Energy Non-Crisis: America Sitting on Vast Oil Reserves
• Mondoreb & RidesAPaleHorseRecently discovered oil reserves are larger than Saudi Arabia's and could power America for the next 200 years--if they're able to be utilized.
Contents Pages by Subject
Energy
Gas Prices: Tax Coffers Fill as Wallets Empty
• MondorebOil companies aren't the big winners in rising gas prices--federal and state governments are. In California, lawmakers are fighting over how to spend the extra $8 billion.
X Prize Announces New Challenge: A 'Green' Car
• www.livescience.comIn the races, the cars will have to hit a minimum speed and achieve a fuel efficiency of at least 100 miles per gallon of gasoline energy equivalent. They must also be ready for production on the market. No flashy concept cars please.
Solar energy trumps shade in California prosecution of tree owner
• Christian Science MonitorThrough California's obscure 1978 Solar Shade Control Act, which criminalizes the shading of solar panels by trees – resulted in the Santa Clara Co. District Attorney prosecuting Mr. Treanor and Ms. Bissett for their predating backyard trees.
Gas in a California community hits $5.20 a gallon
• APThe reason for consumer hostility is that the station is serving up what might be the costliest gas in the land. This week, as crude oil flirted with $110 a barrel and gasoline prices surged nationwide, a gallon of regular at Amerigo was going for $5
Maui drivers watch gas prices reach $4
• APThe pump finally stopped at $97.20, which put 24.5 gallons in his Chevrolet Avalanche. He was elated about living on Maui and being reunited with his pickup truck, but he wasn't so thrilled about paying nearly $4 for a gallon of regular.
Gold tops $1,001 per ounce on futures market
• MarketWatchGold futures briefly broke the psychologically important level of $1,000 an ounce Thursday, propelled by ongoing dollar weakness and bleak news from the financial sector.
The Energy Non-Crisis
• Arizona CHANGELindsey Williams talks about his first hand knowledge of Alaskan oil reserves larger than any on earth.
Rush for biofuels threatens starvation on a global scale
• London TimesThe rush towards biofuels is threatening world food production and the lives of billions of people, the Government’s Chief Scientific Adviser said, putting himself at odds with ministers committing Britain to large increases in the use of biofuels
Crude Oil Rises Above $108 a Barrel
• Bloomberg.comOil in New York surged 80 percent over the past year as the S&P 500 and Dow averages dropped. China, the second-biggest oil- consuming country, increased crude-oil imports by 18 percent last month....
Gasoline prices hit new high, seen jumping more
• ReutersU.S. average retail gasoline prices have reached a new high of almost $3.20 per gallon and will likely jump another 20 to 30 cents in the next month, worsening the pain of consumers struggling to make ends meet in an economic downturn.
Algeria, Iran, Quatar, Russia negotiating creation of OPEC-like gas cartel
• InterFax.news.comAlgeria, Iran, Qatar, and Russia are holding consultations on the creation of an OPEC-like gas cartel, with the structure of the organization being the main topic on the agenda, Ansari said.
Soaring Food Prices Caused by Biofuel Production Putting U.S. Emergency Aid in Peril
• Washington PostUSAID officials said that a 41 percent surge in prices for wheat, corn, rice and other cereals over the past six months has generated a $120 million budget shortfall that will force the agency to reduce emergency operations. That deficit is projected
Famed geneticist creating life form that turns CO2 to fuel
• Rawstory.comGeneticist Craig Venter disclosed his potentially world-changing "fourth-generation fuel" project at an elite Technology, Entertainment and Design conference in Monterey, California.
House OKs bill to raise gas prices, subsidize corn farmers
• ReutersThe US House voted to repeal $18 billion in tax breaks for big oil companies to help pay for developing renewable energy sources. The bill extends tax credits for producing energy from wind, solar, geothermal, cellulosic ethanol, biofuels and other r
$4 a gallon gasoline predicted by spring
• IHTGasoline prices, which for months lagged the big run-up in the price of oil, are suddenly rising quickly, with some experts fearing they could hit $4 a gallon by spring. Diesel is hitting new records daily and oil closed at an all-time high on Tuesda
U.S. gasoline prices rise to $3.10 a gallon
• ReutersThe national average for self-serve, regular, unleaded gas was $3.1011 per gallon on February 22, up 15.88 cents from two weeks earlier, and up 75.24 cents from a year ago, tracking a rise in crude oil prices.
Air Powered Car Coming to The U.S. in 2010
• PopularMechanics.comThe six-seat modified version of MDIs CityCat that, thanks to an even more radical engine, is said to travel as far as 1,000 miles at up to 96 MPH with each fill-up.
Presidential hopefuls invited to Houston energy summit
• www.houstonspresidentialsummit.comWith Texas now at the forefront of alternative energy, the city's Nov. 13 presidential energy summit will focus on not only traditional oil and gas but also power from wind, biofuels, fuel cells and nuclear and solar energy.
Solar Power to Rule in 20 years, Futurists Say
• LiveScience.comThere is 10,000 times more sunlight than we need to meet 100 percent of our energy needs, he says, and the technology needed for collecting and storing it is about to emerge as the field of solar....
Iranian Oil Bourse Starts Trading, Sans Dollar Contracts
•The first day of trading saw turnover of 100 tons polyethylene. Iran produces 22 million tons petrochemicals annually and claims to be the #2 producer behind Saudi Arabia. {Oh, this is BIG NEWS,... watch} "No Dollars Please, We Are Iranian"
Titan Has More Oil Than Earth
• SpaceSaturn's smoggy moon Titan has hundreds of times more natural gas and other liquid hydrocarbons than all the known oil and natural gas reserves on Earth, scientists said today. The hydrocarbons rain from the sky on the moon that form lakes and
Chavez threatens to halt oil sales to US
• APPresident Hugo Chavez threatened to cut off oil sales to the US if Exxon Mobil wins court judgments to seize billions of dollars in Venezuelan assets. "If you end up freezing [our assets], we're going to harm you," Chavez said. "Do
E. Coli Bacteria: A Future Source of Energy?
• ScienceDaily.comThomas Wood, a professor in the Artie McFerrin Department of Chemical Engineering, has "tweaked" a strain of E. coli so that it produces substantial amounts of hydrogen.
E. Coli Bacteria: A Future Source of Energy?
• ScienceDaily.comThomas Wood , a professor in the artie McFerrin Department of Chemical Engineering, has "tweaked" a strain of E. coli so that it produces substantial amounts of hydrogen.
Daimler's Smart Car May Offer All-Electric Version by 2009
• Bloomberg.comThe electric Smart would have a range of 71 miles (115 kilometers) on a fully charged battery, Singhartinger said. An empty battery takes about eight hours to charge.
GM to Make Biofuel Out of Garbage
• RawStory.comThe US automaker has entered into a partnership with Illinois-based Coskata Inc. which has developed a way to make ethanol from practically any renewable source, including old tires and plant waste.
GM to make biofuel out of garbage
• RawStory.comGeneral Motors Corp. is planning on making biofuel with garbage at a cost of less than a dollar a gallon, the company's chief has said."We will have our first commercial-scale plant making 50 to 100 million gallons of ethanol running in 2011."
GM to make biofuel out of garbage
• RawStory.comGeneral Motors Corp. is planning on making biofuel with garbage at a cost of less than a dollar a gallon, the company's chief has said."We will have our first commercial-scale plant making 50 to 100 million gallons of ethanol running in 2011."
Electric Company Sends You Unsolicited Light Bulbs, Charges $12
• RudeAn electric company in Maryland, sent its customers some CFL light bulbs as part of a consumer education program. Sounds nice until you find out that they customers were charged $0.96 a month (about $12 a year) for the two light bulbs.
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