Tag: oil industry

It's war! Big Oil is bringing out the big guns, lawsuits are flying, and biofuels are under attack as never before. Not all the charges stick.

Daniel Yergin, who set a standard for oil reporting with The Prize, is back with a new book called The Quest, and he says peak oil theory is bunk. But that view is getting challenged.

No president can deliver cheap gas, and most analysts see higher prices ahead. Even if the Alaska reserve drilling and oil shale development that Bachmann supports went ahead full tilt, the results would be outside her term in office.

If you're the sort of person who stopped filling up at BP stations after the Gulf Horizon disaster, here's hoping you're not shopping for gasoline at Chevron, owner of Texaco, instead.

Comrade Motavalli has it right -- corn ethanol is not the way forward, especially when it's made by the big corn-glomerates; grown on big, corporate farms, knee deep in petrochemical fertilizers and genetically modified seeds. And he is correct, too, in pointing out that ethanol doesn't need to be made from corn.

The oldest Chevy Volt owner is Texaco's former head of worldwide oil production, and he thinks peak oil is very, very close.