Alternative Energy Today

Since June 18th, we have been saying that the development of alternative energy sources and becoming not only energy independent but also becoming an oil exporting nation is a matter of national security.  On that day, we predicted that oil would be at $20 a barrel by 2020.
If there was ever any doubt in your [...]

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While Democratic Presidential candidate Barack Obama continues to loudly beat the alternative energy drum, which we appreciate and acknowledge, by staunchly opposing nuclear energy and resisting discussions regarding expanded offshore drilling, his judgment is, once again, is proving to be as flawed as it is shallow.  Both nuclear and offshore drilling are essential components in [...]

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Recent reports that Saudi Arabia is actively considering ways to diversify their economy to be less dependent on oil for revenues suggests that the leader of the OPEC cartel have realized that the civilized world has tired of being dependent on these oppressive, uncaring tyrants and basically valueless residents of the planet and have redoubled [...]

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Russia’s attack on Georgia has highlighted, more than any other recent event, that oil independence is critical to America’s national security.  If ever there was a reason for Americans to support alternative energy and to add or increase the number of alternative energy stocks in their portfolio, this would be it.
While America has been focused [...]

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While Democrats, led by Nancy Pelosi and Harry Reid and with the tacit approval of Barack Obama, are blocking attempts to bring an energy bill to a vote that would allow US companies to drill on the outer continental shelf, where China and others are already beginning to tap the vast reserves available to us, [...]

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House Speaker Nancy Pelosi (D-Ca) and Senate Majority Leader Harry Reid (D-Nev), with tacit approval of Barack Obama are continuing to quash attempts by Republicans to bring legislation to a vote that would allow the US to join China off our shores by opening the Outer Continental Shelf to exploration by US companies. This [...]

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Oil prices fell again today at reports of increasing supplies contradicted industry expectations. Oil hit $132.10 near the open before struggling back up to $134.44.
The Energy Information Administration reported U.S. crude oil supplies jumped by 3 million barrels last week. That’s a 6 million barrel swing from the 3 million barrel decline predicted [...]

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Answering some questions as to who might be partially responsible for the skyrocketing oil prices and, in case someone hasn’t figured it out yet, revealing on whose side the OPEC countries stand, Abdalla Salem El-Badri, OPEC’s secretary general has declared that, despite the fact that Iran produces less than 5% of OPEC’s 87 million [...]

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T. Boon Pickens is a geologist by trade, made his billions in oil and has been a lifelong promoter of both T Boon Pickens and his latest project.  Today a national TV campaign kicked off his plan to help rid America of its dependence on foreign oil.  Simply called “The Plan” and featured [...]

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While conventional science has believed since the mid 1700’s that oil is the byproduct of dead dinosaurs, ferns and trees being processed underground for millions of years and is therefore being depleted on a daily basis, a contradictory theory by Dr. Thomas Gold, the founder, and for over 20 years, the director of the Cornell [...]

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