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7 July 2008 year (time zone GMT 00:00)  Number of sources in English: 4438
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Lean times

07.07.2008 07:08    peakoil.com
Profits dwindle for gas-station owners even as fuel prices soar ...Longtime operators say this is the most difficult year they have ever seen. They face nearly nonexistent profits on gasoline, rapid growth in credit-card fees, and new competition from nontraditional


Oil price shock means China is at risk of blowing up

07.07.2008 01:17    peakoil.com
The great oil shock of 2008 is bad enough for us. It poses a mortal threat to the whole economic strategy of emerging Asia. The manufacturing revolution of China and her satellites has been built on cheap transport over the

Germany wants to build 30 windfarms

07.07.2008 00:23    peakoil.com
BERLIN (AFP) — The German government wants to build up to 30 offshore windfarms in a bid to meet its renewable energy targets, Transport Minister Wolfgang Tiefensee said in an interview published Sunday. Tiefensee told the Welt am Sonntag newspaper

Gordon Brown: wind farms are the future

07.07.2008 00:23    peakoil.com
Wind farms are an important part of the future when it comes to power generation and will help to cut energy bills according to the latest pronoucement from Prime Minister Gordon Brown on the subject. The county is in the

Energy policy trumps all other political issues

07.07.2008 00:23    peakoil.com
Public discourse these days focuses a lot of attention on issues of immediate interest to many Americans: high and rising gasoline prices, rising food prices, overly expensive health care, war in Iraq and other troubles in the Middle East, terrorism

Penguin in a coal mine? Woes signal sea trouble

07.07.2008 00:23    peakoil.com
The dwindling march of the penguins is signaling that the world's oceans are in trouble, scientists now say. Penguins may be the tuxedo-clad version of a canary in the coal mine, with generally ailing populations from a combination of global

Colombia finds biofuels bonanza in sugar cane

07.07.2008 00:23    peakoil.com
Ahead-of-the-curve planning, technological breakthroughs and government incentives have helped Colombia emerge as the No. 2 producer of ethanol in Latin America, behind Brazil, and a leader in the manufacture of biodiesel. "We took the initiative years ago and became a

Airlines shed weight as fuel costs soar

07.07.2008 00:23    peakoil.com
Next time you take to the skies you may find there are fewer pages in your in-flight magazine, your fork is slimmer and your plate feels different. Blame it on soaring oil prices. The seat you are sitting on may

High oil prices spur demand for low energy electronics

07.07.2008 00:23    peakoil.com
These days when customers walk into electronics stores, the first question they ask is how much electricity the fridge, washing machine or laptop computer they are contemplating buying consumes. "Energy savings were not exactly a hot topic among customers last

Ethiopia: Crop failure shows scale of food crisis

07.07.2008 00:23    peakoil.com
As the food crisis hitting the world's poor forces food security onto the agenda at today's meeting of G8 leaders in Japan, across the world in Ethiopia it has taken its toll on their most common source of nutrition. Poor

SKorea's Hyundai lowers sales target on weak demand

07.07.2008 00:23    peakoil.com
South Korea's top automaker Hyundai Motor on Sunday lowered its domestic sales target for 2008 due to weakening demand amid rising prices of oil and raw materials, company officials said. Hyundai said in a revised forecast that it expects to

India reveals its first climate change plan

07.07.2008 00:23    peakoil.com
In the wake of next week's G8 meeting in Japan, India released its first action plan for climate change earlier this week.The plan lacks a budget and plan of action at this point, but a Council on Climate Change, with

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