No extra oil as Saudis cite full capacity

United States President George W. Bush has failed in his effort to get the Saudi Government to increase oil production in the near term. The Saudi Government has said there is nothing it can do because its production is already at or near full capacity, and that the long-term solution to the oil price problem is for the US to increase its investment in refining capacity.

The oil supply tsunami alert

The oil market is vibrating and crude oil prices are bobbing up and down like a float on the water. Around the world experts make analysis and try to explain why. The fact that the price of crude oil is approaching $60 per barrel and the production costs for the same barrel fluctuates between $1 and $10 shows that common economical theories are not valid any longer, something new is in the air and the question is how to interpret today’s vibrations.

Global Warming and the Elephant in the Living Room

Striking in its omission is debate about the largest creations of our species: cities. Could it be the most basic solution is redesigning them for people instead of cars? Presto, both [global warming and peak oil] solved in the same stroke and in a more fundamental way than by just trying to tune up the same old infrastructure, always trying to get a little more juice out of the planet, a little more sprawl-inducing mileage out of our cars.

The twilight zone

We’ve been warned about ‘peak oil’- the day that heralds the end of cheap energy. It’s the biggest threat to our lives and livelihoods, but no one is listening. Former industry insider Jeremy Leggett outlines the six reasons why we need to act now

UK: Radiating failure

Britain now has half-a-million cubic metres of highly radioactive waste – enough to fill five Albert Halls – in ponds and tanks at power plants and other sites around the country.