U.S. motorists are ignoring $3-a- gallon gasoline and probably will hit the road in record numbers for the Fourth of July holiday. About 41.1 million people will travel this week, 84 percent of them by car, the American Automobile Association estimates. Vacationers are shortening trips and paring other expenses rather than getting out from behind […]
Hugo Chavez, the Venezuelan president, has repeated his intention to further develop economic cooperation with Russia, which he calls a “strategic union.” One of the components of this cooperation will be the strengthening of Venezuela’s defense capabilities, but prospects in fuel and energy are looking good, too. RIAN
The main militants group in Nigeria’s oil producing Niger Delta say it will not extend its month-long ceasefire which expires on Tuesday. The Movement for the Emancipation of the Niger Delta (Mend) says it has been kept on the sidelines of government-led talks about the region’s future. Mend called the truce to give the new […]
The energy gap left by declining fossil Solar fuels may be filled by alternative sources of energy. In this article The Oil Drum brings together over 50 references to past articles which when combined provide a comprehensive overview of the issues surrounding peak oil and energy decline.The Oil Drum
Environmentalists attribute the death of glaciers to global warming, which refers to a rise in the planet’s temperatures due to destruction of the environment. Following the death of the rivers, millions of people and scores of tree and animal species that depend on them are at risk. In 1997, the United Nations Educational, Scientific and […]
If we are to radically reduce transport emissions then the truth is that we have no choice but to do tackle our unquenchable thirst for fuel This year the Indonesian Government will officially hold a new Guinness World Record – the fastest pace of deforestation. They must be so proud. Between 2000 and 2005 Indonesia […]
Research has uncovered alarming evidence that high Arctic ponds, many of which have been permanent bodies of water for thousands of years, are completely drying out during the polar summer. These shallow ponds, which dot the Arctic landscape, are important indicators of environment change and are especially susceptible to the effects of climate change because […]
The World Bank Group’s energy work is managed under the sustainable development network which promotes “environmentally responsible and socially acceptable” growth strategies, affirms Katherine Sierra, vice president of sustainable development. The Bank’s energy objectives are to “improve access to clean, modern and affordable energy services for the poor” and “achieve sustainability in the environmental, financial, […]
Will the fact that growth (or rather the limitations on growth) is the peg on which India is hanging its objections at the international level sidetrack it from taking appropriate domestic measures to weaken the link between economic growth and atmospheric pollution? Is it conceivable that in the noise of multilateralism India will lose sight […]
IBM today announced that it is establishing a Global Center of Excellence for Nuclear Power in La Gaude, France, to support safe, reliable and efficient electricity generation by energy companies worldwide. The new Center extends IBM’s on-going work with leading nuclear power companies to support improved design, construction, safety and operation of power plants based […]
Humans are just one of the millions of species on Earth, but we use up almost a quarter of the sun’s energy captured by plants – the most of any species. The human dominance of this natural resource is affecting other species, reducing the amount of energy available to them by almost 10 per cent, […]
Petrol rationing has sparked the largest domestic protests in Iran against President Ahmadinejad since 2005, when he took power. Having only three litres of petrol available per day in a country which is the world’s fourth exporter of petrol, not only makes life difficult for individuals, it also prevents many from earning an income. Just […]
Among the pine forests of north- eastern Lithuania, a dried-up oil pipeline called Druzhba — Russian for friendship — has become a symbol for the increasingly hollow relations between the Baltic states and Russia. A year ago, a reported leak on Russian territory blocked the flow of oil into AB Mazeikiu Nafta, the only refinery […]
As the national discussion to curb climate change and declare an bymnews
Chavez, who is leading Venezuela toward socialism, says state-run energy companies from Iran, China and elsewhere are lining up to replace the American companies and will help his country, the world’s fifth-largest oil exporter, double its oil production within five years. But many independent experts caution that the pullout of the two U.S. oil giants […]
Mohr Davidow Ventures (MDV), a leading Silicon Valley venture capital firm, announced today that it has invested in ZeaChem, the developer of a combined biochemical and thermochemical process for the production of ethanol from cellulosic biomass feedstocks. ZeaChem claims that its technology will produce 50% more ethanol per ton of feed than the current best-in-class […]
First off, many people look at the recent trend of Saudi Arabian production and have expressed suspicion that the decline may be geologically based, rather than Saudi Arabia maintaining a balance between supply and demand. The statements and actions of OPEC over the last several months have made it clear that they are taking oil […]
Range Fuels on Monday is expected to announce that it has received a permit to build an ethanol production plant in rural Georgia that uses wood chips as its feedstock. It plans to break ground on the plant this summer. By next year, the company intends to have a facility capable of creating 20 million […]
Have we already reached peak oil Daniel Weiss, a senior fellow at the center, says that rising gas prices can be attributed to three factors: lower inventories, increased demand and limited refining capacity.
…By 2020, when the 35 miles per gallon standard kicks in, 35 miles per gallon will sound like ancient history. By then we’ll be well past Peak Oil, meaning that we’ll have used up most of the world’s oil reserves, while an industrialized China and industrializing India will have increased their oil consumption exponentially. That […]
The time has come to once and for all put to rest the notion that crude oil and gasoline are joined at the hip as commodities in solidarity. Yes, there’s a thin veil of truth to the myth, born of the fact that the latter is refined from the former. But for all practical purposes, […]
Faced by an arterial meltdown, transport lobbyists are calling for a return to rail transportation to alleviate the “unacceptable and growing levels” of congestion. Alarming reports show that the country’s main arterial routes are being “pounded to destruction” by heavy vehicles and that some roads may only last another five years. Among those urging for […]
Petroleos Mexicanos, the third-biggest oil supplier to the U.S., must improve its operating capabilities and expand into new production areas, such as deepwater, to curb its dependence on the Cantarell oil field, said the company’s head of production and exploration. “Cantarell has made us highly dependent,” said Pemex’s Carlos Morales during a conference last week […]
SHANGHAI, China – China’s No. 1 oil company, CNPC, and Indonesia’s PT Pertamina have agreed to co-develop a Sudanese offshore oil block, ignoring international efforts to isolate Sudan over the crisis in its Darfur region, a report said Monday. The agreement, signed Thursday in Sudan’s capital, Khartoum, calls for a six-year exploration phase and shared […]
…Norway took from the beginning of the oil discoveries a low-depletion oil policy, like the one urged on the Conservatives’ Scottish Office by their economic adviser Dr Gavin McCrone in 1974. This was not done. Neither was there any Oil Fund, though this was promised by all parties in the second 1974 election. Instead Scotland […]
BOSTON – Thanks to global warming, nuclear energy is hot again. Its promise of abundant, carbon emissions-free power is being pushed by the president and newly considered by environmentalists. But any expansion won’t come cheap or easy. The enormous obstacles facing nuclear power are the same as they were in 1996, when the nation’s last […]
YANGON (Reuters) – Not everybody in military-ruled Myanmar is cursing the blackouts. Thieves in the former Burma’s main city, Yangon, are taking advantage of outages often lasting for more than 20 hours a day to steal the copper power cables, police said on Friday. Sometimes, of course, they get unlucky. “The thieves are risking their […]
ISLAMABAD (Reuters) – The last thing any government wants is hot, angry voters, but that is Pakistan’s fate with elections just months away. Near record summer temperatures can be blamed on global warming, but power outages aren’t acts of God. Blackouts happen every summer throughout Pakistan due to a poor electrical system, but this year […]
SRINAGAR, India (AFP) – Thousands of Hindu pilgrims faced disappointment on Monday after a large, sacred phallic-shaped icicle in a Himalayan cave melted — leaving people blaming body heat or global warming. Hundreds of thousands of devotees make a long, tiring trek to the Kashmir mountains each year to look at the natural icy formation, […]
Summertime could pose hotter trouble for agency WASHINGTON // A year after the National Security Agency nearly maxed out its electrical capacity, some offices are experiencing significant power disruptions as the agency confronts the increasingly urgent problem of an infrastructure stretched to its limits, intelligence officials said. The spy agency has delayed the deployment of […]
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