Canada: City gas pump price passes $1
The price of regular gasoline has passed the $1 mark in a large Canadian city, apparently for the first time.
The price of regular gasoline has passed the $1 mark in a large Canadian city, apparently for the first time.
Andres Oppenheimer argues that the US should follow Brazil’s example in starting a massive biodiesel and fuel ethanol industry.
The International Energy Agency (IEA) has come to the conclusion that the world economy is facing a serious threat of acute oil shortage.
[UPDATE APR 9 – new date for next speech] On the 14th March Republican Congressman Roscoe Bartlett made a presentation on Peak Oil to the US Congress. Online video of the presentation and a text version with graphics are now available. Rep. Bartlett will be giving a second presentation on solutions in about a week.
When the Labor backbencher Andrew McNamara rose from his seat in the Queensland Parliament in February to state a few home truths about falling world oil supplies, he expected, at most, a few catcalls from the Opposition benches. Instead, the speech by the provincial solicitor from Hervey Bay “bounced around the world”.
What will cost $3 a litre, require car-pooling, the permanent military occupation of Iraq and oil drilling on the Great Barrier Reef? Petrol, according to experts who have been contemplating its future in an oil-poor Australia.
Excellent review of the current cheap-oil-energy and material intensity of UK food production and makes a good case for relocalisation as integral to improving the situation.
National Grid Transco (NGT) yesterday took steps to strengthen Britain’s fragile energy supply situation by unveiling plans to spend £355m in tripling the capacity of the country’s first new liquefied natural gas (LNG) terminal.
A monthly publication put out by the Bank of Montreal argues that “Hubbert’s Peak must have arrived for Ghawar, the world’s biggest oilfield, and Wall Street’s most-cited reason for assuring us month after month that oil prices would plunge…”
The longing for the simpler times of my childhood when the unreliable third world electrical grid went down and my extended family of aunts came outside to sit in the dark and talk to me. It was an awake-to-the-moment, off routine, no TV, intimacy that was somehow magical. This, if we could get through the dark times of loss and chaos, was something to look forward to.
Peer reviewed study finds that the energy consumed in corn farming and ethanol production is six times greater than what the ethanol end product provides to car engines in terms of power.
But similar to industry trend where private oil companies can’t locate large future reserves.