Why? Because it
COPENHAGEN At that temperature, there would be
Through recessions and gas shocks, the number of autos on the road every year has increased since the end of WWII. Until now. NEW YORK (CNNMoney.com) — In another sign of just how far the U.S. auto industry has fallen, this is likely to be the first year since 1945 when the number of new […]
Sir, It is my belief that in a post peak oil world, as the food distribution network starts to collapse, people will rush to grow what food they can on every green space available Would anyone with any expertise or interest in vegetable growing locally, seed collection and storage, or anyone with knowledge of historical […]
The Prince of Wales delivered a dramatic plea for action to avert the “unimaginable horrors” of climate change today, warning that catastrophic global warming now threatens humanity’s continued survival . “We are, I fear, at a defining moment in the world’s history,” Prince Charles told an audience of around 150 Brazilian businessmen and local politicians […]
The ancient Chinese sages teach of the special need for clear thinking and calm bravery in times of danger. Their wisdom reminds us that we should always be cultivating these attributes but they are particularly important in situations of risk and threat. Precisely the time when we most need disciplined patience and insightful clarity is […]
Oil and gas companies last night urged the UK Government to deliver them a Budget boost of tax reliefs PressandJournal
In January, 2008, the federal government first indicated plans to revise fuel consumption regulations for new vehicles. At the time, the U.S. government was going down the same road. Our emission, fuel economy and safety regulations have been in lockstep with the Americans because the same vehicles are either built in or sold in both […]
A plan to build a so-called “hydrogen highway” from B.C. to Baja is more than just hot air. B.C. Energy Minister Blair Lekstrom said the project is on-track for 2010. “Everything looks very favourable to meet that time frame,” Lekstrom said yesterday. “Things are progressing at a very good pace.” The $89-million highway will allow […]
Higher gasoline prices might not be good for the travel industry, but it sure seems to be good for corn fundamentals. USDA projected U.S. old crop corn ending stocks at 50 million bushels lower in its March 11 World Agricultural Supply and Demand Estimates and Crop Production Report. The report said that higher ethanol use […]
US sales of Toyota’s hybrid cars have surpassed the 1 million mark, the Japanese car giant said, highlighting the rising popularity of ecological vehicles. It took seven years for Toyota, the world’s biggest carmaker, to sell 500,000 hybrids in the US, but has taken just two years to sell the next 500,000, the Japanese company […]
In 1956, Hubbert published his curve-fitting prediction that U.S. oil production would peak in the early 1970s. He used the U.S. production history up to that point to set the shape of the curve and an estimate of the amount of oil that would ultimately be produced to set the area encompassed by a complete […]
Congress is gearing up for another run at a cap-and-trade law and opponents say it will cost too many jobs. Are they right? NEW YORK (CNNMoney.com) — Get ready for fireworks. As congressional Democrats begin drafting another bill regulating greenhouse gases, opponents are already saying it would cost millions of jobs amid the worst recession […]
The leader of Iraq’s autonomous Kurdish region said the area has the capacity to produce one million barrels per day of crude in three years and criticised Baghdad’s policies on oil as “failed”. “Today, the region is able to export 100,000 barrels per day and towards the end of the year we will be able […]
Under the leadership of Vladimir Putin, Russia has been re-establishing much of its lost Soviet-era strength. This has given rise to the possibility – and even the probability – that Russia again will become a potent adversary of the Western world. But now, Russia is yet again on the cusp of a set of massive […]
Exxon Mobil Corp.Bloomberg
Too few of us realize what scientists call the Growth creates new industries and generates the jobs needed to keep unemployment within reasonable limits. The North American economy must grow by at least three per cent annually for that reason alone. To achieve that goal, businesses and government, too, operate on the view that people […]
The bulls are out in force in the oil market. Having slumped by 78% from last summer’s record price of $147 a barrel to $32 in December, the price in New York has since gained around 40% to $47. Options traders are pencilling in $50 within the next two months; Johannes Benigni of JCB Energy […]
February closes with a per barrel price close to $45 Crude oil prices might be back to a mid term bull market, says an Australian analyst. February showed significant price variations from one day to the other and the American variety [WTI] climbed 10%, increasing from $40.78 to $44.76 per barrel. Minimum prices for a […]
(Bloomberg) — The International Energy Agency cut its 2009 oil demand forecast for a seventh month as the global slump saps consumption. Non-OPEC supply growth has stopped as investment drops and faults close fields, it said. The Paris-based adviser to 28 nations reduced its 2009 oil demand forecast by 270,000 barrels a day to 84.4 […]
Apparently they
BEIJING Since Mr. Tian migrated from Sichuan province, the multibillion-dollar recycling industry has gone into a nosedive because of the global economic crisis and a concomitant fall in commodity prices. Bottles now sell for half of what they did in the summer.
COPENHAGEN Their stark message came at the end of a three-day conference aimed at updating the findings of a 2007 report by the Intergovernmental Panel on Climate Change before U.N. talks in December on a new global climate treaty. “The worst-case IPCC scenario trajectories (or even worse) are being realized,” the scientists said in a […]
DUBAI Toubia spoke at a panel discussion about energy at the Wharton Global Alumni Forum. Hundreds of graduates and faculty of the Wharton School of the University of Pennsylvania have gathered in Dubai for the two-day event. Toubia
China may build a strategic crude oil reserve in the northwestern Gansu province as part of the country’s plan to add eight new oil stockpiles by 2011, said a local official. The reserve is likely to be built in the Hexi Corridor region, and a feasibility study is currently being done on the proposed project, […]
Have you ever been walking around in your city, and seen somebody in a mask suddenly start dancing? Or perhaps a whole group of people? No, it’s not alien mind control – it’s actually people being controlled by a vast online conspiracy. They’re participating in an alternate reality game called Top Secret Dance Off, where […]
The people of the world will drive some two billion cars by 2030, up from roughly 700 million today. One of the leading hopes for avoiding greenhouse gas overload from all those tailpipe emissions is electric cars. From the Chevy Volt to the Tesla Roadster, cars that run on battery power rather than gasoline are […]
Dmitry Orlov says that the US should be looking to its old enemy – the Soviet Union for lessons on how to deal with the global financial crisis. He says the coming upheaval presents a plethora of opportunities for reinvention – if it’s handled right. ABC (audio)
The Bush administration’s decision to halt production of an experimental power plant that would capture and store carbon dioxide emissions underground may have set back “clean coal” technology in the United States by as much as a decade, according to a congressional report released at a hearing yesterday. Also, cost estimates used as justification for […]
Green energy comes in many guises these days, from wind-power to wave-power. One of the more compelling of the new kids on the eco-energy block is salinity power, which uses the concurrence of salt-water and freshwater in estuaries and marries it with the natural, effortless process of osmosis. March 12, 2009 In 1748 the monk/physicist […]
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available