Politics and Economics Headlines – 12 October, 2005

Chavez’s strong oil card is a bluff / Smugglers cash in on oil subsidies / Sugar prices soar on biofuel prospects, fund flows / Higher gas prices hit rural Americans hard / Pain at the pump, Profits in the boardroom / Is the U.S. on the verge of a natural gas crisis? / Fearing Heat Costs, Many Take Preventive Action / Living too large in exurbia / Bike seller leaps on oil price opportunity / Governors abandon SUVs /
Energy crisis unfolds in Pakistan / Cuts in Energy Spending May Prove Elusive / Alaska Threatens To Yank Leases from idle oil companies

UK Energy Part 1: The Winter Outlook

Two interesting reports have been published recently, Energy Trends from the DTI updated with 2005 Quarter 2 data and Winter Outlook Report 2005/06 from Ofgem. These two reports contain a wealth of data on the UK energy market past, present and looking forward to the winter. However I am less impressed with the analysis and conclusions drawn from the data. In part one of this article I discuss the Winter Outlook Report, part two discusses the Energy Trends report here: UK Energy Part 2: 2005 Quarter 2 Update.

Peak oil headlines – Oct 10

Washington DC and Peak Oil /
Peak-oil scenario fuels “go local” campaign in Vermont /
Unraveling the gas ‘conspiracy’ /
International Energy Agency confronts PO /
Philadelphia Church of God on PO /
October ASPO newsletter /
PIMCO: Got energy? /
Oz Greens call for inquiry into oil supply /
Happy birthday M. King Hubbert /
Vancouver: Running on empty /
Big names in Texas PO roundtable /
Syriana: the next oil awareness movie

Politics & economics headlines – Oct 10

US energy bill OKd in raucous vote /
Inside the secretive Bilderberg Group /
Gas row between China and Japan escalates /
Boom times await new BRIC powers /
Fool shortage? Not in Georgia /
US revs up the China threat /
Chavez interview – has ‘strong oil card’ /
High oil prices met with anger worldwide /
Pombo proposes offshore drilling

Dow Chemical CEO: US should declare national emergency on NG supplies

Testifying before the Senate Energy Commitee, Dow Chemicals CEO Andrew Liveris said, “The short-term outlook for natural gas consumers is grim. If prices remain at or near current levels, manufacturers will be driven out of the market and many may not return.”…
The government should also “declare a national emergency” to shock consumers into awareness of tight supplies, he said.