Joule Unlimited has invented a genetically-engineered organism that it says simply secretes diesel fuel or ethanol wherever it finds sunlight, water and carbon dioxide. The Cambridge, Mass.-based company says it can manipulate the organism to prod
A new breakthrough study analyzing the oil reserves contained under Alaska’s Outer Continental Shelf (OCS) reveals that the state could be the eighth largest oil producer in the world. The amazing data meticulously compiled by the authors—the consult
At one point the price of Brent Crude spiked on the London market, hitting $119.79 a barrel – $8.54 higher than when trading started yesterday morning.
A man on his feet can usually take a sucker punch, or at least recover from it. But if he’s already on the ground and you kick him in the head, he’s done-for.
Local government fees and processing can add an average of $2,516 to a residential rooftop solar installation—about 33 percent of what the homeowner would spend on solar panels.
New compact cables show promise for power transmission and high-field magnets.
A startup says it can beat the performance of the most efficient solar cells on the market today.
Oil surged more than 7.5% to its highest since August 2008 on concern that uprisings in Libya could spread to other major oil producers in the Middle East, including Saudi Arabia. Brent crude oil for April spiked up $8.54 a barrel to a peak of $119.7
New horizontal multifrac drilling is expected to raise U.S. production by at least 20 percent over the next five years. And within 10 years, it could help reduce oil imports by more than half, advancing a goal that has long eluded policymakers.
Oil could hit $220 a barrel if "Libya and Algeria were to halt oil production together," analysts at Nomura investment bank predicted.
So, if we have enough cheap oil to last us for well over 1400 years into the future, why are we importing at over $100 per barrel? The answer has nothing to do with economics and everything to do with the New World Order agenda.
Time Magazine's intelligence columnist reported on Tuesday that Libyan leader Muammar Gaddafi has ordered his security forces to sabotage the country's oil facilities, citing a source close to the government.
Saudi King Abdullah returned home on Wednesday after a three-month medical absence and unveiled benefits for Saudis worth some $37 billion (23 billion pounds) in an apparent bid to insulate the world's top oil exporter from an Arab protest wave.
You really can't make this up: "The economy is in a much stronger position to handle” rising oil prices, Tim Geithner said today during a Bloomberg Breakfast in Washington. “Central banks have a lot of experience in managing these things."
Our advice to Italy, which imports 425,000 barrels of oil each day from Tripoli: "Panic." Following yesterday's Force Majeure announcement from Libya which meant that oil production and exports will continue only for a few more days...
On the day after pastor Lindsey Williams went on the Alex Jones Show and talked about the globalist plan to destroy the dollar and jack up oil prices through the stratosphere in an effort to wreck the economy, the price of oil went up...
A handful of intrepid scientists are reigniting interest in work that was dismissed as junk science more than 20 years ago, claiming to have found a way to create more energy from less. The most recent excitement was generated by Italians Sergio Foca
Cold fusion refers to a proposed nuclear fusion process of unknown mechanism offered to explain a group of disputed experimental results first reported by Martin Fleischmann and Stanley Pons. Cold fusion, under this definition, was first announced on
"That is our concern, regardless of the margins of disruption, if the $100 per barrel of oil is continued in 2011, the burden of oil to the global economy is as bad as 2008," Nobuo Tanaka, the Executive Director of the International Energy Agency...
That's according to Al-Arabiya, which cites a shipping group.
Pickens told Stewart, “We've gone 40 years with no energy plan. You know who else doesn't have an energy plan in the world? Nobody. It's nobody. We're the only one without an energy plan.” He noted China is even considering the Pickens Plan. T
One of the quickest ways to bring down the U.S. economy would be to dramatically increase the price of oil. Oil is the lifeblood of our economic system. Without it, our entire economy would come to a grinding halt.
Waiting for a Saudi revolution before buying those $200 oil calls? It may be time to reevaluate: according to Nomura a halt in just Libyan and Algerian oil production (far more likely than the crisis spilling over to Saudi) would send oil to over $22
As the Middle East burns, the United States has dug its own hole! The premise has been discussed ad infinitum in this blog that insanity is relying on your enemies for anything, let alone for critical resources. Whether it is China for money and R
(Reuters) - Oil held near 2-1/2 year highs on Tuesday, with worries about turmoil in Libya that sent prices soaring the previous session eased by expectations that OPEC and the International Energy Agency could meet any shortfall in oil supplies.
Libyan violence weighs on stocks as oil prices spike; New Zealand quake shakes currency
Oil prices could make further gains but US stocks could be set for a difficult year, Marc Faber, the author the closely-watched Gloom, Boom and Doom report, said in an interview.
The last time the oil price lost all sense of gravity, as it threatens to again with the price of Brent crude now well north of $100 a barrel, it helped tip the world economy into the deepest recession since the 1930s.
As Zero Hedge advised in early January when the severity of the Maghreb revolution was made all too clear to anyone not willing to stick their head in the CNBC sand, oil could well be the buy of a lifetime ahead of a downward spiral of unprecedented.
“Oil is a finite resource!” said Brent. “Eventually the oil remaining on the planet will be exhausted and no longer able to be used by humanity.