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News from November 2008

Protesters in Guiana block roads over fuel prices

Protesters in Guiana block roads over fuel prices thumbnail

CAYENNE, French Guiana (Reuters) – Protesters calling for lower fuel prices have blocked roads for a fifth day in French Guiana where shops and petrol stations remained shut despite moves by France to cut fuel costs by 30 centimes. Consumer groups and truckers have since Monday erected blockades across the overseas departement which belongs to […]


Do the Math

Do the Math thumbnail

Let’s say you had one hundred women and hundred men on a planet and asked them to go at it and procreate as much as possible. Assuming the planet provided food and medical supplies, all one hundred women could get pregnant once every year, if not slightly more often. If we asked the next generation […]


Review: Honda Clarity Burns Hydrogen, Emits Only Water

Review: Honda Clarity Burns Hydrogen, Emits Only Water thumbnail

Honda made an expensive bet in that guessing game by designing the hydrogen-powered FCX Clarity. It Fuel-cell stacks are akin to mini power stations in which the chemical energy of hydrogen and oxygen is converted into electricity, which then powers an electric motor. Since hydrogen is a gas, it


U.N. urges climate cash boost for poorest

U.N. urges climate cash boost for poorest thumbnail

LONDON (Reuters) – The United Nations and aid groups are pushing for an urgent increase in international funding to help the world’s poorest countries cope with climate change, even as the global credit crunch strains rich nations’ budgets. Aid experts say tens of billions of dollars are needed to prepare for more extreme weather and […]


Tide turns for ocean energy

Tide turns for ocean energy thumbnail

AN AUSTRALIAN company, using technology that a young Queensland engineer designed, is expected this week to announce a string of international contracts. Atlantis Resources Corporation has developed turbines that can generate electricity from the sea’s movement. It has begun trials at San Remo in Victoria. Mr Cornelius said the area that the company hoped to […]


LA Pursues Solar Power Plan, Critics Question Costs

LA Pursues Solar Power Plan, Critics Question Costs thumbnail

SAN FRANCISCO -(Dow Jones)- The city of Los Angeles plans to develop and sign contracts for 1,280 megawatts of solar power generation by 2020, but critics question the cost of the plan. The city-owned utility, Los Angeles Department of Water & Power, plans to install 130 MW of rooftop solar panels on city homes by […]


A Land Rush in Wyoming Spurred by Wind Power

A Land Rush in Wyoming Spurred by Wind Power thumbnail

A quiet land rush is under way among the buttes of southeastern Wyoming, and it is changing the local rancher culture. The whipping winds cursed by descendants of the original homesteaders now have real value for out-of-state developers who dream of wind farms or of selling the rights to bigger companies. But as developers descend […]


Loophole in ‘botched’ law threatens Britain’s biofuels industry

Loophole in ‘botched’ law threatens Britain’s biofuels industry thumbnail

The British biofuels industry has warned that oil companies are set to save millions of pounds because of a mistake by government lawyers in drafting biofuels legislation Independent


Germans Split Over ”Climate-Friendly” Big Cars

Germans Split Over ”Climate-Friendly” Big Cars thumbnail

Car-buyers are being tugged two ways in a German debate over carbon-dioxide emissions: Should they buy cars for the fast lane, or downsize to smaller cars more suited to the slow lane of German autobahns? The dilemma came to a head when Chancellor Angela Merkel’s government debated an economic stimulus package in October. With global […]


Fuel Ethanol Margins: Boom and Bust Cycles- peak oil

Fuel Ethanol Margins: Boom and Bust Cycles- peak oil thumbnail

Short-term profit margins for dry mill ethanol producers have been consistently low by historic standards since the last quarter of 2007, even as the prices of crude oil and gasoline rose through mid-July and have since fallen dramatically. Profit margins during the first half of 2008, when oil and gasoline prices were rising, were held […]


OPEC ends Cairo meeting without announcing output cuts

OPEC ends Cairo meeting without announcing output cuts thumbnail

CAIRO, Egypt Khelil said oil ministers of the Organization of Petroleum Exporting Countries


A World of a Different Color

A World of a Different Color thumbnail

Once upon a time, America derived most of its power from a natural, renewable resource that was roughly as efficient as an automobile engine but did not pollute the air with nitrogen dioxide or suspended particulate matter or carcinogenic hydrocarbons. This power source was versatile. Hooked up to the right devices, it could thresh wheat […]


Efforts being made to avoid water shortage

Efforts being made to avoid water shortage thumbnail

What, a water shortage in southwest Missouri? Several years ago, most people believed that if water supplies were running short, punching another hole in the ground would solve the problem. That belief was scuttled in 2002. The Missouri American Water Company, water supplier for the city of Joplin and other surrounding communities, retained Whitman Hydro […]


Oil shortage remains a reality

Oil shortage remains a reality thumbnail

Big Canadian oil companies are flush with cash thanks to the recent past year of record oil prices. Suncor Energy, Canadian Natural Resources, EnCana Corp., Talisman Energy and Nexen Inc. are debt-free and have generated more than $50 billion US of free cash flow over the past year. That makes smaller Canadian companies, like TriStar […]


Survivalism: For peak oilers and ecotopians too?

Survivalism: For peak oilers and ecotopians too? thumbnail

As a peak oiler myself since 2002, I have often wondered why most of the prominent peak oil authors and activists dismiss the survivalist movement. It seems that many of the peak oil heavyweights, including Richard Heinberg and Dmitry Orlov, in particular, despite their own ingenious contributions to analyzing our current predicament, seem to blithely […]


An Ode to Oil

An Ode to Oil thumbnail

America’s oil dependency has some benefits. Roger Howard on how the diminishing resource acts as a source of stability, and forces countries to work together. In its collective mindset, every nation not only harbors aspirations, fears and delusions but also conjures rogues, villains and scapegoats upon which it vents its anguish, insecurities and resentments. And […]


Steve LeVine: The Return of High Oil

Steve LeVine: The Return of High Oil thumbnail

In June, a couple of Dutch energy researchers released a fascinating, long-gestating report on high oil prices. At the time, oil was selling for about $130 a barrel, and the authors, neatly dissecting the market, argued that prices were only going to get worse. Just the next month, they did rise So, with prices having […]


New rifts form on Antarctic ice shelf

New rifts form on Antarctic ice shelf thumbnail

(CNN) — Scientists have identified new rifts on an Antarctic ice shelf that could lead to it breaking away from the Antarctic Peninsula, the European Space Agency said. A satellite image of the Wilkins Ice Shelf, which could break away from the Antarctic Peninsula. The Wilkins Ice Shelf, a large sheet of floating ice south […]


Saudi Arabia wants oil price at $75 a barrel

Saudi Arabia wants oil price at $75 a barrel thumbnail

CAIRO, Egypt (AP) — Saudi Arabia said Saturday that it hoped to raise oil prices to $75 a barrel, but indicated that no measures would probably be taken until an OPEC meeting next month in Algeria. Saudi Oil Minister Ali Naimi said that OPEC will “do what needs to be done” to shore up falling […]


Bangladesh’s climate refugees search for higher ground

Bangladesh’s climate refugees search for higher ground thumbnail

HOAIKONG, Bangladesh (AFP) Although the villagers say they do not know the exact cause of the problem, experts are more sure. Scientists — including those from the United Nations Inter-government Panel on Climate Change (IPCC) — say the number of climate refugees will increase in Bangladesh in the coming years as rising sea levels devour […]


Western Governors Ask Obama for National Green Energy Plan

Western Governors Ask Obama for National Green Energy Plan thumbnail

WASHINGTON, DC, November 28, 2008 (ENS) – In a letter to President-elect Barack Obama, the Western governors are urging swift action in adopting and implementing a national energy plan that would transform the country’s energy infrastructure and economy while reducing greenhouse gas emissions. The group of 19 governors from both political parties are calling for […]


EU near green energy deal despite biofuel deadlock

EU near green energy deal despite biofuel deadlock thumbnail

BRUSSELS, Nov 28 (Reuters) – The European Union has agreed rough deals on promoting renewable energy, but talks remain deadlocked over the controversial issue of biofuels, the European Parliament’s lead negotiator said. “Nearly 100 pages of the report are done and three pages are not done, but those three pages are the most politically difficult,” […]


U.S. Moves Ahead on Oil, Gas Leases on Public Land

U.S. Moves Ahead on Oil, Gas Leases on Public Land thumbnail

Decision Could Pose Problem for Obama A decision by federal officials this week to press ahead with a controversial sale of oil and gas leases in eastern Utah is stoking the debate over how to balance the nation’s needs for fossil fuels against concerns over the environmental impact on iconic national parks and other sensitive […]


Pickens: Renewable energy sources a must for US

Pickens: Renewable energy sources a must for US thumbnail

OKLAHOMA CITY The 80-year-old Texas oil man, who heads the Dallas-based hedge fund BP Capital Management LP, in July launched his so-called “Pickens Plan” for energy independence. The multimedia campaign is designed to bring more focus to solving the nation’s energy crisis. The plan calls for developing renewable energy sources and using natural gas as […]


Brazil Amazon destruction rises after 3-year fall

Brazil Amazon destruction rises after 3-year fall thumbnail

BRASILIA (Reuters) – Destruction of the Amazon forest in Brazil accelerated for the first time in four years, the government said on Friday, as high commodity prices tempted farmers and ranchers to slash more trees. Satellite images showed nearly 4,633 square miles (12,000 sq km), or an area nearly the size of the U.S. state […]


OPEC may defer third output cut, ministers say

OPEC may defer third output cut, ministers say thumbnail

CAIRO (Reuters) – OPEC ministers on Friday said they were likely to defer a decision on fresh output cuts until next month, despite an accelerating slump in fuel demand that has slashed the price of oil by two-thirds since July. Caught off guard by a severe decline in energy consumption in the West, the Organization […]


Oil demand falls first time in a generation

Oil demand falls first time in a generation thumbnail

LONDON/NEW YORK (Reuters) – Global oil demand is expected to decline slightly in 2008 and 2009, the first drop in a generation, as the most severe economic crisis since the 1930s slashes consumption across the developed world. Worldwide demand will decline by 20,000 barrels per day (bpd) in both 2008 and 2009 to 86.03 and […]


Oil firms set to keep pumping, but not investing

Oil firms set to keep pumping, but not investing thumbnail

LONDON (Reuters) – Oil prices have a long way to fall before producers start to lose money and shut in fields but even prices around $50 can choke investment and lead to a supply crunch before the global economy recovers from recession. Oil has dived from a record of almost $150 a barrel in July […]


Charts Predict: Oil on its Way to $20

Charts Predict: Oil on its Way to $20 thumbnail

Crude oil prices will rally in the near-term, but then investors will see another sharp selloff that will take crude back down to seven-year lows, according to one technical analyst. Looking at the chart for light, sweet crude, prices will rise to $76 to $80 in the next two months, Dick Otto from Matrix Asset […]


Russian president signs deals with Cuba

Russian president signs deals with Cuba thumbnail

HAVANA (UPI) — Russian President Dmitry Medvedev Friday signed mining and oil exploration deals with Cuban leader Raul Castro, Granma reported online. In addition to the deals, Medvedev said he and Castro discussed what he called “military technical cooperation,” a possible euphemism for arm sales to the communist island. Medvedev is wrapping up a four-nation […]


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