Are there just too many people in the world?

This is a column I don’t want to write. Its subject is ugly; it makes me instinctively recoil. I have chastised people who bring it up at environmentalist meetings. The people who talk about it obsessively have often been callous about human life, and consistently proved wrong throughout history. And yet… there is a grain […]

US will stop sending oil into strategic reserves

WASHINGTON — The Energy Department says it has canceled oil shipments into the Strategic Petroleum Reserve beginning in July when the current purchase contract expires. The move came days after Congress passed legislation requiring the president to suspend the shipment into the reserve in hopes of lowering gasoline prices. The Energy Department said it will […]

Saudi Arabia Says It Will Boost Oil Output in June

(Bloomberg) — Saudi Arabia, the world’s largest oil exporter, will increase crude oil production next month in response to customer requests. The country will raise output by 300,000 barrels a day to 9.45 million barrels a day in June, Saudi Oil Minister Ali al- Naimi said in Riyadh today, following a meeting between U.S. President […]

Worldwide Toyota Prius Sales Top One Million Mark

Toyota announced today that worldwide cumulative sales of the Toyota Prius Carpages

Trade minister urges EU to want Canada’s oil

Canada’s trade minister, itching for a free trade pact with a wary European Union, said on Thursday the EU should want to deepen its trade relations with Canada for its oil. “Canada’s an energy power,” Trade Minister David Emerson told a conference on the prospects of closer economic ties between Canada and the EU. And […]

New Challenges for BP in Russia

In recent years, the Russian state has renationalized large chunks of the energy sector, so it would surprise no one if TNK-BP were next in line. Yet the idea that the pressure on TNK-BP stems solely from the government is too simple for some people’s tastes. More recently, talk has focused on the theory that […]

Saudi Aramco, Conoco moving forward on refinery

Saudi Aramco and ConocoPhillips said on Friday that they would proceed with plans to build a 400,000 barrel-per-day refinery in Yanbu, Saudi Arabia, even as costs for new refining facilities soar. The plant is one of four that the world’s top oil exporter aims to build to boost domestic refining capacity by as much as […]

Venezuela Wants To Continue Selling Oil To US -Chavez

Venezuela’s President Hugo Chavez said Thursday that his government wants to continue its oil business relationship with the U.S., despite the difficult relationship between both countries. “We want to continue selling oil to the U.S. and we want to continue running refineries in the U.S,” Chavez told reporters after a televised press conference with the […]

Obesity adds to global warming, study finds

Obesity contributes to global warming, too. Obese and overweight people require more fuel to transport them and the food they eat, and the problem will worsen as the population literally swells in size, a team at the London School of Hygiene & Tropical Medicine says. This adds to food shortages and higher energy prices, the […]

Richard Heinberg: Saying Goodbye to Air Travel

The airline industry has no future. The same is true for airfreight. No air carrier has a viable plan to make a profit with oil at current prices Sir Richard Branson of Virgin Atlantic says he wants to use biofuels to power his fleet of 747

Oil sets record near $128; pump price at high, too

NEW YORK – Oil prices surged more than $3 Friday, shattering a previous record in a spike near $128 a barrel, as prices at the pump pushed to new highs of their own. The gains come 10 days before the Memorial Day holiday, the traditional start of the peak U.S. summer driving season, suggesting that […]

Time Running Out for Energy in Mexico

WASHINGTON — Mexican Energy Secretary Georgina Kessel’s warning to the Mexican Congress last week sounded ominous: If legislators did not approve reforms within the oil sector, the country would suffer a “severe energy crisis” within a decade. That’s probably an understatement. Mexico’s oil production is rapidly declining. The Cantarell oil field, one of the world’s […]

UBS Now Sees Oil Marching to $156 Yearly Average by 2012

Crude oil prices are set to steadily rise over the next four years and will take the earnings of major oil companies along for the ride, UBS told investors Thursday. The firm now sees crude oil prices averaging $115 a barrel this year and reaching an average of $156 a barrel in 2012. This will […]

Oil prices: Wall Street’s game

Big fund money is flowing into oil markets sending prices to levels never seen before. Is it profiteering or an essential way to ensure supply? NEW YORK (CNNMoney.com) — There’s no question about it, a new breed of speculator is pouring money into the oil market and helping drive prices to record levels. What’s less […]

Concern over small biomass option

Small-scale biomass power plants can have a greater environmental impact than other renewables, a study says. UK researchers found that although the facilities offered carbon savings, they produced more pollutants per unit of electricity than larger biomass plants.They suggested the way the feedstock was transported produced proportionally more pollutants than larger sites. The findings challenged […]

Peak Oil Doomsters debunked, end of civilization called off

Summary: a brief analysis of Matt Savinar …Does Savinar subscribe to the Psychic Hotline? Energy forecasts

White House says Saudi Arabia not hiking oil output: report

SAN FRANCISCO (MarketWatch) — The White House said that Saudi Arabia will not hike oil production, The Associated Press reported Friday. Saudi Arabia does not see enough demand from customers to hike its oil output, according to the AP. President Bush visited Saudi Arabia on Friday to ask King Abdullah for greater oil production, the […]

Oil industry beefing up storm plans

Rules designed to keep offshore facilities in place in hurricanes The U.S. offshore oil and gas industry is much better prepared to deal with hurricanes than it was in 2005, when major storms whipped through the Gulf of Mexico, damaging many offshore operations, government and industry officials said Thursday. Not only has the scientific knowledge […]

Oil production has peaked as demand soars

In 1998, oil cost $10 per barrel and experts said the price would return to $5 per barrel, but it never happened. Many people believed we had huge oil fields that would never run dry, and that new fields would meet our growing demands. Ten years later, the evidence is beginning to align to tell […]

Gas costs push commuters to park and pedal

More commuters are turning to bicycles today for national Bike-to-Work Day as gas prices continue to reach record highs. “It’s going to be the biggest yet,” says Bill Nesper of the League of American Bicyclists, which promotes May as national Bike Month. “Our phone is ringing off the hook. We’re getting lots of calls from […]

Biofuels and the Rise of Nationalistic Environmentalism

The rapid expansion of biofuel production worldwide has paralleled a dramatic rise in food prices. The expansion of biofuels has been supported by a wide spectrum of people, from environmentalists looking for “sustainable” energy to conservatives wanting to reduce U.S. dependency on foreign oil. With food riots spreading, the U.S. remains committed to an expansion […]

Debate over solar energy in Germany lowers outlook

Thanks to its aggressive push into renewable energies, a cloud-wreathed Germany has become an unlikely world leader in the race to harness the sun’s energy. It has by far the largest market for photovoltaic systems, which convert sunlight into electricity, with roughly half of the world’s total installed capacity. And it is the third-largest producer […]

Controls on biofuel vital to help stop forest destruction

The European Union must adopt strict environmental controls for biofuel production, Greenpeace warned on the eve of the EU-Latin America V Summit being held in Lima, Peru on 16 May (1), large scale production of biofuels threatens the region’s forests and other natural environments, which are vital to tackling climate change. Today, 10 Greenpeace activists […]

Honeywell to test biofuel for jets

Phoenix-based Honeywell Aerospace has formed a partnership with Airbus, JetBlue Airways and others to find a way to make jet fuel from renewable sources, such as algae and a hearty arid plant called jatropha. The technology could help break the airline industry’s tie to high-cost fossil fuels, leading to more profitable operations and lower fares. […]

Coal plant pollution threatens U.S. parks – report

U.S. regulators are proposing to weaken air quality laws, which would allow new coal-fired power plants to pollute U.S. parks from Shenandoah in Virginia to the Great Basin in Nevada, a new report said on Thursday. Amid rising power demand and flat U.S. natural gas output, electricity generators are seeking to build power plants fired […]

Green Giants: World’s biggest clean-energy projects

The Middle East is hardly known as the capital of clean energy, but Bahrain and the United Arab Emirates are trying to change that. A few weeks ago, 100-foot-wide (30.5-metre) propellers began turning on the recently completed World Trade Center building, making Bahrain home to the world’s first building-integrated wind turbine skyscraper. The building includes […]

Bush asks Saudis to increase oil production

President Bush is appealing to oil-rich Saudi Arabia to increase production just as oil prices have hit another record high. As U.S. consumers cope with rising prices at the gas pump, Bush is on a one-day visit to Saudi Arabia for another burst of diplomacy with King Abdullah.Bush acknowledges that raising output is difficult because […]

IEA: OECD Economies’ Oil Demand To Fall

Airline fuel managers suffering from jet fuel costs equivalent to $170 per barrel can expect no relief for the rest of the year, even though overall demand for oil in the world’s developed economies is expected to contract 2.8%. Demand for oil in the large, developed economies of the world should fall for the balance […]

Canadian dollar rises above US$ as oil prices rise

The Canadian dollar moved above the U.S. dollar on Friday and was on pace for a second straight weekly gain as the commodity-linked currency drew support from higher oil prices. Domestic bond prices, with no key Canadian economic data to consider, were lower across the curve following a surprisingly strong piece of U.S. housing data.Part […]

Does not a doubling of oil prices need a fitting response?

If the price of beans doubles, most shoppers at the local vegetable market will have no hesitation to switch to the cheaper green vegetable and will tell the vendor so in no uncertain terms. If the price of staples such as potato or onion doubles, they may be as unequivocal; nevertheless they will buy smaller […]

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