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Some hybrids not as reliable as gas-powered models
Owners of 2001-model Toyota and Honda hybrids reported twice as many engine problems as owners of gas-engine Toyotas and Hondas. Owners of Volkswagen diesels reported up to twice as many engine problems as owners of VWs burning gas.
Gas Prices Rising, Again
Retail gasoline prices dropped slightly in Los Angeles but stubbornly high prices in the wholesale market could bring an end to the decline in pump prices, which have gradually ease in the past two months, according to the Automobile Club of Southern California’s Weekend Gas Watch.
The average price of self-serve regular gasoline in the Los Angeles-Long Beach area was $2.196 a gallon, which is 2.1 cents lower than last week, 10 cents lower than last month and 49 cents higher than last year.
Alberta Oil Sands
Pinning hopes on the tar sand Athabasca fields prove bountiful Oil production expected to soar From the Toronto Star – www.thestar.com – Sunday, July 25, 2004 JOHN SPEARS BUSINESS REPORTER FORT McMURRAY, Alta.
Oil sands will drive 40% hike in crude output
The report projects that production of conventional light will drop to 334,000 bpd in 2015 from 622,000 bpd in 2003, while conventional heavy will decline to 266,000 bpd from 497,000 bpd.
Bacteria, Underground Fires to Unlock Oil Reserves
” Could microbes, underground fires, or sonic vibrations help open up untapped oil resources?”
Beijing ‘brown-out’ to save power
Beijing has experienced its first “brown out” of the year – a partial power cut to save energy as China grapples with soaring electricity demand. BBC
Oil hovers above $40 for 7th day
SINGAPORE (Reuters) – U.S. oil prices stayed above $40 for the seventh trading day in a row on Thursday, with dealers unwilling to sell in a market where global supply is stretched almost to its limits by strong demand.
UPDATE 4-U.S. oil hits $42 ahead of contract expiry
NEW YORK, July 20 (Reuters) – Oil prices were higher on Tuesday, with benchmark U.S. crude trading above $42 a barrel for the first time since June 2, supported by concerns robust world demand is stretching supplies to the limit.
Bolivia Moves to Take Control of Oil Wells After Vote
The proposal also would increase taxes and royalties on production to as much as 50 percent, up from 38 percent, at Bolivia’s four largest oil fields.
It also would revive the state oil company Yacimientos Petroliferos Fiscales Bolivianos, or YPFB, to manage production with oil companies in Bolivia, which include Repsol, London-based BP Plc, Reading, England-based BG Group Plc and Paris-based Total SA.
Peak Oil in the Guardian again
Oil drought could be our saviour
New clathrate shows promise for H2 storage
It’s not yet ready for use in your hydrogen-powered Shelby, but a newly discovered form of hydrogen clathrate may one day extend its range.
Also, researchers have finally created a long-predicted, diamond-like crystalline polymeric form of nitrogen that may have potential as an environmentally friendly, very-high-density energy storage medium. (Or a killer new bomb, depending on who wins the election… :~)
Deep Hot Biosphere author Gold dies
Thomas Gold, the controversial US-based astronomer and geoscientist, died yesterday in Ithaca, New York, at the age of 84. In his 1998 book The Deep Hot Biosphere, Gold proposed that oil and coal are not remnants of ancient surface life that became buried and subjected to very high temperatures and pressures. Gold instead argued that […]
Oil: Price ends above US$41 as funds flow in
The new data puts Opec output at its highest since December 1979, according to Geoff Pyne, an independent energy analyst and veteran Opec watcher.
With only Saudi Arabia holding any significant additional capacity, analysts expect little new oil to emerge when the cartel’s ceiling rises another 500,000 bpd from Aug. 1.
Traders welcome fuel oil futures’ launch cautiously
Traders have welcomed the impending resumption in trading of fuel oil futures which is the second futures product this year after the debut of cotton futures last month. Traders hope the futures will allow them to tap into China’s booming oil market.
Spies? Even Maxwell Smart wouldn’t believe it
THE bungling Israeli “spies” at the centre of a major diplomatic row would make Maxwell Smart look like James Bond.
World oil demand will continue to grow rapidly in 2005
“Continued expansion of both the automobile fleet and the highway network will sustain road fuel consumption. On the other hand, limited refining and oil import capacity and transportation bottlenecks may put a cap on Chinese demand growth by constraining supply,” the IEA said.
N.Y. Oil Climbs to 5-Week High as U.S. Gasoline Demand Soars
July 12 (Bloomberg) — Crude oil rose to a five-week high in New York amid record U.S. fuel demand that’s forcing oil companies to run refineries at close to maximum capacity to keep filling stations supplied in the world’s largest gasoline market.
N.Y. Oil Climbs to 5-Week High as U.S. Gasoline Demand Soars
July 12 (Bloomberg) — Crude oil rose to a five-week high in New York amid record U.S. fuel demand that’s forcing oil companies to run refineries at close to maximum capacity to keep filling stations supplied in the world’s largest gasoline market.
N.Y. Oil Climbs to 5-Week High as U.S. Gasoline Demand Soars
July 12 (Bloomberg) — Crude oil rose to a five-week high in New York amid record U.S. fuel demand that’s forcing oil companies to run refineries at close to maximum capacity to keep filling stations supplied in the world’s largest gasoline market.
Oil Kamikaze
Unlike scores of martyrdom seeking suicide terrorists who have killed themselves throughout the world in recent years these ten had a goal which extended beyond plain murder. Their target was the global energy market, or more specifically oil — in the words of al Qaeda “the feeding to the artery of the life of the Crusader nation”.
How large is Prudhoe Bay?
Williams had witnessed a huge oil discovery at Gull Island (5 miles north of Prudhoe Bay in the Beaufort Sea) that could have produced so much oil, that the official said that another pipeline could be built “and in another year’s time we can flood America with oil- Alaskan oil … and we won’t have […]
Big deepwater world oil reserves to be found
“So you can see that to get to that 100-odd billion that we’re talking about, there’s at least another 20 years of exploration needed.”
Big deepwater world oil reserves to be found
“So you can see that to get to that 100-odd billion that we’re talking about, there’s at least another 20 years of exploration needed.”
Big deepwater world oil reserves to be found
“So you can see that to get to that 100-odd billion that we’re talking about, there’s at least another 20 years of exploration needed.”
Big deepwater world oil reserves to be found
“So you can see that to get to that 100-odd billion that we’re talking about, there’s at least another 20 years of exploration needed.”
Australian oil production declining fast
Geoscience Australia estimated that,
Australian oil production declining fast
Geoscience Australia estimated that,
Australian oil production declining fast
Geoscience Australia estimated that,
OPEC Still Committed to Raising Quota by 500,000 bpd Next Month
OPEC will go ahead with next month’s planned production increase in a further attempt to reduce high world oil prices, the cartel’s President Purnomo Yusgiantoro said. “OPEC still has a commitment to raise its quota by 500,000 barrels a day beginning in August”
OPEC Still Committed to Raising Quota by 500,000 bpd Next Month
OPEC will go ahead with next month’s planned production increase in a further attempt to reduce high world oil prices, the cartel’s President Purnomo Yusgiantoro said. “OPEC still has a commitment to raise its quota by 500,000 barrels a day beginning in August”
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