Fallout from green energy; ‘Is it worth destroying a whole way of life?’ For decades dairy farmers, Irish and German and Polish immigrants, and lately the Amish, have wrested a living from the Tug Overnight, it seemed, caravans of trucks trundled onto the plateau, laden with giant white towers. Concrete foundations were poured. Roads were […]
As energy prices continue to rise, even dirt isn’t cheap anymore Dirt and its upmarket cousins offer a glimpse of how rising energy prices have caused inflation in the grittier corners of the consumer culture. Products that are cheap, heavy and bulky, such as bags of soil, are particularly vulnerable to rising freight costs. Moreover, […]
COSTA MESA, California (Reuters) – Republican presidential candidate John McCain on Saturday criticized Russia’s military operations against Georgia, arguing the conflict poses a grave threat to world energy supplies. In his weekly radio address, the Arizona senator said a disruption of energy supplies abroad could raise prices, “inflicting great harm on our economy and on […]
Extract all the wave power you can from the Atlantic coast of Scotland and it would add up to the equivalent of about four nuclear power stations, says David MacKay, professor of natural philosophy in the physics department at Cambridge University. With the UK government setting a target of 15% for clean energy by 2020
FLAMANVILLE, France Flamanville is a vivid example of the French choice for nuclear power, made in the late 1950s by Charles de Gaulle, intensified during the oil shocks of the 1970s and maintained despite the nightmarish nuclear accidents of Three Mile Island and Chernobyl. New York Times
WASHINGTON (Reuters) – House Speaker Nancy Pelosi said on Saturday when the U.S. Congress returns next month from its summer recess, Democrats will offer legislation that could give oil companies drilling access to more offshore areas. By moving to open additional federal waters to energy exploration, Democrats could narrow the differences they have with Republicans […]
BAKU (Reuters) – Azerbaijan suspended oil exports through ports in western Georgia on Sunday after an explosion damaged a key rail bridge there. Georgia accused Russian troops of blowing up a railway bridge west of the capital Tbilisi earlier in the day, saying its main east-west train link had been severed. Russia strongly denied any […]
THE COASTAL map of the Westcountry could be dramatically redrawn by the waves if expert predictions of a rise of up to four metres in sea level become a reality. It would go far beyond previous expectations that remote and sparsely populated coastal areas would be beyond salvation, and mean that large swathes of towns […]
SAN FRANCISCO (MarketWatch) — An Iranian official in the Organization of Petroleum Exporting Countries said Saturday that the producers group is considering leaving oil production levels unchanged or perhaps even trimming them to shore up flagging prices and defend market share. “The market is oversupplied by at least 1 million barrels a day. If OPEC […]
HOUSTON (Reuters) – Shell Oil Co (RDSa.L: Quote, Profile, Research, Stock Buzz) said it was pulling 200 workers from the eastern Gulf of Mexico ahead of Tropical Storm Fay, but no offshore production was shut as of Saturday morning. The workers are not essential to Shell’s offshore operations, the company said in a statement. Fay […]
SACRAMENTO, Calif. (Legal Newsline)–California Attorney General Jerry Brown told Legal Newsline he believes America needs an efficiency expert. In a wide-ranging interview Friday, Brown said the United States must reduce its dependency on foreign oil, which would save billions of dollars through increasing energy efficiencies. …Alternative energy development has its place, Brown said, but the […]
Interview with Eric Sprott, CEO, Sprott Asset Management Barron’s: You’re a believer in the peak-oil thesis, which says that global oil production has topped out. How much time do we have left before the supply dries up? Sprott: We aren’t going to run out of oil in the next 100 years, but it will keep […]
SUSPECTED pipeline vandals have ruptured Nigeria Agip Oil Company (NAOC) pipelines in Burutu Local Governmnt Area of Delta State but unfortunately for them, they could not accomplish their mission of carting away the oil pipes. Saturday Vanguard learnt that the vandals, thinking that there was no oil in the pipeline, tampered with the pipeline at […]
It’s said our primeval ancestors had a simple arithmetic system: “One, two, three, many”. That describes the focus of many 2008 voters, whose concerns are the economy, energy prices, Iraq, and “those other problems.” As we get closer to the presidential election, most Americans aren’t worried about global warming. Maybe they will be when they […]
“The old future’s gone,” John Gorka sings. “We can’t get to there from here.” Put simply: We’re in trouble, on all fronts, and the trouble is wider and deeper than most of us have been willing to acknowledge. We should struggle to build a road on which we can walk through those troubles — if […]
The eruption in 1600 of a seemingly quiet volcano in Peru changed global climate and triggered famine as far away as Russia While many eruptions in historic times caused real climatic changes, previously only Tambora had been linked to significant social disruptions, says Kenneth Verosub, a geophysicist at the University of California, Davis. Now, however, […]
Mexican oil production will fall to 2.7 million to 2.8 million barrels a day next year as the country’s main oil field continues to decline rapidly, Carlos Morales, the head of exploration and production at Petroleos Mexicanos, said Thursday. Mexican output has slid by 20% since peaking in 2004, and officials warn that the country […]
Despite the recent softening of oil prices, the U.S. could be looking at double-digit inflation as early as 2009 Growing evidence suggests American consumers, businesspeople, and political leaders should all be bracing for double-digit inflation, probably as early as 2009. The relative price stability of the past 15 years is giving way to worsening inflation, […]
Oil prices. Analyst predicted ’super spike’ We are not returning to an era of cheap energy. It was three years ago, an eternity in the foggy world of commodities trading, when Arjun Murti, a New Jersey native and analyst at Goldman Sachs, published a research note that competitors charged was riddled with irresponsible conjecture. On […]
Could the decline of oxygen in the atmosphere undermine our health and threaten human survival? The rise in carbon dioxide emissions is big news. It is prompting action to reverse global warming. But little or no attention is being paid to the long-term fall in oxygen concentrations and its knock-on effects. Compared to prehistoric times, […]
SAO PAULO (Reuters) – Brazil’s armed forces will hold maneuvers next month to show they are capable of defending new offshore oil reserves that could convert the country into a global energy player, a senior official said Friday. The state-owned oil company Petrobras made headlines last November when it discovered a deposit with estimated reserves […]
The deployment of additional troops to Nigeria’s restive, oil-soaked delta has managed to improve security, but not even their commanders believe there can be a military solution to the armed young men in the creeks, willing to back their demands for a greater share of the wealth their region produces by attacking oil facilities and […]
Experts are calling on SA to lead the African Union in formulating a China policy to determine strategies that will protect the security of Chinese oil supplies from west Africa that are transported via the Cape. Addressing a conference on maritime security in southern Africa in Stellenbosch recently, Prof Renfrew Christie, dean of research at […]
Georgia is one of Iran’s “near neighbors” and as a result of geographical proximity and important political and geostrategic considerations, the current Russia-Georgia conflict is closely watched by Tehran, itself under threat of military action by the US and or Israel, which may now feel less constrained about attacking Iran in light of Russia’s war […]
Oil prices skidded further Friday, falling below $114 on signs that the world’s largest economies are weakening and on OPEC’s prediction that energy demand will decline. The dollar, which is rising in response to concerns about the global economy, also sent oil lower.An OPEC forecast of lower demand also put downward pressure on prices. In […]
Algae could be used as a biofuel while simultaneously cleaning up the environment, report researchers at the University of Virginia. By feeding algae extra carbon dioxide — the principle greenhouse gas contributing to climate change — and organic material like sewage, environmental engineering professors Andres Clarens and Lisa Colosi believe they can boost algae oil […]
China is to ban the building of coal mines with high gas danger whose annual production capacity would be below 300,000 tonnes, according to a new guideline for coal mine safety, the State Administration of Work Safety told Xinhua on Thursday. The country plans to cut the death toll from coal mine gas blasts by […]
The 1,100-mile Baku-Tbilisi-Ceyhan (BTC) pipeline provides only about 1 percent of the global demand for oil. But, as Prof. Michael Klare of Amherst College notes: “There’s not a lot of spare [crude oil] capacity” in the world. In the long-running struggle for control of Caspian oil and gas and influence in the ex-Soviet states of […]
The Baku-Tbilisi-Ceyhan (BTC) project, completed in 2005, entailed tremendous commercial risk because the three participants were involved in violent struggles with neighbours or internal separatist groups, and the pipeline would be vulnerable to sabotage. Under the agreement with BP, each country was to provide security within its borders and be responsible for losses should the […]
A new report from Emerging Energy Research says capacity could push past 150 gigawatts by 2020. The market for wind power in the U.S. is set to get even bigger, with a new report forecasting that capacity will surpass 150 gigawatts by 2020.Cambridge, Mass.-based Emerging Energy Research, a cleantech advisory and consulting firm, said the […]
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