Archive for the 'Energy' Category
Whither the Price of Oil?
May 26th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. This is the best read on oil that I’ve found in a while. It also, weirdly and frighteningly, correlates to my interpretation of the chicken entrails in Oil Correction Likely. Via: TradingGurus: Jakab Spencer noted in his always interesting Dow Jones […]
Energy Fears Looming, New Survivalists Prepare
May 25th, 2008Via: AP: A few years ago, Kathleen Breault was just another suburban grandma, driving countless hours every week, stopping for lunch at McDonald’s, buying clothes at the mall, watching TV in the evenings. That was before Breault heard an author talk about the bleak future of the world’s oil supply. Now, she’s preparing for the […]
Oil Correction Likely
May 24th, 2008WARNING: This is not a recommendation to buy, sell or hold any financial instrument. The U.S. Dollar Index is getting down into a support zone, along with a low band daily stochastic. A crank rally on the dollar would likely blow the columns out from underneath the oil; short term, anyway. Why? Look at the […]
Auto Fuel Rationing in India
May 22nd, 2008Via: Time of India: As crude oil prices keep soaring and the Centre refuses to bail out public sector oil marketing companies, which are under tremendous strain, the oil crisis has literally reached your neighbourhood gas station. Vehicle owners can no longer be sure that petrol or diesel will be available on demand. Beginning Tuesday, […]
Former CIA Chief Puts Terrorism and Global Warming on Even Par
May 22nd, 2008Occasionally, when I get irritated, I write rants—that usually contain jokes… That eventually come true. For example, when I joked about the upcoming War on Global Warming… Here’s part of a comment that I wrote on, “Green Confessions” to Help Eco-Sinners Find Forgiveness: Do you notice how there’s some form of pointless distraction for every […]
Gav’s Electric Vehicle Conversion
May 22nd, 2008Becky and I are damn lucky that we don’t have to drive much. We use the car about once per week. Petrol is now just under NZ$2 per litre (about US$5.70 per gallon). No, fuel is not as expensive as it is in Norway, but when the nice man at the petrol station sincerely says, […]
Salvage Economy: Texas Man Builds Electric Car for $4750
May 21st, 2008Via: NBC5: With gas pushing $4 per gallon, many people are looking for ways to save some green at the pump. One North Texas man found a way to help the environment and commute to work for just pennies a day. David Murray may drive the quietest car in North Texas, powered only by a […]
Massive Pipeline Explosion in Nigeria
May 18th, 2008Via: AFP: Nigerian firefighters battled Friday to put out flames pouring from a burst oil pipeline a day after a huge explosion that Red Cross officials said killed 100 people. An excavator accidentally pierced the pipeline, creating a lake of petrol that ignited into a huge fireball which engulfed a local school, cars and shoppers […]
Saudis Won’t Increase Oil Output, Gold Back Above $900
May 16th, 2008I wasn’t even going to mention this Bush-asking-the-Saudis-for-a-Biscuit bullshit, but $900 on gold is an important technical milestone. As oil surges to a new record, here are a couple of things to keep in mind: Engdahl: Perhaps 60% of Today’s Oil Price is Pure Speculation Business Week: There Is no Gas Shortage Also: Crude Oil […]
Documents Link Wind Farm Foes to International Energy Conglomerate
May 16th, 2008Imagine my shock. Via: Boston Globe: A new lobbying firm for the group opposing a wind farm off Cape Cod filed a federal document last month reporting that its work for the Alliance to Protect Nantucket Sound is partially funded and shaped by an international energy conglomerate. The disclosure represents the first documented financial connection […]
