Fears emerge over Russia

Russian oil production has peaked and may never return to current levels, one of the country Leonid Fedun, the 52-year-old vice-president of Lukoil, Russia

Methane boom has Colo. landowners worried

Energy industry jobs return, as does contamination and explosion risks WESTON, Colo. – A hamlet near here of wooded gulches, rocky outcrops and views of the snowy tops of southern Colorado That

Sierra Club out to stop all new US coal-fired power plants

WASHINGTON — Every time a new coal-fired power plant is proposed anywhere in the United States, a lawyer from the Sierra Club or an allied environmental group is assigned to stop it, by any bureaucratic or legal means necessary. They might frame the battle as a matter of zoning or water use, but the larger […]

UN Chief: Food Crisis Is Now Emergency

UNITED NATIONS (AP) He called for short-term emergency measures in many regions to meet urgent food needs and avoid starvation and longer-term efforts to significantly increase production of food grains. WFP, the world’s largest humanitarian agency, issued an “extraordinary emergency appeal” to donor countries for $500 million last month, saying the money was needed by […]

Michael Klare: Rising Powers, Shrinking Planet

It was not supposed to turn out this way. When the Cold War ended in 1990, American policymakers generally assumed that the United States would henceforth enjoy a position of unchallenged preponderance. It would be secure in its

The incredible shrinking city

Youngstown, Ohio, has long been on the decline and now is being hit by the foreclosure crisis. Its answer: Razing abandoned buildings and tearing up streets. YOUNGSTOWN, Ohio (CNNMoney.com) — Youngstown, Ohio, has seen its population shrink by more than half over the past 40 years, leaving behind huge swaths of empty homes, streets and […]

Former oil company chief accused of fraud

HARTFORD, Conn. (UPI) — Connecticut is suing a former oil company president, charging him with defrauding purchasers of home heating-oil contracts, the state’s attorney general said. Attorney General Richard Blumenthal charged that Christopher T. Carr took millions of dollars on behalf of F&S Fuel when he knew the company couldn’t deliver on its prepaid contracts, […]

Mexico Opposition Barricades Congress

MEXICO CITY (AP) — Leftist lawmakers erected makeshift barricades in Mexico’s lower house of Congress Monday to block attempts to dislodge them from the podium, where they have been camped out for nearly a week to protest an oil reform bill. They piled heavy chairs around the speaker’s platform, while their colleagues in the Senate […]

New cracks suggest largest remaining Arctic ice shelf destined to disappear

WARD HUNT ISLAND, Nunavut

Brazil claims massive oil find

RIO DE JANEIRO Petrobras stocks jumped 6.23 per cent to 83.50 reais on the news, reversing early losses.

Bill McKibben: Where Have All the Joiners Gone?

CHEAP FOSSIL FUEL has made us what we are. Which is to say: rich, powerful Now imagine how different things have been for almost all of human history. Two hundred years ago, if an American wanted to eat a hamburger for dinner, he needed to be able to convince his neighbors to, say, help him […]

China’s Guangdong ups power fee to cover gas costs

BEIJING — Six of south China’s wealthiest cities are charging industrial users a temporary surcharge on electricity prices, to compensate gas and oil burning power stations for soaring fuel costs, industry sources said on Monday. The extra 0.045 yuan per kilowatt hour, officially called a “gas and fuel oil processing fee”, came into effect on […]

Cantwell calls for probe of petroleum price fix

WASHINGTON — With the price of crude oil hovering near $110 a barrel and gasoline prices at record levels, a Washington senator says federal regulators need to stop delaying and start investigating whether petroleum markets are being manipulated. Democratic Sen. Maria Cantwell said the Federal Trade Commission should move quickly to implement a provision she […]

Pemex Shuts Two Gulf Oil-Export Ports on Bad Weather

(Bloomberg) — Petroleos Mexicanos, the third-largest supplier of crude to the U.S., has closed two oil-export terminals in the Gulf of Mexico because of winds and lightning. Mexico’s Merchant Marine announced the closure of the Dos Boca port, in the southern state of Tabasco, in its 10 a.m. (11 a.m. New York time) weather bulletin […]

Japan’s Arctic methane hydrate haul raises environment fears

Japan is celebrating a groundbreaking science experiment in the Arctic permafrost that may eventually reshape the country’s fragile economy and Tokyo’s relationships with the outside world. For an unprecedented six straight days, a state-backed drilling company has managed to extract industrial quantities of natural gas from underground sources of methane hydrate – a form of […]

EU says Turkmenistan guarantees gas supplies

Turkmenistan has agreed to supply the European Union with 10 billion cubic meters of natural gas from next year, EU officials said Monday. The agreement will help the EU reduce its reliance of gas imported from Russia.EU spokeswoman Christine Hohmann said Turkmen President Gurbanguli Berdymukhamedov committed to supply the gas last week when senior European […]

Biofuel potential for commercially grown grass

Grass from the western counties of Britain could soon rival oil seed rape and wheat from the eastern counties as a source of biofuel for cars, scientists have said. Commercially grown grasses – sown by farmers instead of less productive natural grasses – could produce more fuel per acre than wheat or oil seed rape […]

UK: Campaigners criticise biofuel rules

New rules which aim to make transport fuels greener are putting millions of people in the developing world at risk of being driven off their lands, it has been claimed. Oxfam said the Renewable Transport Fuels Obligation (RTFO). which requires 2.5% of all petrol and diesel sold at UK forecourts to come from renewable biofuels, […]

Talent shortage threatens growth of clean energy sector

The world’s fast-growing clean energy industry is facing a new obstacle to its further expansion – a shortage of human capital, especially experienced business leaders. This is the message of a study of top-level recruitment in the clean energy sector, produced jointly by New Energy Finance, a clean energy investment analysis provider, and Heidrick & […]

India learns its oil lessons

India’s quest for energy security received a boost last week with its oil diplomacy paying off to varying degrees on more than one continent. In South America, India signed a deal allowing it to participate in a joint venture to drill oil and gas in Venezuela, while in Central Asia, the door was pried open […]

The Scales are Balanced

Here then is a chart-fest for all of you, showing the balance between countries who expanded their production compared to the previous year and those whose production declined. It’s pretty self explanatory, but note the difference between the strong growth years around 2004 and the very slight decline experienced in the last two years when […]

Bangladesh Introduces Improved Stove To Save Fuel

Bangladesh has introduced an improved cooking stove that will consume 50 percent less of the biomass used for cooking in rural areas, a senior official said on Sunday. “About 95 percent of Bangladesh, with 145 million people, uses traditional fuels like cow dung, agricultural wastage and wood totalling 60 million tonnes most inefficiently, worth 100 […]

China, India Urged To Avoid Obsession With Cars

China and other big developing countries such as India need to take steps to avoid being over-reliant on private cars, the head of the Nobel Peace Prize-winning UN climate panel said. Rajendra Pachauri, head of the Intergovernmental Panel on Climate Change (IPCC), told Reuters that investing in improving railways and urban public transportation was one […]

UK: Manufacturing costs hit 17-year high

The pressures of high commodity prices and a weakening currency hit UK manufacturers in March, with output prices rising to a 17-year high and cost inflation reaching the highest levels on record. Data released on Monday by the Office for National Statistics said annual inflation in factory gate prices rose from 5.9 per cent in […]

French push for EU food response

Agriculture minister Michel Barnier said Europe could not remain passive and leave the situation to the markets. As he spoke, UN special rapporteur Jean Ziegler accused the EU of agricultural dumping in Africa. He said producing biofuels, a key part of the EU’s plans to tackle climate change, was a “crime against humanity”. BBC

The decline and fall of the American empire of debt

Review of Kevin Phillips’ “Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism.” …As for oil, while at first it might seem a bit off-putting to find a chapter on “peak oil” in the middle of a book mostly devoted to financial shenanigans, the current price tags of a barrel of […]

Vanished: A Pueblo Mystery

…In an effort to draw together the skein of causes and effects, Dr. Kohler and members of the Village Ecodynamics Project are collaborating with archaeologists at Crow Canyon on a computer simulation of population changes in southwest Colorado from 600 to around 1300. Juxtaposing data on rainfall, temperature, soil productivity, human metabolic needs and diet, […]

The Realities of Natural Gas

…In much of North America, despite propaganda to the contrary, exploration and production have been yielding disappointing results for a long time, and expectations about e.g. the Gulf of Mexico and imports into the U.S. by pipeline from Canada often have an air of unreality about them. In Europe a more rational tale can be […]

It really is the economy, stupid

…So can you still be an economic superpower if you don And we are much more dependent on the goodwill of other countries now than we were then. Worse yet, there are some signs we are approaching Peak Oil, the point at which the world hits maximum oil production (aided by the increasing demands of […]

Bakken no energy panacea

Those who deny that peak oil is a near-term problem can be so predictable. Hours after the U.S. Geological Survey released its study Thursday showing that the Bakken oil formation has up to 4.3 billion barrels of “technically recoverable oil,” the emails started trickling in. There’s plenty of oil out there. We just have to […]

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