With the infinite wisdom of the White House and U.S. Congress, food prices are now directly tied to the price oil. The price of corn-based ethanol is now determined by the price of gasoline that it substitutes in motor vehicles and that price is established by supply and demand for oil. The price […]
Entries from March 2008
Blame high food and energy prices on the White House
March 15th, 2008 · 1 Comment
Tags: Energy Security · Ethanol Energy · Energy Independence · Hydrogen Energy · Peak Oil · Corn Ethanol · Carbon and Climate · Global Warming · Alternative Energy · Wind Energy · Energy Costs · Fuel Costs · Oil Energy · Solar Energy
Oil Tax could Facilitate Alternative Energy Development
March 2nd, 2008 · No Comments
Oil continues to trade above $100 per barrel with the NYMEX CRUDE FUTURE closing at $101.84 on the last day of February 2008 and the US House of Representative passes legislation to raise $18 billion in new taxes for Big Oil to foster development of alternative energies. While President […]
Tags: Transportation Energy Economics · Carbon and Climate · Energy Expenditures · Energy Security · Peak Oil · Energy Independence · Oil Energy · CO2 Emissions · Energy Costs · Alternative Energy · Carbon Emissions · Carbon Footprint · Carbon Economics · Hydrocarbon Fuels · Energy Economics