Rising North Sea oil production was a significant factor in keeping oil prices under control in the 1970s, 80s and 90s. Production peaked at 6.4 million barrels per day in 2000 and since then, declining North Sea Oil production is one significant reason that oil [...]
One of the more interesting things about this Friday's economic news was the very obvious connection between the unemployment number and oil prices. What links the two is debt, the defining feature of what I have called the Anglo Disease, ie the highly unequal economy whereby the rich and [...]
Iran sees oil price at $150 per barrel by end-summer
TEHRAN (Reuters) - World crude prices are expected to reach $150 per barrel by the end of summer, Iran's representative to the Organisation of the Petroleum Exporting Countries (OPEC) was quoted as saying on Sunday."I forecast that by the [...]
Some readers have been reporting that they have not been able to access The Oil Drum since June 1. This may be related to our recent move to upgraded servers. For some reason, some ISPs are blocking access to the new IP address, 67.217.100.71. So far, we have determined that [...]
A good many years ago, I read George Soros' "The Alchemy of Finance", which introduced me to the concept of reflexivity, which in a nutshell is when observers of a phenomenon can't help but impact the phenomenon itself via their 'observing', thus changing the original underlying fundamentals and [...]
The outcome of a political stalemate in Congress will determine if renewable energy and energy efficiency tax credits will be extended or will expire at the end of this year. The vote on this bill will be as soon as tomorrow and as we are hearing, it actually is in [...]
Dmitry Orlov's new book, Reinventing Collapse: The Soviet Example and American Prospects, was published very recently. I pre-ordered a copy because Dmitry has had first hand experience with the collapse of the Soviet Union, and he believes, as I do, that economic collapse is likely to come first, if [...]
We have been terribly remiss here at The Oil Drum in letting you know about Chris Nelder's book Profit from the Peak: The End of Oil and the Greatest Investment Event of the Century. It features wonderful analysis and a well-written guide on how to muddle through the investing [...]
Ending dollar peg won't solve Gulf inflation - Paulson
ABU DHABI, June 1 (Reuters) - U.S. Treasury Secretary Henry Paulson said on Sunday leaders of Gulf oil producing states had told him that abandoning their currency pegs to the dollar will not solve their inflation problems.Paulson, two-thirds of the [...]
I think it might be safe to say that the peak oil movement has long had a mostly older male and perhaps somewhat, erm, geeky set of spokespeople - from James Howard Kunstler to Richard Heinberg to Matthew Simmons--in that they've all tried to convince people through logic, facts & [...]
Henry Blodget and Aaron Task. Well worth watching!! Here's a link to the article (from which this video comes, that links to TOD in the last sentence).
Under the fold, more videos from TOD's own Rembrandt Koppelaar, Matt Simmons, Bob Hirsch, [...]
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High fuel prices are wreaking havoc in Europe, some call for tax exemptions others go on strike. The structural constraints affecting oil supply are becoming to much to bear for Europeans, especially those more reliant on the automobile.
But before going out for a demonstration against who ever you [...] Posted: May 31, 2008, 10:00am EDT by Luis de SousaDrumBeat: May 31, 2008
Posted: May 31, 2008, 8:35am EDT by Gail the ActuaryOil and the future - the commuter shift to public transportCrikey has a series of articles on "oil, the future and you", with the first installment featuring Adam Grubb of Energy Bulletin (which has the full text for non-Crikey subscribers).
Posted: May 30, 2008, 6:30pm EDT by Big GavSo - do we have answers?“Alright!” says the Actress, “You’ve convinced me we have a problem with oil. So what’s the answer?” Well, actually I didn’t. Eloquent and persuasive though I might like to think that I am, what really convinced her was the price she had to pay to fill the gas tank in [...] Posted: May 30, 2008, 10:00am EDT by Heading OutWhat If Gas Cost $100 a Gallon?I am very fond of thought experiments. I like to ask "What If?" This can help me wrap my head around a problem. For instance, if I wonder how much land it would take for solar panels to produce enough electricity to supply the U.S., that's a thought experiment. [...] Posted: May 26, 2008, 8:00pm EDT by Robert RapierFuture Scenarios: Mapping the Cultural Implications of Peak Oil and Climate ChangePress Release from Eat The Suburbs: The Australian co-founder of the permaculture concept David Holmgren has today launched a new global scenario planning website, Future Scenarios: www.FutureScenarios.org.
Holmgren says his future scenarios will help both policy makers and activists come to terms [...] Posted: May 26, 2008, 7:00pm EDT by Phil HartDrumBeat: May 26, 2008Kunstler OpEd in the WaPo: "Wake Up, America. We're Driving Toward Disaster"
Posted: May 26, 2008, 8:52am EDT by Gail the ActuaryBiomimicry and Ocean Generated Energy: Are Humans Smarter Than Sea Sponges?
The project is due to [...] Posted: May 25, 2008, 6:30pm EDT by Big GavTOD Local Open Thread: What's your town doing about high gas prices?With gas prices across the country reaching $4/gallon--and peak oil starting to become a part of the meme--both forcing many to complain about and adapt to the impact of gas on their budgets, we'd like to hear about what's going on in your county, town, city or suburban/exurban subdivision. I found [...] Posted: May 25, 2008, 10:15am EDT by GlennWeekend Energy Listening: Ethanol's Energy Balance with Tad Patzek
For a bit of weekend energy listening, here's a conversation that I had with Tad Patzek (who should need no introduction around here), talking about ethanol's energy balance. This was recorded 2 years ago now, but it still remains quite timely today. You can listen to the mp3 [...]
Posted: May 25, 2008, 10:00am EDT by benkDrumBeat: May 25, 2008
Credit crisis was crude compared with this oil price surge
Where the banking meltdown has largely been confined to the paper-based hinterlands of structured debt products and banking writedowns, the ongoing surge in the oil price is very much a real-economy issue. Posted: May 25, 2008, 9:06am EDT by Gail the ActuaryPeak Oil Overview - March 2008 (Pdf and Powerpoint available)Ed note: This is a repost of Gail's Peak Oil Overview with a new comment thread and node. It originally ran Mar 2008. We appreciate you spreading this around to anyone who needs to learn more about this topic. Preliminary data regarding oil production through December 2007 is now available from [...] Posted: May 25, 2008, 8:00am EDT by Gail the ActuaryA Twelve-Step Plan to End Oil AddictionThis is a guest post from Tim Jones of the Sustainable Energy Forum in New Zealand. With the price of petrol hitting NZ$2 per litre, the Sustainable Energy Forum has proposed twelve steps for New Zealand to end its increasingly self-destructive addiction to oil. Our addiction to oil has been bad [...] Posted: May 24, 2008, 7:00pm EDT by Big GavDrumBeat: May 24, 2008StatoilHydro Shuts North Sea Platform After Oil Leak (Update2)
Posted: May 24, 2008, 8:52am EDT by Gail the ActuaryA quote from Obama in Oregon..."We can't eat as much as we want...and then expect other countries...to say OK"
Discuss. (AFP via Google via Drudge) Posted: May 18, 2008, 9:43pm EDT by Prof. GooseUS Natural Gas: The Role of Unconventional GasEnclosure: [download]US natural gas production has been flat for a number of years. We keep hearing that US production is expected to begin declining sometime in the next few years, but it doesn't seem to happen. While it is not obvious from most published data, the reason production remains level is [...] Posted: May 18, 2008, 10:00am EDT by Gail the ActuaryPOLL: Oil Breaks $127, Now What?In our last poll on 16 APR (and here's the old accompanying comment thread), 42% of you predicted that CL would hit $127 in the front month before it hit $103. Yep, we've passed it today, though we closed below it. Oil has risen from $115 to $127 [...] Posted: May 18, 2008, 9:59am EDT by Prof. GooseDrumBeat: May 18, 2008
Siberia, where Russians waited in long lines to buy food with ration cards not long ago, is the improbable epicenter of a huge mall boom. As retail businesses shrink in the United States, provincial Russian towns like this one have become targets [...] Posted: May 18, 2008, 9:35am EDT by LeananTechnology moves us forward and should be recognizedBack at the beginning of January I changed cars, and now drive a Camry Hybrid. It came with the usual displays for mpg, where the power was flowing and such, and for a month I played with looking at the different displays and then, as with most new toys, started [...] Posted: May 17, 2008, 10:00am EDT by Heading OutPOLL: CLM08 closed around $127 today..so, in the next 60 days, the front month price of CL will...Posted: May 17, 2008, 9:18am EDT by Prof. GooseDrumBeat: May 17, 2008Someday, family road trips may become completely unaffordable. People who study the oil industry say that classic summer road trips could be going the way of the extinct Ford Edsel. Posted: May 17, 2008, 9:17am EDT by LeananBiofuels and the Rise of Nationalistic Environmentalism
(Type a title for your page here)
This is a guest post by Alexis Ziegler. Alexis is a communitarian, builder, orchardist and environmental activist living in central Virginia. He is the author of a recently published book, Culture Change: Civil Liberty, Peak Oil, and the End of Empire. More information can [...] Posted: May 16, 2008, 10:00am EDT by Prof. GooseDrumBeat: May 16, 2008
I use the phrase “Crunch Time” to denote the period after Peak Oil during which oil prices are so high due to production shortfalls that the normal functioning of economic activity is curtailed. Not only are the poor - and eventually the [...] Posted: May 16, 2008, 9:13am EDT by LeananAustralia: What to do, what to do about our energy situation?
Introduction
In my last post I suggested that over the next 5 years Australia’s ability to import oil will be severely constrained. We won’t be able to just switch suppliers, because that is what everybody will be trying to do – we need smarter solutions and they need to start [...] Posted: May 15, 2008, 7:00pm EDT by aeldricRising Energy Costs and the Future of Hospital WorkThis is a talk given by Dan Bednarz to a group of nurses. The talk was given at the House of Delegates Meeting of the Pennsylvania Association of Staff Nurses & Allied Professionals (Pasnap) in Harrisburg, Pennsylvania on April 29, 2008. Dan is a healthcare consultant who tries to get [...] Posted: May 10, 2008, 10:00am EDT by Gail the ActuaryDrumBeat: May 10, 2008
DENVER — With the price of gas approaching $4 a gallon, more commuters are abandoning their cars and taking the train or bus instead. Posted: May 10, 2008, 9:25am EDT by LeananPeak Oil Media: Food v. (Bio)fuel, Fast Money saying "It's Supply, Stupid" and Cramer on Ending the Ethanol Mandate
Thanks to TOD reader Tim R. for pointing out this piece on the food v. fuel problem in the Seattle PI yesterday. One takeaway message (but is it a valid one?) is contained in this chart from a group at The University of Washington (click to enlarge):
Posted: May 09, 2008, 10:00am EDT by Prof. GooseDrumBeat: May 9, 2008What does it mean that crude oil is peaking? Essentially it means that the world has used half the oil available to extract and will enter a permanent decline, even as world energy demand is rising, with new economic powerhouses China and India growing [...] Posted: May 09, 2008, 9:12am EDT by LeananThe ASPO-Italy conference in Torino
[break] The second national conference of the Italian section of [...] Posted: May 09, 2008, 1:45am EDT by Ugo BardiA protein possibility for the "oil we eat:" the in-vitro meat beast!
While PETA's aim here seems to be to be to publicise [...] Posted: May 08, 2008, 7:00pm EDT by Big GavSaudi Arabia's Ghawar Isn't Sinking (but has apparently moved)
Analysts Neil McMahon and Ben Dell from Bernstein Research are back with more analysis. When we last heard from them, they were looking for Haradh in all the wrong places and reporting on the widespread dismantling and bulldozing of oil wells in Ghawar, the super giant oil field [...]
Posted: May 08, 2008, 10:00am EDT by JoulesBurnDrumBeat: May 8, 2008
NEW YORK - Gasoline and crude oil jumped to new records Thursday, with gas rising 3 cents to an average national price of nearly $3.65 a gallon and oil crossing $124 a barrel for the first time. Posted: May 08, 2008, 9:13am EDT by LeananCountdown to $200 oil (3) - no gas tax needed...erm, right...This story is part of my new Countdown to $200 oil series, which is the successor of my earlier, and now terminated by reality, Countdown to $100 Oil series. As in previous years, I got my ass whipped in my latest attempt to suggest on Daily Kos that gas [...] Posted: May 08, 2008, 8:59am EDT by Jerome a ParisUpdate on S. 2821 and Bartlett's Similar House Legislation (no H.R. number yet as I can tell)Just an update: http://bartlett.house.gov/News/DocumentSingle.aspx?DocumentID=90703
Posted: May 07, 2008, 8:54pm EDT by Prof. GooseThe U. S. Electric Grid: Will It Be Our Undoing?Quite a few people believe that if there is a decline in oil production, we can make up much of the difference by increasing our use of electricity--more nuclear, wind, solar voltaic, geothermal or even coal. The problem with this model is that it assumes that our electric grid will [...] Posted: May 07, 2008, 10:00am EDT by Gail the ActuaryDrumBeat: May 7, 2008
NEW YORK (Reuters) - Oil prices rose 1.4 percent on Wednesday, extending further into record territory amid intensifying worries over tight world supplies of diesel fuel. Posted: May 07, 2008, 9:08am EDT by LeananCoal To Liquids In AustraliaEnergy Minister Martin Ferguson has been talking about gas to liquids (a subject covered here previously) as part of a strategy to address Australia's dependence on imported fuels. The minister has also previously expressed enthusiasm about coal to liquids projects (declaring at a recent [...] Posted: April 13, 2008, 10:22am EDT by Big GavDrumBeat: April 13, 2008
Let’s begin with a silly bet sent out by ASPO (Association for the Study of Peak Oil) to CERA (Cambridge Energy Research Associates, part of IHS). It wasn’t bad marketing: I suspect that some magazine(s) will publish [...] Posted: April 13, 2008, 9:15am EDT by LeananRFK and Garbage Trucks: Two Measures of Success
Vincent V. in NYC writes: Garbage trucks are a major source of urban air pollution. One truck pollutes about as much as 350 cars. NYC has been moving to switch utility vehicles to hybrid tech (w/city buses & taxis), but not with garbage trucks.
There was a PR event yesterday at [...] Posted: April 12, 2008, 11:38am EDT by Prof. GooseDrumBeat: April 12, 2008
PRINCETON, N.J. (MarketWatch) -- Owning a car is more expensive than ever. Record prices at the pump for gasoline -- and its main ingredient crude oil -- will lift the cost of driving [...] Posted: April 12, 2008, 8:00am EDT by LeananThe Record Falls - January 2008 is the New World Record for Crude Oil (plus Condensate) ProductionThe EIA’s newest International Petroleum Monthly shows World C+C production for January was 74,466,000 barrels per day, eclipsing the heretofore peak of May 2005 by 168,000 barrels per day. (thanks to Ron Patterson for the heads up and to Khebab for the quick graphics).  [...]
Posted: April 11, 2008, 9:44am EDT by Nate HagensDrumBeat: April 11, 2008
As gas prices heads for a possible $4 a gallon in the U.S. this summer, it's tempting to blame Big Oil — as many in Congress did last week — for its bloated profits greased by generous tax breaks. But the players in the [...] Posted: April 11, 2008, 9:10am EDT by LeananNational Liquid Fuels Vulnerability AssessmentThere's good news and bad news contained in Martin Ferguson's keynote address at the "Energy State of the Nation 2008" conference held in Sydney on 18th March, organised by the Australia Energy Alliance.
[break] The good news is that HON Martin Ferguson (Federal Minister for Resources, Energy and Tourism) [...] Posted: April 10, 2008, 7:15pm EDT by Phil HartConverging Environmental Crises Teach-InThe Ohio State University Department of Public Health is sponsoring a web-based teach-in today, which they would like TOD readers to help publicize.
It's free!! Gail's talk is [...] Posted: April 10, 2008, 12:00pm EDT by Prof. GooseCracking shale and why horizontal wells are slickThis past week, courtesy of Leanan and Gail it seems that there have been more than the usual number of stories on natural gas developments and the potentials of formations such as the Utica shale, the Haynesville shale, and the Marcellus shale. [...] Posted: April 10, 2008, 10:00am EDT by Heading OutDrumBeat: April 10, 2008
Pressured by extraordinary jet fuel prices, Delta and Northwest airlines want to announce a merger deal as soon as next week, according to two sources briefed on the airlines' plans. Posted: April 10, 2008, 9:23am EDT by LeananDrumBeat: April 5, 2008
NEW YORK (CNNMoney.com) -- Sammy Hagar's protest ballad for speeders would need a 10-mile-per-hour update if a trucking group gets its way. Posted: April 05, 2008, 9:31am EDT by LeananBumpy Crude Oil Plateau in the Rear View MirrorWhich countries are increasing in oil production? Which are decreasing? How is this changing? Can we expect that the increasing ones will continue to increase in 2008? Does the megaprojects data give any insight into the future increases of growing countries? These are some of the questions that Matt [...] Posted: April 04, 2008, 6:10pm EDT by Gail the ActuaryDrumBeat: April 4, 2008
WASHINGTON (Reuters) - The Bush administration says it favors "environmentally friendly" energy development, but that policy is under attack in a Mississippi town where residents worry a planned emergency oil reserve may drain a river, destroy wetlands and harm Gulf of [...] Posted: April 04, 2008, 6:09pm EDT by LeananEROI Post - A Response from Charlie HallOn Tuesday we ran Part 1 of a 5 part series of EROI posts by Professor Charles Hall and his energy students. Professor Hall (to my surprise) read through all theoildrum comments and sent me an email with his responses and some summary comments, which I have posted below. Posted: April 04, 2008, 6:08pm EDT by Nate HagensContinuing the Nuclear Debate
We have run several articles recently on nuclear power and without fail they have stimulated enthusiastic debate. This is an opportunity to continue that debate. To start us off we have three guest contributions:
Bill Hannahan - We have yet to design the Model T of [...] Posted: April 03, 2008, 10:35pm EDT by Chris VernonDrumBeat: April 3, 2008
HOUSTON — ConocoPhillips warned Thursday that higher crude prices significantly squeezed refining margins in the first quarter. Posted: April 03, 2008, 9:12am EDT by LeananConcentrating On The Important Things - Solar Thermal PowerWhile we spend a lot of time talking about traditional energy sources based on depleting resources that are extracted from the ground, I think its important to remember that the fastest growing sources of energy are solar and wind, and that these will never run out. [...] Posted: April 02, 2008, 6:00pm EDT by Big GavShort-term supplies of natural gasI had thought that the short thread that has run through my last few posts – relating to the imminence of a fuels crisis, and the lack of political perception of the problem, had run out. And then I read the piece from Salon that threadbot had [...] Posted: April 02, 2008, 10:00am EDT by Heading OutDrumBeat: April 2, 2008
WASHINGTON (AP) -- Think you're being gouged by Big Oil? U.S. troops in Iraq are paying almost as much as Americans back home, despite burning fuel at staggering rates in a war to stabilize a [...] Posted: April 02, 2008, 9:15am EDT by LeananWhy EROI Matters (Part 1 of 5)This is the first of a five part series of guest posts by Professor Charles Hall of the SUNY College of Environmental Science and Forestry and his students and collaborative researchers. Professor Hall previously posted on TOD, "At $100 Oil, What Can the Scientist Say to the [...] Posted: April 01, 2008, 11:04am EDT by Nate HagensA Sustainable Futures Fund for a Fuel and Climate EmergencyThis is a guest post by Garry Glazebrook, who is an urban transport consultant and urban planning lecturer at the University of Technology, Sydney. The Sustainable Futures Fund is described in the Australian context, but with our population of 21 million and a local currency approaching 1:1 with the US [...] Posted: March 07, 2008, 8:00pm EST by Phil HartThe Next Agriculture?
This is a guest post by John Michael Greer, who blogs at The Archdruid Report. John is the Grand Archdruid of the Ancient Order of Druids in America (AODA) and has been active in the alternative spirituality movement for more than 25 years, and is the author of a [...]
Posted: March 07, 2008, 10:00am EST by Prof. GooseDrumBeat: March 7, 2008
NEW YORK (MarketWatch) -- With $100-a-barrel here for now, Goldman Sachs says $200 a barrel could be a reality in the not-too-distant future in the case of a "major disruption." Posted: March 07, 2008, 8:45am EST by LeananThe Disconnect Between Oil Reserves and ProductionThis post includes some ideas of Matt Mushalik, plus some of my analysis. Matt is a retired civil engineer and regional planner from Sydney, Australia. If a person looks at published oil reserves, it is easy to get the idea that there are huge amounts of oil left to be extracted. [...] Posted: March 06, 2008, 10:00am EST by Gail the ActuaryDrumBeat: March 6, 2008
In Paris, March 2, 2008, Ali al-Naimi, oil minister for the world's largest crude producer, Saudi Arabia, and one of the oil industry's most influential figures, has been discussing Peak Oil. He has stated that Saudi Arabia, which already has [...] Posted: March 06, 2008, 8:39am EST by LeananComment Thread for the Poll is here...Oil Rises Above $104 to Record on OPEC Output, Venezuela Tanks. This is the comment thread for the poll, which is in the next post below. (Sorry, there's some glitch that I can't figure out to put them in the same thread.) Posted: March 05, 2008, 7:26pm EST by Prof. GooseCLJ08 closed above $104 today...in the next 60 days, the front month price of CL will...Posted: March 05, 2008, 6:54pm EST by Prof. GooseBook Review: Gusher of Lies
I have been a fan of Robert Bryce’s writing for a long time. His style is witty and entertaining, and he is a debunker-extraordinaire. His newest book, Gusher of Lies: The Dangerous Delusions of Energy Independence Posted: March 05, 2008, 10:00am EST by Robert RapierUSA Grain Exports - Where to, how much?This post looks at the role the USA plays in global grain (wheat, corn, sorghum) and soybean (soya bean) trade, since the USA is to a large extent the world's breadbasket and there are concerns over this role in the light of the current corn-to-ethanol expansion. The article begins by [...] Posted: March 05, 2008, 9:59am EST by Doug LowOlduvai revisited 2008 Forecast for Conventional Fossil Fuels per Capita. Sources: UN for Population model, Jean Laherrère [pdf!] for Natural Gas, Energy Watch Group for Coal and The Oil Drum - Khebab for Oil. Click for large version. [break] Foreword My first post at TOD was [...] Posted: February 28, 2008, 10:15am EST by Luís de SousaDrumBeat: February 28, 2008
"All the crude oil available is being vacuumed up by investors, in part because interest rates are low and there's no alternative to commodities that looks very good," said Tim Evans, an energy analyst at Citigroup Global [...] Posted: February 28, 2008, 8:39am EST by LeananNorth American Natural Gas Production and EROI Decline(Editors Note: This is a guest post by TOD reader Jon Friese. Jon is a software engineer living in Minneapolis and a volunteer with the Twin Cities Energy Transition working group, seeking a path to a low carbon future. Under his own initiative Jon tracked down literature on EROI methodology, [...] Posted: February 27, 2008, 8:40pm EST by Nate HagensThis Week in Petroleum 2-27-08I haven't reported on inventories in about a month, because there really weren't any developments that merited a report. While crude, distillate, and propane inventory levels have been typical for this time of year, the gasoline situation is worth a note. It sort of crept up on me, but last week [...] Posted: February 27, 2008, 9:38am EST by Robert RapierDrumBeat: February 27, 2008
Posted: February 27, 2008, 8:39am EST by LeananTermite PowerWhen I was in graduate school at Texas A&M in the early 90's, I selected chemical engineering Professor Mark Holtzapple as my research advisor. His work was exactly in my area of interest: Biofuels from cellulose. Even then, I was very concerned about the unsustainable lifestyle we were living, [...] Posted: February 26, 2008, 8:28pm EST by Robert RapierThe Cogeneration StopgapThe prospect of going through a cold winter with inadequate heat is a real one. More and more Americans are putting their winter heating fuel on credit, increasing their level of debt and the burden of servicing it. This cannot continue indefinitely. When the ARM resets or the credit [...] Posted: February 26, 2008, 10:00am EST by Engineer-PoetFire and Rain: The Consequences of Changing Climate on Rainfall, Wildfire and AgricultureThe following is a guest post by TOD reader Doug Fir. 'Doug' graduated in the 70's with a BS and a MS in Fisheries, Forestry, and Agriculture. Presently, he and his family work a small hay, timber and livestock operation. The policies impacting climate change legislation are linked in complicated [...] Posted: February 21, 2008, 10:00am EST by Nate HagensDrumBeat: February 21, 2008
If you want a longer benchmark to keep an eye on, look at "The Coming Triple-Digit Oil Prices" (.pdf) by petroleum economist Philip Verleger, published last fall in the International Economy magazine. Writing during the summer, when oil was in [...] Posted: February 21, 2008, 8:55am EST by LeananOil Price Closes Above $100 a Barrel - New Peak Oil Press ReleaseThis is another press release about $100 barrel oil. It is fairly similar to the one we sent out in January when oil hit an intraday high of $100 barrel. Feel free to send copies of it to folks you know, and to link to it in your web [...] Posted: February 20, 2008, 12:00pm EST by Gail the ActuaryKhosla and I Finally See Eye to EyeSome people think I am anti-ethanol. That is an oversimplification, and a misrepresentation of my position. I have nothing against ethanol as a fuel. It isn't as good a fuel as butanol, but then again we can't make butanol as efficiently as we make ethanol. My objection is that I [...] Posted: February 20, 2008, 10:00am EST by Robert RapierDrumBeat: February 20, 2008
NEW YORK, Feb 20 (Reuters) - Oil vaulted to a record over $101 a barrel on Wednesday as OPEC supply concerns and hedge fund buying countered worries about the U.S. economy. Posted: February 20, 2008, 8:45am EST by LeananWe Won't Stop Global WarmingI made the following comment recently in a discussion on Global Warming:
Posted: February 19, 2008, 10:00am EST by Robert RapierDrumBeat: February 19, 2008
NEW YORK (AP) -- Oil prices hit new record highs Tuesday as a Texas refinery fire and fears of an OPEC production cut pushed crude to settle at over $100 a barrel for the first time ever. Posted: February 19, 2008, 8:40am EST by LeananPeak Oil, IHS Data and The Broken ClockWe have been writing for almost 3 years on this site about the privatization of energy data by IHS Energy and the negative impact the lack of accuracy that CERAs historically optimistic claims are having on energy policy. The rebuttals and counteranalysis at TOD to CERAs assertions are too [...] Posted: February 13, 2008, 7:55pm EST by Nate HagensThe Politics of BiofuelsIn response to a recent query from an independent student newspaper in the UK, I wrote up an editorial piece on the politics of biofuels. That essay is reproduced below the fold. (The original can be found here.) One of the intentions was to point out for European readers why [...] Posted: February 13, 2008, 10:00am EST by Robert RapierDrumBeat: February 13, 2008
WASHINGTON - Secretary of State Condoleezza Rice said Wednesday she will appoint a special envoy for energy issues to deal with the use of oil and gas for political means, particularly in Central Asia. Posted: February 13, 2008, 8:45am EST by LeananPeak Oil and "The Limits to Growth": two parallel stories
Posted: February 13, 2008, 2:00am EST by Ugo BardiStoring Energy Using GraphiteThe Canberra Times recently published an article, rather misleadingly entitled "Generating solar energy in the dark", which looked at the use of purified graphite for thermal energy storage. The company developing the technology is called Lloyd Energy Systems, and they are prototyping solar energy storage, a wind-to-heat plant and [...] Posted: February 12, 2008, 7:00pm EST by Big GavVenezuela Halts Oil Sales to Exxon Mobilhttp://biz.yahoo.com/ap/080212/venezuela_us_oil.html?.v=9
Posted: February 12, 2008, 6:55pm EST by Prof. GooseDriving a Taxi is getting to be tougherIt is a beautiful day outside, one of the crisp days of Winter where it becomes a pleasant chore to restock the wood pile near the house. Soon we will begin to tidy up the yard, and Spring will be here and plans are already made for trips and travel [...] Posted: February 12, 2008, 10:00am EST by Heading OutGround Source Heat PumpsLast week found me at the top table at a conference, having just given one of my “we’re doomed” talks on energy supply to the assembled group. As the conversation flowed around the table, the topic turned to reducing the size of electricity bills that have become a visible marker [...] Posted: February 07, 2008, 10:00am EST by Heading Out |
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