Oil industry calling for fight against environmentalists
Oil and gas industry executives are calling for a battle against environmentalists they see as anti-development.
Oil and gas industry executives are calling for a battle against environmentalists they see as anti-development.
Tight oil supplies could leave the global economy worryingly vulnerable for years to come, a senior International Monetary Fund official said on Thursday.
When Shell describes a new oil discovery equal to about one day’s global demand as “major” it’s another sure sign that oil exploration is well past its heyday.
Oil and gas account for the lion’s share of US energy consumption and are critical to transportation, home heating, and electricity generation. Soon we will have less of these fuels to go around, despite an expanding population and the constant demand for more energy to fuel economic growth.
Converting every vehicle in the United States to hydrogen power would demand so much electricity that the country would need enough wind turbines to cover half of California or 1,000 extra nuclear power stations.
Various ecological, social and economic challenges must be addressed if agriculture is to be truly sustainable. Martin Khor, Director of the Third World Network, discusses the choices facing developing countries and policy makers, and suggests some ways forward.
This month’s newsletter from the Association for the Study of Peak Oil and Gas feautures a country assessment of Turkey and a summary of the month’s most important news stories. Essential reading.
Denmark aims to claim the North Pole and hunt for oil in high Arctic regions that may become more accessible because of global warming, the Science Ministry says.
Oil prices have climbed towards $52 on worries about supply problems in the Gulf of Mexico and low oil inventories.
West African oil holds great promise for companies in search of diverse sources. But it’s giving U.S. national security planners a new Gulf to worry about: the Gulf of Guinea.
Oil depletion figures highly in the approaching crisis, and it’s not something new or theoretical, but something society has been living with for decades, Heinberg said.
Energy economist Philip Verleger Jr. attributes the present price run-up to massive miscalculation. Oil companies and OPEC underestimated global demand, particularly from China.