Tennessee: Low-Sulfur Coal Price Doubles, following Gas & Oil
The Tennessee Valley Authority will pay nearly twice as much as it
did five years ago to stoke some of its power plants with low-sulfur
coal.
The Tennessee Valley Authority will pay nearly twice as much as it
did five years ago to stoke some of its power plants with low-sulfur
coal.
Even with demand for crude oil surging and prices near record highs, Bernardo de la Garza can unload his oil only at a steep discount. De la Garza sells a less-desirable grade of heavy Mexican oil.
“There have been developments (that suggest) that during the second quarter of 2005, demand for oil will plunge,” OPEC President Purnomo Yusgiantoro said without elaborating.
PowerSwitch.org.uk, a great British Peak Oil site, has announced a short story competition judged by noted author Stephen Baxter – plus more news in this latest bulletin.
Oil is the sinews of the modern life….
Unfortunately, this valuable substance which has been relatively recently introduced into man’s life is going to be exhausted.
The current oil price boom is “significantly” different from the politically driven price spikes of the 1970s, Saudi Arabia’s energy minister said in London yesterday.
Between August and October, Iraq lost $7 billion dollars in potential revenues due to sabotage against the country’s oil infrastructure, according to Assem Jihad, spokesman of the Oil Ministry.
If predictions are correct, no future generation will forget 2005 – the year the world began eating into the second half of its oil reserves. Interview with Pr. David Goodstein.
Rather than seeking alternatives to heating with oil — the cost of which has increased by 31 percent — folks this year are finding thrifty, creative ways to keep warm air in and cold air out, area retailers say.
Second set of audio recordings from the First US Conference on Peak Oil and Community Solutions, this time featuring Pat Murphy on the geopolitics of oil and permaculturist David Blume on home grown ethanol production.
Some experts express even greater concern and caution that oil may run short much sooner than the IEA forecasts.
If oil production is about to peak, America’s transportation-dependent economy appears
headed for a crippling crisis in coming decades.