The following Five Friday Facts come from Stacy Dewald at Heating Oil Shopper, a Web publishing company that specializes in information about oil production and consumption, particularly as it relates to the business and environmental impacts of oil. For the original article, click here. According to the U.S. Energy Information Association, Canada is the top [...]
Posts Tagged ‘Oil Consumption’
Keystone Pipeline and the Future of Fuel
December 18th, 2011
Eric Wilson A few weeks ago news came out that President Obama was stalling the decision on the Keystone Pipeline from Alberta, Canada down to Texas. This was no doubt a political move tied to the 2012 election. Apparently, the company that is building the pipeline acquiesced to demands from environmentalists that the pipeline avoid certain areas of Nebraska [...]
U.S. Navy Makes Largest Government Purchase of Biofuels
December 6th, 2011
Eric Wilson According to a press release from the Department of Defense, the United States Navy recently agreed to purchase 450,000 gallons of domestically produced biofuel. Solazyme (written up here recently) and Dynamic Fuels LLC were jointly awarded the $12 million contract. One of the unique aspects of the blend is that Solazyme’s biofuel is algae-based, while [...]
Is China Headed in the Right Direction?
November 10th, 2011
Chris DeArmond China may be one of the first countries that pops into your head when you think of clean technology, but its government has only just begun to recognize the environmental damage caused by two decades of unhinged economic growth. In a 2011 study, the World Bank found that 20 of the world’s 30 most polluted [...]
U.S. Inches Away from Foreign Oil Dependency
November 4th, 2011
Chris DeArmond With all the clamoring over our addiction to foreign oil, it may be slightly comforting to know that oil imports have actually dropped significantly over the past several years. According to the Energy Information Administration(EIA), the amount of imported oil (as a percentage of total oil consumed) fell from 60.3 percent in 2005 to 49.3 [...]
Elastec Wins Cash for Creating Vastly Improved Oil Skimmer
October 21st, 2011
Justin Manger $1 million is a lot of motivation. Using that cash from the X Prize Foundation’s “X Challenge” contest as an incentive, Illinois-based Elastec/American Marine has come up with a new technology that allows oil to be siphoned off of water at a faster rate than currently possible. About the size of a large truck, the skimmer is [...]
Per Capita Oil Consumption Around the World: Good News/Bad News
September 26th, 2011
Justin Manger From the chart below, it is apparent that wealthier countries have curtailed their oil consumption per person since the 1970′s oil crisis. Saudi Arabia stands out as a huge consumer over the last two decades, and especially over the last 10 years. China, India, Brazil, and other rapidly developing countries are using an increasingly large proportion of [...]
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