Ecuador’s army tackles protesters
Ecuador’s army has stepped up efforts to quell protests which have crippled production in the oil-rich Amazonian region of the country.
Oil
OPEC Reveal Global Light Sweet Crude Peaked
The key point is that non-OPEC light sweet crude went from 41% of 66 mb/d to 34% of 70 mb/d from 2000 to 2004, a drop of 3.26 mb/d. OPEC added 1 mb/d of light sweet crude over the same period resulting in a global reduction of light sweet crude of over 2mb/d showing that global light sweet crude has peaked and is now in decline.
Peak Oil Headlines – 19 August, 2005
World running out of time for oil alternatives / Peak Oil & Car Pools / When the Oil Pan’s Empty.. Bye-bye Conspicuous Consumption / Gas Tax Increases Revisited / Report prepares NZ for oil shortage emergencies / Kunstler Interview
Other Energy Headlines – 19 August, 2005
BTC Oil Enters Georgia / China to Build Offshore Wind Power Complex / Shortages Stifle a Boom Time for the Solar Industry / Zero-energy homes / Tar sand companies try balancing oil gains, environmental pains / The Onion on Alternative Fuels
Beijing under pressure to tackle oil shortages
Rising anger in China over spreading fuel shortages is increasing pressure on Beijing and the local oil majors to devise a new pricing policy to head off future crises over oil supplies to motorists.
Oil prices also affect oil costs
What those who see oil production just as a process limited by price, are NOT getting is that rigs and pipe and cement and energy are all costs that oil producers have to pay. And that additional cost is also reflected in the new higher prices for everything made with oil. As we look harder and harder for more oil, this demand drives prices for the equipment and materials we use through the roof.
Running on Empty: America’s Energy Security
As oil prices top $65 a barrel and Americans brace themselves for continued price hikes at the pump, leading energy experts and former high-level government officials discuss the nation’s precarious dependency on foreign oil in the face of ever-growing demand, terrorist threats and instability in the Middle East. (AUDIO and via radio stations)
Car-less days may be revived in New Zealand
If an assured supply of oil is cut off to the West, New Zealand could again face the prospect of car-less days. The option is raised in a consultant’s report for the Economic Development Ministry that looks at an oil crunch and how the country could cope.
Comment: New Zealand’s initial response to IEA emergency consumption reduction requirements. NZ regular gasoline is currently NZD$1.45/litre, equal to USD$3.87 per gallon.
$3 Gallon Gasoline? Time to Consider the Alternative: The Garage Filling Station (GFS)
With gasoline nearly $3 gallon, there needs to be a mainstream discussion of the alternatives.
Politics and Economics Headlines – 16 August, 2005
Rising gasoline prices? Terrific! Let’s raise them some more / Judge Bars New Coastal Oil Drilling / End the drilling delusion / What is the US Military Doing in Paraguay? / Thanks to BC Libs, Texans control our gas profits, and supply / BHP Billiton buys California’s best for LNG push / High gas prices fuel fear of financial hardship
Carless days not the solution to Peak Oil problem
“The Greens believe we need to have the mechanisms in place to deal with both a short-term emergency, such as this report envisions, and Peak Oil, where we are facing steadily rising prices over the long term and eventual shortages no matter what the price,” [Green Co-Leader] Ms Fitzsimons says.
Politics and Economics Headlines – 15 August, 2005
Indonesia’s pressures mount / Renewable energy is the key, says Kalam / Indian President seeks ‘Energy Independence’ / Taipei Times: Time to conserve energy / Chavez to Give Latin Countries Priority in Developing Heavy Oil / China Rationing Gasoline And Diesel Fuel / Gasoline stations jammed as fuel crisis deepens / China: Where has all the oil gone? IEA wonders
