Archive for the 'Energy' Category
U.S. to Establish Diplomatic Presence in Tehran?
July 17th, 2008Via: Reuters: The United States will announce in the next month that it plans to establish a diplomatic presence in Tehran for the first time in 30 years, a London newspaper said on Thursday. In a front-page report, the Guardian said Washington would open a U.S. interests section in the Iranian capital, halfway towards opening […]
Welcome to the Frozen Economy
July 16th, 2008If I refer to Southern California as a death trap, what do the population centers of the North East represent? Via: Business Week: The Polar ice cap may be melting, but the U.S. economy is frozen, starting right here in my small town. Gradually rising levels of dismay at the gas pump and in the […]
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 […]
