AUSTRALIA – Hopes of $50bn gas sale
“The US have only very recently become open about their energy requirements, and some say it’s as big a crisis, or potential crisis, as during the oil shocks,” says Australian Industry Minister, Ian Macfarlane.
Josh Gordon
UK trade deficit widens amid falling oil exports
The surplus on trade in oil fell to just £202 billion from £235m in October.
Alaska Thaws, Complicating the Hunt for Oil
DEADHORSE, Alaska . Harry Bader slogged across a patch of America’s only Arctic shore, leaning into a late December gale that filled the midday twilight with blowing snow and sent the wind chill to 40 below.
Despite the weather, Mr. Bader, the state’s land manager for the oil-rich North Slope, was consumed with one thing – the warming climate. Oil-prospecting convoys in search of new deposits are allowed to crisscross the fragile tundra only when it is snowy and solid. But over three decades, rising temperatures have cut this frozen season in half, to 100 days from 200.
Russian oil and gas sector growth may stop in 2007
According to LUKoil Vice President Leonid Fedun, by 2007 the Russian oil and gas sector will stop rising.
Worry grows over Shell’s reserves error
Royal Dutch/Shell Group’s disclosure that it overstated its proven reserves by 20 per cent rattled energy investors and is raising questions about whether the oil industry as a whole has inflated its prospects.
OPEC mulls move to euro for pricing crude oil
OPEC is considering a move away from using the U.S. dollar — and to the euro — to set its price targets for crude oil, the highest-profile manifestation of the debilitating effect of depreciation on the greenback’s standing as the currency of international commerce.
Getting off the gas: Santa Fe group aims to heat city with wood
Tesuque engineer Mark Sardella envisions Santa Fe’s businesses and homes heated not by gas, not by coal, but by a source that went out of fashion, oh, about one and a half centuries ago — wood.
Compost: The first step to overcoming Peak Oil
The first step to overcoming peak oil is to start a Compost Pile.
Shop ‘Til the Earth goes ‘Pop’
Fatter and ever hungrier for the latest physical comforts and social-status symbols, the average U.S. citizen is leading the world in building a global consumer society that is wreaking havoc on the world’s natural resources.
Plan now for a world without oil
It is hard to envisage the effects of a radically reduced oil supply on a modern economy or society, writes Michael Meacher, UK environment minister from 1997 to June 2003.
Peak oil primer and links
The Energy Bulletin Peak Oil Primer
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