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News from June 2007

Going green is patriotic and profitable

Going green is patriotic and profitable thumbnail

By Reps. Roscoe Bartlett (R-Md.) and Tom Udall (D-N.M.), and Allison Macfarlane President Bush recently acknowledged and at the G-8 Summit other leaders agreed that the world must cooperatively develop measures to address climate change and humankind On financial reward, for example, the American auto industry


Don

Don thumbnail

Iran Governments in both countries have pledged to do all they can to hold gasoline prices down. But in Iran, the government strictly limits prices and provides subsidies to oil companies in order to hold them down. The official price of gasoline for the owner of a private car is 38 cents per gallon for […]


Ending Addiction to Oil Will Strengthen National Security, Reduce Energy Costs

Ending Addiction to Oil Will Strengthen National Security, Reduce Energy Costs thumbnail

By House Majority Leader Steny H. Hoyer Last October, an independent task force of the Council on Foreign Relations – which included John Deutsch, the former Director of Central Intelligence, and James Schleisinger, the former Secretary of the Departments of Defense and Energy – warned: ‘The lack of sustained attention to energy issues is undercutting […]


$70 Oil: Who Gets Hurt

$70 Oil: Who Gets Hurt thumbnail

With oil hanging around $70, and gas likely to move above $3 for all of the summer, it bears looking at who gets hurt: Airlines: It looked like they might get something of a recovery. Now, firms fresh out of bankruptcy like Delta (DAL) face rising fuel costs and a competitive market for fares. Cars, […]


Kaos Studios’ Develops Video Game with Peak Oil and Fuel War Storyline

Kaos Studios’ Develops Video Game with Peak Oil and Fuel War Storyline thumbnail

Video Game Publisher THQ and Kaos Studios have announced the development of Frontlines: Fuel of War, the first video game that directly addresses Peak Oil and the reality of the impending climate crisis. The plotline of Frontlines: Fuel of War, and the postulated world it takes place in, are speculative fiction extrapolated from the headlines […]


China CNPC Buys Exploration Rights To Canada Oil Sands

China CNPC Buys Exploration Rights To Canada Oil Sands thumbnail

BEIJING — In a sign of the expanding international ambitions of China’s oil companies, China National Petroleum Corp. has bought the rights to explore for oil in Canada. The state-owned parent of Hong Kong- and New York-listed PetroChina Co., will develop an oil sands field, which is estimated to contain some two million barrels of […]


Farmers plant most corn since 1944

Farmers plant most corn since 1944 thumbnail

Farmers saw the high prices for corn and switched even more acreage to the crop this year than experts first predicted. The U.S. Agriculture Department reported today that farmers planted 92.9 million acres of corn this year, 19 percent more than last year and 3 percent more than the USDA had projected in March. This […]


Volkerwanderung

Volkerwanderung thumbnail

….When major civilizations disintegrate, though, these changes shift into overdrive. The decline and fall of the Roman Empire offers one of the best documented examples. Outside of Scandinavia, Scotland, and Ireland, practically none of the peoples of Europe stayed put. Before Rome fell, for example, the ancestors of the English lived in Denmark, the ancestors […]


Safety or fuel efficiency?

Safety or fuel efficiency? thumbnail

…You get what you pay for. When you build lighter cars with more fuel efficiency, you know that ultimately — even with the best (let alone Chinese) technology — safety is compromised. That happened three decades ago when U.S. mileage efficiency rose dramatically in response to the oil shocks of the ’70s. It will likely […]


Oil price-demand link no longer as simple as ABC

Oil price-demand link no longer as simple as ABC thumbnail

… Heavy industry’s share of oil consumption has more than halved to below 10 percent since 1973, according to the IEA. Economists see little scope for further steep falls in the amount of fuel used to power developed and developing economies.


Bill would deny supply of gasoline to Iranian government

Bill would deny supply of gasoline to Iranian government thumbnail

WASHINGTON (AP) While Iran is one of the world


2007 seen as second warmest year as climate shifts

2007 seen as second warmest year as climate shifts thumbnail

OSLO (Reuters) – This year is on track to be the second warmest since records began in the 1860s and floods in Pakistan or a heatwave in Greece may herald worse disruptions in store from global warming, experts said on Friday. “2007 is looking as though it will be the second warmest behind 1998,” said […]


Fears of ‘transport poverty’

Fears of ‘transport poverty’ thumbnail

TONY EASTLEY: Petrol prices weigh on the mind of any motorist, but there are predictions that if the cost of fuel continues to rise, the poorest Australians will be forced to quit work because they can’t afford to travel back and forth to their jobs. Researchers are calling it “transport poverty”, and it’s a concept […]


Peak Oil Theorists Gush Obfuscation!

Peak Oil Theorists Gush Obfuscation! thumbnail

I know its too much to expect that determined peak oil theorists like APSO co-founder Steve Andrews will suddenly admit they’re wrong-no matter how many times their predictions of doomsday come and go without the world coming to an end. Sometimes all you can do is to shake your head at the stubborn denial. But […]


Distillate Inventory Balance Looks Scary as Summer Begins

Distillate Inventory Balance Looks Scary as Summer Begins thumbnail

About 175 days remain until the Winter solstice brings peak heating season to the U.S., but veteran S&D people are already worried about the prospects of supply. Specifically, they are concerned that refining dynamics, exports, storage considerations, and even hurricane threats could put some areas at especially high risk next Fall. June is typically a […]


Unrest Grows Amid Gas Rationing in Iran

Unrest Grows Amid Gas Rationing in Iran thumbnail

Unrest spread in Tehran on Thursday, the second day of gasoline rationing in oil-rich Iran, with drivers lining up for miles, gas stations being set on fire and state-run banks and business centers coming under attack. Dozens were arrested, and the Tehran police chief, Ismail Ahmadi Moghaddam, complained to reporters that the police had been […]


Attack on use of biofuels

Attack on use of biofuels thumbnail

Biofuels are said to be one answer to global warming but some are not happy with turning crops into fuel. Helena Paul of Econexus and ex Shell chairman Lord Oxburgh debate their use. BBC


Society ‘needs the right chemistry’

Society ‘needs the right chemistry’ thumbnail

Carbon offsetting schemes are all well and good, but do little to change the way people live day-to-day, argues Stefaan Simons. In this week’s Green Room, he says instead of wasting money on short-term solutions, attention should be focused on developments that can really deliver a low carbon future. But, paying away the guilt over […]


Global Agenda: Oil’s well

Global Agenda: Oil’s well thumbnail

ISRAEL – Four years ago, a barrel of oil sold for $25. Not coincidentally, at that time the recent American invasion of Iraq had removed nasty Saddam and created the expectation – not a vague hope but a very real expectation – that Iraq’s oil production would soon double, in line with its existing capacity, […]


House energy bill rejects car fuel economy boost

House energy bill rejects car fuel economy boost thumbnail

WASHINGTON (Reuters) – A House committee on Thursday approved legislation that would increase the energy efficiency of home appliances and promote plug-in hybrid vehicles, but the measure fell short of a related Senate bill that seeks to increase the fuel economy of cars and trucks. However, House Democratic leaders said a final energy package will […]


New: Cheap car that runs on compressed air

New: Cheap car that runs on compressed air thumbnail

By the end of next year, the first car that runs on compressed air will be sold in Belgium. The engine is based on a French design. It sounds like an invention from professor Gobelijn, but it is real: a car that doesn’t run on gasoline or diesel, but on … air. The engine of […]


Charity attacks rush for biofuels

Charity attacks rush for biofuels thumbnail

A furious attack on the drive to grow more biofuels has been launched by a charity supporting poor farmers in developing countries. The charity – called Grain – says their research shows the rush for biofuels is causing much more environmental and social damage than previously realised. Biofuels from crops are being heavily promoted by […]


The Problem’s Not Peak Oil, It’s Politics

The Problem’s Not Peak Oil, It’s Politics thumbnail

Go-it-alone governments are choking back output to perilous levels Some “peak oil” cassandras warn that global energy production will soon fall into permanent decline. But a more immediate danger to world oil supplies may be the tempestuous politics of many producing countries. Witness Venezuela’s move to wrest control of key oil projects from global companies […]


Groups unite to halt EU biofuels rush

Groups unite to halt EU biofuels rush thumbnail

More than 30 groups from around the world have come together to demand a moratorium on the EU’s move towards sourcing biofuels from large-scale monocultures. In March 2007, EU leaders committed to a 10% share of biofuels in transport by 2020. Even US plane manufacturer Boeing plans to fly aircraft on a 50% biofuel blend. […]


When John Carlson is wrong

When John Carlson is wrong thumbnail

…Hey, John, I have news for you: there is a finite supply of oil on Earth and we are going to run out of it! If the demand for oil continues at the present rate, the world will need 140 million barrels a day by 2035. A decline in oil production is on the horizon, […]


Innovation Keeps Prudhoe Bay Going Beyond Expectations

Innovation Keeps Prudhoe Bay Going Beyond Expectations thumbnail

If Rip van Winkle had been an oil worker who dozed off at Prudhoe Bay in June 1977 and awoke the same day 30 years later, he would be flabbergasted. When Rip and his buddies turned the valve three decades ago, on June 20, 1977, starting the first flow of oil into the newly completed […]


Inside fusion’s fortress

Inside fusion’s fortress thumbnail

…Two years ago, Cadarache was selected as the site for the world ITER isn’t the only reason for the influx: As my colleagues at MSNBC.com reported earlier this year, nuclear fission may be making a comeback, with Europe leading the pack. Some of the chateau’s guests spend several nights a week here, working on fission-related […]


Refiner rebound flattens U.S. oil curve, Brent spread

Refiner rebound flattens U.S. oil curve, Brent spread thumbnail

NEW YORK (Reuters) – U.S. front-month crude futures prices have jumped sharply against later months as well as against London Brent as growing refinery demand trims bulging inventories at key delivery hubs. The restart of several U.S. refineries has boosted inland crude demand, which had been depressed by extensive maintenance and an unusually large number […]


Heatwaves will ‘boost death rate’

Heatwaves will ‘boost death rate’ thumbnail

The increasing number of deaths caused by heatwaves as the climate changes will not be offset by fewer deaths in milder winters, US research claims. The study in Occupational and Environmental Medicine said the death rate in 50 US cities rose more sharply in very hot spells than very cold ones. People had already adapted […]


Green Junta

Green Junta thumbnail

Avoiding an authoritarian military-environment elite A radical suggestion for creating a global infrastructure that is both sustainable and green might rely on nations working together to find a solution to a range of potentially devastating problems, according to Cardiff University’s Peter Wells. Writing in the International Journal of the Environment and Sustainable Development, published today […]


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