BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Is now a good time for the U.S. to kick its oil habit?]]>http://www.bloggingstocks.com/2008/11/17/is-now-a-good-time-for-the-u-s-to-kick-its-oil-habit/http://www.bloggingstocks.com/2008/11/17/is-now-a-good-time-for-the-u-s-to-kick-its-oil-habit/http://www.bloggingstocks.com/2008/11/17/is-now-a-good-time-for-the-u-s-to-kick-its-oil-habit/#commentsFiled under: , ,

With oil prices cut in half and gasoline near (or below) $2 per gallon, is now a good time for the U.S. to end its century-long addiction to oil?

The topic was raised by none other than the 'liberal bastion' of The Wall Street Journal Monday (subscription required0 with energy analysts and policy makers weighing in.

BloggingStocks Monday asked Energy Trader Jim Dietz to evaluate some of the major recommendations discussed.
  • Four-day work week: "It's possible, but the best plan would be voluntary, allowing companies to opt in/out and adopt plans that meet their production needs," Dietz said.
  • Mandated higher MPG for vehicles: "This is almost certain to be proposed by President-elect Obama, and will likely pass the Congress. It will reduce gasoline and diesel consumption."
  • Mandated flex-fuel cars: "Another measure likely to become federal law and it would take pressure off oil consumption."
  • Tax credit for fuel-efficient vehicles: "Another oil saver, and it stands a better than 50% chance of being passed by the next Congress."
  • Federal funds for next-gen vehicle: "This will likely be included in any rescue package for General Motors, Ford, and Chrysler. A next-generation vehicle would be a game-changer, energy wise, but it's years away."

Continue reading Is now a good time for the U.S. to kick its oil habit?

Is now a good time for the U.S. to kick its oil habit? originally appeared on BloggingStocks on Mon, 17 Nov 2008 13:28:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>alternative energy sourcesCAFECongressDemocratsgas taxgasoline pricesGasTaxhybridsinthenewsObamaoil pricesRepublicanssolar powertradetrade deficitTradeDeficitwind powerMon, 17 Nov 2008 13:28:00 EST<![CDATA[Bush, Congress still seen backing revised energy bill]]>http://www.bloggingstocks.com/2007/12/04/bush-congress-still-seen-backing-revised-energy-bill/http://www.bloggingstocks.com/2007/12/04/bush-congress-still-seen-backing-revised-energy-bill/http://www.bloggingstocks.com/2007/12/04/bush-congress-still-seen-backing-revised-energy-bill/#commentsFiled under: , , , , ,

The odds of a 2007 Energy Bill passing the Democratic Party-led U.S. Congress, with President Bush's blessing, "Are still likely," according to a Washington-based, public policy lobbyist with knowledge of the matter.

"The bill will need a few revisions, but I'd say it's a 70/30 go, in favor of the bill being signed by the president," the lobbyist told Bloggingstocks Tuesday, on condition he not be identified by name.

The lobbyist, who represents primarily Democratic Party-based constituencies, said the the bill's renewable energy component and potential tax increases remain the hangups in the bill.

Modification likely

"More than likely President Bush will get the renewable energy component modified, but the Democrats may gain extra footing with better solar/wind energy credits," he said.

The bill current would require utilities to generate more power from renewable energy. Lawmakers from the Southeast U.S. have said they're concerned that utilities in their states will not be able to meet the requirement, due to a lack of wind power, The Wall Street Journal reported.

Continue reading Bush, Congress still seen backing revised energy bill

Bush, Congress still seen backing revised energy bill originally appeared on BloggingStocks on Tue, 04 Dec 2007 17:01:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2008 presidential electionbiofuelsBushCAFEcarsChryslerCongressDemocratselectricityenergy billenvironmentFFordgas taxGeneral MotorsGMinthenewslight trucksmpgnatural gasPresident Bushpresidential electionrenewable energyRepublicanssolar energySUVsU.S. Congressutilitiesvoterswind powerTue, 04 Dec 2007 17:01:00 EST