IEA to call for an emergency oil plan
Oil importing countries should implement emergency oil saving policies if supplies fall by as little as 1m-2m barrels a day, the International Energy Agency will warn next month.
Oil importing countries should implement emergency oil saving policies if supplies fall by as little as 1m-2m barrels a day, the International Energy Agency will warn next month.
LOS ANGELES — The Russian government plans to increase its oil export duty to a record $102.60/tonne starting Apr. 1. The duty has been $83/tonne since Feb. 1.
During December 2004 and January, the duty was $101/tonne, the previous highest level. Russia’s oil export duty is reconsidered every 2 months.
So where are the Democratic voices linking energy conservation and national security? With awareness of Peak Oil rising along with prices at the pump, it’s time for Democrats to make it clear they are leading the charge for the geo-green strategy.
The interesting question about the advent of $50-a-barrel oil is whether it signals a new era in the economics and politics of energy.
Can renewable energy development keep pace with rising global energy demand? As world governments struggle with this question, Germany is advancing with resolve in a transition to 100% renewable energy.
The United States must act now to deal with peaking world oil production or face disruptions far greater that the 1973 oil embargo or the 1979 Iranian oil cutoff, according to an article in the spring issue of Issues in Science and Technology.
A group of former national security officials on Monday took up the cause of weaning U.S. drivers from their oil addiction — normally the realm of environmental groups — and asked the Bush administration to spend $1 billion on lighter, more fuel-efficient automobiles.
Just when you thought it was impossible, Cheney energy schemes get even worse
An independent study has modeled various scenarios to project possible dates of global oil peak. The modelers used data from both the USGS and ASPO to reach their conclusion that ‘the answer to the question, “how much longer can we increase oil production?”, seems to be probably not much more than 30 years, and perhaps less than five.’
Peak oil means that we are entering into a reality far different and much more threatening than the one to which we are accustomed.
Imagine if George Bush declared that he was getting rid of his limousine for an armor-plated Ford Escape hybrid, adopting a geo-green strategy and building an alliance of neocons, evangelicals and greens to sustain it.
The interesting question about the advent of $50-a-barrel oil is whether it signals a new era in the economics and politics of energy. To sharpen the question: have we entered a period when, owing to consistently strong demand and chronically scarce supplies, prices have moved permanently higher?