Month July 2008

Heating oil costs a potential crisis

Governors of New England states are seriously concerned about heating oil prices, which have doubled in a year, saying some low income households may have to choose between food or heat. They want more federal subsidies (which only helped poor…

Gas pump blogging

The Freeway Blogger diversifies. (You can download a PDF of the graphic from his blog.) In his email to me, he said “this one’s a bit severe, but it needed to be said”. It generated quite a few comments. Some…

Does T. Boone Pickens have a nuclear ace in the hole?

CleanTechnica thinks so, detailing how Pickens’ planned mega-wind farm and Ogallala water rights could be used, at least in part, to power nuclear plants in Texas Panhandle. Thus he would have steady nuclear power and intermittent wind power traveling on…

Thoughts on oil speculation

If speculation was mostly responsible for the rise in oil prices, then massive intervention by a central bank shorting oil should be enough to drive prices down. But this hasn’t happened. So, either they don’t want to intervene (doubtful) or…