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RESULTS		Results 1 – 25 of 77
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Headline	Author	Published	Section
Shifting Into Under-Drive Americans drive less, use less gas, buy fewer cars		14 Aug 2008	News
Posted at 10:56 AM on 14 Aug 2008 Americans are driving less, burning less gasoline, and buying fewer cars, and the feds have the stats to prove it. New numbers show that Americans drove 4.7 percent less in June 2008 than they did in June 2007, shaving off some 12.2 billion miles. For those keeping track at home, that makes a total 53.2 billion fewer miles driven between Nov. 2007 and June 2008 than in that eight-month ...
Topics: business, cars, economy, energy, gas prices, news, oil, placemaking (all these topics)

Solid to Liquid Can Be a Gas Crow Tribe strikes $7 billion deal for coal-to-liquids plant on reservation		08 Aug 2008	News
Posted at 8:41 AM on 08 Aug 2008 The Crow Tribe on Thursday agreed to host a massive new $7 billion coal-to-liquids plant on its reservation land in Montana. The plant would produce about 50,000 barrels a day of diesel fuel when it opens, and eventually up to 125,000 barrels a day. Coal for the plant would come from a yet-to-be-developed mine on nearby Crow land with an estimated 9 billion t ...
Topics: business, coal, economy, energy, news, oil, politics (all these topics)

The (renewable) electron economy, part 1 The shape of the oil crisis	Michael Hoexter	05 Aug 2008	Gristmill
This is the first in a series on how we can build an energy future based on our best science and no longer critically dependent upon exhaustible and polluting fossil fuels. Lines formed at gas stations during the 1973 OPEC oil embargo. Too often, discussions of our future energy system simply reflect the current array of political forces in Washington or the novelty-hungry attention of the media and not the long-term viability of technologies and proposed sol ...
Topics: business, energy, oil, oil and gas drilling, politics, public transportation, renewable energy (all these topics)

A profit without honor ExxonMobil rakes in record cash, spends only 1 percent on alternative energy	Kate Sheppard	31 Jul 2008	Gristmill
ExxonMobil broke its own record for the highest quarterly earnings in U.S. history, reporting $11.7 billion in profits for the second quarter. And as ABC reports, the company spent only 1 percent of its profits last year on alternative energy sources. 'They're probably spending more on the advertising than they're actually spending on the actual [alternative-energy] research,' says Bernard Picchi, an economist with Wall Street Access. (h/t: Think Progres ...
Topics: Big Oil, business, energy, Muckraker, news, oil, video (all these topics)

Shale We Dance? Bush admin proposes low royalty rates in push for U.S. oil-shale development		23 Jul 2008	News
Posted at 7:43 AM on 23 Jul 2008 The Bush administration proposed rules [PDF] for U.S. oil shale development Tuesday that include charging lower royalty rates for oil-shale production on public lands than it does for other oil and gas drilling. The lower royalties are meant to encourage oil-shale production since, as it turns out, the energy- and pollution-intensive process of cooking rocks before pumpi ...
Topics: business, energy, news, oil, public lands, United States (all these topics)

Good big-picture view of the emerging cleantech market	David Roberts	10 Jun 2008	Gristmill
I found this video, from an NDN event called 'Understanding the Cleantech Investment Opportunity,' intensely educational (warning: it's over an hour long):
Topics: business, energy, investing, oil, tech (all these topics)

Gas at $12-15? Not so fast But soon we will be mad for $6-7 gas	Joseph Romm	23 May 2008	Gristmill
Normally, I would listen to Robert Hirsch and the legendary Charlie Maxwell, over CNBC's 'Mad' Jim Cramer. But Hirsch and Maxwell are making headlines for saying $12-15 gasoline is around the corner, based on Maxwell's projection of oil 'reaching $180 a barrel in 2015 and $300 a barrel in 2020.' Sorry, guys -- every extra $40 barrel is another dollar a gallon or so at the pump. Don't quite know how they did the math, but they did it wrong.When Mad Money's Jim Cramer ...
Topics: business, cars, energy, fuel efficiency, gas prices, oil (all these topics)

Five bucks a gallon? Goldman says oil 'likely' to hit $150-$200 by 2010	Joseph Romm	08 May 2008	Gristmill
Goldman Sachs' Arjun N. Murti said this in a May 5 report: The possibility of $150-$200 per barrel seems increasingly likely over the next 6-24 months, though predicting the ultimate peak in oil prices as well as the remaining duration of the upcycle remains a major uncertainty. That would mean gasoline prices of $5 to $6 a gallon. Unless, of course, we permanently suspend the gasoline tax, in which case gasoline prices would only be $5 to $6 a gallon. Why sho ...
Topics: business, economy, energy, oil (all these topics)

Straight as a circle Big Oil's crooked talk on profits	Joseph Romm	08 May 2008	Gristmill
Has the oil industry borrowed the (laughable) tagline of presidential candidate John McCain? As Fox Business reported last Friday: The American Petroleum Institute took out a full-page ad in USA Today, and other major media were tapped this week to provide 'straight talk on earnings.' The earnings that need 'straight talk': ExxonMobil's $11 billion quarterly profit, and Chevron's $5.2 billion quarterly profit. (Note to Big Oil: When Fox doesn't give your spin fav ...
Topics: Big Oil, business, energy, John McCain, lying liars, oil (all these topics)

More anti-intellectualism from the Clinton camp	David Roberts	06 May 2008	Gristmill
Cringe along with Terry McAuliffe, who explains why economists don't know nothin':
Topics: business, economy, energy, Hillary Clinton, oil, politics (all these topics)

When $10.9 billion is just not enough ExxonMobil's profits huge; shares fall anyway	Josh Dorner	02 May 2008	Gristmill
You know we're living in strange and perverse times when ExxonMobil can post a $10.9 billion quarterly profit and still fall short of expectations. This past quarter marked the second most profitable quarter ever for the most profitable company in the history of the world -- a 17 percent increase in year-on profits. And like its competitors at BP and Royal Dutch Shell, Exxon managed to increase its profits despite no increase in production. (Funny what happens when ...
Topics: Arctic Refuge, Big Oil, business, energy, oil, oil and gas drilling (all these topics)

Fortune Brainstorm Green Shai Agassi talks electric cars in Israel	David Roberts	21 Apr 2008	Gristmill
I'm watching Shai Agassi, founder and CEO of Project Better Place, talk about the scheme he put together to fill Israel with electrical cars and recharging stations, with the ultimate goal of eliminating oil as a transportation fuel in the country. (He's going to do it in Denmark as well.) (A side note: this meeting room is filled with Herman Miller Aeron chairs. Sweet!) I'm a little behind on the details (dude talks fast), but it's a torrent of goodness. We're t ...
Topics: business, climate, electric vehicles, energy, innovation, Israel, oil (all these topics)

BP-powered no more	David Roberts	09 Apr 2008	Gristmill
Remember that new environmental blog at The New Republic that was "powered by BP"? Apparently it is no longer thus powered. As gratifying as it is, in a schadenfreudey sort of way, to see that other small media operations can be as dysfunctional as, er, some small media operations I'm familiar with. I'm glad this got settled quickly -- I really do think it will be a blog worth reading. (This post brought to you by Wal-Mart.)
Topics: Big Oil, business, energy, gossip, oil (all these topics)

Green TNR, brought to you by BP	David Roberts	07 Apr 2008	Gristmill
The New Republic has a new blog devoted to environment and energy issues. On the bright side, it includes the work of Brad Plumer, one of the most honest, thoughtful, and insightful writers in D.C. For that alone it's worth bookmarking. On the not so bright side, it's ... "powered by BP." Really. Here's a bit from Brad's post on that subject: Personally, I have a lot of qualms about being "powered" by BP, even though none of the bloggers on ...
Topics: advertising, Big Oil, business, energy, oil (all these topics)

Peak Oil? Bring it on! Solving the climate problem will solve the peak oil problem, too	Joseph Romm	30 Mar 2008	Gristmill
I have a new article in Salon on perhaps the most misunderstood subject in energy: peak oil. Here is the short version: We are at or near the peak of cheap conventional oil production. There is no realistic prospect that the conventional oil supply can keep up with current projected demand for much longer, if the industrialized countries don't take strong action to sharply reduce consumption, and if China and India don't take strong action to sharply reduce cons ...
Topics: Big Auto, business, energy, fuel efficiency, hybrids, oil, placemaking, politics (all these topics)

Survey says ... environment and economy not mutually exclusive! Americans favor conservation and see economically sound opportunities in protection	Anna Fahey	29 Mar 2008	Gristmill
Standard survey questions often uphold (or manufacture) false dichotomies. Case in point: the perpetual practice of pitting the environment against the economy. Nonetheless, these questions can reveal interesting trends over time. And every now and then, the numbers show that the public sees right through 'either/or' questions that just don't add up -- like recent research that shows Americans link economic opportunity to environmental protection. First, recent trends ...
Topics: business, coal, economy, energy, green jobs, natural gas, oil (all these topics)

Mood in the hood	Sir Oolius	27 Mar 2008	Gristmill
John Hofmeister, President of Shell Oil Company, was on Charlie Rose Tuesday night. About 22 minutes into the segment, he says the following [my own transcription]: If we don't drill more in this country, I am quite concerned about civil disturbances in our urban areas because of the price of fuel. ... I was meeting in Los Angeles with mayor Villaraigosa and I asked him a specific question because I lived there during the Rodney King civil disturbances. [I] said, ' ...
Topics: Big Oil, business, energy, oil, quotables (all these topics)

Dealing with gas prices involves healing the economy On oil and the dollar, Bush and McCain acknowledge their own cluelessness	Brad Johnson	19 Mar 2008	Gristmill
This post was originally published at the just-launched Think Progress Wonk Room, the new public policy rapid-response blog of the Center for American Progress Action Fund. Brad Johnson, the climate specialist for the Wonk Room, was a writer for Hill Heat. Skyrocketing gas prices are crippling the budgets of Americans, as Bush has newly discovered. But he doesn't have a solution. Nor does Sen. John McCain (R-AZ). Bush's every response to energy problems is to drill f ...
Topics: business, energy, oil, politics (all these topics)

Crude oil at $130 this year? And $150 next year? Rising cost of oil pushes value of the dollar down	Joseph Romm	09 Mar 2008	Gristmill
Bloomberg reports: Crude oil may reach a record $130 a barrel this year because pension funds are investing more in commodities, said Pierre Andurand, the chief investment officer of BlueGold Capital Management LLP, a hedge fund ... 'Next year, oil may rise even further to $150 a barrel.' Okay, this is a hedge fund guy who is betting the ranch on oil and probably doing his part to drive up prices. But at the end of the day, this is an issue of fundamentals -- ...
Topics: Big Oil, business, economy, energy, investing, oil (all these topics)

Internal combustion news Volkswagen's new entry to the clean diesel fleet	Erik Hoffner	04 Mar 2008	Gristmill
Enough election talk, it's time to put some honest-to-goodness car news in the Gristmill (so this one's for you, JMG!). Volkswagen is about to unveil a new Golf hybrid, said to feature an all-electric mode at low speed and regenerative braking to compete with the Prius and its ilk. The difference is that this is a diesel-electric hybrid, which VW says will get 69 mpg and exceed Europe's (and California's) tough emissions standards. The point is somewha ...
Topics: business, cars, electric vehicles, energy, hybrids, oil (all these topics)

John McCain and Exxon Valdez Mr. Straight Talk voted against requiring double-hulled tankers after the biggest oil spill	David Roberts	28 Feb 2008	Gristmill
You're likely aware that the notorious Exxon Valdez case is back in court yet again. Yesterday, the Most Profitable Company of All Time argued before the U.S. Supreme Court that it shouldn't have to pay $2.5 billion in damages to Alaskans harmed by the spill. (That was reduced from the original $5 billion, but Exxon argues it shouldn't have to pay any damages. Yes, really.) It is, of course, morally repugnant almost beyond measure for the company to be fighting ...
Topics: Alaska, business, energy, litigation, oil, water pollution (all these topics)

Did we say 'beyond petroleum'?	David Roberts	21 Feb 2008	Gristmill
Never mind.
Topics: business, energy, oil (all these topics)

Show me the (oil) money New tool tracks financial ties between politicians and oil companies	David Roberts	03 Feb 2008	Gristmill
Check out Follow the Oil Money, a tool from the Center for Responsive Politics Oil Change International. You can find out exactly how much oil money any politician is getting (by zip code). You can also see cool charts showing the oil connections among sets of politicians. Here, for instance, is a chart of the presidential candidates -- it shows that Giuliani was clearly the biggest oil man. Here is a chart of all House members. Looks like one Stevan Pearce of New M ...
Topics: business, energy, oil, politics (all these topics)

Oil industry barely hangs on, thanks to brave Republican defense of subsidies	David Roberts	01 Feb 2008	Gristmill
You may recall that a couple of months ago, Republicans in the Senate threatened a filibuster to defend about $13 billion in oil company subsidies. In other news, Exxon Mobil just posted the largest annual profit by a U.S. company in history -- $40.6 billion. It also set a record for the largest ever quarterly profit -- $11.7 billion. The second biggest U.S. oil company, Chevron, saw its profits rise 29% to $4.88 billion for the quarter. Clearly, this is an industry ...
Topics: business, energy, oil, politics (all these topics)

An ominous statement from Shell Conventional oil will peak within seven years	Joseph Romm	27 Jan 2008	Gristmill
The oil company with the best strategic planning says the day of reckoning is nigh: World demand for oil and gas will outstrip supply within seven years, according to Royal Dutch Shell. The oil multinational is predicting that conventional supplies will not keep pace with soaring population growth and the rapid pace of economic development. Jeroen van der Veer, Shell's chief executive, said in an e-mail to the company's staff this week that outpu ...
Topics: business, climate, energy, oil (all these topics)

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