Eyeing Iran reactors, Israel seeks US bunker bombs
Washington will sell 500 ‘bunker busters’ to Israel with the ability to penetrate Iran’s underground nuclear facilities
The world eyes Iraqi oil
EARLY in the Gulf War II campaign, the Arab world’s most widely circulated view was that the Anglo-Saxons wanted to grab Iraqi oil. Many Iraqis still believe this, but the theory gets much less attention these days abroad: Insurgent attacks are making oilfields far less attractive to oil companies.
Bush Set to Open Oil Reserve Spigot
With oil near $50 a barrel, the Bush administration is set to allow oil refineries to borrow from the government’s emergency petroleum stockpile to make up for supplies disrupted by Hurricane Ivan, a congressional source briefed on the pending decision told Reuters last week.
Russia picks Japan for Siberia-Asia Pacific oil pipeline
The Russian government has chosen to run a planned new oil pipeline opening its huge eastern Siberian fields up to the Asia-Pacific market via Japan rather than China, Moscow’s ambassador to Tokyo said.
Southern Africa Faces Food, Water Crises – Study
Southern Africa faces major challenges to feed its swelling populations and to keep its wells from running dry, a study showed.
Toilets vs. Life as We Know It
What are we really flushing down the toilet? Toilets are a surprisingly important subject for maintaining ‘life as we know it.’ Most of us don’t even connect toilets and sustainability. The reasons are not immediately obvious; and have essentially escaped Humanity, especially Western Humanity “forever.” Individuals have realized the importance, but not cultures. Therefore, the cultures have disappeared.
To boost US security, an energy diet
A rising chorus of experts … offer[s] a dramatic solution for America’s energy woes. By boosting the efficiency of cars, homes, and offices, the United States could dramatically cut its reliance on foreign oil and forgo building many new power plants. The solution would not only be easier than drilling for more energy, it would be cheaper, these experts say.
Oil and Gas: Facing the Music Before it Stops: Hubbert and Odum
I’m glad to see the surge of interest in the coming peak of world oil production, even though the prospect is grim. Once again, people are willing to think about non-renewable resources and the consequences of an economy based on them. ….Most of the new information stems from the work of two little-known scientists, both deceased: petroleum geologist M. King Hubbert and systems ecologist Howard Odum.
Can technology help find oil fast enough? Debate over ‘peak oil’ turns on industry advances
With oil prices hitting new highs, proponents of so-called “peak oil” argue that the world may be approaching the point where production can’t keep up with demand. And innovations, like 3D, are at the center of a debate over whether technology can help replace the world’s known oil supplies before they are depleted.
China mulls oil pipelines in Myanmar, Thailand
Booming China, with its voracious appetite for oil and urgent need for oil security, is considering a China-Myanmar oil pipeline and one through Thailand. These are among 10 recent proposals on alternative strategies to secure China’s energy supplies.
Oil has peaked
For 15 years, retired geologist Colin Campbell has warned of the approaching end of the age of oil and the dire consequences for the world should that happen. Although experts hotly debate the issue, it has drawn little attention from the average consumer.
The Dollar Crisis
The United States’ Current Account deficit is now $60 million AN HOUR! This unprecedented trade imbalance has created extraordinary disequilibrium in the global economy.
