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30 May 2008 year (time zone GMT 00:00)  Number of sources in English: 4846
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Australia: Overcoming car culture a bit like waiting for Godot

30.05.2008 22:14    peakoil.com
Western Australia has a lot to teach the nation about learning to live with rising petrol prices. But its FuelWatch - or should that be FuelBotch - scheme to be launched federally, is the least of it. Some Perthites apparently


As Oil Prices Soar, Restaurant Grease Thefts Rise

30.05.2008 22:14    peakoil.com
The bandit pulled his truck to the back of a Burger King in Northern California one afternoon last month armed with a hose and a tank. After rummaging around assorted restaurant rubbish, he dunked a tube into a smelly storage

States grapple with fuel costs for school buses

30.05.2008 22:14    peakoil.com
RALEIGH, N.C. - The reality of rising fuel costs students in a Tennessee school district their bus ride to school this week on the last day of the year. That's a minor inconvenience compared with what might happen this fall

Diesel's Unintended Spillover

30.05.2008 22:14    peakoil.com
Want to know why oil is hovering around $130 a barrel? A big but overlooked factor is the tight market for diesel fuel, now averaging $4.72 a gallon at pumps in the U.S. Diesel is in strong demand partly because

Institutional Investors: The 'Dark Force' Driving Oil Prices Sky High?

30.05.2008 22:14    peakoil.com
I recently received an e-mail from a Wall Street friend on this very topic. He sent the powerful testimony of a money manager named Michael Masters, who appeared on May 20 before the Committee on Homeland Security. Describing himself as

In Light of Peak Oil, Financial Diversification Is a Bad Idea

30.05.2008 22:14    peakoil.com
For US investors, the realities of peak oil mean the following: energy prices will continue on an upward climb and therefore inflation will follow. The massive devaluation of the US dollar since Bush took office (>50%) will simply exacerbate the

Why are oil prices so high?

30.05.2008 22:14    peakoil.com
The obvious answer would seem to be because we are running out of it. Peak-oil enthusiasts have argued this for years, but the idea is creeping closer to the mainstream. In the New York Times Paul Krugman argued that prices

Toyota denies decision on Prius plant in U.S.

30.05.2008 22:14    peakoil.com
Report: Automaker in talks with GM about using Calif. factory TOKYO - Toyota said Friday that nothing had been decided yet on using its California joint venture plant with General Motors to produce its Prius hybrid — a move that

In the grip of oil

30.05.2008 22:14    peakoil.com
THERE may be a debate about the cause but there is no doubt about the effect: the world is on the verge of an energy crisis. The signs are everywhere. ...

Speculation -- but Not Manipulation

30.05.2008 22:14    peakoil.com
Speculation. Manipulation. As politicians, business leaders, and ordinary consumers try to grasp the causes and effects of the historic surge in oil prices, attention turns to dark notions of exploitative financial maneuvering. Are savvy traders cashing in -- or even

Intrinsically Safe Fiber Optic Communication Bridges Middle Distances in Profibus DP Networks

30.05.2008 16:14    hydrocarbons-technology.com
Fiber optic lines are capable of bridging more than ten times the distance provided by copper cables, enabling users to transfer signals with the same bandwidth from Profibus DP field devices via distances of 2km or more. Intrinsically safe ISpac

Case against climate change discredited by study

30.05.2008 14:15    peakoil.com
A difference in the way British and American ships measured the temperature of the ocean during the 1940s may explain why the world appeared to undergo a period of sudden cooling immediately after the Second World War. Scientists believe they

UK Gov Announces Two New North Sea Fields

30.05.2008 14:15    peakoil.com
As debate about the price of fuel taxes rages on in the UK and oil prices continue to rise, the government has announced plans to increase North Sea oil production with two new field developments. The developments - West Don

Shutdowns and plunging profits cast doubt on nuclear future

30.05.2008 14:15    peakoil.com
British Energy, the nuclear power group, reported a sharp fall in profits yesterday - the same day a series of mishaps at its stations left more than 60% of its capacity out of action. An unexpected shutdown at Hunterston on

UK power giant says energy industry on the brink of radical change

30.05.2008 14:15    peakoil.com
Britain's second biggest gas and electricity supplier, Scottish and Southern Energy, warned today the industry stood on the brink of radical change. Centralised fossil fuel fired generation would have to give way to a combination of energy efficiency and diversity

Troubled Silverjet stops flights

30.05.2008 14:15    peakoil.com
Business airline Silverjet has suspended all flights after failing to secure essential funding. Shares in the carrier were suspended earlier this month when it failed to obtain a critical $5m (£2.5m) loan. ...

Fuel prices spark holiday crunch as air surcharges soar

30.05.2008 14:15    peakoil.com
Families are facing holiday misery this summer after big airlines sharply increased fuel surcharges on their flights, bringing the era of cheap air travel to an end. Virgin Atlantic is imposing new charges today and, from Tuesday, British Airways long-haul

Loss of biodiversity threatens livelihoods of world's poorest

30.05.2008 14:15    peakoil.com
Mass extinctions of plants and animals could have a severe impact on the living standards of the poorest people on the planet and cost up to £40bn a year, the first major report into the economic impact of biodiversity loss

What a waste: dream of free energy turns into £3bn-a-year public bill

30.05.2008 14:15    peakoil.com
Britain's nuclear complex at Sellafield is Europe's biggest single industrial site and home to what was meant to be a huge fuel reprocessing system that would produce power while reducing the legacy of radioactive waste. It was built amid enthusiasm

Oil Can't Rise Forever, So It Stops

30.05.2008 14:15    peakoil.com
IF SOMETHING CAN'T GO ON FOREVER, IT WON'T." So said the late Herb Stein, the wise economist who served as Chairman of the Council of Economic Advisers under Richard Nixon. More importantly, Stein was thought a conservative by liberals and

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