MGPC Rotating Header Image

Posts under ‘oil’

Global Energy Forecast

Global Energy Forecast Foresees Large Jump in Demand by 2030 Thursday, 28 May 2009 11:22 function GetMetaValue(meta_name) { var my_arr=document.getElementsByTagName(“META”); for (var counter=0; counter<my_arr.length; counter++) { if (my_arr[counter].name.toLowerCase() == meta_name.toLowerCase()) { return my_arr[counter].content; } } return “N/A”; } var jbm_d = GetMetaValue(‘description’); var jbm_t = encodeURIComponent(document.title); var jbm_u = encodeURIComponent(location.href); Worldwide demand for energy will [...]

The USA’s Failing Energy Policy

I have been trying not to get political on this blog, but this was the last straw. Since the House failed to approve extension of the ITC, or Investment Tax Credit, the Senate had to package it into the abominable $ 700 billion bank socialization package. The Renewable Energy Tax Credit is the incentive package [...]

Big Oil’s Great Land Grab (Reprinted From Sierra Club)

Did you know that oil companies are already sitting on 68 million acres of leases that they aren’t even drilling? Which kind of makes you wonder: Why are Big Oil and its allies suddenly desperate to get their hands on the last few places that are still protected — our natural treasures, wildlife refuges, and [...]

The Saudi Bombshell…

It is worth reading the complete article linked below, but in the end, whether what we are seeing here is the result of real “Peak Oil,” or “constrained oil” is not important. The fact still remains that we must wean ourselves from fossil fuels for national security and environmental reasons: Saudi King Abdullah drops quiet [...]

This Car Makes the Prius Look Like a Hummer!

This is not a prototype – it’s a production model car! Pretty sharp, until you are rear-ended by a Hummer. That’s why you won’t want to laugh too hard when you are passing up the gas station…

World Food Crisis, Peak Oil, Stagflation and Other Disasters

While reading the headlines about violence around the world caused by food shortages, I started to think that my blog about America’s obsession with bio-fuels was a little too tame. After all, besides the shifting of the Chinese diet higher up the food chain (it requires 8 calories of grain to create 1 calorie of [...]