Archive for November 11th, 2008

Constanta-Trieste oil pipeline starved of oil

Tuesday, November 11th, 2008

Because of China’s and India’s growing fossil fuel consumption the Middle East oil producers are no longer conditioned to sell their oil resources to Europe.

Source: www.nineoclock.ro

T. Boone Pickens in Valley to talk about wind energy plan

Tuesday, November 11th, 2008

Longtime oil and gas developer T. Boone Pickens will speak about his natural energy plan in the Valley Tuesday. The Texas businessman plans to discuss the Pickens Plan, which addresses the country’s growing dependence on foreign oil.

Source: www.abc15.com

GM scales back plans for L.A. auto show

Tuesday, November 11th, 2008

General Motors Corp. has canceled plans to unveil any new vehicles or host any news conferences at the Los Angeles Auto Show this month. The company had originally planned to reveal several cars at the show, but pulled out because of its dire financial situation. “We’re going to retime those releases for Detroit,” GM Spokesman Scott Fosgard said of the North American International Auto Show in …

Source: www.lansingstatejournal.com

T. Boone Pickens continues push for ‘electric superhighway’; ND’s Dorgan to introduce bill

Tuesday, November 11th, 2008

James Macpherson November 11, 2008 - 10:03 a.m. BISMARCK, N.D. (AP) - Texas oilman T. Boone Pickens says he’s picking up support in North Dakota and elsewhere for a nationwide “electric transmission superhighway” to help develop more power from the wind and sun.

Source: www.canadianbusiness.com

Agassi: free electric car, anyone?

Tuesday, November 11th, 2008

Unlikely to be a Tesla ‘Leccy Tech Better Place CEO Shai Agassi has outlined his ideas for the electric car future, and the good news is that we all get free cars.…

Source: go.theregister.com

ExxonMobil posts biggest quarterly profit ever, $14.8B

Tuesday, November 11th, 2008

ExxonMobil, the world’s largest publicly traded oil company, reported income Thursday that shattered its own record for the biggest profit by a U.S. corporation, earning $14.83 billion in the third quarter.

Source: www.usatoday.com

ZAP: Electric Car Incentives Approved in Uruguay

Tuesday, November 11th, 2008

The Mayor of Montevideo approved incentives for electric car ownership and use in Uruguay, according to industry pioneer ZAP.

Source: biz.yahoo.com

Energy agency sees oil price rising to $200 a barrel

Tuesday, November 11th, 2008

The era of cheap oil is over, the International Energy Agency warned yesterday as it predicted crude values would soon rebound to above $100 a barrel and double again by 2030 as fields in the North Sea and elsewhere in the world declined faster than expected. More than $26tn (£16tn) of new investment would be needed over the next 20 years to ensure the world had enough energy, according to …

Source: www.guardian.co.uk

Pickens promotes wind plan

Tuesday, November 11th, 2008

BISMARCK - Texas oil magnate and now wind energy supporter T. Boone Pickens acknowledged Monday in Bismarck that Americans’ home heating expenses could go up and farmers’ fertilizer made from natural gas could be more expensive under his Pickens Plan. Advertisement: ADVANTAGE REALTORS Get the Anhorn Advantage! Looking to buy a new home or sell your current home? Get the experience of …

Source: www.in-forum.com

Teen Builds All-Electric Car

Tuesday, November 11th, 2008

While automakers have been unable or unwilling to mass-produce an all-electric car over the past decade or two, a San Antonio teenager has built one over the summer.

Source: www.myfoxhouston.com