This week, Newsweek Magazine asked their Business Roundtable of experts such as Larry Lindsay, Robert Rubin and Bob Lutz to weigh in on the recent downturn in the U.S. economy. One of these experts, co-founder of AOL and chairman of Revolution LLC, Steve Case, flatly stated, “Rising oil prices are having a significant impact on [...]
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Fuel for Thought
- 06.10.2008 - HIGH OIL PRICES: A REAL DRAG ON THE ECONOMY
- 06.05.2008 - Popcorn-Gate!
- 06.03.2008 - The Big Pinch
- 05.29.2008 - Franken-Stat
- 05.27.2008 - 500 MPG
- 05.07.2008 - Oil in Your Corn Flakes
- 05.07.2008 - Priming the Market
- 05.01.2008 - Savings at the Pump
- 03.25.2008 - Pushing the Ball Forward…Today
- 03.20.2008 - The Greatest Hope
- 03.11.2008 - Big Dividends
- 03.06.2008 - E20 Passes Big Tests
- 03.04.2008 - “Insourcing” Green Jobs
- 02.28.2008 - Pipelines For Ethanol
- 02.26.2008 - Ethanol & Ice Cream
- 02.22.2008 - In Case You Missed It: T. Boone Pickens On Oil
- 02.21.2008 - Toxic Catastrophe
- 02.19.2008 - $100 Oil Blues
- 02.15.2008 - Science V. Speculation
- 02.14.2008 - Yankee Ingenuity on the Farm
- 02.14.2008 - Stifling Demand for Gasoline
- 02.12.2008 - Our Buddy Hugo
- 02.05.2008 - Race to the Future
- 01.31.2008 - Renewable Growth
- 01.03.2008 - 2 Billion Tons of CO2
- 01.02.2008 - The True Cost of $100 Oil
- 12.20.2007 - Cellulosic Boom
- 12.18.2007 - No Oil ’til March
- 12.13.2007 - A Convenient Solution
- 12.11.2007 - Food Price Red Herring
- 12.06.2007 - Toxic Chemicals
- 12.04.2007 - 8 Cents a Gallon
- 11.29.2007 - Kicking Fossil Fuels
- 11.27.2007 - Oil Spill After Oil Spill
- 11.20.2007 - Gassed Up Turkeys
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Fuel for Thought
HIGH OIL PRICES: A REAL DRAG ON THE ECONOMY
Popcorn-Gate!
There are perfectly reasonable questions to ask about ethanol production, such as:
What’s the impact on global food prices? (A 3 percent increase, according to USDA.)
What’s the impact on oil and gas prices? (A 15 percent decrease, according to Merrill Lynch.)
What’s the impact on emissions? (Reductions across the board, according to EPA.)
And then there’s the silliness.
The [...]
The Big Pinch
The average price of gas in America looks ready to cross the $4 line.
Weekly data released yesterday by the Energy Information Administration pegged it at $3.97 — up 82 cents a gallon from the same week last year.
This is the consequence of oil recently surging past $130 a barrel.
And yet a coalition of vocal biofuel [...]
Franken-Stat
It’s the monster stat that will never die: 1,700 gallons of water to produce a gallon of ethanol.
It was bandied most recently on the CNBC show “Fast Money” earlier this week.
The source, of course, is Cornell University entomologist David Pimentel, the fountainhead of quasi-scholarship for the anti-ethanol movement. He gets the number by adding in [...]
500 MPG
Renewable fuels like ethanol won’t wean us from oil all by themselves. But they are critical as part of a diversified energy strategy that also includes other fuel-saving vehicle technologies. Here’s an example:
Take a hybrid vehicle like the Toyota Prius. Convert it to a “plug-in” hybrid, so it can use a standard electrical outlet to [...]
Oil in Your Corn Flakes
Oil is getting a free pass in the food-v-fuel debate. Consider:
A $3 box of Corn Flakes contains 15 ounces of corn that cost 8 cents when bought from the farmer.
Meanwhile, U.S. farmers last year grew a record-setting 13.1 billion bushels of corn on 85 million acres. “Of that, 22% went to make about 7 billion [...]
News Releases:
USDA Finds Ethanol Not a Major Factor
View USDA Food and Fuel Slides
(Omaha, Neb.) – The total global increase in corn-based ethanol production accounts for only 3 percent of the recent increase in global food prices.
After the hype, hysteria and spin of the ongoing “food and fuel” debate, these facts from the Council of Economic Advisors provide further proof the ethanol industry [...]
Consumers Save $142 A Year On Coasts, $241 In Midwest, As Ethanol Production Extends U.S. Fuel Supply and Holds Down Gas Prices
View Chart
OMAHA, NE (May 8, 2008) — With gas prices in some cities nearing $4 a gallon, new research has confirmed that ethanol is saving U.S. drivers money. On the coasts, where gas prices are especially high, drivers are saving an average of $142 a year on regular unleaded. In the Midwest, they are saving [...]
More Americans Worry about Energy Issues, Poll Finds, Than Home Foreclosures, Jobs or Global Warming
View Survey Results
Omaha, NE (April 23, 2008) — When it comes to energy, Americans worry most about
dependence on foreign oil.
Almost half of the 1,200 voters polled by Peter D. Hart Research Associates Inc. rate imports one of their two biggest energy concerns. A distant second is the lack of viable alternatives to fossil fuels.
The [...]