China Warns of More Power, Oil Shortages
China’s power shortages show no signs of easing, state media said Wednesday, as the company in charge of the nation’s power grid threatened to cut off factories that fail to conserve energy.
China’s power shortages show no signs of easing, state media said Wednesday, as the company in charge of the nation’s power grid threatened to cut off factories that fail to conserve energy.
Russian oil giant Yukos faced being torn apart after bailiffs said they would sell off its main operating arm to settle a $3.4bn bill for back taxes.
The defense ministry said yesterday that it was short of fuel for the military’s aircraft and naval ships as budget constraints continue to bite.
The salient features of the post cheap oil world will be turbulence, economic systems failure, and falling standards of living. The greatest imperatives for Americans will be the reconstruction of local communities and economic networks of interdependency and the re-establishment of local agriculture.
Could the US presidential election be called off? The stakes are high and they include the world oil peak, rants Chuck Richardson.
Venezuelan President Hugo Chavez will visit China in October to talk about oil as China reaches out for more sources of supply to feed its booming economy.
Iran is harboring members of al Qaeda, and the United States is investigating whether the Iranian government had a role in the September 11, 2001, attacks, President Bush said Monday.
In 1944 Vice President Wallace wrote, “If we define an American fascist as one who in case of conflict puts money and power ahead of human beings, then there are undoubtedly several million fascists in the United States”.
Given the gravity, immediacy and potentially all-encompassing implications of Colin Campbell’s projection, there must by an urgent government-initiated debate over the validity of the statistics and the potentially devastating short term economic and political implications of oil peaking in next two or three years.
The impending end-of-life of oil and Boomer Babies is the next big challenge to the Green movement in America.
PRESIDENT George Bush has promised that if re-elected in November he will make regime change in Iran his new target.
A return to commercial whaling and the type of butchery not seen for the better part of a century will move closer this week with Japan expected to secure enough support at the annual meeting of the International Whaling Commission to ensure a pro-whaling majority for the first time in 20 years.