NAFTA Kicked Up A Notch

…Instead, the SPP has three fundamental objectives. The Bush administration wants to create more advantageous conditions for transnational corporations and remove remaining barriers to the flow of capital and crossborder production within the framework of NAFTA. It wants to secure access to natural resources in the other two countries, especially oil. And it wants to […]

A Smarter Way To Use Power

Giving Connecticut consumers the power to take advantage oflower, off-peak rates will lead to the more prudent use of electricity. The legislature took a positive step in approving an energy bill that addresses the problem of high electric costs in the state by taking advantage of new technologies that can drive down consumption during critical […]

High gas prices hurt nonprofits

Kay Clapper lives on $1,002 in Social Security a month. So when gas prices push toward the four dollar mark, the 73-year-old Battle Creek resident starts to panic. Clapper

In Oil Producers’ Brave New World, a Key Word Is ‘Partnerships’

In Venezuela, President Hugo Chavez is threatening to snatch control of several major projects from American and European firms. In Russia, the government recently strong-armed Royal Dutch Shell into relinquishing control of a large field called Sakhalin II. In developed countries, home to the six so-called “supermajor” oil producers, politicians have debated imposing windfall profits […]

Self-interest will do more than all the low-energy light bulbs in the world

Only when rising prices and supply fears force the top 10 polluters to conserve fuel will progress really be made The wind has shifted direction. The acknowledgement last week by President Bush that the world needed a new treaty to curb carbon emissions, and that the US would support this, is an important back-cloth to […]

Nigerian militants vow to halt attacks

LAGOS, Nigeria – The main militant group responsible for attacks on foreign oil installations in Nigeria’s lawless south announced a one-month cease-fire Saturday, giving the new president a chance to resolve the crisis that has helped cause global crude prices to spike. The Movement for the Emancipation of the Niger Delta did not offer to […]

The Oil Drum: Wind power: some lessons from 2006

The Department of Energy’s Energy Efficiency and Renewable Energy (EERE) center has published its Annual Report on U.S. Wind Power Installation, Cost, and Performance Trends: 2006…I’ve cherry-picked a few tidbits of information that underline what are in my view interesting lessons from last year for the wind power sector.Much more after the jump to The […]

Russia bullies BP – U.S. motorist, take note

How the aggressive behavior of the world’s second largest exporter could drive prices higher for everyone. NEW YORK (CNNMoney.com) — Russia is again flexing its energy muscle. On Friday, reports said Russia may cancel a contract it has with BP to develop a huge natural gas field in the middle of the country, claiming BP […]

Longtime oilman reflects on evolution of industry, Basin

…We hear much about the development and use of alternative fuels in the U.S. Will these sources replace oil and gas? What is your take on this? My answer is doubtful. It will probably be years before alternative energy sources are able to compete with oil and gas. Ethanol as a fuel has received a […]

With Korea as Model, U.S. Ponders Long Role in Iraq

…In a Democratic-controlled Congress, which continues to press for a troop withdrawal deadline, talk of permanent bases is not welcome, though many Democrats acknowledge that the United States cannot simply leave Iraq in chaos. Nor is the idea popular in the Middle East, though some countries are desperate for a strategic counterweight to Iran And […]

Blame coal: Texas leads in carbon emissions

States differ widely The biggest reason? The burning of high-carbon coal to produce cheap electricity. ● Wyoming

JFK arrests raise issue of pipeline vulnerability

NEW YORK – A foiled plot to blow up a jet fuel pipeline under John F. Kennedy International Airport drew attention to what counterterrorism experts have warned could be a key target. On Saturday, three men, one of them a former member of Guyana It was the first threat against Buckeye Pipe Line Co., which […]

Iraq

PERHAPS no fact is more revealing about Iraq It is a word unique to Iraq, my friend Razzaq explained over tea one afternoon on my final tour. Throughout Iraq

Global warming ‘is three times faster than worst predictions’

Global warming is accelerating three times more quickly than feared, a series of startling, authoritative studies has revealed. They have found that emissions of carbon dioxide have been rising at thrice the rate in the 1990s. The Arctic ice cap is melting three times as fast – and the seas are rising twice as rapidly […]

Opec still has us over a barrel

…Is Opec, dominated by the Arab oil states, being greedy? Yes. I wish I could say they would suffer for it. But as long as the world economy is strong, evidence of I would still argue, based on the history, that this is too high and that at some stage, as has always happened in […]

Greener by miles

Conscientious consumers are being urged to buy locally sourced food in the battle against climate change. But, as Richard Gray discovers, produce from the other side of the world can actually have a smaller carbon footprint. Take a look in the average supermarket trolley and the food there will probably have traveled farther than most […]

Biofuel gangs kill for green profits

HE survived decades of ColombiaYet the trend has already had disastrous consequences for tens of thousands of peasants in rural Colombia. A surge in demand for biofuels derived from agricultural products has unleashed a chaotic land grab by a new breed of gangster entrepreneurs hoping to cash in on the world

Fuel prices impact gassing up, cutting back

Rising gas prices have caused some consumers to cut back on their discretionary spending. Cafe patrons are not going for that extra scone with their lattes and shoe lovers are skipping that desired–but not needed extra pair of sandals. The increasing cost of fuel is affecting 74 percent of consumers, according to a recent survey […]

Kenya: Oil prices to remain high, says Shell

Oil prices are expected to remain high despite the recent call by the government call, urging local oil dealers to reduce pump prices. Shell Company Managing Director Patrick Obath yesterday said that oil companies were making marginal prices from the sale of the product due to heavy taxation, making further price reduction non viable. Obath […]

Gas prices lead city to shorten workweek

Adversity often gives birth to innovation. And, just as every family and business struggles with rising fuel costs, the city of Montgomery is experiencing gasoline pains. Mayor Bobby Bright hopes adapting the workweek for some employees will save money and improve productivity. If the 90-day experiment works, city maintenance crews will work four 10-hour days […]

Impact of ethanol starting to hit home

…Pimentel acknowledges he’s in the minority among academics arguing that ethanol won’t help cure the nation’s energy ills: “It takes (43 percent) more energy to produce a gallon of ethanol than you get out of it.” He claims conventional gasoline is more energy-efficient. Roberts said Pimentel’s research is too pessimistic, and shouldn’t include certain input […]

Carter’s Oil Crisis

Of all the errors Jimmy Carter committed, none has earned him more well-justified scorn than his handling of the 1970s energy crisis. True enough, he didn’t cause it. But he did make it much, much worse. It might come as a surprise, but we agree with those who say it’s unfair to tar former President […]

Toyota

Orders for Prius nearly tripled in May DETROIT …But some buyers in May didn

Slam the brakes on gas tax hike

New Jersey has the lowest gasoline prices in the nation and the third lowest state gasoline tax. It’s about the only tax in New Jersey that isn’t the highest, or among the highest, in the country. Gov. Corzine this week hinted that may change. Our hint to the governor: Don’t even think about it. Frustrated […]

Shell Halts Exports of 150,000 bpd Due to Nigerian Unrest

Anglo-Dutch oil giant Royal Dutch Shell PLC has suspended the export of 150,000 barrels per day of crude oil because of community unrest in southern Nigeria, a company spokesman said. “We had to halt production from the Bomu manifold until we are able to resolve our problems with the community,” Precious Okolobo told AFP. He […]

Gump Rules

My, my, my. High gasoline prices sure do have a way of bringing out the stupid in people. I nearly lost track of it all this past week. First, we had a Democratic-sponsored bill in the U.S. Congress that would allow the government to sue OPEC for price manipulation. I just about fell off my […]

The Gas Station of the Future

HARRISON — About 50 people with baseball bats and pipes left several cars damaged and a man with a head injury Thursday at a Harrison gasoline station. Police arrived about 11 p.m. at the Shell station to find a man with his head cut open. Another man was spraying brake cleaner at several people, and […]

Residents struggle to live with mounting energy bills

Karen Parashis has grandchildren graduating in Illinois this month, but she won’t be there to see it. Between high fuel prices and increases in her electric bill, along with vehicle and home insurance, the 66-year-old simply can’t afford to make the trip. “I know it would be at least $200 to go and see all […]

Nigeria: Residents Protest 5-Month Power Outage

OVER 200 residents of Phase II of the Federal Housing Authority (FHA), Lugbe, Abuja yesterday besieged the Lugbe office of the Power Holding Company of Nigeria (PHCN) for the company’s failure to provide them with electricity for the past five months. The aggrieved persons who demanded for the restoration of light to their domain or […]

Ryanair criticised for plan to take on Eurostar with Brussels flights

Ryanair came in for renewed criticism from environmental campaigners yesterday after it launched a route in direct competition with Eurostar. Europe’s largest low-cost carrier reopened its Stansted to Brussels service yesterday, taking on the cross-channel train operator, whose passengers generate a tenth as much carbon dioxide per journey as plane travellers.Greenpeace accused the airline of […]

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