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I will believe the Saudis don't see any upcoming problems with Ghawar when they cancel one of their projects due to low oil prices. If they continue to be full steam ahead with increasing their capacity then I think they are aware that Ghawar may not be as robust in 5 years time as they would like us to believe.

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U.S. carmakers key for North American economy: CAW
Business News; Market Research

DETROIT (Reuters) - U.S. automakers are "incredibly important" to the North American economy and a failure of even the smallest Detroit automaker would result in the loss of as many as 70,000 jobs in Canada alone, Canadian Auto Workers union Ken Lewenza said on Tuesday.

Lewenza, in a telephone interview, said he hopes the U.S. Congress understands that General Motors Corp, Ford Motor Co and Chrysler LLC are a key part of the economies in both United States and Canada.

Posted by coyote on Tuesday, November 18 @ 21:05:34 PST (46 reads)
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China to impose fuel tax ''very soon'': paper
Public Policy; Political and Legal News

BEIJING (Reuters) - China will impose a long-awaited fuel tax "very soon," the head of National Development and Reform Commission's (NDRC) Energy Research Institute said in comments reported on Tuesday by the China Daily.

"The announcement will come very soon, and actually specific plans have already been suggested to the government long ago," Han Wenke, director general of the research body, was quoted as saying.

Posted by coyote on Tuesday, November 18 @ 21:04:00 PST (53 reads)
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Crude Oil Is Steady Amid Forecasts of Increased U.S. Supplies
Business News; Market Research

Nov. 19 (Bloomberg) -- Crude oil was little changed in New York amid forecasts that a report will show U.S. oil supplies increased for an eighth week as a recession erodes global demand.

Stockpiles probably climbed 1 million barrels in the week ended Nov. 14, according to the median of 12 analyst estimates before an Energy Department report today. The Organization of Petroleum Exporting Countries, the International Energy Agency and U.S. Energy Department slashed demand projections this month.

Posted by coyote on Tuesday, November 18 @ 21:02:10 PST (49 reads)
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Sumitomo Rubber plans tires free of oil
Hydrocarbon Alternatives

TOKYO (Reuters) - Sumitomo Rubber Industries Ltd, Japan's second-biggest tire maker, plans to start selling in Japan tires that include no petrochemical materials by 2013, a company spokesman said on Tuesday.

The company has set a medium-term strategy to fight climate change by introducing a tire which uses as little raw material made from oil as possible and at the same time that spins more smoothly to save more fuel than a conventional tire.

Posted by coyote on Tuesday, November 18 @ 20:38:16 PST (55 reads)
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Rainforest nations want coordinated carbon effort
Enviromental Headlines; Climate Change

MILAN (Reuters) - Rainforest nations will lobby the United Nations to set up a single body to coordinate the use of carbon credit trading to stop deforestation at a conference next month in Poland, an official from the countries said on Tuesday.

"A new body should be built to coordinate initiatives (on cutting emissions from deforestation) that are going around now," Federica Bietta, Deputy Director of New York-based Coalition for Rainforest Nations, which represents about 40 countries, told Reuters on the margins of a deforestation conference in Milan.

Posted by coyote on Tuesday, November 18 @ 20:36:09 PST (34 reads)
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Will Detroit's cash crisis kill the electric car?
Hydrocarbon Alternatives

LOS ANGELES (Reuters) - Call it an economic and environmental murder mystery in the making: Will a cash-strapped Detroit kill the electric car -- again?

Stung by an association with gas-guzzling SUVs and pushed to the brink of failure by plunging sales, U.S. automakers have been touting efforts to roll out more fuel-efficient small cars, gas-saving technology and gas-free electric vehicles.

Posted by coyote on Tuesday, November 18 @ 20:32:34 PST (46 reads)
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GM's possible bankruptcy weighs heavily on Detroit
Business News; Market Research

CHICAGO (Reuters) - Devastating.

That's the word being used to describe the impact on Michigan and its largest city, Detroit, should financially ailing automaker General Motors (GM.N: Quote, Profile, Research, Stock Buzz) file for bankruptcy protection.

Posted by coyote on Tuesday, November 18 @ 20:29:54 PST (73 reads)
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Top oil exporters' ship plans unchanged after hijack
Public Policy; Political and Legal News

DUBAI (Reuters) - Three of the Middle East's top oil exporting nations, Saudi Arabia, Iran and Kuwait, have no immediate plans to alter their crude oil shipping operations despite an increased threat from pirates off East Africa.

Somali pirates over the weekend hijacked a Saudi supertanker with a cargo of two million barrels of oil and the U.S. navy said on Tuesday it was now anchored off Somalia.

Posted by coyote on Tuesday, November 18 @ 20:27:14 PST (42 reads)
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Petrobras postpones 28 rig tenders
Production; Extraction; ExplorationBrazilian state oil company Petrobras has postponed construction tenders for 28 deep-sea drilling rigs to the coming year.

The rigs were to be tendered exclusively to Brazilian construction companies this year.

Posted by Leanan on Tuesday, November 18 @ 16:02:01 PST (103 reads)
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Global energy investment hit by financial crisis
Business News; Market Research(Reuters) - The growing financial crisis and plunging energy prices have forced companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit.
Posted by Leanan on Tuesday, November 18 @ 15:55:57 PST (96 reads)
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Sands shifting under Alberta oil sector
Enviromental Headlines; Climate ChangeCALGARY -- Environmental organizations in Canada and the United States are stepping up their campaign to derail Alberta's oil sands and seeking funding from deep-pocketed endowments including the Rockefeller Brothers Fund.

Presentations made to the Fund and other potential donors obtained by the Financial Post show a multitude of green groups, including the New York-based Natural Resources Defense Council, Oregon-based Corporate Ethics International and Alberta-based Pembina Institute, have formed a coalition to broaden their attack on the Canadian sector, targeting politicians, regulators, investors, communities and the media.

Posted by Leanan on Tuesday, November 18 @ 15:50:42 PST (84 reads)
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Experts warn of severe water shortages by 2080
Enviromental Headlines; Climate ChangeClimate change expected to drastically reduce availability of drinking water

KUALA LUMPUR, Malaysia - Half the world's population could face a shortage of clean water by 2080 because of climate change, experts warned Tuesday.

Wong Poh Poh, a professor at the National University of Singapore, told a regional conference that global warming was disrupting water flow patterns and increasing the severity of floods, droughts and storms — all of which reduce the availability of drinking water.

Posted by Leanan on Tuesday, November 18 @ 15:43:38 PST (78 reads)
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Dubai Vulnerable to Lower Oil Prices, Citigroup Says
Consumption; Demand; Prices (Bloomberg) -- Dubai, the second largest of the seven sheikhdoms in the United Arab Emirates, is the most vulnerable place in the Gulf to lower oil prices as real estate prices and debt refinancing pose ``real risks,'' Citigroup Inc. said.

The emirate ``has been booming on the oil surpluses'' from neighboring Gulf states and Russia, Citigroup's Mushtaq Khan said in the report today. ``Dubai's two specific concerns are its real estate sector and how it will refinance the debt it has built up in recent years.''

Posted by Leanan on Tuesday, November 18 @ 15:39:56 PST (109 reads)
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As children starve, world struggles for solution
Public Policy; Political and Legal News(CNN) -- Some mothers choose what their children will eat. Others choose which children will eat and which will die.

...Raj Patel, author of "Stuffed and Starved: The Hidden Battle for the World Food System," says the right to food should be seen as a human right. But, he says, powerful corporate food distributors control too much of the world's food supply to ensure a robust global food supply.

Posted by Leanan on Tuesday, November 18 @ 12:59:50 PST (110 reads)
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Missing Radioactivity In Ice Cores Bodes Ill For Part Of Asia
Enviromental Headlines; Climate Changevox_mundi writes:

COLUMBUS, Ohio – When Ohio State glaciologists failed to find the expected radioactive signals in the latest core they drilled from a Himalayan ice field, they knew it meant trouble for their research.

But those missing markers of radiation, remnants from atomic bomb tests a half-century ago, foretell much greater threat to the half-billion or more people living downstream of that vast mountain range.

Posted by Leanan on Tuesday, November 18 @ 11:23:50 PST (413 reads)
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Old Articles
Tuesday, November 18
· Duke study pinpoints potential 'green collar' job growth in US
· Credit crisis dims the lights for power industry
· Report outlines how to adapt to climate change
· IEA WEO 2008 - Fuzzy Focus on Saudi Arabia
· Big Oil: We told you so
· Real Price of Gas Approaches a Historic Record-Low
· Nissan Plans to Start Selling Electric Cars in China by 2012
· Russian oil firms may cut output if unprofitable
· UK: Inflation slides to 4.5 percent in October
· Oil game
· A Southward Thrust for China’s Energy Diplomacy in the South China Sea
· OPEC again cuts its demand forecast
· UN warns of desertification crisis
· From Bad to Worse: Latest Figures on Global Greenhouse Gas Emissions
· Europe's $14 Billion Clean-Coal Proposal May Go Up in Smoke
· EU and US back Caspian call
· 50 Countries Discuss in Brazil How to Make Biofuel Without Harming the World
· Peak-a-boo, I don't see you?
· Western Australia Premier Ends Ban on Uranium Mining
· ''Get Coal Out of the System''

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