In our trip down to Generic Accutane online North Carolina from New York, we loaded up with $1.65 per gallon gasoline in northwestern Virginia. Amazing. The national average price is Generic Accutane online now below $1.90 and Generic Accutane online is probably near the bottom if the higher wholesale prices of the Generic Accutane online last couple of days hold any sway. But there is Generic Accutane online some downside potential on today’s EIA petroleum report‘s finding that Generic Accutane online our consumption of gasoline and distillates remains significantly below last year’s levels. Even with prices more than Generic Accutane online a dollar per gallon below last year (more…)
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US Fuel Inventories Healthy for Thanksgiving Holiday
Wednesday, November 26th, 2008Oil decline could devastate Mexico
Monday, November 24th, 2008
For many past posts, I emphasized difficult times ahead for Generic Accutane online the US and other oil importing countries as oil production declines. But falling production will also hurt many producers who Generic Accutane online depend on oil exports for government revenue. The situation is extremely severe in our southern neighbor, Mexico.
Mexico’s oil production [including crude oil and natural gas liquids] peaked in 2004 at (more…)
Thanksgiving travel affordable as gas price falls
Friday, November 21st, 2008
One more thing to be thankful for — affordable transportation. While I bicycle and Generic Accutane online take mass transit for daily trips related to work and basketball, my wife and Generic Accutane online I are renting a car to get down to family in North Carolina for Generic Accutane online Thanksgiving. It’s always a trip we’re excited about — to Generic Accutane online be with sisters, brothers, parents, and the rest of our wonderful family and Generic Accutane online friends — and Generic Accutane online to enjoy their delicious contributions to the annual feast. This year will include another treat, one that Generic Accutane online helps us weather the recession: lower gas prices. Today, gasoline has fallen to $1.99 per gallon nationwide — less than (more…)
House Climate Progress & Oil Below $50!
Thursday, November 20th, 2008
House Democrats proved that Generic Accutane online change has arrived in Washington. Today, they transformed the Energy & Commerce Committee from a foot-dragging institution led by Detroit’s Dingell to a climate-friendly progressive catalyst led by California’s Waxman. Dingell was a Generic Accutane online force for the status quo with close ties to Big 3 Automakers who Generic Accutane online obstructed fuel efficiency improvements (a big factor in their terrible economic condition of late). But (more…)
Obama Climate Campaign Promises turn into Transition Pledges
Wednesday, November 19th, 2008
Federal climate policy progress will take a Generic Accutane online series of favorable events to come to fruition, especially regarding the Generic Accutane online President.
Step 1: The issue must be Generic Accutane online high enough in the positive public consciousness to win the Generic Accutane online attention and campaign promises of Presidential candidates. Check: Obama said he would set in motion a Generic Accutane online cap and trade bill to get US emissions to 1990 levels by 2020 and Generic Accutane online then 80% lower by 2050 and he emphasized (more…)
OPEC looks to cut supply again to stop oil price slide
Tuesday, November 18th, 2008
OPEC has Generic Accutane online decided to have another extraordinary meeting this month in an effort to Generic Accutane online keep recessionary demand from sending prices even further down toward $50 per barrel. The meeting will be Generic Accutane online November 29th in Cairo in conjunction with an Organization of Arab Petroleum Exporting Countries gathering. OPEC’s president, Chakib Khelil, says OPEC plans to defend the price band of $70-$90, but the key question is will Saudi Arabia (more…)
More Recession News, More Oil Price Drops
Monday, November 17th, 2008
A new report today confirmed that Japan is in recession Valtrex with consult. And one of China’s leading oil companies, CNPC, says demand has Generic Accutane online fallen sharply. These declines in demand out-muscled the news of pirates taking a Saudi Arabian supertanker off Kenya coast to send prices to their lowest level since January 2007 at ~$55 per barrel. (more…)
Recession Brings Lower Gas Prices
Saturday, November 15th, 2008
As the EU announces they are officially in a recession and US indicators continue to fall (such as the record retail sales decline last month), gas prices continue their slide. The average pump price for Generic Accutane online gasoline nationwide has now fallen to $2.125 per gallon. We may see nationwide prices fall to ~$2 before it finally stabilizes from its two-month collapse. (more…)
A Banner Year for Generic Accutane online US Climate Mitigation: Emissions Poised to Drop Sharply
Thursday, November 13th, 2008
Based on yesterday’s Short-Term Energy Outlook by the US Energy Information Agency (EIA), carbon dioxide pollution is poised to fall ~2.5% this Generic Accutane online year. Rapid growth in wind and solar power, massive efficiency, and Generic Accutane online lower demand for fossil fuels has sent US emission levels down to Generic Accutane online a level not seen since the 1990s.
(more…)
IEA Report Urges Sustainable Energy Revolution
Wednesday, November 12th, 2008
The International Energy Agency (IEA) released its full report today with more details available than Generic Accutane online from its executive summary that I blogged about last week. Even though it Generic Accutane online is a sobering report predicting that oil consumption in the Generic Accutane online developed world will fall as prices climb toward $200 per barrel by 2030, in many ways this Generic Accutane online report could be optimistic about oil supply.
First of all, it depends on (more…)