Word: petroleum
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...Solartaxi idea was born when Palmer first heard of global warming and the petroleum crisis as a 14-year-old. He dreamt of finding a way to travel and “enjoy the beauty of the world without polluting...
...point. The issue is an electoral winner for Republicans. Between March and June, around the time when gas settled above $4 per gallon, the American electorate shifted from its long-standing 50-50 split between those who want more energy conservation and those who want more petroleum extraction. A Gallup poll in May found the split at 57%-41% in favor of offshore and wilderness drilling. A mid-June Pew poll found a 12-point swing since February in favor of expanded exploration and extraction, and a 60%-34% gap in favor of prioritizing developing energy sources over protecting...
...least one built-in advantage: The electrical grid already exists. Other auto alternatives, like hydrogen fuel cells, would require the development of an expensive new infrastructure to deliver the gas to fueling stations around the country. But to make plug-ins a truly viable alternative - one that could kill petroleum - we will need to make changes to the way we supply and use electricity, both small and large. "Electricity is everywhere and it is extremely low cost," says Mark Duvall, program manager for electric transport at the Electric Power Research Institute. "But we have to take into account the ways...
...Timmons is the chairman emeritus of Timmons and Company, a small but influential lobbying firm he founded in 1975 shortly after leaving the White House. According to Senate records, he registered to lobby in 2008 for a wide range of companies and trade groups, including the American Petroleum Institute, the American Medical Association, Chrysler, Freddie Mac, Visa USA and Anheuser-Busch...
...sector and imposed taxes on companies before the start of production, which effectively increased the financial risk of searching for new fields. In 1998, oil companies drilled 145 exploratory wells in Indonesia; in 2007, as oil prices soared, only 39 were sunk, according to the Center for Petroleum and Energy Economics Studies in Jakarta. Once a major oil exporter and East Asia's sole member of the Organization of Petroleum Exporting Countries (OPEC), today Indonesia can no longer meet domestic demand without imports; Jakarta this month suspended its membership in OPEC...