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Driven by Global Warming, ԉt Is Quite Possible That 2010 Was The Most Extreme Year Since 1816

Think Progress, 24 June 2011

The pace of extreme weather events has remained remarkably high during 2011, giving rise to the question–is the “Global Weirding” of 2010 and 2011 the new normal? Has human-caused climate change destabilized the climate, bringing these extreme, unprecedented weather events? Any one of the extreme weather events of 2010 or 2011 could have occurred naturally sometime during the past 1,000 years. But it is highly improbable tha

Iran to maintain opposition to OPEC quota increase

Yahoo, 26 June 2011

Iran will continue to oppose pressure from consumer nations for an increase in oil cartel OPEC's output quota, its caretaker oil minister said on Sunday. "In accordance with the supply and demand situation, Iran will oppose raising OPEC's oil production quota ceiling at the next meeting (on December 14)," Mohammad Aliabadi told the Mehr news agency.

Mexico’s gasoline imports near record in May

Marketwatch, 25 June 2011

 Mexico's state-owned oil monopoly Petroleos Mexicanos , or Pemex, said Friday that gasoline imports were near a record high in May, and diesel-fuel imports reached their peak as the country continues to offset revenue from crude exports by buying fuel abroad.

IEA maps out barrel release

Upstream Online, 27 June 2011

Europe will release mostly oil industry refined products stocks while the US will tap government crude reserves as part of the International Energy Agency’s co-ordinated action to prevent high energy prices from stunting economic recovery.

Australian LNG: Frantic investment spurred by Asian demand

Globe and Mail, 27 June 2011

On a remote and ecologically sensitive island off Western Australia, one of the world’s most ambitious energy projects is being built. It is hoped it will transform the country into a natural gas exporter to rival market leader Qatar.

Opec calls for IEA oil release halt

Upstream Online, 27 June 2011

Opec has slammed the decision by the International Energy Agency to flood the market with 60 million barrels of oil, saying it should be “stopped immediately”.

Across Europe, Irking Drivers Is Urban Policy

New York Times, 26 June 2011

While American cities are synchronizing green lights to improve traffic flow and offering apps to help drivers find parking, many European cities are doing the opposite: creating environments openly hostile to cars. The methods vary, but the mission is clear — to make car use expensive and just plain miserable enough to tilt drivers toward more environmentally friendly modes of transportation.

As The IEA-OPEC Nash Equilibrium Collapses, Is A 1973-Style OPEC Embargo Next?

Zero Hedge, 26 June 2011

Last week's dramatic decision by the US administration to strongarm the IEA into releasing strategic petroleum reserves (of which the US would account for 30 million barrels, or half of the total), is nothing but yet another example of the hobbled and incredibly short-sighted thinking that permeates every corner of the Obama administration. Because as the

Release of Oil from the SPR ֠Desperately Trying to Fix the Economy

Our Finite World, 23 June 2011

The International Energy Association (IEA) announced a plan today to make 60 million barrels of oil available to the market over the next month from the Strategic Petroleum Reserve (SPR), in response to the disturbance in supplies from Libya. Half of this oil is to come from the SPR of the United States; the rest is to come from SPRs of other members of OECD.


443. Hon KEN TRAVERS to the minister representing the Minister for Transport: (1) Is the Roe Highway extension to Stock Road included in Main Roads WA’s 10-year asset investment plan?

(2) If yes to (1), according to the plan — (a) when is construction estimated to commence and be completed;

(b) what is the indicative cost for the project included in the plan; and

(c) what is the estimated total cost fo