Adapt or die: Future of big SUVs

Large trucks and SUV will be still be needed in 5 to 10 years. But they’ll need to change. NEW YORK (CNNMoney.com) — Until recently, big SUVs had resisted the sales declines hitting their smaller, mid-size brethren. That was because large SUV drivers were hard-core – they really needed interior room and pulling power, and […]

Fuel prices: Over a barrel

When it comes to the future direction of oil prices, market watchers are as divided as Lilliput and Blefuscu, the fictional island nations in Gulliver Market bears, on the other hand, think oil is boiling like a pot of overdone eggs.

We are living in the future shock

Climate change, terrorism, financial instability, peak oil, soaring food and fuel costs… whatever happened to the future? According to the predictions of my childhood, by now I should be flying to work in an air car and have partially lost the use of my legs due to labour-saving technology rendering physical effort redundant; inter-planetary travel […]

U.S. cities promote bicycling as gas prices soar

PHILADELPHIA (Reuters) – U.S. cities that have long promoted bicycle use by commuters are now seeing a steady rise in the popularity of pedal power as gasoline prices soar. Campaigns originally designed to cut down on traffic and pollution are now paying off for people looking for an option to driving with national gas prices […]

‘North Sea oil will last for 100 years’

The north sea will continue to provide oil for another 100 years, twice as long as previous estimates, according to industry analysts. Dr Richard Pike, a former oil industry consultant and now the chief executive of the Royal Society of Chemistry, said: “Rather than only getting 20 to 30 billion barrels [from the North Sea] […]

Oil crisis:

Queues at petrol stations may be a chilling taste of things to come. Prices are soaring, experts warn of shortages ahead, and some say the world is running out of fuel. Already people are getting out of their cars and finding other ways to travel, while less scrupulous drivers are stealing diesel. Has the motor […]

Oil: does anyone know which way the wind blows?

Abdullah al-Badri is about to become a very familiar name Next Sunday, Mr Badri and the Saudi Arabian government will host a meeting of oil companies, global leaders

High oil prices are based on fundamentals not speculative bubbles

This weekend, UK motorists are queuing at petrol pumps as Shell tanker drivers take strike action. Violence has flared up on the Continent – with hauliers and fishermen railing against the fuel costs they say are crippling their trade. Across the world, in fact, high oil prices are now sparking protest – with demonstrations as […]

Learning From the Oil Shock

The world may have arrived at the equivalent of Peak Oil. Old fields are in decline, while governments limit new oil projects. We all know that gasoline is at $4 a gallon and oil is at $135 a barrel. But if you think that’s the end of the story, don’t talk to economist Jeffrey Rubin […]

Saudis Will Increase Oil Output

Saudi Arabia, the world’s biggest oil exporter, is planning to increase its output next month by about a half-million barrels a day, which could bring Saudi output to its highest-ever production level. The move was seen as a sign that the Saudis are increasingly nervous about the political and economic effect of high oil prices.

NY Times

What is the Real Cost of Fossil Fuels?

In my opinion, This is a problem that CANNOT be ignored and must be addressed rapidly, with a detailed long term plan that MUST be based upon a comprehensive accurate evaluation and assessment. There is still time to move forward, but time is running out and we have to stop with the politics as usual […]

Brzezinski: Russia after BTC pipeline

WASHINGTON, June 13 (UPI) — Russia’s clash with the former Soviet republic of Georgia is a move to control the Baku-Tbilisi-Ceyhan pipeline, Zbigniew Brzezinski told the U.S. Senate. Brzezinski testified before the Senate Foreign Relations Committee meeting on Central Asian and European energy issues. The hearing, “Oil, Oligarchs and Opportunity: Energy from Central Asia to […]

Environmental Skeptics Are Overwhelmingly Politicized

A review of environmental skepticism literature from the past 30 years has found that the vast majority of skeptics, often identified as independent, are directly linked to politically oriented, conservative think tanks. The study, published in this month’s issue of Environmental Politics, analyzed books written between 1972 and 2005 that deny the authenticity of environmental […]

Bombing Iran? It’s Not So Bad, Really

Patrick Clawson and Michael Eisenstadt, two Iran experts at the pro-Israeli thinktank, the Washington Institute for Near East Policy, have published a primer for bombing Iran that looks at the costs and consequences. It’s called “The Last Resort,” but it might have been called “Making the Unthinkable Thinkable.” They make it look easy. Would Iranians […]

Gas Station Owner Joins Wisconsin Protest

With gasoline costing $4 a gallon, more than 20 union members rallied in front of a Madison gas station yesterday to protest John McCain The gas station owner came outside and, instead of asking the protestors to leave, told them the skyrocketing gas prices had hurt his business. He even picked up a sign and […]

Iraq Energy Expo

It is my pleasure to invite you all to the IRAQ ENERGY EXPO AND CONFERENCE, October 17-19, 2008. The year 2008 marks a tremendous new opportunity for investment in Iraq As a result of this momentous achievement, and on behalf of the Iraqi Government and the Ministry of Oil, we would like to invite all […]

Turning Iraq into a US protectorate

According to The Independent, the Bush administration is seeking to sign a security agreement with the Iraqi government by the end of next month. The so-called “strategic alliance” gives the US permanent military bases, control of Iraqi airspace and the right to pursue its “war on terror” inside Iraq without consultation with the Iraqi government. […]

House bill would make DOE form oil-market study group

WASHINGTON, DC, June 13 — US House Energy and Commerce Committee Chairman John D. Dingell (D-Mich.) introduced a bill on June 11 to make the US Department of Energy form an interagency working group to identify factors influences crude oil and product prices. A day earlier, the Commodity Futures Trading Commission announced that it had […]

Global Limits Of Biomass Energy

Biomass energy In the February Trends in Ecology and Evolution, Global Ecology director Chris Field, with postdoctoral fellow Elliott Campbell and a colleague, took a sober look at the prospects for biomass energy. They found that while biomass has many benefits

Energy costs drive up US inflation

US consumer price inflation rose at its fastest rate since November 2007 on the back of surging oil and energy prices whilst consumer confidence plummeted to its lowest level in nearly 30 year. The US Labor Department said prices increased by 0.6% in May, which was higher than analysts expected. Core prices, which exclude food […]

US and China to announce energy – environment deal at economic talks next week

WASHINGTON (Thomson Financial) – The US and China will announce an agreement on energy and the environment at their Strategic Economic Dialogue (SED) meeting next week, a senior Treasury official said today. Ambassador Alan Holmer, the Treasury’s special envoy for China, told reporters the agreement would cover clean air, clean water, clean and efficient production […]

Farther, deeper, colder is now the mantra as crude producers scour the globe

But new finds require costly technologies – ones that only a high oil price can sustain OTTAWA — If Saudi Aramco’s $7-billion (U.S.) Khursaniyah oil project had come on stream at the end of 2007 as scheduled, the world economy might not be staggering under $135 crude prices. The planned 500,000 barrels a day of […]

Saudis silent on reports they will increase oil production by 500,000 barrels

RIYADH, Saudi Arabia – Saudi officials are refusing to immediately confirm news reports that the world’s largest oil-producing country is set to raise production by about 500,000 barrels a day. However, an adviser to Saudi Oil Minister Ali al-Maimi says his boss plans to comment on the report Sunday. The New York Times and the […]

Argentina vows to clear roadblocks amid farm row

BUENOS AIRES (Reuters) – Argentine truckers protesting a drawn-out conflict between the government and farmers continued to block roads on Friday, paralyzing cargo traffic and increasing the threat of fuel and food shortages. Trucks carrying grains, milk, food and other goods sat parked on highways as truckers demanded an end to a three-month farm dispute […]

Why is Capitalism Failing Us?

Our critical human needs are not being met by our capitalist economy that is now pervasive throughout the planet. We humans do not have adequate medical care. A very large percentage of us humans cannot get enough food at a price we can afford, so that millions are dying and millions of others are malnourished. […]

Green Cottage: eco-renovation of a 100-year-old Victorian end-terrace

This is a guest post from Andy Hunt. It’s an inspiring account of what can be done today with a modest property to live efficiently and maintain a degree of energy security. Our house was built around 1900. It is an end-terrace house with 2 bedrooms, located in an inner-city area in Bury, Lancashire, UK. […]

US government allows oil and gas companies to annoy threatened polar bear

WASHINGTON: Less than a month after declaring polar bears a threatened species because of global warming, the Bush administration is giving oil companies permission to annoy and potentially harm them in the pursuit of oil and natural gas. The Fish and Wildlife Service issued regulations this week providing legal protection to seven oil companies planning […]

Mexicans want to know where oil money has gone

An expected bonanza for Mexico’s state-run oil company hasn’t happened, and conspiracy theories are rampant. MEXICO CITY But the Mexican government announced last month that not only was there no surplus oil money, but that Pemex, Mexico’s nationalized oil company, had actually lost nearly $1 billion in the year’s first three months. It didn’t take […]

Ocean changes may trigger US megadrought

CALIFORNIANS will hope the drought in their state won’t last as long as the parched period that afflicted North America from AD 800 to 1250. Even if it passes, global warming may yet hasten another 500-year “megadrought”. Song Feng and colleagues at the University of Nebraska at Lincoln built a climate model to simulate the […]

UK: Fuel strike begins to hit supply

A strike by hundreds of Shell tanker drivers has begun to hit fuel supply in parts of England, Wales and Scotland. Demand was up 25% entering the strike’s second day, although only just over 1% of petrol stations have closed because of shortages, the government says. BBC News website readers have reported supply problems in […]

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