Energy News Stories Excerpts of Key Energy News Stories in Major Media
Below are many highly revealing excerpts of important energy news stories reported in the major media. Links are provided to the full stories on major media websites. If any link should fail to function, click here. These energy news stories are listed by date posted here. For the same list by order of importance click here. For the list by date of news story, click here. By choosing to educate ourselves on these important issues and to spread the word, we can and will build a brighter future.
Note: For an index to revealing excerpts of news stories on several dozen engaging topics, click here.
Bribes offered to scientists 2007-02-03, Sydney Morning Herald (Australia's leading newspaper) Posted: 2007-02-07 20:53:49 http://www.smh.com.au/news/environment/bribes-offered-to-scientists/2007/02/0... Scientists and economists have been offered $10,000 each by a lobby group funded by one of the world's largest oil companies to undermine the UN climate change report. Letters sent by the American Enterprise Institute, an ExxonMobil-funded think tank with close links to the Bush Administration, offered the payments for articles that emphasise the shortcomings of the report. Travel expenses and additional payments were also offered. The institute has received more than $1.6 million from ExxonMobil - which yesterday announced a $50 billion annual profit, the biggest ever by a US company - and more than 20 of its staff have worked as consultants to the Bush Administration. A former head of ExxonMobil, Lee Raymond, is the vice-chairman of the institute's board of trustees.
Note: Why wasn't this important story covered by any major media in the U.S.? For an answer, click here.
Exxon's 'outlandish' earnings spark furor 2007-02-02, Globe and Mail (One of Canada's Leading Newspapers) Posted: 2007-02-07 20:51:26 http://www.theglobeandmail.com/servlet/story/LAC.20070202.EXXON02/TPStory The world's largest publicly owned oil company announced yesterday the largest corporate profit ever, but news of its near $40-billion (U.S.) windfall in 2006 sparked an angry backlash, coming on the eve of a major report blaming the use of fossil fuels for wreaking devastation on the planet. Exxon shares have risen by about 20 per cent in the past year. Exxon wasn't alone in unprecedented oil earnings. Royal Dutch Shell PLC, an Anglo-Dutch company, and U.S.-run Marathon Oil and Valero Energy, also posted best-ever annual results yesterday. And ConocoPhillips Co., also American, last week posted its highest profits. Profits at the five companies together totalled $91.1-billion -- in a year when drivers paid record prices for gasoline. Both Democratic and Republican members of Congress have also urged Exxon to end its funding of organizations that deny the existence of -- or minimize the seriousness of -- human-made global warming. Scientists yesterday accused the conservative American Enterprise Institute, which receives funding from Exxon, of offering scientists up to $10,000 for articles that undercut a report to be released today from the Intergovernmental Panel on Climate Change. Last month, the Union of Concerned Scientists ... said that Exxon has spent $16-million over the past 10 years financing organizations that deny the seriousness of climate change. Alden Meyer, a strategist with the group, compared Exxon's efforts to discredit the science of global warming to the tobacco companies' efforts to sow doubts about the link between smoking and lung cancer in order to protect their profits.
Note: Compare this Canadian article with the New York Times reporting of this record profit, or that of any other major U.S. newspaper. The U.S. press barely mentions that oil company gouging which took dollars from your pocket is what led to record profits. To understand why the U.S. press behaves in this way, click here.
A Faith-Based Fuel Initiative 2007-01-30, New York Times Posted: 2007-01-31 22:34:46 http://www.nytimes.com/2007/01/30/opinion/30tue1.html?ex=1327813200&en=8ce942... In 1975, after the oil embargo, Congress approved the most successful energy-saving measure this country has ever seen: the Corporate Average Fuel Economy system, known as CAFE, which set minimum mileage standards for cars. Within 10 years, automobile efficiency had virtually doubled, to 27.5 miles per gallon in 1985 from just over 14 miles per gallon in 1976. The mileage standards are still 27.5 m.p.g. Except for minor tweaks, Congress has refused to raise fuel efficiency requirements or close a gaping loophole that lets S.U.V.’s and pickups be measured by a more lenient standard.
Note: Thank you New York Times for pointing out what so few have bothered to mention. In the U.S., it is not the automotive industry that determines fuel mileage standards, but rather Congress. Whenever Congress has rasied the mileage standard, industry complies and average mileage increases. When the standards are not raised, average car mileage for new cars stays the same. Yet Congress has refused to significantly raise the standards since 1985, despite the increasing talk of an energy crisis. Why? If you really want to know, click here and here.
Pioneering U.S. renewable energy lab is neglected 2007-01-22, International Herald Tribune (Owned by New York Times) Posted: 2007-01-24 22:31:05 http://www.iht.com/articles/2007/01/22/business/lab.php Thirty years after it was founded by President Jimmy Carter, the National Renewable Energy Laboratory at the edge of the Rockies here still does not have a cafeteria. The hopes for this neglected lab brightened a bit just over a year ago when President George W. Bush made the first presidential call on the lab since Carter. But one year after the presidential visit, the money flowing into the primary national laboratory for developing renewable fuels is actually less than it was when the Bush Administration took office. "Our budget is nothing compared to the price of a B-2 bomber or an aircraft carrier," said Rob Farrington, manager of advanced vehicle systems at the lab. The problem is that, despite a lot of promises, no one so far has wanted to pay the extra costs to make wind and solar more than a trivial energy source. Most of the money and attention is still focused on the dirty, but cheaper energy standbys: offshore oil, oil sands and coal. Companies can still deduct purchases of sport utility vehicles and utility bills. Meanwhile, fuel efficiency standards for automobiles have changed only slightly over the decades. Renewable energy today supplies only 6 percent of America's energy needs. Under current policies [renewables] would supply 7 percent of U.S. energy supplies by 2030 while coal would increase over the same period from 23 percent to 26 percent. While top energy companies are ... beginning to invest significant amounts of money in wind, solar and biomass, those investments pale in comparison with the resources they are pouring into making synthetic fuels out of oil sands, which emit significantly more carbon than conventional oil.
Note: With all the talk about oil dependence and energy crisis, why wouldn't the government and industry want to put serious money into development of new energy sources? For a startlingly clear answer, click here.
Warming Up to Cold Fusion 2004-11-21, Washington Post Posted: 2007-01-05 20:26:16 http://www.washingtonpost.com/wp-dyn/articles/A54964-2004Nov16.html Peter Hagelstein is trying to revive hope for a future of clean, inexhaustible, inexpensive energy. Fifteen years after the scientific embarrassment of the century ... a panel of scientists gathered. The panel's charge was simple: to determine whether [cold fusion] had even a prayer of a chance at working. The Department of Energy went to great lengths to cloak the meeting from public view. No announcement, no reporters. None of the names of the people attending that day was disclosed. Since 1989, hundreds of scientists working in dozens of labs around the world have claimed ... results. Supporters point to the written literature -- more than 3,000 papers -- as proof of the effect. But the most credible cold fusion advocates concede that the vast majority of those papers are of poor quality. "Brilliant," "genius" and "reclusive" were words used to describe [SRI scientist Peter] Hagelstein 20 years ago, when he rose to prominence as one of the young scientists behind President Ronald Reagan's plans to build a missile shield in outer space. Hagelstein [now] describes the mainstream scientific community as "mafias" that promote and publish their friends' work, unwilling to accept new ideas. As Hagelstein explains it, leading physicists came out swiftly and prematurely against cold fusion. Hagelstein says his acceptance of cold fusion was by no means immediate. It took several years before he was convinced. [Now] Hagelstein says, he has seen enough cold fusion data to convince him that the science is clearly real. The field's acceptance, he maintains, will be simply a matter of the scientific community's looking at the improved experimental results in the future and coming to understand them.
Note: If the above link fails, click here. Why all the secrecy around this important topic? To learn why the power elite don't want cheap energy, click here.
Schwarzenegger electricity plan fuels fears of another debacle 2003-10-11, San Francisco Chronicle (San Francisco's leading newspaper) Posted: 2007-01-05 20:07:42 http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2003/10/11/MN20927.DTL http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2003/10/11/MN20927.DTL
Gov.-elect Arnold Schwarzenegger is preparing a push to deregulate the state's electricity markets -- a move embraced by business leaders and some energy analysts but criticized by many Democrats and consumer advocates as a return to the failed policies that sparked California's energy crisis. "Deregulation has already cost the state $50 billion, give or take," said Mike Florio, senior attorney for The Utility Reform Network. "Why on earth anyone would want to do that again is mystifying to us." Florio also said he was suspicious of Schwarzenegger's idea because former Enron Corp. Chairman and CEO Ken Lay met with the actor and others in the spring of 2001, when Lay was pushing deregulation in California. Schwarzenegger has said he doesn't remember details of the meeting.
Note: What was Schwarzenegger doing meeting with the CEO of Enron well over two years before the recall vote which gave him the governorship of California? Could it be big business had plans for him?
Peat grows as new fuel source 2006-12-26, Detroit News Posted: 2007-01-05 18:39:02 http://www.detnews.com/apps/pbcs.dll/article?AID=/20061226/BIZ04/612260366/10... Turning corn into fuel is all the rage these days as America attempts to reduce its oil dependency. But a team of Metro Detroit researchers has identified a potentially cheaper and more Earth-friendly fuel source: peat, that half-rotted vegetation that covers a considerable chunk of Michigan. The scientists, from University of Detroit Mercy and Wayne State University, are working to develop what they call "pethanol" to run small, fuel-cell-powered vehicles such as golf carts and riding mowers. Because peat forms naturally and requires no fertilization, it's a benefit over corn, the researchers say. "Corn's biggest problem is that you only get one crop a year," said John Shewchun, an adjunct chemistry and engineering professor at Wayne State. "Peat is dirt cheap (to harvest), and with it you've got something that is easily replenished." In lab tests, the pethanol has also powered a fuel cell without the use of hydrogen, which eliminates the need for hydrogen storage tanks in fuel-cell vehicles. Benvenuto, principal investigator on the project, said if peat works as a fuel, the researchers will look at duplicating its success with other hearty native Michigan plants. He said the answer is likely not one plant, but a variety of sources. "None of the three of us think this will solve America's energy dependence," Benvenuto said. "But it will help."
Stockton Engineer Creates Energy Saving Device 2006-12-13, CBS News, Stockton Affiliate Posted: 2006-12-17 23:27:18 http://cbs13.com/local/local_story_347191740.html Chuck Larue may be the man who drastically cuts your electricity bill. For fourteen years, Chuck and his partner have quietly been inventing a little micro controller called the "Plug Power Saver." He claims it works on all electric motors from your air conditioner to refrigerators, washing machines to whole house fans. He rigged a one-third horsepower motor to show us the savings. Without the controller, “It's drawing 171 to 180 watts." Plug in the Power Saver and, “It's trying to find the most optimum levels of power consumption. It actually has a microprocessor in here." After a few seconds, the motor is running strong but using half the electricity. And if you know anything about electricity, you know this motor running normally should be warm to the touch, it isn’t. That seems to show no extra electricity is being lost as heat. John Lander: This looks already to sell. Chuck Larue: Yeah it is, it's ready to go. John Lander: How much? Chuck Larue: $49.95. So you'd pay for the Power Saver in under a year. Chuck says he has 10,000 of these devices headed here from a manufacturing plant in Korea. Now all he has to do is find a retailer willing to sell it. Chuck says he has tried to interest the Governor and the utilities commission to sponsor his invention, but no one has called him back.
Iceland's hydrogen buses zip toward oil-free economy 2005-01-14, Detroit News (Detroit's leading newspaper) Posted: 2006-12-17 23:22:05 http://www.detnews.com/2005/autosinsider/0501/14/autos-60181.htm Hydrogen, tested in buses from Amsterdam to Vancouver ... is a clean power that promises to break dependence on oil and gas -- at least in Iceland. With almost unlimited geothermal energy sizzling beneath its surface, Iceland has an official goal of making the country oil-free by shifting cars, buses, trucks and ships over to hydrogen by about 2050. About 70 percent of Iceland's energy needs ... are already met by geothermal or hydro-electric power. Only the transport sector is still hooked on polluting oil and gas. The world's first hydrogen filling station, run by Shell, opened in Reykjavik in April 2003. Hydrogen bus projects have also been launched in cities including Barcelona, Chicago, Hamburg, London, Madrid, Stockholm, Beijing and Perth, Australia. The efficiency of the hydrogen fuel cells will decide if the ventures take off into the wider car market. "The idea is that the buses should be twice as efficient as an internal combustion engine," said Jon Bjorn Skulason, general manager of Icelandic New Energy Ltd. Greater engine efficiency would compensate for the inefficiency of producing hydrogen. Iceland's buses, made by DaimlerChrysler, cost about 1.25 million euros ($1.67 million) each, or three to four times more than a diesel-powered bus, Skulason said. It takes about 6-10 minutes to refill a hydrogen bus, giving a range of 240 miles. [A] Reykjavik bus driver said diesel and hydrogen buses were similar to drive. "But the hydrogen bus is less noisy."
Car achieves almost 10,000 miles per gallon 1999-07-16, BBC News Posted: 2006-12-12 18:28:49 http://news.bbc.co.uk/1/hi/sci/tech/395366.stm A car driven by a 10-year-old and built at a French school has set a new world record for fuel efficiency. The Microjoule team managed the equivalent of 9,845 miles per gallon while driving for 10 miles around Silverstone race track in the UK. More than 100 teams competed in the Shell Eco-Marathon. Their one goal was to see how far they can get these amazing machines to travel on a minuscule amount of fuel. While we might be delirious if we managed 40 miles (64 kilometres) to the gallon (4.5 litres) pottering about town in our super minis, these people are not happy until they have seen the mileometer click through the thousands. The teams have a choice of petrol or diesel, with solar assistance permitted for the first time this year. A car is allowed three 40-minute runs. It must average at least 15 mph (24 kph) after which the stewards at the meeting calculate the machine's fuel efficiency. "The top fuel teams do about 10 miles, which is six laps on the club circuit at Silverstone," says the event's fuel manager Geoff Houlbrook. "They do that on less than 10 millilitres which is just two teaspoons of fuel." The entries come from all over Europe. Some teams use advanced materials like titanium and carbon fibre. Some of the machines built by schoolchildren are made from parts of old sewing and washing machines. "It's fun but it's also science," says BBC Top Gear presenter and racing driver Tiff Needell. "It's like an experiment with people learning how to save energy."
Note: Some of these amazing vehicles built in 1999 were "built by schoolchildren," yet the auto industry still can't come up with a car that get's 100 mpg? Granted these cars are slow and small, but if they can get almost 10,000 mpg, don't you think similar technology could be used to get at least several hundred mpg in regular cars? For why car mileage hasn't increased much since the 1908 Model T got 25 mpg, click here and here.
Vehicle mileage estimates get real 2006-12-12, Los Angeles Times Posted: 2006-12-12 18:26:15 http://www.latimes.com/business/la-fi-fuel12dec12,0,1026595.story That 55-mile-per-gallon hybrid car you've been eyeing may end up being a 44-mpg hybrid. The federal Environmental Protection Agency announced a new system Monday for evaluating fuel economy that will lower mileage estimates for most vehicles. On average, vehicles rated under the 2008 method will post a 12% drop in city gasoline mileage and an 8% decline in highway mileage. With the new testing requirements, the EPA is attempting to come up with estimates that more closely reflect the real-world mileage motorists can expect when they purchase a vehicle. Under the current system ... actual mileage is often far lower than the posted EPA ratings. Hybrids will be hit harder because the new test eliminates some of the all-electric driving that helped them produce impressive results. A recent study ... found that the average mileage for passenger cars and light trucks was about 14% less than EPA estimates. The mileage for gas-electric hybrids probably will be 20% to 30% lower than present estimates for city driving and 10% to 20% lower on the highway. These vehicles quickly lose their all-electric advantage when operated in cold weather or quickly accelerated. The new EPA mileage estimates won't harm automakers' ability to meet federal rules requiring an industrywide average fuel economy of 27.5 miles per gallon for cars and 21 mpg for sport utility vehicles, pickup trucks and vans.
Note: The government could easily mandate higher gas mileage, but has not significantly raised the bar in almost 20 years. Why? The current average mileage for all cars is less than the mileage of the 1908 Model T. With all of the incredibly technological advances in other fields, how is this possible? For more on this vital topic, click here and here. Toyota came out with a hybrid that got 100 mpg in 2002. For what happened to it, click here. And to learn how a Toyota Prius can be converted to get 100 miles per gallon, click here.
Coming in out of the cold: Cold fusion, for real 2005-06-06, Christian Science Monitor Posted: 2006-12-07 15:13:39 http://www.christiansciencemonitor.com/2005/0606/p25s01-stss.html A very reputable, very careful group of scientists at the University of Los Angeles ... has initiated a fusion reaction using a laboratory device that's not much bigger than a breadbox, and works at roughly room temperature. This time, it looks like the real thing. The whole trick with fusion is you've got to get protons close enough together for the strong force to overcome their electrical repulsion and merge them together into a nucleus. Instead of using high temperatures and incredible densities to ram protons together, the scientists at UCLA cleverly used the structure of an unusual crystal. Crystals are fascinating things; the atoms inside are all lined up in a tightly ordered lattice, which creates the beautiful structure we associate with crystals. Stressing the bonds between the atoms of some crystals causes electrons to build up on one side, creating a charge difference over the body of the crystal. Instead of using intense heat or pressure to get nuclei close enough together to fuse, this new experiment used a very powerful electric field to slam atoms together. This experiment has been repeated successfully and other scientists have reviewed the results. For the time being, don't expect fusion to become a readily available energy option. The current cold fusion apparatus still takes much more energy to start up than you get back out. But it really may not be long until we have the first nuclear fusion-powered devices in common use.
Note: If the above link fails, click here. Why wasn't this widely reported? For a possible answer, click here.
France wins battle to host experimental fusion reactor 2005-06-29, Boston Globe/Los Angeles Times Posted: 2006-12-07 14:59:10 http://www.boston.com/news/world/asia/articles/2005/06/29/france_wins_battle_... In a bid to harness what backers say could be a nearly limitless source of clean electric power, an international consortium chose France yesterday as the site for an experimental fusion reactor that will aim to replicate how the sun creates energy. The planned $13 billion project is one of the most prestigious and expensive international scientific efforts ever launched. French President Jacques Chirac said in a statement. "[This] unprecedented scientific and technological challenge ... opens great hopes for providing humanity with an energy that has no impact on the environment and is practically inexhaustible." The reactor's main fuel, deuterium, also known as heavy hydrogen, can be obtained from water. The project's website states that Lake Geneva alone contains enough deuterium to meet global energy needs for several thousand years. Existing nuclear reactors use fission, or the splitting of large atoms, to produce power, a process that leaves waste that remains highly radioactive for hundreds of thousands of years. Fusion reactors, by contrast, would produce minimal waste that would be radioactive for a much shorter period. If the project is successful, long-term plans call for a demonstration fusion power plant to be built in the 2030s and the first commercial fusion plant to be built in midcentury.
Toyota smashes fuel economy record 2002-10-20, London Times Posted: 2006-12-05 21:20:20 http://www.timesonline.co.uk/article/0,,588-451038,00.html Tucked away on the Toyota stand you will find a cheeky little coupé that looks sporty but whose raison d’être is fuel economy, the lowest exhaust emissions and ease of recycling. The ES3 — the initials stand for Eco Spirit — achieves 104mpg in the official European fuel consumption tests, a record for a four-seat car. Some months ago I drove this prototype and not only is it even more economical than the special “3 litre” (three litres of fuel for every 100km travelled, or 94mpg) versions of the Audi A2 and VW Lupo that sell in Germany, but the Toyota is more lively and responsive and would be very acceptable as an everyday car. The ES3 has a 1.4 litre turbocharged diesel engine and CVT (continuously variable transmission). The engine cuts out when the car stops, automatically and instantly restarting when you touch the accelerator to move off again. Energy that would be lost from braking is used to charge the car’s battery, and the body panels are made from biodegradable plastics. You will see more of these things in future Toyotas.
Note: If this article is no longer available at the link above, click here. So what happened to this amazing car? Why haven't we heard anything about it since the article was published in 2002? For an excellent essay which provides key information on this topic, including a detailed list of inventions which greatly improve gasoline mileage reported over the years in respected magazines, click here.
Cloudborn Electric Wavelets To Encircle the Globe 1904-03-27, New York Times Posted: 2006-12-05 21:03:13 http://select.nytimes.com/gst/abstract.html?res=F50716FB355F13718DDDAE0A94DB4... To gather in the latent electricity in the clouds and with the globe itself as a medium of transmission to convey telegraphic messages, power for commercial purposes, or even the sound of the human voice to the utmost confines of the earth is the latest dream of Nikola Tesla. The transmitting station is an octagonal tower, pyramidal in shape, and some 187 feet in height. J. Pierpont Morgan [was] interested in his odd enterprise and furnished him with financial assistance. Tesla's transmitting tower as it stands in lonely grandeur and boldly silhouetted against the sky ... is a source or great satisfaction and of some mystification. No instruments have been installed as yet in the transmitter, nor has Mr. Tesla given any description of what they will be like. But in his article he announces that he will transmit from the tower an electric wave of a total maximum activity of ten million horse power. This, he says, will be possible with a plant of but 100 horse power, by the use of a magnifying transmitter of his own invention. What he expects to accomplish is summed up in the closing paragraph as follows: "When the great truth, accidentally revealed and experimentally confirmed, is fully recognized, that this planet ... is to electric currents virtually no more than a small metal ball and that by virtue of this fact many possibilities ... are rendered absolutely sure of accomplishment; when the first plant is inaugurated and it is shown that a telegraphic message ... can be transmitted to any terrestrial distance, ... the energy of a waterfall made available for supplying light, heat or motive power, anywhere ... humanity will be like an ant heap stirred up with a stick."
Note: If the above link fails, click here Claimed by some to be greater than Thomas Edison, Nikola Tesla was a brilliant inventor whose name and inventions were long suppressed after J.P. Morgan and others realized Tesla's inventions could give the public free energy, thereby taking away a major source of income for the elite. For a PBS tribute to Tesla, click here. For lots more on this energy genius, click here. For more on the energy cover-up, click here.
Tsunami bomb - NZ's devastating war secret 1999-09-25, New Zealand Herald (New Zealand's leading newspaper) Posted: 2006-12-05 20:10:28 http://www.nzherald.co.nz/section/story.cfm?c_id=1&objectid=14727 Top-secret wartime experiments were conducted off the coast of Auckland to perfect a tidal wave bomb, declassified files reveal. United States defence chiefs said that if the project had been completed before the end of the war it could have played a role as effective as that of the atom bomb. Details of the tsunami bomb, known as Project Seal, are contained in 53-year-old documents released by the Ministry of Foreign Affairs and Trade. Papers stamped "top secret" show the US and British military were eager for Seal to be developed in the post-war years too. The experiments involved laying a pattern of explosives underwater to create a tsunami. It is unclear what happened to Project Seal once the final report was forwarded to Wellington Defence Headquarters late in the 1940s. The bomb was never tested on a full scale. "Whether it could ever be resurrected ... Under some circumstances I think it could be devastating."
Air Force pursuing antimatter weapons 2004-10-04, San Francisco Chronicle (San Francisco's leading newspaper) Posted: 2006-12-05 19:58:39 http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2004/10/04/MNGM393GPK1.DTL The U.S. Air Force is quietly spending millions of dollars investigating ways to use a radical power source -- antimatter, the eerie "mirror" of ordinary matter -- in future weapons. The most powerful potential energy source presently thought to be available to humanity, antimatter is a term normally heard in science-fiction films. But antimatter itself isn't fiction. During the Cold War, the Air Force funded numerous scientific studies of the basic physics of antimatter. Following an initial inquiry from The Chronicle this summer, the Air Force forbade its employees from publicly discussing the antimatter research program. Still, details on the program appear in numerous Air Force documents distributed over the Internet prior to the ban. It almost defies belief, the amount of explosive force available in a speck of antimatter. One millionth of a gram of positrons contain as much energy as 37.8 kilograms (83 pounds) of TNT. A simple calculation, then, shows that about 50-millionths of a gram could generate a blast equal to the explosion ... in Oklahoma City in 1995. Officials at Eglin Air Force Base initially agreed enthusiastically to try to arrange an interview with ... Kenneth Edwards, director of the "revolutionary munitions" team at the Munitions Directorate at Eglin. "We're all very excited about this technology," spokesman Rex Swenson [said] in late July. But Swenson backed out in August after he was overruled by higher officials in the Air Force and Pentagon. Reached by phone in late September, Edwards repeatedly declined to be interviewed. His superiors gave him "strict instructions not to give any interviews personally. "I'm sorry about that -- this (antimatter) project is sort of my grandchild."
Science a la Joe Camel 2006-11-26, Washington Post Posted: 2006-12-05 13:54:05 http://www.washingtonpost.com/wp-dyn/content/article/2006/11/24/AR20061124007... At hundreds of screenings this year of "An Inconvenient Truth," the first thing many viewers said after the lights came up was that every student in every school in the United States needed to see this movie. The producers of former vice president Al Gore's film about global warming ... certainly agreed. So the company that made the documentary decided to offer 50,000 free DVDs to the National Science Teachers Association (NSTA). It seemed like a no-brainer. In their e-mail rejection, they expressed concern that ... they didn't want to offer "political" endorsement of the film; and they saw "little, if any, benefit to NSTA or its members" in accepting the free DVDs. As for classroom benefits, the movie has been enthusiastically endorsed by leading climate scientists worldwide, and is required viewing for all students in Norway and Sweden. But there was one more curious argument in the e-mail: Accepting the DVDs, they wrote, would place "unnecessary risk upon the [NSTA] capital campaign, especially certain targeted supporters." One of those supporters, it turns out, is the Exxon Mobil Corp. That's the same Exxon Mobil that for more than a decade has done everything possible to muddle public understanding of global warming and stifle any serious effort to solve it. It has run ads in leading newspapers ... questioning the role of manmade emissions in global warming, and financed the work of a small band of scientific skeptics who have tried to challenge the consensus that heat-trapping pollution is drastically altering our atmosphere. NSTA says it has received $6 million from the company since 1996. Exxon Mobil has a representative on the group's corporate advisory board.
Oil industry denies price manipulation 2006-11-26, BusinessWeek/Associated Press Posted: 2006-12-05 13:52:25 http://www.businessweek.com/ap/financialnews/D8LKSUQO0.htm An Associated Press analysis suggests that big oil companies have been crimping supplies ... across the country for years. The analysis, based on data from the U.S. Energy Information Administration, indicates that the industry slacked off supplying oil and gasoline during the prolonged price boom between early 1999 and last summer, when prices began to fall. The findings support a conclusion already reached by many motorists. Fifty-five percent of Americans believe gas prices are high because [of] oil companies. Though set back temporarily by the [9/11] attacks, the oil business has profited handsomely since then. The biggest six refiners ... rang up $400 billion in profits since 2001. Though reserves have kept pretty steady, the oil industry taps those resources to varying degrees from year to year. The industry has shelved an average of 21 percent more unrefined oil from the start of 2004 through last June. Last spring, stocks of shelved crude reached their highest level in eight years, despite the fabulous riches at hand in high prices then. The industry also protected profits by not building any new refineries. [And] thanks to mergers, the top 10 companies now control three-quarters of national refining capacity, up from half in the early 1990s. A 2001 study by the Federal Trade Commission reported that some firms were deciding to "maximize their profits" by crimping supply. One executive told regulators "he would rather sell less gasoline and earn a higher margin on each gallon sold." However upsetting to drivers, such tactics are usually viewed as legal. "A decision to limit supply does not violate the antitrust laws," regulators wrote in one FTC report.
Halliburton operates in Iran despite sanctions 2005-03-07, MSNBC News Posted: 2006-12-05 13:48:20 http://www.msnbc.msn.com/id/7119752 in January, Halliburton won a contract to drill at a huge Iranian gas field called Pars, which an Iranian government spokesman said "served the interests" of Iran. "I am baffled that any American company would want to have employees operating in Iran," says Sen. Susan Collins, R-Maine. "I would think they'd be ashamed." Halliburton says the operation — videotaped by NBC News — is entirely legal. It's run by a subsidiary called "Halliburton Products and Services Limited," based outside the U.S. In fact, the law allows foreign subsidiaries of U.S. corporations to do business in Iran under strict conditions. Other U.S. oil services companies, like Weatherford and Baker Hughes, also are in Iran. And foreign subsidiaries of NBC's parent company, General Electric, have sold equipment to Iran. For Halliburton to have done this legally, the foreign subsidiary operating in Iran must be independent of the main operation in Texas. Yet, when an NBC producer approached managers in Iran, he was sent to company officials in Dubai. But they said only Halliburton headquarters in Houston could talk about operations in Iran.
Key Energy News Stories in Major Media
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