Gas prices – voters’ No. 1 concern

The high price of gasoline tops the list of economic concerns held by U.S. consumers, according to a CNN poll. NEW YORK (CNNMoney.com) — The high price of gasoline is voters’ top economic concern, according to a poll released Friday. A CNN/Opinion Research Corp. poll found that 35% said price of gasoline was their highest […]

What next in plummeting U.S.-Venezuelan ties?

(Reuters) – U.S.-Venezuela ties plunged to their lowest point in years on Friday as the superpower and one of its top oil suppliers ejected each other’s ambassadors. The United States also imposed sanctions on Venezuelan officials, and leftist President Hugo Chavez threatened to stop selling crude to his main customer. Here are some possible scenarios […]

Keeping Electricity Competitive

Electricity generators are like stores, and the transmission system is like the network of roads that enables us to get to and from the supermarket. If major roadways became so congested that we had to buy all of our groceries from the local convenience store we all know what would happen to our family This […]

Kazakh Oil: A War of Nerves

Russian brinkmanship could imperil the flow of oil and money across the Caspian to Europe ASTANA – On the scorching, scrub-dotted steppe along the east coast of the Caspian Sea, a Chevron (CVX)-led team is opening up the taps on 50 new wells at the supergiant Tengiz oil field. Fifteen years after snagging rights to […]

Brazil flexes military might around new oil fields

NITEROI, Brazil (Reuters) – Brazil deployed warships, fighter jets and thousands of troops off its southern coast on Friday, starting two weeks of military maneuvers aimed at showing the world it can defend vast new oil reserves. The exercise, dubbed Operation Atlantic, will simulate an attack by a fictitious enemy on oil platforms and pipelines […]

‘Titanic Syndrome’ warns of catastrophe

PARIS (Hollywood Reporter) – What might be termed the ultimate disaster movie involves no special effects whatsoever. “The Titanic Syndrome,” the directing debut of French environmental program-maker-turned-eco-campaigner Nicolas Hulot, is a cinematic attempt to wake viewers up to the calamitous future we’re arguably heading for if we don’t change our ways. The titular syndrome is […]

UK’s third-largest tour operator collapses

LONDON, England (AP) — Thousands of British travelers were stranded Friday when the country’s third-largest tour operator collapsed under pressure from high fuel prices and a sagging economy. XL Leisure Group went into administration overnight, saying it had been unable to secure more funding. “All flights operated by the companies have been immediately canceled and […]

Hurricane Ike, Energy Infrastructure, Refineries and Damage Models Thread #4

Hurricane Ike’s current track currently is headed directly for Houston/Galveston and is expected by the National Hurricane Center to be Category 3 at Saturday landfall, which remains in striking distance of over 5 million bpd of US petroleum refining capacity. (A little perspective: 5 MMBBL is about 30% of US capacity (about 15 MMBBL), and […]

SEC urged on reporting oil climate impact

LONDON (Reuters) – Major investors from the U.S., Canada and the UK are pressuring the United States Securities and Exchange Commission (SEC) to require energy companies to assess the environmental impact of oil and natural gas reserves. A group of 19 environmental, investor and non-profit groups want the regulators, under new proposals, to ask that […]

Richard Heinberg: The dress rehearsal is over

As oil crosses $100 on its way south, not even a hurricane in the Gulf of Mexico and a statement from OPEC that the cartel will cut production by over 500,000 barrels per day seems capable of halting the bloodletting. In response, the Financial Post features an article titled Patience, gentle reader. All will be […]

As Ike nears, chain asks for limit on gas buys

SANFORD, N.C. – A North Carolina-based convenience store chain is asking customers in 11 states Melissa Anderson of The Pantry said Thursday her company didn’t have supply problems but was being proactive. “It is voluntary, just to make sure that during this period of time that people are acting responsibly. We did the same thing […]

NASA’s latest analysis shouldn’t cheer anyone

NASA’s latest analysis of the intersection of peak oil and climate change argues that oil and natural gas alone probably won’t get us to 450ppm. If we can constrain our use of coal fairly quickly, we probably can avoid the worst outcomes — unless of course, the impact of reduced global dimming or methane from […]

Gas, Gas Everywhere

Billions are being pumped into new U.S. natural gas exploration, leading to a jump in production, lower prices, and a lot of rich Texans In the oil patch, they are calling it the “shale sweepstakes” This is good news for consumers who’ll be turning up their gas furnaces this winter. Natural gas prices have fallen […]

U.S. railroads see coal boom continuing

NEW YORK, Sept 11 (Reuters) – U.S. railroads expect shipments of coal to remain strong for the foreseeable future, supporting the rail sector’s double-digit earnings growth in coming years, industry executives said on Thursday. Railroads, including CSX Corp, Union Pacific Corp., Norfolk Southern Corp. and Burlington Northern Santa Fe Corp, all highlighted coal shipments as […]

Some stations are out of gas amid Ike-related fill-ups

Some gas stations in the Houston area are running out of fuel amid a spike of up to 40 percent in fill-ups as Hurricane Ike bears down on the Texas Gulf Coast. The spectacle of lines at gas stations Tanker trucks are filling up at gasoline terminals, but the surge in demand has caused a […]

Honda and Yamaha go electric

TOKYO (Reuters) – Honda and Yamaha have set launch dates for electric motorcycles, the Nikkei business daily reported on Thursday. Yamaha aims to launch electric motorcycles by 2010 with a range of 100 km (60 miles) on a single charge, comparable to those with 50cc engine displacements, the paper said. Honda, the world’s top motorcycle […]

Energy Ball generates power for homes

Eggbeater-like design spins quieter than traditional turbines From Holland, the country famous for its windmills, comes a new design for home wind power. Looking like an eggbeater, it spins quieter and at lower wind speeds than a lot of traditional propeller-type turbines. It’s now standard for big wind turbines to have propeller blades. Much of […]

Study: Old growth forests do soak up CO2

Researchers say findings mean trees should get greenhouse credit GRANTS PASS, Ore. – A group of forest scientists from the United States and Europe reports that a growing body of evidence settles an old question over whether old growth forests store more carbon dioxide from the atmosphere than they release. Based on a review of […]

Maine offers testbed for power from tides

Electricity produced from bay with greatest tide change in continental U.S. EASTPORT, Maine – Workers spent the past winter tinkering with high-tech turbines slung beneath a barge in the cold waters off the Maine coast before getting them to produce a modest 20 kilowatts, enough electricity to power a half-dozen homes. Far from discouraged, Ocean […]

Oil goes on binge while we seek sober clarity

As oil prices crossed the threshold into triple-digit figures this year, peak oil was taking its place as more than just a theory that the world would run out of sufficient quantities of oil that was financially viable to extract. But it is more likely as an eventuality that would come to pass, probably within […]

The Energy Challenge – The Future Starts Now

4th Annual ASPO-USA Peak Oil Conference Sacramento, CA September 21-23, 2008 SACRAMENTO, Calif., Sept 11, 2008 /PRNewswire via COMTEX/ — Record oil prices have sent gasoline costs skyrocketing, and America’s rickety reliance on oil has claimed the electoral agenda and public attention. Yet, despite increased drilling, burgeoning demand continues to strain supply. “Domestic gas production […]

The death of OPEC

Arabia walked out on OPEC yesterday, saying it would not honor the cartel’s production cut. It was tired of rants from Hugo Chavez of Venezuela and the well-dressed oil minister from Iran. As the world’s largest crude exporter, the kingdom in the desert took its ball and went home. As the Saudis left the building, […]

Oil sex scandal may affect drilling debate

Democrats say Bush administration failure; GOP leader calls outrage An Interior Department investigation describing a “culture of substance abuse and promiscuity” by workers at the agency that issues offshore drilling leases and collects royalties hit lawmakers Wednesday just as they prepared for votes next week on expanding offshore drilling. “On the eve of Congress starting […]

The Peak Oil Crisis: Saving the Chesapeake Bay

A couple of years back the Congress decided that a good way to deal with our dependency on foreign oil was to start using lots and lots of domestically produced ethanol in our cars. The government, with some help from farm lobbyists, decreed that by 2022 we should burn 36 billion gallons of ethanol a […]

Communities plan for a low-energy future

What happened? She tapped into the Transition movement. Transition Towns (or districts, or islands) designate places where local groups have organized to embrace the challenge of adapting to a low-oil economy. As the movement

Opec plans closer links with Russia to control half of the world

A top-level delegation from Opec will travel to Moscow next month to forge closer ties between the oil producers

We have learned to live with $100, and cheap oil is not in our interest

Might the present oil shock dissipate as it did in the 1970s and we head back to cheap oil again? The working assumption of most people is that it won’t and that the age of cheap oil will never return What is expensive and what is cheap? It is a measure of the battering that […]

Ike spins wholesale gasoline prices past $4

NEW YORK “We’re looking at the highest wholesale prices ever for a huge swath of the country,” he said. “People understand that regardless what happens with Ike, it’s going to shut down the biggest refining cluster for a period of five, six, seven days.” The wholesale price of gasoline is what refineries charge retailers. Retailers […]

The Viability of Hydrogen Transportation Markets: Chicken or Egg?

Hydrogen may well be the new gasoline. But where What marketing development obstacles need to be overcome if hydrogen vehicles are ever to penetrate the transportation system and gain widespread acceptance? According to an article by James Winebrake and Patrick Meyer in Technovation: The International Journal of Technological Innovation, Entrepreneurship and Technology Management, there are […]

Critical Needs for the 21st Century: The Role of Geosciences

The American Geological Institute (AGI), in conjunction with its Member Societies, is announcing the release of With energy, natural hazards, and climate change in the news, the geosciences are more visible today than ever before. The geosciences have never been more central to the major pressing issues facing the nation.

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