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Revealing News For a Better World

Energy News Stories
Excerpts of Key Energy News Stories 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.

For further exploration, delve into our Energy Information Center.


Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


EDF exits US nuclear, focuses on renewables
2013-07-31, Business Spectator/Reuters
Posted: 2013-08-27 08:02:02
http://www.businessspectator.com.au/news/2013/7/31/renewable-energy/edf-exits...

French utility EDF, the world's biggest operator of nuclear plants, is pulling out of nuclear energy in the United States, bowing to the realities of a market that has been transformed by cheap shale gas. Several nuclear reactors in the US have been closed or are being shuttered as utilities baulk at the big investments needed to extend their lifetimes now that nuclear power has been so decisively undercut by electricity generated from shale gas. "The spectacular fall of the price of gas in the US, which was unimaginable a few years ago, has made this form of energy ultra competitive vis a vis all other forms of energy," EDF Chief Executive Henri Proglio told a news conference. EDF agreed with its partner Exelon on an exit from their Constellation Energy Nuclear Group (CENG) joint venture, which operates five nuclear plants in the United States with a total capacity of 3.9 gigawatts. "Circumstances for the development of nuclear in the US are not favourable at the moment," Proglio said. International Energy Agency analyst Dennis Volk said CENG's eastern US power plants were located in some of the most competitive power markets in the country, with high price competition, growing wind capacity and cheap gas. "It is simply not easy to invest in nuclear and recover your money there," Volk said. Proglio said EDF would now focus on renewable energy in the United States. EDF employs 860 people in US solar and wind, and since 2010 its generating capacity has doubled to 2.3 gigawatts.

Note: For more on encouraging energy developments, see the deeply revealing reports from reliable major media sources available here.


California duped on energy buys again
2013-08-01, San Francisco Chronicle (SF's leading newspaper)
Posted: 2013-08-12 16:54:56
http://www.sfchronicle.com/opinion/editorials/article/California-duped-on-ene...

JPMorgan Chase & Co. has agreed to pay federal regulators $410 million to settle allegations that the giant bank manipulated energy markets in California and Michigan. About $285 million of the settlement will go to the U.S. Treasury for civil penalties, and about $124 million will be refunded to California ratepayers. The remainder will be refunded to Michigan ratepayers. If this story sounds familiar, that's because it is. Californians who remember the Enron energy debacle of 2000-01 won't be surprised to learn that JPMorgan's traders have been accused of fraudulent behavior. Once again, the fraud was performed by manipulating the auction system that was developed by a quasi-state agency, the California Independent System Operator, to handle California's electricity needs. The Federal Energy Regulatory Commission found that JPMorgan engaged in 12 manipulative bidding strategies, which wound up forcing ratepayers to pay higher amounts than they should have - all because the bank wanted to find a cheap way to profit off of aging power plants in Southern California. JPMorgan used a variety of bait-and-switch strategies - duping Cal-ISO into paying exorbitant fees for running the plants at a low level, for instance, or manipulating the bidding system so that Cal-ISO was forced to pay rates that were many times higher than market rate. The fact that this kind of manipulation is still happening is upsetting. And while $410 million is a record settlement for the FERC, it's a drop in the bucket to JPMorgan, which reported $6.5 billion in quarterly profits this month.

Note: Remember Enron, which scammed millions and then went bankrupt, wiping out pensions of its many employees? To read CBS reports on how Enron purposely shut down power plants so they could cause and then cash in on the energy crisis, click here.


Solar Impulse aims to push innovation on the ground
2013-07-15, CBS News
Posted: 2013-07-31 11:30:53
http://www.cbsnews.com/8301-35040_162-57593684/solar-impulse-aims-to-push-inn...

Hangar 19 at New York's John F. Kennedy International Airport is host to one unique airplane: the Solar Impulse. The sun-powered plane made history by becoming the first aircraft to fly across America day and night without fuel. The Solar Impulse finished its two-month journey from NASA's Moffett Field in Mountain View, Calif. to JFK airport on July 6, where it is currently parked. The aircraft is powered by 11,628 solar cells, has an average flying speed of about 43 miles (70 kilometers) per hour and its maximum altitude is about 27,900 feet. Although its wingspan rivals a 747, the actual body of the plane is a lot smaller, with a cockpit that can only fit one person. The groundbreaking trip may seem too slow to be practical, but chairman and pilot Bertrand Piccard thinks there is a bigger picture behind the project. "We believe if we can demonstrate this in the air, where it is the most difficult to do, people will understand that they can also use the same technologies for their daily lives," Piccard [said]. Piccard shared piloting the plane with the company's co-founder and CEO Andre Borschberg. The two flew in 24-hour shifts across America, and made stopovers in Phoenix, Dallas-Fort Worth, St. Louis, Cincinnati and Dulles. Some of the key advances used on the Solar Impulse include carbon fiber sheets that weigh 0.8 ounces per 11 square feet, solar cells that are about the thickness of a human hair and batteries with a high energy density. While the technologies are impressive, the creators emphasize that they didn't re-invent the wheel. They believe that pieces of the puzzle already exist, but needs to be put together in a different way.

Note: For a treasure trove of great news articles which will inspire you to make a difference, click here.


"Death Ray" for Planes
1940-09-22, New York Times
Posted: 2013-06-04 09:02:50
http://query.nytimes.com/mem/archive/pdf?res=9807E2DA1638E532A25751C2A96F9C94...

Nikola Tesla, one of the truly great inventors [says] that he stands ready to divulge to the United States government the secret of his "teleforce," of which he said, "airplane motors would be melted at a distance of 250 miles, so that an invisible 'Chinese Wall of Defense' would be built around the country against any enemy attack by an enemy air force, no matter how large." This "teleforce" ... would operate through a beam one-hundred-millionth of a square centimeter in diameter, and could be generated from special plant that would cost no more then $2,000,000 and would take only about three months to construct. A dozen such plants, located at strategic points along the coast, according to Mr. Tesla, would be enough to defend the country against all aerial attack. The beam would melt any engine, whether diesel or gasoline driven, and would also ignite the explosives aboard any bomber. No possible defense against it could be devised, he asserts, as the beam would be all-penetrating. The beam [would involve] a new method for producing "a tremendous repelling electrical force." This would be the projector, or the gun of the system. The voltage for propelling the beam to its objective, according to the inventor, will attain a potential of 80,000,000 volts. With this enormous voltage, he said, microscopic electrical particles of matter will be catapulted on their mission of defensive destruction.

Note: If you are unable to access this article at the link above, you can also find it at this link. The technology Tesla was exploring here may well have been used in the currently functioning HAARP facilities, which some researchers believe are being used to manipulate weather and more. For an abundance of reliable information on HAARP, click here. For an amazing 35-page autobiography by Tesla himself, click here.


Tesla's New Device Like Bolts of Thor
1915-12-08, New York Times
Posted: 2013-06-04 09:01:09
http://query.nytimes.com/mem/archive-free/pdf?res=F10F15F7385B17738DDDA10894D...

Nikola Tesla, the inventor, winner of the 1915 Nobel Physics Prize, has filed patent applications on the essential parts of a machine ... which he says will render fruitless any military expedition against a country which possesses it. The destructive invention will go through space with a speed of 300 miles a second, [a] manless airship without propelling engine or wings, sent by electricity to any desired point on the globe on its errand of destruction, if destruction its manipulator wishes to effect. Ten miles or a thousand miles, it will be all the same to the machine, the inventor says. Straight to the point, on land or on sea, it will be able to go with precision, delivering a blow that will paralyze or kill, as is desired. A man in a tower on Long Island could shield New York against ships or army by working a lever, if the inventor's anticipations become realizations. "It is perfectly practicable to transmit electrical energy without wires and produce destructive effects at a distance. I have already constructed a wireless transmitter which makes this possible, and have described it in my technical publications. With transmitters of this kind we are enabled to project electrical energy in any amount to any distance and apply it for innumerable purposes, both in peace and war. The art is already so far developed that great destructive effects can be produced at any point on the globe, determined beforehand and with great accuracy." Dr. Tesla then said that it would be possible with his wireless mechanism to direct an ordinary aeroplane, manless, to any point over a ship or an army, and to discharge explosives of great strength from the base of operations.

Note: If you are unable to access this article at the link above, you can also find it at this link or this one. Some believe that this amazing technology was developed and then kept secret for reasons of national security. The technology Tesla was exploring here could have played a part in the secretive HAARP facilities, which some researchers believe are being used to manipulate weather and more. For an abundance of reliable information on HAARP, click here. For an amazing 35-page autobiography by Tesla himself, click here.


Finally! Independent Testing Of Rossi's E-Cat Cold Fusion Device: Maybe The World Will Change After All
2013-05-20, Forbes
Posted: 2013-05-28 10:02:12
http://www.forbes.com/sites/markgibbs/2013/05/20/finally-independent-testing-...

Back in October 2011 I first wrote about Italian engineer, Andrea Rossi, and his E-Cat project, a device that produces heat through a process called a Low Energy Nuclear Reaction (LENR). Very briefly, LENR, otherwise called cold fusion, is a technique that generates energy through low temperature (far lower than hot fusion temperatures which are in the range of tens off thousands of degrees) reactions that are not chemical. Most importantly, LENR is, theoretically, much safer, much simpler, and many orders of magnitude cheaper than hot fusion. What everyone wanted was something that Rossi has been promising was about to happen for months: An independent test by third parties who were credible. A report by credible, independent third parties is exactly what we got. Published on May 16, the paper [is] titled “Indication of anomalous heat energy production in a reactor device”, [by] serious academics with reputations to lose and the paper is detailed and thorough. The authors [conclude,] "if we consider the whole volume of the reactor core and the most conservative figures on energy production, we still get a value ... that is one order of magnitude higher than any conventional source." This is not, of course, the last word or even one anywhere near the end of this story but unless this is one of the most elaborate hoaxes in scientific history it looks like the world may well be about to change. How quick will depend solely on Rossi.

Note: For another point of view on this breakthrough testing, see the well written article at this link. For dozens of other major media articles reporting spectacular breakthroughs in new energy technology that strangely were neither debunked nor followed up on, click here.


BP and Shell raided in European commission price-rigging inquiry
2013-05-14, The Guardian (One of the UK's leading newspapers)
Posted: 2013-05-21 08:15:37
http://www.guardian.co.uk/business/2013/may/14/bp-shell-oil-price-rigging

The London offices of BP and Shell have been raided by European regulators investigating allegations they have "colluded" to rig oil prices for more than a decade. The European commission said its officers carried out "unannounced inspections" at several oil companies in London, the Netherlands and Norway to investigate claims they may have "colluded in reporting distorted prices to a price reporting agency [PRA] to manipulate the published prices for a number of oil and biofuel products". The commission said the alleged price collusion, which may have been going on since 2002, could have had a "huge impact" on the price of petrol at the pumps "potentially harming final consumers". Lord Oakeshott, former Liberal Democrat Treasury spokesman, said the alleged rigging of oil prices was "as serious as rigging Libor" – which led to banks being fined hundreds of millions of pounds. He demanded to know why the UK authorities had not taken action earlier. "Why have we had to wait for Brussels to find out if British oil giants are ripping off British consumers?" he said. "The price of energy ripples right through our economy and really matters to every business and families." The European authorities declined to name any of the companies raided but BP, Shell, Norway's Statoil and Platts, the world's leading oil price reporting agency, all confirmed they are being investigated.

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


Tesla’s Model S receives top rating from Consumer Reports
2013-05-09, Washington Post/Bloomberg
Posted: 2013-05-14 09:02:11
http://www.washingtonpost.com/business/tesla-electric-model-s-sedan-grabs-con...

Tesla Motors Inc.’s electric Model S, Motor Trend’s 2013 “Car of the Year,” received the highest rating from Consumer Reports in an evaluation of the luxury sedan that led first-quarter North American plug-in car sales. The Model S from Palo Alto, California-based Tesla scored 99 out of 100 points, the non-profit magazine said in an e-mailed statement. The $89,650 car bought by Consumer Reports “performed better, or just as well overall” as any vehicle it’s ever tested, the ... magazine said. “It accelerates, handles and brakes like a sports car, it has the ride and quietness of a luxury car and is far more energy efficient than the best hybrid cars,” said Jake Fisher, Consumer Reports’ director of automotive testing. No rechargeable car has won a score as high as the Model S. The magazine last gave a vehicle 99 points in 2007, when Toyota Motor Corp.’s Lexus LS460L ranked that high. Model S shortcomings include limited range, long charge times and “coupe-like styling that impairs rear visibility and impedes access,” Consumer Reports said. Along with reliability that isn’t yet determined, Tesla still has a limited service network, the magazine said. The test vehicle had an 85-kilowatt/hour lithium-ion battery pack and averaged about 200 miles (322 kilometers) per charge in real-world driving, the magazine said. The Tesla “is easily the most practical electric car that has been tested to date,” Consumer Reports said.

Note: After undeniable suppression of the electric car by car manufacturers, independent upstart Tesla Motors has done it! Expect to see more breakthroughs from this great new company. For more on the company's amazing namesake and how his inventions were suppressed, click here.


Solar-powered plane completes first leg of cross-country journey
2013-05-04, Los Angeles Times
Posted: 2013-05-14 09:00:37
http://www.latimes.com/news/nation/nationnow/la-na-nn-solar-airplane-phoenix-...

[Solar Impulse HB-SIA, a] solar-powered aircraft making a landmark cross-country flight [piloted by Bertrand Piccard], successfully completed its first leg [on May 4], and will rest about a week in [Phoenix] Arizona before taking to the skies again. "It's a little bit like being in a dream," Piccard told the Associated Press. The aircraft, running off solar cells and electric batteries rather than fossil fuels, ... travels at a leisurely 43 mph and cruises at a maximum altitude of 28,000 feet. Spokeswoman Alenka Zibetto [said] that the exact length of the stay would depend on weather. It is proving to be a popular attraction. Online registration for the Sunday slots -- with space for 150 people per hour -- filled up within a day, Zibetto said. The solar company SunPower [manufactured] the solar cells lining the 208-foot wingspan of Solar Impulse.

Note: For a treasure trove of great news articles on exciting new energy technologies, click here. For a treasure trove of great news articles which will inspire you to make a difference, click here.


The Falling Cost Of Solar Energy Is Surprising Everyone
2013-05-02, Business Insider
Posted: 2013-05-14 08:58:16
http://www.businessinsider.com/citi-the-solar-age-is-dawning-2013-5

Citi has just named solar photovoltaics, which convert solar radiation into electric currents via semiconductors, to its list of 10 world-disrupting technologies. In a note this week in advance of the disruption report, Citi's Jason Channell said that in many cases, renewables are already at cost parity with established forms of electricity sources. The biggest surprise in recent years has been the speed at which the price of solar panels has reduced, resulting in cost parity being achieved in certain areas much more quickly than was ever expected; these fast ‘learning rates’ are likely to continue, meaning that the technology just keeps getting cheaper. At peak solar exposure, parts of the southwest U.S. are now already capable of meeting their electricity needs via solar panels. The rapidly expanding parity provides enormous scope for growth in the solar industry, driven by standalone economics as opposed to subsidies, which are becoming ever scarcer in an austerity-driven world. Gas isn't going away, but renewables are coming on strong.

Note: It's rather strange that most mainstream media have hardly reported on this most awesome news at all. For another article showing that solar energy cost is already near parity with other energy sources, click here. For a treasure trove of great news articles on exciting new energy technologies, click here. For a treasure trove of great news articles which will inspire you to make a difference, click here.


Toyota Rav4 EV review: electrifying
2013-03-25, San Francisco Chronicle (SF's leading newspaper)
Posted: 2013-04-02 09:19:13
http://www.sfchronicle.com/business/article/Toyota-Rav4-EV-review-electrifyin...

In the new crop of electric cars, the Rav4 may be the best you've never heard of. It comes from one of the world's largest automakers and sports a drivetrain built by Tesla Motors, rock star of the plug-in world. And yet, outside the circle of electric enthusiasts, few drivers know it exists. You can buy it only in California. Toyota doesn't advertise it on TV. So far, the company has committed to building just 2,600. Critics, including some people who love the Rav4 EV, say Toyota made it only to comply with California regulations that force automakers to sell zero-pollution cars. "Everyone agrees it's a wonderful car," said Felix Kramer, founder of CalCars, a plug-in vehicle advocacy group. "Too bad there's not enough." That suspicion comes from experience. Toyota made an electric version of the Rav4 once before, building 1,484 of the small SUVs between 1997 and 2003. Then the company killed the program, after California changed its zero-emission vehicle (ZEV) rules. The new Rav4 EV ... boasts ferocious acceleration, plenty of power and a low center of gravity thanks to the big battery pack hidden in the floor. It's not a luxury car, but the interior is comfortable and plush, tricked out with a touch-screen and heated seats. Those so inclined can take the Rav4 EV from a standstill to 60 mph in 7 seconds. The car gets a solid 125 miles on a fully charged battery pack, and an easy-to-read number on the dash constantly reminds you how many miles you have left.

Note: Once again a major car manufacturer produces a great electric vehicle only to suppress it. Remember "Who Killed the Electric Car", the movie on GM's EV1 which was killed despite major consumer interest? Then there was Toyota's 100 mpg Eco Spirit which was also killed. For lots more reliable information on this suggesting industry suppression of energy breakthroughs, click here.


Life After Oil and Gas
2013-03-24, New York Times
Posted: 2013-04-02 09:05:48
http://www.nytimes.com/2013/03/24/sunday-review/life-after-oil-and-gas.html?p...

As renewable energy gets cheaper and machines and buildings become more energy efficient, a number of countries that two decades ago ran on a fuel mix much like America’s are successfully dialing down their fossil fuel habits. Thirteen countries got more than 30 percent of their electricity from renewable energy in 2011, according to the Paris-based International Energy Agency, and many are aiming still higher. A National Research Council report released last week concluded that the United States could halve by 2030 the oil used in cars and trucks compared with 2005 levels by improving the efficiency of gasoline-powered vehicles and by relying more on cars that use alternative power sources. Other countries have made far more concerted efforts to reduce fossil fuel use than the United States and have some impressive numbers to show for it. Of the countries that rely most heavily on renewable electricity, some, like Norway, rely on that old renewable, hydroelectric power. But others, like Denmark, Portugal and Germany, have created financial incentives to promote newer technologies like wind and solar energy. People convinced that America “needs” the oil that would flow south from Canada through the Keystone XL pipeline might be surprised to learn that Canada produced 63.4 percent of its electricity from renewable sources in 2011, largely from hydropower and a bit of wind. (Maybe that is why Canada has all that oil to sell.) The United States got only 12.3 percent of its electricity from renewables in 2011.

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


An Energy Coup for Japan: ‘Flammable Ice’
2013-03-13, New York Times
Posted: 2013-03-25 15:51:00
http://www.nytimes.com/2013/03/13/business/global/japan-says-it-is-first-to-t...

Japan said [on March 12] that it had extracted gas from offshore deposits of methane hydrate. The gas, whose extraction from the undersea hydrate reservoir was thought to be a world first, could provide an alternative source of energy to known oil and gas reserves. That could be crucial especially for Japan, which is the world’s biggest importer of liquefied natural gas and is engaged in a public debate about whether to resume the country’s heavy reliance on nuclear power. Experts estimate that the carbon found in gas hydrates worldwide totals at least twice the amount of carbon in all of the earth’s other fossil fuels, making it a potential game-changer for energy-poor countries like Japan. Researchers had already successfully extracted gas from onshore methane hydrate reservoirs, but not from beneath the seabed, where much of the world’s deposits are thought to lie. The exact properties of undersea hydrates and how they might affect the environment are still poorly understood, given that methane is a greenhouse gas.

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


U.S. has energy trade surplus with China
2013-03-06, San Francisco Chronicle (SF's leading newspaper)
Posted: 2013-03-12 08:47:58
http://www.sfgate.com/business/article/U-S-has-energy-trade-surplus-with-Chin...

American clean-energy companies racked up a $1.6 billion trade surplus with China in 2011. The report from the Pew Charitable Trusts contradicts the widely held belief that China has overtaken U.S. leadership in clean technologies. According to Pew's research, the U.S. solar industry held a $913 million trade surplus with China in 2011. American wind companies boasted a $146 million surplus. And U.S. "energy smart technologies" - a catch-all category Pew used to survey makers of advanced batteries, light-emitting diodes and electric cars - scored a $571 million trade surplus with China. China exports to the United States items that lend themselves to mass production, such as solar cells and modules. U.S. companies sell to China items that require advanced engineering, such as electronic control systems and manufacturing equipment. The United States also sells more specialized materials used in clean-tech products, such as polysilicon for solar cells and fiberglass for wind turbine blades. Competition among clean-tech companies in China and the United States has strained relations between the two countries. American authorities have slapped import tariffs on Chinese solar panels, and the Chinese government has threatened to retaliate. And yet the Chinese and American clean-tech industries are deeply intertwined, according to the Pew report. In 2011, the latest year data were available, trade in alternative energy technologies between the two countries reached $8.5 billion.

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


Denmark Moves To Cool Its Red-Hot Solar Energy Market
2012-11-30, Forbes
Posted: 2013-02-25 16:22:58
http://www.forbes.com/sites/justingerdes/2012/11/30/denmark-moves-to-cool-its...

Denmark's energy minister introduced legislation earlier this month that would ... trim generous subsidies that [along] with the falling price of [solar] panels had triggered [rapid] growth in the number of residential solar energy systems added to the grid this year. Homeowners have installed so many rooftop photovoltaic (PV) arrays in 2012 that Denmark exceeded its 2020 solar energy target (200 MW) eight years early. Unlike the solar energy booms in Germany, Spain, the Czech Republic, and Italy, where governments used feed-in tariffs to stimulate domestic PV markets, Denmark’s solar surge has been powered by net-metering rules. Under a feed-in tariff scheme, homeowners, businesses, or other PV system owners are paid above-market rate for electricity sold to the grid over a long-term contract, usually 20 years; in net-metering jurisdictions like Denmark or California, PV system owners receive credit for surplus electricity sent to the grid. In Denmark, home to some of the highest electricity rates in Europe, the existing net-metering rules offer a generous return. The new rules introduced by Danish Climate and Energy Minister Martin Lidegaard on November 20 reduce the incentives offered to solar system owners and make PV arrays larger than 6 kilowatts eligible for subsidies. Under a national energy plan approved by the Danish Parliament in March, renewables will account for 35% of the electricity fed to the Danish grid by 2020 and 100% by 2050.

Note: Isn't that a strange title for the article? Why not something like "Denmark Achieves Solar Energy Goal 8 Years Early"? And with the questionable future of fossil fuels, why aren't more countries embracing policies like that of Denmark?


Pee power! African teens create urine-fueled generator
2012-11-08, CNET
Posted: 2013-02-25 16:20:49
http://news.cnet.com/8301-17938_105-57547296-1/pee-power-african-teens-create...

Four teenage African girls have come up with a urine-powered generator ... which they claim generates one hour of electricity from one liter (about a quart) of urine. The pee-powered product made its debut at Maker Faire Africa in Lagos, Nigeria. Urine is put into an electrolytic cell, which separates out the hydrogen. The gas cylinder pushes hydrogen into a cylinder of liquid borax, which is used to remove the moisture from the hydrogen gas. This purified hydrogen gas is pushed into the generator. The girls will probably be famous chemists one day, in any case, but they aren't the first to propose urine (or more solid human and animal waste) as a possible alternative fuel. Last year, in one example, researchers from Ohio University came up with their own technology for extracting hydrogen from urine. Doing so, they say, requires less power than plucking it from water, as hydrogen can be separated more easily from the ammonia and urea chemical compounds present in pee. The four African teens likely are the youngest researchers yet to dabble in pee as power. Skepticism aside, can we all just agree that the foursome should be lauded for their efforts to find alternative power sources on a continent that could really use them?

Note: For a treasure trove of great news articles which will inspire you to make a difference, click here.


Oil supply grows, but so does price
2013-01-25, San Francisco Chronicle (SF's leading newspaper)
Posted: 2013-02-05 10:21:58
http://www.sfgate.com/business/article/Oil-supply-grows-but-so-does-price-422...

Since 2008, oil production in the United States has surged ... 28 percent as the controversial practice of fracking unlocks new supplies in North Dakota and Texas. At the same time, use of oil and petroleum products has fallen 4 percent, as Americans switch to more efficient cars. In theory at least, both of those factors should have pushed the price of crude down. Instead, it's gone up. Since bottoming out during the financial crisis, oil futures traded on the New York Mercantile Exchange have nearly tripled in value, climbing from $33.87 per barrel in December 2008 to roughly $95 this month. Oil still costs substantially more now than it did in 2007, before the recession began. The high price illustrates a brutal truth of today's interconnected world - oil is a global commodity, bought and sold in a global marketplace. Even while demand falls in the United States, it's growing in countries such as China and India. Critics say the price paradox undercuts the oil industry's efforts to drill in more of America's public lands and coastal waters. "It really debunks the myth of 'Drill, baby, drill,' that if we just produce more oil, prices will stay low or go lower," said Michael Marx, director of the Sierra Club's Beyond Oil campaign. Will all that extra petroleum finally mean lower prices? "It's a difficult question to answer, because there's not a one-for-one (relationship) between an increase in production and a decrease in prices," said Doug MacIntyre, director of the Energy Information Administration's office of petroleum statistics. "There are so many other factors."

Note: Though the author refers to "so many other factors," he doesn't even mention greed and corruption which almost everyone knows are rampant. When will the media focus their attention on these fundamental challenges of our world?


Saudi Arabia focuses on renewable energy
2013-02-01, San Francisco Chronicle (SF's leading newspaper)
Posted: 2013-02-05 10:20:18
http://www.sfgate.com/opinion/article/Saudi-Arabia-focuses-on-renewable-energ...

While the United States still searches for a coherent national energy policy, countries you wouldn't expect are at the forefront of a green transformation. China has concrete plans to shift to renewables on a national scale and is manufacturing solar panels so cheaply it's hard for American companies to compete. Saudi Arabia, the world's biggest oil producer - led by octogenarians rarely associated with swift societal change - is moving at lightning speed to transform its electricity grid from near zero to 100 percent renewable sources. It's not that the Saudis suddenly have become environmentalists. In September, Citigroup issued a chilling, though not surprising, warning that Saudi Arabia could run out of crude for export by 2030. Even before Citigroup published its analysis, the Saudi government announced that it would spend more than $100 billion to develop 41 gigawatts of solar energy, enough to power one-third of the sun-drenched country, by 2032. In October, Saudi Arabia's 68-year-old Prince Turki Al Faisal told an economic forum in Brazil he would like to see the kingdom go entirely renewable within his lifetime. Saudi Arabia demonstrated its seriousness just a few weeks later by bringing senior executives from 20 U.S. clean-energy companies to Riyadh to explore partnerships. SunPower Corp., a San Jose manufacturer of solar systems already working with the Saudis, was one of the delegation's leaders. In other words: American companies are helping transform Saudi Arabia into a clean-energy haven so that the world's biggest oil producer can keep sending dirty and expensive crude back to gas-guzzling Americans.

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


Peugeot unveils battery-free hybrid
2013-01-22, Chicago Tribune
Posted: 2013-01-29 08:20:11
http://articles.chicagotribune.com/2013-01-22/business/chi-peugeot-unveils-ba...

PSA Peugeot Citroen [has] unveiled a pioneering hybrid vehicle concept combining a conventional engine with compressed nitrogen propulsion which it said would halve the cost of cutting emissions compared with current gasoline-electric hybrids. The French carmaker said the so-called "Hybrid Air" system developed with auto parts supplier Robert Bosch would be lighter than a hybrid running on petrol and battery power. Peugeot, which is cutting more than 10,000 jobs as it struggles to stem losses and expand overseas, said the technology would be launched around 2016, with vehicles priced below 20,000 euros ($26,600). Unlike Toyota's Prius hybrid, which supplements a conventional engine with an electric motor, the new Peugeot will use a separate hydraulic motor driven by nitrogen compressed by energy from braking and deceleration. In city driving conditions, the vehicles can travel on the compressed gas power as much as 80 percent of the time with the 3-cylinder gasoline engine cut. Peugeot said a prototype Hybrid Air subcompact emitted 72 grams of CO2 per km, compared with 104 grams for a Peugeot 208 model with the same combustion engine.

Note: For a video and more on this exciting development, click here. Let's hope this doesn't go the way of Toyota's Eco Spirit in 2002, which strangely never made it to market. For deeply revealing reports from reliable major media sources on exciting new energy and automotive technology developments, click here.


Biofuel created by explosive technology
2013-01-13, San Francisco Chronicle (SF's leading newspaper)
Posted: 2013-01-22 09:46:22
http://www.sfgate.com/science/article/Biofuel-created-by-explosive-technology...

Chemical engineers at UC Berkeley have created a new, cleaner fuel out of an old concoction that was once used to make explosives. The fuel, which uses a century-old fermentation process to transform plant material into a propellant, could eventually replace gasoline and drastically cut down on greenhouse gas emissions, according to the team of Berkeley scientists. The discovery, published in the journal Nature, means corn, sugar cane, grasses and other fast-growing plants or trees, like eucalyptus, could be used to make the propellant, replacing oil. The research into creating a diesel substitute is part of a 10-year development program by the Energy Biosciences Institute, a collaboration among UC Berkeley, Lawrence Berkeley National Laboratory and the University of Illinois at Urbana-Champaign. The research, paid for using $50 million a year from the British oil company BP, has been going on for five years. [The researchers] extracted the acetone and butanol from the fermentation mixture [and] then created a catalyst that converted the brew into a mix of hydrocarbons similar to those in diesel fuel. The resulting substance burns as well as petroleum-based fuel and contains more energy per gallon than ethanol, according to the study. It can be produced using a variety of renewable starches and sugars that can be grown in crops. The expectation in California is that it will be used initially for niche markets, like the military, and eventually in trucks, trains and other vehicles that need more oomph than hybrid or battery power can provide.

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