Archive for the 'Energy' Category
America, China, India and South Korea All Adding to Their Oil Reserves
January 24th, 2007HA! Look at the reasons as to why these countries are boosting their reserves. Oh sure, this has nothing to do with Peak Oil! Tell me another one. Via: Bloomberg: George W. Bush’s decision to double the emergency oil stockpile in the U.S. may help to stem a six- month slide in prices as China, […]
U.S. TO DOUBLE SIZE OF STRATEGIC PETROLEUM RESERVE
January 23rd, 2007Well, well, well… The U.S. spends more on the war in Iraq in one day (about $300 million) than it does on the ANNUAL BUDGET for the primary government laboratory that is tasked with renewable energy and energy efficiency research and development. And this is the energy plan for the future… Via: Bloomberg: Crude oil […]
EEstor: More Clues Emerge
January 23rd, 2007In Pay No Attention to the General as “Liberals” Launch Green Energy Fund, I attempted to show that EEstor is a “connected” front for the release of military technology into the private sector. Now, in the following MIT Technology Review article, we learn that EEstor’s CEO previously worked for TRW. Although TRW has been sold […]
Energy Scarcity vs. Cost of the War in Iraq
January 22nd, 2007I built a spreadsheet with functions that break down the cost of the war in Iraq into dollars per minute. According to the Pentagon, the war in Iraq is costing $8.4 billion per month. Cost of the War in Iraq Per Minute Cost per month: 8400000000 Cost per week: 2100000000 Cost per day: 300000000 Cost […]
Energy Scarcity? Give Me a Break
January 21st, 2007This guy built a wave generator buoy out of PVC pipe and bicycle parts: The next time your lights go out, or you think your electricity bill is too expensive, or you hear news about greehouse gasses, just remember this video. Related: Is Peak Oil a Faith Based Collapse Theory? Related: A Solar Solution for […]
Oil at Twenty Month Low
January 18th, 2007Via: CNN: Oil prices slipped Thursday, having dipped below the $50 mark, following a government report that revealed a bigger than expected increase in U.S. crude inventories. U.S. light crude for February delivery fell as low at $49.90 a barrel, its lowest trading level since May 25, 2005, but pared some of its late-session losses […]
EEstor Press Release
January 18th, 2007But still too busy to build a website. Via: PESN: The first commercial application of the EESU is intended to be used in electric vehicles under a technology agreement with ZENN Motors Company. EEStor, Inc. remains on track to begin shipping production 15 kilowatt-hour Electrical Energy Storage Units (EESU) to ZENN Motor Company in 2007 […]
Steorn: Wide Distribution of Technology Immediately After Validation
January 14th, 2007I still don’t understand why they just didn’t release the thing into the wild… The alt energy community would have validated the technology, or not, in days, rather than months. If this is a joke, we’re all still waiting for the punchline. Via: Steorn: Steorn, the Irish technology development company, has today announced that its […]
Iran Threatens to Block Strait of Hormuz
January 9th, 2007If you haven’t read The Strait of Hormuz: It’s Not That Bad, It’s Worse, it might be worth checking out now. Additionally, when oil was trading near record highs, I wrote that oil could, “Easily go to $45 before it goes to $200.” Oil is now trading around $55. Could the world go from relatively […]
Future of Iraq: The Spoils of War
January 7th, 2007The first reference I could find on Cryptogon to the U.S. stealing Iraq’s oil was in 2002. That was just a lunatic conspiracy theory back then… Via: Independent: Iraq’s massive oil reserves, the third-largest in the world, are about to be thrown open for large-scale exploitation by Western oil companies under a controversial law which […]
