gas prices
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Is cheap gas OPEC’s way of robbing Obama of his clean energy initiative?
Why have gas prices dropped so low, so quickly, and so soon after endless proclamations of a future of $200/barrel oil? The New York Times thinks that it has something to do with a drop in demand and a lack of unity amongst OPEC member-states. My friend Gregorio has no time or such naivete. According […]
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Umbra on holiday shopping
Hi Umbra, When it comes to holiday presents, does it really save energy and gas to order stuff online? Rick G. Manchester, N.H. Dearest Rick, Holiday gift time, everyone! Many of you have already begun shopping, I know, and I also know that my birthday, coming in early December as it does, adds to the […]
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Why taxes can’t get us where we need to go on transportation
As of Monday, the average price of gasoline in the U.S. was down to $2.22 a gallon, brushing up against $1.50 in some places. The price of oil was under $60/bbl. When gas and oil prices fall, there are always two reactions: first, great lamentations that alternative and renewable energy investments no longer make economic […]
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IEA: Oil price to rebound to $100 when economy recovers, then soar to $200 by 2030
The staid International Energy Agency is poised to bring a note of sanity back to the oil discussion next week, according to the Financial Times: Oil prices will rebound to more than $100 a barrel as soon as the world economy recovers, and will exceed $200 by 2030, the International Energy Agency will say in […]
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Geologists predict that oil production will decline within a decade
As I’m sure you’ve noticed by now, gas prices have fallen back from the phenomenal highs of last summer. The immediate cause has been the economic crisis. When credit markets seized up, some companies that wanted to buy oil simply couldn’t get the cash. And perhaps more importantly, the economic slowdown has decreased projections for […]
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Don’t get too used to those low oil prices
This can’t be good: Output from the world’s oilfields is declining faster than previously thought, the first authoritative public study of the biggest fields shows. Without extra investment to raise production, the natural annual rate of output decline is 9.1 per cent, the International Energy Agency says in its annual report, the World Energy Outlook, […]
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Michele Bachmann lowered gas prices
The latest wackadoo claim from the gift that keeps on giving, Michelle Bachmann: Bonus crazy! Bachmann claims that oil pipelines cause wildlife to flourish: (Thanks LL!)
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As gas prices go down, bad driving habits go up
Those who don’t learn from history, blah blah blah.
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Big Oil and enviros agree: Surging prices were nail in coffin for offshore-drilling ban
The 110th Congress achieved some notable victories for the environmental community. The Democratic majorities secured the first major increase in automobile fuel-economy standards in nearly three decades, along with tougher efficiency rules for household appliances. They extended tax credits for solar and other renewable energy sources. Serious discussion of climate legislation got underway in the […]