U.S. Report Predicts Peak Oil by 2040

The International Energy Agency (IEA), which acts as energy policy advisor to 26 Member countries, puts peak production at 2040 in its World Energy Outlook 2004. In dealing with peak oil and climate change, resourceinvestor

Hydrogen Fuel Cell Jet

An unmanned hydrogen fuel cell powered jet made history this week as it took to the skies over the hills of Bern, Switzerland. The Hyfish astonished its creators as it flawlessly performed vertical climbs, loops and other aerial acrobatics at speeds reaching 200 km/h. technologynewsdaily fuelcellsworks

G7 ministers give nuclear energy a nod

Finance chiefs from the G7 industrialized countries have endorsed nuclear energy, an increasingly attractive power source as governments confront global warming and over-dependence on fossil fuels. yahoo

Saudi king wants to boost kingdom’s oil production

Saudi Arabia wants to increase its oil production so it can meet domestic and international demand while ensuring “fair” world prices, King Abdullah said. The king did not say Saturday how much Saudi Arabia might increase production, but it has repeatedly said it was prepared to do so. Last May, Oil Minister Ali Al Naimi […]

Cal Poly Wins First Shell Eco-marathon Americas with 1,902.7 MPG

The team from Cal Poly San Luis Obispo today won the first Shell Eco-marathon Americas with a gasoline-fueled combustion engine vehicle that delivered 1,902.7 mpg. greencarcongress

Kerry backs focus on renewable energy

Mr. Kerry, along with Sen. Olympia J. Snowe, R-Maine, introduced legislation called the Global Warming Reduction Act of 2007, now under consideration by the Senate. The measure would require a 65 percent reduction of year 2000 emissions levels by 2050. telegram

Petrobras may buy ethanol tankers from Sermetal shipyard

As Brazil steps up its ethanol output and is becoming a global supplier of biofuels, it needs investments in infrastructures to create a smooth logistical chain. A network of dedicated ethanol pipelines is already under construction and now Petroleo Brasileiro SA, Brazil’s state-controlled oil company, says it may purchase tankers from Brazilian shipyards to export […]

New company called ‘Biohydrogen’ to make H2 from sugar

The problem with hydrogen is that it is merely an energy carrier and needs a primary energy source from which the gas can be obtained. If this first source is a fossil fuel, then hydrogen isn’t really a clean energy carrier. If the gas is made from the electrolysis of water, which is a rather […]

U.K.: PETROL TO HIT

PETROL prices are set to smash through the Luke Bosdet of the AA said his group believes the average price for unleaded will go through the

Peak Soil: Why biofuels are unsustainable and a threat to America

Editor’s note: There are many serious problems with biofuels, especially on a massive scale, and it appears from this report that they cannot be surmounted. So let the truth of Alice FriedemannThe author looks ahead to post-petroleum living with considered conclusions: “Biofuels have yet to be proven viable, and mechanization may not be a great […]

Altered Picture for Big Oil Reserves Three Years After Shell

As a crystal ball into the energy industry’s prospects, proved crude-oil and natural-gas reserves aren’t as clear as they used to be, at least not for the biggest oil companies. While energy investors still look to the annual computation of these hydrocarbons in the ground for all energy companies, Wall Street’s assessment of Exxon Mobil […]

Fighting Terror with Hypercars

Lately I’ve been fascinated by the way so many former CIA and State Department officials, once freed from their jobs, have gone to work lobbying for energy security. While on the government payroll they mostly behaved like good soldiers, stuck to their talking points and didn’t say anything that might upset the apple cart. But […]

Lula’s Petrobras Comments Cause Concern

Brazil’s President Luiz Inacio Lula da Silva has caused some concern among the private sector by saying federal energy company Petrobras (NYSE: PBR) must follow the government’s development strategy. “It’s not about dictating rules to Petrobras,” Lula said in a ceremony for the company’s transport unit Transpetro. “It’s about saying Petrobras is controlled by the […]

Organics: A poor harvest for Wal-Mart

Farmers say retailing giant is backing off ambitious plans …There may be problems with supply as well as demand. Wal-Mart is known for its hardball tactics with suppliers, driving costs as low as possible and regularly switching suppliers to get the best price. That kind of attitude can alienate farmers, especially organic ones, who tend […]

Biotech to Ease Ethanol-Related Corn Shortage

Biotechnology will play a key role in boosting corn production to meet the growing demand for ethanol fuel stock, two former presidents of the National Corn Growers Association told Hawaii state legislators and various farmers’ groups during a week-long tour of the state in mid-March. “There are real benefits to biotech corn, which is why […]

Somalian PM Hopes to Tempt Oil Majors Back with Oil Law

Somalian Prime Minister Ali Mohamed Gedi hopes big oil companies will return to the country and said parliament is set to vote on a petroleum law to encourage this by providing a legal framework. Gedi told Dow Jones Newswires last week: “The parliament will approve the law within two months.” Large oil companies were awarded […]

Families given choice of ‘heat or eat’

LANSING – The Department of Human Services today announced that it is out of funds for energy crisis assistance for fiscal year 2007. …”For many Michigan families, it is a choice of whether to heat or to eat,” DHS Director Marianne Udow said. “I can only add my voice to the many Michigan leaders, including […]

Breaking the addiction to cheap oil

M. King Hubbert started a debate about energy nearly half a century ago that still rages today. Hubbert worked as a geophysicist for Shell Oil for more than 20 years starting in 1943 as part of a distinguished career. Of his many notable contributions to his field of study, he is best remembered for the […]

Decline and Fall of Major Reserve Energy Sources

In this short paper, we will attempt an overview of our energy outlook, globally, and in particular with regard to North America. We will concentrate on major reserve energy sources globalresearch

Formation of CTL Coalition Marks Start of America’s Energy Independence for Nati

Congressman Nick J. Rahall, D-WV, and other Members of Congress in support of coal-to-liquid technology joined representatives from the U.S. Air Force, industry and labor on Capitol Hill recently to unveil the National Coal to Liquids (CTL) Coalition, formed to help increase America’s national security by decreasing its dependence on foreign oil, while also spurring […]

Companies, not governments, control energy future: analyst

The American addiction to oil is fuelling the sizzling oilsands development in Fort McMurray, said a policy analyst from the United States slated to come here Monday. “The only reason that the oilsands is being rapidly developed is because of the unabated demands from the United States,” Tyson Slocum said. fortmcmurraytoday

Biofuel boom pushing up some consumer prices

Consumers had cause to cheer, or at least applaud politely, this week when the government forecast summer gasoline prices slightly below last year’s. The outlook may not be as benign for visits to their favorite supermarkets and restaurants, among other destinations — and perhaps for rates on their credit-card and mortgage bills, either. Prices on […]

Namibia: Invader Bush Could Be Put to Good Use

Namibia is endowed with invader bush or bush encroachment in abundance. Studies have found that 26000million hectares of land are overrun by this bush which is a problem because it has tremendously reduced the carrying capacity of the land. Although this is the case, invader bush can be used to not only generate electricity, make […]

Peak Oil Passnotes: Crude Oil Sets Its Sights High

Regular readers of this column will remember how shorting by traders in the third and fourth quarters of 2006 dragged oil down as low as $49.90 intraday. The floor price set at the end of 2005, around $55, seemed unbreakable, yet a year later it failed. We were surprised. At the time crude seemed a […]

When the lights go out

In The Last Oil Shock, David Strahan argues that we ignore the warnings at our peril. Modern industrial societies, he says, are dependent on oil, but over the past 50 years it has become evident that all the big fields have been discovered. Oil companies are busily exploring inhospitable parts of the globe and using […]

Promises and rhetoric not to solve Pakistan’s energy problems: report

In his analysis, Shahid Javed Burki points out that for nearly six decades, no Pakistani government made a serious effort to prepare for the country’s energy requirements. As a consequence, Pakistan has been saddled with “weak institutions, inappropriate pricing policies and insufficient public sector investment.” The net result is that by 2030, energy demand in […]

Renewable energy boom drives up share prices

A boom in renewable energy shows no sign of petering out, with investors greedy for shares in wind-generator companies which are booking huge new sales. Two sales announcements in Germany this week illustrated why a giddy bidding war has developed between Indian and French interests for one of the main German builders of rotor-turbines, Repower.German […]

US Insulated from OPEC-Style Natural Gas Cartel – For Now

A natural gas cartel modeled on OPEC would have little near-term impact on the U.S. but its reverberations eventually could be felt as the country increases its reliance on imports. This week, a group of key gas-producing nations agreed in Doha to study pricing policies in what some perceive to be a step toward forming […]

Energy’s secrets may lie in garden

Berkeley scientists have found that light-loving bacteria — and probably plants — rely on quantum physics to turn sunlight into usable energy rapidly and efficiently, overturning the standard explanation for how green living things get their energy. Armed with those quantum secrets, scientists could see faster progress in copying nature’s machinery and harnessing the sun […]

Supreme Court Rulings Change the U.S. Energy Game

In a 9-0 ruling earlier this month, the Supreme Court vacated a decision by the 4th U.S. Circuit Court of Appeals, saying the appeals court implicitly invalidated 1980 Environmental Protection Agency (EPA) regulations without considering whether it had jurisdiction to do so (Environmental Defense v. Duke EnergyCorp., No. 05-848). Renewable energy experts hailed the ruling […]

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