376 Miles per Gallon--in 1973

Those old enough to remember the original Shell Answer Man might also remember Shell's record-breaking test car that achieved an astounding 376 miles per gallon, back in 1973.  I myself vaguely remember reading something about this as a child, back when Shell used to...

US crude oil production hits a 63-year low

" According to data released today by the US Energy Information Agency, domestic production (including Alaska and off-shore) of crude oil in 2008 dropped to 1.81 billion barrels, the lowest level since 1946, and barely half the quantity produced in the peak year of...

Obama's budget uses cap-and-trade to limit emissions, raise funds

President Obama's budget plan, submitted to Congress this week, includes provisions for a cap-and-trade program to limit greenhouse gas emissions, with the proceeds from cap-and-trade auctions being used to fund renewable energy projects and other programs.  The...

Phoenix launches its new light rail mass transit system

(Note:  see similar post by tmlandy.) The city of Phoenix, Arizona, one of the fastest growing metropolitan areas in the US over the last decade, has finally inaugurated its light rail mass transit system.  Phoenix is the fifth-largest city in the US,...

Worldwide oil consumption drops for the first time since 1983

The International Energy Agency is projecting that worldwide demand for oil will have declined in 2008, the first such decline in 25 years.  With softening demand due to the ongoing financial crises and the apparent global recession, oil prices have dropped dramatically...