US: Natural gas prices set to skyrocket in the fall
The bargain-basement wholesale prices of the 1990s are gone, and probably for good.
Fossil Fuels
Oil won’t last; our ingenuity to live with less of it is our test now
It’s impossible to overstate how oil has impacted our lives. Cheap and plentiful oil, combined with human ingenuity, has created a world unimaginable to those who lived only a few generations ago.
Time for an energy revolution
It is now possible to save more oil through energy efficiency than the US could possibly find in the ground, and to do so at a per-barrel cost well below the average market price for oil.
Behind the Scenes U.S.-China Cooperation May Focus on Oil
As a Sing Tao Daily headline reported on the paper’s front page, President Bush and Vice President Dick Cheney met with China’s foreign minister in Houston earlier this month, after former President Ronald Reagan’s funeral.
Worst case scenario of methane hydrate release
A worst-case scenario of climate change from the possible future release of submerged methane hydrates predicts catastrophic warming in the atmosphere and rising sea level similar to conditions that preceded the last ice age
Unlimited Oil?
The abiotic origin of oil, is a theory that has yet to see conclusive evidence. It’s known better for it’s lack of evidence against, than evidence for.
UK: Fears of gas shortage in harsh winter
Britain risks running short of gas over the next two winters if the weather were particularly harsh or there were an emergency such as a terrorist attack on an import terminal, according to a House of Lords inquiry.
Oil Edges Up as Norway Situation Escalates
Oil prices edged up on Thursday as Norwegian employers said they would lock out striking workers next week, threatening to shut off almost all oil and gas output from the world’s number three crude exporter.
‘Oil’ author will speak tonight
The 100-year reign of the world’s oil-based economy is nearing its zenith, according to Paul Roberts.
Saudi Arabia: The Politics of Self-Preservation
The high prices have given the Saudi government a long forgotten confidence that the Bush administration would realise that the Saud family was and is the only option for stability in Saudi Arabia and stability in oil prices and that they must be supported no matter what they did or said.
Australia encourages barrier reef oil exploration
Australia has increased tax concessions to encourage oil exploration in the far reaches of the Great Barrier Reef, angering environmentalists who warn an oil spill could destroy the world’s largest living reef system.
Syncrude to tame natural gas costs in production
After reining in construction costs, Syncrude Canada vowed Monday to take control of another runaway expense — natural gas.
