Bush, Oil & Iraq: Some Truth at Last
Here we have former US Treasury Secretary Paul O’Neill disclosing that George Bush came into office planning to overthrow Saddam Hussein, and MSNBC polls its audience with the question, Did O’Neill Betray Bush?
Unity needed for Kiwi continuity
NEW ZEALAND – As this country continues hurtling towards the serious gas supply shortages predicted for 2005-06, commentators are hoping and praying for a less fractious and fragmented year than 2003.
AUSTRALIA – Hopes of $50bn gas sale
“The US have only very recently become open about their energy requirements, and some say it’s as big a crisis, or potential crisis, as during the oil shocks,” says Australian Industry Minister, Ian Macfarlane.
UK trade deficit widens amid falling oil exports
The surplus on trade in oil fell to just £202 billion from £235m in October.
Alaska Thaws, Complicating the Hunt for Oil
DEADHORSE, Alaska . Harry Bader slogged across a patch of America’s only Arctic shore, leaning into a late December gale that filled the midday twilight with blowing snow and sent the wind chill to 40 below.
Despite the weather, Mr. Bader, the state’s land manager for the oil-rich North Slope, was consumed with one thing – the warming climate. Oil-prospecting convoys in search of new deposits are allowed to crisscross the fragile tundra only when it is snowy and solid. But over three decades, rising temperatures have cut this frozen season in half, to 100 days from 200.
Russian oil and gas sector growth may stop in 2007
According to LUKoil Vice President Leonid Fedun, by 2007 the Russian oil and gas sector will stop rising.
Worry grows over Shell’s reserves error
Royal Dutch/Shell Group’s disclosure that it overstated its proven reserves by 20 per cent rattled energy investors and is raising questions about whether the oil industry as a whole has inflated its prospects.
2020 Scenario: OPEC May Be Replaced
It’s 2020, and the energy ministers of the Organization of Gas-Exporting Countries, known as OGEC, the umbrella for the dozen or so nations which dominate the market, gather in Madrid for their annual get-together to determine production quotas and price levels for the new primary energy source that fuels the global economy , natural gas, or more specifically, liquefied natural gas, known as LNG.
OPEC mulls move to euro for pricing crude oil
OPEC is considering a move away from using the U.S. dollar — and to the euro — to set its price targets for crude oil, the highest-profile manifestation of the debilitating effect of depreciation on the greenback’s standing as the currency of international commerce.
Getting off the gas: Santa Fe group aims to heat city with wood
Tesuque engineer Mark Sardella envisions Santa Fe’s businesses and homes heated not by gas, not by coal, but by a source that went out of fashion, oh, about one and a half centuries ago — wood.
Compost: The first step to overcoming Peak Oil
The first step to overcoming peak oil is to start a Compost Pile.
Shop ‘Til the Earth goes ‘Pop’
Fatter and ever hungrier for the latest physical comforts and social-status symbols, the average U.S. citizen is leading the world in building a global consumer society that is wreaking havoc on the world’s natural resources.
