Insight and inspiration in turbulent times.
Nobody disagrees that production eventually will peak, because the amount of oil in the Earth is finite. It also is clear that population increases and rapid economic growth, particularly in the United States, the world’s wealthiest nation, and China, the world’s most-populus nation, will continue to drive up demand.
Michael Klare emphasized the geopolitical consequences of the relationship between oil and national security in a speech at at Tufts University. “The situation facing us Americans is much more threatening and dangerous than it was four years ago,” he said.
How big oil shapes US policy, through both the Democratic and Republican parties. Long, detailed article.
With crude oil prices reaching the $50-plus per barrel mark last week, Louisiana farmers are facing an unsettling outlook for energy and other inputs as they look ahead to the 2005 growing season.
Energy production through oil and gas has already peaked and ‘depletion of resources cannot be solved just by switching over to alternative sources’ said M S Srinivasan, India’s additional secretary of the Union Ministry of Petroleum and Natural Gas.
The U.S. “already has” a lock on Canada’s energy in the form of a stupendously dumb NAFTA agreement signed in the early 90s.
There is really no need to go to far to know why US President George W Bush and British Prime Minister Tony Blair get along so famously. The missing link has now been discovered — William Gammell, the CEO of Cairn Energy.
China may not have a flamboyant oil tycoon like Russia’s Yukos ex-boss Mikhail Khodorkovsky but Beijing is embroiled in a similar, albeit smaller, court battle over oil and money as the Kremlin.
Primarily, it has been figured that some 6500 megawatts of the country’s power output is produced by wind turbines, Iran’s Mehr News Agency said.
China’s oil giant Sinopec Group has signed a $70 billion worth oil and natural gas deal with Iran; China’s biggest energy deal with the No. 2 OPEC producer.
Climate change will impact every one of us. For this reason, governments all over the world are making moves to mitigate their greenhouse gas emissions. Geosequestration is the new kid on the block in energy technology research. It has become very popular politically, so much so that Australia’s Howard Government, following the lead of the US, is investing heavily in it. But at what cost?
Fossil fuels, so easily set alight! Yes, and as Bush and Kerry are out campaigning, we are presently touching off nearly the very last whiffs and drops and chunks of them. All lights are about to go out.
