Scientists find bugs that eat waste and excrete petrol

He means bugs. To be more precise: the genetic alteration of bugs

China’s carbon emissions soaring past the US

China’s carbon emissions are soaring past those of the US, new figures reveal, making it the dominant country in the global warming debate. Chinese carbon dioxide pollution rose by 8% in 2007 and was responsible for two-thirds of the year’s total increase in global CO2 emissions, according to experts at the Netherlands Environmental Assessment Agency. […]

G8 ministers see oil prices as threat to world stability

The world’s most powerful economies will warn tomorrow that the spiralling cost of fuel and food pose a threat to the low inflation and strong growth enjoyed by the west for the past decade and a half. A draft of the communique from G8 finance ministers and central bank governors meeting in Osaka, Japan, will […]

US airline catastrophe looms under record oil prices: study

WASHINGTON (AFP) – The US airline industry is heading for a crash as record oil prices threaten to push several carriers into bankruptcy, threatening “our American way of life,” an industry study said Friday. “As a consequence of the skyrocketing price of oil, the US commercial aviation industry is in full-blown crisis and heading toward […]

Diesel urgently needed for Myanmar farmers to plant rice: UN

BANGKOK: Myanmar’s farmers urgently need one million gallons (4.5 million litres) of diesel fuel to plough their rice paddies and help feed cyclone victims in coming months, the United Nations said on Friday. Noeleen Heyzer, executive secretary of the UN Asian economic body ESCAP, called on neighbouring countries, donors and oil suppliers to help as […]

Saudi crude sale to Asia limited by

SINGAPORE: Saudi Arabia may find itself unable to fully serve its crude oil customers in Asia, the most important market for Middle East producers, as refiners are reluctant to accept the grades being offered. Asian refiners want increased supplies of the lighter grades of crude to produce more expensive cleaner-burning fuels while Saudi Arabia is […]

Turn lights off, New Zealanders told, as drought hits power plants

New Zealanders are to be urged to wash dishes by hand and turn off some of their household lights as the country teeters on the brink of a power crisis caused by drought. After two years of dry weather the low level of water in lakes that drive New Zealand’s hydroelectric power plants is causing […]

The Balloon Goes Up: Are We At A Peak Oil Tipping Point?

The peak oil balloon, it may appear, is finally going up. Not only have we seen obvious signs like the highest oil price rise in history on June 6 (coincidentally the anniversary of D-Day which began the liberation of Europe in the Second World War), but Gordon Brown, accidental Prime Minister of a former oil […]

Iraqi Kurd oil exports possible

The pipeline that could pump northern Iraqi oil for export is nearly complete but empty, ending for now in the soil near the borders with Syria and Turkey, on the side of a dirt road. Across the dirt road are the buried pipelines that carry oil from Iraq’s second-largest oil hub, Kirkuk, to the Iraqi […]

Even the Antarctic winter cannot protect Wilkins Ice Shelf

Wilkins Ice Shelf has experienced further break-up with an area of about 160 km This animation, comprised of images acquired by Envisat

Jeremy Leggett: Spoiling the barrel

BP’s review of global reserves is tainted by ‘political’ oil, and distorts our view of future supply As the oil price probes ever higher, people are increasingly wondering if supply can keep meeting demand, even in a world abandoning its Hummers and Ryanairs. The publication on Wednesday of BP’s annual statistical review of world energy […]

Out of Gas

For the last three decades, I have photographed abandoned filling stations, mostly in American ghettos. For me, they evoked the vision of the end of a gas-based world. In the beginning, this vision was largely confined to disadvantaged neighborhoods. Not anymore. Today, with gasoline prices at record levels, the fragility of a lifestyle, economy and […]

Boone Pickens: U.S. In Energy Crisis

HOUSTON, June 12 /PRNewswire/ — Billionaire oilman T. Boone Pickens says energy is in a crisis in the U.S. and should be the No. 1 campaign issue for the presidential candidates. Pickens spoke at Oil and Gas Investor’s Energy Capital Forum in Houston Tuesday. “Energy is not a debate; it’s a crisis for this country,” […]

Exxon to exit U.S. retail gas business

NEW YORK (Reuters) – Exxon Mobil Corp said on Thursday it is getting out of the retail gas business in the United States as sky-high crude oil prices squeeze margins. Those branded service stations may be the most public aspect of Exxon’s business, but they account for a small part of the company’s profits. Out […]

What will happen to the oil price?

What are the analysts saying? For years analysts have been behind the curve on oil prices as oil blistered past predictions of $40 a barrel, then $65 a barrel. But now that it has hit a record high (even adjusting for inflation), suddenly everyone seems to be long oil. Goldman Sachs energy strategist Argun Murti […]

Living off the Land

LOUDOUN CO., Va. (WUSA) — In an age when food prices are up, and gas prices are soaring, one family in our area isn’t complaining. They’ve figured out how to live efficiently and save money. William Stewart says, “It does take quite a bit of work to make a dent in the grocery bill.” But […]

Eliminating Subsidies Won’t Cut It (Demand for Oil That Is)

Cheap gas and diesel due to government fuel subsidies has become one of the favored whipping boys of late Fuel subsidies are currently in place for nearly half the world

Cheney’s false comment on oil drilling attacked

WASHINGTON (AP) — Vice President Dick Cheney’s office acknowledged on Thursday that he was mistaken when he asserted that China, at Cuba’s behest, is drilling for oil in waters 60 miles from the Florida coast. In a speech to the U.S. Chamber of Commerce, Cheney said on Wednesday that waters in the eastern Gulf of […]

Michael T. Klare: US garrisons and global gas stations

American policymakers have long viewed the protection of overseas oil supplies as an essential matter of “national security”, requiring the threat of – and sometimes the use of – military force. This is now an unquestioned part of American foreign policy. On this basis, the George H W Bush administration fought a war against Iraq […]

The Algae Attraction

Clean coal is an imperative. Some breakthrough technologies to achieve that goal now exist while others are years away. One such concept is to use waste carbon emissions from power plants to grow algae, which is subsequently converted to energy and because those releases would re-cycled, carbon dioxide emissions would be cut in half. Views […]

Wasteland of profit and greed

What has happened to food production in the developed countries? A large percentage of it now goes into making biofuels. To be honest, it’s not only developed countries that are diverting grains and other food products into the making of ethanol. Many developing nations are doing so too. But the hunger for fuel is still […]

”The End of Food”: Setting fewer plates at the world’s table

When the next administration is confronted with tough decision-making on the crucial issue of how to feed the planet’s 6.5 billion people, it will come as no surprise to anyone who has read “The End of Food.” by Paul Roberts. …With his prescient 2004 book, “The End of Oil,” Paul Roberts proved his ability to […]

UK: Brown calls for global talks to tackle oil and food price crisis

Gordon Brown promised yesterday that he would make the high prices of oil and food important areas of discussion in the forthcoming EU Council in Brussels and the G8 Summit scheduled for early July. Mr Brown also said that later this month he will jointly launch a summit in Saudi Arabia with King Abdullah on […]

Fatih Birol Offers the World an Oil Health Check, and the prognosis isn

Every year the IEA publish their What follows is an interview he gave recently in International Politik, the Journal of the German Council on foreign Relations. If ever there was an example of a man with bad news to break breaking it in the most straightforward way possible and not mincing his words, this is […]

Investing In a Resource – Constrained World (Part V)

Unlike most Peak Oil advocators who are extremely pessimistic, I am an optimist. I was pessimistic the first time I learned the Peak Oil concept. But the knowledge of the Malthus Theory actually turned me into an optimist. Humanity has faced many many crises before, each of which could have wiped out humanity from the […]

Fusion Quest Goes Forward

Emc2 Fusion’s Richard Nebel can’t say yet whether his team’s garage-shop plasma experiment will lead to cheap, abundant fusion power. But he can say that after months of tweaking, the WB-7 device “runs like a top” – and he’s hoping to get definitive answers about a technology that has tantalized grass-roots fusion fans for years. […]

Learning to live with sky-high oil

Consumers and business go green while governments worryUnlike the energy crises of the 1970s, when the oil price spike was temporary, analysts say high energy prices could be here to stay. A sustained price increase will hit businesses and consumers on almost every conceivable level, and living with this could change global behavior for good. […]

South African coal to Europe hit new price high

Prices of prompt South African coal cargoes FOB Richards Bay and coal delivered into Europe hit fresh records for the second time this week on strong demand and tight supply. Surging API2 and API4 coal swaps values, in line with high oil and other energy markets, also boosted physical coal prices.This week most days have […]

UK: Climate change protesters hijack coal train

Climate change campaigners daringly hijacked a train carrying coal to Britain’s biggest power station at 8am this morning, swarming on to the roof of its 20 huge trucks. The 40 protesters stopped the regular delivery service to Drax in Yorkshire disguised as railway workers in yellow warning jackets and waving red flags, having read up […]

PetroChina says demand causing diesel shortage, oil majors not to blame

The latest round of diesel shortages on the Chinese market is due to heavy demand and cannot be blamed on the activities of the country’s big two oil companies, said a spokesperson for PetroChina. As reported by the Beijing Daily, Tian Jinghui, deputy head of PetroChina’s retail division, said the shortages are not the result […]

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