We still haven’t found what we’re looking for

The G8’s assumption is that the global economy’s fundamentals are sound and that explains why rising energy prices have not led to a repeat of the recessions of the 1970s and 1980s. It may be right. It is possible that the good times will continue to roll and that future summits will have the freedom […]

CNBC’s Yergin: Russia Attracting More Western Companies

The Putin Administration continues to be intent on revising to one degree or another the oil and gas deals that were done in the middle 1990s. The actual rewriting varies from one deal to the next. So you don’t see the same kind of enthusiasm in energy that is evident in other sectors. There’s a […]

Wind-power industry sees a future with 20 percent market share

The wind-energy business in 2006 booked its second year of record growth, and executives are pushing the industry faithful to think bigger. Much bigger. By 2030, they want wind farms to supply 20 percent of the nation’s energy chron

Once-hyped fuel cells are just getting started

Also, the next time a storm or other disaster short-circuits the grid power going to your local cellphone tower, fuel-cell backup power could keep you connected thanks to unhappy lessons learned during disasters such as Hurricane Katrina in 2005. Traditional lead-acid battery backup devices ran out of juice several hours after the storm, disrupting first-responder […]

Biofuels or Bio-fools?

Vinod Khosla, a Silicon Valley legend, is leading the venture capital rush into replacements for gasoline: biofuels made from corn and rougher stuff like switchgrass. But if prices fall and political subsidies vanish, the bubble may burst. On September 21, 1901, in the small town of Jennings, a group of men working for W. Scott […]

Top scientist says biofuels are scam

THE governmentClift, professor of environmental technology at Surrey University, sits on the scientific advisory council of Defra, David Miliband

Is carbon offsetting the solution? (Or part of the problem?)

We burn fossil fuel in the developed world – and plant much-needed trees in Africa to ‘off set’ our emissions. It sounds like a win-win situation. But is it? …To its critics, offsetting is no more than a clever accounting trick, a seductive and possibly counter-productive ruse to convince consumers they can get something for […]

The Oil Drum: The Human Cost of Cyclone Gonu

Today, I wanted to bring to your attention the human cost of Cyclone Gonu on Oman. The area has been getting very little coverage, but from what I can tell, this was quite a tragedy.Much more after the jump to The Oil Drum.

Full fields, empty tanks

Diesel shortage could hinder wheat harvest Forget about high fuel prices. As harvest nears in western Kansas, the bigger concern is fuel supply. “I’m telling our producers to get their tanks full,” said Pat Peterson, general manager of the United Plains Ag cooperative in Sharon Springs. “Supply is more important than price.” A shortage of […]

A CRUDE AWAKENING: THE OIL CRASH

Remember that scene in “Serenity” when Mal asks Wash to clarify how their ship’s landing might get “interesting” and Wash replied, “Oh god, oh god, we’re all gonna die?” That’s kind of the feeling one gets after watching “A Crude Awakening: The Oil Crash,” Basil Gelpke and Ray McCormack’s documentary on our dependence on oil […]

Changes by the barrelful

…The market is vulnerable right now because prices remain high, historically speaking, and demand shows no sign of abating, even with the recent surge in prices. “Three dollars didn’t even faze our drivers,” said Eric Bollinger, who’s been a Nymex trader for 20 years. “We’re constantly chasing our tail on this thing.” If that sounds […]

Drivers’ Strike: How The Government Made New Enemies

MALDIVES – Male drivers went on strike for three days last week in protest at the rising cost of fuel. For three days they peacefully occupied a platform in a constant vigil. The government responded by demonising strikers and refusing to negotiate with them. Eventually police broke the strike with the arrest of eleven drivers […]

Saudi Arabia: An ally we cannot afford to lose

…Saudi Arabia is such a key country. Strategically, it not only straddles Africa and the Middle East but it is also an important neighbour of two of the major problem countries in the region – Iraq and Iran. Saudi Arabia’s importance to the oil market, with one quarter of the world’s oil reserves, speaks for […]

Swan Song for the Democrats for Supporting the Iraq War

…As long as the Dems continue to trick people into believing that they represent substantive change Reform isn’t even part of the Democrat’s agenda.They are mainly focused on enriching their corporate donors, facilitating free trade, and chasing shadowy Islamic groups through Central Asia and the Middle East. Real reform would restore progressive taxation by reinstating […]

Going underground for a greenhouse gas solution

DAYTON Their goal: to find even the slightest hint that the carbon dioxide they injected 4,000 feet underground two years ago had made it to the surface at the heavily wooded site near the Trinity River. Known as the Frio Brine Project, the site is on the leading edge of Department of Energy-funded studies looking […]

Senators to begin work on energy measure

Senate to begin work on measure seeking efficiency in everything from cars to dishwashers WASHINGTON “Poll after poll shows that after Iraq, energy is at the top of Americans’ concerns,” noted Bill Wicker, a spokeman for Senate Energy and Natural Resources Committee Chairman Jeff Bingaman, D-N.M. “There’s a tremendous hunger out there to get something […]

Oil prices may hit $80 a barrel: Iran report

TEHRAN (Reuters) – Oil prices could surge to $80 a barrel this year because of tropical storms, rising demand for gasoline and disruptions in crude supplies from Nigeria, a senior Iranian oil official said on Sunday. “The $80 price is a maximum forecast for oil in the current year but the average price of oil […]

Ethanol’s Bitter Taste

…Corn ethanol seemed unstoppable, but a remarkable thing happened on the road from Des Moines. Just as the smart people warned, the government’s decision to play energy market God and forcibly divert huge amounts of corn stocks into ethanol has played havoc with key sectors of the economy. Corn prices have nearly doubled, which means […]

Roger Bezdek on peak oil, global warming and Australia

Dr. Roger Bezdek, president of Management Information Systems Inc. and co-author of the Hirsch report and its follow up, talks with GPM’s Australian correspondent Andi Hazelwood about the Hirsch report 2 and a half years on, peak oil, global warming and his upcoming Australian speaking tour. Podcast and streaming audio: Global Public Media

The Myths of Biofuels

Jason Bradford discusses “The Myths of Biofuels” – specifically liquid biofuels geared towards transportation – with Lawrence-Berkeley National Laboratory staff scientist David Fridley. The Reality Report is broadcast on KZYX&Z in Mendocino County, CA. David Fridley is part of Lawrence-Berkeley’s Energy Analysis Program, Environmental Energies Technology Division. The EAP generates and interprets information to inform […]

Pakistan: Teargassing by police as riots continue

While a large part of the city was severely crippled by an acute electricity outage on Saturday, people in at least two major commercial areas staged violent protests against the power crisis. The protestors in main Saddar and Clifton areas, consisting mainly of traders and shopkeepers, vented their anger and resentment against prolonged power breakdowns […]

The Great Biofuel Hoax

Touted by Politicians and Industry, “Green” Energy Comes with a High Price TagBiofuels invoke an image of renewable abundance that allows industry, politicians, the World Bank, the United Nations and even the Intergovernmental Panel on Climate Change to present fuel from corn, sugarcane, soy and other crops as a replacement for oil that will bring […]

Kuwait to probe rise in oil production cost

A parliamentary committee has asked Kuwait’s Audit Bureau to investigate why the cost of oil production has tripled over the past six fiscal years, the head of the committee said Saturday. “We have asked the bureau to prepare a report on the causes of the steep rise of the production cost and elements included in […]

Oil shale — Colorado, Utah deposits rival OPEC reserve

Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined. That’s not science fiction. Trapped in limestone up to 200 feet thick in the two Rocky Mountain states is enough so-called shale oil to rival OPEC and supply the […]

Russia’s oil, gas resources sufficient to meet growing global demand – Total

Russia’s resources of hydrocarbons are large enough to meet the world’s growing demand for oil and gas in 2007 to 2020, Christophe de Margerie, Total SA’s head, said at the 11th International Economic Forum in St.Petersburg. “We expect demand for gas to increase further in 2007-2020, which could lead to gas shortages by 2020. Russia […]

Oil race at top of the world

As Russia pursues claim to huge Arctic reserves, U.S. is sidelinedA new Klondike may be waiting at the top of the world, where geologists believe a quarter of the globe’s undiscovered oil and natural gas lies trapped within the rock strata underneath the ice-encased Arctic Ocean. It’s a trove of energy wealth that sits unowned […]

China May Halt Coal-to-Oil Projects

China is considering halting efforts to make oil from coal due to concerns about the expense and energy demands, a state news agency on Sunday quoted an official as saying. China is hoping to ease its rising dependence on imported oil by promoting alternative energy sources such as oil-from-coal and solar, wind and nuclear power. […]

Cyber warming: PCs produce same CO2 emissions as airlines

Ministers will this week embark on a campaign to curb “cyber-warming” from computers and information technology equipment that now does as much damage to the climate as aircraft emissions. Meanwhile, the Health Protection Agency is to start measuring levels of radiation from Wi-Fi systems in response to mounting concerns. The two initiatives will mark the […]

Challenge is how to include China and India

The challenge facing G8 nations in the next six months is how to involve China, India and other major developing countries in the United Nations effort to curb global warming, the UN’s top official on climate change has said. Yvo de Boer, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), described […]

Tim Yeo: Remember Neville Chamberlain. And don’t forget Kyoto

Tony Blair and Angela Merkel put a brave face on the G8 summit, but the truth is that the world is more likely to experience dangerous climate change than it was a week ago. Even rose-tinted spectacles cannot conceal the fact that the outcome falls woefully short of what is needed. Far from being a […]

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