‘Missile Defense Shield’ and other imperial misnomers

American President George W. Bush used his platform at the G8 summit to continue spreading the paranoia of fearing states like Iran and North Korea, as they are bent on bringing death and destruction to the world and pose a grave threat to international security. In speech after speech, countering Russian objections to the so-called […]

EU and Turkey focus on energy cooperation

The European Union and Turkey are spotlighting their strategic energy cooperation in a bid to keep the lights on in Ankara’s troubled bid for EU membership. They staged a conference last week to underline the candidate state’s growing importance as an energy bridge between Europe, the Middle East and the Caspian basin. gulfnews

California’s power play: Is renewable energy enough?

But first, the renewable energy has to be available as an option. California Energy Commission member John Geesman has been warning about the availability of renewable energy for months, saying there might not be enough available for the utilities to meet a law that requires them to provide 20 percent of the power they sell […]

Fortune hunters eye Western Sahara oil riches

Following pressure from the UN and pro-Sahrawi activists, most serious oil companies pulled out of Moroccan-occupied Western Sahara. But now, a new group of fortune hunters is eying great financial opportunities in the probably oil-rich territory, ignoring international law. Investors from Ireland, Saudi Arabia, South Africa, the US and Sweden hide behind a jungle of […]

Iran threatens Gulf blitz if US hits nuclear plants

IRAN has threatened to launch a missile blitz against the Gulf states and plunge the entire Middle East into war if America attacks its nuclear facilities. Admiral Ali Shamkhani, a senior defence adviser to the supreme leader, Ayatollah Ali Khamenei, warned that Gulf states providing the US with military cooperation would be the key targets […]

OPEC Says Oil Price `Reasonable,’ Won’t Meet Before September

The Organization of Petroleum Exporting Countries said current oil prices are “reasonable” on an inflation-adjusted basis and world crude oil markets are “adequately supplied.” OPEC countries are building spare production capacity — currently between 2.5 million and 3 million barrels a day — as a means of moderating prices over the long term, the group’s […]

Feds OK Wells on Colorado’s Roan Plateau

Federal land managers on Friday authorized up to 1,570 new natural gas wells over the next 20 years on a 3,000-foot-high plateau prized for its energy reserves and its wildland qualities. rigzone

Suncor Energy reports oil sands production numbers for May 2007

Suncor Energy Inc. reported today that production at its oil sands facility during May averaged approximately 270,000 barrels per day (bpd). Year-to-date oil sands production at the end of May averaged approximately 246,000 bpd. Production began to ramp down during the end of May, as the oil sands facility prepared for a 50-day shutdown of […]

CMU: Plug-in Hybrids

A study from the Carnegie Mellon Electricity Industry Center (CEIC) concludes that while enacting policies to subsidize the production of coal-to-liquids transportation fuel would enhance national security by lowering oil imports, encouraging plug-in hybrids powered by coal-generated electricity is a less costly policy that also reduces oil imports and does more to lower greenhouse gas […]

Cyclists peel off clothes to push pedaling, protest pump

LONDON, England (Reuters) — Hundreds of naked cyclists, some sporting strategically-placed body paint, toured the streets of London and other cities around the world Saturday to protest oil dependency and the car culture. Traffic came to a standstill and onlookers gaped or took photographs as the bare cyclists streamed past London’s landmarks, blowing whistles and […]

CUBA: A Light at the End of the Tunnel

HAVANA, Jun 8 (IPS) – The government announcement that electricity supplies in Cuba now exceed demand during the hours of peak consumption was received with a collective sigh of relief by Cubans, who have not forgotten the frequent and lengthy blackouts that occurred, especially during the summertime, two or three years ago. “I don’t even […]

Still afloat, no matter the cost

Boaters not deterred by gas prices PEORIA – Despite rising gas prices, Jim Cook’s boats just keep getting bigger. The Hanna City resident is on his eighth and largest boat, called “Fool’s Fun.” He knows the bigger the boat gets, the more expensive it costs to run, especially with how high gas prices are – […]

Debate on farm bill still rages in different era

When President Franklin Roosevelt signed the first farm policy into law in 1933, he promised it would be a temporary measure. Cotton prices plummeted after the stock market crash. Foreclosures took hundreds of thousands of farms. Droughts and dust storms hurt income and caused an exodus from rural America. However, more than 70 years later, […]

QATAR: Diesel finds way to black market

DOHA These operators, in turn, sell diesel at a higher price to companies and projects which are in dire need of the fuel, the official said. “The only way we can check the black marketing of diesel is by keeping a close track of petrol station employees,” he said. There is a nexus between some […]

GM wants to drive green, but easy on the rules

DETROIT, United States (AFP) – General Motors Corp. chairman Richard Wagoner made a point of telling shareholders at the company’ “Frankly, it’s time to move beyond exclusive reliance on historical regulatory approaches that clearly haven’t solved these critical problems … and move forward to embrace solutions that will yield the results that Americans expect and […]

Water Crisis Hits Baghdad

Some resort to digging wells as the capital Sa’ad, who lives in the al-I’lam neighbourhood, blames the government for the lack of running water, saying that it hasn

Number Cruncher: An Economic Lab On Food Inflation

Why bees are important to your wallet Interest rates around the world are on the rise, in a bid to keep inflation under control. This week alone, we saw the European Central Bank hike, and the U.S. Federal Reserve rule out rate cuts. The Bank of Canada has said interest rates may rise soon too. […]

Argentina president threatens oil companies amid diesel shortage reports

BUENOS AIRES (MarketWatch) — Argentine President Nestor Kirchner has again threatened oil companies with a 1974 “supply law” that allows the government to fine companies for allegedly failing to supply the market. Kirchner’s warning, delivered at a provincial public works ceremony Thursday, comes amid complaints by farm groups that diesel shortages have slowed the planting […]

It never rains, but pours for the people of Zimbabwe

In my opinion, the poor, as we know, will always be with us

Running on Empty On a Road to Nowhere

An Alaskan village asks a scary question: What happens when oil is too expensive to use? When Genevieve Norris was born 59 years ago in this remote Eskimo village, hunters used dog sleds to pursue caribou and moose. Wood stoves kept out the cold during the long, dark winters. Then Shungnak entered the petroleum age, […]

Power riots: the saga continues

KARACHI – PAKISTAN: Protests against power outages continued Friday, and demonstrations were held in many areas against eight-hour-long load shedding cycles. It has been a week since long spells of load shedding and the resultant riots first began. The residents of Saddar took to the streets on Friday after a long power breakdown. They burnt […]

Fidel: Reflections on the Real World

… According to Robert Sandels of Cuba-L Analysis news service housed at the University of New Mexico, Cuba Cuba buys only about one-fifth of its food imports from its northern neighbor, turning to suppliers like Canada, Mexico, China, Vietnam, Spain and France for the rest of its needs, up to a total expected to reach […]

Azerbaijan favors anti-missile idea

MOSCOW – Officials in Azerbaijan, a nation with a questionable human rights record and huge oil reserves, on Friday welcomed Moscow’s call to use a Russian-leased radar installation in their country as the cornerstone of a proposed U.S. anti-missile system. Elmar Mammadyarov, Azerbaijan’s foreign minister, said in the capital of Baku that the proposal “can […]

Biofuels, diapers and sails – oh my!

KUEHLUNGSBORN, GERMANY — Cargo ships with kite sails. An underground “diaper” that stores irrigation water. Low-cost solar cells made with “dirty” silicon. A biofuel you can drink made from sawdust, railway ties or dead cows. Ideas like these are coming alive as the planet warms and energy prices rise, propelling the market for green fuels, […]

The growing India-Brazil axis

While their shared ambitions of getting permanent seats on the United Nations Security Council brought India and Brazil together, their common aspirations of becoming global powerhouses has contributed to the two countries joining hands to energize their economies. This was the unambiguous statement that come out of Brazilian President Luiz Inacio Lula da Silva’s three-day […]

Algae Biofuel May Be Future For Aviation

The aviation industry may one day be powered by algae. Manufacturing giant Boeing says that a biodiesel alternative made from algae could be the aircraft biofuel of the future. Last month, in an 8-page document plainly titled “Alternative Fuels for Commercial Aircraft”, Boeing presented their estimation of the alternative fuel sources that could ‘relieve worldwide […]

South Africa: Eskom favours nuclear above renewable energy

Eskom has a budget of R6-billion for nuclear energy, but a mere R4,5-million for renewable energy. This vast difference in South Africa’s energy spending was highlighted at the Renewable Energy and Climate Change conference on Thursday, hosted by the Western Cape’s department of environmental affairs and development planning.The conference also heard that the Department of […]

Qatar and Netherlands strengthen energy ties

The Netherlands, aiming to become a distribution centre for liquefied natural gas, yesterday signed a memorandum with top LNG producer Qatar to strengthen their energy ties, the Dutch economy ministry said. “It’s in line with other policy to intensify relations with gas producing countries. It’s also due to security of supply reasons,” a spokesman for […]

Groups seek answers about oil shale’s impact on water

Environmental groups Thursday demanded that companies hoping to develop Colorado’s oil shale deposits explain how much water the process could consume and how it would affect water quality and supplies. Six green groups, citing a 2006 analysis by a Los Alamos National Laboratory researcher, said the yearly water requirements to produce oil from shale could […]

Peak Oil Passnotes: What Price Energy Security?

If the quest for energy stability is one that the world’s major economies want to pursue, then things are not going well. If you take a second to stand back and look at the countries that produce large quantities of energy then it seems obvious that we are destined to have some major problems. That […]

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