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Energy Media Articles
Excerpts of Key Energy Media Articles in Major Media


Below are key excerpts of revealing news articles on energy from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.

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Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


MU professor revisits decades-old fusion project
2012-11-03, Kansas City Star/Associated Press
http://www.kansascity.com/2012/11/03/3899586/mu-professor-revisits-decades.html

A University of Missouri professor has resurrected his two-decade-old work in the contested field of cold fusion. In 1991, Mark Prelas was part of a research team that conducted a fusion experiment that emitted a burst of millions of neutrons. The work stopped when funding was cut off. At the time, cold fusion claims had been dismissed as junk science. Prelas shifted to other work. But his neutron-producing experiment resumed this year, and he presented his findings at a cold fusion conference in August in South Korea. Prelas, now a professor in the university's Nuclear Science and Engineering Institute, received funding from the Sidney Kimmel Institute for Nuclear Renaissance at MU. In the original experiment, the team created an emitted neutron-recording device and expected to count about 10 neutrons a second. They reached a million neutrons in a second. With SKINR funding, [Prelas] re-created the experiment. More technologically advanced equipment has allowed for a better counting system, and in one run, his research team saw neutron emissions at similar levels to the 1991 observation. Rob Duncan, MU's vice chancellor of research, said ... "We've got to understand what this is. The focus clearly has to be on an opportunity to discover new physics and to understand new science. That really is our aim here at SKINR.”

Note: For deeply revealing reports from reliable major media sources on new energy inventions, click here.


Pioneering scientists turn fresh air into petrol in massive boost in fight against energy crisis
2012-10-19, The Independent (One of the UK's leading newspapers)
http://www.independent.co.uk/news/uk/home-news/exclusive-pioneering-scientist...

A small British company has produced the first "petrol from air" using a revolutionary technology that promises to solve the energy crisis as well as to help curb global warming by removing carbon dioxide from the atmosphere. Air Fuel Synthesis in Stockton-on-Tees has produced five litres of petrol since August when it switched on a small refinery that manufactures gasoline from carbon dioxide and water vapour. The company hopes that within two years it will build a larger, commercial-scale plant capable of producing a ton of petrol a day. It also plans to produce green aviation fuel to make airline travel more carbon-neutral. "We've taken carbon dioxide from air and hydrogen from water and turned these elements into petrol," said Peter Harrison, the company's chief executive. "There's nobody else doing it in this country or indeed overseas as far as we know. It looks and smells like petrol but it's a much cleaner and clearer product than petrol derived from fossil oil," Mr Harrison told The Independent. Being able to capture carbon dioxide from the air, and effectively remove the principal industrial greenhouse gas resulting from the burning of fossil fuels such as oil and coal, has been the holy grail of the emerging green economy. Using the extracted carbon dioxide to make petrol that can be stored, transported and used as fuel for existing engines takes the idea one step further.

Note: For deeply revealing reports from reliable major media sources on new energy technologies, click here.


Energy firm uses 'land grabs' to secure fracking rights from reluctant landowners
2012-10-02, NBC News
http://openchannel.nbcnews.com/_news/2012/10/02/14183177-energy-firm-uses-lan...

Ranjana Bhandari and her husband knew the natural gas beneath their ranch-style home in Arlington, Texas, could be worth a lot - especially when they got offer after offer from Chesapeake Energy Corp. Their repeated refusals didn't stop Chesapeake, the second-largest natural gas producer in the United States. This June, after petitioning a Texas state agency for an exception to a 93-year-old statute, the company effectively secured the ability to drain the gas from beneath the Bhandari property anyway -- without having to pay the couple a penny. In fact, since January 2005, the Texas agency has rejected just five of Chesapeake's 1,628 requests for such exceptions. Chesapeake's use of the Texas law is among the latest examples of how the company executes what it calls a "land grab" -- an aggressive leasing strategy intended to lock up prospective drilling sites and lock out competitors. Chesapeake has become the principal player in the largest land boom in America since the California Gold Rush of the late 1840s and ‘50s, amassing drilling rights on more land than almost any U.S. energy company. After years of leasing tracts from New York to Wyoming, the company now controls the right to drill for oil and gas on about 15 million acres -- roughly the size of West Virginia.

Note: For deeply revealing reports from reliable major media sources on corporate corruption, click here.


Tesla unveils faster electric car charging station
2012-09-25, Boston Globe/Associated Press
http://www.boston.com/business/technology/2012/09/25/tesla-unveils-faster-ele...

Tesla Motors Inc. unveiled a solar-powered charging station ... that it said will make refueling electric vehicles on long trips about as fast as stopping for gas and a bathroom break in a conventional car. CEO Elon Musk said ... that the company's roadside Supercharger has been installed at six highway rest stops in California. The free stations are designed to fully charge Tesla's new Model S sedan in about an hour, and a half-hour-long charge can produce enough energy for a 150-mile trip, he said. The first six, which were developed and deployed in secret, are in Barstow, Hawthorne, Lebec, Coalinga, Gilroy and Folsom. Tesla spokeswoman Christina Ra said they are open only to company employees, but would be available to the public in early October. Musk said his Palo Alto-based company planned to have more stations running throughout California and in parts of Nevada and Oregon by the end of the year, and expected to blanket ‘‘almost the entire United States'' within two years. Tesla unveiled the Model S, its first mass-market vehicle, in June. The base model costs sells for $49,900 after a federal tax credit. Along with persuading consumers that electric vehicles are practical, the charging stations were developed with an eye toward alleviating doubts about their environmental effects. Musk said the solar-powered stations in California would produce more clean energy than is needed to keep cars running.

Note: For inspiring reports from reliable major media sources on new developments in automotive and energy technologies, click here.


U.S. lays out examples of 'gross negligence' by BP
2012-09-04, MSNBC/Reuters
http://www.msnbc.msn.com/id/48904731#.UEttgKDAHLQ

The U.S. Justice Department is ramping up its rhetoric against BP [formerly British Petroleum] for the massive 2010 oil spill in the Gulf of Mexico, describing in new court papers examples of what it calls "gross negligence and willful misconduct." The court filing is the sharpest position yet taken by the U.S. government as it seeks to hold the British oil giant largely responsible for the largest oil spill in U.S. history. Gross negligence is a central issue to the case, slated to go to trial in New Orleans in January 2013. A gross negligence finding could nearly quadruple the civil damages owed by BP under the Clean Water Act to $21 billion. The U.S. government and BP are engaged in talks to settle civil and potential criminal liability, though neither side will comment on the status of negotiations. Specifically, errors made by BP and Swiss-based Transocean Ltd, owner of the Deepwater Horizon platform, in deciphering a key pressure test of the Macondo well are a clear indication of gross negligence, the Justice Department said. "That such a simple, yet fundamental and safety-critical test could have been so stunningly, blindingly botched in so many ways, by so many people, demonstrates gross negligence," the government said in its 39-page filing.

Note: For deeply revealing reports from reliable major media sources on corporate corruption, click here.


Web Comic Helps Fuel Donations to Tesla's NY Lab
2012-08-26, ABC News/Associated Press
http://abcnews.go.com/US/wireStory/web-comic-helps-fuel-donations-teslas-ny-l...

A jolt of support from a popular Web cartoonist has re-energized a decades-long effort to restore a decrepit, 110-year-old laboratory once used by Nikola Tesla, a visionary scientist who was a rival of Thomas Edison and imagined a world of free electricity. In little more than a week, tens of thousands of donors from more than 100 countries have kicked [in] more than $1 million ... to pay for the restoration of Nikola Tesla's Wardenclyffe laboratory, located about 65 miles east of New York City. "Enormously, overwhelmingly, astounding," is how Jane Alcorn, president of the Tesla Science Center at Wardenclyffe [described] the project's newfound fortune. This summer Alcorn learned that Matthew Inman, a cartoonist who runs theoatmeal.com, posted a tribute to the scientist titled "Why Nicola Tesla is the Greatest Geek Who Ever Lived." Supporters of the Long Island effort reached out to Inman, a 27-year-old who lives in Seattle, and he and Alcorn began speaking. Last week, he posted a request for donations on IndieGoGo, a fundraising website, and the response was nearly instantaneous. Tesla amassed hundreds of patents for his discoveries over his lifetime. Among his most notable accomplishments are his work in developing alternating current and other research in the creation of wireless communication and radio. He conducted experiments with wireless electricity and erected a 187-foot tower that Alcorn said was to be the centerpiece of a worldwide communications and energy system. But after he lost funding for the project, it was torn down in 1917.

Note: Tesla, whose incredible achievements have largely been removed from history books, is having a great resurgence in interest. For more on this most intriguing inventor, click here. For deeply revealing reports from reliable major media sources on new energy inventions, click here.


Solar, wind power get Pentagon boost
2012-08-06, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/business/article/Solar-wind-power-get-Pentagon-boost-37...

The U.S. Defense Department will encourage companies to build solar power plants and wind farms on 16 million acres of open land surrounding military bases, making each base less dependent on the nation's aging electricity grid. The plan ... will help the military cut its $4 billion annual energy bill and help insulate bases from blackouts. A study the Defense Department released this year found that the lands surrounding four military installations in Southern California alone could generate seven gigawatts of solar energy, equivalent to the output of seven nuclear reactors. But the plan will not focus solely on the desert Southwest. Federal officials also will study the possibility of creating offshore wind farms near military bases along the country's coasts. Solar, wind, geothermal and biomass facilities developed near military bases will be used primarily to power those facilities. But the projects will be big enough that the private companies that finance and build them will be able to sell some excess energy to other users.

Note: For reports from reliable major media sources on energy developments, click here.


Craving Energy and Glory, Pakistan Revels in Boast of Water-Run Car
2012-08-05, New York Times
http://www.nytimes.com/2012/08/05/world/asia/boast-of-water-run-car-thrills-p...

In a nation thirsting for energy, he loomed like a messiah: a small-town engineer who claimed he could run a car on water. The assertion — based on the premise that he had discovered a way to easily split the oxygen and hydrogen atoms in water molecules with almost no energy — would, if proven, represent a stunning breakthrough for physics and a near-magical solution to Pakistan’s desperate power crisis. “By the grace of Allah, I have managed to make a formula that converts less voltage into more energy,” the professed inventor, Agha Waqar Ahmad, said in a telephone interview. “This invention will solve our country’s energy crisis and provide jobs to hundreds of thousands of people.” Established scientists have debunked his spectacular claims, first made one month ago, saying they violate ironclad laws of physics. The quest to harness chemical energy from water is a holy grail of science, offering the tantalizing promise of a world free from dependence on oil. Groups in other countries, including Japan, the United States and Sri Lanka, have previously made similar claims. They have been largely ignored. Not so with Mr. Ahmad, even if he is an unlikely scientific prodigy. He graduated with a degree in mechanical engineering in 1990 from a small technical college in Khairpur, in southern Sindh Province, he said in the interview. For most of his career he worked in a local police department. He is currently unemployed. But he sprang up at a moment when Pakistan was intensely aware of its power shortcomings.

Note: For deeply revealing reports from reliable major media sources on new energy inventions, click here.


Tesla test drive: Smooth, silent, fast
2012-07-14, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/business/article/Tesla-test-drive-Smooth-silent-fast-37...

A word of caution about the Model S, Tesla Motors' new electric sedan: The S stays smooth and silent, even when it's flying down the highway. Absent gears, engine noise or any vibration that doesn't originate with a pothole, it's absurdly easy for Model S drivers to shred speed limits without the slightest clue. Depending on the range of the battery pack and other options, Model S prices range all the way from $57,400 to $105,400 before state and federal incentives. The Model S functions much like a typical, automatic transmission sedan. But it's not quite the same. Put the car in drive and take your foot off the brake pedal, for example, and the S doesn't go anywhere. It just sits there until you touch the accelerator. Push the accelerator, and the car responds instantly. There's no sense of an engine laboring to pick up speed. Like other electric vehicles, the Model S uses regenerative braking. The brakes capture some of the moving car's kinetic energy, convert it to electricity and use it to recharge the battery while you drive. It's one of the ways a Model S with the most expensive battery pack option can drive more than 300 miles without plugging in. With the Model S, the regenerative braking starts the moment you ease off the accelerator pedal. The drop in speed is so pronounced that the car's brake lights will go on, even before you touch the brake pedal itself. It feels almost like having two separate braking systems working at the same time.

Note: For lots more inspiring reports from reliable major media sources on new automotive and alternative energy technologies, click here.


We were wrong on peak oil. There's enough to fry us all
2012-07-02, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/commentisfree/2012/jul/02/peak-oil-we-we-wrong

For the past 10 years an unlikely coalition of geologists, oil drillers, bankers, military strategists and environmentalists has been warning that peak oil – the decline of global supplies – is just around the corner. We had some strong reasons for doing so: production had slowed, the price had risen sharply, depletion was widespread and appeared to be escalating. The first of the great resource crunches seemed about to strike. Some of us made vague predictions, others were more specific. In all cases we were wrong. Peak oil hasn't happened, and it's unlikely to happen for a very long time. ["Oil - The Next Revolution"] by the oil executive Leonardo Maugeri, published by Harvard University, provides compelling evidence that a new oil boom has begun. The constraints on oil supply over the past 10 years appear to have had more to do with money than geology. The low prices before 2003 had discouraged investors from developing difficult fields. The high prices of the past few years have changed that. Maugeri's analysis of projects in 23 countries suggests that global oil supplies are likely to rise by a net 17m barrels per day (to 110m) by 2020. This, he says, is "the largest potential addition to the world's oil supply capacity since the 1980s". The investments required to make this boom happen depend on a long-term price of $70 a barrel – the current cost of Brent crude is $95. Money is now flooding into new oil: a trillion dollars has been spent in the past two years; a record $600bn is lined up for 2012.


Americans Empowered to Separate Solar Fact from Fiction with Real Goods Solar's Free "87 Solar Myths" eBook
2012-06-21, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/06/21/prweb9626179.DTL

Real Goods Solar, the nation's most established residential solar installer and integrator, is helping Americans separate solar fact from solar fiction with a free, downloadable myth-busting eBook known as 87 Solar Myths, available online at www.RealGoodsSolar.com. 87 Solar Myths is a quick read to dispel what solar professionals across the U.S. say are today's most pervasive solar industry inaccuracies. Interest is high. Nearly one thousand eBooks have been downloaded since its Earth Week release. 87 Solar Myths slaps down perennial [myths] such as "Solar technology is too expensive," "Coal power is cheaper than getting power from the sun," "A solar lease traps you in your home," or "$0 down solar is too good to be true," while confirming the veracity of other well-publicized solar tenets. "What we've learned in speaking with people across the U.S. over the years is that we aren't just in the business of solar, we're in the business of educating," explained Real Goods Solar Residential Marketing Director Cheryl Moody. "There are some whacky - and some serious - rumors that persist amongst consumers. Our goal is to equip homeowners with an unbiased source of information so that they can confidently make valid decisions as to how the benefits of solar energy could improve their circumstances," Moody said.

Note: For more on promising developments on energy technologies, click here.


Are we wildly underestimating solar and wind power?
2012-06-19, Washington Post blog
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/06/19/are-we-wildly-un...

Right now, renewable energy sources like solar and wind still provide just a small fraction of the world’s electricity. But they’re growing fast. Solar is growing exponentially. Across the globe, 55 terawatt-hours of solar power had been installed by the end of 2011. That may not seem like much in itself — the United States by itself, after all, needed about one hundred times that much power in 2011. But solar has been growing at a stunning rate, as panels keep getting dramatically cheaper. If these exponential growth rates [continue] solar could provide nearly 10 percent of the world’s electricity by 2018. Official agencies keep underestimating the growth rate of renewables. The International Energy Agency is forecasting that solar will catch on much more slowly — providing a mere 4.5 percent of the world’s electricity by 2035. But [t]he IEA has almost always underestimated how quickly wind and solar can grow. Forecasters have consistently been too pessimistic. For instance, back in 2000, the IEA’s World Energy Outlook predicted that non-hydro sources of renewable energy would make up 3 percent of global energy by the year 2020. The world reached that point in 2008, well ahead of schedule. Using only current technology, renewables could technically provide the vast bulk of U.S. electricity by mid-century.

Note: The media has consistently underplayed the promising potential for alternative energy sources. The fact that the above is a blog and not a regular article in the Post is yet another example of this. For more on promising developments on energy technologies, click here.


Teen girl from Egypt has just reinvented space travel
2012-05-30, MSN
http://now.msn.com/now/0530-egyptian-physics-fuel.aspx

Egyptian Aisha Mustafa, 19, has dazzled the physics world with a new invention that could launch spacecraft off the Earth's surface and soaring through space without any fuel. Space is filled with a billowing sea of quantum particles that jump in and out of existence, and Aisha Mustafa proposes using thin silicon panels, spaced closely together, to trap these particles and then move against them, creating a propelling force. This innovation would make space exploration lighter, safer and cheaper. Mustafa still has some design work to do, but unfortunately her research is currently limited by lack of state funding for space science departments at the university level, though her school's science club did help fund her application for a patent.

Note: For more on this intriguing innovation, click here.


Solar power generation world record set in Germany
2012-05-28, The Guardian (One of the UK's leading newspapers)
http://www.guardian.co.uk/environment/2012/may/28/solar-power-world-record-ge...

German solar power plants produced a world record 22 gigawatts of electricity – equal to 20 nuclear power stations at full capacity – through the midday hours of Friday and Saturday. Norbert Allnoch, director of the Institute of the Renewable Energy Industry in Muenster, said the 22 gigawatts of solar power fed into the national grid on Saturday met nearly 50% of the nation's midday electricity needs. "Never before anywhere has a country produced as much photovoltaic electricity," Allnoch [said]. The record-breaking amount of solar power shows one of the world's leading industrial nations was able to meet a third of its electricity needs on a work day, Friday, and nearly half on Saturday when factories and offices were closed. Government-mandated support for renewables has helped Germany became a world leader in renewable energy and the country gets about 20 percent of its overall annual electricity from those sources. Germany has nearly as much installed solar power generation capacity as the rest of the world combined and gets about four percent of its overall annual electricity needs from the sun alone. It aims to cut its greenhouse gas emissions by 40% from 1990 levels by 2020. "This shows Germany is capable of meeting a large share of its electricity needs with solar power," Allnoch said. "It also shows Germany can do with fewer coal-burning power plants, gas-burning plants and nuclear plants."

Note: For lots more from reliable sources on developments in alternative energy technologies, click here.


Google gets license to operate driverless cars in Nevada
2012-05-07, CNN
http://edition.cnn.com/2012/05/07/tech/nevada-driveless-car/index.html

Nevada [has become] the first [state] to approve a license for "autonomous vehicles" -- in other words, cars that cruise, twist and turn without the need for a driver -- on its roads. The license goes to Google. Engineer and Google X founder Sebastian Thrun said that the self-driving vehicle project aims "to help prevent traffic accidents, free up people's time and reduce carbon emissions by fundamentally changing car use." He noted that the "automated cars use video cameras, radio sensors and a laser range finder to 'see' other traffic, as well as detailed maps ... to navigate the road ahead." There is no driver needed, though one is typically in the front seat ready to take control if need be. Earlier this spring, Google said it had "safely completed over 200,000 miles of computer-led driving." Nevada issued a special license after demonstrations on state freeways, state highways, in Carson City neighborhoods and on Las Vegas' landmark Las Vegas Strip, the state's Department of Motor Vehicles said in a news release. All such cars on the road are "test" vehicles for now, though the state signaled it intends to be "at the forefront of autonomous vehicle development."

Note: For reports from major media sources on new automotive and energy inventions, click here.


Global Automakers to Demo EV Fast Charging at EVS26
2012-05-03, MarketWatch/PR Newswire
http://www.marketwatch.com/story/global-automakers-to-demo-ev-fast-charging-a...

Global automakers from the United States and Germany will demonstrate fast-charging technology that will enable the recharging of most electrified vehicles with compatible systems in as little as 15-20 minutes. Audi, BMW, Chrysler, Daimler, Ford, General Motors, Porsche and Volkswagen have agreed to support a harmonized single-port fast charging approach - called DC-fast charging with a Combined Charging System - for use on electric vehicles in Europe and the United States. Live charging demonstrations [were] conducted during the Electric Vehicle Symposium 26 (EVS26) May 6-9. The combined charging system integrates one-phase AC-charging, fast three-phase AC-charging, DC-charging at home and ultra-fast DC-charging at public stations into one vehicle inlet. This will allow customers to charge at most existing charging stations regardless of power source and may speed more affordable adoption of a standardized infrastructure. The International Society of Automotive Engineers (SAE) has chosen the Combined Charging System as the fast-charging methodology for a standard. The standard is to be officially published this summer. ACEA, the European association of vehicle manufacturers has also selected the Combined Charging System as its AC/DC-charging interface for all new vehicle types in Europe beginning in 2017.

Note: How sad that an Internet search turned up no major media reporting this important and inspiring news. For lots more from reliable sources on new developments in automotive and alternative energy technologies, click here.


Power shifts as off-grid options spread worldwide
2012-04-13, San Francisco Chronicle/Bloomberg
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/04/12/BU031O2FFD.DTL

An electricity revolution [is] sweeping through power markets and threatening traditional utilities' dominance of the world's supply. From the poorest parts of Africa and Asia to the most-developed regions in the United States and Europe, solar units ... and small-scale wind and biomass generators promise to extend access to power to more people than ever before. In the developing world, they're slashing costs in the process. Across India and Africa, startups and mobile phone companies are developing what are called called microgrids, in which stand-alone generators power clusters of homes and businesses in places where electric utilities have never operated. In Europe, cooperatives are building their own generators and selling power back to the national or regional grid. The revolution is just beginning, says Jeremy Rifkin, a professor at the Wharton School of the University of Pennsylvania and author of "The Third Industrial Revolution." Disruptive to the economic status quo, the transformation opens up huge opportunities to consumers who may find themselves trading power in the future much as they swap information over the Internet today, he says. "This is power to the people." Within a decade, installing photovoltaic panels may be cheaper for many families than buying power from national grids in much of the world, including the United States, Japan, Brazil and the United Kingdom, according to data from Bloomberg New Energy Finance.

Note: For a treasure trove of major media articles showing dozens of amazing new energy technologies which could replace our dependence on fossil fuels, click here.


Earthquake Outbreak in U.S. Tied to Fracking Wastewater
2012-04-12, San Francisco Chronicle/Bloomberg
http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/04/12/bloomberg_article...

A spate of earthquakes across the middle of the U.S. is "almost certainly" man-made, and may be caused by wastewater from oil or gas drilling injected into the ground, U.S. government scientists said in a study. Researchers from the U.S. Geological Survey said that for the three decades until 2000, seismic events in the nation's midsection averaged 21 a year. They jumped to 50 in 2009, 87 in 2010 and 134 in 2011. Those statistics, included in the abstract of a research paper to be discussed at the Seismological Society of America conference next week in San Diego, will add pressure on an energy industry already confronting more regulation of the process of hydraulic fracturing. An abstract of the federal study, which was led by William Ellsworth, Earthquake Science Center staff director for the U.S. Geological Survey in Menlo Park, California, was published online earlier this month. "A naturally-occurring rate change of this magnitude is unprecedented outside of volcanic settings or in the absence of a main shock, of which there were neither in this region," Ellsworth and his colleagues wrote.

Note: Few are aware that Canada's province Quebec has banned fracking. Many other places are considering similar measures.


Wall Street speculation blamed for gas price spike
2012-03-08, San Francisco Chronicle (San Francisco's leading newspaper)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/03/07/BUQ81NHHPQ.DTL

Public anger over high gasoline prices is turning to a familiar target - Wall Street. The role of speculative investors in this year's price spike has come under increasing scrutiny in recent weeks, nowhere more so than in Washington. Nearly 70 members of Congress wrote a stern letter Monday to a federal commission that regulates the country's main market for crude oil, demanding that the commission crack down on speculation. President Obama, his energy policies under attack from Republicans, ordered a fresh look at speculation's role in the market on Tuesday. "This is just another example, in my view, of Wall Street playing the casino," said Rep. Jackie Speier, D-Hillsborough, who signed the letter to the Commodity Futures Trading Commission. "Everyone should be outraged that every time they're filling up their tank, they're paying a premium because of speculation." How big is that premium? One of the trading commission's five members estimated last month that speculative investors were adding 56 cents to the price of each gallon of gas. As a result, Honda Civic drivers pay an additional $7.39 per fill-up, said Commissioner Bart Chilton. Owners of the Ford F150 pickup pay an extra $14.56. Speculative investors include hedge funds and investment banks that buy contracts for the future delivery of oil but never intend to take possession of the fuel itself. They buy and sell strictly as a financial investment, and their presence in the market has swelled.

Note: For lots more reliable information from the major media on energy manipulations, click here.


Solar Flare: What If Biggest Known Sun Storm Hit Today?
2012-03-08, NationalGeographic.com
http://news.nationalgeographic.com/news/2012/03/120308-solar-flare-storm-sun-...

A powerful sun storm—associated with the second biggest solar flare of the current 11-year sun cycle—is now hitting Earth, so far with few consequences. But the potentially "severe geomagnetic storm," in NASA's words, could disrupt power grids, radio communications, and GPS as well as spark dazzling auroras. The storm ... won't hold a candle to an 1859 space-weather event, scientists say—and it's a good thing too. If a similar sun storm were to occur in the current day—as it well could—modern life could come to a standstill, they add. That storm has been dubbed the Carrington Event, after British astronomer Richard Carrington, who witnessed the megaflare and was the first to realize the link between activity on the sun and geomagnetic disturbances on Earth. During the Carrington Event, northern lights were reported as far south as Cuba and Honolulu, while southern lights were seen as far north as Santiago, Chile. The flares were so powerful that "people in the northeastern U.S. could read newspaper print just from the light of the aurora," Daniel Baker, of the University of Colorado's Laboratory for Atmospheric and Space Physics, said at a geophysics meeting in December 2010. In addition, the geomagnetic disturbances were strong enough that U.S. telegraph operators reported sparks leaping from their equipment—some bad enough to set fires, said Ed Cliver, a space physicist at the U.S. Air Force Research Laboratory in Bedford, Massachusetts. If something similar happened today, the world's high-tech infrastructure could grind to a halt.

Note: For more on this, click here and here. The first article talks about the vulnerability of the world's nuclear reactors to such a storm. If telegraph systems failed in the solar storm of 1859, how much damage do you think such a storm would do to our modern electronics? And why aren't more people talking about this?


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