North Americans need a new energy strategy, one that focuses on energy efficiency and conservation. It has been proven to be much cheaper to invest in energy efficiency plans than to build more energy generating facilities such as power plants.
The 2006 World Energy Outlook examines current economic trends and analyses them in order to predict the future of the energy economy. The 2006 report urges the international community to invest heavily in energy efficiency in order to avoid a global econ
Today’s superpower struggle is over not the land itself but the hydrocarbons under it-believed to be among the world’s largest untapped fossil fuel resources.
Some energy experts say a permanent fuel crunch could be a disaster for the global economy because this decline in production would most likely happen at the same time that demand reaches an all-time high.
At present, we are told, demand is increasing while supply is insufficient as a result of oil companies’ under-investment during the 1990s, when oil prices were low. But now (says the business correspondent of The Guardian), “the majors are looking fo
Japan needs friends who are rich in natural resources, and Prime Minister Junichiro Koizumi made no bones about what he wanted from Uzbekistan and Kazakhstan when he became the first Japanese premier to visit the two countries last month.
The logistic curve, and its derivative the hubbert’s curve, has been widely used to model population growth. And it has been applied to model oil production by M. King Hubbert.
Almost everything in our modern economy is either made from oil or requires oil for its functioning or its transportation. As the price of oil begins to skyrocket, therefore, so will the price of everything else. The same happened on a smaller scale durin
The price of crude is down nearly 25 percent. Gasoline is down 75 cents a gallon. The press is full of stories of a great new oil find in the Gulf that could show the way to a cornucopia of oil. The Dow is pushing an all-time high, and financial analysts
The 2008 US presidential elections will be very important considering the implications of the coming peak oil crisis. The oil issue is likely to be downplayed during the 2006 elections. However, many major oil producing nations are quickly approaching dep
It is going to take a monumental change in thinking and habits in order to reduce our dependance on oil as an energy source. At the point of peak production we will find ourselves scrambling to compete for what fuel supplies remain. How will we deal with
