9-22-08 by dugan Why is Exxon’s stock down 16% since the beginning of this year? Because it’s sitting on a cash hoard of $39 billion, spending more on buying back its own stock than producing…
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Archive | Tag: renewable-fuels
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Energy bill? What energy bill?
9-17-08 by dugan The 290-page energy bill that the House passed last night would be important if it had a chance of becoming law. It doesn’t. Too bad, because aside from a halfhearted acquiescence to…
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My take on T. Boone’s Prop 10
by dugan 9-10-08 I was asked to share my analysis of T. Boone Pickens’ Prop 10 on the November California ballot with the California Legislature today. The legislature’s own analysis of Prop 10 was skeptical…
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Cap and trade, explained
8-27-08 by dugan There’s no question that tough, enforceable reductions of carbon emissions are the only way to reduce the threat of global warming. Or that the world is heading into a market-based "cap and…
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Show us your algae!
8-22-08 by dugan I was reading up today on research about turning pond scum into biodiesel. One promising thread is that algae can be fed the carbon dioxide emitted by power plants, multiplying…
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Everybody agrees….
8-19-08 by dugan Las Vegas, NV — There was plenty of room for disagreement at the National Clean Energy Summit. Former Treasury Secretary Robert Rubin made a pitch for the "clean coal" fantasy (possibly because…
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Arnold’s big idea: Use less gas
8-19-08 by M.Reback Arnold’s big idea: Use less gas It seems the extent of Governor Schwarzenegger’s solution for Californians to help combat sky-high gas prices is… promoting more efficient use of gasoline. Gee thanks for…
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Google (energy) news
8-19-08 by dugan Las Vegas, NV –Amid a lot of familiar green rehetoric, Google made some real news today at the National Clean Energy Summit–which I should note is sponsored by Sen. Harry Reid of…
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Pickens: Charm isn’t enough
8-19-08 by dugan Las Vegas, NV — It’s no surprise that T. Boone Pickens gives essentially the same stump speech at every stop to pitch his "Pickens Plan", which is really a political effort. Pickens…
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Variety thumbs up to GasHole film
If you want to know the true story about why gasoline prices are $4.25 per gallon, check out the gripping new documentary GasHole when it comes to your movie theatre, hopefully this Fall. Two creative…
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Corn, memory, energy policy
8-8-08 by dugan So what’s the price of corn these days? A little above $5.00 a bushel. It’s down about 28%, even more than the 21% drop in the price of crude oil (from over…
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Fever breaking?
8-6-08 by dugan The drop in the price of oil, now at under $119, feels like a fever breaking. Iran’s saber-rattling, Nigerian gangs, Chinese demand, the weak dollar — all still exist, but as the…
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Corn price drop matches oil’s
8-5-08 by dugan Remember all the assertions earlier this year that demand for ethanol was skyrocketing the price of corn and other farm commodities? Oh, and possibly starving the world. OilWatchdog kept arguing that energy…