Peak Oil Council Forming in Western Massachusetts
A council of community leaders is forming to raise awareness of peak oil and its ramifications for Western Massachusetts and to support responses.
A council of community leaders is forming to raise awareness of peak oil and its ramifications for Western Massachusetts and to support responses.
Petróleos Mexicanos (Pemex), Mexico’s state oil monopoly, said it expects production at its Cantarell oil field to begin declining this year, earlier than previously forecast.
Cantarell is the largest oil field in Mexico, and the eighth largest in the world. The field, which has been in production since 1979, had produced 2.11 million barrels per day in 2004. Pemex expects that to decline by 5% to 2.0 mbpd in 2005.
General Norman Schwarzkopf, who led the 1991 attack on Iraq, told the US Congress in 1990: “Middle East oil is the West’s lifeblood. It fuels us today, and being 77% of the free world’s proven oil reserves, is going to fuel us when the rest of the world runs dry.”
Latest figures from the oil industry have confounded expert predictions of a price fall in the last two months. As prices have remained above $50 a barrel, Opec’s statements in particular have come under close scrutiny.
The Uncle John’s 2005 voyage is part of a wider effort to better understand methane hydrate. The U.S. Department of Energy (DOE) has funded the Gulf of Mexico Joint Industry Project, a 4-year, $13.6 million, cost-shared effort to develop technologies that locate and safely drill through or near the hydrate.
Startling press release regarding a recently completed study of oil peak responses. Full report not yet received, but apparently claims all alternatives are incapable of meeting demand in the short term and argues that efficiency measures and drastic scaling up of production of substitute fuels is required.
…the nuclear arms race was a lot more straightforward than its emerging post-Cold War successor: the energy race. It’s a similarly brutal zero-sum game, but one characterized by an ever-shifting web of opportunistic, cross-cutting allegiances that make the nuclear world order appear pleasantly tidy and predictable by comparison.
Britain’s biggest energy companies and unions will issue their starkest warning yet to ministers this week about the consequences of the Government’s flawed energy policy.
The energy-literate scoff at perpetual motion, free energy, and cold fusion, but what about the hydrogen economy? Before we invest trillions of dollars, let’s take a hydrogen car out for a spin.
Renewable Energies are much more than an additional option to the old energy system. They are the alternative, the general solution, able to cover all energy needs. To promote them must become the primary strategy everywhere.
The prime ministers of Ukraine and Georgia said Monday that the flow of oil in a key Ukrainian pipeline would be reversed, a decision certain to complicate the two former Soviet republics’ already tense relations with Russia.
What was the biggest oil story in 2004? I posed this question to all the Simmons & Company oil experts this year. Oil prices in 2004 were on almost everyone’s list. Even “Peak Oil” got votes – a topic that received more media attention, during 2004, by a substantial margin than ever before.