You are hereArchive - Jun 20, 2008
Archive - Jun 20, 2008
Oil prices soar, leaders gather for Saudi Arabia summit, OPEC president says output increase would be "illogical and irrational"
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Oil prices surged as some members of the Opec producers' cartel rejected demands to increase output ahead of tomorrow's meeting in Saudi Arabia to discuss soaring fuel costs. The president of Opec, Chakib Khelil, said yesterday that it would be "illogical and irrational" for it to increase output.
On Thursday oil prices fell sharply - around $5 a barrel - after Saudi Arabia announced a production hike of 200,000 barrels a day and China increased fuel prices by dropping subsidies.
But yesterday, New York's main oil futures contract, light sweet crude for July delivery, jumped $4.27 to $136.20 a barrel at one stage and in London Brent North Sea crude for August rose $3.46 to $134.46.
Venezuela initially refused to attend the meeting, but energy minister Rafael Ramirez reportedly changed his mind at the last minute after blaming speculators and the falling dollar for the high prices. Meanwhile, Iran said raising output would not curtail prices.
Saudi Arabia, the world's largest producer and the de facto leader of Opec, called the summit in the hope of easing the strains on consuming economies caused by soaring oil prices.
Brilliant! Portugal clean-tech: world's biggest, £250m solar farm on abandoned land, less dependence on oil & gas
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5 June 2008
World's biggest solar farm at centre of Portugal's ambitious energy plan in country without oil or gas
From a distance the bizarre structures sprouting from the high Alentejo plain in eastern Portugal resemble a field of mechanical sunflowers. Each of the 2,520 giant solar panels is the size of a house and they are as technically sophisticated as a car. Their reflective heads tilt to the sky at a permanent 45 degrees as they track the sun through 240 degrees every day.
The world's largest solar photovoltaic farm, generating electricity straight from sunlight, is taking shape near Moura, a small town in a thinly populated and impoverished region which boasts the most sunshine per square metre a year in Europe.
When fully commissioned later this year, the £250m farm set on abandoned state-owned land will be twice the size of any other similar project in the world, covering an area nearly twice the size of London's Hyde park. It is expected to supply 45MW of electricity each year, enough to power 30,000 homes.
Portugal, without its own oil, coal or gas and with no expertise in nuclear power, is pitching to lead Europe's clean-tech revolution with some of the most ambitious targets and timetables for renewables. Its intention, the economics minister, Manuel Pinho, said, is to wean itself off oil and within a decade set up a low carbon economy in response to high oil prices and climate change.
"We have to reduce our dependence on oil and gas," said Pinho. "What seemed extravagant in 2004 when we decided to go for renewables now seems to have been a very good decision." read more »
With bare essentials, just crumbs to eat, young hikers lost for 6 days in 9,400-square-mile Denali National Park, Alaska, found
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DENALI NATIONAL PARK, Alaska (AP) — Two young backpackers rationed peanut butter sandwiches and granola bars, growing hungrier as they wandered for six days in the dense vegetation of Denali National Park. Erica Nelson and Abby Flantz were down to their last granola bar Wednesday, the day they were rescued. Trekking through the remote park, they regularly clicked on their cell phone until they finally found reception that led to their rescue. "We got a signal and I said, 'Wow, I have to call my mom,'" Nelson told reporters before heading with her family to Houston, where she plans to serve as maid of honor Saturday in her sister's wedding.
What started as an overnight hike June 12 turned into an intensive search that cost more than $118,000 and sometimes involved 100 people from volunteer groups and state and federal agencies, according to park spokeswoman Kris Fister. Rangers estimate the women logged at least 20 miles before they were picked up by a helicopter crew outside the northeastern side of the 9,400-square-mile park, Fister said.
Nelson, 23, of Las Vegas and Flantz, 25, of Gaylord, Minn., had no idea they had trigged a search of that magnitude. They were reported overdue when they failed to show up at work Saturday at Denali Princess Wilderness Lodge, a hotel outside the park. But after a few days of being lost, they did figure that people might be concerned. "We were gone long enough, we knew there might be searches for us, but we didn't know it would be this big," Flantz said.
The women said they each packed only bare essentials, such as two sandwiches and granola bars, thinking that would be enough for their short trek. They brought a compass and a map but still lost their bearing, mistaking one river for another. They tried to follow the river, but that proved impossible many times, Flantz said. "There were steep hills, so we had to get away from them and there was this high brush we had to push through," she said. "I cried a little bit, but not much."
The days wore on and they rationed their food, but ran out of water and drank river water or melted snow. They ripped up a shirt to bandage scratches and blisters. Hiking exhausted them, but they trudged on when the weather was good, hoping their destination was over the next bend. At night they slept in a tent. Along the way, they saw plenty of bear tracks, steering far from the fresh prints. The only wildlife they saw, however, was a porcupine. The last couple of days it rained, so they mostly stayed in the tent, conserving their waning energy.
By Wednesday, the cell phone's battery was weak, but Nelson finally got through to her mother, Ellane, who was listening to park officials give a morning briefing on the search. That was the day Nelson's sister, Alecia, and her future brother-in-law were to decide whether to postpone their wedding. Nelson told her mother she and Flantz were alive and well but gave the wrong location of their whereabouts, so searchers couldn't find them. She called her mother again about 3:30 p.m., and officials told her to hang up and text message instead to save the dying battery. Then they were able to locate the signal several miles north of the 100-square-mile area they had been searching.
The search area, about 180 miles north of Anchorage, is a mix of national park and state-owned lands. It includes dense alder and willow, some black spruce forest, but also miles of tundra. Flantz, who plans to return to work on Saturday, said she's not giving up on outdoor adventures — but next time she'll be better prepared.
Officials said it was unlikely the women merely decided to extend their camping trip. Nelson was scheduled to fly Sunday night to Houston so she could be maid of honor in her sister's wedding. Nelson said she thought a lot about her sister when she was lost. "The whole time I was just, we got to keep going. I got to make it to her wedding," Nelson told KTUU.
Fister said she believed the wedding was still on.
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Photos courtesy of AP Photo/Matt Hage and Laurent Dick
Original Source: Associated Press and KATU
