Insight and inspiration in turbulent times.
Post Carbon Institute is assisting Project Agastya and other Bangalore organizations to organize a one-day conference examining the implications of peak oil for India on January 28, 2005.
Tens of thousands of Bolivians have rallied in Santa Cruz – the country’s economic capital – to protest against cuts in fuel subsidies. Organisers pledged that the protests, the culmination of days of unrest over fuel prices, would remain peaceful.
Canada is striving to sell major consuming countries on the potential of its vast oil sands to help meet energy demand, but a recent string of output disruptions makes the job tougher, analysts said on Friday.
Representatives of indigenous peoples blocked more than 100 pieces of heavy machinery in Sakhalin on Friday to protest against local oil and gas projects.
OAO Yukos Oil Co., Russia’s biggest oil exporter last year, defaulted on long-term contracts to supply refiners after the government sold its biggest oil-producing unit to collect more than $20 billion in back taxes.
President Chavez’s goal of reducing his country’s almost total dependence on the U.S. oil market may precipitate a global shift in which China will benefit by helping to meet its exponentially growing energy demands with Latin American oil.
Industrialised countries are heavily dependent on fossil fuels, especially oil and gas. Gas and oil together provide 70% of the energy used in both the US and UK. But the world’s reserves are rapidly diminishing, and they don’t have to actually run out before precipitating a crisis. (An introductory article to Peak Oil)
Our civilization “is the first to develop a level of personal comfort that creates the illusion and the expectation that, thanks to our civilisation and our technology, we can forever conquer cold, hunger, pain, illness and eventually death itself. We have done this thanks to the use of one substance: oil.”
Every day natural gas flares around the world burn off 10 billion cubic feet of energy–the equivalent of 1.7 million barrels of oil. A tiny R&D company in Tulsa, Oklahoma called Syntroleum Corp. claims it has refined a gas-to-liquids process to the point that it’s now cheap and safe, and can be used in the field to produce more easily transported fuels.
An oil-free New Zealand is on the Green Party’s agenda. … co-leader Jeanette Fitzsimons warned of an oil crisis within 10 years. “The end of cheap oil is coming towards us with the force of a tsunami and New Zealand is not ready,” she said.
An energy tsunami formed due to a number of multi-billion dollar energy deals in oil and gas involving Iran, India, Russia and China has been unleashed in Asia, with great economic and political implications for the United States in particular and our global society in general.
New Zealand electricity companies begin planning for the construction of an LNG refinery.
