Category: Energy Matters

The twentieth century way of life has been made available, largely due to the miracle of cheap energy. The price of energy has been at record lows for the past century and a half.As oil becomes increasingly scarce, it is becoming obvious to everyone, that the rapid economic and industrial growth we have enjoyed for that time is not sustainable.Now, the hunt is on. For renewable sources of energy, for alternative sources of energy, for a way of life that is less dependent on cheap energy. 

BHP writes down US shale assets by $US2.8b

admin /3 August, 2012

BHP writes down US shale assets by $US2.8b Date August 3, 2012 – 10:07AM 22 reading now 47 Read later inShare Email article Print Malcolm Maiden’s preview of the shale writedown BHP Billiton has had to write down the value of its American shale gas assets by $US2.84 billion ($2.7 billion) and it also cut Continue Reading →

Drought strains U.S. oil production

admin /2 August, 2012

Drought strains U.S. oil production By Steve Hargreaves @CNNMoneyJuly 31, 2012: 4:55 AM ET Email Print Excavators prepare water for the oil industry in Kansas. The drought is restricting water available for fracking, which could harm U.S. oil production. NEW YORK (CNNMoney) — One of the worst droughts in U.S. history is hampering oil production, Continue Reading →

Nuclear power is too dangerous to continue

admin /2 August, 2012

Nuclear power is too dangerous to continuePost-BulletinNuclear weapons production is joined at the hip to nuclear power plants. Nuclear weapons useplutonium (produced as high-level radioactive waste at these power plants). Nuclear weapons proliferation around the world relies first and foremost on a country …See all stories on this topic » Fukushima disaster tour visits UkiahUkiah Daily JournalYamada’s monthlong, U.S. tour includes stops in Northern Continue Reading →

A New Way To Fracture Oil and Gas Wells

admin /1 August, 2012

Oil Price Daily News Update What the Future Holds for Our Oil Based Economy Rail May Hold its Own Against Pipelines IAEA Says Nuclear Energy Will Go From Strength to Strength A New Way To Fracture Oil and Gas Wells Using Geoengineering to Control the Climate A New Global Pattern is Emerging Which Will Dictate Continue Reading →

BP adds $847m to Deepwater Horizon costs

admin /1 August, 2012

BP adds $847m to Deepwater Horizon costs Gulf of Mexico oil spill continues to plague BP more than two years on as it reveals another $847m hit to cover legal costs Share16 Email Press Association guardian.co.uk, Tuesday 31 July 2012 08.26 BST BP’s total bill for the Deepwater Horizon disaster is now $38bn. Photograph: Gerald Continue Reading →