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News from August 2007

Nuclear Power and a Hydrogen Economy?

Nuclear Power and a Hydrogen Economy? thumbnail

Back in 2003, George W. Bush proposed the Hydrogen Fuel Initiative, a multi-billion dollar federal effort to make hydrogen into a competitive fuel and create a hydrogen-fueled car, both by 2020. Among the initiativeMany consider hydrogen to be the ultimate in ecologically friendly fuels:


The E.U. and the U.S. Energy Markets, Side by Side

The E.U. and the U.S. Energy Markets, Side by Side thumbnail

The E.U. and the U.S. are the worldMore remarkable, however, are the similarities in primary energy sources. While the E.U. claims great strides on the renewable front, statistics show that in 2004 the U.S. got a larger percentage of its primary energy from renewable sources. The numbers also show some fairly predictable results: the E.U. […]


Go Green And Save Money

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Have your eyes recently popped out of your head when you opened your electric bill? Do you, like me, live in one of those U.S. states where electricity has been deregulated and the state no longer oversees the generation price so your utility rates have skyrocketed since 2002? If so, you need to listen to […]


More states harness power of renewable energy

More states harness power of renewable energy thumbnail

Sun, wind, even pigs are used to power homes as USA seeks ‘greener’ sources RALEIGH, N.C. — Some focus on the sun, others on the wind, and at least one includes a role for pig power. While the particulars vary, state laws requiring electric utilities to use renewable energy sources to help curb greenhouse-gas emissions […]


Leggett: Summoning the will to tap our solar brilliance

Leggett: Summoning the will to tap our solar brilliance thumbnail

What are hot, good-looking, born in Australia and about to make a lot of people very rich in China? Answer: many of the solar cells in production today. The solar photovoltaics business is one of the fastest-growing global industries. Over the past two years many billions of investment dollars have flowed into it. Why is […]


Asia`s booming energy demand a magnet for investors

Asia`s booming energy demand a magnet for investors thumbnail

Singapore, Aug 22: Booming demand for energy in the Asia Pacific and surging oil prices have made the sector extremely attractive to investors looking at the region, industry players said Wednesday. Hank Tomlinson, President of US energy giant Chevron’s Malampaya operations in the Philippines, told a business forum on energy the region’s oil and gas […]


Voluntary

Voluntary thumbnail

Concern about catastrophes related to global warming has generated a scheme for There is a new twist to the carbon offsetting policy that is particularly insidious in that it is linked with the loss of public ownership of America


Squeezing oil from stones

Squeezing oil from stones thumbnail

There are vast reserves of oil trapped within Alberta’s rockbed – the trick is getting it out CALGARY — OSUM Oil Sands Corp. believes it might have the answer to one of the oil patch’s most perplexing problems – extracting the billions of barrels of crude trapped in Alberta’s limestone deposits.To date, energy companies have […]


Behind Burma’s Fuel Price Rise

Behind Burma’s Fuel Price Rise thumbnail

The fuel price increase in Burma last week has been greeted by shock, amazement, and despair. The question many are asking is, how can this be? How can a country so rich in gas and oil be unable to provide its own citizens with affordable supplies? How can a government raise prices such a huge […]


UK: Speakers to debate ‘peak oil’ issue

UK: Speakers to debate ‘peak oil’ issue thumbnail

A LIVE debate in Lewes will discuss to the issue of the world’s dwindling oil resources. Peak Oil: Myth or Reality? will be held at the Lewes All Saints Centre on September 4. The event has been organised by the Lewes-based Changing Times organisation. Peak oil is the concept that the world’s oil resources are […]


Australia: Transport plan is taking us the wrong way

Australia: Transport plan is taking us the wrong way thumbnail

JOHN Brumby has put the cart before the horse. The first step in the creation of a sensible transport policy is for Melburnians to decide what they want. The second step is to decide what ownership structure will best deliver this. I would guess that Melburnians want liveability together with mobility. The question is how […]


Environmentalists win White House suit

Environmentalists win White House suit thumbnail

SAN FRANCISCO – A federal judge ordered the Bush administration to issue two scientific reports on global warming, siding with environmentalists who sued the White House for failing to produce the documents. U.S. District Court Judge Saundra Armstrong ruled Tuesday that the Bush administration had violated a 1990 law when it failed to meet deadlines […]


Katrina renews calls for change in rebuilding rules

Katrina renews calls for change in rebuilding rules thumbnail

…Katrina’s impact here and in other beach communities on the Gulf Coast has revitalized a debate over whether federal, state and local governments should do more to discourage rebuilding in areas particularly vulnerable to hurricanes, earthquakes and flooding. The magnitude of Katrina’s destruction Such efforts, though, have foundered, largely over resistance from developers and politicians […]


The Oil Drum: World Oil Forecasts Including Saudi Arabia – Update Aug 2007

The Oil Drum: World Oil Forecasts Including Saudi Arabia – Update Aug 2007 thumbnail

Ace’s incredible update…information galore, including this summary: World total liquids production (Fig 1) remains on a peak plateau since 2006 and is forecast to fall off this peak plateau in 2009. According to the IEA, the current peak production of 86.13 mbd occurred on July 2006 and only one year later, June 2007 total liquids […]


Scientists ask: Where have all the dolphins gone?

Scientists ask: Where have all the dolphins gone? thumbnail

PARIS (AFP) – Sightings by marine scientists of dolphins in the north Atlantic’s Bay of Biscay have dropped off by 80 percent compared to the same period in 2006, a wildlife conservation group said Wednesday. The alarming drop in numbers of the Bay’s three most common species of dolphin — the striped, bottlenose and common […]


Gas station owners allege price fixing

Gas station owners allege price fixing thumbnail

SAN FRANCISCO – Nearly two dozen gas station owners in California sued Shell Oil Co., Chevron Corp. and Saudi Refining Inc., on Tuesday, claiming the companies conspired to fix prices for 23,000 franchise owners nationwide. The case filed in U.S. District Court in San Francisco seeks class-action status for the plaintiffs. It is similar to […]


Myanmar arrests dissidents, squashes fuel protests

Myanmar arrests dissidents, squashes fuel protests thumbnail

YANGON (Reuters) – Myanmar’s military junta arrested 13 top dissidents and deployed gangs of spade-wielding supporters on the streets of Yangon on Wednesday to halt protests against soaring fuel prices and falling living standards. Armed police also took up positions across the country’s biggest city alongside truckloads of men from the army’s feared Union Solidarity […]


Kazakhstan May Halt Work on Eni’s Kashagan Oil Field

Kazakhstan May Halt Work on Eni’s Kashagan Oil Field thumbnail

Kazakhstan may suspend work at Eni SpA’s Kashagan oil project because of ecological damage as the Caspian Sea state seeks more profit from its biggest oilfield. “Taking into account the failure to meet the previous obligation by the company, we must withdraw the permit as the company’s work brings irreparable ecological damage,” Environment Minister Nurlan […]


Nigeria: Yar’Adua May Revoke Oil Block Licences

Nigeria: Yar’Adua May Revoke Oil Block Licences thumbnail

The Federal Government may revoke some licences for oil blocks granted some entities during recent licensing rounds. Although the identities of the blocks, as well as the awardees are not immediately known, THISDAY learnt that some indigenous and foreign entities which obtained their acreage licenses through the ‘back door’ may end up losing them. AllAfrica


Energy Roundup: Gasoline Demand Rises

Energy Roundup: Gasoline Demand Rises thumbnail

A weekly survey of spending trends at the pump from SpendingPulse, the retail data service of MasterCard, found U.S. gasoline demand rose 4.2 percent, or some 2.93 million barrels, for the week ending Aug. 17 compared with the previous week. Demand for gasoline rose 5.7 percent versus the comparable week in 2006. Forbes


Dean may shed light on OPEC/IEA debate

Dean may shed light on OPEC/IEA debate thumbnail

OPEC countries adamant their policies are not to blame for oil’s five-year rally may feel vindicated by the energy market’s response to Hurricane Dean. OPEC has said a shortage of refining capacity to make motor fuels, particularly in top consumer the United States, has been the main driver. Crude oil supplies, it says, are ample. […]


Energy operations in U.S. Gulf ramping back up

Energy operations in U.S. Gulf ramping back up thumbnail

Oil and natural gas operations in the U.S. Gulf of Mexico began returning to normal Tuesday, but work in Mexico’s chief offshore oil-producing region may be suspended for the rest of the week because of Hurricane Dean. Among the companies bringing work back on line in the U.S. Gulf were oil majors Shell Oil and […]


The Brother in Law on Your Couch Vision of the Apocalypse

The Brother in Law on Your Couch Vision of the Apocalypse thumbnail

Ok, it isn’t the apocalypse, but whenever I point out to people that to a large degree hard times means consolidating housing, living with family and friends and taking in refugees you happen to be related to (by biology or friendship), I get a great deal of resistance. I suspect some of us are better […]


The complexity of modern life

The complexity of modern life thumbnail

…As Griffin points out, for complex, tightly coupled systems, failure is inevitable. This obvious statement is proved so often and dramatically it should be published as a universal law for all humans to consider every day. To clarify, every complex system — whether a drilling system, climate system, or bureaucracy — is destined to fail […]


Share slump and credit crunch: passing peak oil

Share slump and credit crunch: passing peak oil thumbnail

Regular readers may be surprised to see me offer commentary on the financial markets, given my dim view of such factories of speculation and greed. This is no sideshow, however. The unfolding turmoil may eventually be seen as a historic event. Another turning point, the worldwide peak in oil production, is a key player in […]


Tenn. Nuclear Fuel Problems Kept Secret

Tenn. Nuclear Fuel Problems Kept Secret thumbnail

KNOXVILLE, Tenn. (AP) – A three-year veil of secrecy in the name of national security was used to keep the public in the dark about the handling of highly enriched uranium at a nuclear fuel processing plant – including a leak that could have caused a deadly, uncontrolled nuclear reaction. The leak turned out to […]


Oil drops below $70

Oil drops below $70 thumbnail

…The U.S. government also said it was ready to make emergency oil loans from the nation’s Strategic Petroleum Reserve to refineries, if necessary, to help offset any loss from Mexico, which supplies 13 percent of U.S. imports. But analysts said the threat of lasting damage was more limited in Mexico than in the U.S. portion […]


Kicking the gas habit

Kicking the gas habit thumbnail

Demand growth is slowing, not long after prices hit a record $3.23 a gallon, but it may be too early to call it a trend. NEW YORK (CNNMoney.com) — American motorists may have finally eased up on the gasoline habit. After years of strong demand despite record high prices, there’s evidence that the rate of […]


How to push the oil levers in the wrong direction

How to push the oil levers in the wrong direction thumbnail

By now, it should be clear to everybody that we are facing some problem with oil production. Facing a problem, the normal reaction is to do something about it. If crude oil is becoming scarce, the first reaction often is, “where can we find more of it?” We find a good example of this reaction […]


Yankee plant closed but its waste remains

Yankee plant closed but its waste remains thumbnail

SPRINGFIELD — With the site of one of the country’s first nuclear power plants finally considered safe for public use, all that remains of the reactor that stood for 47 years in the woodsy town of Rowe is its radioactive waste. The federal government announced this month that the Yankee Rowe site had been officially […]


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