Why Antarctic ice is growing despite global warming

It’s the southern ozone hole whatdunit. That’s why Antarctic sea ice is growing while at the other pole, Arctic ice is shrinking at record rates. It seems CFCs and other ozone-depleting chemicals have given the South Pole respite from global warming. But only temporarily. According to John Turner of the British Antarctic Survey, the effect […]

Peak Oil Review – Apr 20

Oil prices started last Monday at $52 a barrel, quickly fell to circa $50, and remained there for the rest of the week. Bad economic news and forecasts of lower demand for oil dominated the energy story, punctuated with occasional bursts of optimism from Wall Street which continues to maintain there are early signs of […]

Interview with Matt Simmons, Part 3

ASPO-USAASPO-USA

Note: Hope = Truth (Kunstler)

People of good intentions and progressive predilection are scratching their heads wondering just how President Barack Obama managed to turn himself into George W. Bush Lite with sugar-on-top just twelve weeks after that fateful walk down the US Capitol’s east stairway to the waiting helicopter. I’m hardly the first observer to note that Mr. Obama’s […]

Current State of Nebraska Ethanol Industry

The Nebraska Corn Board Chair said it’s a very challenging time for the industry. The latest challenge, Aventine Renewable Energy announced 1 1/2 weeks ago that Aurora’s Nebraska Energy plant was bankrupt. Jon Holzfuster said, “The industry is very young and a lot of these plants right now haven’t had the timeline to prepare for […]

Iran forges better energy links with China

A senior Iranian political figure has said that the country is looking to China as a major potential energy partner, according to the Chinese news website chinaview.com. IranArabianOil&Gas

Agreement reached on common plug for electric cars

Leading automotive and energy companies have reached agreement on a common “plug” to recharge electric cars, a spokeswoman for German energy company RWE said Sunday. The three-point, 400-volt plug, which will allow electric cars to be recharged anywhere in a matter of minutes, is set to be unveiled Monday at the world’s biggest industrial technology […]

UAE Oil Min Says Mkt Well Supplied; IEA Sees Prices Leveling

Mohammad Al Hamli, the United Arab Emirates’ oil minister, said Monday that global oil markets are well supplied as the head of the International Energy Agency indicated that prices are stabilizing. Al Hamli told reporters at an energy conference in Dubai that the global oil market was “certainly well supplied” even after three successive output […]

Petrobras seeks 240 oil vessels in next 6 yrs-CFO

Brazil’s Petrobras is seeking around 240 offshore oil development vessels in the next five to six years, its chief financial officer said on Monday, deals that could bring new life to the stagnant global shipbuilding sector. “In the next five to six years, we are looking for 240 different vessels… (including) drillships, storage units, supply […]

Crude production up, Russia says

Crude oil production from Russia is expected to boast modest gains in 2009 despite earlier forecasts of a decline in the industry, officials said. The output of crude oil from Russia for 2008 and the first two months of 2009 fell about 1 percent, but March output saw a modest increase of 0.4 percent to […]

How much will Iraqi politics deter IOCs?

A political power struggle is taking place in Iraq over granting licences to foreign oil companies. Although the prime minister, Nouri al Maliki, and key oil ministry officials are keen to exploit the countryFT

Interview with Colin Campbell

Photojournalist Neil Jackson has recently conducted an interview with Dr. Colin Campbell, founder and Honorary Chairman of the Association for the Study of Peak Oil and Gas (ASPO). The interview is reproduced here in full. Neil Jackson: Why is peak oil important? Colin Campbell: Peak Oil is a turning point for mankind. It is a […]

China needs to improve its oil demand data

OPEC, which meets again next month, could cut output without driving oil higher if there is limited demand for its crude, but it is too early to predict May fuel consumption rates, the IEA’s head said on Monday. The International Energy Agency welcomed OPEC’s decision in March to maintain existing output targets to help moderate […]

Learsy: President Obama's Pledge To End "The Tyranny Of Oil"

“Peak Oil” Mutating To “Peak Consumption” President Obama pledged to end the “Tyranny of Oil”. Much needs be done but enormous strides have been taken and are underway. The Energy Information Agency expects a reduction of 6.9% in petroleum based gasoline consumption this year from the 371.2 million gallons/day consumed in 2007. Demand for all […]

Carbon emissions fuelled by high rates of obesity

High rates of obesity in richer countries cause up to 1bn extra tonnes of greenhouse gas emissions every year, compared with countries with leaner populations, according to a study that assesses the additional food and fuel requirements of the overweight. The finding is particularly worrying, scientists say, because obesity is on the rise in many […]

Consumers start feeling higher costs of clean fuel

Clean energy has a dirty secret. It isn’t cheap. Consumers already are starting to feel at least a modest pinch in their electric bills. The impact is expected to grow in the next few years as utilities accelerate their investments to meet state quotas requiring a portion of clean energy in their generation mix. And […]

China's Banks Ease Foreign Energy Deals

HONG KONG — China is making a push to lock up energy reserves across the globe by offering much-needed credit to governments. Kazakhstan announced a $10 billion oil-for-loan deal with China Friday during its president’s state visit to Beijing. Kazakhstan gets cash for new investment projects and China gets a 50% stake in a major […]

Chicago unveils solar-powered recharging stations for electric cars

With the Tesla Roadster and other plug-in electric vehicles hitting the road, so demand is growing for readily accessible refueling points to recharge them. Carbon Day Automotive has now demonstrated a solar-powered recharging point, known as the Solar Plug-In Station, which lets motorists easily charge their cars using electricity that has been generated without any […]

Atmospheric lead causes clouds to form more easily, could change pattern of rain

(PhysOrg.com) — By sampling clouds — and making their own — researchers have shown for the first time a direct relation between lead in the sky and the formation of ice crystals that foster clouds. The results suggest that lead generated by human activities causes clouds to form at warmer temperatures and with less water. […]

China to Boost Commodity Stockpiling Storage Capacity

(Bloomberg) — China will give priority to boosting its storage capacity for resources such as oil and grains to ensure supply and smooth price volatility, a senior government official said. China is also likely to further ease state controls on oil prices to reflect the market value of the fuel and encourage energy saving, said […]

EU policy is an 'aberration', says fisheries group

…According to Mr Aston, last year Such vessels would sustain fisheries, focusing on small but high-quality and high-value catches. Waste would be minimised, and the system would favour small-scale and localised distribution and processing, Mr Aston said. In a related development, a new sustainable fishery in albacore tuna developed with Bord Iascaigh Mhara (BIM) and […]

Life in a hot, hungry world

A billion starving people, high food prices and low stocks, widespread droughts and floods, wars over basic resources, a doubling in the numbers of refugees: world food security is no longer what it was during most of our lifetimes. But the instability we see today is but a foreshadowing of the famines and conflicts to […]

Funds try to spot the great oil rebound

Oil is too cheap. At around $50 a barrel, it is trading far below the production costs of almost all new sources of crude and energy substitutes. A sustained price above $70 is needed to cover investments in Canada’s tar sands, the deep-water fields off Brazil, and Russia’s “High North” above the Arctic Circle. Much […]

Antarctic ice is growing, not melting away

ICE is expanding in much of Antarctica, contrary to the widespread public belief that global warming is melting the continental ice cap. Antarctica has 90 per cent of the Earth’s ice and 80 per cent of its fresh waters. Extensive melting of Antarctic ice sheets would be required to raise sea levels substantially, and ice […]

Natural Happiness

…There is a considerable mismatch between the world in which our minds evolved and our current existence. Our species has spent almost all of its existence on the African savanna. While there is debate over the details, we know for sure that our minds were not adapted to cope with a world of billions of […]

Algeria oil minister favours new OPEC cuts – paper

ALGIERS (Reuters) – OPEC will be taking a big risk if it does not make a further adjustment to oil supply, a newspaper quoted Algerian Energy and Mines Minister Chakib Khelil as saying on Sunday. “In my opinion we are taking a big risk if we do not re-adjust supply. It would be better, given […]

Carolyn Baker: Economic Recovery? No Thank You

…What if it’s true; what if this isn’t, as Richard Heinberg says, “a recession that never ends”? Do I enjoy seeing throngs of homeless people gather in tent cities, live out of their cars, or simply roam the streets and back alleys of America in search of whatever crumbs of sustenance they can obtain? Do […]

25 Points Addressing the Siamese Twins of Energy and Money

A new book by Mike Ruppert: … A Presidential Energy Policy says what an American president cannot, that energy and money (the economy) are Siamese twins. Energy is depleting faster than it can be replaced and there is no combination of alternative energies that can or will ever sustain an edifice of human civilization built […]

Australia: Urban sprawl is killing us, but there's another way

AS THE days grow cooler, many of us are breathing a sigh of relief that the past summer has finally come to an end. As well as the unprecedented and tragic bushfire season, severe summer conditions induced a string of urban disasters that, due to poor planning, were waiting to happen: public transport failures, traffic […]

Opec sees contango easing as crude stockpiles decline

Organisation of Petroleum Exporting Countries (Opec) sees a depressive contango (future price exceeding current price) that had built up in first two months of 2009, easing in March. The impact of the development was evident on freight rates of very large crude carriers (VLCCs) and smaller crude carriers, Opec said. Analysts say the contango particularly […]

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