Energy Headlines – Apr 20, 2005

NYT: We need an energy strategy / US is an oil-addict / NZ Greens keep PO in news / Analyst Roach sees $ woes ahead / The Goldman Sachs analyst who predicted $105/barrel oil / BC scores badly on Cascadia scorecard / Where would ANWR oil go? / Maybe oil prices aren’t so bad / China low on fuel / Matt Simmons has a new book / more

Are we re-entering the dark ages?

Worldwide, populations are suffering from poor levels of energy investment and ageing power plants. The research calculates that about $12.7 trillion (£6.7tn) of investment, greater than the entire US annual economic output, is understood to be needed globally to meet an expected doubling in electricity consumption through 2030.

US: Caution warranted on oil shale

With crude-oil prices inching toward $60 a barrel earlier this month, renewed talk of tapping Colorado’s vast oil-shale resources wasn’t surprising. This time, federal lawmakers are wisely urging caution in possible shale development to avoid the dislocations of the frenetic oil-shale boom and bust of the early 1980s.