Hyundai has updated its i30 range for 2010, and is making its Intelligent Stop & Go technology (ISG) (earlier post) available as an option on all i30 models with manual transmission, giving improvements in fuel economy of up to 10 percent on the hatchback and 14 percent on the [...]
Two environmental groups petitioned U.S. EPA today to set national limits for greenhouse gases using the Clean Air Act.
The Center for Biological Diversity and 350.org petitioned (pdf) EPA to designate greenhouse gases as "criteria" air pollutants, which would require EPA to establish allowable nationwide concentrations for the gases. The groups [...]
Jae Jun submits: Portfolio PerformanceIn November, the Old School Value portfolio ended up 18.6% compared to the market 5.4%. The absolute return since inception is now 40.87% compared to -1.26% for the market.
Russian output reached 10.07 million bpd last month, setting a new [...]
[Update, 12/7/09: Dave is on his way to Copenhagen! He's been selected by HuffingtonPost as their Hopenhagen ambassador. Thanks to any WattHead.org readers who helped put Dave across the finish line.]
Cap and trade rules point way to emission reductions
by Adam Stern
Californias Air Resources Board (CARB) released draft cap-and-trade regulations (pdf) last week, which will be a central part of the states plan to reduce greenhouse gas emissions to 1990 levels by 2020. The agencys proposal [...]
Berens Energy was up 23%, or 37 cents, on Monday to $1.95 on much greater than average volume as it reported the highest Initial Production (IP) rate I have ever seen out of the new high profile Cardium oil play in Alberta – 1250 bopd (barrels of oil per day).
[...]
An oil-less recovery
In the last two years, US oil consumption has fallen some 9%, down nearly 2 million barrels per day (mbpd) from 20.7 mbpd in mid 2007, to about 18.8 mbpd in October 2009. The comedown has been painful, marked by severe recession and high unemployment. As we [...]
ISO has published an updated, improved edition of an International Standard providing safety specifications for electrically propelled road vehicles. The two-part ISO 6469 will help manufacturers to design fail-safe electrically propelled vehicles, as well as provide a framework for the information they need to make available for safety personnel [...]
September U.S. petroleum consumption was lowered 518,000 barrels per day to 18.362 million bpd, the Energy Information Administration said in its monthly petroleum supply report. [...]
Peak oil: Social, economic, political and financial impacts and historical background - Colin J Campbell and Walter Ryan-Purcell [PDF]
A debate rages as to the precise date of peak oil production, but in general it is undeniable that the Second Half of the Oil Age now dawns. The high oil [...]
Dhiya Jaafar, current chief of Iraq's South Oil Co. (SOC), which oversees the bulk [...]
The Tragedy of 21 Darts [PDF]
This is a long article on the subject of oil & gas reserves and due diligence.
My purpose is to alert you to revision of SEC Regulation S-K and Regulation S-X effective January 1, 2010. Concealed in a handful of benign new regs is a financial [...]
The California Energy Commission has awarded a $1-million grant to UC Riverside’s College of Engineering-Center for Environmental Research and Technology (CE-CERT) to build a process demonstration unit (PDU) [...]
World oil production peaked in July 2008 at 74.74 million barrels/day (mbd) and now has fallen to about 72 mbd. It is expected that oil production will decline at about 2.2 mbd per year as shown below in the chart. The forecasts from the IEA WEO 2008 and 2009 are [...]
World oil production peaked in July 2008 at 74.74 million barrels/day (mbd) and now has fallen to about 72 mbd. It is expected that oil production will decline at about 2.2 mbd per year as shown below in the chart. The forecasts from the IEA WEO 2008 and 2009 [...]
Valero Energy Corporation intends to permanently shut down its Delaware City, Delaware refinery due to financial losses caused by very poor economic conditions, significant capital spending requirements and high operating costs.
Valero Delaware City Refinery. Click to enlarge.The Valero Delaware City Refinery, acquired [...]
After a year and a half of initial field testing, Volvo Trucks is releasing an upgraded hybrid refuse truck (earlier post) with new components and software. The new refuse truck will be tested [...]
The next BLS release of unemployment data for California comes this Friday, and its bracing to think what the numbers might be. Currently, the broad measure of unemployment for California–or U6–is running at 19.9% and the more conservative measure, which will be updated this this [...]
