Some commuters rethink where they call home

Camisha and Kenneth Champ of Culpeper, Va., were spending more than $100 a week to drive their Toyota Corolla 90 minutes each way to their jobs in Fairfax, Va. “We were just working to pay for gas,” says Camisha Champ, a hospital scheduler. They keep their Lincoln Navigator in the garage because it costs too […]

ANALYSIS – World begins to smart from oil’s too rapid rise

LONDON (Reuters) – From the poorest of Africa to the United States and big business, a breakneck rally that could take oil to $200 a barrel is likely to inflict pain on everyone. The world was remarkably resilient to a series of record prices in 2007, but a roughly 30 percent rise since the end […]

For Sale: Machine To Make Home-Made Ethanol

NEW YORK – A new company hopes drivers will kick the oil habit by brewing ethanol at home that won’t spike food prices. E-Fuel Corp unveiled on Thursday the “MicroFueler” touting it as the world’s first machine that allows homeowners to make their own ethanol and pump the brew directly into their cars.The portable unit […]

Stop whining, Schwarzenegger tells carmakers

Create technologies to meet tougher Calif. emissions, governor says SACRAMENTO, Calif. – Gov. Arnold Schwarzenegger met privately with seven auto executives over California’s attempt to impose strict emission rules, but let it be known publicly that he told the carmakers to stop whining and start producing. The Republican governor met Thursday with the executives, who […]

U.S. last on country list of eco-consumers

Brazil and India top the ‘Greendex’ commissioned by National Geographic WASHINGTON – Brazilians and Indian consumers ranked the most environmentally friendly in a new study that put Americans in last place. Indians and Brazilians each scored 60.0 points on the new “Greendex,” announced Wednesday by the National Geographic Society. Americans scored 44.9 points in the […]

Canada: Food fears

As oil and climate change drives up food prices around the world, Vancouverites will not be immune from the escalating squeeze on pocketbooks At Dollar Foods on Commercial Drive, manager Quoc On is busy in the back supervising the arrival of a food shipment. The aisles are jammed with hungry customers, the lineup at the […]

Gas jumps above $3.67, oil passes $126 on Venezuela concerns

NEW YORK – Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an average $3.67 a gallon at the pump, following […]

OTC: ‘There is plenty oil in the world’ – Sandrea

There is no oil scarcity in the world, “there is plenty of oil in the world”, Dr. Rafael Sandrea, president of IPC Petroleum Consultants Inc., a Tulsa base International consulting firm, speaking at a press conference at the OTC energy conference in Houston, on Wednesday, insisted. …Contrary to the case of scarcity of oil reserves, […]

Russia foreign investors unfazed by rows with West

LONDON (Reuters) – With oil at more than $125 per barrel and growth booming, foreign investors in Russia are finding it easy to turn a blind eye to disputes with the West and increasingly bellicose rhetoric over Georgia. Moscow expelled two U.S. military attaches on Thursday following the ousting in recent months of two Russian […]

Ask AP: Leaded gas and college football poll votes

The world appears to have an insatiable thirst for oil. Millions of barrels of oil are pumped from the Earth each day, but does anyone know the “replenishment” rate? Is the prospect of depleting all the Earth’s oil a legitimate concern, or is new oil being created at a rate which will sustain us “forever”? […]

Gas prices hit 2nd straight daily record

Pump prices jump to another all-time high as crude keeps up record run; farmers among those feeling hardest hit. …The high price of gas has burdened motorists and truckers. It’s also put the squeeze on thousands of farmers. They drive tractors up and down row after row of field after field to plow, seed and […]

Gas prices rattle Americans

Record high gas prices are prompting Americans to drive less for the first time in nearly three decades, squeezing family budgets and causing major shifts in driving habits, federal data and a USA TODAY/Gallup Poll show. As prices near Americans worry that steep gas costs are here to stay: eight in 10 say they doubt […]

Metal Thefts in Yorkshire UK

POLICE officers in West Yorkshire are on their To get across the message, Kirklees Crime Reduction Officer, Pc Roger Day has released a video on YouTube offering advice on how to avoid becoming a victim. In the video, he asks neighbours to work together to frustrate the criminals. Huddersfield Daily Examiner

Oil execs see $100-or-less cost by year

55 percent predict drop; 44 percent to raise spending on exploration HOUSTON – Even as oil prices ascended to new highs of more than $124 a barrel this week, many oil and gas industry executives say they expect the price to fall significantly by year Nine percent said they expect the price to close the […]

NYMEX: Speculators Aren’t Driving Oil Market

Democrats in the U.S. Senate are looking beyond a summer gasoline tax holiday to focus on broader oil market fundamentals. Yesterday, Senate Majority leader Harry Reid [D-Nev.] unveiled the Consumer-First Energy Act, which calls for a revocation of tax breaks to big oil companies, a windfall profit tax and a cap on additions to the […]

UK: Thefts of heating oil rise

THE soaring price of fuel has prompted a surge in thefts of domestic heating oil from tanks outside homes and farms across the region. North Yorkshire Police say there have already been 27 such thefts across the county so far this year, compared with only six in the same period last year. A spokeswoman said […]

India: Coal situation worsens at thermal stations

Nearly a third of the country’s thermal stations are now reported to be facing “critical stocks”, where coal stocks are expected to last less than seven days. Of the 77 thermal stations in the country, 25 have now been bracketed as having “critical stocks”, of which 13 are reported to be “super critical”, with precariously […]

Germany Warns Of Economic Risks From Species Loss

Nations must act to slow extinction rates, German Environment Minister Sigmar Gabriel said on Thursday, arguing the loss of species threatened food supplies for billions of people. Just 10 days before the start of a UN summit on biodiversity in the western city of Bonn, Gabriel told the German parliament that both industrialised and developing […]

Peru’s Tribal Land Protected From Gas Concessions

Indigenous rights groups praised Peru’s petroleum agency on Thursday for excluding areas where isolated tribes live from an auction of oil and gas concessions. Rights groups say the decision is a turnaround for Perupetro, which previously had indicated it might open up the protected areas for bidding.“This decision acknowledges a certain standard … that there […]

Go Easy On Biofuels Until More Clarity – World Bank

A senior World Bank official said on Thursday that countries should not greatly increase biofuels production until there is more clarity about how much they have contributed to the global food price crisis. Juergen Voegele, director for agriculture and rural development department at the World Bank, cautioned against shifting a lot of the blame to […]

Tasmania poised for oil, gas bonanza

US exploration company Empire Energy Corporation yesterday unveiled a $31 million program to drill up to eight test wells at key locations in an exploration lease covering 23 per cent of the state. It also released an independent expert’s prediction that the lease could hold between 67million and 145million barrels of oil and between 344billion […]

Return of the population timebomb

Only since 1800, in the last 0.01 per cent of the history of Homo sapiens, has the human population shot into the billions. Now at nearly 6.7 billion, with 9 billion looming 40 years away, few environmentalists seem to care. Yet the population-environment link is clear. Our environmental impact, as gauged by total resource consumption […]

South Africa: The Poor Fly Under the Solar Water Heating Radar

Earlier this year, IPS reported that the South African coastal city of Cape Town was debating a “first of a kind” bylaw that would make solar water heating compulsory for relatively costly new buildings, and certain renovations. This got us thinking: what of solar water heating for less expensive structures — especially homes being built […]

Africa: From Kerosene to the LED, O-Hub And O-Box

In many of Africa’s towns and villages, smoky kerosene lamps are all that keeps the darkness at bay after sunset. However, kerosene is a dangerous and increasingly expensive source of light for Africans who do not have access to electricity — about three-quarters of those living on the continent, according to the World Bank. Lighting […]

Japan Airlines says back in profit, but sees drop ahead

Japan Airlines Corp. said Friday that it had returned to profit in the year to March after two straight annual losses, but forecast a 23 percent drop in earnings this year amid high fuel costs. Asia’s largest carrier has moved to restore its financial health by slashing thousands of jobs, scrapping unprofitable routes and stepping […]

Ensuring the Future of the Oil and Gas Industry

The energy industry needs no crystal ball to get a glimpse into the future. In addition to upcoming projects, discoveries and technologies, oil and gas companies clearly see the immediate and long-term need for employees. A major topic of discussion at OTC 2008, the industry is undertaking a number of initiatives to encourage and ensure […]

Oil hits yet another fresh high

Crude oil has hit yet another all-time high in early Friday trading. Driven by surging demand and continuing supply concerns, US light crude touched $124.70 a barrel in Asian exchanges, up $1.01 from Thursday’s close. Meanwhile, London’s Brent crude was up 85 cents to $123.69 from Thursday’s record $122.84 close. BBC

Confronting the inevitable: Population reduction, voluntary and otherwise

Editor’s note: One can run into a good report on a critical subject, only to find the author has a deficit of understanding on peak oil, for example. Or one may encounter the delusion that population growth is a problem basically in “Third World” countries. Not with this new essay for Culture Change. Professor Ken […]

Michael Klare: Portrait of an Oil-Addicted Former Superpower

How Rising Oil Prices Are Obliterating America’s Superpower Status Nineteen years ago, the fall of the Berlin Wall effectively eliminated the Soviet Union as the world’s other superpower. Yes, the USSR as a political entity stumbled on for another two years, but it was clearly an ex-superpower from the moment it lost control over its […]

The Peak Oil Crisis: Transiting to Transit

With crude oil now above $120 a barrel and threatening to go higher, it is clear that our preferred and convenient means of going places, our car, the airplane and the rental car soon are going to be parked because they will be too expensive to operate. Like it or not, most of us are […]

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