Tennessee Valley Authority loses millions on Mississippi power
The Tennessee Valley Authority recovered less than half of its $36 million investment in a failed power storage process in Mississippi.
Iran Warns Of Preemptive Strike To Prevent Attack On Nuclear Sites
Iranian Defense Minister Ali Shamkhani warned Wednesday that Iran might launch a preemptive strike against US forces in the region to prevent an attack on its nuclear facilities.
Turkey: Oil Crisis Process Starts
Since crisis is defined as a sudden unexpected happening that hurts people and economies, it can said that the oil issue has turned into a crisis.
Chasing the SUV Vote
Out of the earshot of the environmental think tanks in Washington and California, Kerry said: “I want Americans to drive. You want to drive a great big SUV? Terrific. That’s America.”
Saudi production slips
Despite pledges to increase its output, Saudi Arabia, OPEC’s largest producer and exporter, produced about 9.13 million barrels a day of oil in July, down from 9.52 million barrels a day in June, according to Petrologistics.
NZ: ACT clings desperately to flat-earth policy
By way of clarification, the issue isn’t that the world is running out of oil, it will of course, but not for some time. The real issue is that the global production of oil is about to peak, after which we will move into a period of decline, this production decline will be permanent.
County’s farmers launch biofuels co-operative
FARMERS in Pembrokeshire have launched a co-operative to produce, market and supply biofuels.
Chavez victory is a rout for rich
PRESIDENT HUGO Chavez has won a resounding victory in a referendum designed to topple him and the government of Venezuela—a government hated by the rich and powerful in both Caracas and Washington.
China: 1.3 billion reasons to worry about oil
American leaders have good reason to worry about the price of oil. Oil price shocks can play a decisive role in ending a presidency, as in the cases of Presidents Jimmy Carter and George H. W. Bush.
China’s crude oil imports in July up nearly 40% year-on-year
China’s imports of crude oil in the first seven months rose nearly 40 percent from a year ago as the energy-hungry economy expanded at close to double-digit levels, state press reported.
(Temporary) Continuance of the American Way of Life At State in Iraq
The American government officials and presidential candidates of both parties know all about Peak Oil and the fact that (UNDER ALL CIRCUMSTANCES) the American way of life (as we know it) is nearing its end.
Historia Bush (excerpt)
Panicked by looming peak oil, the Bush administration jettisoned the Constitution and international law in a grab for the Middle East bonanza. They thought to control the region, but that is quite impossible.
