The revolution will not be blogged, either

In Collapse: How Societies Choose to Fail or Succeed, Jared Diamond observes that the vast majority of technologies create more problems then they solve, and in the aggregate, technology virtually always fails to keep up with the unintended consequences it generates. The more we’re able to do, the more net damage we do. He observes […]

Britons Urged to Leave Niger Delta Amid Kidnap Fears

Britain has advised its nationals in the Niger Delta area of Nigeria to get out due to the worsening security situation and repeated kidnappings. “We advise that the security situation in Bayelsa, Delta and Rivers states makes them unsafe for British nationals. We therefore advise British nationals to leave,” the Foreign Office said. “If you […]

The coming collapse of the US dollar

Obviously, what aids and sustains the US dollar is a ’suspended sense of disbelief’ amongst countries about the value of US dollar. Yet, common sense tells us that the excess supply will obviously result in a fall in the value of any product. The US dollar is no exception. Late Iraqi leader Saddam Hussein was […]

China to Block Ethanol Production

China is putting a moratorium on projects to make ethanol from corn and other food crops, telling producers to switch to crops not widely eaten in China, such as sorghum, a state news agency reported Monday. China is promoting ethanol in an effort to reduce reliance on imported oil but worries that demand for raw […]

Turkey not done with the Kurds

Despite the Turkish military becoming more aggressive in its push to be allowed to pursue Kurdish insurgents operating in Iraq, both the military and the government know that consolidating political power in Ankara is the overriding priority. There is always the danger, though, that the momentum of events on the ground will overtake the politiciansAsiaTimes

Some say gas prices not high enough

Seventeen Democratic governors, including Gov. Ted Strickland, recently sent a letter to President Bush calling on him to work with Congress to lower gas prices, which climbed above $3.20 a gallon for regular unleaded recently in Ohio. While political leaders strive to placate constituents forking over more of their income at the pump, thereZanesvilleTimesRecorder

Battle Over Bush Oil Law Proposal

The threat of violence is of course a major concern for Iraqis, but so too is how to handle the country’s oil resources. The Bush administration claims its plan to privatize production is the best way to rebuild Iraq’s infrastructure. But representatives from Iraq’s oil industry say the plan gives too much control to foreign […]

Oil slip: India on slippery track?

India, which imports two-thirds of its crude oil requirements to meet domestic demand, faces a big challenge in coping with oil shocks and supply disruptions. Crude oil is already heading north and trading above $71 per barrel. Fears of an attack on Iran by the US or Israel and reports of Turkish troops entering Iraq […]

Korea grows more dependent on Gulf oil

South Korea has grown more dependent on the Gulf states for oil imports over the last decade despite its bid to diversify, according to a US Department of Energy report. Seventy-five percent of the country’s imports last year came from the Gulf region, with Saudi Arabia the single-largest source by supplying 29% of South Korea’s […]

Saudi maintains Asia oil supply curbs for July

Top oil exporter Saudi Arabia told Asian lifters to expect the same crude volume for July as they have been getting since April, showing no signs of boosting production to soften prices near $70 a barrel. Saudi Arabia will supply crude oil to Japan and South Korea at about 9,5-10,0% below contracted volumes in July, […]

Iranian oil minister says OPEC has no immediate plan to release more oil

Oil prices rose Monday after Iran’s oil minister said OPEC has no plans to release more oil into the market ahead of its next policy meeting in September. Iranian Minister of Petroleum Kazem Vaziri Hamaneh told reporters on the sidelines of a regional oil and gas conference in Kuala Lumpur that there is adequate crude […]

EU: Ministers place transport in the eye of climate-change storm

The transport sector, with its significant contribution to greenhouse-gas emissions and ever-increasing growth rates, is going to feel the heat of EU regulation, European transport ministers pledged at a meeting on 8 June.With growth rates expected to soar to around 50% between 2000 and 2020 for freight alone, the transport sector – up to now […]

Ikea shines low-energy light on environmental concerns

How many Ikea employees does it take to change a light bulb? Nearly 10,000, but the light bulbs will have to be low energy and supplied free of charge. As part of its strategy to improve its environmental credentials, the Swedish furnishing group plans to give each of its 9,600 British employees six low-energy light […]

Sizzling weather challenges Beijing’s energy-saving goals

Beijing’s power supply network is groaning under the strain this week as more families and businesses are forced to switch on the air conditioners in the early summer heat. The city’s peak electricity demand hit 10.51 million kilowatts at 3:50 p.m. on Friday, the highest so far this year, said sources with the Beijing Electric […]

IBM Planning to Combat Data Center Energy Crisis

IBM announced it is redirecting $1 billion per year across its businesses, mobilizing the company’s resources to dramatically increase the level of energy efficiency in IT. The plan includes new products and services for IBM and its clients to sharply reduce data center energy consumption, transforming the world’s business and public technology infrastructures into “green” […]

China: Balance food supply and bio-energy

According to information released Saturday from a high-level energy conference in Beijing, the central government has already decided to halt approval of any new facilities to convert corn into ethanol, a bio-fuel substitute for gasoline. Instead, the country will concentrate on bio-energy technologies based on non-grain materials that do not compete with food. If that […]

Kuwait: Oil sector essential to avert power cuts

Kuwait’s Ministry of Oil stressed on Sunday the significant role by the oil sector for apportioning electricity consumption in the country so as to avert power cuts during the summer.The oil sector team, formed by the executive committee for apportioning electricity and water consumption at the state institutions held a meeting today chaired by member […]

It takes more than oil to lubricate the Russian economy

But on this analysis growth prospects are not encouraging. You can only use up spare resources until the unused stock has been used up. Russia may already be close to this point. At the same time, higher oil prices can only bring higher incomes while prices are rising. When they have stopped rising, further growth […]

Peak oil means inevitably higher prices

The decline in oil extraction is inevitable. Oil discoveries for the world peaked in 1966 at about 56 billion barrels per year and now we are lucky if the discoveries are 5 billion to 10 billion barrels per year. We cannot extract oil from the Earth if it has not been discovered. Even worse is […]

Malaysia defends palm oil production

Malaysia, one of the world telegraph

Gazprom close to signing deal that will increase its UK customer base

Gazprom is closing in on a deal to boost its market presence in Britain, according to the Russian gas giant’s deputy chief executive. Alexander Medvedev told reporters at an economic forum in St Petersburg: “In the near future there will a deal to further increase the customer base on the British market. Anyone who will […]

Milk price soars as drought hits dairy industry

The price of milk is soaring worldwide as a drought-stricken dairy industry struggles to meet surging demand for milk products in China and the Middle East. A doubling in the price of wholesale milk over the past year is creating havoc among food manufacturers, prompting warnings about food price inflation in the UK. Aid organisations […]

The wrath of 2007: America’s great drought

America is facing its worst summer drought since the Dust Bowl years of the Great Depression. Or perhaps worse still. From the mountains and desert of the West, now into an eighth consecutive dry year, to the wheat farms of Alabama, where crops are failing because of rainfall levels 12 inches lower than usual, to […]

Tories to press for Iraq inquiry [UK]

The Conservatives are set to use a Commons debate to call for an immediate inquiry into the war in Iraq. Shadow foreign secretary William Hague will push for a hearing by senior politicians, with powers to summon officials and military commanders. The government is expected to reject the call, but correspondents say it may cause […]

Grim Future For Europe’s Seas Predicted

On the eve of World Oceans Day, a group of over 100 scientists from 15 countries has revealed new evidence for the declining state of Europe’s 4 regional seas. Their models developed during a sciencedaily

Why is peak oil politically incorrect?

But climate change and fossil fuels are not in competition with each other: they are two sides of the same coin. Most of the solutions proposed to fight global warming, higher efficiency, renewable energy, etc. are also solutions for the problem of fossil fuel depletion. But that is not always the case; for instance switching […]

The official story: A lesson in how to undermine it

If this is the case, how come the peak oil story and the many warnings about such responses to our energy challenges aren’t center stage in the American consciousness? There are plenty of reasons, but I propose to discuss what I think is a critical one: The peak oil movement has been focused mainly on […]

U.S. energy’s future presents a powerful challenge

President Bush’s 2005 Energy Act authorized the U.S. Department of Energy to designate special corridors where there was energy congestion, where the federal government’s siting laws for transmission lines could supersede those of states. It is with this in mind that the Energy Department issued two draft National Interest Electric Transmission Corridor designations, in accordance […]

Russia favors strategic dialogue between energy suppliers, consumers

Russian President Vladimir Putin said on Sunday that Russia, as a guarantor of energy supply to the world market, favors strategic dialogue between energy suppliers and consumers. “Presently, we can see the emergence of not only new major consumers such as China and India, but also new producers on the Eurasian landmass,” Putin told a […]

A really big oil proposal

Instead, I lay on the table a modest proposal: Put the government into the oil business. This is not as radical as it might sound kansascity

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