Tag Archives: gas
$1B Prize for 100 MPG Gasoline Car
As the GOP works to eliminate the renewable energy production tax credit and the $7500 rebate for electric and plug-in cars, they’re pushing for efficient cars that still run on oil. Rep. Dan Lungren (R-CA) introduced legislation to offer a $1 billion prize to the first U.S. automaker that can sell 60,000 gasoline-powered cars that get 100 miles [...]
Shale Gas and Oil: Bubble Building?
In recent years, we’ve seen what happens when gigantic speculative “bubbles” build up, whether in the high tech sector or in the housing market. Eventually, the bubble bursts, and a lot of people get hurt in the process. Now, an article in Bloomberg is raising the possibility of a similar phenomenon occurring with oil and [...]
Energy Polarization
It’s no secret that at the core of the Supercommittee’s failure earlier this week is the increasing polarization of American politics. Huffington Post contributor and law professor June Carbone illustrates this transition over the past half-century: “A half century ago, neither political party disproportionately consisted of those who favored a my-way-or-the-high-way approach. Unbending ideologues did [...]
Why Hypersolar Thinks Natural Gas Can Be Clean
Are we closer to having renewable natural gas using solar power, water and CO2? That’s what HyperSolar, a technology company based in Santa Barbara, CA, is hoping to achieve. The company has filed a patent application for clean, renewable gas which it hopes replaces traditional natural has without having to resort to aggressive and dangerous [...]
Finding New Oil is Getting Expensive
The next time you hear someone asserting that oil extraction “was always difficult and expensive”—as a way to refute the very high cost now of the marginal barrel—you’ll know they’re spinning a folk tale. A helpful chart from the just released EIA Annual Energy Review shows that the capital required to add an additional barrel [...]
Did You Know? Gas Cars Use More Electricity Than EVs
Quick-draw critics of the electric car often criticize EVs because, in their words, “Electric cars simply replace a tailpipe with a smokestack.” The gist of their argument is that emissions still occur, not at the tailpipe but at the electric power plant. That observation is usually followed by the statement that 45% of our grid [...]
The Honda ‘Civic Natural Gas’ Sweepstakes
Straight from its manufacturing and assembly plant southwest of Indianapolis, Indiana in the U.S., Honda is stocking dealers with a 2012 version of its Civic fueled by compressed natural gas (CNG). It officially goes on sale Tuesday, Oct. 18 in some or all of the 36 states listed below, representing a major expansion of Honda’s [...]
State Dep’t Briefing on Global Shale Gas Initiative
David L. Goldwyn Coordinator for International Energy Affairs Washington, DC August 24, 2010 MR. CROWLEY: Good afternoon, and welcome to the Department of State.To start off today, we have our State Department Coordinator for International Energy Affairs David Goldwyn. He’s here to brief you on the Global Shale Gas Initiative Conference that is still ongoing [...]
Bernie Sander Wants to End $35 Billion in Oil and Gas Tax Breaks
Senator Bernie Sanders (VT-I) has proposed a measure to repeal more than US$35 billion in tax breaks for the oil and gasindustry. Sanders’ plan would invest $10 billion of the savings in the Energy Efficiency and Conservation Block Grant program and the remaining$25 billion toward reducing the federal deficit. Sanders, who chairs the Senate EPW’s [...]