Archive for the 'Energy' Category
Giant Oil Companies to Return to Iraq Under No Bid Contracts
June 19th, 2008Imagine my complete and total shock. Via: IHT: Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power. Exxon Mobil, Shell, Total and BP — the original partners in […]
Flooded Corn Fields = Higher Gasoline Prices
June 19th, 2008This situation represents a massive, slow moving disaster and few people (outside of commodity trading circles) even realize it yet. The criminal corn lobby, and the whores in Congress who service it, are the ones to thank for this. Via: Reuters: U.S. gasoline prices, which have already jumped to a nationwide average over $4 per […]
The Best Farmland in the U.S. Is Flooded; Most Americans Are Too Stupid to Panic
June 19th, 2008The best commentary I could offer is a link to a previous story: World’s Largest Maker of Crop Nutrients: Famines May Occur Without Record Harvests But I’ll ramble on a bit more about this, anyway. As soon as I became aware of the flooding situation in the American Midwest, I posted the story with the […]
Scientists Engineer Organisms That Eat Waste and Excrete Petrol
June 18th, 2008Oh sure. The little GMO oil bugs will never escape their containment systems! HAHA! What could possibly go wrong? Also, the article states that sugarcane feedstock produces oil at $50 per barrel. It doesn’t mention what the lower sugar feed stocks yield. Hint: It’s going to be MUCH more expensive than with sugarcane. This sounds […]
The Electric Car Lives
June 18th, 2008Via: Business Week: Clean, quiet, and relatively profitable to produce, electric vehicles have had a rough start in the U.S.: Five years after General Motors (GM) nixed its innovative EV1 electric car program, just a handful of automakers have committed to making and selling electric vehicles on a mass scale any time soon. Enter Think […]
EvoLux Review
June 16th, 2008UPDATE: May 31, 2009 Both of the EvoLux lights that I purchased are now dead. One of them failed several months ago. The second one just died tonight. Buyer beware. —End Update— When the news about the Advanced Lumonics EvoLux made headlines recently, I wanted to order a couple of the units to test out […]
Oil Surges to Record High Near $140
June 16th, 2008I guess the Saudis should have said that they were going to buy dollars instead. Via: Reuters: Oil surged to a new record high on Monday of nearly $140 a barrel, propelled by weakness in the U.S. dollar which offset the bearish impact of plans by Saudi Arabia to boost output. U.S. light, sweet crude […]
Plan Would Lift Saudi Oil Output to Highest Ever
June 14th, 2008What does one have to do to get on the list of traders who receive Saudi planned oil production numbers before the information is announced? Actually, I don’t want to know. It will be very interesting to watch how this unfolds on Monday. Via: New York Times: Saudi Arabia, the world’s biggest oil exporter, is […]
No Market for Electric Cars? Auction for Used Toyota Rav4 EV Bids Over $45,000
June 14th, 2008Why buy this old Toyota when the Phoenix Motors SUT will be available this year, and for around the same money? Feral madness is the best explanation. Via: eBay: Vehicle for Sale Description: 2003 Rav4 EV (purchased from Cabe Toyota in Long Beach 12/28/02) Silver with gray interior Original Owner, non-smoker, bought new (no lease) […]
Japanese Invent Car That Runs On Water
June 14th, 2008Via: Nikkei Business Publications: Genepax Co Ltd explained the technologies used in its new fuel cell system “Water Energy System (WES),” which uses water as a fuel and does not emit CO2. The system can generate power just by supplying water and air to the fuel and air electrodes, respectively, the company said at the […]
