Oil sands costs may rise 35%

Canadian Natural Resources says high prices for steel, fuel and labour could boost the cost of the first phase of its Horizon oil sands project in northern Alberta by nearly 35 per cent — to $6.6-billion.

The Rapture Index and the US election

These true believers subscribe to a fantastical theology concocted in the l9th century by a couple of immigrant preachers who took disparate passages from the Bible and wove them into a narrative millions of people believe to be literally true.

US Election: Global monitors find faults

The observers said they had less access to polls than in Kazakhstan, that the electronic voting had fewer fail-safes than in Venezuela, that the ballots were not so simple as in the Republic of Georgia and that no other country had such a complex national election system.

Oil: is the end at hand?

The end of cheap oil may mean more than just higher gas prices for Americans. It may mean the end of the oil age as we know it. That is according to the so-called peak oil movement, which says that by 2008 humans will have extracted half of the earth’s oil.

India resorts to oil diplomacy

India is beginning to institutionalise oil diplomacy. In order to counter the towering presence of China National Petroleum Corporation and Japan National Petroleum Corporation, it has decided to use the expertise of the ministry of external affairs.

Global Warming Has Arrived: Arctic Study

The Arctic “is now experiencing some of the most rapid and severe climate change on Earth,” according to an eight-nation study on global warming co-sponsored by the United States which is due to be officially released a week after Tuesday’s elections.

ASPO November Newsletter (text only)

November newsletter from the Association for the Study of Peak Oil & Gas is essential reading. Includes an update on Saudi reserves, an analysis of US petrodollars, a country assessment of Denmark and much more.