Energy price wars ahead in 2007

Britain’s big six energy suppliers are poised to launch a price war in the coming weeks that should send household bills tumbling by the spring. thisismoney

U.S. Embassy Is Warning Beijing on Iran Gas Deal

The Bush administration and Congress are warning that a proposed $16 billion deal between a Chinese company and Iran could trigger economic penalties under an American law aimed at starving Iran of funding for terrorism and nuclear weapons. nysun

AN ALCOHOLIC ENERGY SOLUTION

Now, imagine building a car with Model T performance using modern materials freemarketnews

Report claims high oil prices threaten UK food security

Dwindling oil stocks and EU trade and energy policies threaten food price hikes and could cause food shortages in the UK, according to a new report by Green Party Euro-MP Caroline Lucas. fwi

IEA Studying Natural Gas Security Measures

The International Energy Agency is studying ways to bolster the security of global natural gas supply, including the setting up of national strategic reserves by member-states of the IEA, said the newly elected head of the OECD energy watchdog. rigzone

Near-Zero Emissions Power Production Projects

The Department of Energy announced the selection of five projects totaling nearly $12 million targeting cost-effective technologies to improve the performance and economics of near-zero emission, coal-based power generation systems. technologynewsdaily

Russia/Belarus: Possible Gas War Looms

Russia’s natural-gas monopoly Gazprom has said that it will cut fuel supplies to Belarus if Minsk does not accept a steep price increase by January 1. With 80 percent of Gazprom’s exports to Western Europe transiting Ukraine and only 20 percent through Belarus, Minsk’s attempt to pressure Moscow looks empty. rferl

The gathering Gulf storm

One doesn’t have to be a rocket scientist to figure out that the renewed US campaign about the Iran nuclear issue camouflages a struggle for the domination of the Gulf and the Middle East � a region that set the tempo of the Cold War in the last century and will significantly determine the contours […]

Norway to invite US politicians to observe climate change in Arctic

Norway plans to invite U.S. politicians to the Arctic archipelago of Svalbard to see the effects of climate change with their own eyes, the foreign minister said Wednesday. iht

U.S. Stocks Rise, Pushing Dow Above 12,500, as Home Sales Gain

U.S. stocks rose, sending the Dow Jones Industrial Average above 12,500 for the first time, as oil tumbled to a one-month low and home sales exceeded forecasts. bloomberg

TheOilDrum.com Top 50 Posts of 2006

I recently rummaged through TOD’s 2006 posts and ranked the top 50 posts based on the number of comments they generated (through Dec. 27 at noon EST). Obviously, this may not be the best way to figure the top 50 — it just happens to be the method I chose. TOD is also running a […]

Want alternative energy? Try pond scum

We are talking pond scum, or algae, a plant that for decades has been prized as a possible commodity crop based on its unparalleled ability to photosynthesize solar energy into plant biomass for food.

c|net News

Canada gas exports to U.S. could plunge

CALGARY, Alberta (Reuters) – Canadian natural gas exports to the United States could post the largest drop in a generation in 2007, an analyst says, as exploration cuts reduce supply and home-grown demand to fuel oil sands output booms. Martin King, who follows energy commodities at FirstEnergy Capital, a Calgary investment bank, expects exports to […]

The Oil Drum: Book Review of Peak Oil Prep by Mick Winter

For some reason I especially like to read books on Peak Oil, sustainability, and energy issues while traveling. Part of the reason is that traveling always makes me reflective. Part of the reason is that these books are often an ice-breaker that allows me to talk about energy with other travelers. On previous trips I […]

Pinch at the pump worst in 25 years

The state’s motorists paid an average of nearly $2.81 a gallon for gasoline this year, eclipsing a 25-year inflation-adjusted record, the California Energy Commission said Tuesday. And experts predicted more price pressures at the pump in 2007. The state’s refineries face a heavier maintenance schedule in 2007 than they did in 2006, analysts said. California […]

Venezuela Generators to Nicaragua

Managua (Prensa Latina) – The first Venezuelan generators will arrive in Nicaragua in two days and will start working in a couple of weeks to palliate the energy crisis in this country, reported a source of construction. In declarations to local press the Managua mayor and vice president of the Nicaragua-Venezuela mixed enterprise Nicaragua Alba […]

The ripening

I have a hankering for a creamy ripe avocado but the one facing me on the kitchen counter is as hard as the seed that sits at its core. No matter what trick I apply in ripening the fruit, it resists my persistence and growing impatience. And so it is with the ripening of Consider […]

Uganda: Bujagali environment impact study finished

THE Environmental Impact Statement for the 250MW Bujagali power project has been finished, paving way for construction to start. Completion of the project is expected to ease the current energy crisis. The statement will lead to detailed economic, financial and environmental appraisal between the Government and the project lenders. Bujagali Energy submitted the report to […]

GOM Producers Can Terminate Royalty Deals if Others Get Better Terms

The five oil companies that signed agreements with the government last week to begin paying royalties on some Gulf of Mexico oil and gas production can terminate those deals, if other operators negotiate more favorable terms. The Interior Department, trying to redo botched contracts that already have cost American taxpayers nearly $2 billion, reworked these […]

Belarus warns Russia over gas transit to Europe

MINSK/MOSCOW (Reuters) – Belarus issued an implicit threat that it could stop Russian gas deliveries through its pipelines to western Europe unless Russia’s gas monopoly Gazprom relented on demands Minsk pay steep price increases in 2007. The threat is likely to revive unpleasant memories of gas cuts to Europe last year when Russia was locked […]

The Philippines: Oil firms are tools of Imperial Manila

EVEN the petroleum companies are rubbing it in. They announced a P2.00-rollback but the beneficiaries are only Metro Manila and Cebu. Beat that? The decision makers of corporate giants in Metro Manila are just as imperious as the lawmakers in the Senate. They think only of Imperial Manila forgetting that we Mindanaons are just as […]

Team ready to keep toxic gas underground

An international research team is heading to the southeast corner of Saskatchewan to check on millions of tonnes of carbon dioxide buried beneath the frozen fields. They want to ensure the notorious greenhouse gas stays more than a kilometre underground in perpetuity and doesn’t leak out of oil wells that have turned the Canadian prairies […]

U.S. Wants Polar Bears Listed as Threatened

The Bush administration has decided to propose listing the polar bear as threatened under the Endangered Species Act, putting the U.S. government on record as saying that global warming could drive one of the world’s most recognizable animals out of existence. The administration’s proposal — which was described by an Interior Department official who spoke […]

London-on-Sea: the future of a city in decay

This map reveals how Westminster Abbey, the Houses of Parliament and Canary Wharf will be among the areas at risk of flooding according to a new estimate of rising sea levels. The need for new defences is underlined by a study that concludes that levels may rise more quickly in the coming decades than previously […]

Tip of Louisiana falls off recovery map

…”From day one, I felt like the government officials didn’t want us down here anymore,” said Lonnie Hamilton, 59, head of the three-generation oystering clan. But his family is too tied to the ways of the bayou and refuses to budge. This month, with intense lobbying from the Gulf Coast states, President George W. Bush […]

Dire warnings from China’s first climate change report

Temperatures in China will rise significantly in coming decades and water shortages will worsen, state media said Wednesday, citing the government’s first national assessment of global climate change. Compared with 2000, the annual average temperature in China will rise by as much as 3.3 degrees Celsius by 2050, the China News Service reported, citing the […]

India’s Big Plans for Biodiesel

Biodiesel could be an important renewable substitute for fossil fuels. And, in certain parts of the world, governments and some corporations consider the jatropha plant, common in hot climates, one of the most promising sources of biodiesel. The plant can grow in wastelands, and it yields more than four times as much fuel per hectare […]

The U.N. votes, Iran ignores

The United Nations Security Council at long last voted to impose sanctions on Iran for its continuing pursuit of uranium enrichment in defiance of the international community. The Tehran government immediately dismissed the U.N. move and vowed to step up nuclear activities. The stage is thus set for yet another round of protracted diplomacy, even […]

EU begins countdown to fresh Russia gas crunch

Experts are divided on how a Belarus gas shutdown could hit the EU, with Poland’s Gazeta Wyborcza citing analysts who say the Russian-owned Yamal pipeline would keep flowing, leaving just Riga and Vilnius in the cold. But Polish daily Rzeczpospolita writes that when Russia shut down supplies to Beltransgaz for one day in 2004, Belarus […]

How coal may soon be keeping jets in air

When railways ruled, it was the sweating firemen shovelling coal into the furnace who kept the engines running. Now, nearly two centuries after Stephenson’s “Rocket” steam locomotive helped usher in the Industrial Revolution, that same coal could be the fuel that keeps the jet age aloft. But with a twist: The planes of the future […]

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