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News
Sectarian conflict looms over Pakistan, says study
Sectarian violence marked by the Shia-Sunni conflict threatens to engulf Pakistan as the current century gets underway, predicts a new study released here last week.
The study, the first of its kind, was completed by Khaled Ahmed, contributing editor at Daily Times, who conducted his research during the last nine months as a visiting scholar at the Woodrow Wilson Centre here. Entitled Sectarian War: Pakistans Sunni-Shia Violence and its links to the Middle East, Ahmed notes that tens of thousands of lives have been lost in Pakistans sectarian war in the last two decades of the 20th century
Categories: News
US gasoline prices hit record as crude rises
American motorists are paying record-high prices at the pumps in the run-up to summer vacation season as operating problems at the nation's oil refineries cut deeply into fuel stockpiles, travel and auto group AAA said yesterday.
US average gasoline prices climbed to a record-high average of $3.073 a gallon yesterday, narrowly exceeding the previous peak hit after hurricanes knocked out refineries on the Gulf Coast in 2005, according to the daily survey of 85,000 service stations.
Categories: News
UK Shows What 10% Depletion Looks Like
i have just charted the pr may 2007 data given on p. 5.
UK oil and gas production
two questions:
is the summer fall in gas production because uk uses gas mainly for winter heating and has very little storage?
why does oil production fall in summer? do brits drive and fly less in the summer? maybe the august school holidays cause the economy to slow down?
Categories: News
Can Capitalism Be Green?
Capitalism has proven to be environmentally and socially unsustainable, so future prosperity will have to come from a new economic model, say some experts. What this new model would look like is the subject of intense debate.
Instead, greener, cleaner and dematerialised growth is seen as the solution to "one-planet living". Marks says these are necessary along with major reductions in resource use.
Categories: News
Urban green spaces could offset global warming until 2080s
Scientists looking at the effect global warming will have on our major cities say a modest increase in the number of urban parks and street trees could offset decades of predicted temperature rises.
The University of Manchester study has calculated that a mere 10% increase in the amount of green space in built-up centres would reduce urban surface temperatures by as much as 4°C.
Categories: News
Space solar power: why do we need it and what do we need to get it?
Professor Nocera makes it clear that neither conservation nor wind, nuclear, hydro, or biomass energy sources are going to be able, even when taken together, to fill the demand for energy that any reasonable standard of living will require. China and India alone will need more energy than is produced today by the entire planet.
So his solution is to go for solar energy in a big way. Above all, he wants us to use it make hydrogen fuel, using artificial photosynthesis instead of the more familiar photovoltaic process. That requires a number of scientific breakthroughs that Nocera claims are within reach. One certainly hopes so, but there is an alternative that is within our technological grasp: space solar power. The scientific and engineering principles are well understood. The biggest obstacles are cost, of course, and the will to do it.
Categories: News
Five Leaders Make Caspian Energy Security Agreement
Leaders from five European and Caspian Sea nations agreed Saturday to work together on energy security issues and on a possible extension to Poland of a pipeline carrying Caspian oil.
Polish President Lech Kaczynski, who met in Krakow with his counterparts from Lithuania, Ukraine, Georgia and Azerbaijan to discuss ways of lessening Russian dominance in oil and gas supplies, declared the gathering a success.
Categories: News
LNG is hot in energy-hungry U.S.
Energy companies have proposed 35 new U.S. terminals in 10 states and five offshore areas near the coast. Eighteen terminals have been approved by the Federal Energy Regulatory Commission.
The United States consumes about 60 billion cubic feet of gas per day -- about a quarter of its energy consumption. Gas heats more than 60 million U.S. homes and is the fuel of choice for generating power in many areas. At the same time, gas supplies are getting tighter.
Categories: News
National security consequences of oil dependency
The United States is the largest oil importer in the world, bringing in 13.5 million barrels per day (mbd), which accounts for 63.5 percent of total U.S. daily consumption (20.6 mbd).[1] Oil from the Middle East--specifically, the Persian Gulf--accounts for 20 percent of U.S. oil imports, and this dependence is growing. By 2017, the U.S. will be importing approximately 68 percent of its oil needs. Oil consumption represents 40 percent of America's energy needs, primarily used in ground and air transportation. The dependence of the U.S. and the global economy on oil is growing, which can have dire consequences for the economic well-being of the United States, our national security, and the American way of life.
Categories: News
With consumption of oil exceeding new finds, Peak Oil crisis is almost here
Peak Oil concerns arise not from the complete exhaustion of known reserves but the zero growth in world production of conventional oil in last six years. Simply put the world's consumers are using more oil than the oil companies are finding. Some oil fields e.g. in southern USA have been worked to exhaustion, with old pumps and pipes lying rusting in the Texan deserts. Other larger oil fields are slowly being worked to their exhaustion with the output of the world's three biggest fields - in Saudi, Kuwait, Mexico - in decline.
Categories: News
Bush doesn't want detente. He wants to attack Iran
In the next few days an unprecedented meeting between US and Iranian officials is expected to take place in Baghdad; both sides have insisted that discussions are limited to Iraq. Could this first official encounter since the Islamic revolution herald detente between Washington and Tehran?
The EU chose to follow Washington's lead. The proposals of the five members of the UN security council and Germany in June 2006 contained no guarantee of non-intervention in Iranian affairs. In response, Tehran suggested "that the western parties who want to participate in the negotiation team announce on behalf of their own and other European countries, to set aside the policy of intimidation, pressure and sanctions". Without such a commitment escalation is inevitable.
Categories: News
World's mayors hold climate change summit
Mayors and business leaders from more than 40 of the world's biggest cities were gathering in New York Monday for a summit devoted to combating climate change and cleaning up the environment.
Leaders from Seoul to Sydney and Mumbai to Mexico City are expected at the C40 Large Cities Climate Summit, billed as helping to reduce cities' greenhouse gas emissions and develop more energy-efficient infrastructure.
Categories: News
China's leap to fuel cells
If your city's air was as bad as Los Angeles' -- or worse -- you might do something about it, too. And if you could do it before half the people bought their first cars, all the better.
Shanghai could become the first city in the world to build an infrastructure to support the use of hydrogen fuel cells, analysts and automakers say.
Categories: News
Alternative Fuel Cars of the Future
We've heard it all before: Awesome alternatives to gasoline-powered carsclean machines that run on french-fry grease, recycled diapers, whateverwill save the planet. Yet we're still buying huge new cars equipped with gasoline engines whose basic technology wouldn't impress Ward Cleaver.
But a convergence of factorsrecent innovations, consumers fed up with high gasoline prices, and a now-obvious environmental crisismay finally be creating a tipping point. Auto manufacturers are pushing hybrid, diesel, natural gas, electric and other systems through R&D programs as fast as they can. But there won't be a single-point solution. "There's no silver bullet to deal with the challenges of climate change and energy security," says Joshua Cunningham, a program manager at the University of California at Davis's Sustainable Transportation Energy Pathways project. He predicts that gasoline will remain a dominant fuel until at least 2050.
Categories: News
Venezuela Fines Conoco Phillips $465M for Not Signing Away Refineries
Venezuela said Friday it had levied the largest tax bill in the nation's history on an oil project led by ConocoPhillips, the lone holdout in President Hugo Chavez's oil nationalization crusade.
The move comes only days after the nation's energy minister said Venezuela is in "conflict" with Conoco over its refusal to sign an accord recognizing the OPEC nation's takeover of four multibillion dollar Orinoco heavy crude projects on May 1.
Categories: News
Why a gasoline boycott won't work
The 'Don't pump gas on May 15' chain e-mail may be a natural response to record prices and profits, but experts say it'll do no good.
It's easy to hate Big Oil. Gasoline prices are at record highs, over $3 a gallon. Oil companies have so much cash they can't figure out where to spend it.
So when an e-mail arrives urging people to buy no gas on May 15 - saying it would take nearly $3 billion away from oil companies "for just one day" and promising a 30 cent a gallon drop in gas prices "overnight" - it's awfully tempting to go along, savoring that bit of guilty pleasure knowing you're sticking it to Exxon Mobil (Charts, Fortune 500), Chevron (Charts, Fortune 500), BP (Charts) or what ever oil company sells gas on your block. Don't be fooled. "A one-day boycott makes no sense whatsoever," said Tyson Slocum, energy program director at Public Citizen, a national consumer advocacy organization. "You're not reducing consumption, you're just buying on a different day."
Categories: News
Bush orders rules meant to curb greenhouse gases
WASHINGTON (AP) -- President Bush responded Monday to a Supreme Court ruling by ordering federal agencies to find a way to begin regulating vehicle emissions by the time he leaves office.
In a Rose Garden announcement, Bush said he wanted to move ahead, pending any separate legislative approaches. The new rules will "cut gasoline consumption and greenhouse gas emissions from motor vehicles," he said.
Categories: News
The Oil Drum: Depletion Levels in Ghawar
Ghawar is the largest conventional oil field in the world. The field is entirely owned and operated by Saudi Aramco, the nationalized Saudi oil company. Relatively little is known about Ghawar because the company and Saudi government closely guard field performance information and per-field production details. Available information is predominantly historical (pre-nationalization), from incidental technical publications, or anecdotal.
The reason to understand Ghawar is simple: If Ghawar is in decline, it is very highly likely that world supply has plateaued.
Categories: News
Power shortage in Pakistan will grow to 2,500MW in 2 months
The current spate of energy shortage would more than double to 2500MW in the next two months and the deficit would remain unmet even in the coming winter when demand for power falls drastically.
There will be no let-up in the load-shedding described as load management in official jargon both in summers and winters although it will fluctuate between 1400 to 2500MW beyond 2008-09. This shortage would prevail despite significant investments in system rehabilitation and load-management practices.
Categories: News
Nepal still facing petroleum shortage
Panic over poor availability of fuel continued throughout the country, as Nepal Oil Corporation (NOC) pumped out limited supply of oil amid the Indian supplier IOC's silence over issuing normal supplies to Nepal, local media reported on Monday.
While corporation officials expressed optimism about receiving "good news" from IOC on Monday, NOC deputy general manager Umesh Dahal told The Kathmandu Post daily the corporation did not receive any fuel on Sunday as it is a public holiday in India.
Categories: News