Saturday, Nov 23rd
Last update08:46:49 AM GMT
Energy Glance
With Ford's chief executive in Washington contending his company is nearly as bad off as General Motors and Chrysler, Ford's messaging might seem, well, a bit crazy. But if the Fusion is as good as Ford promises, it could very well be a step in the right direction. After all, the hybrid gets 39 mpg in the city, and, according to Fields, 700 miles on a tank of gas in city driving.
TVNL Comment: Didn't see a price......
A joint venture between Royal Dutch Shell and Iraq's state-owned South Gas Co. could give Shell a 25-year monopoly on production and exports of natural gas in much of southern Iraq - the biggest foreign role in Iraq's oil and gas sector in four decades.
The planned venture, spelled out in a 16-page document obtained by United Press International, goes well beyond descriptions provided by Iraqi and Shell officials on Sept. 22, when they held a public signing ceremony in Baghdad.
TVNL Comment: Saddam used the oil money to privide education and health care to the Iraqi people. You are wittnessing the theft of the people by the oil/war cartel.
A tree fungus could provide green fuel that can be pumped directly into vehicle tanks, US scientists say. The organism, found in the Patagonian rainforest, naturally produces a mixture of chemicals that is remarkably similar to diesel.
"This is the only organism that has ever been shown to produce such an important combination of fuel substances," said Gary Strobel, a plant scientist from Montana State University, who led the work. "We were totally surprised to learn that it was making a plethora of hydrocarbons."
Imagine running a parking meter backwards and actually being paid to park your car. Along those lines, electric vehicles might one day make money for their owners by providing electrical storage for the nation's power grid.
The concept, called vehicle to grid (V2G), is based on the fact that your car is typically not being used 90 percent of the time. "What if it could work for you while it sits there?" said Jeff Stein from the University of Michigan.
Chrysler LLC, the automaker considering a combination with General Motors Corp. to survive, has been forced to kill its only gasoline-electric model because of poor sales of its largest sport-utility vehicle.
The hybrid versions of the Dodge Durango and Chrysler Aspen SUVs, which went on sale this month, are produced at the Newark, Delaware, factory that Chrysler said last week will shut by Dec. 31. The plant also makes gasoline-only versions of those models.
Venezuela's economy minister expects OPEC to agree to cut oil supply at an emergency meeting next week to stem crashing world prices by bringing supply and demand into better balance.
OPEC's president has said a cut is likely and Qatar's oil minister has said it could be about 1 million barrels a day from an organization that supplies the world with about a third of its oil supply.
Researchers have created a new material that overcomes two of the major obstacles to solar power: it absorbs all the energy contained in sunlight, and generates electrons in a way that makes them easier to capture.
At this point, the material is years from commercial development, but he added that this experiment provides a proof of concept -- that hybrid solar cell materials such as this one can offer unusual properties.
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