11 Dec
The word is building that Steven Chu, the Nobel Prize winner who heads the Lawrence Berkeley National Laboratory, is President-elect Barack Obama’s choice for secretary of energy.
This choice would undoubtedly be hailed both by those pushing for development and large-scale testing of nonpolluting energy technologies and by environmental campaigners seeking knowledgeable leadership at the giant [...]
Posted in Energy by: crash
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10 Dec
The government has further lowered its projections for winter heating costs because of the dramatic drop in crude oil demand and prices.
World oil consumption is projected to fall 50,000 barrels per day in 2008 and 450,000 barrels per day next year, the U.S. Energy Information Administration said in its monthly forecast released on Tuesday.
It would [...]
Posted in Energy, US Economy by: crash
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10 Dec
By Thomas L. Friedman, New York Times Columnist
As I think about our bailing out Detroit, I can’t help but reflect on what, in my view, is the most important rule of business in today’s integrated and digitized global market, where knowledge and innovation tools are so widely distributed. It’s this: Whatever can be done, will [...]
Posted in Energy, Transportation by: crash
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