Category Archives: alternative fuels

OPEC to Keep Oil Production Even. Prices Likely to Stay High as U.S. Economic Recovery Stalls and Unemployment Grows

OPEC’s decision to keep oil production levels constant is the latest setback for the stumbling U.S. economy. Since there has been no change in the way oil is produced or traded – as a fungible commodity – there is no reason speculators cannot keep oil prices moving up toward the record $147 a barrel that it hit in July of 2008. In fact, some analysts warn oil prices won’t stop there this time. Continue reading

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Renault Tries Humor in New Electric Vehicle Ad Campaign

Renault has kicked off a new series of electric vehicle advertisements in Europe where it is in the process of introducing four EVs. By taking a humorous approach that shows that a car is the only non-electric device in common use, the French automaker is hoping to makes EVs more acceptable. Continue reading

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U.S. Oil Imports Declining Since 2005 Peak. It’s Not All Good

There are several problems with the imported oil numbers since oil is mostly imported as crude, an unrefined product, but is consumed as a refined product. In between there is refinery gain – yes, gain – whereby more comes out of the process of splitting heavier oils into lighter ones. Continue reading

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