Filed under: Uncategorized | Tags: energy, gasoline, Jevon's Paradox, mustachio'd, oil exports, OPEC, peak oil, porn 'stache, taco time, tacos, thoughtful man, Tom Friedman, transportation, Verleger
That’s what oil exporters do! Yup, we’re going to frack our production up about 200% over its current level, and get more efficient of course, and, of course, “do it right,” and then we’ll start exporting crude to those suckers in Japan and Europe. But first —
But all of this depends on an understanding between the oil industry and the environmentalists. If President Obama could pull that off, it would be a huge contribution to America’s security, economy and environment.
Yeah, that’s it. If we can just come to an understanding with the environmentalists, it’s OPEC time!
Friedman is unbelievably bad sometimes. Other times, believably so.
via http://www.nytimes.com/2012/02/26/opinion/sunday/friedman-a-good-question.html
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Filed under: Uncategorized | Tags: albatross, Brent, crude oil, fuel costs, gas prices, gasoline, Jevon's Paradox, Peak Demand, Peak Everything, peak oil, vehicle miles traveled, Vmt, WTI
VMT (Vehicle Miles Traveled) up slightly in December relative to last December, but down overall for the year, and below its previous peak now for 49 months. With fuel prices on the rise it doesn’t look like it will break above that for quite some time — if ever.
But what do I know.. People are buying cars again. It’s Halftime in America and “the SUV is back.”
From the DOT: