Insight and inspiration in turbulent times.
When Bush seized Iraq – using Saddam as an excuse – it was the first step in an endgame for the remaining oil reserves necessary for the American way of life. According to Stan Doffish, this horrible logic may lead the Bush administration to attempt to ‘depopulate’ Asia
Minimizing carbon emissions can be shown to produce healthy ripple effects throughout the economy. Thus, arguments for fundamental changes in the way we derive and use energy should be made on all fronts to build the support needed to confront human-caused global warming.
Article discusses the energy efficiency, large scale production feasibility and cost of biodiesel production from algae, draws favourable comparisions with Hydrogen production and infrastructure costs.
For the past century or so, the biological origin of oil seemed to be the accepted norm. However, there remained a small group of critics who pushed the idea that, instead, oil is generated from inorganic matter within the earth’s mantle. Ugo Bardi concludes that the theory is false, or at best irrelevant.
San Diego-based Sempra Energy has a chilling view of the nation’s prospects for producing natural gas, the fuel used to heat a majority of U.S. homes and increasingly used to generate electricity.
The recent oil price surge underscores the economic importance of oil and the reality that oil supplies are starting to dwindle. This is an issue that no longer can be ignored.
Uraniam prices are nearly triple what they were four years ago, and Cameco Corp., a Canadian company that owns the last two active uranium mines in the United States, is stepping up exploration and production.
China’s search for oil to power its fast-growing economy has led it to various parts of the world where there are large oil reserves.
The Federal Government and fossil-fuel industry executives discussed ways to stifle growing investment in renewable energy projects at a secret meeting earlier this year.
Malaysia and Indonesia appear headed towards a territorial dispute, with their national oil companies laying claim to potentially rich offshore oil-and-gas blocks off Borneo island.
Malaysia has said it was ready to contest any overlapping claim to the area. Petronas, Malaysia’s national oil company, said that it “was in advance stages of awarding the ultra-deepwater blocks… which are within the Malaysian territorial boundary”.
The forces driving the price of oil to $50.12 (U.S.) a barrel may wax and wane. Still, the quagmire that the industry is sinking into won’t blow over any time soon.
With crude at US$50 a barrel and producers operating near maximum output, fears are widespread that the world is on the cusp of a major oil shock.
