Posted December 21, 2006
Business Weeks claim that exotic offshore production from fields like Jack will tip the balance of supply and demand in the long term is a reprehensible speculation, just another verse in the swan song about cheap oil and endless economic expansion.
Posted December 20, 2006
Six-party talks regarding North Korea's nuclear program have resumed in Beijing this week. This renewed diplomatic dance spotlights a host of dilemmas involving energy, capital and power.
Posted December 19, 2006
The holidays arent shining too brightly in Indonesia this year as the country staggers along amid an energy crisis. Fact is, the situation is downright alarming.
Posted December 18, 2006
As Americans, weve always liked our history to be simple, easy and tidy. In our lessons there have always been the good guys (us) and the bad guys (them), and there was never really any trouble telling the two apart. That is the reason why our history classes never had to vary much from historical dates, famous figures, epic struggles and lines on maps.
Posted December 15, 2006
For the first time in over two decades, the Organization of Petroleum Exporting Countries (OPEC), which already produces over a third of the world's oil supply, extended its influence by admitting a new member, Angola, into the oil cartel.
Posted December 14, 2006
A 30% federal tax credit, combined with a typical 30% rebate (like they have in California), sweetened with special depreciation, means that a business can go solar for less than forty cents on the dollar!
Posted December 13, 2006
He's a former spy and judo master. No wonder Russian President Vladimir Putin and his Kremlin cadres are extremely adept at gaining leverage. The most recent grapple involves Royal Dutch Shell and its controlling stake in the Sakhalin-2 natural gas project in Russia's Far East.
Posted December 12, 2006
According to the latest quarterly review from the Bank for International Settlements (BIS), oil-producing countries have reduced their U.S. dollar exposure to the lowest level in two years. Crude exporters are reportedly shifting oil income into euros, yen, and sterling as a hedge against a continuing tumble in the USD. This shift from petrodollar to petroeuro will have a catastrophic effect on the American economy.
Posted December 11, 2006
When James A. Baker III and his bipartisan crew of serious people rode into Washington last week with their glossy report, they were received by the press and the Democratic Party as conquering heroes. But as warmly as this group of mostly has-beens had been received, when the dust finally settled it was obvious that it was all nothing more than your typical Washington dog and pony showall bright lights and blather but no meat.
Posted December 8, 2006
As we all know, the warning signals we have received about energy, food, species extinction and global warming are just the most prominent issues.
Posted December 7, 2006
Based on both their technological and economies of scale advantages, Ethanex and Alternative Energy Sources are two companies that many in the industry are predicting to be the new ethanol darlings of Wall Street in 2007.
Posted December 6, 2006
As the world searches high and low for new hydrocarbon resources, long-underappreciated African oil is getting its day in the sun. Diverse geological factors spell promise for countries in far-flung parts of the continent, but there are common worries that could obscure the rosy horizon for newly prosperous nations.
Posted December 5, 2006
Petróleos Mexicanos (PEMEX), Mexico's state-owned oil company, is the world's fourth largest oil producer. But because of refining constraints and declining production from Cantarell, PEMEX is now unable to keep up with Mexico's growing gasoline demand. This will force the soccer-loving country to continue increasing gasoline imports. and may spell trouble for the U.S.
Posted December 1, 2006
While the rest of the developed world is scouring the globe chasing the fossil fuel football, India is on a chase of its own, far from those muddy playing fields. Its not peak oil that has India in its grip, but peak uranium. And to the growing nation it is no less important.
Posted December 1, 2006
Truly a real-life case of revenge of the nerds, this truck has enough technology to make any pocket-protecting geek smile as wide as his dickies-wearing, steel-toed, diesel-guzzlin brethren.