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a community peak oil portal
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| Rising costs threaten UK wind farm programme |
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 Guest writes: ...Two wind farms, Lynn and Inner Dowsing, with a combined 180MW capacity which Centrica has built off the Lincolnshire coast, doubled in price in the time they were built. They are about to come on stream and Centrica has plans at three more sites off the Lincolnshire and Norfolk coasts.
"The worrying trend is that if the manufacturing costs continue to increase, then I think that the wind target is under threat," said Mr Sambhi.
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| Oil price surge threatens airlines |
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 Guest writes: Almost all the world's airlines are heading for significant losses if oil prices stay at their current level, experts have warned as crude touched a record high.
City analysts said the price rise - up to $126 a barrel in New York - could also trigger a decline in air travel.
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| Driving and cheap flights lay waste to recycling campaign |
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 Guest writes: Hopes that Britain has turned into a nation of environmentalists were dealt a severe blow yesterday by an official report which found that the nation's carbon footprint was growing.
Although far more households were separating their rubbish for recycling, any benefits to the environment have been more than wiped out by a sharp rise in car journeys, a decline in cycling and a dramatic increase in commercial flights.
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| Sports world begins to sputter under weight of fuel prices |
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 Guest writes:
Eight high schools south of Detroit announced this week they are forming a new league of schools within a 15-mile radius. The cost of gas is one major reason.
"It makes the most sense, especially in these economic times," Allen Park athletics director Ken Stephens says. "Where can you save money? You can cut down on transportation."
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| The Case For $80 A Barrel Oil |
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| Oil prices may hang above $100 a barrel for the rest of this year but will fall as low as $80 next year as world demand slackens and Saudi Arabia tries to buy influence with the incoming president by pumping more crude oil, an influential Lehman Brothers analyst said in a report issued today.
Saudi engineers have been working on several big projects that could boost the nation's output by 1.3 million barrels a day--more than the expected increase in global demand next year--but the secretive nation is "likely to keep its political tool, excess production capacity, close to its chest until it has a new U.S. president to win over," Morse writes.
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| Oil addiction to drive US election |
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| Guest writes: WITH Wall Street suddenly abuzz with talk of crude oil prices reaching $US200 a barrel and the three remaining presidential candidates apparently vying with one another to present the most politically opportunistic (and economically absurd) energy "plan", it is becoming increasingly clear that America's addiction to cheap oil is likely to be a major issue this November.
Unfortunately, if the recent level of discourse is any indication, there is little likelihood of anything useful emerging from the political debate. For that to happen, there would have to be an acknowledgment by politicians that the forces of supply and demand prevail in the global oil market, just like other markets, and are at the root of US dependence on imported oil.
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| G-7 Central Bankers Stymied By 'Crude Oil Vigilantes' |
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| Guest writes: The “Group of Seven” central bankers, who control the money spigots in two-thirds of the world’s economy, huddled with their colleagues from China and Russia behind closed doors in Basel, Switzerland this week, haunted by the “Crude Oil Vigilantes” who threaten to unravel G-7 schemes to rescue troubled global banks. Yesterday, the price of West Texas Sweet traded as high as $124 /barrel, doubling from a year ago and guiding Chicago Corn futures to all-time highs.
European Central Bank chief, Jean Trichet, chaired a meeting of central bankers from the “Group of 10” industrialized nations on May 5th, and acknowledged that:
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| Salt water tested as fuel source |
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| Guest writes: SEATTLE – For more than a year, it's been widely circulated on the Internet as a scientific oddity.
Now a process that converts sea water into a possible fuel source is gaining legitimacy.
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| Record oil prices bring fresh interest in L.A.'s wells |
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 Guest writes: LOS ANGELES — Record prices are prompting oil prospectors to renew interest in drilling in Los Angeles, where urban sprawl, environmental opponents and decades of production make for one of the world's toughest oil fields.
"We're more active than ever," says Tim Marquez, CEO and founder of Venoco, which is running wells and reviving old ones in the city and elsewhere in California.
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| State of Connecticut Begins Planning for Peak Oil |
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| vox_mundi writes: State Rep. Terry Backer (D-Stratford) announced passage of a bill he authored, House Bill#5724, An Act Concerning Energy Scarcity And Security, that will take steps to ensure Connecticut's energy planning is in place and alternative strategies have been designed to address the ever increasing cost and potential supply disruption in the face of global oil supply constrictions.
Representative Backer, co-founder of the Connecticut Legislative Peak Oil and Natural Gas Caucus said, "We are standing at the doorstep of a sea change in energy and our consumption of it. The world's oil supply so critical to every aspect of modern life and is not keeping pace with demand globally. It is unlikely that enough supply and flow will ever be generated to satisfy the global economy and demand –everything changes from here in and we must be prepared"
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| 'Peak oil' is here. Now what? |
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| Last week, noted author Richard Heinberg, a world authority on oil depletion, spoke at the State House before a small group of lawmakers and members of the general public. Heinberg’s talk was entitled “Going, Going, Gone,” and addressed specifically the issue of “peak oil,” and the imminent decline in the availability of inexpensive fossil-fuel based energy. It is safe to say that the short piece on the evening news documenting Heinberg’s appearance may have been the first introduction to the concept of peak oil for many Rhode Islanders.
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 vox_mundi writes:
Canadian and U.S. spotters are being kept busy this year by hundreds of the frozen chunks in Atlantic shipping lanes
A surge in the number of icebergs off Newfoundland has imperilled marine traffic and added work for the flight crews who monitor offshore.
About 600 icebergs are currently on the Grand Banks, roughly double the total all last year, according to the U.S. Coast Guard. Two years ago, the area had virtually none.
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| Oil stockpile a drop in the bucket |
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 vox_mundi writes: NEW YORK (CNNMoney.com) -- As part of their plan to tame record oil prices, lawmakers are urging the President to stop putting oil in the nation's Strategic Petroleum Reserve. But some analysts say that won't do much to lower gas prices.
... Currently, about 70,000 barrels a day are pumped into the reserve from oil the government takes in lieu of royalty payments from firms operating in the Gulf.
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| Sea changes could warn of Day After Tomorrow scenario |
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| vox_mundi writes: In the movie The Day After Tomorrow, the world froze pretty quickly when a major ocean current, dubbed the "ocean conveyor belt", turned off.
While that was a work of fiction, slowdowns of the conveyor are possible and researchers have now found a way of giving us a few years' advance notice.
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| Some commuters rethink where they call home |
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| Guest writes:
Camisha and Kenneth Champ of Culpeper, Va., were spending more than $100 a week to drive their Toyota Corolla 90 minutes each way to their jobs in Fairfax, Va.
"We were just working to pay for gas," says Camisha Champ, a hospital scheduler. They keep their Lincoln Navigator in the garage because it costs too much to drive.
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