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Posts in August 2006

• Oil Subsidies and the Excessive Savings of Poor Countries.

  Andy Rowell

  Aug28

  Why hasn’t the rising market price of oil plunged the world into a global recession? I’m not going to pretend I know the answer but a few otherwise unrelated articles I read today got me thinking about whether or not there is more to worry about than we might think. First, everybody seems to be…
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• Oil Industry “Hushing up” Corrosion Crisis

  Andy Rowell

  Aug25

  The oil industry is “hushing up” the extent to which corrosion is eating into pipelines and hitting production, according to an influential oil industry consultant who is also the head of the UK Royal Society of Chemistry. Richard Pike, who spent 25 years working for BP before becoming a consultant, argues that some of the…
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• BC Coast Under Threat from Oil and Gas Development

  Andy Rowell

  Aug25

  Once again the threat of oil and gas development looms over British Colombia’s wild and beautiful Pacific coast. For over thirty years there have been both provincial and federal moratoria in place to protect the coast from oil and gas development. But now the BC government is intensively lobbying the federal government to lift their…
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• Climate Change Causes Spring to Arrive Early

  Andy Rowell

  Aug25

  A Europe-wide study has provided “conclusive proof” that climate change is responsible for spring arriving earlier each year. Scientists from 17 countries have reviewed 125,000 reports involving 561 species. They have concluded that spring is beginning six to eight days earlier than 30 years ago.

• Sweden Attacks Baltic Gas Pipeline

  Andy Rowell

  Aug24

  Sweden’s Prime Minister, Goran Persson, has attacked an ambitious project to build a 750-mile gas pipeline beneath the Baltic Sea as a potential ecological disaster. Despite his comments the £3.4bn pipeline project –called the North European Gas Pipeline or NEPG – is going ahead.

• From Wales to Oz by Bus, Boat and Train

  Andy Rowell

  Aug24

  In just over a week’s time Barbara Haddrill will set off on a journey to attend her best friend’s wedding as a bridesmaid. But she is not going to fly the 10,000 miles from her home in Wales to Brisbane in Australia. She is going to go by bus, train and boat. After spending two…
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• Russian Oil Production Overtakes Saudi Arabia

  Andy Rowell

  Aug23

  The populist Russian newspaper, Komsomolskaya Pravda, ran the headline yesterday: “Russia takes first place in oil output rankings”. The story was based on OPEC figures showing that Russia is now extracting more oil than Saudi Arabia. The figures reflect a trend stretching back as far as 2002, but are being hailed by Russia as evidence…
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• The Electric Car Faster Than a Ferrari

  Andy Rowell

  Aug23

  Costing a mere $100,000, built by Lotus in England using components from around the world, and designed in Silicon Valley, the Tesla Roadster is ripping up preconceptions that electric vehicles are as slow and boring as golf carts. This one accelerates from 0-60 mph in four seconds – quicker than a Ferrari Spider – and…
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• Could BP’s Problems Lead to $300 a Barrel?

  Andy Rowell

  Aug22

  Matthew Simmons is well known within the industry for his predictions on peak oil. He first shot to prominence by arguing that Saudi Arabia was running out of oil and had inflated its reserves figures. His findings were published in the controversial book, Twilight in the Desert: The Coming Saudi Oil Shock and the World…
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• America Starts to Wean Itself off Oil

  Andy Rowell

  Aug22

  George W might have admitted that America is addicted to oil, but there have been two recent indicators showing the USA’s growing desire for alternative technologies. The American Wind Energy Association has announced that wind energy capacity in the US now exceeds 10,000MW for the first time. This growth has been driven partly by concerns…
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