Archive for the 'Energy' Category
The Next Bubble: Priming the Markets for Tomorrow’s Big Crash
July 14th, 2008Mmm hmm. Via: Harpers: There is one industry that fits the bill: alternative energy, the development of more energy-efficient products, along with viable alternatives to oil, including wind, solar, and geothermal power, along with the use of nuclear energy to produce sustainable oil substitutes, such as liquefied hydrogen from water. Indeed, the next bubble is […]
Gas Arbitrage Along U.S./Mexico Border
July 13th, 2008Via: Reuters: U.S. and Mexican entrepreneurs with an eye for a quick buck are buying subsidized fuel in bulk in Mexico and hauling it across the U.S. border to make big profits, officials say. With a yawning gap between the cost of Mexico’s state-subsidized fuel and record U.S. pump prices, tanker truck owners and people […]
Fuel Theft Crime Wave Sweeps Scotland as Petrol Prices Soar
July 13th, 2008Via: Sunday Herald: SCOTLAND IS in the grip of a new crime wave with organised thieves stealing tens of thousands of litres of fuel each day from farms, homes and petrol stations across the country. Record oil prices have made fuel a targeted commodity for gangs of criminals. Thieves are reselling the stolen fuel through […]
Pacific Northwest Hydro and Wind Systems Create Excess Electricity Supply
July 10th, 2008Nope, it’s not a typo. Gigantic hydrogen, compressed air or flywheel “batteries” could be built for times like this… If the U.S. Government’s war funding could be re-purposed for a couple of days. * chortle * Yeah right. Dams running low? Wind not blowing? Flip the switch on the “battery” when you need it. Via: […]
Leaked World Bank Report: Biofuel Caused Food Crisis
July 4th, 2008Via: Guardian: Biofuels have forced global food prices up by 75% – far more than previously estimated – according to a confidential World Bank report obtained by the Guardian. The damning unpublished assessment is based on the most detailed analysis of the crisis so far, carried out by an internationally-respected economist at global financial body. […]
Student Researching Bacteria That Create Ethanol Stabbed 47 Times
July 3rd, 2008Update: Laptop Computer Stolen from Apartment Six Days Before Murders Via: Times Online: One of the two French research students found dead in a burnt-out London flat had been stabbed 196 times, the detective leading the murder investigation said today. His friend had 47 separate injuries. The deaths of Laurent Bonomo and Gabriel Ferez, both […]
Oil Rises Above $142 for First Time as Investors Spurn Stocks
June 29th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. Welcome to the public participation phase on oil… UPDATE: Actually, no. I take that back. I just looked at the charts and the daily interval doesn’t show the tell tale gap of public participation. Check back later for look at oil […]
U.S. Freezes Solar Energy Projects
June 27th, 2008Do you get it yet? Via: New York Time: Faced with a surge in the number of proposed solar power plants, the federal government has placed a moratorium on new solar projects on public land until it studies their environmental impact, which is expected to take about two years. The Bureau of Land Management says […]
U.S. House Votes to Curb Energy Market Speculators
June 27th, 2008Maybe the doomed dollars will try to hide in gold instead. * wink * The legislation still needs to move through the Senate. This is just rearranging deck chairs, of course, and if Congress was interested in doing anything substantive, they would be funding research into alternative energy development. (See: America’s Military Spending and Clean […]
America’s Aviation System Could Be at Risk of Collapsing by the Beginning of Next Year
June 27th, 2008Via: Christian Science Monitor: America’s aviation system could be at risk of collapsing by the beginning of next year. That warning from aviation experts has prompted some industry leaders to call for re-regulation, something considered almost heresy until now. Others are urging Washington to do more to rein in the oil speculators pushing up fuel […]
