ALTERNATIVE FUELS

Paul Roberts On The Promise Of Plug-in Hybrids

The May/June 2008 issue of Mother Jones is all about “The Future Of Energy,” and one must-read article is “The Seven Myths Of Energy Independence,” by Paul Roberts, author of “The End Of Oil.” Roberts argues that energy security is a far more achievable and strategic goal for the United States than energy independence, and the goal should be “massive increases in energy efficiency,” particularly in the transportation sector. With that in mind, he details some of the reasons why plug-in hybrid electric vehicles (PHEVs) hold such great promise. ….saving energy is almost always cheaper than making it: There is far more oil to be “found” in Detroit by designing more fuel-efficient cars than could ever be pumped out of Read More ›

Domestic Demand Strains Global Oil Market

It seems the global oil market isn’t immune to at least one law of nature: The apex predator has the most voracious appetite. The New York Times reports that the very oil-exporting countries that are experiencing remarkable domestic economic growth because of the global demand for oil may soon become victims of their own success. Experts say … several of the world’s most important suppliers may need to start importing oil within a decade to power all the new cars, houses and businesses they are buying and creating with their oil wealth. … The report [by Canada-based CIBC World Markets] said “soaring internal rates of oil consumption” in Russia, in Mexico and in member states of the Organization of the Read More ›