Topic: Forecast
IEA predicts greater reliance on OPEC oil NEW DELHI - Global dependency on the members of the Organization of Petroleum Exporting Countries (OPEC) for oil will rise in the next five to 10 years as pr ... moreWe need a better understanding of the 'environmentalist's paradox' We hear lots of concerned chatter these days not least, here on this site - about peak oil, peak water, deforestation, resource d ... more
Interview with Michael Smith (Part 2 of 2) I feel the peak/plateau period is much delayed because of the recession. Currently I am looking at around 2020 - perhaps as late as 2025. But of course it is ... more
Oil Price Ignores Long-Term Supply Worries You could be excused for seeing a grim metaphor for the death of the oil age in the scenes of destruction visited on the U.S. Gulf coast this summer. Howeve ... more
John Michael Greer - Green Wizardry: A response to Rob Hopkins Rob Hopkins is a smart guy, and even though he s garbled a fair number of the details, his post raises useful points regarding some of ... more
Judge rules against U.S. government on oil drilling HOUSTON (Reuters) A federal judge on Wednesday rejected the U.S. government's request to dismiss an industry lawsuit challenging its deepwater o ... more
Lenders Back Off of Environmental Risks Blasting off mountaintops to reach coal in Appalachia or churning out millions of tons of carbon dioxide to extract oil from sand in Alberta are among environme ... more
This is a letter I received from a reader (with the name changed). Below the fold is an expanded version of my answer to him. I would be interested in what other people's thoughts are on this subject ... more
This is a letter I received from a reader (with the name changed). Below the fold is an expanded version of my answer to him. I would be interested in what other people's thoughts are on this subject ... more
A new US oil rush could rock OPEC It contains hundreds of billions of barrels of light crude oil and thousands of wells and should be scaring the pants off any oil exporter needing high crude prices ... more
A new US oil rush could rock OPEC It contains hundreds of billions of barrels of light crude oil and thousands of wells and should be scaring the pants off any oil exporter needing high crude prices ... more
Dealing With Scarcity Julian Cribb, in his book The Coming Famine (which I reviewed today over in Arts), contends that we ve already seen peak oil the time when production can do nothing b ... more
Wind Turbine Projects Run Into Resistance BARSTOW, Calif. The United States military has found a new menace hiding here in the vast emptiness of the Mojave Desert in California: wind turbines. Mo ... more
Good Intentions, Bad Policy Perhaps the single most important policy-related insight in economics is that changes in policies lead to behavioral responses. More generous unemployment insurance leads t ... more
Oil analyst: U.S. policy detached from market reality The world is running out of oil. This prediction could be made today, of course, but it also has been stated with moral certainty numerous times ... more
This is a guest post by David Fridley, known on The Oil Drum as Spraxis. See end of post for more information. The scramble for alternatives is on. High oil prices, growing concerns over energy securi ... more
In this post I present an analysis of how OPEC oil supplies have responded to changes in crude oil prices during the last 10 years. My objective was to estimate OPEC's probable marketable crude oil ca ... more
This is a guest post by Gregor MacDonald. Gregor is an oil analyst and energy sector investor, who, in his words, "also focuses on the coming transition to alternatives". This post was previously publ ... more
Russia: Iran's nuclear plant to start next week MOSCOW (AP) Russia's nuclear agency said Friday that it will load fuel into Iran's first nuclear power plant next week, defying U.S. calls to hold o ... more
Tom Whipple: A Gathering in Louisville Every year the National Conference of State Legislators (NCSL) holds a conference where legislators from all over the U.S. gather for updates on major policy co ... more
IEA Raises Forecast for Global Oil Consumption Even as 2011 Growth Slows Global demand for oil will exceed the International Energy Agency s earlier estimates, even as the adviser predicts the econo ... more
This research analysed the impact of the disparity in forecast accuracy among investors in the financial markets. This analysis has found the following interesting phenomena: 1) depending on market en ... more
Not So Easy The writers and editors at Nature this past week boldly proclaimed, with some carefully qualified caveats, that producing enough food for the world s population in 2050 will be easy. M ... more
Medicare might last beyond 2029, twelve years longer than a 2009 pojection, according to a report released yesterday by the trustees who oversee Medicare and Social Security.But it might be too soon t ... more
China says to maintain trade cooperation with Iran (Reuters) - Chinese Vice Premier Li Keqiang told the visiting Iranian oil minister on Friday that Beijing would maintain cooperation with Tehran on e ... more
The cost of breakfast risesSEVERE drought and wildfires in Russia, the world #8217;s fourth largest wheat producer, have destroyed a fifth of the country #8217;s crop and sent prices soaring. Since th ... more
EU Seeks Caspian Gas Accord to Cut Russian Dependence The European Union is seeking an agreement on a natural-gas pipeline between Turkmenistan and Azerbaijan as the 27-nation bloc aims to import Casp ... more
Predictions of Coal, CO2 Production Flawed, Says Latest Research AUSTIN, Texas The CO2 emission estimates used for government policy decisions assume unlimited coal and fossil fuel production for ... more
In Europe, natural gas has great importance. Many people believe (some countries even instituted policies) that it will be the fuel that will become the bridge to an energy future with less reliance o ... more
JPMorgan Cuts Forecasts on 2010, 2011 New York Oil Prices as Demand Slows JPMorgan Chase Co. lowered by 5.5 percent its forecast for New York oil prices this year on speculation a slowdown in global ... more
This thread is being closed. Please comment on http://www.theoildrum.com/node/6800. The windows that allow significant work on the oil spill in the Gulf are likely to become rarer and more valuable o ... more
Traffic distribution forecasting is an essential step in network planning for packet-switching networks. It is frequently necessary to forecast and develop an optimal network configuration to meet the ... more
This paper addresses a practical decision making by developing an innovative inventory and transportation cost model to determine the optimum number of the spare parts and its location in the warehous ... more
JPMorgan Cuts Forecasts on 2010, 2011 New York Oil Prices as Demand Slows JPMorgan Chase Co. lowered by 5.5 percent its forecast for New York oil prices this year on speculation a slowdown in global ... more
The windows that allow significant work on the oil spill in the Gulf are likely to become rarer and more valuable opportunities as the hurricane season, forecast to be stronger than average, moves tow ... more
Mitsui Says Oil Tanker Possibly Attacked Near Hormuz Mitsui O.S.K. Lines Ltd., operator of the world s second-largest oil-tanker fleet, said one of its ships may have been attacked near the Strait o ... more
Australia: Food security plan essential for the national interest While people discuss the threat of obesity in the suburbs and in the seat of power, nobody talks about the threat of global food scarc ... more
(TrendHunter.com) This Window Concept Phone looks absolutely amazing. I've seen some concept transparent mobile phones before, but none as as thin and truly see-through as this design. The coolest t ... more
This thread is being closed. Please comment on http://www.theoildrum.com/node/6771. This is a second copy of this post, with 5:30 update and new tropical storm information. Previous comments can be f ... more
Scientists: Oil plumes definitely from BP's well TAMPA, Fla. -- Researchers in Florida say they have the first scientific proof that two plumes of oil beneath the surface of the Gulf of Mexico came fr ... more
5pm ET Friday Update Bonnie has passed over South Florida and is entering the Gulf of Mexico, pretty much on the forecast track. It has dropped below tropical storm strength, but should gain a bit ... more
This post is really an update to my prior post http://www.theoildrum.com/node/6771. Update: 1:00 PM EDT: Evacuation of oil spill area called off; ship are expect to return within 24 hours. Note, Satu ... more
Tropical Storm Bonnie (AL03) continues to move through the Bahamas towards south Florida. It's not much of a storm at this point, just barely a tropical storm, and is not forecast to intensify very m ... more
A Big Oil Field in Central Asia Isn't Earning What Chevron Planned On ATYRAU, KAZAKHSTAN A single oil field here in Central Asia stands ready to produce nearly as many barrels each day as the enti ... more
This is a second copy of this post, with 5:30 update and new tropical storm information. Previous comments can be found at http://www.theoildrum.com/node/6766. Update 5:30pm EDT: BP has received appro ... more
Because of the number of comments, this is a new copy of this post. Previous comments can be found on http://www.theoildrum.com/node/6757. Update, 4:00 pm, EDT: Chuck Watson has a storm update, added ... more
FACTBOX - Oil reserves: declining - but how fast? (Reuters) - A declaration by Venezuela last week that it hopes soon to overtake Saudi Arabia as the country with the biggest oil reserves has stoked d ... more
Because of the number of comments, this is a new thread. The previous thread was http://www.theoildrum.com/node/6754. Update 2:30 pm EDT: Original leak on the pipe has been sealed, but there are two m ... more
Caribbean System Has a 40% Chance of Developing Into Cyclone, Center Says An area of thunderstorms and clouds is becoming more likely to develop into a tropical cyclone in the next two days, the U.S. ... more
Ocean Energy Institute Open for Business The Ocean Energy Institute (OEI) is poised to launch into a corporate endeavor to replace oil and gas with renewable energy from the sea. OEI will host a publi ... more
The Peak Oil Crisis: A Mid-Year Review Nearly everyone will admit that continuing oil shortages and that high (above $100 a barrel) oil prices would be devastating to the prospects for economic recove ... more
Michael T. Klare: Clean, Green, Safe and Smart If the ecological catastrophe in the Gulf of Mexico tells us anything, it is that we need a new national energy policy a comprehensive plan for escapin ... more
Wall St and peak oil One of the enduring lines about peak oil is that authorities keep it a secret because there would be some kind of financial havoc if it were revealed. A recent example is a claim ... more
Jeff Rubin: Oil must rise to make oil sands economical It s not its carbon trail that stands in the way of the Alberta tar sands picking up the supply ball dropped by deep-water drilling in the ... more
Saudi Arabia's House Of Cards Seventy-eight years after Abdul Aziz ibn Saud triumphantly carved out his kingdom on the Arabian Peninsula following a quarter-century of warfare against rival tribes, Sa ... more
Europe is finally starting to think about its longer-term energy issues, and how they affect transportation plans. To try to deal with these issues, a new European Energy Consultation was set up, sp ... more
Lesser-known provisions of the new healthcare reform law could help build support in the run-up to the contentious mid-term elections, according to Kaiser Health News. Here are some of the changes you ... more
China set to consume 50% of global coal production this year Production and consumption roughly in balance Coal imports used for stock pile growth? Consumption growing >10% year on year in line with ... more
World nuclear power generation slipped again in 2009, continuing its slide since its peak in 2006. The data shown is from BP's compilation of statistical data, but data from the World Nuclear Associat ... more
Lloyd's says won't cover Iran petroleum shipments LONDON (Reuters) - Lloyd's of London will not insure or reinsure petroleum shipments going into Iran, the insurance market said on Friday. U.S. Presi ... more
Russian Oil Erodes Middle East's Hold on Exports to Asia Russia is sending record amounts of oil to Asia, eroding the dominance of the Middle East, as refiners in South Korea and Japan increase purcha ... more
This is a guest post from Steven Kopits. Steven heads the New York office of Douglas-Westwood, energy business consultants. In my last post, we looked at the supply of oil in the EIA's recently releas ... more
Saudi King: Halt To Oil Exploration To Save Wealth RIYADH (Zawya Dow Jones)--Saudi Arabia's King Abdullah has ordered a halt to oil exploration operations to save the hydrocarbon wealth in the world' ... more
When Less Was More We tend to think of the decades immediately following World War II as a time of exuberance and growth, with soldiers returning home by the millions, going off to college on the G.I. ... more
This thread is being closed. Please comment on http://www.theoildrum.com/node/6678. First, a brief note on the impact of Hurricane Alex. While Alex is only a Category 1 hurricane, and well out of the ... more
Gas taxes give us a break at the pump When drivers hit the road in large numbers for the Fourth of July holiday, they will have something extra to celebrate the lowest gasoline taxes since the ea ... more
The U.S. Department of Agriculture (USDA) has just issued a report detailing the outlook and challenges of next generation biofuels. I provided some input during the drafting of the report, which ho ... more
Gas taxes give us a break at the pump When drivers hit the road in large numbers for the Fourth of July holiday, they will have something extra to celebrate the lowest gasoline taxes since the ea ... more
The U.S. Department of Agriculture (USDA) has just issued a report detailing the outlook and challenges of next generation biofuels. I provided some input during the drafting of the report, which ho ... more
Indonesia to cut energy subsidy, carbon emission Indonesia has decided to join developed countries'move to reduce huge amount of subsidies on energy, while making efforts to reduce carbon emission as ... more
First, a brief note on the impact of Hurricane Alex. While Alex is only a Category 1 hurricane, and well out of the way of the Deepwater Horizon operations, it is still stirring up 3 meter swells, whi ... more
Analysis: U.S. Shale Gas Could Play Large Role in Future Production U.S. onshore shale natural gas could potentially become a large portion of future U.S. gas production with an assumed 347 Tcf of tec ... more
Alex again has potential for disruption, although probably more on clean-up operations than on Deepwater Horizon oil spill capturing and the drilling of relief wells. Since Sunday was a low news day f ... more
Gulf gas shortage threatens oil production Gulf states seeking to prolong the lives of aging oilfields face a big problem: insufficient gas to pump in to maintain their crude output. And the problem i ... more
India Frees Gasoline, Diesel Prices to Help Cut Government's Expenditure India decided to free prices of gasoline and diesel, saying they would be market driven in line with a panel s recommendation ... more
Sunday Afternoon Update As of 4pm ET, model tracks are continuing to shift north, including the NMC's GFDL and HWRF runs which are highly regarded. Don't be shocked if at 5pm or later tonight NHC mo ... more
Analysis: U.S. Shale Gas Could Play Large Role in Future Production U.S. onshore shale natural gas could potentially become a large portion of future U.S. gas production with an assumed 347 Tcf of tec ... more
Alex again has potential for disruption, although probably more on clean-up operations than on Deepwater Horizon oil spill capturing and the drilling of relief wells. Since Sunday was a low news day f ... more
CFTC Set to Limit Oil Speculation With Senate Backing (Bloomberg) -- The top U.S. commodity regulator is poised to impose new rules on oil speculators as Congress and the European Commission attempt t ... more
CFTC Set to Limit Oil Speculation With Senate Backing (Bloomberg) -- The top U.S. commodity regulator is poised to impose new rules on oil speculators as Congress and the European Commission attempt t ... more
It tolls for thee: Flexibility on highway funding would make all the difference The building and repairing of roads in America is paid for by a federal petrol tax, which replenishes the highway trust ... more
Greek Crisis and Euro Fall Snare Clean-Energy Stocks (Bloomberg) -- As Europe grapples with the fallout from Greece s economic woes, at least one unexpected corner of the economy is suffering: renew ... more
BP And Goldman Sachs Sued For Oil Fraud Dozens of small oil and gas producers across Oklahoma and the Midwest are suing Goldman Sachs, BP and ConocoPhillips, claiming the defendants conspired to defra ... more
I listened to a press conference with NOAA administrators this morning regarding the possibility of oil from the oil spill getting into the Loop Current. Some of the takeaways from the press conferenc ... more
I listened to a press conference with NOAA administrators this morning regarding the possibility of oil from the oil spill getting into the Loop Current. Some of the takeaways from the press conferenc ... more
Peter Tertzakian: Possible non-OPEC oil supply surge to put pressure on prices? We re in an era when no assumptions can be taken for granted. For example, a few years ago we assumed that North Ameri ... more
Wind power growth in China's deserts ignored financial risks Across the country, seven wind-power zones, each with a capacity of 10 gigawatts, have been approved. In the space of just a few years, thi ... more
Trying to follow a complex ongoing story like the oil spill on a blog like The Oil Drum is difficult, so I thought I would put together some pointers and useful links, especially for new readers. In t ... more
Trying to follow a complex ongoing story like the oil spill on a blog like The Oil Drum is difficult, so I thought I would put together some pointers and useful links, especially for new readers. In t ... more
Turkey, Russia sign deals on nuclear power plant, pipeline to carry Russian oil to Europe ANKARA, Turkey (AP) Turkey and Russia signed agreements on Wednesday for the construction of Turkey's firs ... more
Jeff Rubin: It ain t about Greece A $10-per-barrel drop in oil prices seems a curious response to the ongoing disaster at BP s Deepwater Horizon wellhead and to its potentially devastating reperc ... more
Droughts Turn Out the Lights in Hydro-Dependent African Nation NAIROBI, Kenya -- The restaurant manager shrugs as his customers eat in darkness and his kitchen limps along on half power. "What they ... more
This is a guest post by Richard Heinberg. The post was originally published by the Post Carbon Institute. The conventional wisdom in energy-and-environment circles is that China's economy, which is g ... more
DOE Still Disavows Peak Oil Forecast, Despite New Studies A few weeks after the joint force report came out, there was speculation that the DOE had endorsed peak oil theory after Glen Sweetnam, former ... more
This is a guest post by Richard Heinberg. The post was originally published by the Post Carbon Institute. The conventional wisdom in energy-and-environment circles is that China's economy, which is g ... more
The availability of more affordable drugs, vaccines and diagnostics that would help countless people worldwide is the foremost benefit expected from a growing number of collaborations between biotech ... more
Drumbeat will continue to have a lot of oil spill articles. But to keep oil spill discussion together, this is a separate thread, with a few links. The most worrying story from Drumbeat is Gulf Oil Sl ... more
Drumbeat will continue to have a lot of oil spill articles. But to keep oil spill discussion together, this is a separate thread, with a few links. The most worrying story from Drumbeat is Gulf Oil Sl ... more
This is a post we plan to update and keep up during the time the oil spill is an issue. See the Discussion section at the end for comments about the proposed post. Trying to follow a complex ongoing ... more
Trying to follow a complex ongoing story like the oil spill on a blog like The Oil Drum is difficult, so I thought I would put together some pointers and useful links, especially for new readers. In t ... more
This is a guest post by George Mobus, who is an Associate Professor of Computing and Software Systems at the University of Washington, Tacoma. His blog is Question Everything. I've spent the last tw ... more
Trying to follow a complex ongoing story like the oil spill on a blog like The Oil Drum is difficult, so I thought I would put together some pointers and useful links, especially for new readers. In t ... more
This is a guest post by George Mobus, who is an Associate Professor of Computing and Software Systems at the University of Washington, Tacoma. His blog is Question Everything. I've spent the last tw ... more
Increased demand in developing countries, technological advances that lead to personalized medicine, and an influx of aging populations are among the 12 healthcare "megatrends" that dramatically chang ... more
This is a draft of a post that I would propose to update and keep up during the time the oil spill is an issue. See the Discussion section at the end for comments about the proposed post. Trying to fo ... more
Obama bans new drilling as oil hits Louisiana MOUTH OF THE MISSISSIPPI RIVER - No new offshore drilling will be authorized until authorities learn what caused the explosion of the rig Deepwater Horizo ... more
U.S. may send in troops as Gulf oil spill worsens NEW ORLEANS A massive oil spill in the Gulf of Mexico is even worse than believed and as the government grows concerned that the rig s operator is ... more
We have all been reading about the blowout that led to huge fire and sinking of the Deepwater Horizon drilling rig in the Gulf of Mexico. Now there is news that there is a huge oil spill coming from t ... more
Global downturn cushioned peak oil impact One of the Federal Government's top infrastructure advisers is warning of an oil crunch that could send the global economy spiralling back toward recession. ... more
Increased demand in developing countries, technological advances that lead to personalized medicine, and an influx of aging populations are among the 12 healthcare "megatrends" that dramatically chang ... more
Global downturn cushioned peak oil impact One of the Federal Government's top infrastructure advisers is warning of an oil crunch that could send the global economy spiralling back toward recession. ... more
Shale-Gas Drilling in U.S. May Stall as Below-Production Prices Erode Cash Drilling in U.S. shale-gas formations may tumble as companies run short of cash after prices for the fuel languished below th ... more
INTERVIEW - Oil over $100 damaging, OPEC would act - Kuwait KUWAIT (Reuters) - OPEC would pump more oil to prevent a rally in oil prices above $100 from hurting the global economic recovery, Kuwait's ... more
Shell says Middle East needs to solve "gas puzzle" KUWAIT (Reuters) - The Middle East needs to solve the conundrum which leaves it sitting on 40 percent of the world's gas reserves and yet suffering ... more
Shell says Middle East needs to solve "gas puzzle" KUWAIT (Reuters) - The Middle East needs to solve the conundrum which leaves it sitting on 40 percent of the world's gas reserves and yet suffering ... more
Shale-Gas Drilling in U.S. May Stall as Below-Production Prices Erode Cash Drilling in U.S. shale-gas formations may tumble as companies run short of cash after prices for the fuel languished below th ... more
Iran begins war games in Persian Gulf oil route TEHRAN, Iran (AP) -- Iran's elite Revolutionary Guard held war games Thursday in the strategic Persian Gulf oil route, the Hormuz Strait, a show of it ... more
The good news: Health reform will add approximately 34 million currently uninsured Americans to the rolls. The bad: The bitterly disputed overhaul will increase national healthcare spending by $311 bi ... more
Fossil-fuel subsidies hurting global environment, security A comprehensive assessment of global fossil-fuel subsidies has found that governments are spending $500 billion annually on policies that un ... more
Kuwait Hires LNG Tanker as Offshore Terminal for Summer Imports (Bloomberg) -- Kuwait has hired a liquefied natural gas tanker to serve as an offshore terminal to help the country meet rising demand ... more
World Bank Report: Lights Out? - The Outlook for Energy in Eastern Europe and Central Asia [PDF] Emerging Europe and Central Asia, the region made up of the countries of Central and Eastern Europe (CE ... more
Global stability is hallmark of Kingdom s oil policy The Saudi energy policy is based on two principles: Maintaining moderate international oil prices to ensure the long-term use of crude as a major ... more
(Editor #8217;s Note: this is one of the Research Executive Briefs that will be included in SharpBrains #8217; 2010 market report, to be unveiled on May 24th. We asked leading neuroscientists to share ... more
George Monbiot: What links the banking crisis and the volcano? - We rely globally on over-complex, over-strained systems. Act now, or wait for the much more brutal corrective of nature There's a simi ... more
Hurricane season's set to test lessons learned TOKYO (MarketWatch) -- The oil and natural gas industry's best weapon against production disruptions during the Atlantic hurricane season this year may c ... more
The primary goal of this paper is to develop a forecast for mobile WiMAX as an emerging technology using scenario planning and Bass model methodologies. To understand why these methods were applied in ... more
GAO Report: OIL AND GAS MANAGEMENT [PDF] Interior s measurement regulations and policies do not provide reasonable assurance that oil and gas are accurately measured. Interior s varied approaches ... more
A new online global map could soon help scientists better track and predict outbreaks of infectious diseases like H1N1 much the same way meteorologists can study and forecast the weather. The "S ... more
World oil demand to hit record high this year: IEA LONDON (Reuters) Global oil demand will hit a record high this year, the International Energy Agency (IEA) said on Tuesday, revising up consumpti ... more
Michael T. Klare: 'Two, Three, Many Afghanistans' "The struggle against violent extremism will not be finished quickly, and it extends well beyond Afghanistan and Pakistan," Obama declared at West Po ... more
Unbearable lightness?: To make cars frugal, they will have to become lighter and more expensive WHEN it comes to motor vehicles there is widespread belief at least in America that bigger is not ... more
High-dimensional data streams pose challenges to traditional clustering algorithm, due to their inherent sparsity and data tend to cluster in different subspaces of the entire feature space. In this p ... more
China Boosts Oil Imports 29%, Remains Net Fuel Buyer (Bloomberg) -- China, the world s second-biggest energy consumer, increased March crude oil imports by 29 percent from a year earlier and remaine ... more
UK: Record gas prices may be election issue "With the election campaign now in full swing, Britain's hard-pressed motorists will be keen to hear what the political parties have to say about the escala ... more
Raining on Rio's parade: An Olympic city faces a sudden loss of oil revenue THEIR new-found hoard of oil still lies 7,000 metres (23,000 feet) beneath the Atlantic Ocean, but the signs are that it has ... more
The Peak Oil Crisis: Countdown at the Guri Now, if you are wondering why a falling water level in the Venezuelan highlands should be if interest to Americans, the answer is easy. Despite years of pol ... more
Small business owners and entrepreneurs are well known for their ability act in the here and now while keeping one eye on the future. Both dreamers and pragmatists they build tomorrow out of the avail ... more
Jeff Rubin: New U.S. drilling will prove meaningless Maybe it s a gesture to the American right, which is still seething over the recent passage of Barack Obama s national heath care package in Co ... more
Peak oil man shifts focus to peak price, demand (Reuters) - The economic shock of global recession has led a prime exponent of the theory conventional oil output has peaked to shift his view of the co ... more
Michael Klare: Is the World s Future Resource Map Tilting East? Think of it as a tale of two countries. When it comes to procuring the resources that make industrial societies run, China is now the ... more
Lisa Margonelli: Drill Better Baby! Personally, I can't get too upset about the possibility of drilling off the coasts. While I love walks on unspoiled beaches, I don't believe we in the U.S. have any ... more
In this paper, we use recent advances in the financial econometrics literature to model the time-varying conditional variance in five energy markets ndash; crude oil, gasoline, heating oil, propane, ... more
Tesoro Blast Shows Pattern of Refinery Safety Problems, Investigator Says (Bloomberg) -- A blast and fire that killed five people at Tesoro Corp. s Anacortes, Washington, refinery yesterday may be t ... more
Countries Blame China, Not Nature, for Water Shortage BANGKOK In southern China, the worst drought in at least 50 years has dried up farmers fields and left tens of millions of people short of ... more
This paper describes domestic and international research results and proposes a method system of logistics park traffic impact analysis and organisation design optimisation. Firstly, the basis of logi ... more
Hedging against Peak Oil Shocks Many policymakers and pundits have made the case that the United States should become "energy independent." One economic interpretation of energy independence is that i ... more
This is a guest post by Jean Laherrère. As is his nature, Jean speaks more with graphs than words. This posts contains over 40 images amounting to 2 Mbytes of data; keep this in mind when proc ... more
(TrendHunter.com) When I first saw this Trend Forecast map mimicking a weather forecast, it provided a good demonstration of how images can be more informative than words. I have no idea where the d ... more
Saudi Arabia s Al-Naimi Awaits Recovery Before Boosting Output (Bloomberg) -- Saudi Arabian oil Minister Ali Al- Naimi said the nation could boost output by as much as 4.5 million barrels-a day onc ... more
Herman Daly: What Is a Green Economy? A green economy is an economy that imitates green plants as far as possible. Plants use scarce terrestrial materials to capture abundant solar energy, and a ... more
Analysis: U.S. to Reap Fruits of Deepwater Labor The Gulf of Mexico is expected to increase oil production over the next several years, largely due to ultra-deepwater field development. The MMS believ ... more
Pemex Ready to Link Contractor Incentives to Output (Bloomberg) -- Petroleos Mexicanos, Latin America s largest oil producer, is ready to offer performance- based contracts to reward foreign contrac ... more
This is a guest post by Kevin Rietmann, known as KLR on The Oil Drum. A collapse in demand for petroleum products happened in the late 1970s and early 1980s. JD, proprietor of the blog Peak Oil Debu ... more
The reconciliation proposal under fiery debate in Congress would shave $138 billion off the federal deficit over the next 10 years, according to a preliminary estimate by the Congressional Budget Offi ... more
This is a guest post by Kevin Rietmann, known as KLR on The Oil Drum. A collapse in demand for petroleum products happened in the late 1970s and early 1980s. JD, proprietor of the blog Peak Oil Debu ... more
It #8217;s time again for another small business news roundup at Small Business Trends. It #8217;s March 16 and we #8217;ve got plenty of tips and news. Invest a few minutes of your time, and we guara ... more
Made in the U.S.A.: Efficiency Materials While solar and wind manufacturers struggle to fend off Chinese competition, energy efficiency equipment seems to have no such problem. According to a recent ... more
Study sees efficiency as key to meeting energy needs The big buzz at the CERAWeek conference may be natural gas, but a new study says it's time to light a fire under energy efficiency to meet future e ... more
The curious story of Chinese oil refining The narrowing gap between current and forward crude oil contract prices in recent weeks has been been widely attributed to two things. OECD oil storage, the ... more
Researchers at Kuwait University predict world conventional oil production will peak in 2014. In a finding that may speed efforts to conserve oil and intensify the search for alternative fuel sources, ... more
Oil King Warns Of 'Green Bubble' It's Ghawar that is of utmost interest to the industry. The biggest oilfield ever found, it has been producing for five decades, often putting out more than 5 million ... more
How food and water are driving a 21st-century African land grab We turned off the main road to Awassa, talked our way past security guards and drove a mile across empty land before we found what will ... more
China lawmakers call for more crude, fuel reserves BEIJING (Reuters) - China should step up efforts to build up state reserves of crude oil and refined fuel to enhance the country's energy security, s ... more
Food production in Cuba plummets despite reforms HAVANA, Cuba - Food production in Havana province is 40 per cent below target this year, causing shortages in the Cuban capital despite reforms under ... more
Want the Good Life? Your Neighbors Need It, Too We live in a world of deep inequality, and the gap between the rich and the poor is widening. We in the rich world generally agree that this is a probl ... more
Want the Good Life? Your Neighbors Need It, Too We live in a world of deep inequality, and the gap between the rich and the poor is widening. We in the rich world generally agree that this is a probl ... more
Richard Heinberg: Life after growth - What if the economy doesn't recover? In late 2009 and early 2010, the economy showed some signs of renewed vigor. Understandably, everyone wants it to get "back t ... more
Food security tests Africa s unity agenda An immediate paradox is the reality that we continue to face hunger and poverty in a context where large tracks of agricultural land remain under- and unus ... more
Russia February Output Nears Post-Soviet Record on TNK-BP Gains (Bloomberg) -- Russia crude production neared a post-Soviet record in February as TNK-BP, the venture owned by BP Plc and a group of bi ... more
Researchers have discovered a new method for predicting -- with up to 99 percent accuracy -- the fate of stem cells. Using advanced computer vision technology to detect subtle cell movements that are ... more
North Sea oil 'viable for 30 more years' THE North Sea has a viable future for the next 30 years, or beyond, provided oil heads above $200 a barrel, an industry expert has forecast. Matt Simmons, the ... more
North Sea oil 'viable for 30 more years' THE North Sea has a viable future for the next 30 years, or beyond, provided oil heads above $200 a barrel, an industry expert has forecast. Matt Simmons, the ... more
John Michael Greer: Energy follows its bliss Industrial civilization is a complicated thing, and its decline and fall bids fair to be more complicated still, but both rest on the refreshingly simple f ... more
Oil shortage spills into water Looming oil and water shortages are interconnected and the world is only just waking up to the fact, says a leading proponent of the peak oil hypothesis. Matthew ... more
So Much for Russia as an "Energy Superpower" Just two years ago, Russia's energy reserves made it seem like a rising superpower and a Western bogeyman that could do anything it wanted. That was then ... more
Saudi Arabia to export solar power soon, US says Riyadh: US Energy Secretary Steven Chu expects that Saudi Arabia will emerge as a major exporter of solar energy and this could reach the current level ... more
Utilities Finding Peer Pressure a Powerful Motivator National Grid, the electricity and gas provider to several Northeastern states, last week announced the expansion of its Home Energy Report program ... more
A three-layer Artificial Neural Network (ANN) model was developed to forecast air pollution levels. The subsequent SO2 concentration (24-hour averaged) being the output parameter of this study was est ... more
Israel Urges Iran Oil Embargo Even Without U.N. Okay JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu called on Monday for an immediate embargo on Iran's energy sector, saying the U.N. ... more
U.S. January oil demand down 3.8 pct vs yr ago-API WASHINGTON (Reuters) - U.S. demand for crude oil and petroleum products fell sharply in January as the economy sputtered along the road to recovery, ... more
Crude diplomacy: Iraq, Iran and the politics of oil Iraq is now trying to recover its glory, with plans to quadruple production or more. This could transform the global oil industry; it also threatens ... more
U.S. January oil demand down 3.8 pct vs yr ago-API WASHINGTON (Reuters) - U.S. demand for crude oil and petroleum products fell sharply in January as the economy sputtered along the road to recovery, ... more
Jeremy Rifkin: The third industrial revolution My sense is that we're nearing an endgame for the modern age. I think we had two singular events in the last 18 months that signal the end. First, in Ju ... more
Climate Change May Spur Unstable Oil Prices, Regions, U.S. Says (Bloomberg) -- Climate change and U.S. reliance on fossil fuels could have severe consequences, including potential surges in oil ... more
The Wall Street Journal today has an article about the work of Britain's Industry Taskforce on Peak Oil and Energy Security that goes well beyond summarizing what the task force said in its report. Th ... more
National Review: National Security Goes Green The 2010 Quadrennial Defense Review report gives unprecedented attention to the issue of climate change. Previous QDR reports did not identify climate cha ... more
Global shift sees Europe oil refineries on the block Asian refiners want to take advantage of the crisis in European oil refining to buy up capacity from the majors, battered by 15 year-low margins, a ... more
Family values What is almost universal, however, is the public, socially integrated nature of the family. No matter how weird its form, the family is almost everywhere an economic and politic unit. As ... more
The Next Crisis: Prepare for Peak Oil Against the gloomy economic backdrop that Europe currently provides, siren voices shrieking that a potential energy crisis is imminent and could be worse than th ... more
The Wall Street Journal today has an article about the work of Britain's Industry Taskforce on Peak Oil and Energy Security that goes well beyond summarizing what the task force said in its report. Th ... more
We re running into oil rather than running out Oil pessimists explain that given its finite nature, the world s growing reliance on oil could soon lead us into a cold, 21st century Dark Age. They ... more
Back in October, I participated in the 2nd International Biophysical Economics Conference at SUNY-ESF in Syracuse, New York. Charlie Hall had written to me, inviting me to come and give a talk. Speci ... more
On January 18-20, 2010 Alvaro Fernandez and his team at SharpBrains put together a splendid line-up of speakers on a wide range of topics related to emerging brain fitness research, technologies, and ... more
Lower enrollment numbers and decreased revenues--as well as an increased percentage of revenue used for medical care--were major reasons behind a $49 million loss for HealthNet, Inc., for FY2009. In t ... more
Back in October, I participated in the 2nd International Biophysical Economics Conference at SUNY-ESF in Syracuse, New York. Charlie Hall had written to me, inviting me to come and give a talk. Speci ... more
More evidence that America is experiencing a jobless recoveryA WEEK ago, Americans were told that their economy had expanded for a second consecutive quarter, and rapidly at that: output grew at an an ... more
Mr. Gabrielli, the CEO of Petrobras, gave a presentation in December 2009 in which he shows world oil capacity, including biofuels, peaking in 2010 due to oil capacity additions from new projects bein ... more
Lower enrollment numbers and decreased revenues--as well as an increased percentage of revenue used for medical care--were major reasons behind a $49 million loss for HealthNet, Inc., for FY2009. In t ... more
Mr. Gabrielli, the CEO of Petrobras, gave a presentation in December 2009 in which he shows world oil capacity, including biofuels, peaking in 2010 due to oil capacity additions from new projects bein ... more
Open Letter to President Obama Dear President Obama, Your State of the Union speech last week laudably referenced clean tech and renewable energy several times. We ask that you follow your words with ... more
Climate change: 'Berkeley has a special obligation' The relationship between income and energy use is no coincidence, and recognizing that simple fact is an essential part of getting past the current ... more