This is off-topic, but hits upon a topic very important to me: Safety. In my previous post, I mentioned that I thought those long-distance family vacations were going to become rarer as gas prices cut […]
My Last Long-Distance Car Trip
At least I hope it is my last one. I have made a few long-distance trips by car in my life. The first few were a lot of fun. I was seeing the country for […]
Mumbai’s Deadly Trains
Given my recent trip to Mumbai – in which I took a trip on a very packed train – this story caught my attention: Mumbai’s deadly trains claim a dozen daily MUMBAI (AFP) – The […]
Mumbai’s Deadly Trains
Given my recent trip to Mumbai – in which I took a trip on a very packed train – this story caught my attention: Mumbai’s deadly trains claim a dozen daily MUMBAI (AFP) – The […]
The Fault of the Government
I have long maintained that the root of our energy problems in the U.S. stems from our failure to enact a consistent, long-term energy policy. Big energy projects generally take years to complete, and when […]
Oil Cracked $140 Today
Peak demand or not, oil prices show no signs of subsiding: Oil Surges Above $140 to Record as Libya Warns of Output Cut June 26 (Bloomberg) — Crude oil jumped above $140 a barrel to […]
PEIX Drops Below $2
Wow! I just checked a few stocks that I tend to watch, and Pacific Ethanol (PEIX) has now fallen to $1.85 a share. It is now down more than 95% off its high, and down […]
Updated Corn Ethanol Economics
Executive Summary: The current cost to produce a gallon of ethanol is approximately $3/gal. The current price of ethanol is $2.86/gal, which explains why ethanol producers are shutting down. If corn and natural gas prices […]
Ethanol Roundup
Couple of ethanol-related stories of note in the past few days: Corn prices hurt ethanol industry Iowa’s ethanol industry is being squeezed by high corn prices that are partly due to the estimated 3.3 million […]
The Oil Industry for Dummies
Because apparently, this is a business that any dummy could run. Take Ed Markey’s new bill, for instance: America’s untapped oil “Big Oil is more interested in pumping up prices and pumping up their own […]