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Iranian natural gas seen as economic bright spot for Tehran

March 29th, 2013
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Published: March. 29, 2013 at 6:44 AM WASHINGTON, March 29 (UPI) -- Iranian natural gas production may be a bright spot in an energy sector otherwise stymied by a lack of foreign investment, the U.S. Energy Department said. The department's Energy Information Administration said the Iranian natural gas sector remains underdeveloped and most of those resources are used for domestic consumption. "In contrast to the decreasing oil production, natural gas development has been slowly expanding," the assessment said.

Oil Rises on U.S. Growth, Capping Longest Rally of 2013

March 29th, 2013
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West Texas Intermediate oil climbed for a fifth day, capping the longest rally this year, as the U.S. economy grew at a faster pace than previously estimated in the fourth quarter. Prices reached a six-week high as gross domestic product rose at a 0.4 percent annual rate, up from prior estimate of 0.1 percent, the Commerce Department reported today in Washington. Oil demand in the U.S., the biggest crude-consuming country, increased by the most since December in the seven days ended March 22, the Energy Information Administration said yesterday.

Romania plans to cut support for renewable energy

March 29th, 2013
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Fri Mar 29, 2013 9:42am EDT * Energy regulator wants less support for solar, wind, hydro * Pending changes catch renewable investors off guard By Luiza Ilie BUCHAREST, March 29 (Reuters) - Romania's government will cut its support scheme for wind, solar and small hydro renewable energy projects to avoid overcompensating investors, energy regulator ANRE said on Friday. Elsewhere in the European Union, countries such as Germany, Britain and Spain have either cut or plan to reduce incentives for renewable energy after years of strong government support.

International Monetary Fund wants energy subsidy reform

March 29th, 2013
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Published: March. 29, 2013 at 8:58 AM WASHINGTON, March 29 (UPI) -- The International Monetary Fund, in a new report, calls for eliminating energy subsidies worldwide. Energy subsidies are estimated to be $1.9 trillion, the equivalent of 2 1/2 percent of global gross domestic product or 8 percent of government revenues, says the IMF report "Energy Subsidy Reform: Lessons and Implications." The IMF assessment, which reviewed energy policies in 176 countries, shows that almost half of fossil fuel subsidies occur in OECD countries.

Peak Oil Review – March 25, 2013

March 25th, 2013
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"NY oil futures fell sharply on Tuesday then recovered by Friday’s close to end the week up slightly at $93.71. Brent futures, however, continued to slip all week closing at $107.66 as the wrangling over the Cyprus bailout continued. Brent’s premium to WTI closed out the week at $13.95, the lowest level in eight months..."

Seeking IT Volunteers

March 25th, 2013
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Give a Little,  Get a Lot  ASPO-USA has been working to develop a much greater capacity for outreach and communications. Developing robust and creative online tools for reaching and engaging new audiences is an important part of that effort.  Areas where we have particular needs include:   Website Development and Design Search  Engine Optimization Social Media [...]

Spring Member-Donor Drive

March 25th, 2013
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Need more reasons to become a part of ASPO-USA? Click here. It’s the beginning of spring—a time for renewal and new life.  It’s also time to renew your support for ASPO-USA (or a great time to start!). ASPO-USA is working hard to expand our capacity and elevate our work to a new level.  But we [...]

EIA Outreach—Next Steps

March 25th, 2013
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As reported in previous communications, key representatives from ASPO-USA met with senior officials the Energy Information Administration (EIA) in December.  We gained a lot of insights into how EIA conducts its analyses and projections and how ASPO-USA might cooperatively help improve the quality and transparency of EIA’s work. EIA gathers a tremendous amount of data [...]

Past Conference Videos Now Online

March 25th, 2013
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Every ASPO-USA conference for which video recordings are available can now be viewed online on ASPO-USA’s new home for video content—PeakOilTV. While these presentations from past conferences are not “new” (the collection goes all the way back to 2006!), much of the information and analysis they contain is still very relevant in a present-day context. [...]

Building University Partnerships

March 25th, 2013
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As an organization focused on research, critical thinking, and education—not to mention the energy issues that will greatly affect future generations—it is only natural for ASPO-USA to collaborate with educators and students.  ASPO-USA has always had strong ties with universities and the academic community, and is building on those relationships to develop even more substantial [...]

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