Alltop, all the top stories
February 27, 2009

Best New Car Value… Toyota Prius

 

The results are in, and Consumer Reports has selected the Toyota Prius Touring edition as its best new car value.

Factors considered: fuel cost, maintanence & repair costs, insurance, depreciation and financing rates.

Filed under:Fumes,Vehicle News | by Pump Girl @ 7:27 pm | 

Oil Demand Down

 

By a lot!! Oil demand for December was down 794,000 barrels/day than estimated. Down 1.52 million barrels/day than a year earlier.

Seems like it could be a good news – bad news kinds of thing.

Filed under:Fuel Budget,Fuel Price Trends | by Pump Girl @ 7:19 pm | 

February 25, 2009

It Begins With Energy…

 

Said President Obama in his speech last night to the joint session of Congress, and to all of you watching and listening. He is serious about it.

redgreenandblue.org has a nice analysis of the energy portion of the speech.

We all have to get going on the future now! So clean coal didn’t fit in all that well with wind, solar & biofuel, the rest of it was magnificent.

Filed under:Alternative Energy,Fuel Price Trends,Gas price,Presidential Election | by Pump Girl @ 8:50 pm | 

February 21, 2009

Chu Talks About Oil

 

Energy Sec. Steven Chu wasn’t born yesterday. Alternative energy is his pet, but he has a clear view of the future of oil. Global demand for it will increase, even with more efficiency and alternative fuels. Prices will go higher.

Chu, during an hourlong meeting with reporters Thursday, discussed the futility of predicting oil prices in the short run, the need for a national electricity transmission system, and the urgency of getting the billions of economic stimulus dollars to the nation

But, on the other hand, he is all for oil price stability. OPEC, are you listening?

“After we get out of the deep recession the world is in now I see higher demand” for oil, said Chu, although he hoped the push to alternative fuels and greater efficiency “can help the U.S. greatly decrease that demand.”

Chu will get the $$$ under his control to good places. Let’s get that electrical grid working.

Filed under:Alternative Energy,Energy,Fuel cost,Fuel Price Trends,Gas price | by Pump Girl @ 12:13 pm | 

February 19, 2009

Are Oil Companies Really To Blame?

 

Here’s a new take on where high gas prices are coming from. In 1950 gas was 30 cents/gal including 1.5% taxes. Even adjusting for inflation, you can’t get close to predicting the price of gas now from this information.

Taxes now account for approx. 20% of the price of gasoline. (We live in a Chicago burb & we believe ours are some of the highest taxes in the country.)

So, while oil companies with their sky-high profits last year should share some of the blame, our taxes do count, too!

Filed under:Fuel cost,Fuel Price Trends,Gas price | by Pump Girl @ 8:16 pm |