Why is Petroleum Still So Cheap?
August 12th, 2010 // 5:43 pm @ Miss Electric
The clean tech transporation sector has experienced remarkable success in the past few years, yet there still remains one huge roadblock from mass implementation – cheap fossil fuels. Some may think this is simply a matter of free-market capitalism at work. The real truth is that petroleum and coal industries continue to receive massive subsidies [...]
Category : Oil Politics and Supply &Plug-In Policies
Shai Agassi Responds to Oil Spill
May 12th, 2010 // 1:47 pm @ Miss Electric
Shai Agassi, CEO of Better Place, gives the low-down on why electric vehicles are our number one solution for replacing petroleum in the transportation industry. His remarks come from a recent TED talks presentation showcased on CNN Opinion. Agassi says, “My hope is that we will soon get to a point where we see that [...]
Category : Oil Politics and Supply
Profits, Petroleum, and Oil Spills – Oh My!
May 6th, 2010 // 9:07 am @ Miss Electric
Can a “containment dome” save the massive amounts of oil that is pouring out of BP’s pipelines nearly two miles under the sea? Maybe. Will this mess put a damper on oil industry profits? Not likely. Can this spur a plug-in vehicle future? Hopefully. The latest efforts by BP to contain what is already known [...]
Category : Oil Politics and Supply &Plug-In Policies
2014: New and Improved Peak Oil Forecast
March 16th, 2010 // 9:44 am @ Miss Electric
A new study published in Energy & Fuels has some startling news. Using an improved forecasting model, researchers from Kuwait University and Kuwaiti Oil Company predict that conventional crude oil production will peak in 2014. “Peak oil” refers to the point at which oil production reaches a maximum output and then declines. Ibrahim Nashawi and [...]
Category : Oil Politics and Supply &Plug-In Policies
Obama Calls for End of Oil Subsidies in 2011
February 2nd, 2010 // 8:53 am @ Miss Electric
In Obama’s 2011 FY budget proposal sent to Congress yesterday, the administration calls for eliminating more than $2.7 billion in tax subsidies for oil, coal and gas industries. As a result, more than $38.8 billion dollars in tax revenue could be generated for the federal government over the course of the next ten years. The [...]
Category : Oil Politics and Supply