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On August 9 the lead story in the Union Tribune Business Section was about high gas and oil prices. The story closed with a quote from me that said " ... the problem is the low supply of surplus gasoline, which drives up prices." But don't think for a moment that supply and demand are responsible for oil prices. There is more to the story.
The San Diego Center for Algae Biotechnology, or SD-CAB, could be a serious threat to the oil industry. Algae is an alternative source for gasoline, diesel and jet fuel, and a huge income opportunity for San Diego citizens. How? By harnessing the power of algae, we will soon be producing gasoline for as little as $2 a gallon. Full Story
No Longer "aFORDable." Detroit's first darling is learning the hard way what it means to be fuelish.
The oil lobby has finally figured out how to tax drivers for using less gasoline. Here are eight good reasons why this "per mile" tax stinks worse than a highway road-kill on a hot August day. Read the Blog.
But only for state law lawmakers. While Californians struggle to pay record prices at the pump, we get the distinct honor of paying for our Legislators' gasoline purchases without any oversight. Read about this absurd perk at AP Exclusive: Gas cards give Calif. Leg. free ride.
The Pew Research Center for the People & the Press has released a nationwide study finding that "amid record gas prices, public support for greater energy exploration is spiking." More.
Yesterday, the widely anticipated announcement of the winners to Iraq's no-bid contracts was delayed. More.
Older Americans are at-risk as gas and food prices rise and assets dwindle. MORE
The U.S. Energy Department has released its Annual Energy Outlook 2008 report. The AEO report, prepared by the Energy Information Administration, presents long-term projections of energy supply, demand, and prices through 2030. More.
Iraq's no bid oil contracts are being scrutinized by a group of Democrats. More.
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