Gearing Up for Gulf Hurricanes: Offshore Technology Conference

In recent years, Gulf Coast hurricanes reminded oil companies and offshore drillers they are little match for Mother Nature. But improvements in everything from weather forecasting to rig tie-downs may give the energy industry more of a fighting chance this hurricane season. To be sure, the issue of hurricane readiness, for an industry pushing into […]

The Reality of Peak Oil

There are two words that you will never hear again in the same sentence-”cheap” and “oil.” The reality is that peak oil isn’t around the corner — it’s already here. The fact is that oil prices have tripled in less than seven years. And you can expect oil to break record price levels again in […]

Venezuela takes operations from big oil firms

In a May Day takeover, control of massive Orinoco oil projects removed PUERTO PIRITU, Venezuela – Venezuela stripped the world

Lunar Resonant Streetlights

Lunar-resonant streetlights sense and respond to ambient moonlight, dimming and brightening each month as the moon cycles through its phases. Streetlights account for 38% of all electricity used for lighting in the United States. Utilizing available moonlight, rather than overwhelming it, saves energy and mitigates light pollution. Civil Twilight Collective

The Oil Drum: Why People Disagree on Peak Oil: Part III – Our Belief Systems

Today on The Oil Drum, Nate Hagens, a former Wall Street investments manager who has an MBA from University of Chicago currently completing his PhD candidacy at the University of Vermont’s Gund Institute for Ecological Economics, explores the social and psychological theories and insights that come with the larger issue surrounding how individuals can deal […]

Dancing with Fairies

In recent months we at SRA have received a growing number of requests to address the question of peaking world oil production from a political point of view. To wit, is not peak oil just another wheeze to create a crisis that would facilitate the creation of global government? Isn The best argument in favour […]

Simple life is solution to a world less crude

The poor can offer But there is growing consensus among geologists, energy analysts and even governments that the cheap, easily accessible oil on which our modern economy depends has reached maximum production and is about to go into permanent decline. Just as everyone in China and India gets the chance to own a car. Inevitably, […]

May Day

On the eve of this May Day, Fidel Castro published some further reflections on energy, biofuels and sugar cane. In the text the dictator refers to his historic plan to produce “Ten Million Tons of Sugar” by 1970, to sell it to the USSR in exchange for… oil. Fidel Castro’s first deal with the Soviets […]

The war for your electric bill

Private-equity buyout funds are targeting electric power companies in deals that generate massive debt, stop the building of better plants and jack up rates. They take the profits and stick consumers with the cost.
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By Jim Jubak MSN

Aging Rig Fleet, Slowdown in Drilling Sharpen Oil Peak

HOUSTON – Slowing the decline after peak oil will be a delicate balancing act, indicated Matthew Simmons, chairman of Simmons and Company International, at the Offshore Technology Conference in Houston today. Key issues are the aging of the offshore rig fleet and the need for accelerated exploration drilling. Simmons said that information from the US […]

World Without Oil Launches

Last night at midnight, the alternate reality game (ARG for short) World Without Oil launched. In the game, the world has hit peak oil and there are news reports of crises from around the world. The goal of the game is to get real people around the world to start thinking about life without oil. […]

Fight Fire With Fire?

Will climate change doom humanity to an existence mimicking Dante’s Inferno? Will nuclear proliferation threaten humanity with annihilation as depicted in Dr. Strangelove? An increasing number of pundits, policymakers and even environmentalists believe that nuclear energy can save us from massive death by climate change and will not lead to massive destruction by nuclear war. […]

A Black History of Our Oil Addiction

MP3 audio interview with Edwin Black, author of Internal Combustion on the electric car conspiracy.Thomas Edison had spent $3.5 million between 1903 and 1910 (equivalent to $71 million today) perfecting his nickel iron battery. He claimed it was half the weight of lead acid and had twice the energy density. Electric cars equipped with it […]

Kurds will vote against oil law

While Baghdad warns regional governments not to sign oil and gas contracts, the Kurds say they will vote against the draft oil law. The Kurdistan Regional Government, which agreed to the draft hydrocarbons law in February, says changes made to certain portions of the law are a threat to the oil-rich, semi-autonomous and largely violence-free […]

Japan follows Korea’s path to Middle East oil security

Japan’s plan to lease out some of its oil storage facilities to Saudi Arabia and secure longer-term supply deals show Tokyo taking a page out of Seoul’s book on how to cut costs in its quest for energy security. After decades of attempting to protect itself from oil supply disruptions by buying overseas fields or […]

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LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
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