Qatar imports diesel to meet rising demand

Doha The vehicle population in the country rose considerably last year to around 500,000, some half the number of them using diesel, Woqod

High Gas Prices: The Road Ahead

Should we try to lower costs, or learn to live with them? When fuel prices soared in the 1970s, both Democrats and Republicans embraced government intervention in the energy markets. But many of the measures they tried–including shortage-inducing price controls and the taxpayer-funded synfuel boondoggle–turned into disasters. The result: Lawmakers adopted a more or less […]

Cartels: Myths and Realities

For a moment, the “C” word seemed to dominate news, following the announcement that Qatar was hosting a meeting of gas producing countries to explore pricing coordination and future strategy. Qatar quickly denied that the meeting was to establish another energy cartel, but the issue of energy cartels, their power and effect on consumers, set […]

Bypassing the Malacca Strait

Since the 1970s, various plans have been proposed to by-pass the Malacca and Singapore straits by cutting a canal or building oil pipelines through the relatively narrow neck of Thai or Malaysian land that separates the northern entrance of the busy waterway from the South China Sea. None of these projects has advanced beyond the […]

Why Gas Prices Will Stay High

You have to give Lynn Westfall credit. Not only is the chief economist for Tesoro (TSO) willing to talk to reporters as gasoline prices shoot up to a record of more than $3.20 a gallon, he even stopped by BusinessWeek’s Los Angeles offices recently to discuss why prices are so high with Senior Correspondent Christopher […]

How Do Gas Prices Affect Consumers?

Gasoline prices have been on the rise for the past three years and 2007 seem to be on a track to beat last year as the highest on record. We looked into our data at Compete to see how high gas prices are affecting consumers. We compared the monthly people count from websites GasBuddy.com and […]

900 miles per gallon

What if I told you I had invented a vehicle that ran on organic vegetables, got the equivalent of over 900 miles per gallon, was completely carbon neutral, and produced no toxic by products. Would you want one? What if I told you I got the price of this vehicle down to under $500 dollars? […]

Sudan: Energy profile

Sudan is developing its significant hydrocarbon resources. The countrySpero

The collapse of Chavez

In 2004, from Bahia to Rio, from Aberdeen to London, from Paris to Washington, the top management of Petroleos de Venezuela, PDVSA, and the then Minister of Energy and Petroleum, Ali Rodriguez, went before worldwide audiences to explain and sing the praises of the companyPetroleumworld

Iran says drivers will need cards to buy fuel

Iranian drivers will from Saturday only be able to buy gasoline using electronic cards, a system being introduced as part of plans to ration fuel and cut surging consumption, Iran’s official news agency reported. But the report on IRNA on Sunday did not mention when rationing in the No. 2 OPEC oil producer would start […]

The Clusterfuck Nation Chronicle

CNN is frantically advertising a set of “live” debates between the presidential candidates this week — Democrats Sunday and Republicans Tuesday, with loads of “color commentary” before and after. This big media show is being staged in New Hampshire, whose once-significant early primary election has been reduced — like so much else in our national […]

Turkish threat echoes across Iraq

In a bid to shore up failing support, embattled Iraqi Prime Minister Nuri al-Maliki has given his full backing to the country’s Kurds in a potentially disastrous confrontation with Turkey, whose troops are massed on the border. On the regional front, the move could be political suicide, as Iran and Syria, key players in resolving […]

BP may sink $30bn in Libya

BP could spend as much as $US25 billion ($30 billion) developing oil and gas fields in Libya after clinching a deal to return to the country after more than 30 years. theaustralian

Middle East oil companies lead the way on resources

Some country’s face declining production, less as a result of lack of reserves, but more due to the growing challenges of bringing yet untapped reserves on stream. While some national oil companies, such as Qatar Petroleum (rated Aa3) have already developed long-standing partnerships with international peers, others remain more isolated. At the same time, international […]

Peak oil: A detailed and transparent analysis

Industry professionals and studious observers, through the Association for the Study of Peak Oil (ASPO) and other networks, have made a remarkable contribution to the dialogue concerning future oil production. They continue to provide detailed analysis, using all of the data available to them, and present a compelling argument for a near-term peak in global […]

Widespread Acceptance of Alternative Fuel Vehicles Will Require Decades of Subsi

A study by MIT researchers concludes that marketing programs and subsidies will need to be in place for decades in order for the adoption and long-term market penetration of alternative fuel vehicles to become significant and self-sustaining. greencarcongress

Global warming or not, ocean is rising over Pacific islands

MAJURO, Marshall Islands (AP): The people of the Central Pacific do not need science to understand one possible effect of global warming. These Micronesians, whose islands spread from near the Philippines on the west to five hours from Hawaii on the east, require no charts or graphs to know that rising ocean water is a […]

Dutch Plan Extra Tax for Gas-Guzzling Cars

The Dutch government plans to levy an extra tax on cars to help fight climate change that could run into thousands of euros for the most heavily polluting vehicles. Cars that exceed a threshold level of carbon dioxide emissions would be taxed by an extra 80 euros to 90 euros (US$108 to $121) for each […]

Australia: Biofuel industry doubts

Promoting a biofuel industry makes little economic or environmental sense unless agriculture expands in the tropical north, a farming think-tank says. The latest issue of the Australian Farm Institute’s Farm Policy Journal says governments should invest in technology that can make biofuel from cellulose in the leaves and stalks of crops, otherwise crops will have […]

Biofuel boom creates rapeseed demand in Argentina

Yellow fields of flowering rapeseed are a rare sight in Argentina, but strong global demand for biofuels is tempting more farmers to experiment with the oil-seed, especially as an alternative to wheat. Farmers are expected to plant less wheat this year, partly due to government intervention in the market aimed at stemming rising food prices. […]

Gazprom May Thwart Putin Drive for Russian Energy Dominance

In Gazprom’s tinted-glass tower in southern Moscow, the company’s managers are wrestling with a raft of issues. Wood Mackenzie Consultants Ltd., an Edinburgh-based firm, says Gazprom’s annual production will grow no more than 1 percent a year until the end of the decade. Gazprom’s three major fields — Medvezhye, Urengoi and Yamburg — are all […]

Britain’s energy policy fails to stack up, says expert panel

The government has failed to provide Britain with a coherent energy strategy, putting future supplies and climate change goals at risk and falling short of what is needed to help the world’s poorest countries adapt to rising temperatures, a top-level panel of experts says today. Lord Patten of Barnes, chair of the Oxford University task […]

China Unveils Program on Global Warming

China promised Monday to better control emissions of greenhouse gases, unveiling a national program to combat global warming, but rejected mandatory caps on emissions as unfair to countries still trying to catch up with the developed West. While the program offered few new concrete targets for reducing emissions of the greenhouse gases that are believed […]

Russian chill cast doubts over new oil investment

A frostier climate for private investors in Russia, holder of the world’s largest natural gas reserves, is likely to stop oil firms from pressing ahead with new projects there. BP’s Russian venture is facing the loss of the licence for the Kovykta gas field. The move follows Kremlin pressure on projects involving companies like Royal […]

Energy Independent

Maverick oilman Boone Pickens talks about fuel prices and his love for philanthropy. …His research convinces him that the price of oil will average close to $70 a barrel this year: “You’ll not see oil below $50 again except for very short spikes.” The basic reason is that the difference between the world’s daily production […]

US hits back over climate allegations

The United States has hit back angrily at allegations from the European Union that President Bush’s new climate change initiative was unambitious without mandatory emissions reductions. Stavros Dimas, the European Environment Commissioner, gave a cool reception to Mr Bush’s announcement that he would support the agreement of a new post-Kyoto agreement on climate change before […]

Blair calls for climate change action

Tony Blair told leaders attending the G8 in Germany that time was slipping away for a deal on climate change, warning: “Now is the time to act.” The Prime Minister said he remained “hopeful of progress” at the G8 but senior British sources fear the call by President Bush to hold a separate conference in […]

Carbon map of Britain

The first carbon emissions map of Britain is released today to show which parts of the country are responsible for pumping out the most pollution. The map and a table listing the emissions of more than 30 towns and cities were put together by the Carbon Trust to encourage homes and businesses to cut their […]

The new cold war: Russia’s missiles to target Europe

President Vladimir Putin yesterday declared that a new arms race and cold war with the west had begun and announced that Russia would retaliate against US missile defence plans in Europe by pointing its missiles at European cities. In a hawkish speech that sets the stage for a frosty G8 summit this week, Mr Putin […]

Some in area opt to roll with single vehicle

If car’s in use, they bike, walk, or take a bus In today’s world of the three-car garage and the drive-through espresso shop, the notion of getting around Toledo as a one-vehicle family can seem quaint and impractical. Few shopping venues are within walking distance of each other and often involve a trip on an […]

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