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News from November 2006

Peak Oil to Peak Gas is a Short Ride – Andrew McKillop

Peak Oil to Peak Gas is a Short Ride – Andrew McKillop thumbnail

As Bakhtiari and plenty of other observers surmise, Gazprom boasts of ‘almost unlimited’ gas reserves, are no more than boasts, and identical to oil reserve bragging by OPEC countries Financial Sense


A gas tax may help small business

A gas tax may help small business thumbnail

[T]he cost of gas had plummeted 26 percent since July, to a national average of $2.21 a gallon. In the past that would have been considered good news, but the reaction today is decidedly mixed. In a recent New York Times/CBS News poll, 59 percent of respondents nationwide said they would support a gas tax […]


B.C.’s offshore resources would ‘transform’ province

B.C.’s offshore resources would ‘transform’ province thumbnail

British Columbia’s vast offshore oil and natural gas resources should be recognized and developed as one of Canada’s best opportunities for economic growth, Newfoundland and Labrador Premier Danny Williams told a receptive audience at a B.C. Chamber of Commerce luncheon on Monday. Williams, one-time president of an offshore oil and gas company working off Canada’s […]


California tries to terminate greenhouse gases

California tries to terminate greenhouse gases thumbnail

Arnold’s risky power play: The Golden State’s small businesses worry that a new energy mandate will dim their prospects. “It gives me the creeps,” says Robert Buchanan, who owns a spoke-and-rim manufacturing firm in Azuza, Calif. What has Buchanan so mad? A bill that California’s state government passed in September requiring all businesses to reduce […]


Stocking Stuffer for a Green Christmas: The $40 Carbon Credit Gift Pack

Stocking Stuffer for a Green Christmas: The $40 Carbon Credit Gift Pack thumbnail

Naughty little boys and girls get a lump of coal in their Christmas stockings; green little boys and girls get…carbon credits to take coal gases out of the atmosphere and fight global warming. The Science Museum of London and UK specialty gift retailer MoonEstates.com are selling the Climate Relief Gift Pack, which includes 100 kilograms […]


A Crude Awakening

A Crude Awakening thumbnail

Oil addiction threatens U.S. security and undermines its influence, but faculty say our go-it-alone attitude is making things worse. Every day, the United States burns through 20.7 million barrels of oil. China, the world On the next five pages, faculty from political science, economics, law and engineering explain why the debate about energy security is […]


The End of Ingenuity

The End of Ingenuity thumbnail

Maybe Malthus was on to something, after all. First, some background: Twenty-six years ago, in one of the most famous wagers in the history of science, Paul Ehrlich, John Harte and John P. Holdren bet Julian Simon that the prices of five key metals would rise in the next decade. Mr. Ehrlich and his colleagues, […]


Richard Heinberg: Powerdown and Transition Towns

Richard Heinberg: Powerdown and Transition Towns thumbnail

Transition Culture Interview with Richard Heinberg – Part Two What role to communities such as Totnes have in preparations for peak oil? What I see happening in towns like Totnes in the UK and Willits in California are test-tube experiments for what the rest of society is going to have to do. Right now we […]


In Texas, leftover turkey fat fuels biodiesel cars

In Texas, leftover turkey fat fuels biodiesel cars thumbnail

PLANO, Texas (Reuters) – It can’t be good for your arteries but it is good for the environment. In the U.S. South, folks like their Thanksgiving Day turkey deep fried — and the city of Plano north of Dallas collects the bird fat from residents for use in the biofuels industry. “This is our busiest […]


Gazprom Plans

Gazprom Plans thumbnail

Russian gas monopoly Gazprom plans major price hikes for its European customers in 2007, Vedomosti business daily reported on Monday, Nov. 27, citing the company A proposed price hike has alarmed Belarus, which is deeply dependent on Russian economic support, including subsidized energy. In September, President Alexander Lukashenko warned he would cut all ties with […]


Amtrak ridership increases

Amtrak ridership increases thumbnail

Tighter airport security and higher gas prices appear to be boosting Amtrak ridership in the Northeast, the South and Midwest. Trains in North Carolina, Pennsylvania and New England saw double-digit jumps in ridership. Routes in the West saw the smallest increases, and trains in the Louisiana area had drops because of Hurricane Katrina. Amtrak, which […]


Winning the War for Natural Resources

Winning the War for Natural Resources thumbnail

Although Hezbollah, al-Qaeda, and the war in Iraq often grab the headlines, I think the global battle for natural resources will probably define the 21st Century when it Here are just a few of the latest moves … * Russia recently surpassed Saudi Arabia to become the world


Resource Forecasting for the Geologically Challenged

Resource Forecasting for the Geologically Challenged thumbnail

Estimating the amount of crude oil resources seems to be a popular activity nowadays, but often the results of the various studies are not in agreement with each other. Several independent researchers estimated the total planetary endowment, or There exist even larger estimates, and Julian Simon (1981) made the curious claim that if you can


Pastor Chosen to Lead Christian Coalition Steps Down in Dispute Over Agenda

Pastor Chosen to Lead Christian Coalition Steps Down in Dispute Over Agenda thumbnail

The president-elect of the Christian Coalition of America, which has long served as a model for activism for the religious right, has stepped down, saying the group resisted his efforts to broaden its agenda to include reducing poverty and fighting global warming. The Rev. Joel C. Hunter, pastor of a Florida megachurch, was named the […]


A new kind of energy for China

A new kind of energy for China thumbnail

…”Beijing Sets National Standard for Methanol as Automotive Fuel,” stated the well- regarded, if salmon-tinted newspaper. Methanol? Yes, good old “wood alcohol.” This is the stuff that if you drink it, will make you blind. But this particular label of Chinese methanol is not and will not be somebody’s moonshine. Instead, this Chinese methanol will […]


Europeans face fuel ‘price surge’

Europeans face fuel ‘price surge’ thumbnail

Electricity prices could double in Europe if power firms are to meet emissions reduction targets under the Kyoto protocol, says a report. Carbon prices are set to surge, and firms might pass this rise on to the wholesale market, says a report by consultancy Global Energy Decision. The report said European nations, such as France […]


Climate change already affecting UK’s marine life

Climate change already affecting UK’s marine life thumbnail

Britain’s coasts are already being affected by climate change, according to a panel of experts convened by the Government to assess the likely impact of global warming. These changes are altering the number, variety and distributions of every kind of marine organism, from plankton and fish to top predators such as seabirds. Sea temperatures have […]


Every price is political in the great gas game

Every price is political in the great gas game thumbnail

President Saakashvili, Parliament Speaker Nino Burjanadze and other top officials have repeatedly and flatly refused to pay USD 230 per thousand cubic metres of Russian natural gas, saying the price is ‘political’, as it much higher than prices paid by other former Soviet states. Iranian gas is likely to cost a similar amount, but at […]


Asean power demand to post high growth rate

Asean power demand to post high growth rate thumbnail

Demand for electricity in Association of South-East Asian Nations (Asean) will continue to post a high rate of growth, requiring the development of infrastructures which are vital for industrial development and the enhancement of the quality of life. Minister of Energy, Water and Communications, Datuk Seri Dr Lim Keng Yaik, said the International Energy Outlook […]


Energy Use Can Be Cut by Efficiency, Survey Says

Energy Use Can Be Cut by Efficiency, Survey Says thumbnail

The growth rate of worldwide energy consumption could be cut by more than half over the next 15 years through more aggressive energy-efficiency efforts by households and industry, according to a study by the McKinsey Global Institute, which is scheduled to be released today. The energy savings, the report said, can be achieved with current […]


Warmer oceans storing climate change dangers

Warmer oceans storing climate change dangers thumbnail

Global warming is creating a climate time bomb by storing enormous amounts of heat in the waters of the north Atlantic, UK scientists have discovered. Marine researchers at Southampton and Plymouth universities have found that the upper 1,500 metres of the ocean from western Europe to the eastern US have warmed by 0.015C in seven […]


Investment key to end Africa energy crisis

Investment key to end Africa energy crisis thumbnail

African countries need to develop regional power grids and attract more investment to the sector if they want to avoid the power shortages plaguing the region, a senior World Bank official said on Tuesday. A long-running drought, chronic under-investment, conflicts in some countries and higher global oil prices have contributed to the power outages and […]


Biofuel demand swells edible oil prices in China

Biofuel demand swells edible oil prices in China thumbnail

Edible oil prices in China have surged this month as strong global demand for oilseeds in biofuel production compounds a poor rapeseed harvest. The price rises started in July and are now peaking as the beginning of winter raises demand for vegetable protein. Chinese consumers cook more oily foods in winter than in summer months.AP-Foodtechnology


‘Ireland sleep walking’ to oil crisis

‘Ireland sleep walking’ to oil crisis thumbnail

Falling energy supplies and the threat posed to Ireland by declining oil stocks should be top of the political agenda for the next general election, said NTR chief executive Jim Barry, whose company is a major player in the alternative energy sector. Speaking at the launch of the sixth international conference on Peak Oil, to […]


The Oil Drum: A Growing Military Concern

The Oil Drum: A Growing Military Concern thumbnail

One of the most critical aspects of military operations is the reliance on fuel. I was struck by that as I am currently half-way through the video series based on Daniel Yergin’s “The Prize” and have just watched the segment on the Second World War. Access to oil was critical to success. Assuring that access […]


The outlook for oil

The outlook for oil thumbnail

While we expect oil to remain above $50 a barrel in coming months, it is exceedingly unlikely that oil prices will double or triple through the end of next year as some analysts and financeasia


Investors on e-mission to China

Investors on e-mission to China thumbnail

China stands to benefit from the booming global greenhouse-gas market. Foreign investors are flocking to pay Chinese energy companies and factories to reduce pollution instead of spending far more to cut emissions at home. atimes


Oil import cap may force fuel cell vehicle leadership on Chinese market

Oil import cap may force fuel cell vehicle leadership on Chinese market thumbnail

Professor Gang Wan, president of Shanghai fuelcellsworks


China Coal Energy Seeks $1.69 Billion IPO, People Say

China Coal Energy Seeks $1.69 Billion IPO, People Say thumbnail

China Coal Energy Co., the nation’s second-largest coal producer, plans to raise as much as HK$13.16 billion ($1.69 billion) in a Hong Kong initial public offering to fund expansion, said two people with knowledge of the matter. bloomberg


Professor Invents New Kind of Solar Cell

Professor Invents New Kind of Solar Cell thumbnail

So far, chemist Pam Shapiro’s team has created a compound called a “quantum dot” that is made of elements that include copper, indium and selenium. Shapiro said that the quantum dots would be embedded between layers of a solar cell and would absorb energy that is otherwise wasted due to overheating. “These solar cells based […]


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