UK: Oil price leads to turbulence for airlines
Oil analysts are reporting that some airlines are shopping around for hedging insurance as far forward as 2007 — a recognition that the high price is here to stay.
Transportation
US: Biodiesel Boom Well-Timed
News item discussing expansion of biodiesel outlets & home-producers in USA, cost & running benefits.
Running On Empty
Higher prices show that our insatiable demand for gasoline is catching up with our willingness to produce it.
Survey: Gasoline Nearly $1.80 Per Gallon
U.S. average retail gasoline prices rose over the last two weeks and they could go even higher, according to an industry analyst.
Cheap oil is history
For the tens of millions of American motorists patiently waiting for gas prices to come back to Earth, the news from the oil markets is not encouraging.
For the last year, government forecasters have reassured us that the unusually high oil prices we’ve seen since 2002 — around $30 a barrel — were temporary: As soon as global markets recovered from the mess in Iraq, oil prices would drop and gasoline prices would eventually follow.
Guzzling Gas
IN POORER COUNTRIES, a rise in the price of bread can set off a revolution. In this country, the price of gasoline sometimes seems to have the same kind of power.
Toward A Global Energy Transition (excerpt)
This paper details a plan with a set of three interactive and mutually reinforcing strategies designed to reduce the world’s use of carbon fuels by at least 70%, and at the same time, create millions of jobs around the world, especially in developing countries.