China Plans to Start Filling Strategic Oil Reserve in 2006
China, the world’s second-biggest oil consumer after the U.S., plans to start filling a government- controlled strategic oil reserve next year, a Chinese official said.
China, the world’s second-biggest oil consumer after the U.S., plans to start filling a government- controlled strategic oil reserve next year, a Chinese official said.
Industrial agriculture of annual crops may be the most destructive technology on the planet. “Woody agriculture” of perennial nuts may be part of the solution.
The prospect of Chinese and Indian oil companies buying oil and gas-producing assets in the US and Russia is changing the landscape in which the western oil majors operate.
For all our technical advances, says the noted thinker, we’re forgetting a lot of crucial stuff.
Here is a bright little village in Andhra Pradesh that is all solar and smoke-free — the first of its kind in the country.
Life on Earth is driven by energy. Autotrophs take it from solar radiation and heterotrophs take it from autotrophs. Energy captured slowly by photosynthesis is stored up, and as denser reservoirs of energy have come into being over the course of Earth’s history, heterotrophs that could use more energy evolved to exploit them, Homo sapiens is such a heterotroph; indeed, the ability to use energy extrasomatically (outside the body) enables human beings to use far more energy than any other heterotroph that has ever evolved.
An impending crisis that could have a detrimental impact on the oil and gas infrastructure and fishing industry in the United States is leading scientists to investigate how to stop rapid deterioration and to start restoring marsh land in Louisiana’s southern coastal wetlands-which are losing a piece of land the size of a football field every 35 minutes.
Until about five months ago, Mel Hutto had never heard of “peak oil,” the belief that global oil production will decline and never return to the levels that have nourished American lifestyles.
The tsunami may have been an act of nature, but further environmental catastrophes caused by humans will be much worse.
Among the many prolific oil fields in the Middle East, the giant Ghawar field in Saudi Arabia stands out as the crown jewel.
ConocoPhillips’ decision to bow out of a lobbying group focused on opening up the Arctic National Wildlife Refuge to drilling means that two of the largest operators on Alaska’s North Slope are no longer actively advocating exploration in the refuge.
Long discussion of oil fundamentals, particularly the complexity & dynamics of markets, followed by superficial look at likelihood of production peak and potential of alternatives.