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Archive for the ‘Oil and Energy’ Category

How Low Will Oil Prices Go?

The national average price of gasoline has fallen to $2.22 and the price of a barrel of oil has fallen to near $56. Now, with the slowing global economy, will oil prices continue to fall? Some factors point to yes: 1. U.S. promises to drill more may flatten oil prices. 2. ...

Ireland and Scotland Banking on Wind Energy

Ireland and Scotland are looking to their offshore winds as a viable renewable energy source. Scotland has committed to an ambitious target of supplying 50% of their total energy from renewable sources by 2020, and this is 1 more step towards that goal. The 2 countries have partnered on a study that ...

The End of Oil

With oil prices topping new records almost every day this would be a good time for me to say "I told you so" several years ago when I was soap-boxing heavily about the doomed future of depending on a finite resource. But I won't gloat. My warnings in the past ...

Hypothetical examples contingent on speculative conjecture

The State of the Union can't be taken literally, according to the administration Having been chastised last night by a long time friend for my dismissive attitude in yesterday's article towards the Presidents bold plan for addressing our nation's addiction to oil, I promised to place my reservations on hold and ...

Senate says “No” to drilling in Alaska… again!

While Big Oil and Business go toe to toe with Environmentalists, I say this issue should be a no-brainer for everyone. I'm no fan of the Oil Industry, nor am I a tree-hugger (they just aren't so fun to cuddle with)--but it seems to me there's a simple way of looking ...