BOOK REVIEW: $20 per Gallon

I have to admit that when I saw the title of Christopher Steiner He brings to light certain examples: tuna caught in Canada which is largely purchased in Japan, for instance. He also claims school buses, SUVs, and many police patrol cars will go the way of dinosaurs. Steiner gets so specific as to predict […]

Putin Sounds More Welcoming Tone to Foreign Investors

MOSCOW The speech on economic policy was noteworthy for its exceptionally warm endorsement of a role for private investors. That had not been the case in recent years.

What Is Peak Oil?

Are we about to run into the absolute geological limits of oil in a way that won’t allow us to increase production going forward? I don’t know and I have nowhere near the appropriate level of knowledge to truly judge the data I see on this weekly. And frankly I don’t particularly care; humanity will […]

Gas Taxes, Peak Oil and Long Range Energy Planning

I consider the level of dependence of the U.S. on imported petroleum to be a very large financial risk endangering the country’s future. There are certainly other import-related risks as well, but here I want to talk about the financial risk. I consider it similar to having a mortgage upon which you pay interest each […]

Study: More biofuel corn would hurt water

WEST LAFAYETTE, Ind., Sept. 29 (UPI) — U.S. scientists say they have determined growing more corn to produce biofuels would contaminate water sources. Purdue University researchers said their study of Indiana water sources found those near fields that practice continuous-corn rotations had higher levels of nitrogen, fungicides and phosphorous than corn-soybean rotations. United Press International

Peak oil review – Sept 28

1. Production and prices 2. The G20 Meeting 3. Mexico 4. ASPO-USA interviews in the UK last week Quote of the Week Briefs 1. Production and prices Starting the week in the low $70

Two meter sea level rise unstoppable-experts

OXFORD, England (Reuters) – A rise of at least two meters in the world’s sea levels is now almost unstoppable, experts told a climate conference at Oxford University on Tuesday. “The crux of the sea level issue is that it starts very slowly but once it gets going it is practically unstoppable,” said Stefan Rahmstorf, […]

U.S. July oil demand lowest in 13 years: Govt

WASHINGTON (Reuters) – The U.S. government on Tuesday revised down U.S. oil demand in July to 4 percent below year-ago levels as the struggling economy sent petroleum consumption to the lowest level for the month in 13 years. Oil demand in July was 133,000 barrels per day (bpd) less than the Energy Information Administration previously […]

Clean tech investments soar worldwide: report

SAN FRANCISCO (Reuters) – Global investment in clean technology roared back in the third quarter, driven by solar power and a public offering that underscores growing enthusiasm for the sector, Greentech Media reported on Monday. Clean tech investments — which include solar power, an electric grid controlled by computers for efficiency, electric cars, biofuels and […]

Engineering giants follow the money to green power

SAN FRANCISCO (Reuters) – A green power building spree is on the way, and much of it will be brought to you by the same people who built the nuclear and coal-fired power plants that keep the lights on now. What might strike casual observers or radical greens as odd can be explained by good […]

David Attenborough and Jonathon Porritt challenged on population growth

Third World population booms will have a negligible effect on global emissions and climate change, a new study claims The population explosion in poor countries will contribute little to climate change and is a dangerous distraction from the main problem of over-consumption in rich nations, a study has found. It challenges claims by leading environmentalists, […]

Jeff Rubin warns of imminent rise in oil prices to triple digits

Jeff Rubin, a former Bay Street economist, spoke Thursday on why he believes imminent triple-digit oil prices are going to reverse the tides of globalization. The talk stemmed from his new book, Why Your World is About to Get a Whole Lot Smaller. Rubin’s main point was that the upcoming irreversibly high oil prices will […]

'Brighter days ahead offshore'

“Peak oil very much a reality” Offshore capital expenditure is forecast to increase from last year’s $260 billion to $360 billion by 2013 with the long-term outlook for the industry remaining bullish, market consultants Douglas Westwood said today.

EPA ready to rejigger wild mileage claims for electric cars

If you thought the only thing more outrageous than the 230 mile-per-gallon claim for the electric Chevrolet Volt was the 367-mpg claim for the electric Nissan Leaf, there’s a change afoot that may make sense to you, reports Drive On’s Sharon Silke Carty: The concept of judging fuel efficiency on electric cars by the “miles […]

Risky business: insuring countries against climate catastrophe

HONG KONG, China (CNN) — The last fifty years have borne witness to a spate of climate related disasters across the world causing over 800,000 fatalities and $1 trillion in economic loss. Those stark facts come from the Economics of Climate Adaptation (ECA) Working Group, a group of NGOs and corporations that has produced a […]

One on One with Aramco CEO Khalid al-Falih

SUSIE GHARIB: Oil prices rose today to $66.84 a barrel. In New York trading, November crude futures jumped $0.82. Now a lot of that oil comes from Saudi Arabia, specifically Aramco. That’s the biggest oil company in the world. Recently I met with Aramco CEO Khalid al-Falih in Saudi Arabia and began by asking him […]

Keeping a Close Eye on Impending Risk of Oil Price Spike

The biggest risk of higher oil prices looks to be the latest storm brewing in the Middle East. Our contention has been that oil prices are destined to slip back to their pre-stock-bounce range once economic reality sets in and demand remains persistently low. To that end, we own a hedge against falling oil prices. […]

DARPA awards Energy Focus $3.1m to develop spectrum-splitting solar module

Energy Focus Inc of Solon, OH, USA, which provides LED lighting and fiber-optic products, has entered into a $3.1m, two-year contract with the DuPont-University of Delaware VHESC (Very High Efficiency Solar Cell) consortium as part of solar research funded by the US Defense Advanced Research Projects Agency (DARPA) to enable low-cost photovoltaics. DARPA recently began […]

Oil tanker runs aground in Mississippi River

WASHINGTON Four tugboats were on the scene to try to shift the grounded tanker, and two more were heading towards the boat to try to help with the effort, Lloyds MIU Casualty Service reported. AFP

Sugar + weed killer = potential clean energy source

Researchers at Brigham Young University have developed a fuel cell

Where we really stand with respect to oil and natural gas supplies

A few days ago, I gave a presentation in Poland that talks about how much difficulty the world is having maintaining its oil production. The presentation was not set up to be a response to Jad Mouawad’s recent New York Times article, Oil Industry Sets a Brisk Pace of New Discoveries, but in many ways […]

Kjell Aleklett: Our oily food

In one of his first speeches as USA A large proportion of our time is dedicated to earning money for food and accommodation. Our National Food Administration recommends that we eat food providing 2,500 kilocalories (kcal) per day. Kcal is a unit for measurement of energy. To obtain and prepare this amount of food takes […]

The coming Population Wars: a 12-bomb equation

ARROYO GRANDE, Calif. (MarketWatch) — So what’s the biggest time-bomb for Obama, America, capitalism, the world? No, not global warming. Not poverty. Not even peak oil. What is the absolute biggest, one like the trigger mechanism on a nuclear bomb, one that’ll throw a wrench in global economic growth, ending capitalism, even destroying modern civilization? […]

Preparing for Peak Oil: How Our Lives Will Change Forever

What do the following three cities have in common? Maracaibo in Venezuela, McCamey in Texas, and Baku in Azerbaijan (formerly part of the Soviet Union)? They are all dead ghost towns, former oil production supercenters of their respective nations, and indeed the world. They are now littered with the deteriorating skeletons of oil towers and […]

Rising Nat. Gas Prices Could Spur Marcellus Shale Drilling

Drilling in the natural gas-rich Marcellus shale formation that stretches across western Pennsylvania has been stunted by the recession, but a Pittsburgh oil and gas expert believes change is coming in 2010. Duquesne University Professor Kent Moors, an internationally recognized authority in oil and gas policy and finance issues, predicted that the price of natural […]

Do CIGS thin-film production expansions raise material supply concerns?

In the fast-paced world of thin-film PV production, concerns over material supply have often been raised, potentially restricting growth and limiting manufacturing cost reductions as prices of materials such as rare earth metals go through the roof. Speculation can become rife, especially when there is a lack of easily available data on supply and real […]

Spain Says Has Power To Spare, Can Phase Out Nukes

Spain’s top energy official said on Monday the country had enough spare generating capacity to phase out nuclear power stations in the medium term, in line with government policy. In recent years, Spain has subsidized renewable energy in order to cut its heavy dependence on fuel imports and reduce greenhouse gas emissions. It is now […]

Preparing for the Oil-Driven Economic Collapse

Part of the problem with being an analyst is that we are expected to think as if we were living five years in the future. While the market is undergoing a recovery at the moment, I was recently part of a massive panel of ex-Intel executives who were anticipating another collapse, this time energy-driven. It […]

Saudi Says $75 Oil Helps All Energy Types

As I wrote a few weeks ago, Ali al-Naimi, the Saudi oil minister, subscribes to the “Goldilocks” view of the current market — in which prices are neither too high for consumers, nor too low for producers, but are just right for all. The world needs oil prices to be around $75 a barrel to […]

Increase In Atmospheric Methane Caused By Unusual Arctic Warmth?

Unusually high temperatures in the Arctic and heavy rains in the tropics likely drove a global increase in atmospheric methane in 2007 and 2008 after a decade of near-zero growth, according to a new study. Methane is the second most abundant greenhouse gas after carbon dioxide, albeit a distant second.Science Daily

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