Higher prices, lower profits
As fuel costs skyrocket, many businesses are struggling
As fuel costs skyrocket, many businesses are struggling
During the debate about the 5c-a-litre rise in petrol excise, politicians and commentators have suggested deferring the increase until oil prices stabilise at lower levels. No one, however, has been able to offer a valid reason why prices should come down.
Oil importing countries should implement emergency oil saving policies if supplies fall by as little as 1m-2m barrels a day, the International Energy Agency will warn next month.
A group of former national security officials on Monday took up the cause of weaning U.S. drivers from their oil addiction — normally the realm of environmental groups — and asked the Bush administration to spend $1 billion on lighter, more fuel-efficient automobiles.
Just when you thought it was impossible, Cheney energy schemes get even worse
The International Energy Agency is to propose drastic cutbacks in car use to halt continuing oil-supply problems. Those cutbacks include anything from car-pooling to outright police-enforced driving bans for citizens.
Links to background report and presentations from March 7 & 8 IEA workshop on oil demand management, in case of ‘supply interruption’. Note title of 1st session: ‘Saving Oil in a Hurry: Rapid measures for demand restraint’.
America has a problem bigger than social security, or the price of prescription drugs, or gay marriage. America is heading into a situation in which it will no longer have an economy. The Republicans at least have an excuse for their willful blindness — they’ve already taken the position that the life of extreme car-dependency and everything it implies is not negotiable.
The energy-literate scoff at perpetual motion, free energy, and cold fusion, but what about the hydrogen economy? Before we invest trillions of dollars, let’s take a hydrogen car out for a spin.
THE coming of steam sent the world’s great sailing fleets into decline. The internal combustion engine finally finished them off. So it would be a strange twist of fate if the age of sail was resurrected by what amounts to a child’s toy: a kite.
Today’s oil rise to back over US$51 per barrel is a critical factor as Australia is depleting its reserves faster than many other countries.
An electric car in the driveway, solar panels on the roof, a clothes line in the back yard and a bicycle for every family member. Could this be the definition of cool in the 21st century?