BP’s Latest Estimate Says World’s Oil Will Last 53.3 Years

OilPrice.com, By Andy Tully, July 13

According to BP, drivers whose vehicles rely on burning oil have a little more than a half-century to find alternate sources of energy. Or walk.

BP’s annual report on proved global oil reserves says that as of the end of 2013, Earth has nearly 1.688 trillion barrels of crude, [...]

Israel accepts first delivery of disputed oil from Iraqi Kurdistan’s pipeline

Tanker reportedly delivers disputed crude oil from Kurdistan’s new pipeline despite legal threats by Iraqi government.

Reuters, By Julia Payne, June 21

A tanker delivered a cargo of disputed crude oil from Iraqi Kurdistan’s new pipeline for the first time on Friday in Israel, despite threats by Baghdad to take legal action against any buyer.

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What Green Revolution? Coal Use Highest In 44 Years

OilPrice.com, By Nick Cunningham, June 18

U.S. President Barack Obama may be engaging in a “war on coal” with carbon regulations intended to shrink coal’s share of energy production, but worldwide, coal is in its strongest position in decades. In 2013, enough coal was burned to meet 30.1 percent of the world’s energy demands — [...]

Canadian Government Conditionally Approves 731-Mile Northern Gateway Tar Sands Pipeline

Climate Progress, By Katie Valentine, June 17

Canadian Prime Minister Stephen Harper conditionally approved the Northern Gateway Pipeline Tuesday, a major hurdle for the 731-mile twin pipeline system that will carry tar sands oil from Alberta to the west coast of Canada.

The approval is contingent on Enbridge meeting the 209 conditions for the pipeline [...]

Are We Underestimating America’s Fracking Boom?

Check Out Sasol’s Energy Complex in Lake Charles, La.

The Wall Street Journal, By Dennis Berman, May 27

Start with exotic Nazi technology, take a detour with South African apartheidists, and add a bit role for Iranian imams. What you have is—what else? —one of the most improbable and important American business stories of the [...]

A Top Obama Aide Says History Won’t Applaud the President’s Climate Policy

How the president has undercut proposed EPA regulations by moving the goalposts on climate change.

Harper’s “The Stream”, By Mark Hertsgaard, June 2

President Obama has just unveiled a new EPA regulation that would limit the emission of greenhouses gases from the nation’s power plants. This is his most high-profile attempt to combat climate change [...]

Indian president lays out new economic agenda

Pranab Mukherjee tells parliament government will encourage foreign investment and engage energetically with neighbours.

Al Jazeera, June 9

India’s new government will pursue an economic reform agenda that foresees introducing a general sales tax, encouraging foreign investment and speeding approvals for major business projects, the president has told parliament.

Pranab Mukherjee also said on Monday [...]

World Needs Record Saudi Oil Supply as OPEC Convenes

Bloomberg, By Grant Smith, June 9

OPEC ministers say they will almost certainly leave their oil-production ceiling unchanged when the group meets this week. What really matters for markets is whether Saudi Arabia will respond to global supply shortfalls by pumping a record amount of crude.

Just six months ago, energy analysts predicted output from [...]

China plan to cap CO2 emissions seen turning point in climate talks

Reuters, By Kathy Chen & Stian Reklev, June 3

Beijing – China said on Tuesday it will set an absolute cap on its CO2 emissions from 2016 just a day after the United States announced new targets for its power sector, signalling a potential breakthrough in tough U.N. climate talks.

Progress in global climate negotiations [...]

Russia joins global dash for shale in policy volte-face

Officials at the Kremlin are no longer dismissing shale’s promise as a mirage.

The Telegraph, By Ambrose Evans-Pritchard, May 26

St. Petersburg – Russia is launching a strategic drive to unlock its shale oil wealth as crude output stagnates and reserves run low in the West Siberian fields, aiming to replicate America’s technology leap in [...]

Cumbrian nuclear dump ‘virtually certain’ to be eroded by rising sea levels

One million cubic metres of waste near Sellafield are housed at a site that was a mistake, admits Environment Agency

The Guardian, By Rob Edwards, April 20

Britain’s nuclear dump is virtually certain to be eroded by rising sea levels and to contaminate the Cumbrian coast with large amounts of radioactive waste, according to an [...]

What’s in the trash this Friday? –> US Delays Review of Contentious Keystone Pipeline

AP, By Josh Lederman & Dina Cappiello, April 18

Washington – The Obama administration is extending indefinitely its review of the Keystone XL pipeline, the State Department said Friday, likely punting the decision over the controversial oil pipeline past the midterm elections.

In a surprise announcement as Washington was winding down for Easter, the State [...]

Old-school coal is making a comeback

McClatchy, By Sean Cockerham, April 17

Washington — Coal, the former king of American energy, is making a comeback after being left for dead in favor of cleaner-burning natural gas.

For years coal has been losing market share as the American fracking boom created a flood of cheap and abundant natural gas. But natural gas [...]

The “Purple Wedding” of Geo-Politics

Sorry if you don’t watch Game of Thrones on Sunday nights, you might not get the title reference. Suffice it to say, without needing to give a spoiler alert, that there’s vengeance and there’s payback.

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We Don’t Even Have to Lift a Finger

Someone buy this poor destitute man a shirt, please!

The morons in Conservativeville have been braying their lust for President Putin, the overweight exhibitionist who shoots sedated tigers and calls himself a hunter (no wonder rightwingers love him: he shoots guns at defenseless animals then calls himself a man). In turn, they call Obama [...]

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