KUZUMAKI, Japan (AFP) – In the mountains of northern Japan, wind, sun and even cow dung are being turned into electricity as part of efforts to turn a whole town into an experiment in renewable energy use. The town is a sprawling laboratory for the whole of the archipelago, which has almost no fossil fuels […]
I have given a lot of thought to the issue of opening up new areas for drilling in the Outer Continental Shelf (OCS) and in the Arctic National Wildlife Refuge (ANWR). My position has always been to leave that oil in place for a very rainy day. I wanted to see major conservation efforts in […]
The world’s top oil producers are currently proving unable to generate more barrels on demanding world markets, despite surging prices There are several reasons behind the net-export decline. Soaring profits from high price crude have fueled a boom in oil demand inside Saudi Arabia and across the Middle East, leaving less oil for export. At […]
MOSCOW (RIA Novosti) – Russian S-300 air-defense missile systems would enable Venezuela to fully ensure the security of its hydrocarbon resources, a Russian military expert said Thursday. “Needless to say, should S-300s be delivered to Venezuela, they would effectively strengthen its defense capability, and it would not be easy for its possible adversaries to punish […]
The Arctic may hold 90 billion barrels of oil, more than all the known reserves of Nigeria, Kazakhstan and Mexico combined, and enough to supply U.S. demand for 12 years, the U.S. Geological Survey said.
One-third of the undiscovered oil is in Alaskan territory, the agency found in a study released today. By contrast, a geologic formation beneath the North Pole claimed by Russian scientists last year probably holds just 1.2 percent of the Arctic’s crude, the U.S. report showed.
TRIPOLI (Reuters) – OPEC member Libya is halting oil shipments to Switzerland in protest at the arrest of a son of Libyan leader Muammar Gaddafi, workers of state-owned Maritime Transport National Corporation said on Thursday. All ships carrying Swiss-made goods are barred from unloading their cargoes at Libyan ports, they added in a statement issued […]
NEW YORK (AFP) New York’s main contract, light sweet crude for September delivery, dropped a hefty 3.98 dollars to close at 124.44 dollars a barrel. Agence France-Presse
As Al Gore remarked in his landmark speech this past Thursday, the United States has the potential to generate all of its electricity from renewable resources within its borders. […]According to the Energy Information Administration, the average American consumes about 920 killowat-hours of electricity per month. So where, exactly, will all this energy come from? […]
PARIS (Reuters) – Around 100 staff at a nuclear power plant in southern France were contaminated with a low dose of radiation on Wednesday, power firm EDF said, the latest incident there after a case of uranium spillage two weeks ago. EDF said in a statement that sensors detected a rise in the level of […]
Administration’s proposed rules renew environmental, technology debate SALT LAKE CITY – The Bush administration’s push Tuesday to speed up development of oil shale in the Rocky Mountains runs headlong into Colorado and Wyoming leaders, who say the environmental costs are too high and the technology unproven. The Interior Department unveiled proposed regulations Tuesday for a […]
VANCOUVER, British Columbia (Reuters) – A coalition of U.S. states and Canadian provinces that have banded together to cut greenhouse gases will launch their carbon cap and trade system in 2012, according to a draft plan released on Wednesday. The Western Climate Initiative’s system will be phased in starting with industrial process emissions, with emissions […]
HELSINKI (Reuters) – After the wikipedia, the wikicar. “eCars – Now!” is a Finnish Internet community seeking to apply the collective approach taken by online collaborators like the authors of Wikipedia to start converting used petrol-fuelled cars to electric ones, with the first roll-out due this year. The Finnish-language forum claims to be first of […]
In a world increasingly concerned with energy costs and supply, so-called clean coal has arisen as a possible solution. While coal has been viewed by many as an old fashioned fuel source, bringing to mind images of smog-filled towns and blackened industrial wasteland, businesses and politicians are encouraging more investment in clean coal technology that […]
WASHINGTON — The House passed legislation that would steer $8 billion to highway projects next year, in a prelude to a broader debate over how much to invest in roads, bridges and other transportation infrastructure. The bill passed Wednesday is essentially a stop-gap measure designed to plug a gap between fuel-tax revenue flowing into the […]
Peak oil * Definition: The maximum volume of oil production achievable, after which output begins an irreversible decline. Sometimes called Hubbert’s peak or the Hubbert curve for U.S. geophysicist Marion King Hubbert, who in 1956 theorized that oil production follows a bell-like curve and accurately predicted that U.S. oil production would top out between the […]
PEAK Oil, the invention of a retired oil industry executive, has for years now fuelled a healthy conference circuit and at the same time played havoc with the oil markets. A simple enough doctrine, it states that Peak Oil is the point in time when the maximum rate of global petroleum extraction is reached, after […]
Long Term Effects of Soaring Energy Prices DR. TARTER IS HOPEFUL… “There’s probably some coalition that, if we could unburden ourselves from the political ramifications, could look at this. Boone Pickens said, address it like the Manhattan Project of the 1940’s… KUNSTLER’S VIEW IS DARKER… “How are we going to produce our food differently. how […]
“Lisa, the whole reason we have elected officials is so we don’t have to think all the time. Just like that rainforest scare a few years back. Our officials saw there was a problem and they fixed it, didn’t they?” — Homer Simpson On June 24, 2008, Louie and I curled up on the couch […]
As fertilizer prices continue to soar, crop producers may be turning to manure for their fertility needs. Manure management will be the focus of a one-day event, being held this summer at the Molly Caren Agricultural Center in London, Ohio. The 2008 Great Lakes Manure Handling Expo will take place July 9. The event is […]
“Demand Demolition” NEW YORK (Reuters) – Investment bank Lehman Brothers said Wednesday it slashed its forecast for 2008 world oil demand growth due to a steeper-than-expected slowdown in energy consumption in the United States and other OECD countries. Lehman added it believes the oil market is “approaching a tipping point” with prices expected to decline […]
LAGOS, Nigeria: Nigeria’s main militant group threatened Wednesday to destroy the nation’s major oil pipelines within 30 days to counter allegations it had struck a $12 million deal with the government to protect them. The state-run oil company, however, denied the existence of such a deal and said local media had misquoted company officials. A […]
WASHINGTON (Reuters) – The Arctic Circle holds an estimated 90 billion barrels of recoverable oil, enough supply to meet current world demand for almost three years, the U.S. Geological Survey forecast on Wednesday. The forecast comes as Russia is competing with Canada, Denmark, Norway and the United States to grab a chunk of the huge […]
The sharp rise of oil and gas prices has enabled Moscow to utilize its mammoth energy reserves to achieve domestic and foreign policy goals. The new Russian “power politics” have already been tested on the Baltic States, Belarus, Ukraine and recently the Czech Republic. Russia’s Far Eastern frontier is now turning into the place where […]
Predictions that oil production will peak in a few years’ time and then taper off have been dismissed by a leading geoscientist. Dr Peter McCabe, from the CSIRO, says predictions of a peak oil phenomenon date back to the 1920s but are no more relevant today than they were then. …”We have produced about 35 […]
Well-known financial columnist Michael Brush continues his renewable energy audio series for Renewableenergystocks.com with a recent interview with the head of BP Vivian Cox comments.
The Coast Guard closed 29 miles (47 kilometers) of the Mississippi River at New Orleans after a 600-foot (183-meter) tanker and a barge loaded with fuel oil collided, breaking the barge in half. Nobody was injured, but more than 419,000 gallons (1.5 million liters) of heavy fuel oil spilled from the barge, said Lt. Cdr. […]
If you are living in the eastern United States, the environment around you is being harmed by air pollution. From Adirondack forests and Shenandoah streams to Appalachian wetlands and the Chesapeake Bay, a new report by the Cary Institute of Ecosystem Studies and The Nature Conservancy has found that air pollution is degrading every major […]
Soaring energy prices will yield sharp increases for corn and soybean production next year, cutting into farmers Fertilizer
Climate change will carry a price tag of billions of dollars for a number of U.S. states, says a new series of reports from the University of Maryland’s Center for Integrative Environmental Research (CIER). The researchers conclude that the costs have already begun to accrue and are likely to endure. Combining existing data with new […]
It seems that we (not the TOD ‘we’, but the collective society ‘we’) have been conducting an ongoing witch hunt since around $70-$80 oil to pinpoint an ‘explanation’ for our high oil and gas prices that’s unrelated to finite geologic flow limits or Malthusian themes (e.g. benign). Greedy oil companies, dastardly OPEC plots, and off-limits […]
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