Insight and inspiration in turbulent times.
On May 30 Nicaraguan President Enrique Bolanos issued an emergency decree that, amongst other things, enabling him to raise electric prices as demanded by producers, primarily the Spanish company Unión Fenosa.
Is this a point of inflection in Nicaragua’s energy descent, or business as usual? We’ve collected a few articles to throw some light on the question.
With the recently opened pipeline from the Caspian to the Mediterranean, Big Oil in the guise of BP is showing its determination to get its hands on what seems to be the largest remaining deposits after the Middle East. But human rights abuses and a cavalier attitude to safety have come hand-in-hand with the new pipeline, writes Michael Meacher, former UK Environment Secretary.
In Oilcast 9 we check out prices at $55 once again, the upcoming OPEC meeting, the US SPR is nearly full, Angolan deepwater and a more in depth look at the fall in annual UK output by 17% with Chris Skrebowski (not live but…)
Plus a report from The Energy Research Centre of the Netherlands who have a fascinating look at oil peaks, globalisation and more…
As well as all this we have also figured out how to make our MP3’s a better – smaller – size. Enjoy.
Listen here (MP3 file, 4.9MB)
European Energy Futures report / oil & food – a new security challenge / California the tragic / Peak oil jobs – dentistry / OPEC may increase production / Oil rigs head for Florida coast / Nuclear power not aa solution / Bipartisan cooperation on US energy bill / US geo-greens discover peak oil / Built-in obsolescence
Report considering European energy transition scenarios, four story lines connecting plausible global developments in world energy markets and climate change policies consistently with European energy regime changes and related national innovation pressures. It includes explicit consideration of anti-globalisation arguments and climate change scenario’s, setting a new standard for integrated analysis.
Growth in the world’s oil and gas reserves stalled last year, a report from oil giant BP showed on Tuesday, bucking a trend that has historically seen new discoveries more than match production.
Flat Iraq exports shocking – Libyan oil Minister / Tougher times ahead for Nigerian fuel consumers / Matt Simmons interview in E-The Environmental Magazine / US pressures G8 to support nuclear power / Alberta, Canada – Where oil is mined, not pumped / Chairman of Shell: ‘The boat is sinking’
OPEC output slips in May – IEA / Iraq exports to fall in second half ’05 / Venezuela’s heavy oils & why Orimulsion is the right production road / Shell oil chief says expect volatility / LNG prices in Asia ‘may rise 75%’ / Cost of electricity from LNG ballooning in USA / US threatens Pakistan with sanctions over Indo-Iran gas pipeline / British Airways shaving its loads / New book on Radical Simplicity
Permaculture view of Peak Oil /
Plain Dealer takes lead in mainstream papers /
Copley news service discovers PO /
Peak Oil movie #2 – “The Deal” /
The income divide: why PO will hit hard /
Oil demand up /
African oil – the real agenda /
Energy tribes /
Global warmin’ is fer idjuts /
White house official resigns after climate documents flap /
Climate change is costing us, says BT boss /
Bury CO2 at sea /
A new trade in bioethanol /
Battle of the lobbyists (corn vs oil) /
Pig poo power
Written by a former vice president of Goldman, Sachs & Co. in collaboration with the former head of the Goldman Sachs Oil and Gas department, The Deal is a wake-up call for America. Against the backdrop of a Middle East oil war against radical fundamentalists, The Deal tells the story of a proposed merger between an American and a Russian oil company, and the lengths and depths to which our country will find itself forced to descend in pursuit of the next “black crack fix” unless we dramatically change our ways.
Stanford geophysicist worried about Peak Oil and war /
Twilight in the Desert /
PO: beyond optimism and pessimism /
London libertarian communists discover PO /
Toledo Ohio discovers peak natural gas /
Poor nations to get oil-price cushion /
Barclays: Oil likely to cross $60 /
Nuclear – expensive, ineffective and unnecessary /
USA Today says the debate is over: the globe is warming /
Despite White House, energy bill will address global warming /
Ethanol becoming popular /
Corn-based ethanol causes slow burn in California /
Beer company has sustainability goddess, saves energy /
Picky shoppers for the environment /
Support for Oregon truck torcher /
Germaine Greer is down on British suburbia /
Re-earthing the cities by MargaretRainbowWeb /
Naked bicyclists in Seattle and Spain
If the Earth were a car, its gas gauge would be approaching E. Some argue that we have miles to go before we hit the empty mark. Others say we’re running on fumes.
But nobody disputes that the world’s oil supply is finite and that some day the wells will run dry.
What we do between now and then will determine the quality of life for generations. Do nothing – or do something lethargically – and the consequences are catastrophic
