Oil at $41, demand hits 20-year high
OPEC pumping near capacity; price gains triggered by inventory decline, heating oil supply concerns.
OPEC pumping near capacity; price gains triggered by inventory decline, heating oil supply concerns.
Opponents of renewable power projects like wind farms and hydroelectric dams are missing the forest for the trees – perhaps air pollution from fossil fuel plants in neighboring states is obscuring their view.
Food activists and small farmers lead project for inner city food security in San Francisco.
When Shell admitted to misleading investors, down went the share price. And, as Mr Montagnon explained, “most people will have a stake in this, if they’ve got a pension, because Shell is such a large company”.
Four-fold growth in wind energy generation this financial year is just a starting point, Energy Minister Pete Hodgson said in Palmerston North yesterday.
Quietly and with minimal coverage in the U.S. press, the Navy announced that from mid-July through August it would hold exercises dubbed Operation Summer Pulse ’04 in waters off the China coast near Taiwan.
OPEC hopes to put a lid on stubbornly high crude prices by adding a half million barrels a day to its targeted output.
Canada will boost oil production 38 percent to 3.6 million barrels a day by 2015 amid higher oil- sands output, according to the nation’s oil producers.
Bolivians will decide Sunday how to develop the nation’s huge natural gas reserves in a referendum that is vital for President Carlos Mesa as he battles to stave off a revolt by indigenous Indians.
At some point, the Hubbert curve for world oil will enter the down slope. Extraction will become more expensive and, eventually, this fossil fuel – essential for transport throughout the globe – will disappear. It behooves the Nigerian government and all oil producers to begin seek other sources of energy and diversify the sources of revenue.
Andrew McKillop is in California to promote his book, ‘THE FINAL ENERGY CRISIS,’ published by Pluto Press and the University of Michigan Press, based on an outline first invited and accepted by the publishers in June 2001.
The oil industry has lavished more than $440 million over the past six years on politicians, political parties and lobbyists in order to protect its interests in Washington, according to a new report by the Center for Public Integrity.