Yet Another Forecast for Saudi Oil Production

Predicting the future of Saudi Arabian oil production is a rather daunting endeavor, given the limited amount of information available upon which to base a prediction. Presented here is an appraisal for Saudi production through 2015 based on an informed analysis of past production data and a simple extrapolation into the future. It is found […]

Carolyn Baker: No Longer a Lunatic

It’s the same with everyone I speak to who’s been watching the downward spiral of empire for any length of time: “I can’t believe how fast things are unraveling”, we all say to each other. The incessant mantra these days from people who haven’t been paying attention is that “things are going to get better”, […]

The coming collapse of western civilization as we know it

The Future is Now: The End of Cheap Oil …The end of cheap oil is happening now. The economy is already suffering for it, and unlike the Great Depression, recovery will not be a simple matter of putting people back to work. The Great Resource War is already underway, mainly in the Middle East, but […]

BP shuts Georgia oil, gas pipelines as a precaution

LONDON (Reuters) – BP has closed two oil and gas pipelines running from its Caspian Sea fields through Georgia but neither has been damaged by recent fighting in the country, a spokesman for the British oil major said on Tuesday. Georgia accused Russia of bombing its fuel lines on Tuesday, allegations denied by Moscow. “We […]

Georgia conflict ‘a threat to strategic energy supplies’

PARIS (AFP) – Fighting in Georgia threatens a strategic energy hub, the IEA warned on Tuesday, shortly before Georgia said Russia had attacked a pipeline normally carrying up to a million barrels of oil a day westwards. The International Energy Agency said that events in Georgia had not affected the price of oil, but stressed […]

Transport costs could alter world trade

On the high seas, giant vessels stuffed with furniture, toys and electronics are slowing down in a bid to conserve fuel. Customers are pulling packages from costly air shipments and sending them by ship instead. And some are beginning to wonder what an era of persistently high oil prices will mean for the multinational corporations […]

Thirty Reasons Why Organizations Must Get Off Petroleum Now

Don’t get me wrong — I am very concerned about global warming and climate change. In the long run, that’s one of the most serious challenges that humans face as a species. But in the short run, the world is no longer able to produce petroleum in sufficient volume to satisfy its demand. Soon it […]

Is the Commodities Bull Market Over?

seekingalpha.com

On a planet 4C hotter, all we can prepare for is extinction

There’s no ‘adaptation’ to such steep warming. We must stop pandering to special interests, and try a new, post-Kyoto strategy We need to get prepared for four degrees of global warming, Bob Watson told the Guardian last week. At first sight this looks like wise counsel from the climate science adviser to Defra. But the […]

Oregon Tech Looks To Be World’s First Fully-Geothermal Campus

Oregon Institute of Technology, in Klamath Falls, outlined plans Tuesday, to build a $7.6 million geothermal power plant on campus. In a few years’ time, the school says it will become the first university in the world to be powered completely by hot water. Central Oregon correspondent Ethan Lindsey reports. The school is already entirely […]

Media Ignores Russia’s Role in Oil’s Decline

Did you hear this weekend about that giant country that invaded the other country? The business media apparently haven’t — or at least they don’t think it’s worth a mention. But we’ll get to their oily oversight in a moment. First, a review, because it’s all part of a pattern. When the oil market was […]

Does queueing theory explain oil’s wild price swings?

To paraphrase Mark Twain, rumors of the oil bull market’s demise have been greatly exaggerated. With crude oil down a mere $30 from its recent peak, many economists and financial analysts are proclaiming the end of the oil bull market. They seem to have forgotten that not too long ago the entire distance from zero […]

A big surprise on gas

You may not believe it, but fuel is more affordable than it was during the early ’60s. Barack Obama thinks the government should intervene on gas prices to “give families some relief,” and last week called for releasing 70 million barrels of crude from the Strategic Petroleum Reserve. John McCain proposes an end to the […]

Energy Fictions

A toxic combination of $4 gasoline, voter anxiety and presidential ambition is making it impossible for this country to have the grown-up conversation it needs about energy. The latest evidence comes from Senator Barack Obama, who in less than a week has reversed his stance on tapping the Strategic Petroleum Reserve, softened his opposition to […]

China July crude imports in biggest fall since Jan 05

BEIJING (Reuters) – China’s crude imports unexpectedly fell 7 percent in July to a seven-month low, its steepest monthly drop since January 2005 as refiners balked at soaring crude costs amid lagging domestic fuel prices. The July decline follows a weak 3 percent rise in June imports at a time of mounting concern that the […]

Flexible nanoantenna arrays capture abundant solar energy

JACKSONVILLE, Fla. — Researchers have devised an inexpensive way to produce plastic sheets containing billions of nanoantennas that collect heat energy generated by the sun and other sources. The technology, developed at the U.S. Department of Energy’s Idaho National Laboratory, is the first step toward a solar energy collector that could be mass-produced on flexible […]

If wind turbines clatter and whistle too loudly, they are only permitted to operate under partial load to protect the local residents In a joint project with colleagues from Schirmer GmbH, ESM Energie- and Schwingungstechnik Mitsch GmbH and the Dr. Ziegler engineering office, IWU researchers have developed an active damping system for wind turbines.

Meltdown in the Arctic is speeding up

Scientists warn that the North Pole could be free of ice in just five years’ time instead of 60 Ice at the North Pole melted at an unprecedented rate last week, with leading scientists warning that the Arctic could be ice-free in summer by 2013. Satellite images show that ice caps started to disintegrate dramatically […]

Lead may lurk in backyard gardens

Contamination of soil common As backyard vegetable gardens undergo a renaissance, environmental officials and scientists are warning homeowners to be careful before planting the carrots and chard: There might be lead in the soil. Flakes of lead paint from old homes often create a halo of contamination around houses that vegetables can take up. Remnants […]

Researchers work to turn car’s exhaust into power

…Researchers are competing to meet a challenge from the U.S. Department of Energy: Improve fuel economy 10 percent by converting wasted exhaust heat into energy that can help power the vehicle. General Motors Corp. is close to reaching the goal, as is a BMW AG supplier working with Ohio State University. Their research into thermoelectrics […]

A Plan for Increasing Your Carbon Emissions

I recently received an interesting e-mail: Nancy Pelosi, Speaker of the House and Author of “Know Your Power: A Message to America’s Daughters” will answer questions in a live discussion on washingtonpost.com today (Wednesday, Aug. 6 at 3 pm ET). Pelosi will discuss the current political scene heading into the conventions, the message of her […]

Energy crisis to be spotlighted (Michael Klare)

The United States is based on “the presumption of everlasting cheap oil, and that day has come to an end,” said author Michael Klare, a political science professor, in advance of his address in Waterville. “It’s not that oil is disappearing exactly,” he said, “but cheap oil is gone forever, and we’ll never get back […]

Slump in demand should offset peak oil

Rising fuel costs are already cutting down on drive time, and a look back at the “70s energy shock shows us the extent of the possible cutback Warnings that the supply of oil has peaked have supported the meteoric rise in the price of oil and gasoline this past year. But amid the clamor, less […]

Oil prices rise near $117 as Georgia conflict halts exports

LONDON (AFP) – Crude prices rose on Monday, nearing 117 dollars a barrel, after oil exports normally carried out via Georgian ports were halted over the weekend owing to an escalation in fighting between Georgia and Russia. New York’s main contract, light sweet crude for September delivery gained 1.50 dollars to 116.70 dollars a barrel. […]

Energy stocks undervalued, rebound seen: Barron’s

NEW YORK (Reuters) – The sharp drop in oil and natural gas prices has produced an even sharper pullback in energy stocks, creating what may be one of the best buying opportunities in the sector in several years, according to an article in the August 11 edition of Barron’s. Energy issues have rarely been so […]

Chinese cars you could soon see in the U.S.

It MSNBC

How much more will gas prices fall?

It’s hard not to notice the recent drop in gasoline prices. Which has a lot of readers wondering: How much lower are they headed? […] If refiners are still running at The good news is that it looks like those high pump prices have begun to ease demand

N.Y. among 21 cities to disclose carbon output

NEW YORK (Reuters) – More than 20 U.S. cities, including New York, Las Vegas and Denver, have agreed to measure their carbon footprints, with a system some 1,300 companies have been persuaded to use, in an attempt to find ways to curb emissions blamed for warming the planet. “If you don’t measure these emissions, you […]

Bid to plant genetically – modified trees in UK

Scientists have applied to plant genetically modified trees in Britain despite fears that they will damage native wildlife, The Sunday Telegraph can disclose. They have asked the Forestry Commission for permission to put GM trees on its land for an international study into biofuels. But environmental campaigners have pledged to fight the scheme. It is […]

Climate change: High street banks face consumer boycott over investment in coal

UK: High street banks, including Royal Bank of Scotland, HSBC and Barclays, face a consumer boycott if they continue to channel billions of pounds of new investment into coal projects, campaigning groups warned last night. The warning came as 50 campaigners were arrested over the weekend at the climate camp set up to protest against […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy