Oil supply to peak by 2015?
“Oil production is now in decline in eighteen countries around the world”, said Chris Skrebowski, Editor of Petroleum Review, at yesterday’s Energy Institute oil depletion debate.
“Oil production is now in decline in eighteen countries around the world”, said Chris Skrebowski, Editor of Petroleum Review, at yesterday’s Energy Institute oil depletion debate.
Community Services, Inc., is a small organization with a big agenda. Concerned with what it perceives as an impending energy crisis, the Yellow Springs group wants to help lead the country toward sustainable living. (Coverage of First U.S. Conference on Peak Oil and Community Solutions).
Oil exports from Russia – the world’s second-largest oil producer – may decrease within two years, a top Russian oil industry expert warned Tuesday.
It may not be long before drivers of the Hummer – the steroid-laden sports utility vehicle favoured by the likes of Arnold Schwarzenegger – get a fright when they look in their rear-view mirrors.
Crude oil prices declined to below the $47 per barrel mark today on expectations of continued rise in the US oil and natural gas inventories.
Homeowners who heat their houses with heating oil will see their bills jump more than 37% this winter from a year ago, the government said Tuesday in a report that also projected increased costs for all other heating sources.
Pipeline and power company TransCanada Corp. plans to band together with international energy giant Royal Dutch/Shell Group to build a $700 million (U.S.) liquefied natural gas terminal off the coast of New York state.
The $7 trillion national debt, unparalleled domestic consumer debt, the fall of the dollar and rise of the Euro, peak oil, the rise of the biggest markets by far in Europe and China – all adumbrations of a collapsing U.S. economy. [Warning: political rant]
The world economy faces a significantly raised risk of a global recession in 2005 if oil prices are sustained at their current level, says Stephen Roach, chief economist of investment group Morgan Stanley.
Liquefied natural gas imports will play “a pivotal role” in supplying the United States with energy in the coming years, the head of the Texas Railroad Commission says.
SPAIN wants to take advantage of its sunshine by making solar panels compulsory in new and renovated buildings — to save fuel costs and to improve the environment.
Long-time GNN contributor Adam Porter is the oil and economics correspondent for Al Jazeera’s English language web site. Recently, he talked with GNN editor Anthony Lappé about the phenomenon known as “peak oil”