Energy Media ArticlesExcerpts of Key Energy Media Articles in Major Media
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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.
The country’s three largest oil and gas companies are expected to report combined first-quarter profits this week in excess of $16 billion, a 19 percent surge from last year. Elected officials are scrambling for ways to assuage angry consumers and businesses. President Bush on Tuesday gave the Environmental Protection Agency the authority to temporarily waive regional clean-fuel regulations to promote greater gasoline-supply flexibility, but members of Congress have other ideas. Some are renewing calls for a windfall profits tax and some want federal regulators to investigate industry consolidation. Still others are threatening hearings and expressing outrage at how the industry invests cautiously in new refining capacity yet rewards its executives lavishly. The combined earnings expected from ConocoPhillips, Exxon Mobil Corp. and Chevron Corp. will be 14 times greater than the combined first-quarter profits of Google Inc., Apple Computer Inc. and Oracle Corp. Analysts say full-year profits for the oil majors are likely to surpass the record-setting earnings of 2005, when Exxon reported a $36.13 billion profit -- the highest ever for a U.S. company.
The main limitation of solar power right now is cost, because the crystalline silicon used to make most solar photovoltaic (PV) cells is very expensive. One approach to overcoming this cost factor is to concentrate light from the sun using mirrors or lenses. But traditional light concentrators are bulky and unattractive. Now Prism Solar Technologies...has developed a proof-of-concept solar module that uses holograms to concentrate light, possibly cutting the cost of solar modules by as much as 75 percent, making them competitive with electricity generated from fossil fuels. The panels, says Rick Lewandowski, the company's president and CEO, are a "more elegant solution" to traditional concentrators, and can be installed on rooftops -- or even incorporated into windows and glass doors. A layer of holograms...directs light into a layer of glass where it continues to reflect off the inside surface of the glass until it finds its way to one of the strips of PV silicon. Reducing the PV material needed could bring down costs from about $4 per watt to $1.50 for crystalline silicon panels. The company is expecting to...start manufacturing its first-generation modules by the end of the year, selling them at about $2.40 per watt. CEO Lewandowski says the holographic modules will cost about $1.50 per watt in a few years, using their second-generation technology. At that price, they'll start to compete with fossil fuel-generated electricity, which now costs almost three times less than conventional solar electricity.
The above link is not a news article, but rather a fascinating 12-minute video demonstrating inspiring new energy technologies. I have seen the longer, full video, which is one of the best videos available covering this exciting field. For more on the full video, see http://www.WantToKnow.info/resources#free. For an excellent two-page summary of the new energy field, see http://www.WantToKnow.info/newenergysources.
Note: The Guardian also had an article on this amazing technology last year. See the link below:
http://www.guardian.co.uk/uk_news/story/0,,1481009,00.html
A public already groaning under huge deficits does not need more red ink. An oil industry already rolling in record profits does not need more tax breaks. But both are sure to happen unless some way can be found to claw back from a decade's worth of Congressional and administrative blunders, aggressive lobbying and industry greed. According to a detailed account in Monday's Times...oil companies stand to gain a minimum of $7 billion and as much as $28 billion over the next five years under an obscure provision in last year's giant energy bill that allows companies to avoid paying royalties on oil and gas produced in the Gulf of Mexico. The provision received almost no Congressional debate, in part because Congress was lazy and in part because the provision was misleadingly advertised as cost-free. A court decision in 2003 effectively doubled the amount of oil and gas exempted from royalties. Then the Bush administration offered special exemptions for "deep gas" producers, drilling more than 15,000 feet below the sea bottom. Then came the 2005 energy bill, which essentially locked in the old incentives for five more years.
A much-shrouded idea could give portable power a real charge, for a change -- and change, well, everything. Imagine the day when cellphones charge up in seconds, laptop batteries never degrade, and electric cars have the same power, driving range and purchase price as their gas-powered cousins. Such a battery -- a superbattery -- doesn't exist today, but a tiny company out of Austin, Texas, is getting remarkably close, and the possibilities have caught the attention of the U.S. army, the former vice-chairman of Dell Computer, and one of the most respected venture capital firms in North America. Among EEStor's claims is that its "electrical energy storage unit" could pack nearly 10 times the energy punch of a lead-acid battery of similar weight and, under mass production, would cost half as much. It also says its technology more than doubles the energy density of lithium-ion batteries in most portable computer and mobile gadgets today, but could be produced at one-eighth the cost. The company...is weeks away from seeking independent verification of the product's performance. Adding more intrigue to the story is the fact that Colin Powell, the former U.S. secretary of state, joined Kleiner Perkins last summer as a strategic partner.
The Minnesota Commerce Department on Thursday announced plans to fine a gas station chain $140,000 for repeatedly selling gas below the state's legal minimum price. The fine against Midwest Oil of Minnesota is twice as large as any imposed on a company since 2001, when the state established a formula based on wholesale prices, fees and taxes to determine a daily floor for gas prices. The price law was intended to prevent large oil companies from driving smaller competitors out of business, but some critics argue it fails to protect consumers. According to the Commerce Department, the Midwest-owned stations in Anoka, Oakdale and Albert Lea sold gas below the minimum price on 293 days in 2005. Kevin Murphy, deputy commissioner of the department, called the violations "willful, continuing, and egregious and warrant a substantial penalty."
The star at last week's Philadelphia Auto Show wasn't a sports car or an economy car. It was a sports-economy car — one that combines performance and practicality under one hood. But as CBS News correspondent Steve Hartman reports in this week's Assignment America, the car that buyers have been waiting decades [for] comes from an unexpected source and runs on soybean bio-diesel fuel to boot. A car that can go from zero to 60 in four seconds and get more than 50 miles to the gallon would be enough to pique any driver's interest. So who do we have to thank for it. Ford? GM? Toyota? No — just Victor, David, Cheeseborough, Bruce, and Kosi, five kids from the auto shop program at West Philadelphia High School. The five kids ... built the soybean-fueled car as an after-school project. It took them more than a year — rummaging for parts, configuring wires and learning as they went. As teacher Simon Hauger notes, these kids weren't exactly the cream of the academic crop. "If you give kids that have been stereotyped as not being able to do anything an opportunity to do something great, they'll step up," he says. Stepping up is something the big automakers have yet to do. They're still in the early stages of marketing hybrid cars while playing catch-up to the Bad News Bears of auto shop. "We made this work," says Hauger. "We're not geniuses. So why aren't they doing it?" Kosi thinks he knows why. The answer, he says, is the big oil companies.
Note: So why isn't this remarkable engine design breakthrough making front page headlines in all major media? Why aren't the many other major energy breakthroughs that have been reported given the headlines they deserve? Could it be that those who are reaping huge profits from oil sales have much more political and media influence than you might imagine? For lots more reliable information on this, click here.
Researchers at Rensselaer Polytechnic Institute have developed a tabletop accelerator that produces nuclear fusion at room temperature, providing confirmation of an earlier experiment conducted at the University of California, Los Angeles (UCLA). The device, which uses two opposing crystals to generate a powerful electric field, could potentially lead to a portable, battery-operated neutron generator for a variety of applications, from non-destructive testing to detecting explosives and scanning luggage at airports. The device is essentially a tabletop particle accelerator. At its heart are two opposing “pyroelectric” crystals that create a strong electric field when heated or cooled. The device is filled with deuterium gas — a more massive cousin of hydrogen with an extra neutron in its nucleus. The electric field rips electrons from the gas, creating deuterium ions and accelerating them into a deuterium target on one of the crystals. When the particles smash into the target, neutrons are emitted, which is the telltale sign that nuclear fusion has occurred. The new study also verified the fundamental physics behind the original experiment. This suggests that pyroelectric crystals are in fact a viable means of producing nuclear fusion, and that commercial applications may be closer than originally thought.
Note: Why was this fascinating news not reported in the major media? For more, see our New Energy Information Center at http://www.WantToKnow.info/newenergyinformation
Exxon Mobil, the nation's largest energy company, today reported a 27 percent surge in profits for the fourth quarter as elevated fuel prices gave rise to the most lucrative year ever for an American company. Exxon's profits are expected to generate new scrutiny of the company's operations in Washington, where legislators have recently expressed concern over Big Oil's good fortune as soaring oil and natural gas prices pressure consumers. Exxon said its profits climbed more than 40 percent last year, while its tax bill rose only 14 percent. Exxon's revenue last year allowed it to surpass Wal-Mart as the largest company in the United States. [The company's] revenue of $371 billion surpassed the gross domestic product of $245 billion for Indonesia, an OPEC member and the world's fourth most populous country with 242 million people.
Note: This article fails to mention the huge profits reaped by oil companies as a result of gas price gouging immediately after Katrina.
There’s an oil boom going on right now. Not in Saudi Arabia or Kuwait or any of those places, but...in Alberta, Canada. The oilmen up there are...digging up dirt -- dirt that is saturated with oil. They’re called oil sands, and if you’ve never heard of them then you’re in for a big surprise because the reserves are so vast in the province of Alberta that they will help solve America’s energy needs for the next century. Within a few years, the oil sands are likely to become more important to the United States than all the oil that comes to us from Saudi Arabia. There are 175 billion barrels of proven oil reserves here. That’s second to Saudi Arabia’s 260 billion but it’s only what companies can get with today’s technology. The estimate of how many more barrels of oil are buried deeper underground is staggering. "We know there’s much, much more there. The total estimates could be two trillion or even higher," says Clive Mather, Shell's Canada chief. "This is a very, very big resource." Very big? That’s eight times the amount of reserves in Saudi Arabia.
Note: For those who fear oil shortages and an energy crisis, here's yet another example of huge, untapped energy reserves. For many other, cleaner options, see http://www.WantToKnow.info/newenergyinformation
LOS ALAMOS, N.M. - There is a new breed of weaponry fast approaching. They are labeled "directed-energy weapons," and they may well signal a revolution in military hardware -- perhaps more so than the atomic bomb. Directed-energy weapons take the form of lasers, high-powered microwaves and particle beams. Their adoption for ground, air, sea, and space warfare depends not only on using the electromagnetic spectrum, but also upon favorable political and budgetary wavelengths too. After more than two decades of research, the United States is on the verge of deploying a new generation of weapons that discharge beams of energy, such as the Airborne Laser and the Active Denial System, as well as the Tactical High Energy Laser, or THEL. Then there’s Active Denial Technology -- a non-lethal way to use millimeter-wave electromagnetic energy to stop, deter and turn back an advancing adversary. This technology, supported by the U.S. Marines, uses a beam of millimeter waves to heat a foe’s skin, causing severe pain without damage, and making the adversary flee the scene. By tuning the resonance of a laser onto Earth’s ionosphere, you can create audible frequencies. Like some boom box in the sky, the laser-produced voice could bellow from above down to the target below: "Put down your weapons."
The idea that measuring the properties of one particle could instantaneously change the properties of another one (or a whole bunch) far away is strange to say the least. The team that pulled off the beryllium feat...hailed it as another step toward computers that would use quantum magic to perform calculations. But it also served as another demonstration of how weird the world really is according to the rules, known as quantum mechanics. Nary a week goes by that does not bring news of another feat of quantum trickery once only dreamed of in thought experiments: particles (or at least all their properties) being teleported across the room in a microscopic version of Star Trek beaming; electrical "cat" currents that circle a loop in opposite directions at the same time; more and more particles farther and farther apart bound together in Einstein's spooky embrace now known as "entanglement." At the University of California, Santa Barbara, researchers are planning an experiment in which a small mirror will be in two places at once. Anton Zeilinger of the University of Vienna said that he thought, "The world is not as real as we think.
Note: Consider also that top secret projects are generally at least 10 years in advance of anything reported in the news or scientific magazines. We can only imagine what these projects might be doing.
The son of [a] rocket scientist thinks he is close to perfecting...a machine that might make cheap, clean electricity from the ocean. "I believe it'll change the world," said second-generation inventor Tom Woodbridge, a NASA engineer. In theory, the idea is simple. Spinning copper wires through a stable magnetic field makes electricity — lots of electrons jumping off the magnetic field and zooming through a conductive metal. And since the ocean waves are already moving, why not cobble together a machine to harness that energy? Think Pogo Stick inside a floating drum. The rocking motion of the waves pushes a long cylinder of magnets up and down a copper coil. His small model generates 10 watts of power in a 6-inch wave chop. A full-scale version could generate 160 kilowatts. That one buoy is enough to power 160 houses, following the rule of thumb that the average U.S. home uses about 1,000 kilowatts of electricity each month.
Note: The Houston Chronicle actually cut off part of the original article, including the last three sentences above. To read the entire article, click here. For lots more on new energy inventions, see click here.
It seems too good to be true: a new source of near-limitless power that costs virtually nothing, uses tiny amounts of water as its fuel and produces next to no waste. Randell Mills, a Harvard University medic who also studied electrical engineering at Massachusetts Institute of Technology, claims to have built a prototype power source that generates up to 1,000 times more heat than conventional fuel. Independent scientists claim to have verified the experiments and Dr Mills says that his company, Blacklight Power, has tens of millions of dollars in investment lined up to bring the idea to market. What has much of the physics world up in arms is Dr Mills's claim that he has produced a new form of hydrogen, the simplest of all the atoms, with just a single proton circled by one electron. In his "hydrino", the electron sits a little closer to the proton than normal, and the formation of the new atoms from traditional hydrogen releases huge amounts of energy. According to Dr Mills, there can be only one explanation: quantum mechanics must be wrong. "We've done a lot of testing. We've got 50 independent validation reports, we've got 65 peer-reviewed journal articles," he said. "We ran into this theoretical resistance and there are some vested interests here.
Note: Hundreds of respected scientists, including a genius friend of ours with 12 patents to his name, have developed devices which produce energy for a very low price, only to have their inventions either bought and shelved or destroyed systematically by those with vested interests. Our friend's $7 million company was taken over by vested oil interests after first both his home and office were ransacked and than a bullet-hole was put through his office window. For lots more on this, see our New Energy Information Center.
Exxon Mobil Corp. had a quarter for the record books. The world's largest publicly traded oil company said Thursday high oil and natural-gas prices helped its third-quarter profit surge almost 75 percent to $9.92 billion, the largest quarterly profit for a U.S. company ever, and it was the first to ring up more than $100 billion in quarterly sales. The hurricanes slashed Exxon Mobil's U.S. production volumes by 50,000 barrels of oil equivalent per day, down nearly 5 percent year-over-year, costing the company $45 million before taxes. The company said total daily production slipped to 2.45 million barrels of oil equivalent from 2.51 million barrels.
Note: Isn't it amazing that though oil production fell, and though we all are paying much higher gas prices, Exxon Mobil earned the largest profits ever in the same quarter as Hurricane Katrina? Wouldn't it be nice if during a national catastrophe the oil companies were willing to drop their prices and suffer a little with the rest of us?
Solar Energy Cells Made of Everyday Plastic. In research published today in Nature Materials magazine, [several researchers] showcase their work on an innovative new plastic (or polymer) solar cell they hope eventually can be produced at a mere 10 percent to 20 percent of the current cost of traditional cells, making the technology more widely available. The price for quality traditional solar modules typically is around three to four times more expensive than fossil fuel. Independent tests on the UCLA solar cell already have received high marks. The nation's only authoritative certification organization for solar technology, the National Renewable Energy Laboratory (NREL), located in Golden, Colo., has helped the UCLA team ensure the accuracy of their efficiency numbers. The plastic solar cell is still a few years away from being available to consumers, but the UCLA team is working diligently to get it to market.
Note: Why is it that ABC was the only one of the mainstream media to pick up this important article, and even ABC's report appears to belittle the development as much as it gives an optimistic outlook. And why isn't the government pouring funding into this most worthy project?
Scott Stevens is...the face of the weather at KPVI News Channel 6. The Pocatello native made his final Channel 6 forecast Thursday night, leaving a job he's held for nine years in order to pursue his weather theories on a full-time basis. Since Katrina, Stevens has been in newspapers across the country. On Wednesday, Stevens was interviewed by Fox News firebrand Bill O'Reilly. Stevens said he received 30 requests to do radio interviews on Thursday alone. Although the theories espoused by Stevens - scalar weapons, global dimming - are definitely on the scientific fringe today, there are thousands of Web sites that mention such phenomena. "The Soviets boasted of their geoengineering capabilities; these impressive accomplishments must be taken at face value simply because we are observing weather events that simply have never occurred before, never!" Stevens wrote on his Web site. To learn more about Stevens and his thoughts on manipulated weather, check out his Web site at www.weatherwars.info, or go to www.journalnet.com/articles/2005/03/06/opinion/opinion04.txt.
An Idaho weatherman says Japan's Yakuza mafia used a Russian-made electromagnetic generator to cause Hurricane Katrina in a bid to avenge itself for the Hiroshima atom bomb attack. Meteorologist Scott Stevens, a nine-year veteran of KPVI-TV in Pocatello, said he was struggling to forecast weather patterns starting in 1998 when he discovered the theory on the Internet. It's now detailed on Stevens' website, www.weatherwars.info. Stevens...says a little-known oversight in physical laws makes it possible to create and control storms -- especially if you're armed with the Cold War-era weapon said to have been made by the Russians in 1976. Stevens' bosses at KPVI-TV say their employee can think and say what he wants as long as he keeps the station out of the debate and acknowledges that his views are his own opinion. Bill Fouch, KPVI's general manager, said. "He's very knowledgeable about weather, and he's very popular."
Note: Former U.S. Secretary of Defense William S. Cohen in a 1997 news briefing stated: "Others are engaging even in an eco-type of terrorism whereby they can alter the climate, set off earthquakes, volcanoes remotely through the use of electromagnetic waves." To verify this quote on the U.S. Department of Defense website, click here. If terrorist organizations have the capability to set off earthquakes and other major natural disasters, do you think huge military research laboratories might have some of the same capabilities? For more, click here and here.
Goldes, 73, is chief executive of a small company called Magnetic Power Inc., which has spent years researching ways to, yes, generate power using magnets. Within a few months, he says, he might just have a breakthrough to report that could revolutionize where people get fuel. "All we know is that we're seeing more energy output than input. Does Goldes realize what's he's saying -- that he's perhaps discovered a clean, inexhaustible energy source? "That's exactly what it appears to be," he answered. What Goldes believes he's done is produce power from what physicists call zero-point energy. In simple terms, zero-point energy results from the infinitesimal motion of molecules even when seemingly at rest. Normally, I dismiss such pie-in-the-sky pronouncements. But Goldes isn't so easy to shrug off. That's because he's also come up with technology called the UltraConductor. The research was funded in part by the Department of Defense, which invested $600,000 in the project. A handful of other companies worldwide are believed also to be pursuing zero-point energy via magnetic systems. One of them, InterStellar Technologies, is run by a former scientist at NASA's Jet Propulsion Laboratory in Pasadena. According to Aviation Week & Space Technology magazine, the Pentagon and at least two large aerospace companies are actively researching zero-point energy as a means of propulsion.
Faced with a record-high national gasoline price of $3.07 per gallon, a senior Republican senator said on Tuesday it was time for lawmakers to take another look at imposing stricter mileage standards on mini-vans and other vehicles. Most Republicans and the White House oppose significantly higher mileage requirements because of the potential impact on U.S. automakers and passenger safety. On Tuesday, the U.S. government reported that the average U.S. weekly retail gasoline price rocketed to $3.07 cents per gallon, up nearly 46 cents from last week, because of Katrina's damage to refineries and pipelines. In June, the Senate voted to reject a Democratic amendment to the energy bill to require better mileage for new gas-guzzling sport utility and other vehicles. Illinois Sen. Dick Durbin had proposed that the standards be revised to boost the fuel economy of passenger cars to 40 miles per gallon (mpg) by 2016, and sport utility vehicles to 27.5 mpg. The proposal was defeated.
Note: Why did no major media pick up on this crucial story from one of the most watched news services in the world? Why, with all of the talk about getting off of our dependence on oil, wouldn't lawmakers want our cars to get better car mileage? For possible answers, click here.
Important 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.