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Saudi Arabia raises October crude oil prices
Saudi Aramco has raised official October selling prices for all crude grades for customers in Asia, the US, Northwest Europe and the Mediterranean Sea, Bloomberg has reported. The price of Arab Super Light crude increased by 75 cents a barrel to a premium of $1 above the benchmark Dubai price assessment published by Platts, a person familiar with the rates said. Among US shipments, Aramco increased Extra Light and Arab Heavy prices by 5 cents a barrel each to a premium of $1.20 a barrel above the Argus Sour Crude Index and to a discount of $3.3 a barrel below the benchmark for the denser grade. [AMEInfo.com]

Jordan invites bids for power project
Jordan's National Electric Power Co (Nepco) has issued a request for qualification (RFQ) to developers to build an independent power project (IPP) on a build-own-operate (BOO) basis at the capital, Amman, Meed has reported. The project is set to comprise a power generating facility with a capacity of 200-250MW using either diesel engine technology or combustion turbines operating in simple cycle with an expected annual capacity factor of 40%. The desired commercial operation date for the base bid and alternative bid is 2013-2014. [AMEInfo.com]

Re: Community (was: Is Thorium the answer?)
Henry - my thoughts precisely... However - given the magnitude of the changes what we are facing (and the dynamics of human behaviour over recent history)-

WattBusters Slashes Prices
Good news people. We've cut the price of many products on our website. Due to volume purchasing, WattBusters can now offer the same great products at lower prices and pass the savings on to you.

As products come to market, we are able to work with manufacturers to acquire larger lots of new and current items. With an eye toward cutting energy usage and the resulting reduction of pollutants in the air and water, we're excited by the positive impact each item brings to the environment. Changing a light bulb seems like such a small thing but when you add up all the energy-saving light bulbs being installed all over the country, we're making BIG changes.

How guilty is BP?
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/09/how_guilty_is_bp.html BP's CEO Tony Hayward: We had too many people that were working to save the

Re: Goldman Sachs Said to Shut Principal Strategies Unit
Thanks Gerry, That's been pretty much my assumption without wading through the intimate details. Too bad Volcker's original proposals were watered down so

Re: Community (was: Is Thorium the answer?)
... Indeed. It's funny too, because "ordinary citizens" think I'm Cassandra re-incarnated, but among many peak oil personalities, I can be perceived as a bit

Re: Is Thorium the answer?
I agree, we do need to get out of the solutions mentality and get with the program; our way of life needs to be re-imagined. But it sets me off when people

Goldman Sachs Said to Shut Principal Strategies Unit
http://www.bloomberg.com/news/2010-09-03/goldman-said-to-shut-principal-strategies-unit-to-comply-with-volcker-rule.html

Is Thorium the answer?
http://www.telegraph.co.uk/finance/comment/7970619/Obama-could-kill-fossil-fuels-overnight-with-a-nuclear-dash-for-thorium.html Obama could kill fossil fuels

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