How soaring fuel prices hurt kids

Across the nation, school districts are slashing spending on teachers, books and computers as filling up the school bus gets more expensive. NEW YORK (CNNMoney.com) — The school buses in Dubuque County, Iowa, travel 4,900 miles each day ferrying kids to and from class. That’s the equivalent of driving across the entire United States and […]

Boomtown

What happens when an oil field as big as any in the Middle East is discovered in the desolate border towns of Montana and North Dakota? The story started out in a Montana newspaper, then grew into a minor legend: An unnamed rancher out in the state’s far east, a sparsely populated town along the […]

Poor go hungry while rich fill their tanks

Rocketing global food prices are causing acute problems of hunger and malnutrition in poor countries and have put back the fight against poverty by seven years, the World Bank said yesterday. Robert Zoellick, the Bank’s president, called on rich countries to commit an extra $500m ( Zoellick said: “In the US and Europe over the […]

UK: The new age of the train

Britain is witnessing the dawn of a new era of rail travel as an unprecedented demand for environmentally friendly transport encourages people to take more train journeys than at any time since the Second World War. Figures released yesterday revealed that the number of miles travelled on the rail network reached a record-breaking peacetime high […]

IMF warns of ‘fire and ice’ threat to the world

The head of the International Monetary Fund has warned that the world economy is trapped between “fire and ice” – the threat of slumping growth and of rising inflation. Opening the IMF’s spring meetings, Dominique Strauss-Kahn told ministers coming to Washington that there was only limited time to repair the financial system after the worst […]

Logging Boreal Forest Could Detonate Massive

OTTAWA – Canada It also found that logging makes the forest more susceptible to insect outbreaks and wildfires which, if widespread, could cause a spike in greenhouse-gas emissions – the so-called

US airline files for bankruptcy

Budget carrier Frontier Airlines has filed for bankruptcy protection in the US, but has said it will keep flying. Four airlines have gone out of business in the past two weeks, including Hong Kong-based airline Oasis, whose sudden collapse left passengers stranded. The rising cost of fuel and the slowdown in economic growth is causing […]

Oil Prices Defy Gravity

Is there a fair price for oil? It doesn’t seem that way. Over the past year, the price of crude oil has nearly doubled even though oil inventories are ample, there has been no disruption in supplies, and petroleum demand in the United States, the world’s biggest consumer, has leveled off in recent weeks as […]

Leftists lawmakers storm Mexico Congress

MEXICO CITY – Leftist lawmakers took over both chambers of Mexico’s Congress to protest President Felipe Calderon’s energy reform bill, which would make it easier for the state oil company to seek outside help to develop oil fields. Legislators from the Democratic Revolution Party and two minor parties stormed the podiums and forced a recess […]

Report says up to 4.3 billion barrels of oil in Bakken shale

BISMARCK, N.D. (AP) – The government estimates up to 4.3 billion barrels of oil can be recovered from the Bakken shale formation in North Dakota and Montana, using current technology. The U.S. Geological Survey calls it the largest continuous oil accumulation it has ever assessed. The Bakken Formation encompasses some 25,000 square miles in North […]

Population is ‘hanging on a thread’ with current oil consumption

“Here comes the sun, little darlin’, here comes the sun, it’s all right now…here comes the sun…” According to Rochester resident Norm Erickson, the sun might be one of our energy saviors. It’s free, doesn’t come in a tanker from the Middle East, shines nearly every day, and its solar energy can be stored underground […]

Refinery reopening uncertain

MARCUS HOOK, Pa. Sunoco has refining capacity of 910,000 barrels a day. The company says its other refineries in South Philadelphia; West Deptford, N.J., Toledo, Ohio, and Tulsa will be able to meet demand for gasoline during the shutdown.

Saudi Says Won’t Dump Oil On Market; OPEC Sees Weak Demand

PARIS -(Dow Jones)- Oil Minister Ali Naimi said Thursday Saudi Arabia won’t put extra crude onto the market to take advantage of high prices as the Organization of Petroleum Exporting Countries’ data head warned its monthly oil market report due Tuesday would show weaker-than-expected demand. “I’m not going to dump oil into the market,” Naimi […]

Food or Fuel – A Hobson’s Choice

I grew up hearing stories about the Bengal Famine of 1943-45, hearing about them from my mother about how close to four million people died due to what was essentially a man made tragedy as food grains were diverted by the British Indian Government to feed the Allied Armies and the war effort, putting civilian […]

U.S. navy secures oil, fights drugs off Africa

DAKAR, April 10 (Reuters) – The United States is stepping up its naval presence in the lawless waters off West Africa to secure vital oil supplies and curb drug smuggling being used to finance terrorism, an admiral said. Washington deployed the USS Fort McHenry, a 600-foot (185 metre) warship, to the Gulf of Guinea last […]

Delta, Northwest could announce merger next week

Pressured by extraordinary jet fuel prices, Delta (DAL) and Northwest (NWA) airlines want to announce a merger deal as soon as next week, according to two sources briefed on the airlines’ plans. The companies, which were ready to announce a merger in February, have held off for two months in hopes the unions representing their […]

The Peak Oil Crisis: The First Shortages

Fuel prices alone are unlikely to bring America to its senses. It clearly will take outright shortages with lines at the pumps, curtailed deliveries and many other misfortunes before serious measures to deal with declining oil supplies Gasoline and diesel are two different animals in America. Most gasoline is used for personal travel and much […]

The future of solar-powered houses is clear

People could live in glass houses and look at the world through rose-tinted windows while reducing their carbon emissions by 50% thanks to QUT Institute of Sustainable Resources (ISR) research. Professor John Bell said QUT had worked with a Canberra-based company Dyesol, which is developing transparent solar cells that act as both windows and energy […]

Next-generation nuclear fuel may be too hot to handle: report

PARIS (AFP) – New high-efficiency nuclear fuel meant to burn longer and stronger may prove unstable in an emergency and hard to dispose of, according experts cited in a report published Wednesday. … A new generation of nuclear plants in the United States and Britain is poised to use reactors designed for “burn-up rates” of […]

Oil: old supply, young demand

The United States, China and India In a study published in a new book obtained by Emirates Business from the Abu Dhabi-based Emirates Centre for Strategic Studies and Research, Xu said the world was heavily reliant on what he described as ageing oilfields at a time when demand was growing fast, especially in China and […]

Pakistan: Fear reigns supreme as city hit with more mayhem

KARACHI: Violence paralysed civic life in the city on Wednesday. All activities were suspended, and traffic on major arteries came to a standstill for hours. Hundreds of thousands of private as well as public transport vehicles that could not make it off the roads in time remained stranded in massive traffic jams after riots erupted […]

Al-Naimi slams biofuels, favours solar energy

Saudi Arabia’s oil minister on Thursday slammed biofuels, saying they did not protect the environment or help supply security, but added solar power had to be considered one of the best clean energy sources. ‘Let’s be realistic, ethanol and biofuels will not contribute to the protection of the global environment by reducing (carbon dioxide) emissions, […]

Shell, Total eye Mexico oil law changes keenly

LONDON (Reuters) – European oil majors Royal Dutch Shell Plc and Total SA said they were keenly watching proposed legal changes in Mexico that could pave the way for investment by foreign companies in oil production. Shell’s head of exploration and production, Malcolm Brinded, said the fact the legal changes may not go so far […]

Kunstler: Rust and Sun

…The rest of the city center is emblematic of all the blunders that poorly-trained municipal planners have imposed all over America — overscaled office towers set back from the street behind meaningless landscaping fantasias, blocks of buildings that present blank walls to streets, and along one weird block, an extremely narrow sidewalk with new street […]

Blast rocks Yemen near oil HQ

No casualties reported as explosion rocks Sanaa overnight near offices of Canadian oil company. SANAA – An explosion rocked the Yemeni capital overnight near the offices of Canadian oil company Nexen, without causing any casualties, a security official said on Thursday. “An explosion took place (in the district of) Hadda, without causing any victims or […]

Analysis: Companies race for nuclear plant

The United States may soon see a resurgence in nuclear power–if the government approves any of the applications for new power plants currently piling up in record numbers. As of this month, nine different businesses have requested permission to build a total of 15 nuclear reactors from the Nuclear Regulatory Commission, which oversees U.S. nuclear […]

High-rise towers joined by wind turbines

Developers of Bahrain center hope they will produce 15 percent of power Taking architecture, and wind power, to new heights, developers of the Bahrain World Trade Center in Manama, Bahrain, flipped the switch to start three huge turbines set between two towers “We truly have pushed the boundaries of environmental architecture with this project,” Ole […]

More plastic than ever on Britain’s beaches

More discarded plastic is finding it way onto beaches than ever before, an annual survey has revealed. Plastic debris in the form of bottles, bags and lids made up almost 60 per cent of all litter found on beaches. The latest Marine Conservation Society (MCS) check revealed that plastic litter has increased by 126 per […]

Westinghouse wins first US nuclear deal in 30 years

Westinghouse Electric, the nuclear design and build firm sold by the British government two years ago, has won its first contracts in America for 30 years. The move underlines the worldwide renaissance of atomic power generation as a source of low-carbon energy. The Pittsburgh-based group, which has sought approval for its reactor design to be […]

The UK needs to rethink its ‘romantic’ energy policy or face disaster

“The UK is in a very bad situation. Roughly 40pc of its power is from coal, and 20pc from nuclear. It all needs to be replaced. But is anybody in the British Government out there making the case for clean coal? I don’t see anybody,” he said, speaking over a capuccino in Madrid. Dr Bernotat, […]

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