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. [...]
May
22
Oil Breaks the $135 per barrel Ceiling
May
16
Saudi Arabia Refuses to Increase Oil Production
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 [...]
May
1
Gas Tax Holiday? Are You Kidding Me?
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 [...]
Mar
5
What Alternate Biofuels are on the Horizon
Biofuels aren’t new. We’ve been using them for years. Oil, coal, whale blubber, yep, blubber. Anything that started out as a living thing which we then turn to fuel is a biofuel. The term has become "sexy" in the energy business because it gets people to open their eyes and listen. The question is what [...]
Category: Alternative Energy, Biofuels, Renewable Energy |
3 Comments | Tags: algae, alternate biofuels, biobutane, biodiesel, bioethanol, jatropha tree, oil, whale blubberOther Books
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