Energy Media Articles
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Its superfast, supersecret oil trading software was called the Hammer. And if the Commodity Futures Trading Commission is right, the name fit well with an intricate scheme that allowed commodity traders in Chicago working for Optiver, a little-known company based in Amsterdam, to put their orders first in line and subtly manipulate the price of oil to the companys advantage. Transcripts and taped conversations of actions that took place in 2007 ... reveal the secretive workings of high-frequency trading, a fast-growing Wall Street business. Critics say this high-speed form of computerized trading, which is used in a wide range of financial markets, enables its practitioners to profit at other investors expense. Traders in the Chicago office of Optiver openly talked among themselves of whacking and bullying up the price of oil. But when called to account by officials of the New York Mercantile Exchange, they described their actions as just providing liquidity. In July 2008, the commission charged Optiver with manipulating the price of oil; negotiations over a settlement continue. The Securities and Exchange Commission has opened up an investigation into high-speed-trading practices, in particular the ability of some of the most powerful computers to jump to the head of the trading queue and in a fraction of a millisecond capture the evanescent trading spread before the rest of the market does.
Note: This and other reports likely show only the tip of the iceberg of how prices of key stocks and commodities are manipulated. For a great collection of reports from major media sources on the schemes and tricks used by financial corporations, click here.
It is one of evolution's crowning achievements - a mini green power station and organic factory combined and the source of almost all of the energy that fuels every living thing on the planet. Now scientists developing the next generation of clean power sources are working out how to copy, and ultimately improve upon, the humble leaf. The intricate chemistry involved in photosynthesis, the process where plants use sunlight to convert water and carbon dioxide into sugar, is the most effective solar energy conversion process on Earth. And researchers believe that mimicking parts of it could be the ticket to a limitless supply of clean power. The untapped potential for using the sun's rays is huge. All human activity for a whole year could be powered by the energy contained in the sunlight hitting the Earth in just one hour. Harnessing even a small amount of this to make electricity or useful fuels could satisfy the world's increasing need for energy, predicted to double by 2050, without further endangering the climate. Most solar power systems use silicon wafers to generate electricity directly. But although costs are coming down, these are still too expensive in many cases when compared with fossil fuels such as coal, oil and gas. Scientists are keen to develop more efficient and cheaper alternatives sources of energy. At Imperial College London, researchers have embarked on a 1m project to study, and eventually mimic, photosynthesis. Part of a project called the "artificial leaf", involves working out exactly how leaves use sunlight to make useful molecules. The team then plans to build artificial systems that can do the same to generate clean fuels such as hydrogen and methanol. These would then be used in fuel cells to make electricity or directly to power super-clean vehicles..
Note: For more reports from reliable sources on exciting new energy developments, click here.
Once upon a time, you needed a crystal ball to see the future. Now all you need is a powerpoint. This week in Japan, Nissan unveiled the future of motoring, the production-ready, plug-in, electric family car. Called the Leaf, this spacious five-door hatch promises to usher in a new paradigm of motoring. Its name was chosen to indicate clean air, or, as the company said, because it "purifies air by taking emissions out of the driving experience." It's not a far-off dream of engineers, either. The Leaf will be on the roads in Japan and the US next year. And Nissan has two more EVs (electric vehicles) that are "imminent," as one senior company executive [said]. Simple in concept yet sophisticated in its execution, the car plugs into regular powerpoints to charge its onboard batteries. Unlike hybrids such as Toyota's Prius, Honda's Insight and the forthcoming Holden Volt, the Leaf doesn't require any petrol. It's 100 per cent electric. So far, Nissan, in its alliance with Renault (the two companies share the one chief executive but have separate boards), has signed understandings or agreements with 27 governments around the world to bring in electric cars. For consumers, though, the biggest hurdle will be its price. Rival Mitsubishi has its first all-electric car, the iMiEV, on the cusp of entering Japanese showrooms but, contrary to its diminutive size, it carries a big price tag there -- nearly $60,000 [Australian]. But Nissan is working on the financing details of the Leaf so it costs less to own and run than a comparable petrol car. It's Nissan's EV strategy to take the technology to the masses.
Note: For more reports from reliable sources on exciting new automotive technology and energy developments, click here.
The federal government is behind the times when it comes to making decisions about advancing the solar industry, according to several solar-industry experts. This has led, they argue, to a misplaced emphasis on research into futuristic new technologies, rather than support for scaling up existing ones. That was the prevailing opinion at a symposium last week put together by the National Academies in Washington, DC, on the topic of scaling up the solar industry. The meeting was attended by numerous experts from the photovoltaic industry and academia. And many complained that the emphasis on finding new technologies is misplaced. "This is such a fast-moving field," said Ken Zweibel, director of the Solar Institute at George Washington University. "To some degree, we're fighting the last war. We're answering the questions from 5, 10, 15 years ago in a world where things have really changed." Industry experts at the Washington symposium argued that new technologies will take decades to come to market, judging from how long commercialization of other solar technologies has taken. Meanwhile, says Zweibel, conventional technologies "have made the kind of progress that we were hoping futuristic technologies could make." For example, researchers have sought to bring the cost of solar power to under $1 per watt, and as of the first quarter of this year one company, First Solar, has done this. These cost reductions have made solar power cheaper than the natural-gas-powered plants used to produce extra electricity to meet demand on hot summer days.
Note: Interesting that MIT has reported this story, but none of the major media picked it up. Solar energy will very likely be cheaper than oil-generated energy in under 10 years. For more on the current state of solar, click here.
If not for the Finnish American Reporter, Steve Lehto would never have eaten barbecued chicken in Jay Leno's garage after taking a ride in a car that sounds like a vacuum cleaner. Also, Lehto wouldn't have finally found an agent for his book [Chrysler's Turbine Car: The Rise and Fall of Detroit's Coolest Creation] about the Chrysler Turbine. The Chrysler Turbine was essentially a stylish, bronze-colored, four-seat sedan with a jet engine. It could run on gasoline, kerosene, or just about anything else, including Chanel No. 5 and tequila. Of the 55 that Chrysler produced, none were sold to the public, and all but nine were destroyed when the experiment ended. A collector in Indiana owns one. Museums have five. Chrysler had three -- and now one of them is [Jay] Leno's. "He offered to let me drive it if I was ever in town," Lehto says, "which I just happened to be, as soon as I could get tickets." Yelps and cheers from bystanders as they cruised the streets of Burbank. Cuisine from a grill in one of Leno's garages. Another ride in a steam-powered 1907 White. More yelps and cheers. Also, an offer from Leno. If it'll help sell the book, he'll write a [foreword]. It does help; a New York agent has agreed to shop it around. Lehto is still in car-buff heaven. "I was 3 feet across from Jay Leno," he marvels, "having lunch."
Note: This amazing engine could run on vegetable oil and more. Why didn't it get more publicity? For lots more fascinating information on the engine, click here. For why it never got developed, click here.
The big drive to create a viable alternative-energy future by Detroit, multinationals such as IBM and BP, and Silicon Valley startups is well-known. But there's another serious player in this sphere: the U.S. military, and especially DARPA [the Defense Advanced Research Projects Agency]. Created at the height of the Cold War to bolster U.S. military technology following the Soviet Union's Sputnik satellite launch, the agency has a long history of innovation. Most famously, DARPA's researchers first linked together computers at four locations in the early 1960s to form the ARPANET, a computer network for researchers that was the core of what eventually grew into the Internet. Other breakthroughs have helped lead to the commercial development of semiconductors, GPS, and UNIX, the widely used computer operating system. Can DARPA now score another double success by changing how both the military and civilian worlds consume and produce energy? DARPA's first goal is always to magnify the might of the U.S. armed forces. That's why Arlington (Va.)-based DARPA is devoting an estimated $100 million of its $3 billion annual budget to alternative energy. DARPA describes itself as an incubator of long-shot technologies too risky for almost anyone else to take on. The agency operates by issuing challenges to companies that are so tough they are called "DARPA-hard." Typically, DARPA requires contractors to come up with solutions that are orders of magnitude superior to current technology. In addition to spurring the development of palm-size fuel cells, DARPA has contracted with companies to miniaturize solar cells that would supplant the need for generators.
Urine-powered cars, homes and personal electronic devices could be available in six months with new technology developed by scientists from Ohio University. Using a nickel-based electrode, the scientists can create large amounts of cheap hydrogen from urine that could be burned or used in fuel cells. "One cow can provide enough energy to supply hot water for 19 houses," said Gerardine Botte, a professor at Ohio University developing the technology. "Soldiers in the field could carry their own fuel." Pee power is based on hydrogen, the most common element in the universe but one that has resisted efforts to produce, store, transport and use economically. Storing pure hydrogen gas requires high pressure and low temperature. Chemically binding hydrogen to other elements, like oxygen to create water, makes it easier to store and transport, but releasing the hydrogen when it's needed usually requires financially prohibitive amounts of electricity. By attaching hydrogen to another element, nitrogen, Botte and her colleagues realized that they can store hydrogen without the exotic environmental conditions, and then release it with less electricity, 0.037 Volts instead of the 1.23 Volts needed for water. Stick a special nickel electrode into a pool of urine, apply an electrical current, and hydrogen gas is released. A fuel cell, urine-powered vehicle could theoretically travel 90 miles per gallon. A refrigerator-sized unit could produce one kilowatt of energy for about $5,000, although this price is a rough estimate, says Botte. "The waste products from say a chicken farm could be used to produce the energy needed to run the farm," said John Stickney, a chemist and professor at the University of Georgia.
Note: For many exciting reports from reliable sources on new energy technologies, click here.
A cloudspotter from Somerset believes he has identified a new type of cloud. Gavin Pretor-Pinney, from Somerton, who also founded the Cloud Appreciation Society, wants recognition for what he has named the asperatus cloud. He said: "It looks quite violent - as if you are looking up from underneath the turbulent surface of the sea." Weather forecaster Michael Fish told BBC Radio 4's Today programme he thinks it is caused by a mixing of two air masses or the bottom of a storm cloud. Mr Pretor-Pinney, who wrote the Cloudspotter's Guide ... asked his cousin - who is a Latin teacher - for a word that means choppy or turbulent that is used to describe the sea to name the cloud after. "Asperatus comes from the Latin verb aspero meaning 'to roughen up' or 'agitate'," he said. "It was used by the poet Virgil to describe the surface of a choppy sea." Mr Fish said he was "quite amazed" by pictures showing clouds fitting Mr Pretor-Pinney's asperatus description. There has been no change to the classifications of clouds since 1953 and maybe this should be considered now. I can offer two explanations - they are either the mixing of two air masses - very warm humid air and and very cold dry air and it is like oil and water - it doesn't mix. These clouds could be formed at the boundary of these two air masses. Or ... they could be the turbulent underbelly of one of the huge thunder clouds." Mr Pretor-Pinney said the pictures were sent in by cloud society members from all over the world and some of them said there was no storm activity or heavy precipitation in the area at the time.
Note: How strange that a new type of cloud is now appearing. What changes could be causing this new formation? For more photos of these most unusual new clouds, click here. Or visit the Cloud Appreciation Society, founded by Mr. Pretor-Pinney.
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.
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.
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 inventors 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 Teslas electrical achievements, paid heed. The biggest was J. Pierpont Morgan, a top financier. He sank $150,000 (today more than $3 million) into Teslas 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.
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: To watch the full, revealing 12-minute video clip of this segment, click here.
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: CNBC removed this article for some reason. It was still available on the Shell website at this link for a while, but then strangely removed. Using the Internet Archive, you can still view the article at this link. 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?
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 Detroits 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. Chinas 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.
For the first time, MIT researchers have shown they can genetically engineer viruses to build both the positively and negatively charged ends of a lithium-ion battery. The new virus-produced batteries have the same energy capacity and power performance as state-of-the-art rechargeable batteries being considered to power plug-in hybrid cars, and they could also be used to power a range of personal electronic devices, said Angela Belcher, the MIT materials scientist who led the research team. The new batteries ... could be manufactured with a cheap and environmentally benign process: The synthesis takes place at and below room temperature and requires no harmful organic solvents, and the materials that go into the battery are non-toxic. In a traditional lithium-ion battery, lithium ions flow between a negatively charged anode, usually graphite, and the positively charged cathode, usually cobalt oxide or lithium iron phosphate. Three years ago, an MIT team led by Belcher reported that it had engineered viruses that could build an anode by coating themselves with cobalt oxide and gold and self-assembling to form a nanowire. In the latest work, the team focused on building a highly powerful cathode to pair up with the anode. Cathodes are more difficult to build than anodes because they must be highly conducting to be a fast electrode. Most candidate materials for cathodes are highly insulating (non-conductive). To achieve that, the researchers ... genetically engineered viruses that first coat themselves with iron phosphate, then grab hold of carbon nanotubes to create a network of highly conductive material.
Note: For many reports from major media sources on promising new energy technologies, click here.
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.
Bill Dub 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. Dub, 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. Dub 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 Dub 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.
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. Todays 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 Societys big meeting and the fact that the organization promoted it to science journalists in advance. Its big, said Steven Krivit, founder of the New Energy Times publication, which has tracked cold fusion developments for two decades. What were talking about may be more than anybody actually expected, he said. Were talking about a new field of science thats 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.
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
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. Its 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.
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