Peak Oil News

 

  Login or Register

 
Menu
 News
 Search
 Topics
 Stories Archive
 Submit News
 Discussions
 Code of Conduct
 Forums
 Forums Search
 Last 24 Hours
 PO 24hrs
 Peak Blog
 Resources
 About Us
 Downloads
 Web Links
 PeakWiki
 PeakPortal
 Focus Search
 Peak TV
 Peak Oil Boston
 Members
 Your Account
 Members List
 Ignore List
 JOIN!
 Private Messages
 
google
 
PeakSpeak
NICKNAME

Download TeamSpeak
What is PeakSpeak?
Peak Oil on IRC
 
Photo Album
Submit Photo
Peakoil.com is You!


member photos
 
Light Sweet Crude Oil
 
Member Quotes
If "it's bunker time" why the fark do you care about the price of gold? You evolved some enzyme that lets you digest the stuff?

Narz

Suggest Quote

 
aspo08
 
ICM
Cisco & Net App Training
 
a community peak oil portal


The midpoint of global
hydrocarbon production

read more


Join!

Register to see the full forums and post comments or questions.

Click Here to Join!


Nuclear Power Back on German Political Agenda
Hydrocarbon AlternativesThe industry is growing globally and other European nations including Britain and Finland are reviving nuclear. But Germany -- where about half the power comes from coal -- has so far stuck to a 2001 law to phase out nuclear reactors by 2021.

The ground is shifting, however: oil prices which have risen fivefold since 2001, fears about energy supply security and the need to curb carbon dioxide emissions have boosted support for nuclear in Europe's biggest energy-consuming state.

Posted by waegari on Wednesday, October 08 @ 00:35:45 PDT (54 reads)
(Read More... | 1136 bytes more | comments? | Score: 0)
U.S. to limit oil development in polar bear habitat
Enviromental Headlines; Climate ChangeThe U.S. Interior Department will designate within two years protected areas of the Arctic that are considered critical habitat for polar bears and cannot be harmed by oil development as part of a legal settlement with environmental groups on Monday.

The Interior Department formally listed polar bears as threatened in May, but did not create protected areas for them.

Posted by waegari on Wednesday, October 08 @ 00:32:18 PDT (46 reads)
(Read More... | 1024 bytes more | comments? | Score: 0)
India sees solar energy as an option to reduce the energy crisis
Hydrocarbon AlternativesAccording to the United Nations Human Development report, India suffers a huge power deficit with over 400 million of its billion-plus people having no access to electricity.

Considering this, the scientists believe that government should concentrate on tapping the conventional sources of energy like wind and solar energy to meet the country's immediate energy requirements.

Posted by waegari on Wednesday, October 08 @ 00:30:37 PDT (47 reads)
(Read More... | 1323 bytes more | comments? | Score: 0)
Sell-off continues in solar sector
Hydrocarbon AlternativesThe rising cost of debt and potentially less generous subsidies in Europe exacerbated what had been part of a broader Wall Street sell-off for the solar sector Tuesday.

Goldman Sachs Global Investment Research said it was moving to a more cautious outlook on the sector.

Posted by waegari on Wednesday, October 08 @ 00:27:46 PDT (52 reads)
(Read More... | 763 bytes more | comments? | Score: 0)
Russia to delay construction of proposed gas pipeline to China
Business News; Market ResearchRussia will delay the construction of proposed gas pipeline to China due to competition from other gas sources in the Chinese market, the official Xinhua News Agency reported, citing Russian media.

The Altai gas pipeline project, designed to ship 30 bln cubic meters of natural gas per year from western Siberia to China, was excluded from Russia's recently released blueprint for gas industry development through 2030, the agency said.

Posted by waegari on Wednesday, October 08 @ 00:24:19 PDT (50 reads)
(Read More... | 931 bytes more | comments? | Score: 0)
Tata at a fork in the road
Business News; Market ResearchOn October 3, India's Tata Group officially pulled out its $340 million "world's least expensive car ever made" Nano project from West Bengal state in eastern India, a troubled decision that industry body the Associated Chambers of Commerce and Industry of India described as "as the most unfortunate happening in the arena of industrial activity in the 21st century".

"A bit far-fetched, that," economic historians will no doubt snort, but the Tata Motors pullout has painfully ended one of the sorrier sagas in recent Indian political and business history, marring the remarkable story of the 140-year-old behemoth Tata Group, whose fortunes reflect the growth of modern India.

Posted by waegari on Wednesday, October 08 @ 00:19:51 PDT (62 reads)
(Read More... | 1833 bytes more | comments? | Score: 0)
Cramer: Dow Could Drop Another 14%, Oil's Going to $50
Consumption; Demand; PricesCarlhole writes: By Jim Cramer

What will New York look like a year from now? The answer: bad and probably worse, and perhaps downright catastrophic. Three degrees of awful. The first step was passing the bank-bailout legislation. Now that it’s done—and if it didn’t get done we would have been looking at a guaranteed economic collapse—the critical issue will be presidential leadership. And while any president will be an improvement over the current one, there is a growing belief on Wall Street that Barack Obama has the capacity to lead us out of this wilderness while John McCain does not. I’ll go a step further: Obama is a recession. McCain is a depression...

At this time next year, I could see the Dow as low as 8,300. That’s more than 40 percent off its October 2007 high of 14,164.

Posted by waegari on Wednesday, October 08 @ 00:15:23 PDT (105 reads)
(Read More... | 981 bytes more | comments? | Score: 0)
Seas turn to acid as they soak up CO2
Enviromental Headlines; Climate ChangeThe Bay of Naples is renowned for its breathtaking beauty and glittering clear waters. For centuries, tourists have flocked to the region to experience its glories.

But beneath the waves, scientists have uncovered an alarming secret. They have found streams of gas bubbling up from the seabed around the island of Ischia. 'The waters are like a Jacuzzi - there is so much carbon dioxide fizzing up from the seabed,' said Dr Jason Hall-Spencer, of Plymouth University. 'Millions of litres of gas bubble up every day.'

Posted by Leanan on Tuesday, October 07 @ 19:12:43 PDT (193 reads)
(Read More... | 1462 bytes more | comments? | Score: 0)
Russian Oil Companies Seek State Loans, Lukoil Says
Business News; Market Research(Bloomberg) -- Four of Russia's biggest energy companies have asked the government to approve state loans for refinancing debt, said a spokesman for OAO Lukoil, the country's second-biggest oil producer.

Lukoil is seeking between $2 billion and $5 billion to refinance loans, spokesman Dmitry Dolgov said by phone in Moscow today. The other three companies are OAO Gazprom, the world's biggest natural-gas company; OAO Rosneft, Russia's largest oil producer; and TNK-BP, BP Plc's 50 percent Russian venture.

Posted by Leanan on Tuesday, October 07 @ 19:09:13 PDT (99 reads)
(Read More... | 1018 bytes more | comments? | Score: 0)
U.S. announces 'Biofuels Action Plan'
Public Policy; Political and Legal News

WASHINGTON, Oct. 7 (UPI) -- U.S. government officials have released the National Biofuels Action Plan, an interagency plan to accelerate development of a sustainable biofuels industry.

U.S. Department of Agriculture Secretary Ed Schafer and Department of Energy Secretary Samuel Bodman said the plan is in response to President George Bush's goal of cutting U.S. gasoline consumption by 20 percent in the next 10 years.

Posted by coyote on Tuesday, October 07 @ 16:21:56 PDT (134 reads)
(Read More... | 568 bytes more | comments? | Score: 0)
Climate change seen aiding spread of deadly diseases
Enviromental Headlines; Climate Change

BARCELONA, Spain (Reuters) - A "deadly dozen" diseases ranging from avian flu to yellow fever are likely to spread more because of climate change, the Wildlife Conservation Society said on Tuesday.

The society, based in the Bronx Zoo in the United States and which works in 60 nations, urged better monitoring of wildlife health to help give an early warning of how pathogens might spread with global warming.

Posted by coyote on Tuesday, October 07 @ 16:15:05 PDT (91 reads)
(Read More... | 909 bytes more | comments? | Score: 0)
Oil weathers the storm
Business News; Market Research

DOWN $US10 a barrel one night, up $US4 a barrel the next. Week after week, oil has been unpredictable; you might even say irascible.

Futures contracts were changing hands at $US147 a barrel in July; now analysts are talking somewhere around $US85 as a floor in the coming months. No one really knows for sure, which doesn't do anything to ease investor concern.

Posted by coyote on Tuesday, October 07 @ 16:10:58 PDT (128 reads)
(Read More... | 1411 bytes more | comments? | Score: 0)
How Much Oil is Actually Left On This Planet? Should We Care?
Consumption; Demand; Prices

According to Dr. Peter McCabe, a world-renowned scientist currently working at CSIRO in Australia, any realistic analysis of future energy sources can only conclude that, barring some complete and miraculous harmony between all the world’s economic superpowers, fossil fuels will dominate our energy mix for at least the next few decades — and we should just accept it.

To get a perspective on where Dr. McCabe is is coming from, it struck me that he is a man who thinks in terms of quadrillions of BTUs and exajoules of energy. His views come from an analysis of global markets and global energy use. To him it probably seems that a grassroots coordinated global effort is beyond the reach of humanity.

Posted by coyote on Tuesday, October 07 @ 16:06:10 PDT (219 reads)
(Read More... | 1278 bytes more | comments? | Score: 1)
US oil production at lowest level since 1946-gov't
Production; Extraction; Exploration

WASHINGTON, Oct 7 (Reuters) - U.S. crude oil production this year is expected to fall below 5 million barrels per day for the first time since shortly after World War Two, the government's top energy forecasting agency said on Tuesday.

The lower output is due to hurricanes Gustav and Ike, which at one point shut in almost all the 1.3 million barrels a day in oil production in the Gulf of Mexico, according to the U.S. Energy Information Administration.

Posted by coyote on Tuesday, October 07 @ 15:58:38 PDT (146 reads)
(Read More... | 546 bytes more | comments? | Score: 5)
Coal-fired power generators face new threat from EU carbon emissions curb
Public Policy; Political and Legal News

The future of coal-fired power generation in Europe was called into question yesterday after the European Union backed new laws that would force power companies to pay for all of their carbon dioxide emissions from 2013.

The decision, which could cost the power industry €30 billion (£23 billion) a year and could trigger a steep rise in electricity bills, represents a huge boost for Europe’s renewable energy industry. It also casts fresh doubt over the likelihood of a new £1.5 billion coal-fired power plant being built at Kingsnorth, Kent, by E.ON, the German power group.

Posted by coyote on Tuesday, October 07 @ 15:52:33 PDT (88 reads)
(Read More... | 1365 bytes more | comments? | Score: 0)
Survey
What will be the Dow Jones Industrial Average at the end of 2008?

above 12,000
12,000
11,000
10,000
9,000
8,000
7,000
6,000
5,000
below 5,000



Results
Polls

Votes: 373
Comments: 1
 
Forums

 Fed orders emergency rate cut to 1.5 percent
 Dow Jones Futures way down for Wednesday
 Could the US go in to a recession?
 RAISE CASH NOW!!! ... EU CC BEING REJECTED !!!!!
 Asian Markets Down Big . . . Deja Vu
 Superstruct - Massively Multiplayer Forecasting Game
 Sauerkraut / kim chee containers?
 Dow Has Worst Year Since 1937
 Is Europe going the way of America?

Peak Oil News Forums

 
Who's Online
There are currently, 260 guest(s) and 62 member(s) that are online.

You are Anonymous user. You can register for free by clicking here
 
Old Articles
Tuesday, October 07
· Alcoa to curb projects as demand slips
· World needs to rethink biofuels: U.N. food agency
· Renewable Energy for Homes Doesn't Come Cheap
· Geothermal backers say it's their time to shine
· OPEC exports down 50,000 in 4 wks to Sept 21-LMIU
· A Gift From the ’70s: Energy Lessons
· Peak oil, bailout bunk, and the coming recession
· Ryanair boss accuses BA of 'scamming' passengers
· Energy Department warns of higher heating costs
· Lugar: Next President Must Make Energy Security 'Core National Goal'
· Army Looks to Build World's Strongest Solar Array
· Don’t worry about oil
· Herman Daly on the Credit Crisis, Financial Assets, and Real Wealth
· The Other Scarce Resource
· Gazprom Expects OPEC to Stop `Substantial' Drop in Oil Price
· The tsunami is here
· Nigerian conflict a warning for Big Oil in Iraq
· A cleaner way to get drinking water from seas?
· Secret for efficient ethanol in cows' stomachs?
· Inflationary U.S. bailout may boost oil: Merrill

Older Articles
 
google
 

Atom News FeedRSS 1.0 News FeedRSS 2.0 News FeedRSS Forums Feed