Governor Kulongoski wants Oregon to become a center for fuel-cell production

Governor Kulongoski is floating a new proposal to allow businesses that invest in alternative energy sources and energy efficiency to get increased tax credits. It would also allow companies to claim a tax credit for 50 percent of the project cost, up from 35 percent under current law. kxl

Nuclear Tide

With time and experience, the price of all this technology would be expected to come down considerably, but the clear take-away from all of this is that energy will not be cheap in the future. The energy source we choose today for tomorrow resourceinvestor

When Chaos Replaces Oil

Hawke’s Bay Today (New Zealand) – Peter Lloyd is preparing for a ghastly future. The world he foresees is one in which it will cost $700 or $1000 to fill the family car – if petrol is available for private use. It will be a world in which the scarcity and expense of oil, widespread […]

U.S. Senate Passes Gulf Drilling Bill, Set for Showdown with House

WASHINGTON, DC, August 1, 2006 (ENS) – The Senate today approved legislation that would greatly expand oil and gas drilling in the Gulf of Mexico, but proponents acknowledge the measure faces an uncertain future. Lawmakers must reconcile the bill with a much more expansive version passed last month by the House of Representatives and neither […]

It’s Time to Invest for $100 Oil

MSN Money – Investors, get ready for $100-a-barrel oil. Energy experts say this kind of portfolio-wrenching spike in the price of oil isn’t far off. They chalk it up to two factors: There are basic underlying energy shortages, while global demand from economic hot spots like China and India ratchets higher every month. A half-dozen […]

Yukos is Declared Bankrupt by Court

Times Online – A COURT in Moscow declared Yukos bankrupt yesterday, ending a two-year battle by the companyTimes Online

The Oil Drum: Climate Change and Electricity From Biomass

The time has come to put the ongoing biomass debate in a larger context. My thanks to many TOD participants for their informative comments. I usually work the “problem” side of climate change, peak oil and natural gas supply in North America. Here I intend to address the “solutions” side of the debate. It is […]

More than 52,000 Europeans Died from Heat in Summer 2003

Temperatures exceeded any in the Royal Meteorological Society’s records dating back to 1833.Summer 2003 was likely the warmest since 1540.  Europe experienced its hottest weather in at least 500 years. http://www.earth-policy.org/Updates/2006/Update56_data.htm

Mexico’s June Oil Output at Largest Field Falls to 4-Year Low

Aug. 1 (Bloomberg) — Mexican crude oil output at the nation’s largest field, Cantarell, fell in June to the lowest in more than four years. Cantarell, which accounts for half of Mexico’s oil production, yielded 1.74 million barrels a day in June, a 13 percent decline from a year ago, according to data on the […]

GM, Chrysler, Ford sales tumbled in July

But Toyota boasts a 16.2 percent increase as rising gas prices reshape market. DETROIT (Reuters) — General Motors, Ford and Chrysler Tuesday reported steep declines in July sales, a drop expected to cost the U.S. automakers a bigger slice of a market overshadowed by concerns about fuel efficiency and high gasoline prices. The sales declines […]

Oil: Why it won’t go below $60

Now that OPEC has tasted record high prices with little impact on demand, some say the cartel won’t let crude fall too far – at least for now. NEW YORK (CNNMoney.com) — Just a couple of years back people talked about oil hitting a low of $20 a barrel. Then, as prices steadily rose without […]

Withdraw or Stand Firm?

…So how do we get of Iraq with our dignity and not have a costly energy crisis? In the short term, we can’t. In the long term, America is the Saudi Arabia of coal. Technologies are already proven for making coal into synthetic gas and liquid fuel, and when crude oil runs low enough that […]

We must cut energy costs by conserving

Energy is very much in the news these days. In the background are gas prices that are still rising, mounting evidence that the effects of global warming may already be upon us, more war in the oil-rich Mideast and unprecedented power demands by consumers to keep our air conditioners going during an especially hot spell. […]

Frequent power outage protested in Gaibandha

BANGLADESH – People from all walks of life formed a two-kilometer long human chain and held a rally at Dariyapur on the outskirt of Gaibandha town protesting frequent power outage in six upazilas of the district. The programmes were organised by Palli Bidyut Grahak Sangram Samity, a newly formed civic body. The upazilas are under […]

Drivers try another gas to save gasoline

TOPSHAM, Maine – Many motorists seeking to improve their mileage as gas prices soar this summer are examining everything Bourque, an engineer, said he has seen a 1 to 1.5 mile-per-gallon increase since he began filling his tires with nitrogen, which is touted as maintaining tire pressure longer and resisting heat buildup on hot summer […]

Natural gas futures surge on heat wave; oil up

Scorching temperatures send natural gas futures to three-year high WASHINGTON – Natural gas futures surged 14 percent to a three-month high on Monday, rallying on strong demand from power producers amid scorching temperatures across the Midwest and Northeast. Oil prices also rose as fighting between Israel and Hezbollah raged on, keeping traders tense about a […]

Single households ‘waste energy’

Efforts to get households to reduce energy use are being hampered by the appliance and gadget-packed homes of single men, research suggests. Sole occupancy households in England and Wales are said to use the most space and power per capita – with males aged 35-45 the worst offenders. BBC

Asia stepping up biofuel drive to quench oil thirst

Southeast Asian countries are racing ahead with plans to put a lid on oil demand by boosting domestic biofuels, a sign that record prices are spurring the substitution that Opec producers fear will lead to oversupply. The rush to turn crops such as palm oil into transport fuels has picked up as the cost of […]

Study raises new doubts about carbon storage

The capture and storage of CO2 deep underground may prove an environmentally risky solution to global warming, a US government experiment revealed. US researchers who injected carbon dioxide in a depleted oil field in Texas found it caused the minerals underground to dissolve, raising fresh doubts about carbon capture and storage technology as a viable […]

South Korean Manufacturers’ Confidence Drops to a One-Year Low

Confidence among South Korean manufacturers fell to a one-year low in July on concern rising oil prices and labor strikes may erode profits and hurt production, the central bank said. “Rising oil, global interest rate increases are downside risk factors for the South Korean economy,” said Lee Sang Jae, an economist at Hyundai Securities Co. […]

Coal may be the new oil, says the big end of town

Coal may overtake oil as the best-performing energy investment. That, at least, is the emerging consensus from a diversity of speculators, investors and giant corporations, including Wilbur Ross, the billionaire bankruptcy specialist, BHP Billiton, the world’s largest mining company, and Merrill Lynch & Co, the third-largest US securities firm. Because “coal is the cheapest, most […]

Top scientists demand deep burial of radioactive waste

Proposals to bury the UK’s existing radioactive waste deep underground should be acted on urgently and not delayed by calls for more scientific research, top scientists said today. The statement from the Royal Society – the UK’s national academy of science – comes as the Committee on Radioactive Waste Management, an independent committee appointed by […]

Beware of the ethanol hype

Ethanol appears to be the new and exciting source of renewable energy, drawing considerable investor interest, as reflected by recent initial public stock offerings such as VeraSun Energy and Pacific Ethanol. The use of ethanol is also politically expedient, as it is perceived to be an alternative to Middle Eastern oil. Ethanol also benefits from […]

High-Performance Flexible Silicon

The same high-quality form of silicon that is used inside many new computers could soon be rolled up on a sheet of plastic. Researchers from the University of Wisconsin, Madison, have shown that the type of high-speed silicon used for the past few years in Intel’s microprocessors, called “strained” silicon, can be made thin enough […]

Abundant Power from Universal Geothermal Energy

The answer to the world’s energy needs may have been under our feet all this time, according to Jefferson Tester, professor of chemical engineering at the MIT Laboratory for Energy and the Environment. Tester says heat generated deep within the earth by the decay of naturally occurring isotopes has the potential to supply a tremendous […]

Michael Ruppert’s Economic Forecast (Transcript)

Global Public Media Jamey Hecht: I’m talking with Mike Ruppert, who is the founder, editor-in-chief, and major writer of From The Wilderness Publications. That’s a website–FromTheWilderness.com. He’s also been and a major speaker on peak oil, and one of the pioneers in explaining the connections between resource scarcity, and American GO Politics. How are you, […]

British Energy Firms Lead Race for Stake in India’s Major Gas Find

UK oil and gas giants BP, BG Group and Royal Dutch Shell are now leading the race to win a stake in India’s largest ever gas discovery after US oil giant ExxonMobil, France’s Total and seven other international oil companies were knocked out last week. rigzone

In praise of … solar power

With unfortunate timing Britain’s skies began to cloud over yesterday, just as one of the country’s biggest electrical retailers announced it was to start selling solar panels. A country used to lots of rain, long winter nights and the comforts of mains gas and electricity has been slow to recognise that solar power can work […]

Renewable Energy May Need $100B Invest By ‘20

China’s renewable energy sector may need a total investment of CNY800 billion (around $100 billion) from now until the year 2020 to boost its share in the country’s energy mix, Shanghai Securities News reported Monday, citing a senior government official. The government is aiming to increase the use of renewable energy to 16% in the […]

A thirsty world is running dry

“Our society is in a state of collective denial that has no precedent in history, in terms of its scale and implication,” writes scientist Jeremy Leggett in a book, Half Gone (2005), about the imminent arrival of “peak oil”, when global oil reserves begin to run down. Half Gone argues that “peak oil” has already […]

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