New Zealand faces dramatic electricy price rises
New Zealand – News Roundup: Dramatic electricity price rises are on the horizon for homes and businesses this year.
Lehman Sees US Gas Supply Down 3% In 2003, Down 1% In 2004
NEW YORK -U.S. natural gas supply declined last year and should continue to do so in 2004, but at a slower pace, according to a report by Lehman Brothers.
US: Governor Pushes for ‘Hydrogen Highways’
Gov. Arnold Schwarzenegger wants to speed California drivers to a future in which the most common element in the universe — hydrogen — will power their cars instead of petroleum.
US-Mideast oil ties undergo rapid change
Once upon a time there were four American oil companies that controlled the world of oil. Their names were Exxon, Mobil, Chevron and Texaco. But in the past 40 years, the world of oil has been turned upside down.
Saudi Oil Minister: $25 crude would be a “miracle”
Saudi Arabia would like to see OPEC’s reverence price for oil remain constant at $25 a barrel, but the country’s oil minister said Wednesday it would “be a miracle” if that happens.
Natural Gas Updates – A Dark And Cold Future
Evidence of a looming North American Natural Gas crisis.
Bush-Cheney Energy Strategy: Procuring the Rest of the World’s Oil
When first assuming office in early 2001, President George W. Bush’s top foreign policy priority was to increase the flow of petroleum from suppliers abroad to U.S. markets.
US: Utility bills skyrocket due to higher oil and natural gas prices
Utility bills are soaring this winter, hurting homeowners and businesses alike, for reasons that have less to do with nasty weather than with tight supplies of natural gas and oil.
Energy sector could ignore waste wood as fuel, expert warns
The biomass power generation market could close its doors to wood recyclers if something is not done to address their misperceptions, an expert has said.
US: Demand outpaces gas production
The natural gas industry faces a year of conflicting extremes in 2004.
Increased Scrutiny Could Shrink World Oil Reserves
The world’s oil companies were already double-checking their books before Royal Dutch/Shell Group sent the industry into a tizzy this month by reducing the stated amounts of its proven reserves by almost 4 billion barrels of oil and natural gas. That’s 20% of its total.
BP: oil price will stay high
LORD BROWNE, chief executive of BP, the world’s second-largest oil company, has warned the City and British industry to prepare for a long period of high oil prices.
