Archive for May, 2006

Who Killed the Electric Car? Documentary 2006

Tuesday, May 23rd, 2006

I think this is one of the most important movies to watch this year. 

With gasoline prices escalating almost daily, fossil fuel shortages, unrest in the oil producing countries of the world and the move towards the hybrid electric cars (Over 140,000 Prius’ sold in the first half of 2006), this story couldn’t be more relevant. The foremost goal of Who Killed the Electric Car is to educate and enlighten audiences with the story of this car, its place in history and in the larger story of our car culture and how it enables our continuing addiction to foreign oil. This is an film holds an important message that not only calls to task the officials who abolished the Zero Emission Vehicle mandate, but all of the other accomplices, government, the car companies, Big Oil, even Eco-darling Hydrogen as well as consumers, who turned their backs on the car and embrace embracing instead the SUV. This documentary investigates the death and resurrection of the electric car, as well as the role of renewable energy and sustainable living in our country’s future.

These issues affect everyone person on the planet today from progressive liberals to the neo-conservative right.

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Isn’t it strange that major companies on this planet are not looking for what is best for the world.  Companies that are profess their desire to help the planet, and the planets eco system are tirelessly working behind the scenes to prevent competitors get an advantage, thereby putting our planet at risk.  People need to watch this film and learn the truth behind the electric car and why some very powerful people wish to prevent its success.

U.S. Antitrust Authorities Found no Evidence that Oil Companies Illegally Manipulated Gasoline Prices

Monday, May 22nd, 2006

An investigation by U.S. antitrust authorities found no evidence that oil companies illegally manipulated gasoline prices or constrained oil refining operations, the Federal Trade Commission said on Monday.

However, the agency said it had found 15 examples that fit lawmakers’ definition of price-gouging at the “refining, wholesale, or retail level.” It said factors like regional and local market trends appeared to explain the pricing in nearly all the cases.

Congress ordered the FTC probe last summer as part of a broad energy bill in response to a steady climb in crude oil and gasoline prices.

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Does anyone else believe this study?  I think there are many clear cases of the big oil companies not only price gouging but also outright collusion.  I would love to see an independent study done on this.  What do you think?

Oil Prices are Starting to Fall

Thursday, May 18th, 2006

Oil ebbed to a five-week low around $68 on Thursday on signs that high energy costs were firing inflation and dampening demand in top consumer the United States.

Commodities, stock and bond markets reeled on Wednesday after the United States reported a steep rise in consumer prices last month, driven by a big jump in fuel costs.

While other financial markets steadied on Thursday, U.S. crude continued to fall. By 1528 GMT U.S. crude was down 14 cents at $68.55. London Brent was down 27 cents at $68.77.
Oil has been in decline since hitting an all-time high of $75.35 on April 24. Some investors say the drop is no more than a pause for breath in a rally that has lifted the cost of a barrel of oil from $20 at the start of 2002.

“I certainly think the current jitters are no more than an overdue correction and pause for breath, and the bull market has plenty of years in it yet,” said Mark Mathias, chief executive of London-based investment specialist Dawnay Day Quantum.

Read more on this here

I would be interested to see if this will actually make a difference at the pumps.  Keep an eye on this one… usually it takes about 3 months to see the drop in gas prices… if at all.