OPEC: Oil will rise until Nov.
Cartel’s president says strong demand will cause prices to climb through the end of the month.
Reuters
G8 nations to consider sanctions against Iran
The U.S. administration will take up strategy for United Nations sanctions against Iran at a meeting tomorrow of senior officials from eight nations.
U.S. trade gap ballooned in August
Oil imports help push deficit to 2nd-highest level on record.
Restoring Degraded Soils a Matter of Urgency
Research has shown that declining crops yields are, in most cases, exponentially linked to loss of soil quality. Soils are threatened by water and wind erosion, nutrient depletion and salinisation, among other things.
Food for Thought
Toby Risk visits a small, diverse and self-sufficient farm in Britain that means to set an example for the rest of the country
UK chemists seek hydrogen store
UK scientists think they have taken a major step forward in making hydrogen a practical replacement for petrol.
Japan-Power Aiming at Early Use of Fuel Cells for Power Generation
Japan’s Electric Power Development Co. aims to soon commercialize a new electric power generation system that combines fuel cells and coal-fired thermal power, President Yoshihiko Nakagaki said Thursday.
Airlines expect to take big hit from oil prices
Investors know jet-fuel prices are killing airlines’ profits, but they will soon get an up-close view of the damage when major carriers begin reporting third-quarter earnings.
Combating ‘The End of Suburbia’
The DVD The End of Suburbia “looks directly at the reality of resource depletion, encouraging us to face that squarely, while inspiring the viewer to imagine creative solutions.”
America’s Addiction to Asian Credit
Asian central banks have been financing America’s $500 billion current account deficit mostly via the purchasing of US Treasuries. To get a better grip on this number, try to understand that America needs $1 million of Asian capital every minute in order to maintain its current standard of living.
Chart watchers eye $70 peak for oil
Signals are growing that oil’s price surge could push all the way to $70 a barrel, according to the technical analysts who forecast market trends by interpreting chart patterns.
Wind power can create thousands of manufacturing jobs in hard-hit states
Boosting U.S. wind energy installations to approximately eight times
today’s levels could create 150,000 manufacturing jobs nationwide, with
most jobs being added in the 20 states that have lost the most over the
past three years, according to a report released today by the Renewable
Energy Policy Project (REPP).
