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Meanwhile, keep watching for shortage reports, because we should start seeing some sneak in this week, if our doom-o-meter is calibrated correctly.

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Jason and the secret climate change war
Enviromental Headlines; Climate ChangeGraeme writes:

A shadowy scientific elite codenamed Jason warned the US about global warming 30 years ago but was sidelined for political convenience

Today the scientific argument about the broad principles of what we are doing to the Earth’s climate is over. By releasing huge quantities of greenhouse gases such as carbon dioxide and methane into the atmosphere we are warming the world.

Since the early 1990s there has been a furious debate about global warming. So-called climate change “sceptics” have spent years disputing almost every aspect of the scientific consensus on the subject. Their arguments have successfully delayed significant political action to deal with greenhouse gas emissions. Recent research reveals how the roots of this argument stretch back to two hugely influential reports written almost 30 years ago.

Posted by Leanan on Monday, September 08 @ 03:25:26 PDT (26 reads)
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China marches past USA to stake a claim to Iraq's oil
Public Policy; Political and Legal NewsChina has secured Baghdad's first post-Saddam Hussein oil deal by reviving a 1997 concession to exploit reserves on the al-Ahdab field south of the capital.

The two countries are expected to formally sign an agreement later this month that will earn the state-controlled China National Petroleum Corp (CNPC) a fixed price for every barrel it produces in Iraq.

While China opposed the Iraq war and stood back from post-war rebuilding, Beijing has quietly outflanked its global rivals to grab a large slice of Iraq's oil industry. The pioneers of its overseas quest for fuel are already exploring vast tracts in the Kurdish north of the war-torn nation.

Posted by Leanan on Sunday, September 07 @ 19:51:32 PDT (198 reads)
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Off-shore LNG terminals get poor marks from ocean advocacy group
Enviromental Headlines; Climate Change

TRENTON -- An ocean advocacy group released a report Wednesday that lambasts liquified natural gas and three different proposals to build liquefied natural gas terminals off New Jersey's shore.

The report, which characterizes liquified natural gas, or LNG, as expensive, dirty and a threat to the nation's energy independence, is meant to jumpstart Clean Ocean Action's effort this fall to lobby state lawmakers and Gov. Jon S. Corzine to stop the LNG terminal projects off the coast of Monmouth and Ocean counties from moving forward. Corzine's final Energy Master Plan is expected this fall, and the group's leaders said they're working to ensure LNG doesn't make it into the report.

Posted by coyote on Sunday, September 07 @ 18:01:00 PDT (105 reads)
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Gulf oil and gas producers give Ike a serious look
Production; Extraction; Exploration

NEW YORK (AP) — Efforts to bring oil and gas production back online in the Gulf of Mexico slowed Sunday as Hurricane Ike barreled toward the nation's energy complex, likely to be the second hurricane to slam into the Gulf in as many weeks.

Royal Dutch Shell said it would keep staffing at its offshore installations to a minimum as it monitors the storm, which was described as "extremely dangerous" by the National Oceanic and Atmospheric Administration on Sunday.

Posted by coyote on Sunday, September 07 @ 17:53:02 PDT (148 reads)
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Lester R. Brown: Want a better way to power your car? It's a breeze
Hydrocarbon Alternatives

Legendary Texas oilman T. Boone Pickens is half right. We do need to harness this country's wind resources for a homegrown source of electricity, as he has been urging this summer in expensive television ads. And we do need to reduce the $700 billion we may soon be paying annually for imported oil. But part two of Pickens's plan -- to move natural gas out of electricity production and use it to fuel cars instead -- just doesn't make sense.

Why not use the wind-generated electricity to power cars directly? Natural gas is still a fossil fuel that emits climate-changing gases when burned. Let's cut the natural-gas middleman.

Posted by coyote on Sunday, September 07 @ 17:49:45 PDT (140 reads)
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Global resources essential
Business News; Market Research

The price of a gallon of gas at your local pump is one of the best examples of competing interests in a world getting smaller every day. Why has the price of oil risen from $10 a barrel just nine years ago to the staggering price of $140? Sure we have inflation in this country and in the world but let's get real. This isn't inflation. What is the future for oil and what are its implications for everything else we depend on?

One of the world's best known economic forecasting and market analysis firms is headed by Dr. Horace "Woody" Brock. He recently spoke at a conference in Sydney, Australia (no, I was not there but wish I had been) and offered the best assessment of the oil market I have heard.

Posted by coyote on Sunday, September 07 @ 17:45:26 PDT (224 reads)
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Why gas is really cooking
Business News; Market Research

Green and growing, this is one stock that will make everyone happy.

Now you might find the idea of gas unexciting, and until very recently gas stocks were about as attractive as, say, Carlton's Brendan Fevola … in drag.

But over the past year or so a few amazing things happened in the gas industry. In the middle of a decidedly gloomy stockmarket, natural gas, liquefied petroleum gas (LPG), coal seam gas - any kind of gas that can be extracted and sold in volume - suddenly emerged as the answer to urgent energy and air-quality problems, especially across Asia.

Posted by coyote on Sunday, September 07 @ 17:41:57 PDT (132 reads)
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Iran sees possible oil over-supply in 2009: report
Production; Extraction; Exploration

TEHRAN (Reuters) - Continued OPEC production at current levels would lead to over-supply of its crude in the first half of 2009, causing prices to drop, Iran's OPEC governor was quoted as saying on Sunday.

Mohammad Ali Khatibi, speaking two days before OPEC ministers meet in Vienna, also told the official IRNA news agency that oil prices could not fall below $80 per barrel as this was the production cost cited for some new fields.

Posted by coyote on Sunday, September 07 @ 17:32:17 PDT (129 reads)
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Thaw of polar regions may need new U.N. laws
Public Policy; Political and Legal News

OSLO (Reuters) - A new set of United Nations laws may be needed to regulate new Arctic industries such as shipping and oil exploration as climate change melts the ice around the North Pole, legal experts said on Sunday.

They said existing laws governing everything from fish stocks to bio-prospecting by pharmaceutical companies were inadequate for the polar regions, especially the Arctic, where the area of summer sea ice is now close to a 2007 record low.

Posted by coyote on Sunday, September 07 @ 17:27:17 PDT (80 reads)
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Australia: Fighting on empty
Public Policy; Political and Legal News

The Australian Defence Force consumes annually 125 million litres of diesel and 200 million litres of aviation fuel, according to government statistics. The strategy and capabilities of the ADF are dependent on oil and they are exposed to the same price fluctuations that are wreaking havoc on business and household budgets.

Considering the extensive lead time and lifespan for Defence capability acquisitions and the poor projections for oil, it is little surprise that there is a growing chorus of concern coming from within Defence ranks.

Posted by coyote on Sunday, September 07 @ 17:17:39 PDT (114 reads)
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How the West is losing the energy cold war
Public Policy; Political and Legal News

Picture yourself as the autocratic leader of a small-ish former Soviet republic, bubbling with oil and gas and keen to sell it. But where? One route is old, cheap and easy. It leads north, to Russia. But memories of the Kremlin's imperial embrace are still fresh. The other is new, costly and tricky. It goes west, in both senses - via your neighbour, Georgia, and to supply Western customers direct.

Azerbaijan, a country of 8 million people on the Caspian Sea, plumped for the western route. After all, America was the strongest country in the world and Russia - back in the 1990s - was weak. So Azerbaijan supported the building of a $4 billion, 1,000-mile-long, million-barrels-a-day oil pipeline from Baku, its capital, via Tbilisi, in Georgia, to Ceyhan, a port on Turkey's southern coast. BTC, as it is known, is the only oil pipeline from the former Soviet Union not controlled by the Kremlin.

Posted by coyote on Sunday, September 07 @ 17:13:56 PDT (207 reads)
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Bangladesh climate victims search for new land
Enviromental Headlines; Climate ChangeKUTUBDIAPARA, Bangladesh (AFP) — Jafar Alam hammers a nail into a rickety wooden boat, repairing the vessel that will help his family earn a living.

Although the fisherman depends on the ocean for his livelihood, he has mixed feelings about the water after rising sea levels drowned his plot of land on Kutubdia Island on Bangladesh's southern coast 22 years ago.

Posted by Leanan on Sunday, September 07 @ 16:58:00 PDT (75 reads)
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Ike seen as severe hurricane in Gulf of Mexico
Production; Extraction; Exploration WASHINGTON (Reuters) - Hurricane Ike is expected to enter the oil-producing Gulf of Mexico as a severe Category 4 storm, a U.S. Federal Emergency Management Agency official said on Sunday.

"It looks like it will be a very severe storm," Bob Powers, FEMA deputy assistant administrator for disaster operations, told a telephone news conference on storm preparations.

Posted by Leanan on Sunday, September 07 @ 15:33:08 PDT (177 reads)
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Whether to drill might be foregone
Public Policy; Political and Legal News...Oil has another important strategic role in our lives. An average family of four will use 1,077 gallons of gas for their automobile, but it takes 930 gallons to produce, process and deliver the food they eat.

It makes elemental sense to me to hold some or all of those offshore and ANWR reserves for some future date when our national security, including food supply, is severely at risk. Perhaps a program that would allow us to explore, drill and cap those productive areas for emergency use - and not just an extra trip to Grandma’s house - might be in order. If that were the case, those of you who say "no drilling" would be sorely pressed to win your argument. I’m confident we have the skills to accommodate the caribou.

Posted by Leanan on Sunday, September 07 @ 10:39:01 PDT (191 reads)
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U.S. should stop selling off its needed natural gas
Public Policy; Political and Legal News...Anyway, while the cost of natural gas has nearly tripled during the past five years, exports of U.S. natural gas to Canada have risen 155 percent. In fact, 38 percent of all piped U.S. gas goes to Canada. Another 33 percent is pipelined to three Michigan hamlets on rivers across from Ontario. Mexico does not receive quite as much as Canada.

Responsibility must lie in NAFTA and free trade. For by shipping our life-preserving gas out of the country during an energy crisis — and endangering the lives of her people during the winter — the United States is treating its own citizens no better than the English served the enslaved Irish.

Posted by Leanan on Sunday, September 07 @ 09:44:35 PDT (232 reads)
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Old Articles
Sunday, September 07
· MARSHALL ISLANDS: Responding to the Emergency
· Gulf oil production poised to increase by 10 million barrels a day
· Riders on the Storm: Stopping and Restarting Offshore Oil and Gas
· Mexico: Running Out of Oil and Options
· Price increases push US soy beyond reach of poor
· George Soros: The Perilous Price of Oil
· Bush likely to scrap nuclear deal with Russia
· Cost of oil could dim a solar light
· Demand for solar panels exceeds supply
· Oil demand decreases as economy slows down
· Drill now, pay later
· Coal shortage to continue in India
· Is our taste for Sunday roast killing the planet?
· Shun meat, says UN climate chief
Saturday, September 06
· Julian Darley: The Energy Secret
· Game Design Sketchbook: Crude Oil
· Global warming greatest in past decade
· Floating nuclear power plant gets new ''birthplace''
· It never hurts to be prepared for Armageddon
· UK: Allotments get night guards as credit crunch sparks vegetable thefts

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