No Escape from Dependency
The looming energy crisis overshadows Bush’s second term writes the author of Blood and Oil: The Dangers and Consequences of America’s Growing Petroleum Dependency
The looming energy crisis overshadows Bush’s second term writes the author of Blood and Oil: The Dangers and Consequences of America’s Growing Petroleum Dependency
What could be wrong with farming in concert with nature—eliminating toxic agrichemicals and the use of genetically engineered crops? Well, plenty if you are a CEO at Monsanto, Dupont, or any number of other “life-sciences” companies that have invested in an escalating smear campaign aimed at discrediting organic farming.
Saudi Arabia, the most powerful member of the Organisation of Petroleum Exporting Countries, said on Wednesday that global oil stocks needed to increase before Opec would have to cut production, a stance that puts it at odds with most of its fellow oil cartel members.
Russia is again calling for a Moscow-New Delhi-Beijing axis, an alliance of three nuclear-armed countries of some 2.5 billion people that theoretically would be able to balance US power in coming years.
Tony Blair today conceded that Britain is likely to miss its self-imposed target for reducing carbon dioxide emissions, but insisted it would still meet its commitments under the Kyoto protocol.
Bush admin isn’t putting money where its mouth is on “clean coal”
Women are pioneering the emerging biofuels industry, which uses recycled vegetable oil to power vehicles that produce far fewer emissions than diesel fuel.
Former president Bill Clinton chided supporters to stop “bellyaching and whining” about the political obstacles and begin a new effort to address the intertwined problems of energy dependence and global warming.
US blue-chip stocks fell on Monday as oil prices nudged higher after an attack on a US consulate in Saudi Arabia, but technology stocks rose, helped by a broker’s hike in earnings and revenue estimates for Apple Computer.
A swamp near here is one of the most secretive places in America. There are no signs, just a 500-acre complex protected at all times by 30 armed guards in combat fatigues patrolling in sport utility vehicles.
More updates from the excellent British Peak Oil website.
My proposition is that reduction in demand plus an addition in supply will delay peak production well beyond this decade.