The Renewable Energy Blog

How much influence does Big Oil have over our Government? The House of Representatives, The Senate, The judicial system and of course, the Vice President and President? How much money are they receiving from lobbyists? How much stock in oil companies do they own? These factors affect how the government reacts to issues involving not [...]

Category: Big Oil, Government Legislation, Oil Prices | 2 Comments | Tags: automobile companies, Big Oil, coca cola, creative spirit, energy economy, house of representatives, judicial system, oil companies, pepsi, president, senate, token legislation, vice president

When will the madness end? Gasoline could be around $4.50 per gallon for the national average and certainly will be later this summer when refineries turn their attention to producing #2 home heating oil for the winter. Oil executives were in front of Congress this week to answer questions about why oil has unprecedentedly skyrocketed. [...]

Category: Alternative Energy, Big Oil, Biofuels, Fuel Prices, Home Heating Oil, Middle East Oil, Oil Prices | 2 Comments | Tags: #2 home heating oil, alternate energy supplies, biodiesel, oil executives, oil fields, oil sand fields, President Bush, Saudi Arabia, shale fields

Well, it’s official. The energy department will officially suspend shipments into the strategic oil reserves stockpile starting July 1. Is it a political move? You bet. The 76,000 barrels of oil a day that was being sent to the reserves is a pitiful amount of oil compared to what we use as a country on [...]

Category: Government Legislation, Oil Prices | Leave a Comment | Tags: energy department, Oil Prices, strategic oil reserves, suspend shipments

I guess this comes as no surprise. Why should they? They’re reaping incredible financial rewards and this only stands to go ever higher. Well, hey it is capitalism at its best – or worst – depending on how you look at it. We pay what the market will bear, right? "Saudi Arabian leaders made clear [...]

Category: Big Oil, Food Prices, Fuel Prices, Middle East Oil, Oil Prices | Leave a Comment | Tags: arms sales, associated press, biodiesel, cnn, energy price manipulation, meat prices, oil dependency, Oil Prices, senate democrats, U.S. gasoline prices

As reported by the Associated Press, skyrocketing food prices, stoked by rising fuel prices, unpredictable weather and growing demand from India and China’s burgeoning middle classes, have sparked sometimes violent protests in the Caribbean, Africa and Asia in recent months. "Skyrocketing food prices, stoked by rising fuel prices" First and foremost – Rising Fuel Prices.  [...]

Category: Food Prices, Fuel Prices | Leave a Comment | Tags: china, Food Prices, food riots, india, middle class, rising fuel prices, somalia, violent protests

The proposed gas tax holiday by both Senators McCain and Clinton is preposterous. This falls under the same stupidity that Speaker Pelosi showed by asking to reduce the oil being sent to the strategic oil reserves. All this to save a few cents per gallon when the market is blowing that amount a way on [...]

Category: Alternative Energy, Big Oil, Gasoline Prices, Home Heating Oil, Hydrogen Fuel, Renewable Energy | Leave a Comment | Tags: Big Oil, biodiesel, clinton, columbus, food chain, food riots, gas tax holiday, Home Heating Oil, mccain, obama, social responsibility, Speaker Pelosi, washington d.c.