The US Department of Energy (DOE) recently issued a report called Report on the first Quadrennial Technology Review (QTR), which has as its purpose helping the DOE choose among conflicting priorities. The new report sets priories based on a distorted view of the future. One issue is that it is trying to set priorities based on an […]
Israel’s prime minister has ordered an investigation into alleged leaks of plans to attack Iran’s nuclear facilities, it has been reported. According to the Kuwaiti newspaper al-Jarida, the main suspects are the former heads of the Mossad and the Shin Bet, respectively Israel’s foreign and domestic intelligence agencies. Netanyahu is said to believe that the […]
The Occupy Wall Street movement is just one example of the sudden outbreak of tension between America’s super-rich and the “other 99 percent.” Experts now say the US has entered a second Gilded Age, but one in which hedge fund managers have replaced oil barons — and are killing the American dream. At first, the […]
China will adhere to its family planning policy so as to maintain a low reproduction rate, said the country’s family planning chief on Sunday, expected to be the eve of the world’s population reaching seven billion. “Over-population remains one of the major challenges to social and economic development,” said Li Bin, director of the State […]
Glenn Greenwald has a cynical look at the announcement that US troops will be out of Iraq by year end (if you don’t count a division of mercenaries operated by the state department that is) – About that Iraq withdrawal. President Obama announced today that all U.S. troops will be withdrawn from Iraq by the end of the year, and […]
Saudi King Abdullah late Thursday named his conservative half brother and interior minister, Prince Nayef, as the crown prince following the recent death of the heir-apparent to the kingdom’s throne. Prince Nayef is one of the most powerful princes in the world’s top oil-producing nation. He became the crown prince after a special committee, set […]
Tensions are growing in the South China sea, where India, China and other countries have spared over drilling rights. Even in an age of 24-hour globalised news, some important events only come to light well after the fact. Something of this sort happened several months ago in the South China Sea – and may shape […]
What U.S. presidents seeking re-election fear most is the wrath of a rising misery index. And nothing brings more misery to the world’s largest oil consuming economy than high oil prices. During the 1960s, Arthur Okun, an American economist, created the idea of a “misery index” to measure economic hardship. It was simply the sum […]
A group of distinguished energy experts representing academia, industry, think tanks, and non-profit organizations will meet Wednesday, October 26, 2011 at 10:30 am in front of the U.S. Department of Energy (DOE) to call for “Truth in Energy”regarding the possibility of a near-term oil crisis and long-term oil shortages. Following the news conference, the group will deliver a letter […]
King Abdullah among mourners at crown prince’s funeral as focus shifts to who ailing monarch will name as his successor. The funeral of Sultan bin Abdulaziz Al Saud, Saudi Arabia’s crown prince, has taken place in Riyadh, touching off what is likely to be the first of several major changes in the country’s line of […]
Straight from the horse`s mouth
Crown Prince Sultan bin Abdulaziz Al Saud, Saudi Arabia’s deputy prime minister and minister of defense and aviation, has died. He was born in Riyadh in 1928, according to the Saudi embassy in Washington, and was heir apparent to the throne. State television in Saudi Arabia, which holds the world’s largest oil reserves, announced the […]
Muammar Qaddafi, whose rule lasted 42 years, died from battle wounds after being captured in his hometown of Sirte, ending a search for the deposed leader that began when he fled Tripoli in August, Libyan officials said. “Years of tyranny and dictatorship have now been closed,” Abdel Hafiz Ghoga, National Transitional Council vice chairman, told […]
Peak oil sceptics argue the real problem for climate change and our planet may be too much fossil fuel, not too little. Lionel Badal explains why he disagrees In a recent article, Dieter Helm, Professor of energy policy at the University of Oxford, argued that ‘the peak oil brigade’ was ‘leading us into bad policymaking […]
President Ahmadinejad made the remarks in an interview with the Al Jazeera television network on Monday night, the website of the president’s office reported. “Creating conflicts in relations between Iran and Saudi Arabia in order to dominate the region and diverting attention from the United States’ internal problems are the most important objectives of this […]
The 30 million barrels of light sweet crude sold from the US oil stockpile this summer has long since flowed into buyers’ refineries and storage facilities. Despite grousing by Republicans about the Obama administration’s decision to label the Libyan civil war a global oil supply emergency, they haven’t followed through with promises to investigate Strategic […]
One can’t assume energy prices are going ever upwards. The real problem is there may be too much fossil fuel, not too little It is almost always a mistake to assume you know where energy bills are going. This is especially true for secretaries of state, and energy policy should never be based upon assuming […]
Recently I met a retired British diplomat who claimed with some pride that he was the man who had invented the phrase, “the management of decline”, to describe the central task of British foreign policy after 1945. “I got criticised,” he said, “but I think it was an accurate description of our task and I […]
It began in Tunisia and Egypt, then spread throughout the Middle East and North Africa. It spilled into Spain, Greece, and Ireland. It leapfrogged to Wall Street. And this past weekend it erupted in London, Rome, Paris, Tokyo, Taipei, and Sydney. In hundreds of towns and cities around the world the uprising’s refrain is similar: […]
The United States will this week commence huge military maneuvers aimed at Iran, with a massive air fleet patrolling middle eastern skies ready to land at any time, in response to Iran’s involvement in an alleged assassination plot that experts have labeled dubious, amidst fears that US and Israeli targets could be hit by attacks. […]
It hasn’t dawned on John Key, but the idea that growth in the developed world may have stalled for more than a year or two is now dawning on central bankers, economic thinkers and protestors around the world. The realisation that real and sustainable growth may not have happened in the developed world for the […]
Iran’s former president Mohammad Khatami on Thursday warned the government of Mahmoud Ahmadinejad of a possible US military attack, following charges that Iran was behind a plot to assassinate the Saudi Arabian ambassador to Washington. “Our political officials should be careful not to give the US any pretext to target our security and territorial integrity,” […]
The Renewable Fuel Standard (RFS) program, created under the Energy Policy Act of 2005, mandated that increasing volumes of ethanol must be blended into the nation’s gasoline supplies. The 2007 Energy Independence and Security Act accelerated and expanded the original mandates with the RFS2. The RFS2 also mandated the use of advanced biofuels: 100 million gallons of […]
The Obama administration plans to use an unproven accusation leveled against Iran to mount a new international sanctions campaign and possibly attack the country. On Tuesday, the Justice Department announced it had uncovered a plot by Iran to enlist a member of a Mexican drug cartel to kill Saudi Arabia’s envoy in Washington, D.C. The […]
* US issues 15 notices of violations for spill * First time sanctions issued against contractors * Face fines of up to $35,000 a day, per incident The U.S. offshore drilling regulator on Wednesday formally issued sanctions against BP and the major contractors for the 2010 explosion on the Deepwater Horizon rig that killed […]
As UK Shale Gas Could Shake Government Coalition points out, Russia clearly holds now the balance of power when it comes to European energy security. However, the current Eurozone economic crisis and the development of massive European shale gas reserves are set to combine to re-shape entirely the landscape of European power politics – no matter what the politicking […]
Speaking the truth can be painful. I had heard about Maryland’s proposed redistricting before, but hadn’t put two and two together until I read Outsider Bartlett faces political challenge of career. During a nearly two-decade career on Capitol Hill, the Western Maryland Republican has remained the consummate political outsider, eschewing Washington to drive home each night […]
Canada has long billed its oil and natural gas resources as a solution to its southern neighbour’s ravenous demand for energy. But the discovery of a way to extract natural gas from tightly packed shale rock has meant the US no longer needs to import as much natural gas. And an environmentalist movement against the […]
A House committee voted Wednesday to eliminate some $50 million that President Barack Obama requested for the U.N. organization that helps women and children in developing countries with reproductive health and family planning, a reflection of growing Republican anger with both the world body and its work in China. The GOP-led Foreign Affairs Committee approved […]
The good news is that, on the basis of its trailer (see below), I really want to see “SpOILed,” a just-released documentary about our fossil fuel future by a New Mexico-based filmmaker named Mark Mathis. The bad news is that I don’t expect it to be good — you know how people rubberneck at car wrecks? The […]
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