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Detroit automakers, the UAW and their allies on Capitol Hill will launch an all-out blitz over the next few weeks for up to $50 billion in government loans over the next three years -- money the companies say would help them survive one of their darkest periods.

Canada's oil sands pose a significant investment risk as their development may be hampered by a government attempt to curtail the industry's rising carbon dioxide emissions, a report published Tuesday said.

A serious oil supply crisis is looming, which could push prices above $200 a barrel, a think tank has warned. A "supply crunch" will affect the world market within the next five to 10 years, the Chatham House report said. While there is plenty of oil in the ground, companies and governments were failing to invest enough to ensure production, it added. Only a collapse in demand can stave off the looming crisis, report author Professor Paul Stevens said.

To understand why fuel prices in the United States have soared over the last year, it helps to talk to the captain of a battered wooden freighter here. He pays just $2.30 a gallon for diesel, the same price Indonesian motorists pay for regular gasoline. His vessel burns diesel by the barrel, so when the government prepared for a limited price increase this spring, he took to the streets to protest.

The U.S. government said Thursday Canada holds the world's second-largest oil reserves, taking into account Alberta oil sands previously considered too expensive to develop.

SOUTH-SOUTH elders, youth leaders and organisations, weekend, described as an insult and an affront to the leaders and people of the region the plan by the Federal Government to draft one-time Minister of External Affairs and Under Secretary-General (USG) of the United Nations, Ambassador Ibrahim Gambari to preside over the forthcoming summit on the Niger Delta, saying they will not accept it.

A group of American advisers led by a small State Department team played an integral part in drawing up contracts between the Iraqi government and five major Western oil companies to develop some of the largest fields in Iraq, American officials say.

WASHINGTON -- Two years ago, the Alberta government parked a huge dump truck on the National Mall in Washington, announcing to U.S. lawmakers Canada was about to become the next big thing in global energy. It was an ostentatious display -- the yellow behemoth used in oilsands extraction stood five metres tall, with four-metre-high tires -- that helped put Alberta's oilsands on the map for a Congress deeply worried after 9/11 about the security of the U.S. energy supply.

Could the combination of record household and government debt, rising interest rates, soaring energy prices, the bursting housing bubble, a falling dollar and a little nudge in the right direction from Osama all conspire to create that perfect economic storm? Could it all just collapse on us here in the largest "economy" on earth? And if it does, what would the new America look like after the fall?

With the aim of ending a regulatory turf war, U.S. government agencies on Tuesday said they would work together to cut red tape and spur development of offshore renewable energy projects. Under the agreement, the Interior Department will have jurisdiction over offshore wind and solar energy projects, while the Federal Energy Regulatory Commission will oversee offshore projects that generate electricity from wave and tidal currents.

One of the nicer Friday News Dumps, this decision comes as a welcome and long overdue shift in government activity on carbon and other global warming gasses. The timing of the announcement, especially under the cover of Obama releasing torture memos from the Bush administration, is interesting - it's already becoming a regular thing for this administration to give it's opponents a few things to chew on in a very short period, and I would bet that many people are more fired up about the torture thing then this EPA ruling. On the other hand: this is a big deal for everyone, be you tree-hugger or capitalist overlord, because the new set of rules for how the country is going to respond to the climate crisis is coming into focus.

The US Chamber of Commerce on Thursday launched a campaign to promote "green projects" it said could proceed if only environmental groups, local governments and others would stop opposing sponsors' efforts to obtain sites and permits for the ventures. At a news conference at the chamber's Washington headquarters, officials said permitting and siting disputes, activist opposition and other "green tape" has killed or delayed "thousands" of coal, ethanol, natural gas, nuclear, transmission and wind projects.

As part of a public strategy to offset global warming, the president and Congress are considering possible "cap and trade" laws to limit the United States' carbon dioxide emissions. One question raised in this debate is the amount that such limits would cost United States taxpayers and consumers. Many scientists argue that carbon dioxide emissions are a significant contributor to global warming, and that humanity would benefit if the government did something to stop, or partly offset, global warming.

Reliable, accessible and affordable energy has been one of the primary pillars of American prosperity since the dawning of the Industrial Age. Unfortunately, many of the energy sources that we have always used have been seriously depleted or produce a dangerous build up of waste products in our common environment. As the people's representatives, Congress wants to help change that pattern by enabling and encouraging entrepreneurs, established corporations and private investors to make the long term investments that will be required to change a pattern of energy use that has been developing for almost 200 years. One attempt at making that possible was the Energy Policy Act of 2005, which established a program where the federal government would back loans for carefully selected projects whose payback profile did not exactly match the demands of the short term thinkers on Wall Street. Unfortunately, that bill put the burden of developing the program onto the Department of Energy, an organization that remains ill equipped for the task. Part of the reason is that the DOE is dominated by other considerations (protection of the nuclear weapons stockpile) and by the established energy industry that has no desire or incentive to make a big change in the current market.

As with most presidential campaign promises, Barack Obama's pledge of government openness isn't lasting long. A top gauleiter at the U.S. Environmental Protection Agency appears to be indulging in the same type of cover-ups that Democrats on the 2008 campaign trail so ardently accused the Bush Administration of conducting. Al McGartland, director of the EPA's National Center for Environmental Economics, has chastised the authors of an EPA study that knocked gaping holes of logic in the agency's decision to label life-sustaining carbon dioxide as a pollutant.

Ontario, Canada's economic hub, announced Monday the suspension of its plan to build two new nuclear reactors, citing concerns about vendor Atomic Energy Canada Limited's viability, and pricing. The provincial government said AECL's bid to build the two new nuclear power plants at its Darlington station, 43 miles (70 kilometers) east of Toronto, by 2018 was the only one to meet its terms and objectives. The project was to be the first step in the modernization of Ontario's aging nuclear fleet. France's Areva and Westinghouse Electric Company, a subsidiary of Japan's Toshiba, had also bid on the project in February.

Climate change legislation before Congress would boost electricity prices by about 20 percent by 2030, although most of the increases wouldn't begin until after 2020, a government analysis concluded Tuesday. The Energy Information Administration said the ability to contain the cost to consumers depends largely on whether the country is successful in a "large scale" expansion of nuclear power and renewable energy sources that do not emit greenhouse gases and the deployment of carbon-capture technology at coal plants. Legislation, already approved by the House and expected to be taken up in the Senate later this year, would require carbon dioxide and other greenhouse gas emissions be cut by 17 percent over the next 11 years and by 83 percent by mid-century. Opponents of the bill have said such a shift would lead to soaring energy costs, especially for electricity.

Ukraine's Cabinet of Ministers has approved a draft agreement with the Russian Federation and Kazakhstan about the joint participation in the International uranium enrichment center in Angarsk, Irkutsk region, Russia.

The House Natural Resources Committee has just announced hearings next week into the latest scandal to grip a federal agency under the Bush administration. Turns out an Interior Department agency in charge of collecting oil and natural gas royalties was compromised for years, investigators said, alleging that employees improperly accepted gifts from oil companies, handed out sweetheart deals, had sex with subordinates and used illegal drugs. As the Los Angeles Times described it, investigators spent two years examining the cozy relationship between the energy industry and the Minerals Management Service, an obscure Interior Department agency that issues lucrative drilling leases to energy companies and then collects royalties from leases of the land, which is owned by taxpayers.

This article will explain to you why the Totally Screwed-Up US Strategic Plan for the Caspian Basin has backfired and created a "megatrend" against America that may well be the doom of our nation.