latest posts
Future of Energy – Nuclear Power in the Middle East?
June 6th, 2008
The last 50 years of humanity’s mindless consumption of fossil fuels has helped accelerate global warming. The total lack of a cohesive energy policy and program in America has given us $4 a gallon gasoline with $5 and $6 a gallon a practical certainty. There are millions of new riders on our mass transit systems at a time when many of these systems are in crumbling decline due to decades of neglect and total lack of strategic initiatives. Solar and wind power are extremely exciting and coming on line quickly. Globally, and nationally we have backed ourselves into an energy …
The Electric Car – An Update on the Mass Market
May 26th, 2008
When I wrote my first column on the electric car early in 2007 it was triggered by the announcement that GM was going to bring the Chevrolet Volt to market in 2010. As stated then, this was a significant event in that this was going to be the first plug-in car produced in significant volume and at an affordable price. GM was underscoring this by putting the Chevrolet name plate on the car. Plug-in cars are important as they have the potential for transportation with no heat and emission generating combustion. Significant volume is important because anything …
Finally, Enough Pain to Produce Some Gain
May 18th, 2008
Well, it finally has happened. The price of gasoline has increased enough to cause pain to Americans so that they are changing behavior. The approach of $4 a gallon gasoline has, in the last month produced two positive results. First, after gasoline consumption increased 1.4% in March over the same month last year, it declined 0.6% in April. Second, ridership is up on mass transit systems around the country, in some cases by double digit amounts. The Minneapolis-St.Paul light rail line has increased ridership of 16% year to date over last year, and the Miami rail ridership is up 13% …
Future of Energy – The Short and Long Term Price of Oil
April 27th, 2008
Two years ago in this blog, I wrote a futuristic column from April 20, 2009. The title of the column was “Remember When Gas Was Cheap?†At that time I predicted that the price of oil in early 2008 would reach $125 and that in April 2009 it would be $137.
In January of 2007 I was invited on the “First Business†syndicated business program to discuss the price of oil for the remainder of the year. At the time the price was $53 a barrel. I basically told the flabbergasted reporter that I thought the price of oil …