Analyst Says Oil Supply Problems Could Loom
The world’s oil supply is headed toward a crisis state that could flare as early as next year, fueled by steaming demand and declining production, a longtime sector investor and analyst said on Wednesday.
Obstacle to drilling for oil in ANWAR is removed
A controversial plan to allow oil drilling in Alaska’s Arctic National Wildlife Refuge is likely to move forward now that there will be enough votes in the Senate to push the measure ahead.
ODAC: World oil supplies likely to remain tight through 2010
Unless demand plummets, world oil supplies are nearly certain to remain tight through the rest of this decade, according to a study by the Oil Depletion Analysis Centre in London.
The Climate Wrecking Ball
I am going to hire one guy with a wrecking ball to demolish my house,
another guy to estimate the damages, and, after declaring bankruptcy,
someone else to not only fix it, but make my house even better. Sounds
crazy, but when you look carefully at all the issues interconnected with
what is termed “climate change,” that’s essentially the scheme our society
is engaged in. Let me explain.
Time For An Oil Change
So, we thought it was important to once again take a look at the current and future oil situation, and its pertinence to design. More importantly, we want to offer some ideas that you as designers can use right now to make a difference.
New Oil Projects Cannot Meet World Needs This Decade
World oil supplies are all but certain to remain tight through the rest of this decade, unless
there is a precipitous drop in demand, according to the results of a study by the London-based
Oil Depletion Analysis Centre (ODAC).
Oil, Currency and the War on Iraq
It will not come as news to anyone that the US dominates the world economically and militarily. But the exact mechanisms by which American hegemony has been established and maintained are perhaps less well understood than they might be. One tool used to great effect has been the dollar, but its efficacy has recently been under threat since Europe introduced the euro.
Oil fuels Asian giants’ tensions
The row over the intrusion into Japanese waters of one of China’s nuclear submarines is the latest in a long series of awkward moments in the fraught relationship between Asia’s two most powerful nations.
Coal-bed methane being created by microbes, researchers say
Microbes are continually converting hydrocarbon deposits in the Powder River Basin to natural gas, and if managed properly, can help turn coal-bed methane into a renewable energy source, researchers said Tuesday.
‘Coal increasingly substitutes for oil in US, China, India’
With oil prices skyrocketing, coal production is increasing in the countries like US, China and India despite environmental hazards, a media report claimed.
China says oil imports will rise nearly 10 percent this year
China says its oil imports will jump by nearly 10 percent this year to 100 million metric tons (700 million barrels), making up 40 percent of its consumption.
US: Town considers wind energy – but is it legal?
Municipal and state officials are reluctant to say whether the purchase of wind energy, which costs about 2 percent more than conventional sources, is in fact a violation of state law state which appears to prohibit municipalities from paying a premium for utilities, instead mandating that they accept the lowest bid.
