Natural gas supply fears raise prices
Natural gas prices have jumped 17% in two days, a chilling development for the millions of Americans who heat their homes with natural gas.
Ali Bakhtiari: the man who foresaw skyrocketing oil prices
Whilst Bakhtiari admits predictions are fraught with danger, his own research, so far extremely accurate, says peak oil has yet to arrive. Like Hurricane Ivan blowing in from the ocean, we may only be experiencing the first stormy gusts.
Oh, no! Has the world reached ‘peak oil’?
$50 or $60 a barrel oil is still affordable by western standards, but surely debilitating for growing economies What if it hits $80, or even $100 by estimates of pessimists?
Fuel Cell Celebrates One Year
Fairbanks, Alaska — The University of Alaska Fairbanks and Fuel Cell Technologies of Kingston, Ontario, have announced that the five-kilowatt solid oxide fuel cell installed in Fairbanks has successfully passed the one-year field operational mark.
The Hydrogen Economy – Energy and Economic Black Hole
Hydrogen isn’t an energy source – it’s an energy carrier, like a battery. You have to make it and put energy into it, both of which take energy.
China’s New African Oil Ties Create Concerns
China’s need for oil has led it to West Africa’s oil fields in the Gulf of Guinea, and to Central Africa, where oil production in several countries is also coming on line.
Germany Calls for Oil Market Transparency
In the face of record high oil prices, Germany and Britain are expected at the G7 meeting on Friday in Washington to propose measures to make world oil markets more transparent.
Emergy Simulator: new free emergy modelling software released
Raphaël Valyi, a student at the french engineering school Ecole Centrale Lyon has just released new open-source software for modeling eMergy flows called Emergy Simulator.
Utilities see big things in store for micro-power units
Flexible, cheap and easy on the environment, mini-hydropower generators are creating a buzz. You don’t have to change the course of rivers and move mountains to generate electricity.
Oil shortage or surplus? It depends on type of crude
OPEC producers insist there is no shortage of oil despite record prices and although plenty of heavy crude is available, refineries are thirsty for light sweet crude which is in shorter supply, analysts say.
Philippines cites urgency to cut dependency on foreign oil
The Philippine presidential palace Wednesday said it is imperative to cut the Philippine dependency on oil to lessen impacts of oil price hikes on citizen’s lives.
The Price of Oil and Economic Growth
It may have come as a surprise to many (particularly market analysts) that the price of oil didn’t just magically stop at US$40 a barrel. As we push beyond the $50 per barrel barrier the G-7 finance leaders seem to have given up demanding the impossible – that OPEC deliver oil at $30 a barrel or less.
