Stephen Leeb – Natural Gas: What a Difference a Year Could Make

A lot of ink has been spilled on the enormous reserve potential of the shale gas deposits. Some have argued that based on these putative enormous reserves, the country has much less to worry about should the oil doomsters be proven right. Evidently the shareholders and managements of XTO and Exxon demur. Or at least […]

Oil, Economics, and Politics

It will come as little surprise to most readers that the world is near to, or past, peak world oil production. Petroleum is so essential to the economics of transportation that many believe when oil peaks, the global economy must also shrink in terms of the total output of goods, even as the population increases. […]

Why did Copenhagen fail to deliver a climate deal?

About 45,000 travelled to the UN climate summit in Copenhagen – the vast majority convinced of the need for a new global agreement on climate change. So why did the summit end without one, just an acknowledgement of a deal struck by five nations, led by the US. And why did delegates leave the Danish […]

Reactor shutdown opens door to Russia plans

VISAGINAS, Lithuania That is why the EU-ordered shutdown of the plant’s last working reactor

World powers discuss options should Iran miss nuclear deadline

World powers are discussing next steps toward Iran if it fails to meet a year-end deadline for addressing international concern over its nuclear program, the White House and State Department said Tuesday. Top officials from the “P5 plus one” — permanent United Nations Security Council members Britain, China, France, Russia and the United States, plus […]

Copenhagen Accord a clear goal but not enough: IEA

PARIS (Xinhua) — The Copenhagen Accord provides guidance for future actions on climate change, but the emission reduction pledges are not sufficient, the Paris-based International Energy Agency (IEA) said Tuesday in a statement. The Copenhagen Accord paved the way toward a legally binding agreement, with a clear environmental goal of limiting the increase in global […]

Solar power boost for US rental outfits

Falling commercial real estate rents have US property companies looking to the sun to pad their depleted revenue streams. Real estate investment trusts are showing an increasing interest in renting roof space to companies and utilities that can install and manage solar panels on top of their buildings. The building owners can then generate additional […]

"End of Suburbia" Producers Working on New Film

“Resilience means more than just preparing for climate change,” says Toronto-based filmmaker Gregory Greene. “It means looking ahead to other shocks, such as peak oil, and using them as opportunities to create something better.” I ran into Greene, who is working on a follow-up to his previous films The End of Suburbia and Escape from […]

Uranium Is So Last Century

he thick hardbound volume was sitting on a shelf in a colleague Published in 1958 under the auspices of the Atomic Energy Commission as part of its Atoms for Peace program, Fluid Fuel Reactors is a book only an engineer could love: a dense, 978-page account of research conducted at Oak Ridge National Lab, most […]

The Two Kinds of Junior Natural Resource Companies

When you analyse Natural Resource companies it The second type are developers. Companies that have found something. And are now working on figuring out how big, how challenging and how costly that something will be to get out of the ground. OilPrice.com

Hopes for More Than Energy From New Pipeline

Joschka Fischer, the former student radical, Green Party leader, German foreign minister and Princeton professor, is convinced that energy shortages last January — caused by a pricing dispute between Russia and Ukraine over natural gas — were the turning point for the pipeline, which is called Nabucco and stretches for 3,000 kilometers, or 1,865 miles. […]

Kuwait discovers new light crude, gas field

KUWAIT CITY, Dec. 22 (Xinhua)– Oil-rich Kuwait said Tuesday it has discovered a light crude and gas field in the northwest, as the country moves toward a target of four million barrels per day of crude by 2020. The field is located in the area of Mutreba and its primary production is estimated at 80,000 […]

Glitter-sized solar photovoltaics produce competitive results

Sandia National Laboratories scientists have developed tiny glitter-sized photovoltaic cells that could revolutionize the way solar energy is collected and used. The solar particles, fabricated of crystalline silicon, hold the potential for a variety of new applications. They are expected eventually to be less expensive and have greater efficiencies than current photovoltaic collectors that are […]

TVA coal ash spill: hundreds are suing for damages

CHATTANOOGA, Tenn. (AP) — Hundreds of people have sued the Tennessee Valley Authority ahead of a deadline for filing personal injury claims over a massive coal ash spill. Court clerks said 20 federal lawsuits were filed in Knoxville ahead of Tuesday’s one-year deadline. They are the lastest suits stemming from the Dec. 22, 2008, spill […]

New Research Sheds Light on Our Reactions to Humanitarian Crises

Millions of lives are lost around the world each year to accidents, terrorist attacks, wars, epidemics and natural disasters. What’s more, the prediction is that climate change will increase the number and intensity of some of these events. Newly published research from the ESRC Centre for Economic Learning and Social Evolution (ELSE) suggests that the […]

What Are the Amounts of GHG Released in Your Area and What Are the Sources?

The European Commission’s Joint Research Centre (JRC) has developed a high resolution digital view of artificial greenhouse gas (GHG) emissions for any 10 x 10 kms area in the world. Using JRC’s work on emissions and Google Earth, this new tool allows the visualisation of the levels of emissions locally from 1970 to 2005 and […]

Venezuela Orders 20% Reduction in Electricity Use

(Bloomberg) — Venezuela Venezuela began to ration water and electricity in November after a drought caused by the El Nino weather pattern cut water levels to almost record lows in reservoirs and rivers that power hydroelectric plants. President Hugo Chavez is asking residents to take 3-minute showers and accept rolling blackouts to prevent a total […]

Energy 2.0: What Comes From After Oil

What happens after the world hits peak oil and prices skyrocket? Or when coal pushes the carbon count in the atmosphere into the danger zone? Soylent Green might turn out to be more prophetic than you thought. But, luckily, entrepreneurs are devising new ways to produce energy even beyond solar and wind. Here are some […]

The big bonfire

The U.S. already has a de facto climate policy My daughter Ren celebrated her 25th birthday last summer. She’s a member of what I call Generation B, where B stands for “bonfire.” Since her birth, more than half of all the fossil fuel consumed in human history has been burned, and more than half the […]

Study: Risks, Benefits to Israel of Increasing Reliance on Natural Gas

Israel can make natural gas usage a bigger part of its energy portfolio without jeopardizing its security, but even more importantly, the nation needs to make conservation measures a priority in its future energy plans, according to a RAND Corporation study issued today. “The single most important factor to having a successful energy policy is […]

Method makes refineries more efficient

WEST LAFAYETTE, Ind. – Refineries could trim millions of dollars in energy costs annually by using a new method developed at Purdue University to rearrange the distillation sequence needed to separate crude petroleum into products. The researchers have demonstrated their method on petroleum plants that separate crude, showing that 70 of the new sequences they […]

A dark Arctic tale set after the ice melts

In his book ‘After the Ice,’ Anderson writes of a world in which Arctic ice has permanently melted and polar bears don’t exist. He says the nightmare will likely come true in only decades. It’s hard to imagine a world in which polar bears don’t exist in the wild. Alun Anderson, former editor-in-chief of New […]

Iraq

(Bloomberg) — Iraq Oil has gained 64 percent since the beginning of 2009, when OPEC output cuts agreed late last year took effect, and is currently at about $73 a barrel. The group left production targets unchanged today at a meeting in Luanda, Angola.

Managing the Peak Fossil Fuel Transition: EROI and EIRR

Current renewable energy technologies must be adopted in conjunction with aggressive Smart Growth and Efficiency if we hope to continue our current standard of living and complex society with diminished reliance on fossil fuels. These strategies have the additional advantage that they can work without large technological breakthroughs. In this post I will talk about […]

New Zealand Methane Hydrates May Soon Be Developed

A gas industry using frozen gas hydrates below the seabed off the East Coast could be developed in the near future thanks to rapid global technical developments. George Hooper, executive director of the Centre for Advanced Engineering, told a recent Oil and Gas conference in Wellington that exploitation of methane hydrates could transform New Zealand’s […]

As US Crude-Oil Reserve Fills, Questions Abound

In coming days, a 500,000-barrel delivery of crude oil will push the U.S. government’s emergency stockpile to capacity. What happens to the Strategic Petroleum Reserve beyond that is far from clear. Federal law passed in 2005 requires expansion of the rainy-day reserve by 38% from near 727 million barrels now to one billion barrels of […]

Iraq to double oil supply to China to 300,000 bpd

LUANDA/BEIJING – Iraq will more than double crude oil supplies to China next year to over 300,000 barrels per day, Iraq China is the world

What we'll drive next

These 6 insurgent automakers are outmaneuvering the Big Three to shape the future of the automobile. Paul Guzyk and Daniel Sherwood are computer geeks who co-founded 3Prong Power, a Berkeley business that transforms standard Toyota Priuses into all-electric green machines. In 1999, Guzyk moved to California and rediscovered an old passion for cars after tinkering […]

Book Review: Peak Water

If oil supply peaks and begins to decline times will be hard. Standard of living will decline and people may go hungry but they will be able to adapt by powering down and making do with less. If water supply- for domestic use but also for irrigation- peaks and declines people have no option but […]

Upcoming oil shortage: part three

Americans have been led to believe that the supply of oil is nearly limitless and for the next half century we will have more than enough crude to meet the growing needs of the global economy. The Republican party The IEA has, in recent years, said that oil production will rise from its current level […]

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