Author: U.S. faces a reality check over oil
Gasoline at $2 a gallon may be just a pleasant memory in a few years as energy prices continue to surge, warns author Paul Roberts.
Gasoline at $2 a gallon may be just a pleasant memory in a few years as energy prices continue to surge, warns author Paul Roberts.
For a variety of reasons, we expect fossil fuels to provide about 80 percent of the energy used in 2020, and to increase — and I emphasize increase — in absolute magnitude by about 65 million oil equivalent barrels per day. Just how much is 65 million barrels per day? Well, it is close to eight times Saudi Arabia’s current crude oil production.
A company has begun studying the feasibility of a plant that would convert coal into diesel fuel.
It would be the first plant of its kind in the United States.
WASHINGTON — Hoping to capitalize on public ire over record-high gasoline prices, advocates of opening the Arctic National Wildlife Refuge for oil exploration predict the House next week will authorize drilling there.
FALL RIVER — After weeks of using signs, handouts and word of mouth to voice its opposition to the plan to bring a liquefied natural gas facility to the city, the Coalition for the Responsible Siting of LNG Facilities will soon begin spreading its message through television commercials.
After several failed efforts to unseat Venezuela’s popular President Hugo Chavez, the fuel sector of corporate America is getting nervous. Venezuela is growing in prosperity, relying on its own mineral resources and technological patents to build new wealth. Chavez is exactly the kind of indigenous national leader whom American power can’t tolerate.
The problem is easy to describe, but its consequences are fearsome and its solution daunting. The Age of Oil is coming to an end, and the future is precarious. So say two very different new books.
Filmed on 27th May 2004 after The APSO 2004 Conference, in this Global Public Media Exclusive Interview, Colin Campbell speaks with Julian Darley in Berlin on The ASPO 2004 Conference, the Rimini Protocol, Shell and Saudi Arabia, and Iraq.
Consultants tell oil group its policies have fed mounting strife in Nigeria, which is home to 10% of its output
Iraq’s interim Prime Minister Ayad Allawi said those who attack the country’s power grid and oil pipelines are “traitors” and “not freedom fighters,” and he called on Iraqis to defeat the saboteurs.
World oil demand this year will rise the most since 1980 as economic growth leads to higher-than-expected use in Brazil, India, China and the U.S., the International Energy Agency said.
Over the past several years, Bush and his foreign policy team have done something almost no one expected when they took office – they have made Africa a priority. It would be an uplifting story, the fulfillment of countless bleeding-heart dreams, except for one thing. Africa is a Bush priority for one reason: oil.