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Turn those blister packs into fuel with the Envion oil generator

It's no secret that we generate a phenomenal amount of garbage, especially here in the United States, and a lot of that trash consists of plastics. Plastics hit us in a number of ways. Most plastics are are produced, at least in part, from petroleum and the plastics don't decompose when put it in the ground. Now, there may finally be a solution that addresses both sides of that equation (one that doesn't consider the idea of using less plastic). Envion has created an oil generator that consumes plastics and cracks them in a vacuum to ... Read more →

Oil age celebrates 150th birthday, death urged Domenick Yoney

It has now been 150 years since Edwin Drake first successfully struck oil in Titusville, Pennsylvania and, while it certainly wasn't the first well created (the earliest known dates back to 347 AD ...

U.S. oil consumption keeps on dropping, ExxonMobil execs admit Sebastian Blanco

If you know what the acronym VMT stands for, then this story probably won't come as much of a surprise. VMT stands for vehicle-miles traveled, and Americans drove their VMT numbers way, way down last ...

Saudi oil minister: you be careful with those dangerous alternative fuels, OK? Sebastian Blanco

Saudi Arabia's oil minister, Ali Al-Naimi, is nervous. Speaking earlier this month, he said that alternative fuels should be called "supplemental" and that "These sources cannot contribute ...

Party like it's August 2007: oil falls to 14-month low Sebastian Blanco

Photo by Michael (mx5tx). Licensed under Creative Commons license 2.0. The bad news continues for fuel efficient vehicle technologies. The AP is reporting that yesterday's oil barrel price of $74.54 ...

Breaking: Oil prices rise nearly 16-percent in one day of trading 1 year ago on Autoblog Green

The price for a barrel of Crude for October delivery rose $16.37, or 15.7%, to close at $120.92 by the end of today's trading in New York. Why? There doesn't actually appear to be any one particular reason, with speculation of an improving economy due to the Bush administration's hopeful ability to ...

Drill Here! Drill Now! Pay less! 1 year ago on Autoblog Green

Photo by Natalie Maynor Licensed under Creative Commons license 2.0. It wasn't so long ago that the airwaves and blogosphere echoed with the shrill cry of "Drill here! Drill now! Pay less!" It seemed people were so desperate for the price of gasoline to stop its meteoric rise that they were willing ...

NozzleRage 1 year ago on Autoblog Green

Who's to blame for the current spike in oil prices and who exactly is benefiting? It seems everyone has an answer to these questions lately. Regardless of whether one believes that we should drill the ANWR region, end oil speculation, boost refinery capability, or pressure automakers to deliver ...

Saudi Arabia to begin pumping on Khurais oil field shortly 1 year ago on Autoblog Green

Saudi Aramco's core area in Dhahran city The world's insatiable demand for petroleum is about to cause more drilling and pumping in Saudi Arabia, as the country is set to begin setting up shop on the Khurais oil field. A ten-billion dollar investment will be made which is expected to allow the ...

GM joins California EPA campaign to reduce motor oil consumption 1 year ago on Autoblog Green

Not long ago we spoke about a campaign by the California Integrated Waste Management Board (CIWMB) that recommended to verify how often motor oil had to be changed. General Motors has joined the campaign and will support CIWMB in informing motorists that millions vehicles can be driven much longer ...

Chevron doubles $pending in $earch of new oil in Africa 1 year ago on Autoblog Green

Chevron, one of the largest oil companies in the world, will double the amount of money it spends in search of more oil. Over the next five years, Chevron will spend about $20 billion in Africa alone, which is thirty percent more than it spent in the previous five years. Peter Robertson, vice ...

$200 oil "Super Spike" within 6 months? 1 year ago on Autoblog Green

If $120+ per barrel of black gooey stuff of puts you in a bad mood, you might not want to read this. According to energy strategist Argun Murti of Goldman Sachs, "Surging demand was increasingly likely to create a 'super-spike' past $200 in six months to two years' time." Yikes! Ethel, get in the ...

OPEC: Oil prices could continue to rise 1 year ago on Autoblog Green

OPEC president Chakib Khelil believes that the already staggering price for a barrel of oil could continue to rise. Citing the low value of the U.S. dollar, Khelil says that investors are likely to continue to place their bets on oil, a necessary commodity. With current prices hovering around $120 ...

Don't forget to recycle your used motor oil 1 year ago on Autoblog Green

Oftentimes, when the subject of oil appears on the internet, a raging debate ensues regarding which brand offers the highest quality or whether or not synthetic is superior to straight dino-oil. We're not touching that one today, but we would like to remind our readers of the importance of recycling ...

Big Oil launches counteroffensive 1 year ago on Autoblog Green

With all the attention being paid to alternative fuels, it is not surprising that Big Oil should launch a PR counteroffensive. The American Petroleum Institute (API), advertising itself as "the People of America's Oil and Natural Gas Industry," is running a new TV ad, Delivering America's Energy ...

Low oil production means more profit for Exxon 1 year ago on Autoblog Green

Recently we told you about oil execs explaining to congress how $123 billion in profits should entitle them to an additional $18 billion in the form of subsidies. I realize many of you out there have a lot of sympathy for their position and have spent the intervening time hounding your ...

Melting Greenland could yield 50 billion barrels of oil 1 year ago on Autoblog Green

Sometimes you read the newspaper and all you can do is shake your head. In an article that begins with a future scenario of Greenlanders putting away their dog sleds and transforming from reindeer hunters to oil platform workers, The Age offers up an article that informs us of one of the silver ...

Oil prices fall over $4 after hitting new record highs 1 year ago on Autoblog Green

Oil hit a new record high price of $111.80 yesterday morning, but settled at $105.68 later, a drop of $4.42 for the day. While we're not yet ready to suggest that an end has come to the daily rise in oil prices, seeing the price for a barrel of crude drop, if only for a day, is probably a bit of a ...

Think gas prices are bad? Diesel prices are worse! 1 year ago on Autoblog Green

Farmington Hills, MI, 3/10/08 We worry about gasoline prices, but a recent New York Times article reminds us that it could be worse. The article talks to truckers about the increase in diesel prices and how it's impacting them. The Times talked to Ricardo Caraballo, who said that even after ...

ExxonMobil $pending ten$ of billion$ to locate more oil 1 year ago on Autoblog Green

While the amount of energy the world demands every year is tremendous, the cost of finding and purchasing that energy is just as staggering. According to this article, ExxonMobil plans to spend between $25 and $35 billion every year for the foreseeable future in search of more oil. Even as ...

It's Friday: Daily Show explains why gas prices are so high 1 year ago on Autoblog Green

On a recent episode of the Daily Show, the spike and price of a barrel of oil was explained (see videos below the fold). The comedy news show's explanation includes $15 of the $104 for a barrel of oil going towards trying to convince the public that the oil companies are not raping the environment. ...

India running low on oil, looks to Turkey (and beyond) for help 1 year ago on Autoblog Green

With India's emergence in recent years as a booming automotive market, the country needs a booming supply of oil to power all the new vehicles. Unfortunately for Indians, they don't have nearly enough domestically-produced oil, so they are forced to import their supplies from other countries. In an ...

At least one electric car dealership sees increased sales as gas prices rise 1 year ago on Autoblog Green

Are high gas prices having an impact on EV sales? Yep. Washington state news station KING5 did a report on an electric car dealership's recent sales increase. Jim Johnson of MC Electric Cars has sold more electric cars in the last month than the last three years combined. With a barrel of oil ...

White House: President Bush wasn't joking, no one told him about $4/gal gas predictions 1 year ago on Autoblog Green

Two days ago, we told you President Bush said he was unaware some analysts were predicting $4 for a gallon of gas in the U.S.. The day before Bush made those remarks, White House press secretary Dana Perino was actually asked about gas prices and she said "we're mindful of it." Yesterday, when ...

VIDEO: President Bush flip flops on oil company tax breaks, unaware of $4/gallon gas predictions 1 year ago on Autoblog Green

digg_url = 'http://digg.com/politics/EXCLUSIVE_VIDEO_President_Bush_flip_flops_on_oil_tax_breaks'; This morning in a press conference, President Bush was asked about statements he made on tax breaks for oil companies (see video below the fold). Yesterday, in support of the Energy tax bill (which ...

House passes energy tax bill, White House threatens veto 1 year ago on Autoblog Green

The House of Representatives passed the energy tax bill yesterday. The White House has threatened to veto the bill, but this one probably won't make it as far as the president's desk. Other bills similar to this energy tax bill died in the Senate but with $102 barrels of oil and $4 gallon of gas not ...

House votes Wednesday for bill with plug-in hybrid tax break 1 year ago on Autoblog Green

Late last year, the Energy Bill (and the new CAFE standard contained within) was passed and signed into law. Some things in the original Energy Bill didn't survive the Congressional process, though, like stopping tax breaks for oil companies. The House has now crafted a new "Energy Tax Package" bill ...

BREAKING: Barrel of Oil hits $100.30, gas back over $3 1 year ago on Autoblog Green

A barrel of oil just hit $100.30 high today and while it might go higher or lower for the rest of the day, it seems trading over $100 is becoming normal. Why is this important? In the U.S., the price of gasoline is over $3 a gallon again, according to the EIA. With a barrel of oil reaching new ...

BREAKING: Barrel of oil hits $100.10, closes at $100.01 1 year ago on Autoblog Green

digg_url = 'http://digg.com/world_news/BREAKING_Oil_closes_at_100_01_a_barrel'; The closing price for a barrel of oil today was $100.01 and the intra-day high was $100.10. These prices are the highest a barrel of oil has ever traded or closed. No single news event brought the price of oil to ...

Chavez backs off threat to cut oil sales to America 1 year ago on Autoblog Green

Chavez is backing off his threats to cut oil sales to America that we recently told you about. According to Bloomberg, Venezuelan President Hugo Chavez said on state television that, "We don't have plans to stop sending oil to the U.S. ... All I've said is that, if the U.S. attacks us, we'll have to ...

Greenspan: electric cars, the best solution to high gas prices 1 year ago on Autoblog Green

Former fed chair Alan Greenspan says the electric car is the best solution to high gas prices and we need to find ways to make more of them. Speaking at Cambridge Energy Research Associates (CERA)'s CERAWeek 2008, Greenspan said we must "find a way to move cars to electric" because using electric ...

BREAKING: Venezuela stops selling oil to Exxon 1 year ago on Autoblog Green

Looks like Chavez was not kidding around when he said he would stop oil shipments. Late Tuesday, according to Reuters, Venezuela stopped selling oil to the Exxon Mobil. What does this mean? It's unclear and no one is commenting, according to MSNBC. We will have more as the story develops. [Source: ...

U.S. Gov't: did we say $3.50 for a gallon of gas by Spring? Our bad, it'll actually be $2.50 1 year ago on Autoblog Green

Ah. Spring. Astronomically, it ... wait a minute. Spring, EIA forecast ...? I just wrote about this Jan. 9. As you can see here, the EIA predicted $3.50 for a gallon of gas by June, the end of Spring. Are they changing their forecasts already? YES! According to Reuters demand for gas has dropped a ...

Shell Oil sets European, U.K. annual corporate profit record: $27.6 billion 1 year ago on Autoblog Green

Royal Dutch Shell made $27.6 billion in 2007, a European and U.K. annual corporate profit record. Sound familiar? It should. Exxon Mobil was breaking records a year ago when they reported $39.5 billion profit. Everything is not great at Shell because profits for the last few months were actually a ...

The 3,000 mile oil change is a myth 1 year ago on Autoblog Green

This is what the State of California says. Or more exactly what the California Integrated Waste Management Board (CIWMB) says. The fact is that most drivers (including myself) change their oil every 3,000 miles (or 5,000 km) even though many automakers now recommend service intervals of 5,000, ...

BREAKING: Oil hits $100 a barrel 1 year ago on Autoblog Green

digg_url = 'http://digg.com/business_finance/OIL_HITS_100_A_BARREL_2'; Oil is starting 2008 with a bang: Today, for first time ever, a barrel of crude oil traded for $100. Oil has traded close to $100 for months but there is just something about breaking the $100 barrier. "This is an important ...

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