O is for Oil
How might America cure itself of energy illiteracy? Realistically, teaching Americans to give energy the priority it deserves would be an incremental process that could take years.
Fossil Fuels
Iran claims number-two position for world oil reserves
Iranian Oil Minister Bijan Namdar Zanganeh announced that new oil discoveries in the southwest of the country now meant the Islamic republic held the number-two position in world crude reserves.
Aviation growth ‘risk to planet’
The rise in demand for air travel is one of the most serious environmental threats facing the world, a study says.
Special forces raid Russian oil firm’s headquarters
Russian law enforcement officials attempted to seize the headquarters of the Russian oil company Yukos yesterday, days after it was landed with a tax bill of £3.8 billion.
Crude Oil Quality a Growing Issue for U.S. Refiners
The quality of the world’s crude oil that will be produced in the near future is falling and some U.S. refiners may soon have to invest millions in their plants to refine the changing flow of crude, experts said on Thursday.
Short-term relief: Gasoline price drop welcome, but it can’t last
Enjoy these gas prices while they last, because they are only going to be with us for a short time before they head back up.
Explosions increase pressure on oil prices
World oil supplies came under more pressure on Sunday as Iraqi crude exports were disrupted by pipeline explosions, and Yukos, the Russian oil group, moved closer to bankruptcy.
Indonesia’s oil output may drop by 2008
Indonesia, South-east Asia’s biggest oil producer, will be unable to prevent production declining within four years without increased exploration spending to find new fields, Energy Minister Purnomo Yusgiantoro said.
Indiana Jones and the China crusade
“The American dollar is a flawed currency and will collapse in value before the end of the decade, taking with it the prosperity of the American nation.” Rogers’ reasoning is straightforward: raw materials are running out.
Pacific Energy to move oilsands crude to U.S in newly acquired pipelines
California-based Pacific Energy Partners L.P. plans to transform its two newly purchased regional pipeline systems in Alberta into a mainline to ship growing quantities of oilsands crude to refineries throughout the western United States.
Asian outlets beckon oil sands producers
The robust economies of Japan, Korea and China could open new doors for Canada’s heavy and synthetic crude, according to the Alberta Energy Research Institute.
Fuel for thought
This article comparing costs of various automotive fuels, off-handedly notes that “global oil production has reached its peak or will peak in the next decade and then production will run downhill.”
