EARTH’S largest ice sheet has till now seemed well able to withstand the effects of climate change, but it may have a hidden weakness. While models predict the air over the East Antarctic ice sheet will remain chilly enough to prevent significant melting for at least a century, a new study suggests that rising sea […]
Today’s animation comes from Mark Fiore with “Innovations In Energy” which takes a poke at all who would keep America dependent on foreign oil. It’s worth watching just for the part where the narrator describes the big automakers as follows: “As Toyota sells over one million Prius hybrids, America’s auto makers combine scare tactics, whining […]
British scientists recently released a report warning that world oil supplies could run out faster than expected. The scientists seem to have been commissioned by the White House to come up with a forecast that justifies U.S. aggressive policies toward oil-exporting countries. However, Russians have no reasons to panic even if the prediction proves correct […]
So there I was yesterday perusing my Wall Street Journal when, at the very bottom of an obscure inside page I spied the following story. Iraq to Seek Chinese Help to Reinvigorate Oil Industry BEIJING The story was ironic on so many levels where do I begin? Smirking Chimp
Food producers worry an expanded ethanol mandate will drive up feed prices. The biofuel industry’s attention turns to the House now that the Senate has finished work on an energy bill that requires dramatic increases in ethanol usage. Senate Republicans blocked approval of a tax package that would create a 50-cent-a-gallon subsidy for ethanol made […]
For the past week or so, I’ve been delving deeply into data on the world’s oil production as part of some special side projects I will announce in the not-too-distant future. What I have found has been, shall we say, less than encouraging. But crucially important information all the same. So today, I’m going to […]
Mexico (Prensa Latina) The tax reform bill recently sent to the Mexican Congress by the Executive has triggered controversy even among those who, though deeming it viable, have found serious limitations in it. The document faced its first hurdle in the Senate, with leader Manlio Fabio Beltrones, from PRI (Institutional Revolutionary) and Carlos Navarrete, from […]
In August 2006 the oil price, West Texas Intermediate, reached an all time high of around $80 per barrel. This rally had been driven by the war between Israel and Lebanon in June and July. Also, the hurricane season had put upward pressure on oil prices. When the conflict ended and peace returned, the oil […]
DUBAI/LONDON: Cement makers in the United Arab Emirates are turning to imported coal to fire their furnaces as gas is scarce and the petrodollar-fuelled building boom shows no signs of letting up. That is likely to drive world coal prices higher still, producers and traders say. Home to the world While the UAE has bought […]
PG&E pipeline in delta offers insurance against disaster for company, customers McDonald Island, San Joaquin County — On this crop-covered island in the sweltering delta, Pacific Gas and Electric Co. is building a $56.9 million insurance policy. The utility is stringing a second pipeline beneath the cornfields and river channels to make sure that a […]
President says several major companies reject terms for nationalizing project as deadline nears. CARACAS, Venezuela (Reuters) — Some major oil companies have rejected Venezuela’s terms for the takeover of their multi-billion dollar projects and can leave the OPEC nation, President Hugo Chavez said Friday, days before a deadline for them to strike nationalization deals. Exxon […]
Washington is finally tackling fuel-economy reform. But any payoff is years away. How best to save money on gas right now? The answer may surprise you. After two decades of gas mileage running in reverse in America, the Senate finally passed legislation Thursday to boost fuel economy to 35 miles per gallon by 2020, up […]
IRELAND – This impressive boat has been hauled up in Ulster – because it is too expensive to run. The HSS Discovery has been in dry dock at Harland and Wolff in Belfast for the past five months – despite being just 10 years old. The boat is currently up for sale, but finding a […]
Some waited hours for fuel Friday after a weeklong shortage SOUTH DAKOTA – Supply issues had 75 tankers waiting several hours for gasoline, diesel or other fuel Friday morning in Sioux Falls, but an industry marketer said consumer prices won’t be affected. Sioux Falls supplier Magellan Midstream was out of supply last week, but after […]
BAGHDAD – Iraqi officials said Friday that a U.S.-backed draft oil law will soon be returned to the Cabinet for approval after Kurds agreed to a compromise revenue-sharing measure. But they said many key sticking points remain unresolved Kurds, who have big reserves and active fields in the north of the country, balked at previous […]
Sir Richard Branson’s biofuel company car, used to highlight his green credentials, is being run on unleaded petrol. Virgin admitted yesterday that the The car is symbolic of the airline boss’s new search for environmentally friendly transport. He took delivery in November shortly after announcing that Virgin would invest
Food industry R&D executives will be meeting in Chicago next month to examine the impact of increased biofuel demand on their business, in an effort to anticipate challenges resulting from a fundamental shift in supply chain dynamics. Organized by the American Association of Cereal Chemists International (AACCI), the symposium and workshop will examine the projected […]
The Minority Caucus in Parliament yesterday rebuffed the Energy Minister’s attribution of the significant oil find to the decision by this Government to re-focus the Ghana National Petroleum Corporation solely on its core business. Explaining his party”s stand at a press conference in Parliament, Moses Asaga, Minority Spokesperson on Energy, lampooned the oil find as […]
While there are technologies that are being used today to produce energy from oil shale, most notably in Estonia, where it is used primarily for electrical production just by burning the stuff like coal, there are no commercial scale shale oil production operations. Like so many alternative energy technologies, there are pilot projects, which are […]
Government has decided to make a strategic oil reserve of five million metric tonne (MMT) at a cost of Rs 2,400 crore to meet the demand of the oil sector and has created a special purpose vehicle (SPV) for the purpose. “An SPV by the name of Indian Strategic Petroleum Reserves Ltd (ISPRL) has been […]
Video interview with James KusntlerThe theory is called peak oil. The world you know could totally change after we hit peak oil. But how? What will life be like? Will it be anything like the lives that we live now. My next guest is the author of a book called the Long Emergency, he knows […]
Inventories in the United States are high because the refinery complex in the country is in such a weak state. Due to bits falling off, explosions, gas leaks and the odd death resourceinvestor
Cities in 36 states are going “green,” mainly by running cars on alternative fuel and installing energy-efficient streetlights and traffic signals, says a survey by the U.S. Conference of Mayors out today. Less than half, though, have taken tougher steps to require energy-efficient homes and businesses. usatoday
Half of all vehicles will run on 85% ethanol by 2015, the new energy bill says. The bill, approved by Senate late Thursday, includes an increase in automobile fuel economy, new laws against energy price-gouging and a requirement for huge increases in the production of ethanol. The energy bill includes a 7-fold increase in ethanol […]
The SunPower Tracker tilts up to 25 degrees and delivers up to 30 percent more energy than other fixed-tilt systems, the company said, while reducing required land area and installation cost. insidegreentech
Kjell Aleklett, a perky and persuasive physicist at Uppsala University, talks with characteristic Swedish candour. As president of the Association for the Study of Peak Oil, he jokes that all the big “strawberries” in the world’s oilfields have been thoroughly picked over. (“Peak oil” just means the end of cheap oil.) Fifty years ago, the […]
Below is a list of events, subjects, disasters, worries and crises that have been linked to climate change. It’s called “A complete list of things caused by global warming.” From African devastation to disappearing cod and on to increasing melanoma and the rise of yellow fever, it’s all a result of climate change. Each item […]
I have just updated my sidebar links to video websites relavent to green lifestyle and low carbon futures. Please check them out. climatechangeaction
IT HAS been described as the “greatest untapped source of energy Scotland has ever had”, capable of generating enough electricity for every home and business in the country several times over. But while the Pentland Firth has been too deep and too dangerous to exploit, the race is now on to develop machines that will […]
A British technology firm has showcased a vehicle it hopes will be the future of green motoring — a car literally driven by its wheels. The hybrid car is powered by four independent electric motors actually inside each wheel. CNN
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available