Q&A: The Future Of Energy
Newsweek Middle East regional editor Christopher Dickey and Forbes.Com editor Paul Maidment respond to queries from Forbes readers about the future of energy.
Natural Gas
U.S. Natural Gas Proved Reserves Up in 2003, But Crude Oil Proved Reserves Decline
Proved reserves of natural gas increased for the fifth year in a row, according to “Advance Summary: U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Reserves 2003 Annual Report” released today by the Energy Information Administration. U.S. natural gas reserves increased by 1 percent in 2003.
US: Farm Bureau sounds alarm on natural gas
Testifying before a House Small Business subcommittee on behalf of the American Farm Bureau Federation, Missouri farmer Hal Swaney said increased energy costs over the 2003 through 2004 growing season have cost farmers more than $6 billion in added expenses to produce the food and fiber for this country.
Lloyd’s executive likens LNG attack to nuclear explosion
A terrorist attack on an LNG tanker “would have the force of a small nuclear explosion,” according to the chairman of Lloyd’s, a British insurer of natural gas port facilities like the ones being proposed in Fall River and Providence.
High oil prices expected to be the norm
The world of crude has flipped upside down, with high prices becoming the norm, says the president of Devon Energy Corp., the largest U.S. oil and gas independent.
Earth’s mantle can generate methane
Untapped fossil-fuel reserves could be hidden deep within our planet.
Australia, Mexico to sign energy pact in November
Australia and Mexico will forge an energy co-operation agreement in November, the energy minister of Australia, which wants to sell more coal and gas to the Latin American country, said yesterday.
Author Predicts Energy Crisis
Julian Darley, the founder of a Vancouver-based energy think tank has claimed that North America is on the verge of “a full-blown natural-gas crisis”.
Should drilling be allowed along Rocky Mtn. Front?
“A book would need to be written in order to fully explain and diagram the on-going discussions and controversy that surrounds the prospect of drilling on the Rocky Mountain Front in Montana.”
Energy efficiency comes at cost
Energy giant Exxon Mobil Corporation said while energy companies continued to work on reducing greenhouse gas emissions, there were some big challenges in bringing clean energy products onto the market.
Outspoken oil expert challenges common ideas
“The odd thing about oil prices in the last 20 years was how unbelievably low they were, as opposed to how odd it is that oil prices are at the level they are today.”
Law firm coffers fuelled by UK’s switch to liquefied natural gas
Consumers may be up in arms, but a host of law firms are reaping the benefits of the UK’s dwindling gas supplies as preparations hot up for the country’s first liquefied natural gas (LNG) import terminals.
