Energy world is in a new mode The title of this year’s conference, “Energy: Building a New Future,” reflects that renewed optimism. But it also suggests that, while the worst of recession may be over, what’s ahead for the industry is unlikely to look anything like the past. That’s true not only in the short term, when the biggest issue … Read More
A few weeks ago we mentioned the possibility in a future Campfire of discussing paying down debt. I know some readers often talk about paying down debt as being a priority. I personally have been more iffy on the subject–maybe for some people, in some situations, but maybe not for others in other situations. What do you think? We know … Read More
John Kinhart gave us permission to reprint this piece from sorrycomics . Is this your view of peak oil? Or do your see things differently?
Original Source of The Peak of Humanity - John Kinhart’s Comic
CERAWEEK - Stable oil prices shouldn’t breed complacency HOUSTON (Reuters) - Oil company executives should not get too complacent about how oil prices settled in the $70-$80 a barrel range over the last several months as the economic recovery has yet to catch up, the head of consultancy IHS Cambridge Energy Research Associates warned ahead of the CERAWeek conference next … Read More
Much has been made of the destruction or loss of data from the files of the Climate Research Unit (CRU) of the University of East Anglia. Dr. Phil Jones, the Director until this all became public, did not do himself much benefit with his remarks before the Commons Select Committee in the UK that is looking into the Climategate matter. … Read 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 problem we ought to help fix—but that the real beneficiaries will be the billions of people living in poverty. After all, … Read More
The Haradh III development at the southern tip of the Ghawar oil field in Saudi Arabia, completed in 2006, has been portrayed by the national oil company Saudi Aramco as the turning point in the battle between geological adversity and engineering prowess. The poorest reservoir rock in Ghawar has succumbed to the latest in well and drilling technology. Aided by … Read More
In solar thermal applications, there are three different heat ranges, with different uses. According to Wikipedia , Low temperature collectors are flat plates generally used to heat swimming pools. Medium-temperature collectors are also usually flat plates but are used for creating hot water for residential and commercial use. High temperature collectors concentrate sunlight using mirrors or lenses and are generally … Read More
The Peak Oil Crisis: China’s Year of the Tiger With each passing day, it is becoming increasingly likely that the future of our gasoline prices and consequently our economic well-being over the next few years will be determined by what happens with China’s economy. For over 30 years, China’s GDP has grown at an unprecedented 10 percent a year allowing … Read More
Crude oil prices were higher Tuesday as investors were more optimistic that a plan to help the Greek economy will be forthcoming soon. Additionally, there were hopes that demand will improve, while the US dollar weakened to make oil less expensive for buyers making purchases with other currencies. The Energy Information Administration’s weekly US inventories report is
Original Source of … Read More