Oil dominates Russia-China talks
Russian President Vladimir Putin is holding talks in Beijing on contentious plans for an oil pipeline.
Fossil Fuels
Fuel price will hurt economies: IEA
Higher petroleum prices would hurt economic growth around the world next year, the International Energy Agency said.
U.S. Oil Output at 55-Year Low
U.S. crude oil output in September fell to the lowest monthly level in more than 55 years because of Hurricane Ivan and interruptions for maintenance in Alaska, the American Petroleum Institute said.
Oil Reaches $54 a Barrel on Concern Winter Will Drain Supplies
Crude oil rose close to a record on concern that refiners will lack the supplies to meet demand for heating fuel during the northern hemisphere winter.
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.
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.
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.
Plastics hit by oil price hikes, supply shortfalls
If you believe some experts who say that oil production has either peaked now or will do within 10 years, we could soon be facing massive increases in the price of crude oil. And the knock-on effects would flow on to plastics and many chemicals.
OPEC: Oil will rise until Nov.
Cartel’s president says strong demand will cause prices to climb through the end of the month.
Combating ‘The End of Suburbia’
The DVD The End of Suburbia “looks directly at the reality of resource depletion, encouraging us to face that squarely, while inspiring the viewer to imagine creative solutions.”
Four More Years for the Earth
With no viable plan for developing renewable energy, America will soon find itself pulled into an economic black hole as China, Japan and Europe build new economies based more on wind and solar power.
New website: SurvivingPeakOil.com
A new website SurvivingPeakOil.com has been launched with a collection of essays on practical responses to the Peak Oil crisis.
