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News from April 2007

African American Exodus from San Francisco

African American Exodus from San Francisco thumbnail

And, this problem is not unique to San Francisco


U.S. offers renewable fuel standards for vehicles

U.S. offers renewable fuel standards for vehicles thumbnail

WASHINGTON (Reuters) – The United States announced new standards for renewable fuels for cars and trucks on Tuesday, but stopped short of committing to regulate greenhouse gases that spur global warming. The renewable fuel standards program aims to cut dependence on foreign oil and curb global warming pollution by expanding the use of ethanol and […]


The Oil Drum: TDP: The Next Big Thing

The Oil Drum: TDP: The Next Big Thing thumbnail

If you are a layperson, it may not be clear to you just how much of the current infatuation with cellulosic ethanol is hype, and how much is based on realistic assessments. So, I thought I would take you down memory lane and revisit another technology that was going to reduce our dependence on foreign […]


Urban farming thrives in Cuba

Urban farming thrives in Cuba thumbnail

Following the collapse of the Soviet Union, Cubans in towns and cities began spontaneously to grow their own food The Cubans did not come to their exalted status as organic pioneers through some benevolent ecological epiphany. Their conversion to organic agriculture was, quite simply, the result of scarcity. The Cubans ran out of money and […]


ConocoPhillips: The anti-Exxon

ConocoPhillips: The anti-Exxon thumbnail

The Texas-based oil company breaks with the other U.S. majors to support mandatory national regulation of greenhouse gas emissions NEW YORK (Fortune) — Here’s yet another sign that the debate over climate change has shifted decisively: ConocoPhillips today becomes the first U.S.-based oil company to support mandatory national regulation of greenhouse gas emissions. In so […]


Look Out: $500 Uranium Is On the Way

Look Out: $500 Uranium Is On the Way thumbnail

…According to data from the World Nuclear Association, 158 nuclear reactors were proposed around the world in 2007–with 28 currently being built and 64 expected to begin construction this year. This is on top of the 435 reactor already operating. These nuclear facilities will require over 135 million pounds of uranium. And . . . […]


Businesses must look beyond oil, analyst warns

Businesses must look beyond oil, analyst warns thumbnail

With the era of cheap oil ending, Chuck Taylor believes businesses that rely on the movement of freight must begin thinking in terms of alternatives to the current system. The logistics expert said the country can start by lowering speed limits and rebuilding railroads to move more freight and people. But the long-term solutions are […]


Marathon announces deepwater Gulf of Mexico discovery

Marathon announces deepwater Gulf of Mexico discovery thumbnail

Marathon Oil Corporation has drilled a deepwater discovery well in the Gulf of Mexico on Green Canyon Block 244 (OCS-G 11043). The Droshky #1 discovery well (previously named Troika Deep) is located approximately 137 miles south-southwest of Venice, La., in approximately 2,900 feet of water. The well was drilled to a total depth of 21,190 […]


Russia and Egypt to cooperate on oil and gas exploration

Russia and Egypt to cooperate on oil and gas exploration thumbnail

Russia will take part in exploration of oil, gas and gold fields in Egypt. Russia’s Industry and Energy Minister Viktor Khristenko and Egypt’s Petroleum Minister Sameh Fahmy have signed three memorandums of understanding in the sphere of extractive industry in Cairo today. RBCNews


Venezuela

Venezuela thumbnail

As President Hugo Chavez battles American and European oil companies for control of several major oil projects in Venezuela, a Standard & Poor’s report issued Tuesday claimed that Venezuela-style nationalization will not sweep Latin America. In their report, S&P credit analysts admitted that the highly publicized nationalization of significant industries in Venezuela raises concerns that […]


Wildcat growth in oil patch begins to trouble Albertans

Wildcat growth in oil patch begins to trouble Albertans thumbnail

The oil sands boom that’s brought billions of dollars to Alberta has also brought anxiety to a significant number of citizens, some of whom are questioning the rapid pace of development as the provincial government nears the end of a long oil sands review. Roughly $100-billion is slated to be spent over the next decade […]


Asian Refining Facing Hard Times

Asian Refining Facing Hard Times thumbnail

Between now and 2011, a spate of new refineries with a total capacity of 7 million barrels per day will be built. Half of that new capacity will be in Asia. The refineries aim to profit from the ongoing global shortage in refining capacity, which has sent crack spreads soaring. However, the threat of overcapacity […]


West Coast to Feel the Pain of High Gas Prices

West Coast to Feel the Pain of High Gas Prices thumbnail

An oil industry analyst predicts that even if gasoline supplies and prices ease off in the rest of the nation this summer, the West won’t be so lucky. Regular gasoline is at $3.285 a gallon in the region, according to AAA, less than 10 cents below last May’s all-time record of $3.38. Prices in California, […]


Sinopec won’t buy LNG from Iran because of high price

Sinopec won’t buy LNG from Iran because of high price thumbnail

The Chinese are becoming reluctant to pay more for overseas energy sources after the country made some major domestic discoveries of oil and gas reserves recently, which will help meet its seemingly insatiable demand for energy, analysts say. Chen Tonghai, Sinopec’s chairman, expects the proven recoverable gas reserves of Puguang Gas Field, China’s largest to […]


Appetite for ethanol spurs food price inflation

Appetite for ethanol spurs food price inflation thumbnail

It began with the Mexican tortilla crisis, and is now spreading to the price of everything from meat and milk to Coke. North America’s love affair with ethanol GlobeandMail


China paying in euro for Iranian oil

China paying in euro for Iranian oil thumbnail

According to Reuters, Zhuhai Zhenrong Trading, a Chinese state-run company that is the biggest buyer of Iranian crude oil worldwide, began paying for its oil in euros late last year as Tehran moved to diversify its foreign exchange reserves away from US dollars. “Most of ChinaABS-CBNNews


Concentrating solar power better option than nuclear

Concentrating solar power better option than nuclear thumbnail

Nuclear power plants are risky investments given rapidly rising costs of construction of nuclear fuel, reports a new study by researchers from Georgetown University, Stanford University and UC Berkeley. The paper, published in the April 1 issue of the journal Environmental Science and Technology, warns power companies that nuclear power may not be financially attractive […]


Growing energy nexus

Growing energy nexus thumbnail

China’s fast-paced economic growth economist


Will there be a gas OPEC?

Will there be a gas OPEC? thumbnail

The very first day of the forum made it clear that active work on setting up a gas cartel was underway although no documents to this effect were going to be signed. After the forum, Khristenko said that participants in the meeting have decided to establish a high-profile group to deal with gas prices. Although […]


Purdue Energy Center Symposium to Pave the Road to a Hydrogen Economy

Purdue Energy Center Symposium to Pave the Road to a Hydrogen Economy thumbnail

Woodall will discuss a process he developed for producing hydrogen by adding water to an alloy of the metals aluminum and gallium. The method makes it unnecessary to store or transport hydrogen – two major challenges in creating a hydrogen economy. A startup company, AlGalCo Inc., located at the Purdue Research Park, has been formed […]


Russia to Delay Construction of Pacific Pipeline Due to Oil Shortages

Russia to Delay Construction of Pacific Pipeline Due to Oil Shortages thumbnail

Russian government official said on Tuesday, April 10, that construction of the second leg of Asia-bound Pacific oil pipeline could be delayed by three-four years from its original March 2008 deadline due shortages in oil supply from underdeveloped East Siberian fields. “Failure to meet mineral base targets may delay the construction of the second phase […]


World Bank Warns of Environment Cost of India Growth

World Bank Warns of Environment Cost of India Growth thumbnail

India’s robust economic growth will put unprecedented pressures on its land, water, air, soil and forestry resources, a World Bank report said on Tuesday. India’s economy has grown more than 8 percent annually in the past two years, with manufacturing and services leading growth. The country, which has Asia’s fourth largest economy, is tipped to […]


No US Corn Shortage Seen Yet Despite Ethanol Demand

No US Corn Shortage Seen Yet Despite Ethanol Demand thumbnail

The amount of corn used for ethanol continues to climb but the supply of corn is beginning to rebound a bit as livestock feeders seek cheaper sources of animal feed, such as feed wheat, analysts said on Tuesday. No one is saying the food-versus-fuel debate will go away, but for now it appears the intensity […]


Chavez Guarantees Latin American Energy Supply for 100 Years

Chavez Guarantees Latin American Energy Supply for 100 Years thumbnail

Venezuelan President Hugo Chavez called for the creation of a Latin American energy system to prioritize local markets in a “true energy revolution,” guaranteeing oil and gas supply to the region for 100 years. “All the oil and energy that Latin America needs is here in Venezuela,” Chavez said tonight at a graduation ceremony in […]


Ghana: Government opts for nuclear energy

Ghana: Government opts for nuclear energy thumbnail

The debate over which energy generating alternatives would best suit Ghana’s long term needs, given the dire challenges engendered in recent times following the failings of the Akosombo Dam, is about resolved. The government has opted for nuclear energy as the best alternative source of power in a move to avert any future energy crisis […]


Uranium price jumps to record 40-year high

Uranium price jumps to record 40-year high thumbnail

The price of uranium has recorded its biggest percentage increase since dealings were first reported almost 40 years ago. The cost of the fuel used in nuclear power plants jumped 19pc to $113 a pound at a US auction last week. Competition with the utilities and producers who dominated the market previously has driven prices […]


Who profits from a gas OPEC?

Who profits from a gas OPEC? thumbnail

Four years after the fall of Baghdad – which for the neo-cons would signal the advent of the US as “the new OPEC” – a meeting in the tiny Gulf emirate of Qatar may be signaling the birth of a new cartel: a “gas OPEC”, grouping countries controlling 73% of the world’s gas reserves and […]


China plans oil output rise to meet demand

China plans oil output rise to meet demand thumbnail

Russian government official said on Tuesday, April 10, that construction of the second leg of China plans to produce 193 million tons of crude oil and 92 billion cubic meters of natural gas in 2010 as rapid economic growth boosts energy demand, said the nation’s top planning agency. The country pledges to apply new technologies […]


Chevron reports decline in oil, natural gas production

Chevron reports decline in oil, natural gas production thumbnail

Chevron Corp. said Tuesday that first-quarter oil and natural gas production fell 1.2% after the Venezuelan government seized bigger stakes in two oil fields. Chevron pumped the equivalent of 2.61 million barrels of oil a day in January and February, down from 2.64 million a day during the first quarter of 2006, the San Ramon, […]


The Design Imperative

The Design Imperative thumbnail

What is energy good for? A little background: simply put, energy performs work, which underlies all economic activity. From a human perspective, work (in the physics sense of the word) is relevant because it produces quality of life. Technology is nothing more than a design for converting work into a product, which may or may […]


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