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Views Of Alternative Energy Consultants On Fuel Dependence

6 hours ago ago from Life Info Zone.com

The alternative energy consultants tell us that the transition from the petroleum-driven economy and society will not be a smooth one, on the whole. The amount of new technologies and infrastructures that need to be developed and built is staggering—even as Germany achieves powering 10% of the entire nation through the use of alternative energy resources like wind turbines and solar arrays, even as corporation after corporation is ...

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There is plenty of oil but . . .

14 hours ago ago from Commodities Options | Commodities Futures | Commodities Prices

This is a post related to a talk I am giving this week. (A PDF can be found here ). There is a huge amount of oil which theoretically can be extracted, but the question is whether the cost will be cheap enough for us to be able to afford to extract it. If the oil is too expensive to extract, the shortage of oil seems to cause a recession, similar to what we are having now. I discuss this in purely monetary terms, but it is also an issue ...

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What Is the Alternative Fuels Index and Why Does It Matter?

11 hours ago ago from A Place Where Investors Meet Inventors

The alternative fuels index is a weekly publication that disseminates detailed information on all of the Department of Energy approved alternative fuels. The DOE approved alternatives include biodiesel alternative fuel , ethanol alternative fuel , electricity, natural gas, propane, and p-series fuel. Its main function is to provide accurate wholesale prices for these fuels to be used as benchmarks. The alternative fuels index is one of ...

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Increasing Political Tensions As Major Powers Scramble For Energy Security

15 hours ago ago from Daily Markets

China's completion of an historic natural gas pipeline with Kazakhstan bypassing Russia this week tightens the Asian behemoth's grip on energy resources needed to fuel a burgeoning economy, a desire also forcing it on a quest for oil and gas wealth in other corners of the globe. China is not alone in this scramble for energy security. Hungry for oil and gas, world powers like Russia and the United States are also relying on different ...

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The Great Oil Grab! The Major Powers are Dividing the World's Resources

5 hours ago ago from Cape Fear Business News – Wilmington NC Business News – Brunswick County – New Hanover County – Pender County – Columbus County – Southeastern North Carolina

China and Russia will stay on tenterhooks for decades to come, on the question of sufficiency of energy supplies, notwithstanding the oil grab they have indulged in over the past years.  According to energy security pundits, both China and Russia have unique problems and are unable to shake off the shackles of the modern open energy market. “Even though China seems to be rushing to buy oil resources and production supplies, it still has ...

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ND oil production, prices outpace budget forecasts

3 hours ago ago from U.S. News

ND oil production, prices outpace budget forecasts BISMARCK, N.D. (AP) -- North Dakota's budget director says the state's oil production and prices are both well ahead of state forecasts. Pam Sharp told the Legislature's Budget Section committee that when lawmakers wrote the state's two-year budget, oil production was expected to be just over 200,000 barrels a day now, with prices between $40 and $50 a barrel. Last October's production ...

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Wholesale inflation surges on back of oil costs

12 hours ago ago from NBC

Stocks & economy" href="http://www.msnbc.msn.com/id/3032221/device/rss/rss.xml" xmlns:media="http://search.yahoo.com/mrss/" /> sponsored by  Categories ...

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Producer prices rise a hefty 2.4% in November

11 hours ago ago from BloggingStocks

All is not well in paradise. Producer prices rose 2.4% in November . While this the first gain this year, the size of the jump was much more than expected and the highest since October 2008. At than time we were coming off record oil prices. Analysts had expected a meager 1.6% rise, a surge in energy prices in the past month contributed to a much higher rise. The Federal Reserve is meeting today and tomorrow. The Fed will then issue its ...

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Dan DiMicco: A Nation That 'Builds Things'

1 hour, 8 minutes ago ago from Wall Street Journal

With the official unemployment rate at 10% and the real unemployment rate over 18% (accounting for people who can only find part-time employment or have given up looking for work), it's clear that job creation should be the country's top priority. That is why I firmly believe we need additional economic stimulus. But this time we need to do it the right way. Here are three steps we can take that will move the economy forward without ...

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ExxonMobil buys gas, as Big Oil plans for a renewable-energy future

5 hours ago ago from DailyFinance

These days, everyone wants a piece of the rock -- domestic shale, that is. With oil-drilling costs north of $3.5 million per well and natural gas trading below $3, global energy companies are all about American shale. In November, Europe's second-largest supplier of natural gas, Norwegian-based StatOilHydro ( STOHF ), signed a $3.4 billion agreement in November to acquire 32.5% of Chesapeake Energy's ( CHK ) 32,000 shale-gas leases in ...

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