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June 27, 2007

Matthew Simmons on Peak Oil


Props to Prof. Goose on The Oil Drum for pointing us to great information on Peak Oil, explained by Matt Simmons, Chairman of Simmons & Co. International in Houston.

June 26, 2007

For Inquiring Minds…


The Oil Drum today, brings us Gail the Actuary, who answers questions newbies to Peak Oil might have, and explains some common misunderstandings.

She begins at the beginning with “What is Peak Oil?” , and follows it through the who, when, where, and to what degree.

Get your information here!

Filed under:Causes and Solutions,Fuel Price Trends,Price Shocks | by Pump Girl @ 4:47 pm | 

June 25, 2007

How to Save $$ on Gas Right Away


The answer is not the obvious “buy a hybrid.” For one thing they cost between $1,500-$5,800 more according to, and that premium has to be paid off before you really get into saving mode. Edmunds figures it takes 13.3 years to break even with the Lexus RX 400 h. Best hybrid to buy is also the most popular: Toyota Prius (only takes a little over a year to cover the premium).

If you want to save money right away, buy a small gas-sipper ie Toyota Yaris, Mini Cooper. Honda Civic.

Worried about the planet?

Dan Becker, director of the Sierra Club’s global warming and energy program, swears by the Prius he’s been driving since 2000. “It saves me money,” he says. “I only go to the gas station once a month.” But when it comes to fighting global warming, even Becker says you can do better in some conventional cars than you can with certain hybrids. “Consumers should not just stop at the question: ‘Is it a hybrid?’,” he says. “There are hybrids that are good and there are hybrids that are not much better than their nonhybrid twin.”

Sensible measures win again.

Filed under:Fuel Economy,Fuel Price Trends,Vehicle News | by Pump Girl @ 5:38 pm | 

June 21, 2007

Problems with FAS 133?


Many fleet managers would like to do fuel price hedging but run into an accounting problem. Either Treasury or accountants raise a question about qualifying under the FAS 133 regulations.

Gas-Lock Advisors has had excellent results in meeting the “hedge effectiveness” test required under FAS 133. Any fleet managers or CFO’s running into this problem should get in touch with us to learn how we are able to do this.

Sample reports are available. Your accountant will smile at the results. Call us at 630-548-0611 or email at

Filed under:Ask Jeff,Fleet Managers,Hedging | by OldProf @ 11:51 pm | 

June 18, 2007

GM Heads Toward “Green” Pastures


According to Jim Fraser on The Energy Blog, 500 fuel cell experts will be moved from the lab to production at GM. 400 of them to GM’s Powertrain Group, and 100 others to Global Product Development.

This realignment is yet another initiative in GM’s commitment to displace petroleum usage in the auto industry through a range of propulsion alternatives, including:

• E85-capable biofuel vehicles – GM is a leading producer with more than 2 million on the road today

• GM’s 2-mode hybrid system for large city buses

• GM’s Hybrid System in the Saturn Vue Green Line and Saturn Aura Green Line

• Coming this fall, GM’s 2-mode hybrid system in the Chevrolet Tahoe and GMC Yukon full-size SUVs, which provides a more than 25-percent improvement in fuel economy to what is already the industry’s most fuel-efficient large SUVs, with no compromises in performance or towing capability

• Due next year, a front-wheel-drive 2-mode Saturn Vue Green Line that is expected to deliver up to a 45-percent improvement in combined city and highway fuel economy compared with the current non-hybrid Vue, based on current federal test procedures

• Plans to produce a plug-in version of the 2-mode hybrid Vue Green Line that has the potential to achieve double the fuel efficiency of any current SUV

And on another related front, GM makes more vehicles that get 30 mpg highway than any other manufacturer in the US market.

Filed under:Causes and Solutions,Fuel Economy,Vehicle News | by Pump Girl @ 2:12 pm |