This may sound too good to be true, but the U.S. has a renewable-energy resource that is perfectly clean, remarkably cheap, surprisingly abundant and immediately available. It has astounding potential to reduce the carbon emissions that threaten our planet, the dependence on foreign oil that threatens our security and the energy costs that threaten our […]
There is no more easily accessible oil. Independent audit procedures are needed to measure output. Lower oil prices are likely to impede the massive investment needed to meet increased demand by 2030. The global financial crisis has caused a massive slide in energy prices, down to $40-$50 a barrel of NYMEX light sweet crude from […]
TOKYO — Toyota Motor Corp. is secretly developing a vehicle that will be powered solely by solar energy in an effort to turn around its struggling business with a futuristic ecological car, a top business daily reported Thursday. The Nikkei newspaper, however, said it will be years before the planned vehicle will be available on […]
The outlook for the 2009 Hurricane Season is not a good one for the Gulf coast from Louisiana to Alabama which has a 70% chance of experiencing a landfall of a tropical storm or hurricane. According to Houston based Weather Research CenterAdditionally, the outlook is forecasting that there will be 7 hurricane days and 47 […]
Here’s a list of the best read news stories at PO.com in 2008, arranged by month.January: Time’s up for petrol cars, says GM chief February: Oil Shortages Start in 2010; Peak Oil Hits 2012-2015 March: Eco-migration threat to UK of climate change April: Life without transport by oil is closer than we think May: Playing […]
LAHORE – SHORTAGE of natural gas, CNG and LPG has followed petrol crisis and almost everyone has been affected. The City is in the grip of severe cold weather and citizens are unable to warm their houses because of shortage of electricity and gas. Electricity is expensive and available only for a few hours. Gas […]
Prices may have fallen but black gold retains its unique ability to fuel international conflicts …The reality remains that oil is a finite resource, a precious one-time inheritance we’ve used up recklessly over the past century. As a result, we’ve already consumed most of the Earth’s easily accessible oil. Much of what’s left can be […]
Russia has stopped all gas supplies to Ukraine after the collapse of talks to end a row over unpaid bills and prices. Russia’s gas giant Gazprom said it turned off the taps at 0700 GMT, when its contract to supply Ukraine ended. Ukraine insists it has paid off its debts to Gazprom, but Russia contests […]
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