With U.S. ethanol production on the rise, one major obstacle facing the alternative fuel is getting a closer look: the rather inconvenient system for transporting it around the country. There’s also the possibility that idled portions of the nation’s petroleum pipeline network could be redeployed for ethanol, said John Mahon, director of business development for […]
Politicians who call for U.S. energy independence are engaging in rhetoric and poor leadership, says the vice chairman of the second-largest oil company in the United States. “It is not going to happen,” said Peter J. Robertson, of Chevron Corporation. “It may be politically attractive to say we don’t need to import foreign oil, but […]
Centuries after it disintegrated with the decline of the Mongol empire and the rise of sea power, the old Silk Road is to be reinvented in a network of highways and arteries linking the remote desert of northwest China with cities in Europe, the Middle East and Russia. China on Friday unveiled plans to build […]
Nearly two-thirds of Somalia’s land to prospect and exploit oil reserves was allocated to the American oil giants Conoco, Amoco, Chevron and Phillips in the final years before the, at that time, Somalia’s pro-U.S. President Mohamed Siad Barre was overthrown and the nation plunged into chaos in January, 1991. Conoco inc. even kept an office […]
High oil prices are being caused by geopolitical tensions and not by a lack of supply, OPEC ministers said yesterday. “This price is not related to demand and supply at all. It is only related to geopolitics,” Qatari Energy Minister Abdullah bin Hamad Al-Attiyah said on the sidelines of an oil industry conference here.But Claude […]
By Alexander Temerko, former Yukos vice-presidentThe gathering of Russia, Iran and other major international gas producers tomorrow in Qatar is an ominous one for the UK and other European countries. Western leaders have for years had to deal with Opec, which controls a large chunk of world oil trade. They now face a potential new […]
Oil, for all its dirty, nasty attributes, is the best thing since man discovered fire. There is nothing to replace it. To put this greasy energy in perspective: One cubic mile of crude oil has the energy equivalent of 104 coal-fired power plants running for 50 years; 1 cubic mile of oil equals 22.7 billion […]
The following videos highlight contributions of two speakers: Roberto Rodrigues (former Brazilian minister of agriculture) and David Rothkopf who prepared the study. […] Rodrigues explains why the big issue for 20th century agriculture was achieving global food security, and why for the 21st century it will be energy security. The professor sees a radical change […]
A new documentary on peak oil and climate change: As our global population and its appetite for energy rise drastically, resource depletion and global warming have become the most pressing issues facing humanity today. Most experts agree that global peak oil production, when demand exceeds supply, will occur within the next 15 years and will […]
NEW YORK — Rising global demand for diesel is reshaping the U.S. oil refining industry. While most U.S. motorists pay scant attention to the high price of the trucking fuel when filling up their cars with gasoline, refiners have taken note and are moving to boost capacity for the production of diesel. With long-distance freight […]
Lucky for us: There may not be as much coal left as the industry has claimed. The biggest nightmare for global warming, aside from the Bush presidency, is the prospect that the world will burn more coal. Compared to other fossil fuels, coal creates the most greenhouse gas pollution per unit of energy. But with […]
…Transform the Auto Industry to Lead the World in Cars of the Future: Edwards believes that everyone should be able to drive the car, truck or SUV of their choice and still enjoy high fuel economy. American automakers have the ingenuity to lead the world in building the clean, safe, economical cars of the future. […]
…According to our best, most realistic estimates, hereTar sands and oil shales: Shortages of fresh water and natural gas and/or nuclear power to process them virtually assure that they will remain minor players. According to Prof. Aleklett, President of the ASPO, the Canadian tar sands will probably hit a plateau of around 3.5 mbpd around […]
Moment Television has produced five new online videos focusing on community localization topics from local currency to electric cars, plus a conversation with Richard Heinberg. You can watch or listen at www.peakmoment.tv. Peak Moment: Community Responses for a Changing Energy Future is a television series emphasizing positive responses to energy decline and climate change through […]
BRUSSELS (AFP) – Global warming could create tens of millions of climate refugees, although numbers are hard to predict with accuracy and the definition itself is open to debate, experts say. “According to some estimates, there are already almost as many environmentally displaced people on the planet as traditional refugees,” said Yvo de Boer, executive […]
Stuart Staniford et al has put together an entire series of posts–that are not introductory at all–but are instead intended to summarize the status of the overall hypothesis that watering out of North Ghawar is the main cause of declines in Saudi production in the last couple of years. If Stuart is correct, and he […]
Washington, Ia. – Scrap wood from a broom factory is being turned into biomass fuel for stoves. Practical Environmental Solutions Inc. turns the scrap wood from a Fairfield broom maker into inch-long Biomass Power Pellets. Production began two weeks ago, and five full-time workers are learning on the job. “It’s a new industry,” said Lee […]
AMSTERDAM – Most Austrian glaciers will have disappeared by the end of the century. That is formulated in a report of the environmental group Austrian Alpine Association that was published last Friday. The Austrian glaciers are shrinking ten to fifteen meters a year. That is twice as fast as ten years ago. If the ice […]
2nd Hour Guest Expert Matthew Simmons Chairman, Simmons & Company International A Discussion on the GAO Report: Crude Oil – Uncertainty about Future Oil supply Makes It Important to Develop a Strategy for Addressing a Peak and Decline in Oil Production Various audio formats available, including RealMedia, MP3, and Windows Media. Financial Sense Newshour
As the supply of cheap fuel dwindles, rural Lampeter embarks on ‘energy descent’ There is, as the ads say, no Plan B. The age of cheap oil is drawing to a close, climate change already threatens, and politicians dither. But the people of Lampeter, a small community in the middle of rural Wales, gathered together […]
NEW ORLEANS – A top hurricane forecaster called Al Gore “a gross alarmist” Friday for making an Oscar-winning documentary about global warming. “He’s one of these guys that preaches the end of the world type of things. I think he’s doing a great disservice and he doesn’t know what he’s talking about,” Dr. William Gray […]
Housing bubble graph visualized in video format.Economic Warfare
What do a former Florida governor, the powerful head of a hemispheric development bank and a former Brazilian agriculture minister have in common? Jeb Bush, Inter American Development Bank chief Luis Alberto Moreno and Roberto Rodrigues, Brazil’s agriculture minister until 2006, have teamed up to form the Interamerican Ethanol Commission — a venture they hope […]
Russia’s energy minister yesterday poured scorn on suggestions that gas exporters would announce a “gas Opec” at a meeting in Doha next week, pledging that Russia would never take part in such an organisation. Leading producers are to meet in Doha on Monday at the Gas Exporting Countries Forum amid reports they have been working […]
China and Japan have bathed their bruised ties with soothing rhetoric ahead of a visit by Chinese Premier Wen Jiabao, but they remain far apart in settling energy disputes that dog the relationship.‘On the one hand, there’s resurgent nationalism in Japan that makes it hard for them to give away anything,’ Mark Valencia, a Hawaii-based […]
Despite the obvious increase in the cost of production of most local manufacturing companies due to the load shedding exercise, they are scared to increase the prices of their goods to absolve the additional cost. Prices of goods have remained relatively stable reflecting in the downward movement of inflation although they have recorded significant increases […]
If solar power is going to play a significant role in the energy equation of the future, there must be advances in technologies to store that power and more investment by manufacturers, concludes a new federally funded study by University of Massachusetts Amherst scientist Erin Baker. But in New Zealand researchers have developed new solar […]
BRUSSELS (AFP) – Climate change is set to inflict damage in every continent, hitting poor countries hardest and threatening nearly a third of the world’s species with extinction, UN experts warned Friday. Global warming will affect much of life on Earth this century, the UN’s Intergovernmental Panel on Climate Change (IPCC) said in a landmark […]
In an unusual burst of anger from a federal official, a U.S. Maritime Administration official lashed out against a coastal activist who had just accused his agency of rushing a decision on the BHP Billiton liquefied natural gas terminal. The tempers flared Wednesday night at the first of three public hearings in eight days on […]
DALLAS Last week, the Public Utility Commission proposed a $210 million penalty against TXU over charges that it jacked up electric prices in the summer of 2005 by selling power at inflated prices. TXU is contesting the charges. And a spokeswoman said Thursday that TXU is talking with the PUC about avoiding similar charges if […]
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