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We will never have cheap oil again

The Independant, 30 April 2008

When this wave of higher oil prices subsides, is it going to be business as usual? After the oil shocks of the 1970s and early 1980s, the oil price came back down and we went pretty much back to our bad old ways. But this time it feels different.

The power struggle

The Independent, 30 April 2008

The price of power and who foots the bill for Britain's rocketing energy costs took centre stage yesterday as the oil giants Shell and BP unveiled huge combined profits of £7.2bn, made in just three months, and consumers were hit with a new round of steep rises in prices from gas and electricity to air travel.

Rearming the world

Boston Globe, 27 April 2008

Driven mainly by anxiety over oil and natural resources, countries are building their arsenals of conventional weapons at a rate not seen in decades, beefing up their armies and navies, and forging potential new alliances that could divide up the world in unpredictable ways.

Brown wants profits poured into North Sea

The Guardian, 30 April 2008

Gordon Brown stepped into a growing row about oil company profits yesterday, calling on BP and Shell to spend more of their combined £7bn first-quarter earnings on activity in the North Sea. The [UK] prime minister's comments came as lorry drivers took a protest on the soaring cost of petrol to central London, while other motoring organisations and environmentalists accused the oil industry of profiteering at the expense of car drive

Opec says oil could hit $200

Financial Times, 28 April 2008

Opec’s president on Monday warned oil prices could hit $200 a barrel and there would be little the cartel could do to help. The comments made by Chakib Khelil, Algeria’s energy minister, came as oil prices hit a historic peak close to $120 a barrel, putting further pressure on global economies.

Surefire gas cost-cutter: Drive slower

San Francisco Chronicle, 28 April 2008

While gas prices at or near $4 a gallon have persuaded some Bay Area motorists to take public transit, join carpools or curse the oil companies, the high cost of fuel has moved few drivers to practice a proven gas-saver – driving slower.

China fuel import surge may vanish after Olympics

Reuters, 28 April 2008

The surge in China's gasoline and diesel imports this year has given an unexpected fillip to world oil prices, but that extra demand may vanish this autumn as Beijing unwinds a series of pre-Olympic measures.

Oil’s Wakeup Call

Forbes, 5 March 2008

Oil at $100 a barrel is a wakeup call for investors and politicians alike. You can't blame ExxonMobil for making $11 billion quarterly. Prices are set by the futures market, not in boardrooms or coffee houses in Riyadh.

Emergency Ride Home Program

The Emergency Ride Home (ERH) program provides commuters who regularly vanpool, carpool, bike, walk or take transit with a reliable ride home when life’s unexpected emergencies arise. Concerns about immediate transportation, in the event of an emergency or schedule conflict, often hinders commuters from using an alternative to driving alone.

Transport policy on road to climate disaster, says new report

Greenhouse gas emissions from cars and trucks are currently growing so fast that national emission reduction targets will be impossible to achieve; biofuels are causing hunger and deforestation for little or no benefit; and new motorways make carbon pricing more painful for vulnerable households. These are just some of the warnings contained in a new report submitted to the Garnaut Climate Change Review.