Fluorescent Efficiency From The Energy Superstore

Gas Prices

Gas prices have recently dropped with our slowing economy. At roughly $1.70 a gallon, it has been a minor relief for our pocket books. Yet OPEC recently cut production, which will cause prices to rise in the near term.

OPEC’s price targets will matter less as production itself becomes challenged, no matter how much they want to produce.

Yields Are Still Declining

The world’s mature oil fields that produce most of the world’s oil face production declines, with the prime fields showing a declining yield. Although oil exploration has been a priority, new infrastructure will be a long time coming before it can reach more recent finds like the Tupi field off Brazil’s coast.

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Biofuel

Today’s world is plagued by hunger and war, and despite all technological advancement, these are two things that humanity has been unable to eradicate since ancient times.

With global warming, the earth’s climate has changed drastically, influencing the seasons and thus crop growth around the globe. While global warming is contributing on one end to the ever-increasing food prices, another major contributor to this issue is oil.

OIL vs FOOD

The fossil fuels are undergoing fast depletion with excessive usage, and as the stock runs out, the prices increase steadily. But how does rising fuel cost affect food, you may ask.

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Winter 2008

As winter approaches here in the US, many people are breathing a major sigh of relief. Just three short months ago, the price of crude oil was at historic highs.

Americans first felt the impact of high oil prices to their wallets in the price of gasoline. As the price of gas rose, people began to drive fewer miles in order to budget appropriately.

Looming in the distance, however, is the winter season.

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Palm Tree

Palm oil is currently the most commonly produced vegetable oil in the world. For many rural poor countries, particularly in Southeast Asia, income received from the production of palm oil is the sole source of income.

Palm oil is extremely versatile. While it is extremely high in saturated fats, it is almost solid at room temperature. However when heated, palm oil turns into a liquid. It is used for a variety of purposes, from producing margarine, to a source of alternative energy.

Palm Oil As Biodeisel

Palm oil is used as a fuel in biodiesel internal combustion engines. It is being researched as an alternative to crude oil for its benefits in reducing greenhouse gases and depleting the ozone layer. It is also a renewable source of energy, which means we can always get more; whereas energy sources such as crude oil are finite in their resources.

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US Oil

The election of 2008 is an important one, and with the state of our country’s troubled economy everyone needs to make an educated choice. Don’t trust the television ads: they are ALL biased.

That being said, most Internet articles will be biased, and this one is a little too. I will do my best to talk about the candidates, their plans for the energy crisis, and their views on the future of US oil dependence.

As we all know, our country is in a recession. With the recent drop in the stock market and the rising price of oil, the future is not looking too bright. As much as we may deny it, we all know the cause of our current economic state is partially due to oil.

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