Russ McBee

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  • Bush spins ethanol, lies about ANWR

    Following a speech in Missouri yesterday, President Bush engaged in an exceedingly rare question-and-answer session with employees of the company where he was speaking. Among other topics, he repeated his threadbare spin of ethanol as a viable fuel source: ''As you know, I'm a ethanol person,'' he said, explaining his belief that it can help ...
    Posted to Russ McBee (Weblog) by RussMcBee on May 3, 2008
  • $200 a barrel coming soon?

    I'm not one to automatically trust the word of any OPEC minister, but this quote from Chakib Khelil, Algeria's energy minister, bears some consideration: Opec's president on Monday warned oil prices could hit $200 a barrel and there would be little the cartel could do to help. [...] Mr Khelil blamed record oil prices on the weak dollar and ...
    Posted to Russ McBee (Weblog) by RussMcBee on April 28, 2008
  • Venezuela and Iran team up

    Well, this certainly isn't a good sign: Venezuela and Iran are forging closer oil ties in hopes of reducing their dependence on the United States, inking a $4 billion deal to develop a block of the lucrative Orinoco Reserve in Venezuela. According to Venezuelan Oil and Energy Minister Rafael Ramirez, production at the Ayacucho 7 block should ...
    Posted to Russ McBee (Weblog) by RussMcBee on July 17, 2007
  • Some cold water on nuclear

    This Bloomberg article (via Andrew Eder) goes into quite a bit of detail about TVA's current and past nuclear program. This part caught my eye (although I don't know how these estimates were derived): Investment banking consultant Gary L. Hunt, president of Global Energy Advisors in Sacramento, California, estimates the cost of building a ...
    Posted to Russ McBee (Weblog) by RussMcBee on July 9, 2007
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