Tag: OIL

^{Matt Rosenberg
August 18, 2008
Alternative Fuels}

Seattle Region In Violation Of Clean Air Act

_{Matt Rosenberg
August 18, 2008
Alternative Fuels}

This just in, from the Seattle Post-Intelligencer. Seattle is in violation of the Clean Air Act for the first time since the 1990s. Going over the legal limit for smog over the weekend means officials here will have to start hammering out a plan to improve air quality. That could feature a number of measures to put the brakes on pollution, including requiring reformulated, more expensive gasoline for the region. The final violation of the smog standard needed to push the Emerald City and the Puget Sound region into official violation of the act occurred Saturday afternoon, when a monitor at Enumclaw in south King County went over the official limit. It’s thanks to ozone emissions, which at ground level Read More ›

^{Mike Wussow
December 10, 2007
Alternative Energy, Alternative Fuels, Business & Economy, Global Trade, PHEVs}

Domestic Demand Strains Global Oil Market

_{Mike Wussow
December 10, 2007
Alternative Energy, Alternative Fuels, Business & Economy, Global Trade, PHEVs}

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 Petroleum Read More ›