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Much Ado About $100 Oil
Tweet Share on Facebook January 4, 2008 CommentIf you write about energy, apparently nothing can fill up your E-mail inbox like oil briefly hitting the $100-per-barrel mark for the first time. Here is a sampling of the reactions to the crude oil price run-up that I've been urged to note:
Sen. Richard Lugar, an Indiana Republican, speaking at the Lugar Center for Renewable Energy at Indiana University-Purdue University-Indianapolis: "As oil prices have hit $100 per barrel, the income of oil exporting nations is soaring.... Energy is the most vital topic of this presidential election.... Energy is the issue with the widest gulf between what is required to make our nation secure and what is likely to be achieved through the inertia of existing programs and congressional proposals."
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The Top Energy Stories to Watch in 2008
Tweet Share on Facebook January 2, 2008 Comment (27)Say goodbye to the year that brought a 65 percent run-up in the price of a barrel of oil and a Nobel Peace Prize to punctuate the message of the heralds of climate disaster. It was a year that moved Washington to enact the first increase in automobile fuel economy standards in 32 years and prompted the company blamed for killing the electric car, General Motors, to pledge to bring a breakthrough battery-powered vehicle to market. And 2007 brought new hope for big-scale energy from the sun, wind, and ocean waves, even while Asian economic growth drove coal power to greater dominance over the globe.
This year, however, is shaping up to be an even more momentous time for the struggle over fossil fuel. Here are some top energy stories to watch in 2008.
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