Mike's Blog – March 2009 Archive (4)

Focusing On The Present, Building For The Future

Earlier this week I participated in a conference call with Boone Pickens. A transcript of what Boone talked about in that call is available here. I think that one of the most important aspects of his comments were references to what has to be done NOW in relation to establishing a green energy economy. What we do today and how we do it is going to determine our path for a long time to… Continue

Added by mike on March 21, 2009 at 3:00pm — No Comments

Understand Fuel Reformers And How They Could Change The World

I was pleasantly surprised last week to see Exxon running a TV commercial on the fuel reformer that they have been working on since at least 2007. If you haven't seen the commercial yet you can take a moment and go to the Exxon site and view it at this link. I am writing this story because I really think that everyone… Continue

Added by mike on March 14, 2009 at 8:30pm — 1 Comment

Our Trade Imbalance With Oil Suppliers

Yesterday I put up a blog which listed the total revenue that OPEC made from oil last year. Luanne, one of my readers, raised the valid point that those numbers didn't present the whole picture because the countries that we buy oil from also buy things from us. I thought it was only fair to do a little more research and see exactly how much oil we import from countries and how much of that money we get back in the form of revenue from things that we export to them.

To find a list of… Continue

Added by mike on March 11, 2009 at 7:58pm — 1 Comment

OPEC Oil Export Revenues

Based on projections from the EIA March 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $383 billion of net oil export revenues in 2009 and $503 billion in 2010. Last year, OPEC earned $970 billion in net oil export revenues, a 42 percent increase from 2007. Saudi Arabia earned the largest share of these earnings, $287 billion, representing 30 percent of total OPEC revenues. On a per-capita basis, OPEC net oil export… Continue

Added by mike on March 10, 2009 at 2:46pm — 5 Comments