Posts Tagged ‘oil’
How Efficient Are We in Our Use of Oil?
The oil spill in the Gulf of Mexico and the continuing environmental catastrophe that has resulted got me thinking about domestic oil consumption in the United States. Clearly, this disaster is one consequence of our dependence on petroleum and the need to satisfy that dependence with offshore exploration in increasingly difficult and hostile environments. It [...]
Advancing Houston
Tory Gattis wrote this column yesterday, and I have to say I heartily agree with it. Here’s the bulk of it: Houston has a unique window of opportunity right now to secure its economic future as well as improve its world-city status. We’re currently the global capital of the oil and gas industry, one of [...]
Peter Newman Presentation at Houston Tomorrow
I attended Peter Newman’s presentation at Houston Tomorrow last night. It was an interesting talk; I didn’t find any of it to be shockingly original information, but it was a great overview of the situation we’re in right now and how the city can be made better. There are two critical points Newman illustrated. These [...]
Light (Crude) Reading
Houston Tomorrow published this summary of the long discussed stimulus bill that Obama plans to pass as soon as he takes office. They the following: Relatively speaking, the stimulus bill marks a tenfold increase in transit spending, perhaps the biggest sign yet that mass transit is becoming politically popular. That’s good news. – – – [...]
Falling behind
Great column on energy efficiency in other parts of the world today, courtesy Thomas Friedman. Here is the key quote: Unlike America, Denmark, which was so badly hammered by the 1973 Arab oil embargo that it banned all Sunday driving for a while, responded to that crisis in such a sustained, focused and systematic way [...]
Markets rally, people wait in line
Yesterday was a good day for the markets, according to the New York Times. Oil dipped below $120 a barrel, which is starting to seem like the ‘panic price’. The Dow was up 331 points at the end of the day. This wavering roller coaster of oil and economy makes me even more interested in [...]
Should oil be cheap?
Update: An alternative take on this issue, in light on the financial crisis now looming over our nation, appeared on CNN a few days ago. There was a great article on Business Week, published July 23. The article is called, “Should Oil Be Cheap?“. Basically, the article argues that there is a case to be [...]