Saturday, Nov 23rd
Last update08:46:49 AM GMT
Energy Glance
The Bush administration wants to start a process before leaving office for developing oil shale, rocky deposits in the western United States that eventually could yield 800 billion barrels of oil, according to government estimates.
The Interior Department is scheduled to unveil proposed regulations Tuesday for a program to sell oil shale leases on federal lands, similar to the leases sold now for oil and natural gas both on and offshore.
TVNL Comment: The looting mission continues.
General Motors Corp is rushing to finish the production version of its Chevy Volt and plans to unveil a showroom-ready model of the heavily touted electric car in September, people familiar with the project say.
A GM spokesman declined to comment on the timeline for its next announcements on the Volt, which will include naming a supplier for the vehicle's lithium-ion battery pack, the single most expensive element of the vehicle and the component seen as critical to its success.
Faced with a surge in the number of proposed solar power plants, the federal government has placed a moratorium on new solar projects on public land until it studies their environmental impact, which is expected to take about two years.
TVNL Comment: But there are no trepidations when it comes to building more coal burning or nuclear power plants...or when it comes to drilling for more oil. This is clearly a conspiracy. It does not get any more obvious than this.
There's a good reason the powers that be work so hard to try to dumb and beat us down. We're damn hard to tame, and they know it.
With the new process, the cell needs only water and air, eliminating the need for a hydrogen reformer and high-pressure hydrogen tank. Moreover, the MEA requires no special catalysts, and the required amount of rare metals such as platinum is almost the same as that of existing systems, Genepax said.
AFS Trinity's prototype sport utility vehicles can go 40 miles on a single charge from a standard electric outlet, at which point a gas-powered engine takes over. The SUVs reach top speeds of 90 mph on the highway -- and accelerate without a hitch, as Furia demonstrated while speeding Monday on Westlake Avenue North.
One problem, though: No automaker has agreed yet to license AFS Trinity's technology, so it isn't commercially available.
Still, he said, there is a "lot of institutional resistance" in the U.S.
After all, to choose just one example, he said, an electric car would need little maintenance -- a big moneymaker for car manufacturers.
Never mind that utility firms would become the new oil companies.
He notes that OPEC controls only 40 percent of world oil production, and says the high prices do not reflect market conditions but rather other factors linked to the weakening dollar, market speculation and the U.S. subprime mortgage market turmoil.
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