Oil prices raising costs of offshoots
What do carpet, tires and paint have in common? They are just a few of the household items getting more expensive due to the high cost of oil and natural gas.
AP
US: Cost likely to rise for Hanford waste plant construction
A U.S. Army Corps of Engineers report concludes there is a significant risk of construction cost increases for the Hanford nuclear site’s waste treatment plant, the government’s largest construction project.
Russia: BP and Rosneft Ready to Drill Sakhalin-5
The project is situated off Russia’s eastern coast and estimated to have a maximum oil and oil-condensate output of 700,000 barrels per day — similar to that of OPEC member Qatar.
Philippines: Bataan nuclear plant costs $155,000 a day but no power
NEARLY 30 years after work began on the Bataan nuclear power plant just north of Manila, Filipino taxpayers are still paying 155,000 dollars a day in interest on a structure that has never produced one watt of power.
July 2004 ASPO newsletter is online
The Association for the Study of Peak Oil & Gas newsletter is, once again, essential reading.
Competing for Energy Resources – Part 1
If China’s economy moved forward to a level that was approximately on par with Mexico’s current economy, the world demand for oil would double.
Michael Moore’s Fahrenheit 9/11 Doesn’t Go Far Enough
Moore implies — correctly — that the primary motive for the war was to seize the oil fields. He does not discuss “peak oil” theory, which — if valid — does much to explain why Bush viewed this seizure as a necessity.
Iran Reacts to U.S. Power Loss
Tehran finds itself located in a very volatile region of the world, one in which powerful outside interests have as their major foreign policy objective the desire to prevent a Middle Eastern state from gaining too much power.
Global oil capacity growth hinges on mega-projects
The smooth, prompt start-up of about a dozen big-ticket oil projects over the next 18 months is more important than ever to meeting global oil demand growth and keeping prices under control, analysts say.
Global solar panel shortage
Solar panels are in short supply because many manufacturers are sending their available product to Germany and Japan, where they can be sold for more.
Asia hungry for nuclear power
On the 50th anniversary of nuclear power, China and India are pursuing ambitious nuclear plans.
Russia builds nuclear power plant for Iran
While the United States battles to win hearts and minds in Iraq, in neighbouring Iran, Russia is making important diplomatic and economic inroads. Russia is building the Islamic state’s first nuclear power plant in a deal worth $800 million and thousands of jobs.
