Word: petroleum
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...global climate change. Evidence abounds that the earth is warming--melting ice caps, rising sea levels and perhaps even more intense hurricanes devastating our coasts. Most climate scientists believe the warming is directly related to rising concentrations of atmospheric carbon dioxide that have resulted from burning fossil fuels like petroleum. Instead of increasing our addiction to damaging fossil fuels, we should develop the political will to reduce our use. ALAN F. ARBOGAST DEPARTMENT OF GEOGRAPHY MICHIGAN STATE UNIVERSITY East Lansing, Mich...
...under Saddam; Ala Makki, a leader in the Muslim Brotherhood-linked Iraqi Islamic party, the largest Sunni political group; Dr. Hatem al-Mukhlis, a secular New York-based doctor and ally of former Prime Minister Ayad Allawi; and Sheikh Adnan al-Janabi, a secularist tribal leader and expert on petroleum...
...less damage than one might expect from 26 million gal. of escaped crude oil. But after another major spill near the Strait of Malacca, off Sumatra, Britain's Transport Secretary concluded that the number of substandard tankers on the seas was an ''international disgrace.'' A Shell International Petroleum report claimed that 20% of the world's fleet was unfit for duty...
World oil production is about to reach a peak and go into its final decline. For years, a handful of petroleum geologists, including me, have been predicting peak oil before 2007, but in an era of cheap oil, few people listened. Lately, several major oil companies seem to have got the message. One of Chevron's ads says the world is currently burning 2 bbl. of oil for every barrel of new oil discovered. ExxonMobil says 1987 was the last year that we found more oil worldwide than we burned. Shell reports that it will expand its Canadian oil-sands...
...still a multiple of the cost of energy from coal-fired power plants. Canada is extracting oil from the tar sands of Alberta for an amazingly efficient price of $15 to $20 per bbl., and the technology exists to convert the U.S.'s huge supply of coal into petroleum. This process, called coal liquefaction, creates a fuel that could power cars and is starting to look economically feasible. Conservation, too, benefits from technology: auto companies are suddenly getting more serious about boosting mileage by replacing steel components with materials like strong, lightweight carbon fiber...