The cost of gas set to soar
DOMESTIC gas bills are expected to soar this winter as the future cost of gas hits record highs. The price of gas for delivery in October is currently 66p a therm, a 75% premium on this point last year.
DOMESTIC gas bills are expected to soar this winter as the future cost of gas hits record highs. The price of gas for delivery in October is currently 66p a therm, a 75% premium on this point last year.
On May 30 Nicaraguan President Enrique Bolanos issued an emergency decree that, amongst other things, enabling him to raise electric prices as demanded by producers, primarily the Spanish company Unión Fenosa.
Is this a point of inflection in Nicaragua’s energy descent, or business as usual? We’ve collected a few articles to throw some light on the question.
In fact, my own mother this week demonstrated how a Peak Oil situation cuts the fat and preserves wealth. Being an old aged pensioner, she has to watch the pennies and the increasing size of her electricity and gas bills provoked action. Was this to be a microcosm of the population responding to the early stages of the downslope of Hubbert’s oil peak?
There are many reasons to believe that contemporary civilization has reached the point of diminishing returns from complexity. Proposals that rely purely on technical fixes for our energy problems tend to increase complexity. Thus, new technologies may fail to deliver their promised results.
The Fourth Special Order speech on Peak Oil to the US Congress by Rep. Roscoe Bartlett, accompanied by Rep.’s Ehlers, Gilchrest, Inglis, and Wamp.
America is over. America is like Wile E. Coyote after he’s run out a few paces past the edge of the cliff – he’ll take a few more steps in midair before he looks down. Then, when he sees that there’s nothing under him, he’ll fall. Many Americans suspect that they’re running on thin air, but they haven’t looked down yet. When they do …
Release of draft report examining global demand and supply balance, Saudi reserves, current production capacity and planned investments, infrastructure security, and Saudi government revenue constraints on infrastructure spending.
GE shows its green colors, with full page ads full of .. imagination.
CLIMATE change researchers have detected the first
signs of a slowdown in the Gulf Stream — the
mighty ocean current that keeps Britain and Europe
from freezing.
KUALA LUMPUR : Higher oil prices are creating major problems for Asian countries which subsidize fuel costs, threatening economic growth if the subsidies are kept in place and consumer outrage if they are not.
A report prepared by energy economists at the French investment bank Ixis-CIB has warned crude oil prices could touch $380 a barrel by 2015.
Lifestyle changes — including how we drive, where we shop and how we invest — can ease the squeeze as the world’s oil supply shrinks