"The vast tar sands of Alberta in Canada hold oil reserves six times the size of Saudi Arabia's. But this 'black gold' is proving a mixed blessing for the frontier town of Fort McMurray, fuelling both prosperity and misery. As the social and environmental toll mounts, Aida Edemariam reports on the dark side of a boom town" - Mud, Sweat and Tears.
posted by chunking express
on Oct 31, 2007 -
"The world is at the beginning of a structural change of its economic system. This
change will be triggered by declining fossil fuel supplies and will influence almost
all aspects of our daily life.
The new Oil Report from Energy Watch Group
makes a strong case that we have now passed peak oil. [more inside]
posted by roofus
on Oct 22, 2007 -
In the U.S., motorists do not pay their way.
The US government spends more on highways and other auto-related expenses than it receives from auto-related taxes, unlike almost every country in Europe. In a recent report [pdf], Mark Delucchi
calculates automobile-related costs and revenues in three different ways and concludes the subsidy is around 20-70 cents per gallon or $24-105 billion in 2002. But what are automobile-related costs, you ask? [more inside]
posted by salvia
on Oct 2, 2007 -
Genetically Modified Bacteria to make "Renewable Petroleum" (A biotech startup describes how it will coax petroleum-like fuels from engineered microbes within three to five years).
posted by ItsaMario
on Aug 2, 2007 -
Kinder Morgan oil pipeline ruptured near Vancouver, British Columbia
Thick, black oil dripped from lampposts, splattered across suburban lawns and crept into Burrard Inlet
after a geyser of crude spewed from a burst Kinder Morgan pipeline Tuesday. [google news]
Work crews ripped into the TransMountain pipeline
about 12:30 p.m., causing the oil to "explode," as one witness put it, from the ground and burble up from manholes, pouring down streets toward the ocean, according to witnesses.
Kinder Morgan bought the pipeline from a Canadian utility in 2005, and is known as a "poster child for pipeline problems."
More Kinder Morgan
posted by KokuRyu
on Jul 24, 2007 -
vivoleum ExxonMobil has hit upon a novel and renewable source of fuel
"Attendees paid 50 dollars a head to hear a speech from the National Petroleum Council, a group that also advises the White House on oil and gas matters.
It was rumoured a new joint energy policy from the Canadian and American governments was coming.
posted by nihlton
on Jun 14, 2007 -
"The Blessings-of-Civilization Trust,
wisely and cautiously administered, is a Daisy
. There is more money
in it, more territory
, more sovereignty
, and other kinds of emolument, than there is in any other game that is played. But Christendom has been playing it badly of late years, and must certainly suffer by it, in my opinion. She has been so eager to get every stake that appeared on the green cloth, that the People who Sit in Darkness
have noticed it – they have noticed it, and have begun to show alarm
. They have become suspicious of the Blessings of Civilization."
posted by homunculus
on Jun 13, 2007 -
This opinion piece
in Prospect magazine argues that perhaps the importance of the problems in the Middle East are overblown. Interesting read.
posted by zeoslap
on May 17, 2007 -
are the names of four artificial islands immediately off the Southern California port of Long Beach. From the shore
, they each look like an inhabited island paradise
, complete with waterfalls, interesting buildings, many palm trees and crazy nighttime party lighting
. In fact, they are offshore oil wells
, built on 10 acre Dubai-esque man-made islands created for the purpose of housing the oil wells
, and disguised so as to comply with local aesthetic standards.
posted by jonson
on Apr 11, 2007 -
"It took the Mississippi River 6,000 years to build the Louisiana coast. It took man (and natural disasters) 75 years to destroy it. Experts agree we have 10 years to act before the problem is too big to solve." [Via First Draft.]
posted by homunculus
on Mar 5, 2007 -
Venezuelan State TV aired a show yesterday in which they complained about a certain videogame
, in which the goal is to overthrow the "power-hungry tyrant who messes with Venezuela's oil supply." In Venezuela, people are a bit offended by the images
of Caracas being destroyed in the game, outside, some
people are offended because one of the owners of the controversial
company that created the game is Bono
, The Defender
of the Poor
, Bono, and they are trying to stop
posted by micayetoca
on Feb 7, 2007 -
Hitler's Carmaker: While GM was mobilizing the Third Reich, the company was also leading a criminal conspiracy to monopolistically undermine mass transit in dozens of American cities that would help addict the United States to oil.
--Edwin Black, author of IBM and the Holocaust
explains why the U.S. dependency on oil is no accident. Not everyone agrees
, of course.
posted by craniac
on Dec 27, 2006 -
The Specter of Recession in 2007
. With the US housing bubble falling for the first time in over a decade, oil traders are dumping inventories (and driving down prices) in fear of a US-led global recession brought on by the end of the biggest housing bubble in history. Previous
posted by stbalbach
on Oct 4, 2006 -