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: Alternative Energy · Carbon and Climate · Corn Ethanol · Energy Costs · Energy Independence · Energy Security · Ethanol Energy · Fuel Costs · Global Warming · Hydrogen Energy · Oil Energy · Peak Oil · Solar Energy · Wind Energy
Oil Tax could Facilitate Alternative Energy Development
March 2nd, 2008 · 2 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: Alternative Energy · CO2 Emissions · Carbon Economics · Carbon Emissions · Carbon Footprint · Carbon and Climate · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Hydrocarbon Fuels · Oil Energy · Peak Oil · Transportation Energy Economics