Pentagon denies US is about to ‘invade’ Egypt

The Pentagon and the US Embassy in Cairo have denied reports in the Egyptian media that an American task force in the Red Sea is preparing to “invade Egypt.” Pentagon Press Secretary George Little took to Twitter on Saturday to say that such reports are “absolutely wrong,” ABC NEWS reported. Some Egyptian press reports suggest […]

Former head of Fukushima nuclear plant dies of cancer

In an ironic twist of fate, the former head of the Fukushima Daiichi nuclear power facility in eastern Japan has died, according to new reports. After battling a bout of throat cancer that emerged just months after the stricken plant was overrun by a historic tsunami and subsequent earthquake, 58-year-old Masao Yoshida died at a […]

More Oil, but Higher Prices

Please repeat the words “more oil, higher prices” as you stand at the gasoline pump. These four words are key to solving your pain at the pump because they underlie oil price reality. “Drill, baby, drill” through hydraulic fracturing is pumping out more oil. It will not deliver sustained lower pump prices. Why gasoline prices […]

Netanyahu says Iran continues ‘race toward bomb’

PM tells cabinet, CBS Rohani’s election has not slowed Islamic Republic’s nuclear program; calls for harsher sanctions, ‘credible military option’, promises not to wait until its too late While the world’s eyes are fixed on Syria and Egypt, Prime Minister Benjamin Netanyahu is trying to push Iran’s nuclear program back into the lime light.   […]

Lower Oil Prices on the Horizon

More crude produced in the U.S. and lower demand for it both here and overseas spell relief for consumers. After nearly a decade of unrelenting gains, oil prices are poised for a drop. New sources of supply and slowing demand both at home and abroad will combine to push prices down by 20% to 30% […]

The receding threat from ‘peak oil’

Concerns about oil supplies running dry are receding, according to the International Energy Agency (IEA). Massive new discoveries in the US have led to a “dramatic” change in global prospects. The IEA’s head of oil markets, Antoine Halff, says forecasts have had to be repeatedly revised upwards in the past two years. Declining US production […]

Peak Oil: Crude oil prices have increased

News22 Published 12 July 2013

Oil and Gas Industry Violating Air Pollution Rules in Colorado

According to a recent report in the Fort Collins Coloradoan, oil and gas companies violated Colorado air quality rules 73 times in the first three months of this year alone–nearly 75 percent of all Colorado air pollution enforcement cases during that period. I don’t think anyone needs me to tell them that that is 73 times […]

The Best and Worst Investments of 2013 (So Far)

The Best Commodity this year is oil, up 14 percent through July 11. The first six months of 2013 were a great time to be an electric-car aficionado who owns an oil well. It was a lousy time to be a gold miner and it remained an awful time to be a Spanish banker. That […]

Solar Energy: The New Gold Rush?

One morning 165 years ago, James Marshall was examining his sawmill on the American River, near Coloma, Calif. Marshall was having a run of bad luck — in recent years, he’d been to war and lost his land — but on this day he noticed something shimmering in the channel beneath his mill. Scooping up […]

Kuwait sends $200 million worth of oil to Egypt

Kuwait has sent two oil tankers carrying crude and diesel worth $200 million to Egypt, a Kuwaiti newspaper said on Sunday, part of a $4 billion aid package pledged by the Gulf Arab state last week after the ouster of Islamist President Mohamed Mursi. Kuwait last week joined other oil-producing Gulf states in pledging a […]

Saudi missile sites target Iran, Israel

The discovery is a sign that Saudi Arabia has prepared for the possibility that Iran will become a nuclear power, and it’s a reminder that a decades-long truce between Saudi Arabia and Israel is just that, and not a peace treaty, one analyst says. Saudi Arabia has built missile launch pads that target both Iran […]

We Need Oil. They Need Pig.

China has battleships, missiles and awfully effective computer hackers. Soon it will have tasty American-made pork parts in its arsenal to threaten the United States. To the Chinese government, pork is a strategic concern. It even has a strategic pork reserve, like the United States has a strategic oil reserve. Some senators are objecting to […]

The danger in wishful thinking on oil

James Howard Kunstler knows a lot of people think he’s a fool right about now. He’s OK with that. Just wait, he says. Back in 2005 Kunstler published “The Long Emergency: Surviving the Converging Catastrophes of the Twenty-First Century.” Such a brief description is inadequate, but rode the “peak oil” wave that argued that humanity […]

Renewable Energy Status Update 2013

Today I begin a series that looks at the recently released 2013 BP Statistical Review of World Energy. Because the past two posts have dealt with the Keystone XL pipeline project, I thought it would be a good change of pace to kick off this series by looking at the current global picture of renewable energy. […]

New England’s love affair with natural gas cools

New England’s love affair with natural gas appears to be showing strain as the regional power grid operator voices worry about too much demand on limited supplies and a leading environmental group criticizes the fuel it once supported. The changing mood follows more than a decade of explosive growth in the use of natural gas […]

Nature: Energy production causes big US earthquakes

Fluids injected into wells lubricate faults and increase slippage. Natural-gas extraction, geothermal-energy production and other activities that inject fluid underground have caused numerous earthquakes in the United States, scientists report today in a trio of papers in Science1–3. Most of these quakes have been small, but some have exceeded magnitude 5.0. They include a magnitude-5.6 […]

Mother (Russia) lode: Vast extent of oil, gas reserves revealed for first time

According to declassified data Russia holds 17 billion tons of oil and 48 billion cubic meters of gas. Moscow believes revealing the extent of the vast reserves will lead to a surge of investment in the extraction and production of hydrocarbons. The country’s recoverable oil reserves in the C1 category (proven reserves) totals 17.8 billion […]

Lac-Megantic train crash: How it will change Canadian oil

The Lac-Megantic train crash, among other recent oil mishaps, is making it difficult for Canada to put a good face on their oil resources. Canadian Prime Minister Stephen Harper said parts of Quebec look like a ‘war zone’ following last weekend’s Lac-Megantic train crash. Canadian oil production is expected to be in a boom cycle for the next […]

IMF projects slower growth for 2013

The International Monetary Fund in Washington on Tuesday said economic growth prospects for 2013 had weakened since April. In the group’s World Economic Outlook report, the IMF said global economic growth in 2013 would be slightly above 3 percent, dropping its growth predictions due to “weaker domestic demand and slower growth in several key emerging […]

Inflation Is Too Low? Are You Kidding Us Bernanke?

Federal Reserve Chairman Ben Bernanke said this week that inflation in the United States needs to be higher.  Yes, he actually came right out and said that.  It almost seems as if Bernanke is trying to purposely hurt the middle class.  On Wednesday, Bernanke told the press that “both sides of our mandate are saying […]

Germany’s Recent Solar Energy Record In-Depth

On Sunday, CleanTechnica broke the news that Germany broke yet another solar power record when the country’s 1.3+ million PV systems turned a sunny summer day into 23.9 GW of solar power at about 1:30 PM. This short breaking news has drawn quite a lot of attention, which is reason enough to follow it up with […]

Oil and the Dollar

On today’s “Bloomburg U,” Dominic Chu looks at the relationship between the dollar and commodities on Bloomberg Television’s “Bottom Line.”

Dr. Robert Lawrence: Peak Oil, Food Systems and Public Health

As the director of the Center for a Livable Future at the Johns Hopkins Bloomberg School of Public Health, Dr. Robert Lawrence knows a lot about the relationships among agriculture, public health, natural resources, the environment and global population. He managed to address the complex interconnections among them all in an hour-long lecture at the […]

Peak Oil Peters Out: Neo-Malthusian Cult Website The Oil Drum Shuts Down

Neo-Malthusian group’s website ‘The Oil Drum’ shuts down The Oil Drum (TOD) was founded and frequented by believers in the theory of peak oil, the hypothetical point at which the world’s oil supplies go into irreversible decline. Peak oil devotees typically predict that apocalyptic economic consequences would follow hard on falling crude supplies. In a […]

OPEC Sees Oil Demand Decline Again

Demand for crude oil from OPEC countries is expected to decline again next year, as independent producers, especially the United States, increase their supplies. Listen to De Capua report on OPEC Times are gradually changing for OPEC, the Organization of Oil Exporting Countries. Its own surveys show how the global market is shifting as oil […]

Netherlands to build world’s largest network of EV fast-charging stations

Green technology companies have encountered a lot of headwinds in the past couple of years, but the transition towards electric vehicles is till crawling forwards – Netherlands to build world’s largest network of EV fast-charging stations. By the end of 2015, residents of the Netherlands will be using the world’s largest network of electric vehicle […]

In OPEC, every oil output number tells a story

OPEC has, for years, insisted that it is an economic organization and not a political one. But few observers would disagree with the suggestion that pretty much everything in OPEC is political. We have seen how politics has complicated the appointments of secretaries general, most recently in the case of Abdalla el-Badri who, despite having […]

Can We Really Walk Away From Empire?

I recently had the opportunity to engage in conversation with Guy McPherson about a number of topics and subsequently began reading his book Walking Away From Empire, Guy’s personal journey of leaving a tenured professorship to radically alter his living arrangements in preparation for the collapse of industrial civilization. I’ve thoroughly enjoyed this touching, inspiring, […]

Biofuels Get a Dubious Boost

In an unexpected move, European parliamentarians have approved a new biofuel regulation that will take emissions from indirect land use change into account. The new text allows the biofuel sector to expand, sending a clear signal to world food markets and jeopardising food security for the world’s poorest. The European Parliament’s Environment Committee (ENVI) voted […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy