Dunce
Cap
by Richard R. Loomis and Susan
Salter
In spite of economic consequences we are moving rapidly toward
the implementation of a cap-and-trade system. Members of Congress
and each of the presidential candidates endorse the plan. Meet
Hillbamacain.
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Editor's
Note
Does anyone else find it strange that while we see headlines
galore about an economic slowdown and a possible recession, Congress
is bringing the CEOs of the major oil companies in to "defend" their
industry yet again?
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Reading |
Letters
to the Editor
November is mercifully just around the corner. The election
can't happen soon enough, what with the media constantly
feeding us Mr. Barack Obama and his desire for change....
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Reading |
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WORLD ENERGY FEATURED ARTICLES: |
Reciprocity
and Russia's Integration into the World Economy
Hayward, Dr. Tony
Group Chief Executive
BP p.l.c.
Russia experienced many positive changes leading up to the
new century, including rising incomes, employment and investment.
The oil and gas sector played a decisive role in that transformation.
The author describes his company's contributions to Russia's
success and highlights the notion of reciprocity - not just
foreign investment into Russia, but investment by Russian
companies overseas - as one means to integrate Russia into
the world economy.
Read
the Article |
Energy
Security for the Long Term
O'Reilly, David J.
Chairman and CEO
Chevron Corporation
n the mid-1980s California was still providing as much as
60 percent of the oil it consumed, and Alaska provided the
rest. California now produces less than 40 percent of its
oil, Alaska's contribution has shrunk to 20 percent and foreign
imports make up the rest. Like the nation as a whole, California
must develop a sustainable policy to ensure its energy and
economic security, and the author outlines some steps toward
such a policy.
Read
the Article |
 |
America's
Energy Strategy Must Be Shared by Asia
Bodman, Samuel Wright
U.S. Secretary of Energy
United States
The United States is working hard to make sure the world's
energy future is secure. It is creating technology-driven
solutions that promote global economic growth and sponsoring
programs that heighten awareness about reducing everyday
energy waste. But, as the secretary of energy points out,
the United States needs help from other nations, particularly
those in Asia, to ensure a bright energy future.
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the Article
|
|
Are
the International Oil Companies Running Out of Oil?
Bahorich, Mike
Director, Exploration and Production Technology
Apache Corp.
The world is not running out of oil, writes the author.
But are the international oil companies running out? The
author cites reasons to believe so - including the fact that
non-OPEC and non-FSU oil production peaked in 2002 and has
declined ever since - and recommends investment in research
and technology to increase production from recoverable reserves,
including old and marginal wells.
Read the
Article
|
|
May
2008 Issue
