Plastic makers squeezed
The petrochemical industry’s costs are skyrocketing as raw materials grow dearer. `We’re keeping our fingers crossed,’ one executive tells reporter John Spears.
Fossil Fuels
Oil companies try to squeeze the last drop in U.S.
With oil prices surging, crude producers in the Permian Basin, the U.S.’s oil heartland, are scrambling to squeeze more oil out of their wells.
Buoyed by the black stuff
In the last of the Guardian’s series on the UK’s declining oil reserves, oil chiefs explain why Aberdeen has reason to be cheerful…our overall oil reserves may be in permanent decline but there is still plenty of money to be made and no need yet for despondency.
PUTIN’S VISIT TO CHINA: Question marks remain over oil supply
Two days of talks are capped by signing of border pact and other deals but there is no announcement about oil pipeline.
Global-Scale Problems
Increasingly, sharing natural resources will require close international cooperation, peace, and security. This is not the 21st century path we are choosing.
The Countdown for the Peak of Oil Production has Begun – but what are the Views of the Most Important International Energy Agenc
While peak oil has hit the mainstream news, government planning bodies still depend on the “optimistic” forecasts of the international energy agencies. This paper documents these agencies’ past failures and carefully dismantles their research methods, revealing that the world’s governments are acting on false assumptions, blindly moving towards an energy crisis without precedent.
Oil will peak’ this decade
According to Dr. Jason Bradford, Ph.D., oil prices at over $50 a barrel reflect the “peak” in oil extraction predicted to occur in this decade. In short, he says, demand will soon exceed supply.
CNN breaks rank with other Television News Outlets linking High Oil Prices
In its October 13, 2004 story ‘Pump Pain
Politics,’ CNN Headline News and CNN Financial News have broken rank with
mainstream television news by addressing the real geological driver behind
rising oil and gas prices.
Book Review: Crossing The Rubicon
Ruppert masterfully presents the genesis of September 11th and moves the reader through the early years regarding high expectations for massive oil sources, exposing what’s known as “peak oil” production and into the future.
Japan-Power Aiming at Early Use of Fuel Cells for Power Generation
Japan’s Electric Power Development Co. aims to soon commercialize a new electric power generation system that combines fuel cells and coal-fired thermal power, President Yoshihiko Nakagaki said Thursday.
Airlines expect to take big hit from oil prices
Investors know jet-fuel prices are killing airlines’ profits, but they will soon get an up-close view of the damage when major carriers begin reporting third-quarter earnings.
Britain’s shrinking oil and gas supplies
Higher oil prices mean more cash to British-based oil companies and extra tax for the exchequer. But as domestic supplies run dry the future will bring increased import bills for crude, petroleum products and gas, which is also running out.
