Natural Gas

The squeeze is on

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“I’d rather you didn’t mention the company by name. In fact, better not mention my name, either, because the story is a disaster. We don’t want (the information) out yet.”

From an officer in a small oilsands company – call him Don Fischer, – that comment sums things up for many juniors. Fischer argues, however, that the recent meltdown in global financial markets is only the killer blow in a credit squeeze within Canada’s petroleum sector that has been developing for three years.

Budapest “Nabucco Summit” to turn pipedream into reality

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With U.S. and EU participation, a vital meeting in the Hungarian capital next January will seal commitments for the long-contemplated Turkey-Bulgaria-Romania-Hungary-Austria (Nabucco) gas pipeline. Opposition from Russia’s mighty Gazprom, uncertainty surrounding relations with Iran, and the roiling world economic turmoil cast doubt on the project’s future.

Book Review: Preparing for Peak Oil: local authorities and the energy crisis

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The whole question of how to communicate peak oil to local government, and how to support and encourage their creative and rapid responses to it, is huge and very timely. Preparing for Peak Oil is an excellent guidebook for anyone who wants to bring their local authority up to speed on energy depletion and climate change issues. It is clear, well presented, and achieves an excellent balance between presenting the hard facts about peak oil alongside some positive and inspiring examples of change, as well as some clear and well thought through thinking tools.

Michigan hosts state-focused peak oil conference

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Michigan’s third peak oil conference of 2008 focuses on the specific challenges and solutions for Michigan and features 45 speakers including Richard Heinberg, Albert Bates, Michael Brownlee, Ellen Hodgeson Brown, Richard Gilbert, Stephanie Mills, Kurt Cobb, and Aaron Wissner. The event is schedule for the November 14 weekend.