oil

Will the United States Run Out of Oil? Sooner Than Expected, Report Says

July 8, 2009 / 2 Comments

Peak Oil has been a theory of immense discussion and though I don't get much of it, the comprehension that it has something to do with maximum oil production around the globe is ample for me and for the rest of you. I may not understand the basics of Peak Oil, but what I do know is that the global ...

12 Alternative, Alternate Fuel Sources to Oil

July 7, 2009 / 5 Comments

Stop the dependence on oil is the rallying cry.  Are there alternative, alternate fuel sources to oil? There are. Here are 12 of them ... Wind power - is a converted form of solar energy. The atmosphere warms differently. Hot air rises, reducing the atmospheric pressure at the earth's surface, and ...

Unexplored Oil and Gas Resources in the Arctic, Mostly Russian

May 29, 2009 / No Comments

They say the balance of power shifts with the control over natural gases and oil reserves. It might be the right notion with Russia, US, Canada and Denmark staking their claim over the region that falls north of the Arctic Circle. These countries would get back to staking their claims as scientists from the USGS in collaboration with international researchers have ...

Changing World Order? Splurge in Green Energy Could Cause Serious Damage to Gulf Economies

March 20, 2009 / No Comments

Made from the world’s excessive dependency on oil for energy— largely thanks to their huge oil exports, the gulf nations today have arguably some of the highest GDP on the planet. But with a green wave spreading across the planets and nations calling for a cut in relying on oil for energy, the Gulf countries are now worried about the ...

Crude Oil Recession: Oil Demand in US Drops to 2003 Levels

February 4, 2009 / No Comments

Irrespective of the reasons that have contributed to this, it is indeed heartening to see that the amount of crude oil that is being used currently in the US, has dropped to the consumption levels of 2003. According to the American Petroleum Institute, demand for oil in the U.S. in 2008 went down by 6% to 19.4m barrels/day. And while that ...

Water for Oil – Japan Has Low Electric Using Desalination Plant

January 12, 2009 / 1 Comment

Japan gets almost all of its oil from the Middle East and has nothing to give in return...except water. Ultra dry Middle East needs water, (doesn't everyone?) and must produce it from the salt water nearby. There's a consortium including Hitachi Plant Technologies Ltd. and Toray Industries Inc. that is developing a desalination plant. That's not new news. But the plant ...

Fuel-saving Cars – Key to Competitiveness, says Honda

October 28, 2008 / 1 Comment

Honda knows that fuel-saving cars and low inventory are the keys to staying competitive. The company also knows that saving fuel is saving our environment and producing cars on demand doesn't tax other global resources as well. Honda's President was interviewed - excerpts: "Compact cars like the Jazz (known as the Fit in Japan) remain stable in the region, but we are having ...

Exxon Green Ad Gets Banned in UK

September 5, 2008 / No Comments

An Exxon Mobil green ad was banned in the UK because it was said to be misleading, an ad-industry watch dog reported. “We concluded that the ad misleadingly implied that natural gas was one of the cleanest sources of energy and that liquefied natural gas was environmentally friendly,” ASA said in a statement. Exxon on the other hand said "they accurately stated ...

China Makes Move to Protect Marine Environment

September 3, 2008 / No Comments

As Bush made a move to protect the world's largest marine sanctuary, on the other side of the world there is another surprise leader in the protection of the marine environment - China. China held its first international drill against oil spills with South Korea off the coast of Qingdao. Some 500 people, one helicopter, one fixed wing aircraft and ...

What Lies Beneath The Arctic Ice

July 25, 2008 / No Comments

The U.S. Geological Survey has some insight into what lies beneath/near/on the Arctic Circle: An estimated 90 billion barrels of recoverable oil Enough oil to supply the WORLD's needs for nearly 3 years. Maybe 1.670 trillion cubic fee of natural gas About 13% of the world's undiscovered oil About 30% of the world's undiscovered natural gas About 20% of the world's undiscovered natural gas liquids Some 400 ...

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