News Stories relating to "oil shortage"

Is it the beginning of the end? According to a Swedish physicist, global oil production will peak sometime between 2008 and 2018 and then start to decline. Physicists have been right about this in the past.

In LiveScience.com, Melinda Wenner reports that, "Since 1956, when American geophysicist M. King Hubbert correctly predicted that US...

New biofuels technology can turn virtually any fat source, including vegetable oils and animal fat, into fuel to power jet airplanes. Soon we may not just be recycling or glass, paper and cans, we'll be recycling our cooking oil as well!

Researcher William Roberts says, "We can take virtually any lipid-based feedstock, or raw material...

According to a major geologist, if you think the world is on the verge of running out of oil or other mineral resources, you've been taken in by one of the biggrest myths about geology.

Eric Cheney says, "The most common question I get is, 'When are we going to run out of oil?' The correct response is, 'Never.' It might be a heck of a...

UPDATE - People who remember being in UFOs often describe them as being powered by magnets. Now an Irish high-tech company is using the same method to defy the standard laws of physics and create free energy, but they can't get other scientists to look at their invention.

Physicists at Sterorn in Dublin are inviting...

The news show 60 Minutes recently aired a report on vast oil fields that have been discovered in Canadian shale. We recently posted a story about huge oil reserves in Venezuela.Now it turns out the largest oil reserve in the world may be right here in the United States. Some scientists say that oil is not even a fossil fuel, but is being...

Designers assure us that the highways of tomorrow will be filled with lighter, cleaner and more fuel-efficient automobiles made in from recycled plastics (from things like soda bottles), wood pulp and cellulose.

Researchers at General Motors are pinning their hopes on a substance called carbon fiber, an extremely strong thin fiber made...

We've all heard about oil geysers, spurting up suddenly out of the ground, but nine-foot-high geysers spewing natural gas have suddenly sprung up in Oklahoma, and geologists aren't sure why.

Tony Thornton writes in The Oklahoman that, according to a local geologist, these are caused by gas leaking out of natural rock fractures, although...

Consumers beware: oil and gas prices may double our even triple this winter, according to Matthew Simmons, author of Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy. James Kunstler, author of The Long Emergency (a recent Dreamland show) agrees.

A cold winter has been predicted. Like most energy experts, he thinks...

James Kunstler, a recent guest on Dreamland radio who has written the book "The Long Emergency," recently gave a speech that absolutely every American needs to hear. He said, "Never before in American history have the public and its leaders shown such a lack of resolve, or even interest, in circumstances that will change forever how we live....

Gas prices are rising so quickly, in response to the situation in the Middle East and do disasters like Katrina, that university professors are researching how to save gas. However, gas prices tend to fall much more slowly, and experts say this is partly the fault of consumers.

How can this be when we feel like the victims? But a recent...

Will oil prices hit $380 a barrel? A new report warns thatcrude prices, now about $50 a barrel, could rise that muchby 2015. Energy Economists Patrick Artus and Moncef Kaabi,of the French investment bank Ixis-CIB, warn that in thenext 10 years, demand for oil?especially in China?willoutstrip supply by around 8 million barrels per day. Theydon't...

As China modernizes, it uses more oil, while an unstableMiddle East means there's less oil available. Oil wells arecurrently drilled 3 to 5 miles into the Earth's crust. If wedig deeper, will we discover more oil?

Geophysicist Russel Hemley says, "?Experiments point to thepossibility of an inorganic source of hydrocarbons at greatdepth...

One way to avoid Middle Eastern conflict and pricevulnerability would be to wean ourselves from oil. But whatelse could we use?Coal ispolluting and would increase global warming. The mainproblem is our cars?no alternative fuel has been discoveredyet that works in them and companies aren't trying todevelop one because it would be taxed higher...