Insight and inspiration in turbulent times.
Sharp increases in short-term natural gas prices have prompted some to call for more drilling on public lands and fewer environmental safeguards on gas exploration and use. This January 2004 NRDC analysis confirms emphatically what U.S. Secretary of Energy Spencer Abraham has already acknowledged: the fastest, cheapest and cleanest forms of relief from these increases come from more efficient use of natural gas.
Chinese Vice Premier Zeng Peiyan said here Monday that China and the United States share broad prospects of cooperation in the field of energy.
NEW ZEALAND – As this country continues hurtling towards the serious gas supply shortages predicted for 2005-06, commentators are hoping and praying for a less fractious and fragmented year than 2003.
Royal Dutch/Shell Group’s overstatement of its proven reserves of oil and natural gas by 20 percent may be enough to prompt an inquiry by the U.S. Securities and Exchange Commission, an SEC spokesman said.
“The US have only very recently become open about their energy requirements, and some say it’s as big a crisis, or potential crisis, as during the oil shocks,” says Australian Industry Minister, Ian Macfarlane.
The surplus on trade in oil fell to just £202 billion from £235m in October.
Here we have former US Treasury Secretary Paul O’Neill disclosing that George Bush came into office planning to overthrow Saddam Hussein, and MSNBC polls its audience with the question, Did O’Neill Betray Bush?
Energy crisis threatens ‘world’s factory’
North Sea oil, the precious resource that has contributed hundreds of billions of pounds to the UK economy, is slowly slipping into history — so should Britain panic?
US – When natural gas prices spike, coal begins to sparkle. Back in 1990, amendments to the Clean Air Act passed, and many environmentalists breathed easier. Toxic emissions would be drastically cut, and as a consequence, electric utilities began to increasingly rely on natural gas because of its low cost and emissions. Coal’s foes began numbering coal’s days
Royal Dutch/Shell Group’s disclosure that it overstated its proven reserves by 20 per cent rattled energy investors and is raising questions about whether the oil industry as a whole has inflated its prospects.
DEADHORSE, Alaska . Harry Bader slogged across a patch of America’s only Arctic shore, leaning into a late December gale that filled the midday twilight with blowing snow and sent the wind chill to 40 below.
Despite the weather, Mr. Bader, the state’s land manager for the oil-rich North Slope, was consumed with one thing – the warming climate. Oil-prospecting convoys in search of new deposits are allowed to crisscross the fragile tundra only when it is snowy and solid. But over three decades, rising temperatures have cut this frozen season in half, to 100 days from 200.
