Climate change might be bad for Arctic oil industry

The rapidly melting ice in the Arctic might not facilitate the development of oil and gas fields in the Arctic, a group of researchers from the Econ Institute say. A new study from Econ reads that the dramatic meltdown in the North will trigger a new international climate policy with bigger focus on development of […]

South Korea, Japan agree to share oil reserves

South Korea and Japan signed a deal to cooperate in sharing oil reserves, the Ministry of Commerce, Industry and Energy said Monday, paving the way for the two oil importers to jointly deal with any crisis. The strategic alliance agreement between state-run Korea National Oil Corp. and government-funded Japan Oil, Gas and Metals National Corp. […]

Coal-to-Liquid Boondoggle

COAL-TO-LIQUID fuel is being touted in the Senate energy debate as a key to overcoming America’s dependence on foreign fuel. The argument is understandable, considering that the United States sits atop the largest coal reserves in the world, by one estimate a 200- to 450-year supply. But unanswered questions and environmental concerns raise the prospect […]

Debate heats up in US over coal fuel for cars

Backers of coal-based liquid fuels say they can help reduce US dependence on imported oil. Critics contend the use of coal in any form would lead to increased greenhouse gas emissions and other harmful environmental effects. In the House of Representatives, Virginia lawmaker Rick Boucher offered a proposal to establish price guarantees for liquid fuels […]

Ecological Footprint 2.0

The methodology for answering these questions in ecological footprint analysis (EFA) is often criticized for being incomplete and for underestimating humanity’s true impact on the environment. In response, researchers at Redefining Progress have made several amendments to the standard methodology, and given their creation the handle ‘Ecological Footprint 2.0.’ (Best explained by the paper Footprint […]

Global warming to multiply world’s refugee burden

People displaced by global warming — the Christian Aid agency has predicted there will be one billion by 2050 — could dwarf the nearly 10 million refugees and almost 25 million internally displaced people already fleeing wars and oppression. reuters

To developing nations, the new arguments for nuclear power are far from compelli

Currently 435 nuclear reactors operate around the world, with an electrical generating capacity of approximately 370 gigawatts (GW), providing about 17 percent of the world sciam

The Oil Drum: Some Notes on The Midwest Renewable Energy Fair

Since my dog has a broken leg, and my garden is reasonably under control, I decided this afternoon to drive the 20 miles from my cottage to Custer, WI, where the annual Midwest Renewable Energy Association Fair (MREA) was taking place. The organizers expected 15,000 people to attend. I went last year (amidst tornado sirens) […]

Producers roll up their sleeves to tackle heavy oil

North Slope producers BP and ConocoPhillips are tackling one of their toughest technological challenges to date. The companies are working to find the best way to produce the heavy oil from the Ugnu formation, a massive deposit of low-grade oil trapped in sandstone rocks overlying the conventional producing fields of the North Slope. Current estimates […]

Ethanol focus forces oil industry to cut expansion

A push from Congress and the White House for huge increases in biofuels, such as ethanol, is prompting the oil industry to scale back its plans for refinery expansions. That could keep gasoline prices high, possibly for years to come. startribune

Aramco says new Saudi oil refinery for domestic supply

State oil company Saudi Aramco’s new 400,000 barrel per day (bpd) refinery at Ras Tanura will supply the rapidly growing domestic fuel market, an Aramco spokesman said yesterday. “The refinery will provide for domestic fuel consumption, similar to existing in-Kingdom wholly owned Saudi Aramco refineries,” the spokesman said. kuwaittimes

Democrats Press Plan to Channel Billions in Oil Subsidies to Renewable Fuels

Senate Democrats are seeking a major reversal of energy tax policies that would take billions of dollars in tax breaks and other benefits from the oil industry to underwrite renewable fuels. The tax increases would reverse incentives passed as recently as three years ago to increase domestic exploration and production of oil and gas. The […]

Some facts on refineries and ethanol

Some facts on refinery gasoline production and ethanol use: yahoo

PEAK OIL SUBVERT – An oil addict goes cold turkey as the pumps run dry!

UK paper the Independent ran a front page headline about Peak Oil a few days ago – just as we posted this subvertisement (pastiche of KIA tv ad) to raise awareness of the issues – and this site as a portal to further investigation!!! An oil addict goes cold turkey as the pumps run dry! […]

Fuel costs hurt business

When gasoline prices hit $3 a gallon a year ago, Selden Chase, the owner of Chase’s Greenhouse & Florist Inc. in Rush, discontinued a wholesale delivery route that covered western New York. As the price of gas climbed past $3 this year, Chase said, he had to increase the delivery rate for his retail customers. […]

Gas Shortage Leads to Empty Pumps

SOUTH DAKOTA – For most of us, rising prices have been the major concern when it comes to gas. But on Friday, it was a different problem plaguing some Sioux Falls drivers. As people pulled up to a gas station is southeast Sioux Falls, they were greeted with signs they didn’t expect. Stations out of […]

Eating disorder

Rising gasoline prices have been getting all the attention, but the cost of another, more-important staple is actually rising even more: food. In the past year, food prices have increased 3.7 percent and are on track to jump by as much as 7 percent by year’s end. The current increase is more than double the […]

Gasoline refinery expansions scaled back

WASHINGTON — With Congress and the White House pushing to increases the use of ethanol, the oil industry is scaling back its plans to expand refineries – which could keep gasoline prices high, possibly for years to come. President Bush has called for a 20 percent decline in gasoline use by 2017 and the Senate […]

America’s love affair with the pickup stumbles

…In March, Bucky Hacker traded his 2002 Dodge Ram Quad Cab pickup for a subcompact car, the Mazda 3. Hacker, a student from Oak Ridge, Tenn., originally bought the Ram to tow a boat, and thought its macho appearance would help him attract girls. But there were drawbacks. “Gas was ridiculous,” Hacker, 24, said. “The […]

Fuel scarcity bites as Nigerian strike looms

LAGOS, June 17 (Reuters) – Kolawole Adeosun slept overnight in his minibus waiting to buy petrol in Nigeria’s largest city Lagos, but he supports the strike which has caused the fuel scarcity across Africa’s top oil producer. The strike by fuel tanker drivers, which was in its fourth day on Sunday, is a prelude to […]

U.N. head links climate change, Darfur

WASHINGTON – Climate change is partly to blame for the conflict in Sudan’s Darfur region, where droughts have provoked fighting over water sources, U.N. Secretary-General Ban Ki-moon said in an editorial published Saturday. “Almost invariably, we discuss Darfur in a convenient military and political shorthand Rainfall in Sudan began declining two decades ago, a phenomenon […]

A short peak oil video

A music video-style intro to peak oil by Calvin Sloan.

YouTube

Democrats Think You

The Dems So what

The Peak Oil Crisis: Is Anyone Listening?

The U.S. In the meantime, we should all be glad gasoline prices are easing a bit as the markets are figuring that enough gasoline imports will get us through the rest of the summer, no matter how well or poorly we do at keeping our aging refineries patched together. Last week, a discussion arose among […]

Expert View: If we’re as green as we claim, the airlines will suffer

…If buying habits really are changing, though, the aviation industry is the most exposed to the possibility of a consumer boycott, for unlike the grocery sector, it cannot offer low-carbon alternatives. If people decide global warming is a sufficiently serious problem, the airlines will inevitably suffer. So far, the expansion of air travel seems to […]

Global warming threatens Ganges

Global warming threatens one of the world`s major religions, Hinduism, with its potential to affect one of its sacred resources, the Ganges River in India. Up to 70 percent of the Ganges` water during summer comes from run-off from Himalayan glaciers. Those glaciers are shrinking by about 40 yards a year, which scientists say is […]

Europe is catching up with U.S. biofuel

On Francois-Xavier Letang’s farm, yellow-flowering canola fields hold the promise of a payoff that is changing the color of the European landscape and the future of its transportation: biodiesel. Thanks to government subsidies and long-held concerns about climate change, European farmers are trying to match their American counterparts in the ethanol business and expecting rewards […]

Asian scientists call for equitable solutions for energy, environmental issues

Sustainable development and solution of energy and environmental issues should be achieved through an equitable manner, Asian scientists agreed in a statement at the conclusion of a regional science conference on Saturday. “An international consensus should be established to build a global framework, under which efforts should be allocated in an equitable manner among countries […]

Tar sands: More oil than Saudi Arabia

Canada’s tar sands, which have become a major and secure supplier of oil to the United States, have also been singled out as a major target for American and Canadian environmentalists. Issuing press releases against them, however, is one thing. Going without the increasing flood of oil they are pouring into the American market would […]

Iraqi oil: Violence, wrapped in mayhem, inside chaos

The situation in Iraq is bad, really bad! And the instability and violence is negatively affecting the oil industry. Iraq cannot increase its production or expand its capacity since its oil infrastructure has been hobbled by crime and sabotage. Northern Iraq is rich in oil, but exports via a pipeline through Turkey have been effectively […]

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