Browsing the "Oil" Tag

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Solar or oil: is that a legitimate question?

Last week, a story titled Texas Oil Baron Is Promoting Solar Energy ran in the New York Times. Written by freelance environmental journalist Todd Woody, it was about a commercial featuring Larry Hagman, posing as the Texas oil tycoon J.R. Ewing that he played on the TV show Dallas. In the commercial, the former faux-oilman […]

July 23rd

TEDxOilSpill and our Energy Future

TED, remember the “E” stands for environment, is taking on the Gulf Oil Spill today with TEDxOilSpill, a self-organized event with a TED-like experience. From the event web site: TEDxOilSpill will tackle the tough questions raised by the recent and ongoing environmental catastrophe in the Gulf of Mexico. Topics will include mitigation of the spill […]

June 28th

Who Really Wins by Lifting the Oil Drilling Moratorium?

Oil companies and shareholders most likely to benefit from lifting the ban on new offshore exploration and deepwater drilling not the “little guy”. As I watch the news, I’m hearing both sides of debate regarding the deepwater, offshore drilling moratorium, which was sparked by the BP disaster in the Gulf of Mexico. The Obama Administration […]

June 23rd

More Money for the Auto Industry

Three more car companies received sizeable loans from the federal government yesterday, but don’t worry; it’s not another bailout. In fact, the$8 billion is just the start of a larger $25 billion project called the Advanced Technology Vehicles Manufacturing Loan Program (ATVM for short) that was thought up back in 2007 and funded by Congress […]

June 24th

Growing Plastic: A New Use for Biomass

In the constant push for ever newer and greener technology and energy, we sometimes forget that it is often both simpler and cheaper to revisit old techniques in new ways. And that’s exactly what a group of researchers in California has done. By combining several old and well understood chemical techniques and reactions, they have […]

June 19th

Oil Shale: Saving Grace or Environmental Catastrophe?

Did you know that the Rocky Mountains contain more oil than Saudi Arabia? Most people don’t. The problem is that, unlike the easily accessed and processed oceans of liquid oil under Middle Eastern sands, the Rocky Mountains’ petroleum is found in rocks called oil shale. Oil shale, which must be mined, is a type of sedimentary rock that releases oil when heated in specific types of chemical processes. The problem, according to environmental groups, is that producing energy from oil shale is even less environmentally friendly than using normal, liquid oil or even coal.

February 28th

To Drill or Not to Drill?

Late in the Bush administration, the president lifted an executive order banning offshore drilling. A few months later, facing skyrocketing gas prices, Congress allowed a congressional moratorium, dating back to 1982, to lapse. Offshore drilling has been blatantly polarizing national politics ever since. In mid-February, the Obama administration road blocked the new offshore drilling plans […]

February 28th

A Bleak Outlook for Biofuel

The downturn in the national economy has hit just about every major industry. And now it seems that ethanol is no exception. Yesterday, Archer Daniels Midland Co., or ADM, a major U.S. producer of ethanol, stated that ethanol production in the U.S. has dropped 21% since last year. Falling oil prices, a decrease in overall demand, and low profit margins are to blame.

February 5th

A New Energy Economy Is Emerging In the USA

“As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging in the United States,” says Lester R. Brown, President of the Earth Policy Institute, in a recent release, “New Energy Economy Emerging in the United States” . “The old energy economy, fueled by oil, coal, and natural gas, is being replaced by one powered by wind, solar, and geothermal energy. The transition is moving at a pace and on a scale that we could not have imagined even a year ago.

October 27th

Mo Money, Mo Mileage

Advantage Capital Partners, a venture capital and small business finance firm, has made an investment in SOMS Technologies LLC, the manufacturer of the microGreen vehicle engine oil filter.  The microGreen filter  utilizes a patented filter technology designed to keep engine oil cleaner, extending the oil life up to 30,000 miles.  Advantage’s investment will be used to support […]

October 21st