Green groups worried about outcome for renewable energy conference
Green activists fretted Wednesday that the outcome of a global conference here aimed at boosting renewable energy would be gutted by US opposition and European reluctance.
Re-regulating utilities puts Californians in charge of energy destiny
With significant energy shortages forecast as early as 2006, California is dangerously close to experiencing a repeat of the energy crisis that nearly crippled our economy and threatened our environment a few years ago.
Bush Touts Failed Policies
Bush’s energy bill, written by Vice President Dick Cheney’s secret energy task force with the help of oil industry executives – including former Enron executive Ken Lay – was a subsidy-laden giveaway which would have done little to promote conservation or alternative fuels.
Trio vows to pump more oil – but can’t
Leading oil exporters outside the Middle East have pledged to boost production to offset soaring oil prices, but it could be years before Russia, Nigeria and Mexico manage to open their taps.
UK: Oil price leads to turbulence for airlines
Oil analysts are reporting that some airlines are shopping around for hedging insurance as far forward as 2007 — a recognition that the high price is here to stay.
U.K. Conservatives Encourage Fuel Price Protests
U.K. Conservative Party Leader Michael Howard encouraged motorists to protest rising fuel prices and Prime Minister Tony Blair’s plan to boost taxes on gasoline.
Saudi’s Missing Barrels of Oil Production (excerpt)
Even those who believe that this is the decade that oil will peak and decline had thought that the Middle East, and Saudi Arabia in particular, would be immune for at least another ten to fifteen years. Now it seems even that shard of confidence might be misplaced.
As prices hit the roof, oil wars will keep burning
Oil prices are back in the headlines and likely to stay there, as the world’s global energy crosses new thresholds of increased demand, clashing politics and threats of terrorism.
Demand for unconventional oil and gas on the increase
Demand for unconventional oil is expected to reach 10.31 million bbl in 2008, up from 8.59 million barrels in 2003 at an average annual growth rate (AAGR) of 3.7%, said Business Communications Co. Inc., Norwalk, Conn.
Is an oil peak upon the world?
Sharp increases in the price of oil preceded four of the last five recessions.
Africa’s oil pool proves tantalising for sharks
Off the West African coast, the sharks are circling the sleepy “chocolate islands” of Sao Tome and Principe, eager to bite off slices of billions of dollars of hoped-for oil revenues.
More Abiotic Oil
Matt Savinar of lifeaftertheoilcrash.net answers some questions about the theory of abiotic oil.
