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News from August 2007

Indian PM `Committed’ to Atomic Power as Allies Protest

Indian PM  `Committed’ to Atomic Power as Allies Protest thumbnail

Prime Minister Manmohan Singh said India is committed to atomic power after his communist allies threatened to withdraw support to the ruling coalition because of a nuclear accord with the U.S. India needs alternative sources of energy to lift annual economic growth to 10 percent as the nation’s oil import bill is an “unbearable burden” […]


T&T: Stop the false projections of doom

T&T: Stop the false projections of doom thumbnail

Vision 2020 ambitiously projects that our nation will advance close to being First World in another 13 years, but in respect of the amount of nonsense spoken on any topic, Trinidad and Tobago already ranks near the top of the world. The recent flutter about so-called proven gas reserves is a case in point.I am […]


Peak oil – less faith

Peak oil – less faith thumbnail

The major players in the Peak Oil paradigm are the energy importing and exporting countries and the big international oil/gas companies (Big Oil). Peak Oil consists of two complementary parts-the demand for oil, driven in part by China and India, outstripping the present supply forcing high prices, and the fact that the international supply of […]


Tehran advised not to export gas

Tehran advised not to export gas thumbnail

TEHRAN: An influential research centre of Iranian parliament has sounded a downbeat note on the future of Iran But Iran is seeking to export large quantities of gas to Turkey and other countries in the Middle East, as well as to India and Pakistan through new pipelines. Iranian media reported on Sunday that Iran


Our finite planet: planning for a decline in our oil bounty

Our finite planet: planning for a decline in our oil bounty thumbnail

In my local supermarket in Prospect there is a wonderful photo from the early 1900 Compared to European cities, where fuel taxes are high, Adelaide is very spread out. Areas built after WWII are almost completely dependent on car transport. In older areas, like Prospect, trams have been forced off the roads to make more […]


Here’s What We Know about Mexico’s Oil and Gas Infrastructure and Supply

Here’s What We Know about Mexico’s Oil and Gas Infrastructure and Supply thumbnail

We know that many of the models have Dean going into the Bay of Campeche. But what does that mean for supply and production? Well, we have some history with this kind of track. Hurricane Emily followed a track similar to the modeled path, but she was a weak Cat4 when she hit the Yucatan […]


Uganda: Understanding Why the Black Gold’s Curse of Plenty Stalks Us

Uganda: Understanding Why the Black Gold’s Curse of Plenty Stalks Us thumbnail

Whilst reviewing the Sunday Times’ business pages to see how various share prices are unfolding on the London’s Financial Times Stock Exchange (FTSE), I came across an analysis of some well performing shares and amongst was that of Tullow Oil, who are currently exploring oil in Uganda. I was happy to note that their share […]


Incentives for coal plant leaves some unsure about cost

Incentives for coal plant leaves some unsure about cost thumbnail

FRANKFORT, Ky. — Henderson County Judge-Executive Sandy Watkins is conflicted about the idea of giving a company tax incentives to build a coal-to-natural gas plant in his county. He knows western Kentucky needs the jobs, but is unsure about a proposal to give a portion of that tax revenue back to the coal industry, as […]


Inside Heathrow’s protest camp: A battle to save the world

Inside Heathrow’s protest camp: A battle to save the world thumbnail

If you happen to be passing through Hatton Cross this weekend, you will see a swollen army of police officers equipped with weapons and video cameras and peeved expressions. They will greet you at the entrance to the Tube stations, to the airport, and on every corner, and they will probably film your face as […]


Oil In A Week (Crisis of Money Markets Reduces Oil Prices)

Oil In A Week (Crisis of Money Markets Reduces Oil Prices) thumbnail

In the last several weeks, the drop of around 7-10% in international money market indicators in the last three weeks, due to the mortgage crisis in the US, has led to a roughly equivalent fall in oil prices. The price of Brent North Sea oil has hovered between $70-78 a barrel, and fell for a […]


The Real Deal: Usufruct & the Gorilla

The Real Deal: Usufruct & the Gorilla thumbnail

Fox, Washington Times, and their like have gone bananas over a flaw discovered in the computer program that produces global temperatures at GISS each month. They have even managed to get Congress and NASA Headquarters involved. Now we know what mom meant when she said The proclamations of the contrarians are a deceit, but their […]


Ex-nuclear plant gathers dust

Ex-nuclear plant gathers dust thumbnail

STRICKLER More than 30 years ago, men inside the dome purposefully set off some daring chain reactions. They brought the core of a reactor to the brink of overheating and then cooled it down again, to test whether they could place a bridle on nuclear power when the plant was running full-tilt. Satisfied with their […]


Big oil rig sets up shop in the N.D. Badlands

Big oil rig sets up shop in the N.D. Badlands thumbnail

BELFIELD (AP) – It’s a long, bumpy drive from Williston to the site of 257, nestled in the Badlands some 30 miles west of Belfield. But once you get there, it’s definitely something to see. Seemingly jutting out of the rock in this wild patch of land, the rig is near Theodore Roosevelt’s Elkhorn Ranch. […]


Power to the people

Power to the people thumbnail

IT WAS the longest day of my life. When I flicked the switch and nothing happened, I knew we had a crisis on our hands. I was plunged into darkness, time stood still – at least on the cooker clock – and there was no reassuring hum from the fridge. An evil villain from another […]


The Oil Patch Cheers On Hurricane Dean

The Oil Patch Cheers On Hurricane Dean thumbnail

The price of crude oil is down some 8 percent since August 1. What the oil patch and every oil trader knows, one of the quickest ways to turn around this tumble is the drama of a good old fashioned hurricane in the Gulf of Mexico wending its way toward the Texas and Louisiana coasts. […]


The real cost of bottled water

The real cost of bottled water thumbnail

AUSTRALIA’S love affair with bottled water is costing the planet 314,000 barrels of oil a year. That’s how much of one of the world’s most precious resources it takes to package, ship and refrigerate a product that is already piped to every single suburban premises for next to nothing, according to Sunday Age calculations. “It’s […]


Hundreds pose naked on shrinking Swiss glacier

Hundreds pose naked on shrinking Swiss glacier thumbnail

ALETSCH GLACIER, Switzerland (Reuters) – Hundreds of people posed naked on Switzerland’s shrinking Aletsch glacier on Saturday for U.S. photographer Spencer Tunick as part of a Greenpeace campaign to raise awareness of global warming. Tunick, perched on a ladder and using a megaphone, directed nearly 600 volunteers from all over Europe and photographed them on […]


Gaza power plant shuts down amid fuel shortage

Gaza power plant shuts down amid fuel shortage thumbnail

GAZA – Gaza Palestinian officials said a European Union aid programme, which funds fuel for the plant, has not sent its monitors to the crossing to facilitate the shipment as required. An EU diplomat said an assessment of the funding programme was being made and a decision was likely on Monday. Dor Alon had no […]


Ethanol proves a sweet export

Ethanol proves a sweet export thumbnail

Caribbean, Latin American nations turn sugar cane into biofuel for global market SOJO, PERU Dallas-based Maple Energy will level the land and plant 20,000 acres of sugar cane in a $157 million project to produce ethanol for export to the United States and Europe. It plans to begin growing sugar cane here in 2008, using […]


West Texas, UT system pushing for first-of-a-kind reactor in U.S.

West Texas, UT system pushing for first-of-a-kind reactor in U.S. thumbnail

ANDREWS, Texas Those involved, the University of Texas system and several of its schools, local governments and private industry, hope to build the nation’s first reactor of its kind in Andrews County, west of the city. The county is already home to a low-level nuclear waste processing and storage site operated by a Dallas-based company. […]


A free-for-all over oil money in Nigeria

A free-for-all over oil money in Nigeria thumbnail

KEGBARA DERE, Nigeria – The fire burned strong for 45 days and 45 nights, blanketing the village with ash and torching the young cassava plants in Ada Baniba’s field. As she weeded, the flames flared out of the leaking oil pipeline behind her. It wasn’t that no one could put the fire out. It was […]


The Oil Drum: The Economics of Oil, Part I: Supply and Demand Curves

The Oil Drum: The Economics of Oil, Part I: Supply and Demand Curves thumbnail

The problem is a basic lack of understanding of economics. And The Economist is hardly the only culprit. The Oil Drum


Hundreds protest in Myanmar over fuel price hike

Hundreds protest in Myanmar over fuel price hike thumbnail

YANGON, Myanmar (Thomson Financial) – Pro-democracy activists led hundreds of people in a rare march through Myanmar’s main city of Yangon on Sunday, in protest against an enormous hike in fuel prices last week. Myanmar’s ruling junta doubled key fuel prices on Wednesday without warning, leaving many urban workers unable to afford the cost of […]


In China, Pessimism About Rescue of 180 Miners

In China, Pessimism About Rescue of 180 Miners thumbnail

XINTAI, China, Aug. 18 (Reuters) The trapped miners had only a


European smart cars kick off national tour

European smart cars kick off national tour thumbnail

Vehicles are under nine feet long WALNUT CREEK Popular in Europe, the ultra compact cars will be available for sale in the United States next year. Shunning national advertising, the distributors are taking pre-order reservations for $99 online and during road show stops. It’s a “grass-roots” effort, allowing potential customers to see, touch and drive […]


Gulf oil companies prepare for deadly hurricane

Gulf oil companies prepare for deadly hurricane thumbnail

HOUSTON (Reuters) – Gulf of Mexico oil and natural gas producers were evacuating offshore workers and shutting small amounts of production on Saturday as they watched powerful Hurricane Dean storm across the Caribbean Sea toward an entry into the Gulf next week. Forecasts and computer models point Dean away from the paths taken by 2005’s […]


Oystermen find oil settlements more lucrative than harvests

Oystermen find oil settlements more lucrative than harvests thumbnail

The brave little oyster boats chug out daily from the dock here, but their richest harvest may actually be sitting in the office towers of New Orleans, 60 miles west of this spot where marsh, sky and water converge. In an arrangement that is a Louisiana seafood specialty, though one that can’t be fried or […]


Conservationists Cannot Escape the Laws of Energy

Conservationists Cannot Escape the Laws of Energy thumbnail

I came here to discuss energy conservation with several engineers from General Motors. We wound up talking about religion. That is not as far-fetched as it seems. It has everything to do with the laws of thermodynamics — that energy can be changed from one form to another but cannot be created or destroyed; and […]


Mud: building block of the future

Mud: building block of the future thumbnail

New homes built of mud or straw, with a lawn on the roof, sheep fleeces for insulation and heat from the ground or a boiler fired with sawdust – this is one vision of the future for our green and pleasant land.


It sounds good, but turning garbage to energy has downsides, critics say

It sounds good, but turning garbage to energy has downsides, critics say thumbnail

Drastically reducing the amount of garbage going to landfills while creating a clean energy source in the process _ it sounds like the perfect solution to the world‘s environmental woes. But critics argue that the process of heating garbage to create a gas that can then be used to produce heat and electricity _ a […]


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