Re-evolution and the Steady State of M. King Hubbert

Integrity, intellectual honesty, courage, focus, foresight, leadership, belief in the goodness of the American people. These are descriptions that spring to mind when thinking of M. King Hubbert. He was a visionary who believed in the power of ideas and the need to use intellectual rigour to analyse and manage change. As a research geophysicist […]

Baptists approve global warming measure

SAN ANTONIO – Southern Baptists approved a resolution on global warming Wednesday that questions the prevailing scientific belief that humans are largely to blame for the phenomenon and also warns that increased regulation of greenhouse gases will hurt the poor. The global warming debate has split evangelicals, with some not only pressing the issue but […]

Oil holds around $70; U.S. fuel supplies in focus

Oil steadied near $70 a barrel on Thursday after spiking more than $1 the previous day when a U.S. government report showed gasoline and heating oil stocks were well below normal in the world’s top consumer. London Brent crude, currently seen as the best indicator of the global market, was up 18 at $70.12 by […]

U.S. needs more oil drilling, not more gas laws

With pump prices above $3 a gallon, Americans are paying more for gasoline and the situation could become even more volatile as global markets respond to troubling events around the world. In an effort to give consumers a break at the pump, Congress is poised to make a huge error in consumer protection. The top […]

On the border of disaster

Could things actually get a lot worse in Iraq? They could, if a major regional power were sucked into the vortex of Iraq’s deepening chaos. Turkey almost was. And it still could be, if cooler heads in Ankara, Kurdistan and Washington can’t manage to quell dangerous tensions between Turkey’s military and separatist Kurdish guerrillas, who […]

What’s in the Energy Bill?

The controversial energy bill now on the Senate floor takes a different approach than the bill pushed through by a Republican Senate in 2005. That measure sought to increase domestic oil production through subsidies and other incentives. With Democrats now in charge, the new bill focuses on decreasing consumption of oil and gasoline. Here’s a […]

Consumers Plan to Employ Gas-Saving Tips to Achieve Greater Fuel Economy

With gas prices on the rise this summer, there is no shortage of fuel economy advice available to consumers who want to save a few dollars at the pump. Drivers are often encouraged to improve their vehicle’s fuel economy by reducing air conditioning use, changing filters regularly, checking tire pressure, having fuel injectors cleaned and […]

The scramble for Africa’s oil

Within a decade, the US will be heavily dependent on African oil. Little wonder the Pentagon is preparing a strategy for the region. NewStatesman

Saudi Aramco building 400,000 bpd refinery

Saudi Aramco has launched a project to build a new 400,000 barrel per day refinery that will cost $7 billion to $8 billion, the Middle East Economic Digest (MEED) reported. The new plant is scheduled to come onstream in early 2012, MEED said without giving the source of the report. It will be built on […]

Why did the Soviet Union fall?

The timeline of the collapse of the Soviet Union can be traced to September 13, 1985. On this date, Sheikh Ahmed Zaki Yamani, the minister of oil of Saudi Arabia, declared that the monarchy had decided to alter its oil policy radically. The Saudis stopped protecting oil prices, and Saudi Arabia quickly regained its share […]

Russia to Pump Up Oil Production by 2010

Russia will increase by 2010 its extraction of oil to 10 million 600 thousand barrels per day, according to data of the International Energy Agency (IEA) released here on Wednesday. According to those estimates, Russian crude production could decline in 2012 to 10.5 million barrels per day. The hydrocarbon productive surge responds to about 20 […]

Winter heating oil import dependence set to jump

The U.S. energy industry has sharply reduced its production of heating oil in favor of cleaner, higher-profit fuels like diesel — a move that could see the nation relying more heavily on imports next winter heating season, analysts said Wednesday. The move has led to a sharp fall in heating oil stocks in recent months […]

James Woolsey on ending the oil era

Some people think it will be much more difficult in the future because the Saudi Arabian oil fields could be peaking, if not now then soon. We will also have huge demand, not only from the West but from India and China as they start to produce middle classes that drive cars. So the Saudis […]

Outside View: Iran`s oil weapon

Seyed Kazem Vaziri Hamaneh, Iran`s petroleum minister, announced at the two-day Asia oil and gas conference in Kuala Lumpur, Malaysia, that the refineries would be built in China, Singapore, Indonesia, Malaysia and Syria. He added that a further deal had been agreed with India`s Essar Group to build a new refinery in Iran itself, for […]

U.S. Foreign Policy in the Last Years of the Bush Administration

Nevertheless any president remains strong on foreign policy, particularly when determined and firmly convinced of his rectitude as Bush is. Despite Democrats TCF

Global Resource Corporation Announces Gasification Technique to Unlock Resid Oil

Global Resource Corporation announced today that they will commence Phase II testing to produce valuable energy byproducts from resid oil, a material that remains after crude oil is distilled. The new tests will prove that the company’s patent pending process can derive upgraded oil and gas from resid oil, drastically increase the price per barrel […]

Petrol problems about peak oil, not snake oil

World discovery of oil peaked in 1964 and has been declining ever since. The most likely production scenario is for an annual decline in world production of 2 to 3 per cent, so that world oil production will fall to about 1990 levels by 2020. In Australia, oil production peaked in 2001. According to the […]

Alternative energy comes closer with advances in hydrogen fuel cell sealing tech

Solid Oxide Fuel Cells (SOFC) have attracted major interest from research and development communities as an alternative source of power, with commercial trials already under way. In these fuel cells electricity is generated via electro-chemical reactions using hydrogen based gas and oxygen as a fuel and oxidant, respectively. The researchers found that all materials tested […]

Pickens wants to build world’s largest wind farm

Billionaire T. Boone Pickens is planning to cash in on the wind energy boom by building the world’s largest wind farm in West Texas. The oil tycoon wants to install large wind turbines in parts of four Panhandle counties in a project that would produce up to 4,000 megawatts of electricity, Pickens spokesman Mike Boswell […]

We’re doing it to ourselves on oil, says Pickens

I think you’ll see $80 oil before the end of the year. There’s no question in my mind that oil has peaked. If you’ve already peaked, you’ll start to decline. Can you replace it? Probably not. What happens then? The supply goes down, demand goes up, and price goes up. It will be a case […]

California Governor Notifies EPA of Coming Lawsuit

California Governor Arnold Schwarzenegger notified the US Environmental Protection Agency (EPA) that California will file a lawsuit against the federal government six months and one day after the required notice was originally sent on April 26, 2007. Last Friday, US EPA Administrator Stephen Johnson indicated to the US House of Representatives Special Committee on Global […]

Boeing warns of limits to airline growth

A lack of airports in Europe will start to limit airline growth within 20 years, Boeing said yesterday. Randy Tinseth, vice-president of marketing at Boeing, said that the growth rate would average slightly higher than 5 per cent in the first decade and then fall in the second. The dip is expected to be caused […]

The changing face of English landscape

A switch in agricultural methods away from animals towards crops, the intrusion of motorways and roads and creeping urban sprawl all contribute to subtle changes in the landscape, it is claimed. And there is a warning that some of the treasured features which define distinctive parts of the country are suffering through neglect. telegraph

Emissions scheme

Weak political decisions have “seriously undermined” one of Europe’s key strategies to reduce emissions and tackle climate change and look set to do so again, according to a report out today. The EU Emissions Trading Scheme (ETS) uses a tradable permit system to persuade business and industry to reduce their emissions by effectively putting a […]

A world without oil

Scientists have criticised a major review of the world’s remaining oil reserves, warning that the end of oil is coming sooner than governments and oil companies are prepared to admit. BP’s Statistical Review of World Energy, published yesterday, appears to show that the world still has enough “proven” reserves to provide 40 years of consumption […]

A Saudi Summer Surprise

A little Saudi Surprise or was it just another excuse to buy back into the oil bull market? Monday turned into a big buy back session as the oil came storming back. Traders who dumped positions on Friday seemed to think the market all of a sudden had value on Monday. Yet if you talked […]

Millions could have been better spent

…Dr. Helen Caldicott, the author and Nobel Peace Prize nominee, is an English MD/scientist who has done a superb job of research. Her findings clearly show that nuclear is not the way to go. First, uranium is scarce and therefore becoming expensive. Costs of new power plants is prohibitive. Note that the French built their […]

Water for the World

A $3 gadget that promises to quench a user’s thirst for a year without spare parts, electricity or maintenance. With his rimless eyeglasses and natty suit, 35-year-old Mikkel Vestergaard Frandsen looks like the kind of CEO who enjoys a fine red. Less likely is the image of him slurping that Bordeaux through a bright blue […]

Irrational incandescence

People can’t be bothered to make easy energy savings SOME ways of cutting carbon are cheaper than others. So, at different carbon prices, different sorts of methods of abatement become worthwhile. Vattenfall, a Swedish power utility, has tried to quantify which ones would be worth undertaking at what price (see chart 3). The result is […]

Nigeria: End the Energy Crisis Now!

The other day in Abuja, President Umaru Musa Yar’Adua gave stakeholders in the Nigerian Energy sector a marching order: Enhance the supply of electricity immediately or risk the declaration of state of emergency. Rightly so. If there is any aspect of national life that needs urgent, combative attention, it is power. The president displayed a […]

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