NEW YORK - The head of oil giant Chevron Corp on Wednesday called on President-elect Barack Obama to create a national energy policy that promotes efficiency, opens up new areas for oil production and sets a clear policy on carbon dioxide emissions.
A community in Pike County is not giving up its fight to keep a 500,000 volt power line from going right through its neighborhood. The high-voltage line would carry power from the nuclear power plant near Berwick to New Jersey.
(Adds information on OPEC production capacity expansions.) NEW YORK -(Dow Jones)- The U.S. on Wednesday revised downward its estimate of OPEC’s oil output in 2009, saying that the sharp decline in oil prices would lead to “compliance that is above historical levels.”
Oil no longer springs up from the ground like it does in the opening credits of The Beverly Hillbillies or in the halcyon 1900s of There Will Be Blood . And according to proponents of Peak Oil theory, which was seemingly confirmed in the early 1970s by the rapid drop-off in domestic oil production, the fuel crisis is bound to get worse.
You have in GM’s Volt a perfect car of the Age of Obama — or at least the Honeymoon of Obama, before the reality principle kicks in.
Falling energy prices have forced billionaire oilman and investor T. Boone Pickens to trim spending on his renewable energy campaign and put his West Texas wind farm project on hold.
PICAYUNE — Solar power is the hot topic in the world of renewable energy (or green power) and has gained increasing interest by homeowners. With rising fuel and energy costs, homeowners are looking for viable answers to reduce their usage of electricity and are open to new ideas.
One of the major obstacles in the development of General Motors’s upcoming Volt electric vehicle was battery supply. According to Reuters news agency, the Detroit [...]
Fisker Automotive crows about more good news and thumbs its nose at arch rival Tesla Motors, but we still haven’t seen the Karma.
Roseville-based Solar Power Inc. reported a strong increase in quarterly revenue and a reduction in its net loss. The company brought in $19.6 million during the three months ended Sept. 30, compared with $8.4 million a year earlier. Solar Power lost $953,000, or 3 cents a share, for the quarter, compared with $1.4 million, or 4 cents a share, in the 2007 period. Solar Power manufactures, …
