With shale oil and other extreme oil sources, many think peak oil is dead, or at least is not threatening our economies. But this couldn’t be more wrong. The historic average oil prices are of $25. Current prices are above $110 a barrel. Five years ago, they were less than half of that. As the… Continue reading Is Peak Oil real ? Yes, and it is here
Tag: Internal combustion engine
Throwing money out of the window
In this economy, I am sure you are careful about how you spend your money and really think about how you will make ends meet this month or the next as the economy might head toward another recession as oil prices go up. However, each time you are putting 50 euros in your gas tank,… Continue reading Throwing money out of the window
Cars waste 85 percent of the energy used
This is not news as we have seen it in Sustainable energy – without the hot air but some facts need reminders. The internal combustion engine – like incandescent light bulbs – is extremely inefficient. To GOOD : If you had to invent an efficient way to move (…), you could hardly do worse than… Continue reading Cars waste 85 percent of the energy used