This week we heard General Motors tout the fuel efficiency of its electric Chevy Volt at an astonishing 230 miles per gallon. The Volt, set for a 2010 debut, is one of many alternative fuel automobiles under development. Honda this week reiterated its commitment to a hydrogen-powered car. Others will be powered by ethanol, natural gas and bio diesel.
There's a lot of excitement over these cutting-edge technologies, but alternative fuel vehicles are nothing new. In fact, they have been around for a very long time. One of the trailblazers was none other than my father-in-law Joe who tried something entirely new on a 1950 Plymouth, similar to the one pictured--converting its six-cylinder gasoline engine to run on propane!
Continue reading "Propane--The Alternative Fuel of the 1950s" »

I'm not a big fan of air
conditioning because I don't like that closed up feeling. But when
the temperature hits 85 and it's humid, I love it. It's especially
great at night when you're trying to fall asleep. But the other
night, just as a test, my husband and I decided to try something
different. What we found out is that you don't need to keep the air
conditioner running all night to sleep like a baby—at least we
don't.
We have a 6500 BTU, 390 watt
window unit in our bedroom. We also have an oscillating fan that's 48
watts when it's running on high speed and 40 watts when it's running
on medium speed. The air conditioner costs 44 cents to operate for
24 hours, and the fan costs 16 cents a day when it's running on the
highest speed.
Continue reading "Turn Off the AC, Turn On the Fan" »
Price volatility is expected in any commodity market. In fact it's how people trading those commodities make money. But lately crude oil and related products like gasoline and heating oil have had so many wild price swings that business owners and even homeowners have had a difficult time budgeting their energy costs. Here's some background for you on why these swings may be happening.
To understand the current pattern of oil prices, one has to put those prices into some historic perspective. When I was covering petrochemical markets in the early 1990s and we were in the middle of a bull market one of my colleagues insisted that crude prices would soon (in a matter of months) top $100 per barrel.
Continue reading "Why Do Crude Oil Prices Fluctuate So Much?" »
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