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Monday, Sep 01st

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Oil Jumps To Above $101 Amid Rising Iran Tensions

Oil prices riseOil prices jumped to over $101 a barrel Tuesday amid concerns that rising tensions between Western powers and Iran could lead to crude supply disruptions.

By early afternoon in Europe, benchmark crude for February delivery was up $2.67 to $101.50 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 82 cents to settle at $98.83 in New York on Friday.

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The World Of Free Energy

There are dozens of other systems that I have not mentioned, many of them are as viable and well tested as the ones I have just recounted. But this short list is sufficient to make my point: free energy technology is here, now. It offers the world pollution-free, energy abundance for everyone, everywhere.

Free energy technology changes the value of money. The wealthiest families and the issuers of credit do not want any competition. It's that simple. They want to maintain their current monopoly control of the money supply. For them, free energy technology is not just something to suppress, it must be permanently forbidden!

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Regulators approve nuclear reactor design they say is safe

Regulators approve safe nuclear plantFederal regulators have approved a nuclear reactor designed by Westinghouse Electric that could power the first nuclear plants built from scratch in this country in more than three decades.

The Nuclear Regulatory Commission unanimously approved the AP1000 reactor Thursday. The certification, effective immediately, will be valid for 15 years.

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New Report Details Conspiracy to Delay, Weaken US Nuclear Safety in Wake of Fukushima

NRC“Regulatory Meltdown” Reveals Efforts to Improve Nuclear Safety Undermined by Four NRC Commissioners


As part of his ongoing investigation into U.S. nuclear safety since the Fukushima meltdowns, today Rep. Edward J. Markey (D-Mass.), Congress’s leading voice for nuclear safety, released a blockbuster new report that details how four Commissioners at the Nuclear Regulatory Commission (NRC) colluded to prevent and then delay the work of the NRC Near-Term Task Force on Fukushima, the entity tasked with making recommendations for improvement to NRC regulations and processes after the Fukushima meltdowns, the worst nuclear disaster in history. The Near-Term Task Force members comprise more than 135 years of collective experience at the NRC, and with full access to expert NRC staff completed a methodical and comprehensive review of NRC’s regulatory system.

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Renewable power trumps fossil fuels for first time

Renewable energyRenewable energy is surpassing fossil fuels for the first time in new power-plant investments, shaking off setbacks from the financial crisis and an impasse at the United Nations global warming talks.

Electricity from the wind, sun, waves and biomass drew $187 billion last year compared with $157 billion for natural gas, oil and coal, according to calculations by Bloomberg New Energy Finance using the latest data. Accelerating installations of solar- and wind-power plants led to lower equipment prices, making clean energy more competitive with coal.

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Inside the twisted remains of Fukushima nuclear plant

FukushumaYesterday, reporters travelled for the first time to the centre of Japan's radiation catastrophe, the still-dangerous power plant devastated by March's earthquake and tsunami. This is what they saw.

About three dozen journalists sat on two buses. We wore protective suits, double gloves, double layers of clear plastic booties over shoes, hair covers, respirator masks, and carried radiation detectors. As we drove to the Fukushima plant, we passed through a police checkpoint, and saw three towns – Naraha, Tomioka, Okuma – empty of all inhabitants. Among the abandoned homes was a flower shop with plants, withered and dead, still on display.

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Iraq Criticizes ExxonMobil on Kurdistan Oil Pursuits

ExxonA deputy prime minister overseeing the oil industry has issued a sharp rebuke to the largest American oil company operating in Iraq, ExxonMobil, over the company’s reported efforts to expand its oil holdings into the semiautonomous Kurdish region in the country’s north.

The statement from the official, Hussein al-Shahristani, said the central government had cautioned Exxon against pursuing oil deals in Kurdistan, which the government says will remain illegal until long-awaited rules can be worked out to split revenues among Iraq’s fractious regions.

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