'Oil Peaked Last Year'

Marshall Adkins is the Houston-based Managing Director of Energy Research for Raymond James & Associates, a full-service investment firm. ASPO-USA’s Steve Andrews caught up with him last week to follow up on his pivotal May 4, 2009 “Energy Stat of the Week”–Peak Oil in the Rearview Mirror: Why We Think Global Oil Production Peaked Over […]

The end is near

IT USED TO BE that apocalyptic warnings about the approaching end of time came from sign-holding religious nutcases. Now they come from hard scientists. Most discussion of the threat of global warming is conducted in measured tones, with even dire projections offered with the necessary proviso that the future is uncertain. But as governments fail […]

THE GREAT HIMALAYAN WATERSHED

Agrarian Crisis, Mega-Dams and the Environment For almost half the world’s population, water-related dreams and fears intersect in the Himalayas and on the Tibetan plateau. Other regions have their share of conflicting claims over water issues: Turkey, Syria and Iraq over the headwaters of the Tigris; Israel and its neighbours around the Jordan basin; the […]

Global warming to open up north-east Arctic tanker route

Melting ice in the Russian Arctic will create a safer, shorter route cut for tankers, but will have even bigger implications for the global energy market A new “north-east passage” for shipping around Russia’s Arctic coast and across the North Pole will be opened within a decade as global warming causes the ice cap to […]

Apocalypse Ciao: Let the End Times Roll

When the economic Rapture comes, will collapsitarians be the chosen ones? One spring afternoon on the patio of a comfort-food spot in Austin, Texas, a jovial, elfin-looking Internet entrepreneur named Thor Muller declared, “I’m a collapsitarian.” “Sorry?” I asked. We’d just met. I’d heard perfectly well. I just wanted to hear him say it again. […]

US, Venezuela tensions rise over Honduras crisis

Leftist Venezuelan President Hugo Chavez has ratcheted up his anti-US rhetoric three weeks into the Honduran crisis, dampening hopes for rapprochement between oil trading partners who have been bitter diplomatic rivals. Chavez initially blamed Washington for the June 28 ouster of his leftist ally, Honduran President Manuel Zelaya, but then toned down his noisy campaign […]

Greenland shark may become new source of biofuel

The Greenland shark, one of the largest species of sharks, is a nuisance to fishermen and its meat is toxic to humans, but researchers now hope the flesh can be used to create a biofuel for Inuits. Native to the cold Arctic waters, thousands of the sharks get caught and die in fishermen’s nets off […]

"Reviving the Economy"-Is Ethanol Out of Gas?

Not long ago, ethanol was considered the miracle cure for the nation`s energy problems. Companies were booming thanks to easy money and a government mandate to blend ethanol into the nation`s gasoline supply. But now many firms are scrambling just to stay in business. As we continue our look at “Reviving the Economy,” Dana Bate […]

BP exits jatropha biofuel project to focus on ethanol

BP Plc, Europe’s second-largest oil company, will exit its jatropha biofuel project with D1 Oils Plc to focus on production of ethanol in Brazil and the U.S. and advance biobutanol development. “To ensure the success of these investments, BP is concentrating new business development in these areas and will no longer be directly involved in […]

Can computer software account for climate change?

Microsoft had trouble solving the problems with its Vista operating system, so what are its chances of fixing climate change? The global software firm has created an online tool called Project 2 Degrees for cities across the world to monitor their greenhouse gas (GHG) emissions and, the hope is, then do something about them.While Bill […]

Security issues still shadow Iraqi oil

Iraq’s recent moves to open its vast oil fields to international companies could help U.S. oil producers that have eyed the region for years and give a boost to Houston’s oil field services sector. Early this month, Iraq awarded a contract that allows European oil giant BP and China National Petroleum Corp. to develop Iraq’s […]

Green Economics and how it might work

In times of the global economic recession and ecological crisis, it is obvious a radical response is needed. World-renowned economist Herman Daly maintains the future of human civilisation is dependent on a new economic model, based on a dynamic model—known as the steady state economy—preserving the environment we are all dependent upon. There needs to […]

Major potential for logisticsplayers in oil-rich Gulf nations

The old model for countries such as Saudi Arabia was to award contracts to overseas giants to extract oil and gas and wait for the royalties to pour in. The dynamics have changed. All these factors are having an impact: global supply constraints; the West seeking alternative energy sources; the determination among Gulf nations to […]

Can coal-burning plants really clean up their act?

As the push for greener energy continues across the nation, few terms seem as polarizing as “clean coal.” In reality, “clean coal” is an industry term that refers to increasing the efficiency of coal mining, making power plants that use coal more environmentally friendly and making coal itself more fuel-efficient and clean-burning. Environmentalists argue coal […]

Facing climate-change annihilation, Island nation goes solar

A tiny island nation in the Pacific Ocean – that could be wiped off the map because of global warming – is seeking to to set an example for the world by shedding its dependency on oil and becoming powered entirely by renewable energy sources. Tuvalu has experienced major flooding of crops and roads as […]

Analysis: Fish and energy needs clash in Midwest

JEFFERSON CITY, Mo. Residents in Arkansas, Kansas, Louisiana, Missouri, Oklahoma and Texas all receive electricity from dams in the White River basin. The cold water that flows from those dams also provides a good habitat for trout. But the needs of the fish can clash with the electricity demands of humans. Houston Chronicle

Questioning the direction of transportation policy

Rep. Peter DeFazio, D-Ore., and Rep. Jim Oberstar, D-Minn., are championing the $500 billion six-year Surface Transportation Act. This financial commitment to our transportation system pales compared to the $2.2 trillion five-year expenditure necessary to raise the system’s overall “D” rating (according to the American Society of Civil Engineers) to satisfactory levels. While it’s critical […]

Iraq parliament can halt oil contracts: lawmaker

BAGHDAD (Reuters) – Iraq’s parliament has the authority to block a contentious oil deal with BP and China’s CNPC, despite the oil ministry’s insistence lawmakers can do nothing to derail the agreement, a top lawmaker said. “The government believes that such a subject is included in its authorities, according to existing law, but if parliament […]

Looks Like Oil Production Already Peaked

The following graph shows that the spike in West Texas Intermediate Oil of $147 per barrel may have signaled that global oil production has already hit its peak. There are two telling signs:July 2004 – September 2007: Daily oil production remained flat while prices doubled and consumption was on an upward trajectory. Perhaps OPEC wanted […]

Debate on Clean Energy Leads to Regional Divide

WASHINGTON An influential coalition of East Coast governors and power companies fears that building wind and solar sites in the Midwest would cause their region to miss out on jobs and other economic benefits. The coalition is therefore trying to block a mandate for transcontinental lines. They want the wind farms built in rural New […]

Time Is Running Out On Our Culture Of Consumerism

Our civilization now confronts its ultimate challenge. I refer to the disparity between declining supplies of essential resources and increasing demand for them. Oil is not the sole concern; humanity is approaching a shortage of minerals indispensable to industry and the way of life it has engendered. To cite a few estimates by geologists: indium, […]

Cushing Refinery hub part of ABC oil special

Yes, we know gasoline comes from a pump at a station or convenience store. Some of us know that gasoline comes from a refinery hub but may not know that there is one less than 50 miles from Tulsa. Still fewer are aware that Canada is the largest supplier of U.S. oil, that oil from […]

Bill McKibben – Comment & Analysis: A death warrant for Maldives

What For years scientists had wondered where exactly the red line was for global warming

The new scramble for Africa

Today’s race is not for colonies to conquer but for natural resources and America has stepped up pursuit in response to superpower rivals TWO SCARCELY noticed events occurred in Nigeria and Botswana at the end of last week that signal the growing speed and strength of a new “scramble for Africa” among the world’s big […]

Australia: Nationalise coal – to fund a just transition away from it

Newcastle exports about $10 billion worth of coal a year. How much of that do you think is going to wages? We don So it

Ready or not, here comes China

One excursion does not make me a China guru, but I can report with some confidence that when it comes to economic growth, Wong is right. China is walking in our shoes — and that’s not necessarily a good thing. On my trip (which you can read more about at Openleft.com), I’ve seen America circa […]

Study shows significant savings in alt-fuel cars

Eco-politics aside, there’s a real cash advantage to opting for hybrid and diesel vehicles over gas-powered offerings, despite the costlier price tag, according to a survey. “The longtime knock against ‘green’ cars, trucks and SUVs is that their sticker prices do not justify the gas savings,” said James Bell, editor of automotive industry research Web […]

Biofuels: Potential Being Realized?

With greater environmental awareness and the growing desire to make the best use of potential and existing fuel stocks the global energy landscape is changing. As countries aim for domestic energy security and try to minimize environmental impact and the effect of variable fuel costs, there has been a continued push to diversify and examine […]

Jinx or Jubilee: New oil booms test African democracies

Oil finds highlighting energy potential in Ghana and Uganda pose new challenges as the countries seek to avoid the “oil trap” that has left many producers mired in poverty and violence, experts say. “Both countries have excellent stewardships, good governments with very strong ideas on how to avoid the so-called ‘curse of oil’ which has […]

Forget gas! Now, pee being tapped as fuel

Urine-powered cars, homes and personal electronic devices could be available in six months with new technology developed by scientists from Ohio University. Using a nickel-based electrode, the scientists can create large amounts of cheap hydrogen from urine that could be burned or used in fuel cells. “One cow can provide enough energy to supply hot […]

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