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News from April 2006

Fuel oil crisis deepens as pumps stop selling

Fuel oil crisis deepens as pumps stop selling thumbnail

Fuel oil crisis has aggravated further across the country, including the capital yesterday as filling stations stopped selling of diesel, petrol and octane. Most of the long-distant inter-district buses also could not leave Dhaka for their destinations in different districts as the filling stations refused to sell fuel oil to them. Many passengers of different […]


The Paradigm is the Enemy – Michael C. Ruppert

The Paradigm is the Enemy – Michael C. Ruppert thumbnail

THE PARADIGM IS THE ENEMY: The State of the Peak Oil Movement at the Cusp of Collapse As a matter of necessity, in the course of a turbulent and often very difficult life, I have developed a pretty warped sense of humor. As most police officers, nurses, ER doctors, paramedics, and military combat veterans know, […]


Apocalypse Soon

Apocalypse Soon thumbnail

Consider this future for Hamilton. Within 10 years gas prices will be four times the current $1.06 per litre cost. The ramifications are extensive, from more expensive strawberries in winter, to the consolidation of the packaging industries, to a future divide between the rich and poor. Hamilton, which is billing itself as Southern Ontario’s transportation […]


Are We Doomed for Inflation-Adjusted 1980s Prices?

Are We Doomed for Inflation-Adjusted 1980s Prices? thumbnail

Now that the oil market has seen $75 per barrel and retail gasoline prices are near $3 a gallon, are we doomed to see a repeat of inflation-adjusted 1980s prices? Crude prices are approaching the true all-time high of close to $40 seen in the early 1980s, which translates to around $90 in today’s dollars. […]


Has Global Oil Production Reached Maximum Capacity? A Debate on Peak Oil

Has Global Oil Production Reached Maximum Capacity? A Debate on Peak Oil thumbnail

With the price of oil soaring to record highs and oil companies reporting record profits, many are asking whether the world has reached peak oil production. Peak oil occurs when half of all existing oil has been pulled from the ground. Some experts believe we are at peak now while others disagree. We host a […]


Quick Fixes Won’t Solve Looming Oil Crisis, Scientists Say

Quick Fixes Won’t Solve Looming Oil Crisis, Scientists Say thumbnail

With the cost of oil at or near record territory and gasoline prices hovering around $3 a gallon, the government is advocating new measures to sooth growing public concern over rising prices at the pumps. But the fixes are only temporary and largely symbolic, scientists say. They will do little to address the more serious […]


U.S. May Extend Trucker Hours to Refill Tanks at Gas Stations

U.S. May Extend Trucker Hours to Refill Tanks at Gas Stations thumbnail

April 28 (Bloomberg) — The U.S. Transportation Department may relax rules that limit the hours tanker truck drivers can work, after fuel-delivery problems caused filling stations to run out of gasoline. Some service stations in Texas and eastern states including Pennsylvania and Maryland ran out of fuel this month as they emptied their tanks to […]


The Oil Drum: Plus ca Change…

The Oil Drum: Plus ca Change… thumbnail

…the more they stay the same… A couple of pictures to begin with, the first is a month (and 50 cents) out of date, but it is a good start on telling folk where the price of a gallon goes. (From the EIA) And the second, which others have put in comments, are the ongoing […]


European Biodiesel Production Climbs 65% in 2005 to Hit Record

European Biodiesel Production Climbs 65% in 2005 to Hit Record thumbnail

Biodiesel production in the 25 European Union member countries (EU-25) hit a new record in 2005, shooting up 65% from 2004 to 2005, an increase from 1.9 million tonnes to 3.2 million tonnes (about 966 million gallons) according to figures released by the European Biodiesel Board. The European Union is the global leader in biodiesel […]


Personal sacrifices could mitigate gas crisis

Personal sacrifices could mitigate gas crisis thumbnail

NEXT time you’re standing there with a gas pump in your hand, watching the meter rack up a price that resembles your Zip Code, chew on these words: “Of course is going to rise. Certainly! And how … you increased the price of wheat you sell us by 300 percent, and the same for sugar […]


A Manhattan Project for energy independence?

A Manhattan Project for energy independence? thumbnail

President Bush blew into Silicon Valley last Friday for a televised meet-and-greet with Cisco Systems’ John Chambers before heading out to Napa Valley for some quality mountain biking. As it turned out, that was the most productive part of his visit. Bush opened his talk at Cisco by suggesting it would be an “issues discussion” […]


Energy-hungry China clinches oil exploration pacts with Kenya

Energy-hungry China clinches oil exploration pacts with Kenya thumbnail

NAIROBI (AFP) – China inked oil exploration deals with Kenya as visiting President Hu Jintao continued his African quest to quench China’s near-insatiable demand for energy to fuel its booming economy. The China National Offshore Oil Corporation (CNOOC) said Friday that the agreement covered production-sharing contracts for six blocks off Kenya’s Indian Ocean coast covering […]


Planning, Policy, Strategy, and Energy – Letters

Planning, Policy, Strategy, and Energy – Letters thumbnail

…”High gasoline taxes, Swedish central planning, Japanese social engineering; you people aren’t libertarians. You are worshippers of big government.” Oh, come on, Jim. Give us a break. I write an article about how government at every level, and people everywhere, should begin to plan for national survival in the face of Peak Oil, and now […]


Questioning oil’s rationale

Questioning oil’s rationale thumbnail

SAN FRANCISCO — Now that the oil market has seen $75 per barrel and retail gasoline prices are near $3 a gallon, are we doomed to see a repeat of inflation-adjusted 1980s prices? Crude prices are approaching the true all-time high of close to $40 seen in the early 1980s, which translates to around $90 […]


Sky-high oil prices fuel ethanol mania in China

Sky-high oil prices fuel ethanol mania in China thumbnail

HONG KONG/BEIJING – Record crude oil prices are fuelling ethanol fever in China, the world’s second-largest oil consumer, despite Beijing’s reservations in allowing more food grains to be used to run cars. Beijing is reluctant to expand ethanol production from food grains as China will face a shortage of grains like corn or wheat possibly […]


Berkeley scientist wins award for energy work

Berkeley scientist wins award for energy work thumbnail

As a physicist, Arthur Rosenfeld worked with some of the 20th century’s greatest scientific minds and had a heady role in discovering building blocks of matter with Nobelist Luis Alvarez. Then a cartel of Arab and South American nations cut oil deliveries to the United States and Western Europe Rosenfeld found the solutions almost everywhere […]


39 million reasons why $3 gas may change America

39 million reasons why $3 gas may change America thumbnail

Just how big a deal is $3 gasoline? For those with six-figure household incomes it’s an annoyance, but little more. Evian spring water goes about $6.80 a gallon when purchased in one-liter bottles. For those in the tap-water brackets, the situation is a bit different. For many of the 39 million households making less than […]


Ministers bullish on biomass fuel

Ministers bullish on biomass fuel thumbnail

The UK government says energy from crops, trees and waste can play a key role in meeting targets on renewable power and cutting CO2 emissions. Energy Minister Malcolm Wicks believes the sector is vital if the goal of renewable power providing 20% of UK electricity by 2020 is to be achieved. Only about 1% of […]


White House wants to change mileage standards for passenger cars

White House wants to change mileage standards for passenger cars thumbnail

WASHINGTON “Along with other previously announced energy policies, the president believes these actions are critical to promoting our nation’s energy security and independence,” Mineta wrote. Mineta said a simple increase in standards under the current Corporate Average Fuel Economy (CAFE) system “would increase fatalities on America’s highways, raise health care costs and reduce employment. As […]


China Rate Move Won’t Blunt Oil Demand, Analysts Say

China Rate Move Won’t Blunt Oil Demand, Analysts Say thumbnail

China’s surprise move to boost interest rates in an attempt to cool down its economy won’t slow oil demand growth in the world’s second-biggest oil consumer, analysts said Thursday. ‘I’s a very small interest rate move amongst a relatively strong economy, so that in itself shouldn’t do anything,’ Lawrence Eagles, an analyst at the Paris-based […]


Soros is right to be scared of Russian monopolies

Soros is right to be scared of Russian monopolies thumbnail

The word from Moscow is not to expect a bid from Gazprom for Centrica any time soon, but don’t expect the tale to go away. Gazprom has an ambition to supply 20% of the British gas market, and so the comments by George Soros yesterday on the true nature of Russia’s state-controlled energy companies deserve […]


Efficient uses of energy

Efficient uses of energy thumbnail

Dhaka’s shop and market owners have threatened that they would go for a movement if they are not supplied with adequate electricity. The same warning has been given earlier by the garment manufacturers. Actually the shortage of power is one of the most discussed issues across the country. The country seriously lacks efficient use of […]


Bernanke: Energy Prices Could Speed Inflation

Bernanke: Energy Prices Could Speed Inflation thumbnail

Federal Reserve Chairman Ben Bernanke told Congress during testimony this morning that the economy is performing well and should continue on that track in the coming months, but rising energy prices and the resulting fear of inflation might force the Fed to continue raising interest rates. “Rising energy prices pose risks to both economic activity […]


MUSHARRAF OFFERS HIS COUNTRY AS CHINA’S ENERGY CORRIDOR

MUSHARRAF OFFERS HIS COUNTRY AS CHINA’S ENERGY CORRIDOR thumbnail

President General Pervez Musharraf has told delegates at a three day Pakistan China Energy forum that he wouldturn the country into a trade, industry and energy corridor for the benefit of the two neighbours and the whole region. “When Karakoram Highway was built, the world called it the eighth wonder, we can create the ninth […]


Iraqi oil gangs syphon off billions

Iraqi oil gangs syphon off billions thumbnail

A new class of grand mafiosi sucking billions of pounds out of Iraq’s vital oil sector is crippling efforts to rebuild the nation, according to an official report published in Baghdad. The findings of the Oil Ministry’s independent inspector-general painted a sordid picture of massive abuses pervading every corner of the industry, from the well-head […]


Iran to invest in Indonesian gas-and-oil projects

Iran to invest in Indonesian gas-and-oil projects thumbnail

Iranian President Mahmoud Ahmadinejad will sign US$600 million in investments in Indonesia’s gas and oil sector during a state visit next month, a foreign ministry spokesman said Friday. “Iran wants to invest US$200 million to fix offshore refinery platforms in Indonesia and also to invest US$400 million in building a gas pipeline from South Sumatra […]


Bullish Trends To Help Coconut Oil Prices

Bullish Trends To Help Coconut Oil Prices thumbnail

Bullish indications that include fresh demand from the biofuel sector and new oleochemical facilities could further boost export prices of Philippine coconut oil beyond 2006, an industry executive said Friday… According to Danilo Coronacion, chief executive officer of CIIF Oil Mills Group, high crude oil prices will increase demand for coconut methyl ester or CME, […]


UK’s Blair to back building of nuclear power plants

UK’s Blair to back building of nuclear power plants thumbnail

Prime Minister Tony Blair has taken a firm decision to back the building of a new generation of nuclear power plants as part of the review of the country’s energy needs that will be published this summer, the Financial Times reported. Without citing sources the newspaper said Blair has taken the view that it will […]


Biodiesel in a blender

Biodiesel in a blender thumbnail

With the right gear, you can make your own biodiesel from the comfort of your kitchen. Here are the basics on biodiesel production in a blender. Biodiesel in 6 easy steps 1. Perform a titration to determine the amount of lye needed 2. Dissolve the lye into 200 milliliters of methanol 3. Mix the sodium […]


Time to Bury Cheney Doctrine, Go on an Energy Diet

Time to Bury Cheney Doctrine, Go on an Energy Diet thumbnail

It’s time to bury the last vestiges of the Cheney doctrine and put America on an energy diet, which liberals and conservatives alike should embrace. If American oil companies won’t use their profits to make the kind of investments in renewable alternatives that their European counterparts have made, then the public will insist, rightly, that […]


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