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.

Torture tests say battery power's hardly nerdy
2009-03-30, Boston Globe
Posted: 2009-06-29 18:26:21
http://www.boston.com/business/technology/articles/2009/03/30/torture_tests_s...

Bill Dubé gets giddy when he talks about batteries and speed. After all, his 500-horsepower Killacycle electric motorcycle goes from 0 to 60 miles per hour in under a second. He claims it is the fastest electric vehicle on the planet. In October, the Killacycle traveled a quarter mile in 7.89 seconds, topping out at 174 mph, a record. Dubé, 56, an engineer and Rhode Island native whose day job is designing air chemistry instruments at the University of Colorado, is the bike's designer, owner, and builder. He is out to prove that electric vehicles do not have to be "nerd-mobiles." At the heart of electric vehicles like the Killacycle are the batteries. A123 Systems Inc., based in Watertown, sponsors the Killacycle and provides its battery. Dubé read about A123's lithium-ion battery technology in 2003 and decided to approach company officials. He thought drag racing was a great way to torture-test the company's innovative battery cells. "I told them I'll take the battery cells out to the drag strip and set a world record," he said. Electric-vehicle racing hit the start line about 15 years ago, when pioneers like Dubé began building the machines. "Bill is quite amazing and does pretty good promoting electric-vehicle racing in general," said Mike Willmon, president of the National Electric Drag Racing Association, based in Santa Rosa, Calif. The mission of the group, whose membership stands at 100, is to increase public awareness about the performance side of electric vehicles.

Note: Why such a weak title for this amazing bike? Why not a title like "Electric motorcycle goes 0 to 60 in one second"? Could it be the media doesn't want us to know things like this? For lots more suggesting this may be the case, click here. And for more on this amazing motorcyle and an unassuming electric car that does the quarter mile in under 12 seconds, click here.




E-dragsters go for gas-powered records
2007-07-29, MSNBC/Associated Press
Posted: 2009-06-29 18:16:19
http://www.msnbc.msn.com/id/20024352

Straddling a 619-pound motorcycle, Scotty Pollacheck tucks in his knees and lowers his head as he waits for the green light. When he revs the engine, there's no roar. The bike moves so fast that within seconds all that's visible is a faint red taillight melting in the distance. Pollacheck crosses the quarter-mile marker doing 156 mph; he's traveled 1,320 feet in 8.22 seconds, faster than any of the gas-powered cars, trucks or motorcycles that have raced in the drag sprints on this weekend at Portland International Raceway. It's particularly impressive given Pollacheck is riding a vehicle that uses no gasoline and is powered entirely by lithium-ion batteries. Pollacheck and his bike — dubbed the KillaCycle — are part of a growing movement that's exploiting breakthroughs in battery technology and could soon challenge the world's fastest-accelerating vehicles in the $1 billion drag-racing industry. "In professional drag racing I expect to see the electrics eventually pass up the fuel dragsters," said Dick Brown, president of AeroBatteries, which sponsors White Zombie, the world's quickest-accelerating street-legal electric car — a 1972 white Datsun 1200. "Electric gives you instant torque whereas gasoline you have to build up," Brown said. The KillaCycle runs on 990 lithium-ion battery cells that feed two direct current motors, generating 350 horsepower. The bike accelerates from zero to 60 mph in just under a second — faster than many professional gas-powered drag motorcycles and within striking distance of the quickest bikes that run on nitromethane. With that hyper-potent racing fuel, riders can get to 60 mph in 0.7 seconds.

Note: For more on this amazing motorcyle and an unassuming electric car that does the quarter mile in under 12 seconds, click here.




Wauseon plant to open Monday for 110-mpg car engines
2009-05-30, Toledo Blade (Toledo, OH's leading newspaper)
Posted: 2009-06-14 14:28:31
http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20090530/BUSINESS03/905...

The man who drove his 20-year-old Mustang from Napoleon, Ohio, to Las Vegas and back last year on 39 gallons of fuel will open his first manufacturing facility Monday to allow others to get 110 miles per gallon. Doug Pelmear, owner of Horse Power Sales.net Inc. and Hp2G LLC, will hold an open house ... in Wauseon to begin manufacturing his revolutionary engine. The factory ... will be tooled to initially turn out 20 of Mr. Pelmear's custom engines per day with one shift of 25 workers. A Decatur, Ind., specialty car company, Revenge Designs Inc., has contracted with Mr. Pelmear to purchase 2,000 engines for use in a new vehicle it plans to unveil at the end of this year at the Los Angeles International Auto Show. The vehicle is to be called the Revenge Verde Super Car, which will use Mr. Pelmear's 400-horsepower engine and its 500 foot-pounds of torque to travel up to 200 mph and get 110 mpg - though admittedly not at the same time. "The engine is going to be a really great partnership with the car," explained Emily Levault, a spokesman for Revenge Design. "The idea behind this was to give people what they want while putting people back in their jobs." Ms. Levault said the Verde will be introduced as both a left and right-hand drive, so that it can be marketed around the world. Mr. Pelmear has said that he employs more precise tolerances and manufacturing techniques to decrease heat and energy loss and increase the efficiency of the internal combustion engine. He said he has more than quadrupled the industry average engine efficiency of about 8 percent.

Note: For a treasure trove of reliable reports on breakthrough developments in auto and new energy technologies, click here.




A climate solution that's out of this world
2009-05-14, New York Times
Posted: 2009-05-17 12:00:30
http://www.nytimes.com/gwire/2009/05/14/14greenwire-a-climate-solution-thats-...

One of the newest energy lobbyists claims he has the answer to climate change: spaceships. The government has in its possession "extraterrestrial vehicles," lobbyist Stephen Bassett said. As in flying saucers. Imagine the power source, he said, behind a 30-foot wide saucer that weighs the same as a tractor-trailer yet hurtles through galaxies at 20,000 miles per hour. "What is the energy system operating that craft?" Bassett said. "They're not burning kerosene." Bassett ... is working for free as a lobbyist, representing the Hawaii-based Exopolitics Institute, an educational organization which describes itself as "dedicated to studying the key actors, institutions and political processes associated with extraterrestrial life." Bassett said he is less lobbyist and more political activist. "The UFO phenomenon is real," Bassett said. "The E.T. extraterrestrial presence is real." Bassett's been lobbying about seven months, targeting the science and technology, and defense and aviation angles. He added energy to his portfolio in a Senate filing last week. He has spoken to lawmakers in the past, Bassett said, but he's writing off lobbying Congress for now, calling the extraterrestrial issue "the third rail" of politics. Besides, he and other believers have a bigger name on their list. "Knowing that Congress could not act," Bassett said, "what we did was focus on the executive branch, the White House." Those who believe the truth is out there have been waiting for someone like President Obama to come clean about the government hiding information on extraterrestrials, Bassett said.

Note: What's highly unusual about this article is that there is not a note of ridicule. This may be a first for a UFO article in the New York Times. For lots more eye-opening, reliable information on this topic, including a Times article in which a former CIA chief describes a UFO cover-up, click here and here.




Method and Apparatus for Tunneling by Melting
1972-09-22, US Patent and Trademark Office
Posted: 2009-05-17 11:21:18
http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&...

The invention described herein was made in the course of, or under, a contract with the U. S. ATOMIC ENERGY COMMISSION. It relates ... to a method and apparatus for drilling, tunneling and shaft-sinking in rock with particular advantage at hitherto inaccessible depths. The present invention uses the basic apparatus and method disclosed in U.S. Pat. No. 3,357,505 and in Los Alamos Scientific Laboratory of the University of California Report No. LA-3243 (1965) entitled "Rock Melting as a Drilling Technique." In the existing rock melting devices of the prior art, a major difficulty which limited performance was that of delivering a sufficiently large heat flux to the melting face of the drill or penetrator. The development of the heat pipe alleviates this problem in that the use of heat pipes enables the transfer of heat energy from a compact heat source to the extended melting surface of the penetrator at rates high enough to maintain the surface above the melting temperature of the rock. The extrapolation of a mechanism useful for forming large holes in the earth in accordance with the present invention uses the combination of a refractory rock-melting tool, an in situ heat source preferably a small nuclear reactor and an exceedingly efficient heat transfer mechanism such as a system of heat pipes to convey heat from the source to the walls of the drilling tool.

Note: This patent shows that government scientists at Los Alamos were using a "small nuclear reactor" to drill underground tunnels. Several of the inventors listed on the patent worked at Los Alamos National Laboratory, including: McInteer, Berthus B.; Mills, Robert L.; Potter, Robert M.; Robinson, Eugene S.; Rowley, John C.; and Smith, Morton C.. For photos and more fascinating information on this most intriguing patent, click here.




A Battle to Preserve a Visionary’s Bold Failure
2009-05-05, New York Times
Posted: 2009-05-10 19:49:32
http://www.nytimes.com/2009/05/05/science/05tesla.html

In 1901, Nikola Tesla began work on a global system of giant towers meant to relay through the air not only news, stock reports and even pictures but also, unbeknown to investors such as J. Pierpont Morgan, free electricity for one and all. It was the inventor’s biggest project, and his most audacious. The first tower rose on rural Long Island and, by 1903, stood more than 18 stories tall. Tesla, who lived from 1856 to 1943, made bitter enemies who dismissed some of his claims as exaggerated, helping tarnish his reputation in his lifetime. Today, his work tends to be poorly known among scientists, though some call him an intuitive genius far ahead of his peers. He was widely celebrated for his inventions of motors and power distribution systems that used the form of electricity known as alternating current, which beat out direct current (and Thomas Edison) to electrify the world. Around 1900 ... inventors around the world were racing for what was considered the next big thing — wireless communication. [Tesla's] own plan was to turn alternating current into electromagnetic waves that flashed from antennas to distant receivers. The scale of his vision was gargantuan. Investors, given Tesla’s electrical achievements, paid heed. The biggest was J. Pierpont Morgan, a top financier. He sank $150,000 (today more than $3 million) into Tesla’s global wireless venture. But Morgan was [eventually] disenchanted. Margaret Cheney, a Tesla biographer, observed that Tesla had seriously misjudged his wealthy patron, a man deeply committed to the profit motive. “The prospect of beaming electricity to penniless Zulus or Pygmies,” she wrote, must have left the financier less than enthusiastic.

Note: This article underplays a number of things about Tesla. Morgan stopped funding him primarily because he eventually realized that there would be no way to charge for the electricity Tesla was generating. If successful, electricity would be available virtually for free to those supplied by his tower. Tesla was then shunned by the power elite and his rightful claim as inventor of the radio (not Marconi) was erased in the history books. As stated on the PBS website, "It wasn't until 1943 — a few months after Tesla's death — that the U.S. Supreme Court upheld Tesla's radio patent number 645,576." For more on this amazing man, click here and here.




Cold Fusion Is Hot Again
2009-04-19, CBS News
Posted: 2009-05-02 07:16:14
http://www.cbsnews.com/stories/2009/04/17/60minutes/main4952167.shtml

Twenty years ago it appeared, for a moment, that all our energy problems could be solved. It was the announcement of cold fusion - nuclear energy like that which powers the sun - but at room temperature on a table top. It promised to be cheap, limitless and clean. Cold fusion would end our dependence on the Middle East and stop those greenhouse gases blamed for global warming. It would change everything. But then, just as quickly as it was announced, it was discredited. So thoroughly, that cold fusion became a catch phrase for junk science. Well, a funny thing happened on the way to oblivion - for many scientists today, cold fusion is hot again. "We can yield the power of nuclear physics on a tabletop. The potential is unlimited. That is the most powerful energy source known to man," researcher Michael McKubre told 60 Minutes correspondent Scott Pelley. McKubre says he has seen that energy more than 50 times in cold fusion experiments he's doing at SRI International, a respected California lab that does extensive work for the government. McKubre is an electro-chemist who imagines, in 20 years, the creation of a clean nuclear battery. "For example, a laptop would come pre-charged with all of the energy that you would ever intend to use. You're now decoupled from your charger and the wall socket," he explained. The same would go for cars. "The potential is for an energy source that would run your car for three, four years, for example. And you'd take it in for service every four years and they'd give you a new power supply," McKubre told Pelley.

Note: For more and to watch the full, revealing 12-minute video clip of this segment that was strangely removed, only to be reposted after a campaign by WantToKnow.info, click here and here.




2,757.1 MPG Achieved at 2009 Shell Eco-marathon Americas
2009-04-19, CNBC News
Posted: 2009-05-02 07:13:59
http://classic.cnbc.com/id/30287740

Distance, not speed, was the goal this weekend on the track at the 2009 Shell Eco-marathon Americas(R), a challenge for students to design, build and test fuel-efficient vehicles that travel the farthest distance using the least amount of fuel. This year, more than 500 students from North and South America were on hand to stretch the boundaries of fuel efficiency. So who came out on top? The student team from Laval University, with an astonishing 2,757.1 miles per gallon, equivalent to 1,172.2 kilometres per liter, won the grand prize in the "Prototype" category. And in the "UrbanConcept" category - new to the Americas event this year - the team from Mater Dei High School took the grand prize by achieving 433.3 mpg, equivalent to 184.2 km/l. With 44 participating teams at track competition was steep. This year's challenge brought together a number of returning teams determined to beat the 2,843 mpg (1,208 km/l) record set by Mater Dei High School (Evansville, Ind.) in 2008, combined with a number of new teams adding fresh innovation and vehicle designs to the competition. "The Shell Eco-marathon is a platform for students to let their imaginations run wild," said Mark Singer, global project manager for the Shell Eco-marathon. "By encouraging these students to build vehicles with greater energy efficiency, we hope this will help inspire others; and together we can find solutions that will help meet the global energy challenge."

Note: Why so little media attention to this most exciting race for top gas mileage? And if high school students can build a car that gets over 2,500 mpg, what's up with Detroit? Could big business be suppressing, or at the very least ignoring these inspiring inventions?




China Vies to Be World’s Leader in Electric Cars
2009-04-02, New York Times
Posted: 2009-04-25 08:21:43
http://www.nytimes.com/2009/04/02/business/global/02electric.html?partner=rss...

Chinese leaders have adopted a plan aimed at turning the country into one of the leading producers of hybrid and all-electric vehicles within three years, and making it the world leader in electric cars and buses after that. The goal, which radiates from the very top of the Chinese government, suggests that Detroit’s Big Three, already struggling to stay alive, will face even stiffer foreign competition on the next field of automotive technology than they do today. To some extent, China is making a virtue of a liability. It is behind the United States, Japan and other countries when it comes to making gas-powered vehicles, but by skipping the current technology, China hopes to get a jump on the next. The United States has been a laggard in alternative vehicles. G.M.’s plug-in hybrid Chevrolet Volt is scheduled to go on sale next year, and will be assembled in Michigan using rechargeable batteries imported from LG in South Korea. China’s intention, in addition to creating a world-leading industry that will produce jobs and exports, is to reduce urban pollution and decrease its dependence on oil, which comes from the Mideast and travels over sea routes controlled by the United States Navy. Beyond manufacturing, subsidies of up to $8,800 are being offered to taxi fleets and local government agencies in 13 Chinese cities for each hybrid or all-electric vehicle they purchase. China wants to raise its annual production capacity to 500,000 hybrid or all-electric cars and buses by the end of 2011, from 2,100 last year.

Note: For lots more on new developments in auto and energy technologies from reliable sources, click here.




Cooking with the power of the sun
2009-03-13, KSL-TV (Salt Lake City NBC affiliate)
Posted: 2009-04-25 08:08:51
http://www.ksl.com/?nid=148&sid=5845295

People are looking for ways to trim budgets and cut down on energy use. There's a product heating up in Utah that does just that. It even helps a good cause. Don't underestimate the power of cooking with the sun. LaRue Howells first bought a Global Sun Oven a year ago to be prepared for an emergency, but now she uses it a few times a week, all-year round and shares her knowledge with members of her church. Howells said, "I can grab the solar oven and some food and take off if I needed to, and it's wonderful to have." She baked bread for us. The temperature outside was in the low 40s. "We baked bread when it was 17 degrees outside," she said. "The temperature outside isn't the issue, it's the sun." To control the heat of the oven, you adjust the angle of the oven to the sun. If you want to reduce the heat, you angle it away from the sun. One-third of the Sun Ovens sold in the U.S. are sold in Utah. Joe Crane, with Kitchen Kneads, said, "Just being prepared, self-sufficient brings a lot of peace of mind to people." Crane started to sell them nearly a year ago. "Temperature makes no difference," he said. "I've cooked at 5 below to 90 degrees in the summer time." All you need is sun, and cook times aren't much longer than with a conventional oven. As useful as we might find them, Sun Ovens are life sustaining in developing countries looking for solutions to deforestation and energy deficiency. Domestic sales help pay for ovens in Afghanistan, Nepal and South Africa. They cost around $300. Sun Ovens [use] no electricity and [burn] no fuels, meaning no emissions.

Note: For more on this fascinating development, https://www.sunoven.com. See also http://solarcookers.org




Powering the Future
2008-03-13, Newsweek Magazine
Posted: 2009-04-25 07:41:22
http://www.newsweek.com/id/123021

Chances are you've heard of hybrids and biofuels, but what about oil-producing yeast and turbinelike buoys that transform ocean waves into electricity? Those are just a couple of the alternative-energy sources that may power the future according to Fred Krupp, president of the Environmental Defense Fund and coauthor, with Miriam Horn, of the new book Earth: The Sequel (Norton). "Everyone knows the current story of melting glaciers, rising sea levels, worsening hurricanes, dying coral reefs," said Krupp. "'The Sequel' is the story of what happens next." Newsweek's Katie Paul talked with Krupp about ... the next industrial revolution. Newsweek: You seem to be a big fan of solar energy. Why do you think there's so much promise to it? Fred Krupp: We have two chapters on solar energy at the beginning of the book because we think there's tremendous potential there. Every hour, the sun provides the earth with as much energy as all of human civilization uses in an entire year. So, if you could capture just 10 percent of it on a ... 100-mile square piece of land, you could power the entire United States. With solar thermal energy, capturing heat instead of immediately going to electricity, one advantage is that you can store hot water much more cheaply than you can store electricity. There is tremendous potential there, even before advanced batteries are developed, and reason to think solar energy can compete. [Newsweek:] And besides solar? How are they addressing some of the negatives associated with biofuels? [Krupp:] I think we've come to understand that the current generation of biofuels has problems and that we need a whole new generation.

Note: For more exciting reports from major media sources on new energy technologies, click here.




A lesson for Detroit - Tata Nano
2009-03-31, San Francisco Chronicle (San Francisco's leading newspaper)
Posted: 2009-04-11 06:49:31
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/03/30/EDTK16PF19.DTL

Don't dismiss the Nano as a small, poor man's car that will cause a mere ripple on the world market. The Nano is a radical innovation, with the potential to revolutionize automobile manufacturing and distribution. The tiny Nano incorporates three innovations, which together make it huge. First, the Nano uses a modular design that enables a knowledgeable mechanic to assemble the car in a workshop. Thus, Tata can outsource assembly to independent workshops that can then assemble the car on buyers' orders. This innovation not only removes costly labor from the manufacturer's side but also allows for distributed entrepreneurship on the dealer's side. Second, the low cost of the Nano comes from a combination of its no-frills design and its use of numerous lighter components, from simple door handles and bulbs to the transmission and engine parts. The lighter vehicle enables a more energy-efficient engine that gets 67 miles to the gallon. Third, at just 122 inches long, the Nano is one of the shortest four-passenger cars on the market, yet it allows for ample interior space. These innovations have enabled Tata to introduce the Nano at a base price of $2,000. The low price has triggered worldwide interest in the car and a surge of orders, even in a struggling auto market. The Nano has the potential of flourishing despite the recession or softening its sting because of its extraordinary low price. It's a radical innovation precisely because it is a poor man's car.

Note: For a treasure trove of inspiring developments in new energy and automotive technologies, click here.




Navy scientist announces possible cold fusion reactions
2009-03-23, Houston Chronicle (Houston's leading newspaper)
Posted: 2009-04-05 19:41:46
http://www.chron.com/disp/story.mpl/front/6333164.html

A U.S. Navy researcher announced today that her lab has produced “significant” new results that indicate cold fusion-like reactions. If the work by analytical chemist Pamela Mosier-Boss and her colleagues is confirmed, it could open the door to a cheap, near-limitless reservoir of energy. Devising a fusion-based source of energy on Earth has long been a “clean-energy” holy grail of physicists. A small group of scientists has [tried] to produce fusion reactions at low temperatures. If such experiments did produce fusion reactions, they would generate highly energetic neutrons as a byproduct. These are what Mosier-Boss says her San Diego-based group has found. “If you have fusion going on, then you have to have neutrons,” she said. “But we do not know if fusion is actually occurring. It could be some other nuclear reaction.” Today’s announcement is based partly on research published by Mosier-Boss’ group last year in the journal Naturwissenschaften. The announcement may turn heads, given its stage at the American Chemical Society’s big meeting and the fact that the organization promoted it to science journalists in advance. “It’s big,” said Steven Krivit, founder of the New Energy Times publication, which has tracked cold fusion developments for two decades. “What we’re talking about may be more than anybody actually expected,” he said. “We’re talking about a new field of science that’s a hybrid between chemistry and physics.”

Note: For a powerful documentary showing a major cover-up around cold fusion, click here. Many highly esteemed scientists have repeatedly demonstrated the reality of cold fusion, only to have their research sometimes ruthlessly shut down. For many hopeful reports from reliable sources on the array of new energy developments currently underway, click here.




Solar Panel Drops to $1 per Watt
2009-02-26, Popular Mechanics
Posted: 2009-03-28 08:40:41
http://www.popularmechanics.com/science/research/4306443.html

A long-sought solar milestone was eclipsed on Tuesday, when Tempe, Ariz.–based First Solar Inc. announced that the manufacturing costs for its thin-film photovoltaic panels had dipped below $1 per watt for the first time. With comparable costs for standard silicon panels still hovering in the $3 range, it's tempting to conclude that First Solar's cadmium telluride (CdTe) technology has won the race. But if we're concerned about the big picture (scaling up solar until it's a cheap and ubiquitous antidote to global warming and foreign oil) a forthcoming study from the University of California–Berkeley and Lawrence Berkeley National Laboratory suggests that neither material has what it takes compared to lesser-known alternatives such as—we're not kidding—fool's gold. Even if the solar cell market were to grow at 56 percent a year for the next 10 years—slightly higher than the rapid growth of the past year—photovoltaics would still only account for about 2.5 percent of global electricity, LBNL researcher Cyrus Wadia says. "First Solar is great, as long as we're talking megawatts or gigawatts," he says. "But as soon as they have to start rolling out terawatts, that's where I believe they will reach some limitations." Even the current rate of growth won't be easy to sustain. Despite the buck-per-watt announcement, First Solar's share price plummeted more than 20 percent on Wednesday, thanks to warnings from CEO Mike Ahearn about the effect of the credit crisis on potential solar customers—as much as 10 to 15 percent of current orders might default.

Note: Solar energy costs have dropped consistenly and steadily over the past 30 years. In the late 1970s solar energy cost $100 per watt. The price will almost certainly continue to drop. The San Francisco Chronicle reported in 2005 that "the electricity currently provided by utilities ... averages $1 per watt." Why isn't it being trumpeted loudly worldwide in the media that solar energy is reaching parity with traditional energy sources? Could it be that powerful interests don't want solar energy to be competitive with oil and nuclear?




Oil producers running out of storage space
2009-03-03, MSNBC/Associated Press
Posted: 2009-03-14 08:04:43
http://www.msnbc.msn.com/id/29495753

Supertankers that once raced around the world to satisfy an unquenchable thirst for oil are now parked offshore, fully loaded, anchors down, their crews killing time. In the United States, vast storage farms for oil are almost out of room. As demand for crude has plummeted, the world suddenly finds itself awash in oil that has nowhere to go. It’s been less than a year since oil prices hit record highs. But now producers and traders are struggling with the new reality: The world wants less oil, not more. And turning off the spigot is about as easy as turning around one of those tankers. So oil companies and investors are stashing crude, waiting for demand to rise and the bear market to end so they can turn a profit later. Meanwhile, oil-producing countries such as Iran have pumped millions of barrels of their own crude into idle tankers, effectively taking crude off the market to halt declining prices that are devastating their economies. Traders have always played a game of store and sell, bringing oil to market when it can fetch the best price. They say this time is different because of how fast the bottom fell out of the oil market. “Nobody expected this,” said Antoine Halff, an analyst with Newedge. “The majority of people out there thought the market would keep rising to $200, even $250, a barrel. They were tripping over each other to pick a higher forecast.” Now the strategy is storage. Anyone who can buy cheap oil and store it might be able to sell it at a premium later, when the global economy ramps up again.




Electric motor polarizes opinion
2009-02-28, Toronto Star
Posted: 2009-03-07 07:10:55
http://www.thestar.com/News/Ontario/article/594471

Thane Heins ... has invented a technology that he says will put out more energy than it consumes. His invention, he boldly claims, offers a way to make electric cars that can travel hundreds of kilometres from the energy in a small, inexpensive battery. The Star first profiled Heins and his controversial invention a year ago. In a nutshell, he had figured out a way to eliminate the electromagnetic friction that typically limits the performance of an electrical generator – an effect known as “Back EMF.” Not only that, but he also learned how to redirect that magnetic energy so that, instead of causing resistance, it gave an electrical motor connected to the generator a significant boost. The result, as far as Heins was concerned, violated Lenz’s law or what’s often called the law of diminishing returns. For many, that equates to a perpetual motion machine, an impossible claim in the conventional field of physics. Within no time the story spread globally across the Internet, became chatter on blogs, and triggered a flood of email to this reporter’s inbox – some praising Heins for his determination, others calling the Star irresponsible for giving credibility to his claim. The story, love it or hate it, was the second-most read article on TheStar.com in 2008. Much has happened over the past 12 months. Through his Ottawa-based company Potential Difference Inc., Heins has been in serious talks with a designer of small wind turbines in Montreal, a senior engineer from a large utility in Turkey, and a small manufacturer of electrical equipment in Toronto.

Note: Read how an esteemed MIT professor was baffled by this invention in the original Star article available here. For lots more on promising new energy inventions and technologies from major media sources, click here.




Tapes Show Enron Arranged Plant Shutdown
2005-02-04, New York Times
Posted: 2009-03-07 07:05:12
http://www.nytimes.com/2005/02/04/national/04energy.html?ex=1265259600&en=172...

In the midst of the California energy troubles in early 2001, when power plants were under a federal order to deliver a full output of electricity, the Enron Corporation arranged to take a plant off-line on the same day that California was hit by rolling blackouts, according to audiotapes of company traders. The tapes and memorandums were made public by a small public utility north of Seattle that is fighting Enron over a power contract. They also showed that Enron, as early as 1998, was creating artificial energy shortages and running up prices in Canada in advance of California's larger experiment with deregulation. The tapes provide new details of market manipulation during the California energy crisis that produced blackouts and billions of dollars of surcharges to homes and businesses on the West Coast in 2000 and 2001. In one January 2001 telephone tape of an Enron trader the public utility identified as Bill Williams and a Las Vegas energy official identified only as Rich, an agreement was made to shut down a power plant providing energy to California. The shutdown was set for an afternoon of peak energy demand. The next day, Jan. 17, 2001, as the plant was taken out of service, the State of California called a power emergency, and rolling blackouts hit up to a half-million consumers, according to daily logs of the western power grid. Officials with the Snohomish County Public Utility District in Washington State, which released the tapes, said they believed Enron officials had taken similar measures with other power plants. This tape, they said, was proof of what was going on.

Note: For many key reports from reliable sources on corporate corruption, click here.




Michigan solar car team wins 2,400-mile race
2008-07-25, CNN News
Posted: 2009-02-21 09:35:52
http://www.cnn.com/2008/TECH/science/07/25/michigan.solar.car

In the world of higher education, summer is usually the off-season. But for some students, this summer was the culmination of years of hard work in a 2,400-mile solar car race from Plano, Texas to Calgary, Alberta. Fifteen teams of students drove photovoltaic-powered cars across the North American Solar Challenge finish line in Calgary Tuesday, led by the University of Michigan Solar Car Team and its vehicle, Continuum. Michigan's victory, which took about 51 hours and 42 minutes on the road, is its fifth NASC championship. The school also won the last NASC, in 2005. Jeff Ferman, the race manager for Michigan, talked about how rewarding it was to enter Calgary and be greeted by 40,000 people."The streets were lined with people," he said. "There were people on overpasses with tripods taking pictures." The Michigan team led almost the entire race from Texas, trailing only on the first day of driving when it had to stop to fix a minor electrical problem. But that 20-minute stop was the only time it had to pull over to make repairs, which team members said was one reason they did so well.

Note: If you do the math, this amazing solar powered car built by college students averaged 46.5 mph over a 2,400 mile course! Why didn't this make news headlines? Try doing a Google search on "Solar Challenge" (the annual solar car race). You will find that almost no major media cover this amazing event at all. The few who have (including this CNN article) usually fail to mention anything about the speeds attained by these cars. Why is the media not giving better coverage to these incredible breakthroughs? For a possible answer, click here.




Sun-powered desert race: The World Solar Challenge
2007-10-24, CNN
Posted: 2009-02-15 09:38:14
http://edition.cnn.com/2007/TECH/science/10/24/solar.race/index.html

The [Panasonic World Solar] Challenge is the world's premier long-distance race for solar-powered vehicles, with competitors traveling 3000 kms [1,800 miles] along the Stuart Highway from Darwin in the far north of Australia to Adelaide in the south in cars powered solely by sunlight. In the process they ... send out a strong environmental message, pushing forward the boundaries of green technology and promoting the benefits of solar power as an alternative energy source. "It's a great adventure," the race director Chris Selwood told CNN, "One that allows the bright young people of the globe to come up with creative solutions to the problem of sustainable transport, while at the same time drawing attention to the importance of lightening the environmental footprint of our personal transport needs." First run in 1987, the race was the brainchild of Danish adventurer and environmental campaigner Hans Thostrup, who in 1982 designed and built "Quiet Achiever," the world's first ever solar-powered car. The inaugural competition featured 23 teams, with the winning vehicle -- the General Motors-sponsored Sunraycer -- completing the distance at an average speed of 67 kilometers per hour (42 miles per hour). The average speed has shot up to 103 kph (64 mph) ... while the competition has expanded to incorporate several different classes of vehicle: the Challenge and Adventure Classes for exclusively solar cars, and the Greenfleet Technology Class for other types of environmentally friendly, low-emission vehicles.

Note: Cars running on nothing but solar power averaging more than 60 mph over 1,800 miles? Why isn't this front page news? For lots more from reliable, verifiable sources on promising new energy and auto designs, click here.




Exxon Mobil sets record with $45.2 billion profit
2009-01-30, Miami Herald/Associated Press
Posted: 2009-02-06 09:16:11
http://www.miamiherald.com/business/nation/story/879748.html

Exxon Mobil Corp. ... reported a profit of $45.2 billion for 2008, breaking its own record for a U.S. company. The previous record for annual profit was $40.6 billion, which the world's largest publicly traded oil company set in 2007. The extraordinary full-year profit wasn't a surprise given crude's triple-digit price for much of 2008, peaking near an unheard of $150 a barrel in July. Since then, however, prices have fallen roughly 70 percent amid a deepening global economic crisis. In the fourth quarter alone crude tumbled 60 percent, prompting spending and job cuts in an industry that was reporting robust, often record, profits as recently as last summer. Irving, Texas-based Exxon said net income slid sharply to $7.8 billion, or $1.55 a share, in the October-December period. That compared with $11.7 billion, or $2.13 a share, in the same period a year ago, when Exxon set a U.S. record for quarterly profit. It has since topped that mark twice, first in last year's second quarter and then with earnings of $14.83 billion in the third quarter. Revenue in the most-recent quarter fell 27 percent to $84.7 billion. The industry went into retrenchment toward the end of the year with demand falling. The company, which produces about 3 percent of the world's oil, said overall output fell 3 percent in the most-recent period. For the full year, Exxon Mobil's massive profit amounted to $8.69 a share, versus $7.28 a share a year ago.

Note: How can it be said that this record-breaking profit "wasn't a surprise," when ethically we would all expect the oil companies not to gouge consumers world-wide at the time when oil prices were artificially driven to record highs? Why should the oil companies be allowed to rake in huge profits causing the vast majority of us to suffer even greater losses at the gas pump? This is generally called gross profiteering. Shouldn't these "windfall profits" be taxed away?





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