PetroChina Output Climbs 3.7%, Outpacing Exxon, Shell

PetroChina Co., the nation’s biggest oil company, increased first-half production 3.7 percent, surpassing growth at Exxon Mobil Corp. and Royal Dutch Shell Plc as China intensifies efforts to meet energy demand. bloomberg

Global warming reduces water levels in major Chinese rivers, scientists say

Less water flows down China’s two biggest rivers now than 40 years ago because global warming is drying up the wetlands that feed them, a state news agency reported Monday, citing Chinese scientists. iht

Cheney pushes Bush to act on Iran

The balance in the internal White House debate over Iran has shifted back in favour of military action before President George Bush leaves office in 18 months, the Guardian has learned. No decision on military action is expected until next year. In the meantime, the state department will continue to pursue the diplomatic route. guardian

BP gets break on dumping in lake

The massive BP oil refinery in Whiting, Ind., is planning to dump significantly more ammonia and industrial sludge into Lake Michigan, running counter to years of efforts to clean up the Great Lakes. Indiana regulators exempted BP from state environmental laws to clear the way for a $3.8 billion expansion that will allow the company […]

Costs Spiral for LNG Projects

Russia, Iran, and Qatar control the largest natural gas resources in the world Iran is a basket case, and as long as the clinically insane are running the show, the country is unlikely to attract the investments in technology and capital assets it needs to transform its natural gas reserves into a tradable commodity. But […]

Sherry Boschrt Presentation on Plug-In Hybrids

If you go to the web-page below then you can click on either one of the 2 Florida hyperlinks shown to see a video presentation by Sherry Boschert on plug-in hybrids. Don’t miss it it’s free to watch online. This PowerPoint presentation was given in slight variations at the San Francisco Green Festival, the University […]

The Oil Drum: Contribute to the House Energy Bill Discussion

The Ways and Means and Energy and Commerce and Science Committee Energy Bills are the items on the ala carte menu that Speaker Nancy Pelosi, Majority Leader Steny Hoyer, Energy and Commerce Chairman John Dingell, Ways and Means Committee Chairman Rangell and Science Committee Chairman Bart Gordon will be negotiating with — the big missing […]

Is Kuwait Lying About Its Oil Reserves?

Kuwait had a closed door session to discuss its reserves with Parliament before reaffirming the country’s proven oil reserves at 100 billion barrels. As Xinhua points out, this is a odd and troubling set of events. Parliament had refused to pass the budget, which shows a large deficit, unless the oil ministry came clean with […]

North Dakota gas retailers lack answer for high prices

Bismarck Three refineries in the region are either shut down or running at limited capacity due to bad weather. On Friday, North Dakota gasoline prices were ranked the sixth highest among the states at an average of $3.266 a gallon for regular unleaded, AAA

Sustainable Living: Environmental benefits of eating local

What is the single most important thing that one person can do to curb global warming? Some people might say permanently parking your car. That would stop about a fifth of America’s greenhouse gas emissions if we all did that. However, agriculture produces more greenhouse gas emissions than our automobiles. The single most important change […]

North Korea’s reactor produced plutonium, not power

Seoul, July 15: North Korea’s Yongbyon reactor was ostensibly built to generate electricity but is reportedly not connected to any power lines. Instead, experts say, it has produced enough plutonium from its fuel rods for possibly up to a dozen nuclear weapons over its 20-year history. The US State Department said yesterday it had been […]

Old oil fears don’t match 2007 reality

U.S. vulnerability, economic threat are largely overstated Congress is debating action to address the nation’s dependence on foreign oil. This would seem to be good news. Not necessarily. While tightening requirements on fuel efficiency is a good idea, many other envisioned policies aimed at “energy independence” fix a problem that no longer exists, while moving […]

Major biofuel proposals in Congress

Bigger ethanol mandate: A Senate energy bill would increase the amount of ethanol and other biofuels that refiners are required to use to 15 billion gallons by 2015 and 36 billion gallons by 2022. The House is developing similar legislation. Higher ethanol blends: Ethanol producers say conventional cars should be allowed to run on gasoline […]

Turbine shortage knocks wind out of projects

The race to build new sources of alternative energy from the wind is running into a formidable obstacle: not enough windmills. In recent years, improved technology has made it possible to build bigger, more efficient windmills. That, combined with surging political support for renewable energy, has driven up demand. Now, makers can’t keep up, mostly […]

Tehran needs to import fuel with rationing

TEHRAN Importing petrol is a sensitive issue when world powers are considering imposing a new round of UN sanctions on Iran for its refusal to give up nuclear work which the West says is aimed at building atomic bombs. Tehran denies the charge. Officials have said Iran imported about 40 per cent of its needs […]

Biofuels tax abatements mean lost revenue

Towns weigh trade-offs of incentives to plants If Bill Roederer had more money, he’d figure out what to do with that empty swimming pool. The Ogden schools superintendent has a wish list of renovations for the 40-year-old high school that would include turning a leaky indoor pool into something useful. So it was difficult when […]

A Little-Known Group Claims a Victory on Immigration

… The organization wants to reduce immigration Moreover, Mr. Beck asserts that immigrants and temporary workers, by increasing the supply of labor, have depressed wages in industries from meatpacking to information technology. Numbers USA has worked most closely with conservative Republicans, but in recent weeks has built alliances with Democrats who share the concern. Numbers […]

Deffeyes: Sunset

…The impending doom and gloom from the world oil peak is ominous. There has been so little preparation and yet, if I am correct, the peak is upon us. We’re feeling it now. The US government tried to cushion the bad news by introducing a Let’s talk about money. What can individuals do even when […]

Plants, gas stations want incentives

Flex-fuel vehicles multiply, but E85 still hard to find Austin, Texas – The challenge facing the ethanol industry – and taxpayers – is evident in places such as Austin, 900 miles south of the heart of the nation’s ethanol production. Only three stations in the fast-growing Austin area, with a population of 1.5 million, sell […]

The end of the biofuels money train?

Iowa benefits more than any other state in getting federal funding for biofuels. Livestock producers and the food industry oppose the practice. As Congress looks at new farm and energy bills, biofuels could lose. Few industries are more dependent on government subsidies and mandates than biofuels producers, and no state has benefited more than Iowa. […]

Iran to sell shares of 17 energy companies

Iran plans to sell shares of 17 energy-related firms on the country’s stock exchange, an Iranian official was quoted as saying yesterday, part of a long-running effort to sell off state assets. Mehdi Aghdaie, deputy head of the privatisation organisation who was quoted by Fars News Agency, said the firms would be listed on Iran’s […]

Worse Than Gasoline

Liquid coal—produced when coal is converted into transportation fuel—would at best do little to rein in climate change and would at worst be twice as bad as gasoline in producing the greenhouse gases that blanket the earth and lead to warming. The conversion technology is well established (the Germans used it during World War II), […]

Africa: Following Oil Boom, Biofuel Eyed on Continent

While oil profits have flooded into countries such as Angola and Nigeria in recent decades, some African observers see new potential for the continent in the form of increasingly in-demand biofuels. Biofuels, loosely defined as liquid or gas fuels derived from biomass, produce significantly less ozone-damaging carbon emissions than fossil fuels such as coal and […]

Smile that spells biofuel

Andrew Watts, 47, who manages a 2,570-acre farm at Wat-ton-at-Stone in Hertfordshire, is already convinced. During his 25 years as a farm manager, Watts has been tempted to quit farming on more than one occasion, but rising cereal prices and the prospect of a biofuel boom have given him a renewed sense of purpose. “For […]

The government and energy supply industry yesterday began a John Hutton, the business and enterprise secretary, said: “Changing consumer habits is vital if we are to cut our energy use and reduce the impact of climate change. The results of the trials will provide invaluable evidence to support the future roll-out of displays and smart […]

Learning to live with fossil fuels

The international Global Energy Technology Strategy Program predicts that, with increasing economic activity, energy demands could more than triple over the course of this century. Even with energy diversification, efficiencies and emission reductions, the world’s abundant fossil-fuel resources will remain the largest source of energy throughout this century and into the next. More than 8,100 […]

China booms … we pay the price

All of those cheaply produced goods from China-everything fromNikerunning shoes to electric kettles – are coming home to roostrightherein Britain. As factories multiply there to satisfy the Western world’s insatiable demand for consumer goods, they use ever-increasing volumes of fuel. The result is a coming oil crunch that will force up the price of fuel […]

UK: Sky-high oil prices signal higher rates

Rocketing global oil prices could force the Bank of England to keep interest rates higher for longer to stamp out fears of spiralling inflation, analysts have warned. After supply cuts from producers’ cartel Opec, and predictions that global energy demand will remain strong, the cost of a barrel of Brent Crude rose by well over […]

Iranian economists blame president for economic woes despite huge oil revenues

Iran’s state-run television said Saturday the government would soon respond in writing to scathing critics made by leading Iranian economists who blamed President Mahmoud Ahmadinejad for the country’s growing economic woes. A panel representing 57 economists made its plea for Ahmadinejad to change economic policies during a five and a half hour meeting with the […]

Iran Makes Major Nuclear Concessions

In major concessions to international demands, Iran has agreed to answer lingering questions about its nuclear experiments and will let U.N. inspectors return to a plutonium-producing reactor it is building, the International Atomic Energy Agency said Friday. The decision to cooperate more fully with the U.N. nuclear agency appears designed to weaken a U.S. push […]

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