Ever wondered how much of the oil price is pure hype or fear? Well there is an interesting article in today’s New York Times, which quotes Michael Rose, the director of the energy trading desk at Angus Jackson in Fort Lauderdale, Florida who says that “Crude is coming down because it was way too high,” … Read More
Day: September 19, 2006
OPEC Worries Over Climate Change
As climate change moves up the political agenda, with even rumours that President Bush is going to make an a massive U-turn on the subject, another bastion of sceptics is starting to worry about the subject – OPEC.At a recent OPEC conference in Vienna, Claude Mandil, executive director of the International Energy Agency told OPEC … Read More
Huge Potential in Renewables
Renewable energy provides just over 6 percent of total U.S. energy, but that figure could increase rapidly, according to a new report by the Worldwatch Institute and the Center for American Progress, “American Energy: The Renewable Path to Energy Security.”