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Welcome to Our Oil Dependency,
Each day, the United States is responsible
for 25% of the world’s oil consumption,
despite holding only 5% of the world’s
population. With the emergence of other industrial
nations such as China and India, the oil extraction
rate is reaching nearly 1,000 barrels per second.
The unprecedented rate at which this natural
resource is being used has lead many of our
prominent energy analysts to suggest that global
oil production may be reaching a peak. Although
some believe that America’s energy future
can be sustained by oil shale/sand, ANWR or
new continental shelf discoveries, there is
an increasing consensus in the scientific community
that these sources would be incredibly difficult
to exploit and would require decades of lead
time. It should also be remembered that some
analysts fail to consider probable extraction
rates in their calculations, relying only upon
known recoverable reserves.
One needs only to look at the headlines to
know that the issue of sustainable future energy
is an issue of importance to all of us. Although
we may face skyrocketing energy costs and dwindling
oil prospects, we are fortunate to possess a
limitless supply of ideas for the future of
energy, and the future of America. Our site
was developed in an effort to bring these ideas
together, to learn about them, to discuss them,
and to expand upon them.
Sincerely,
The Oil Dependency Team
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An offshore oil rig exploded Thursday in the Gulf
of Mexico, injuring at least one worker, the U.S.
Coast Guard said.
All 13 people on board the Vermilion Oil Rig 380
have been accounted for, and the one who was injured
is being transported to a hospital, Coast Guard Petty
Officer Bill Colclough said.
(read
more)
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At long last, Nissan begins taking actual orders
today for the first next-generation fully electric
car from a major automaker, the Leaf.
More than 18,000 people who plunked down $99 to stay
on the reservations list will have first crack at
turning their interest into an actual order for the
all-electric, five-seat car. Orders will be taken
online and Nissan is still taking reservations on
Leaf's web site. Even though now you can actually
pay for one, deliveries won't start until December.
(read
more)
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Idaho Governor C.L. "Butch" Otter, executives
of GE, and its partners recently came together to
celebrate the start of construction of the state's
largest wind power project. The wind power project
stretches across 8 miles from the Oregon Trail westward
across the continent.
Project investors GE Energy Financial Services, Reunion
Power, Exergy Development Group and Atlantic Power
Corp. signed a turbine blade in Bliss ushering in
a wave of new jobs and economic development that the
project will bring to the area.
(read
more)
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WASHINGTON, DC, August 24, 2010 (ENS) - The United
States is now on track to slash the cost of electric
vehicle batteries, halve the cost of solar power,
double renewable energy manufacturing, and produce
inexpensive personal genome maps, according to a new
report on the results of the Obama administration's
economic stimulus released today by Vice President
Joe Biden.
Introducing the report from the Congressional Budget
Office on the employment and economic impact of the
2009 American Recovery and Reinvestment Act in Washington,
Biden said today the $100 billion investment in innovation
funded by the Act and the goals set by the administration
have changed the American economy by inspiring new
technologies and launching new industries.
(read
more)
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Matt Simmons, the maverick investment banker who
championed the concept of peak oil, died of a heart
attack in a hot tub in Maine. He was 67.
Simmons is best known for raising the alarm, in books,
in lectures, television interviews and to anyone who
would listen, that the world’s oil reserves
had peaked.
(read
more)
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There is much promise in the evolving world of battery
technologies for many of the devices that we use every
day. Better battery tech means notebooks that can
operate longer per charge, cell phones we can talk
on for longer, and electric cars that can travel longer
distances. With all of the aspects of technology that
the battery touches, a breakthrough here can have
very far reaching effects.
Yet-Ming Chiang, a researcher and founder of A123
Systems, has developed a new battery design that he
claims could make electric vehicles much cheaper.
Chiang has started a new company to commercialize
the battery technology called 24M. The researcher
says that the new battery he has designed could cut
costs of the battery packs for electric vehicles,
such as the Chevrolet Volt, by as much as 85%.
(read
more)
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A Kleiner Perkins-backed startup is supplying the
gear for the largest solar farm in the world that
will use concentrating photovoltaics — a hybrid
tech that uses solar cells and solar thermal tech.
Utility Public Service Co., part of Xcel Energy, has
agreed to buy power from a 30-megawatt (AC) project
being developed by Cogentrix Energy and using CPV
gear from Amonix.
When it comes to the basket of solar energy technologies
to pick from, utilities have largely favored solar
panels and large concentrating solar thermal systems
that use mirrors and lenses to concentrate the sun’s
rays and capture the heat. But concentrating photovoltaics
(CPV) — a hybrid of the two? Not so much.
(read
more))
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A majority of the wind farms in the United States
use 2.5 megawatt wind turbines, and recent technology
has introduced even larger turbines at 5 megawatts.
Europe, on the other hand, is racing ahead of the
game with the largest wind turbine yet - 10 megawatts.
And it may be changing the way wind turbines are designed
altogether.
Europe has seen a lot of advantages to building larger
wind turbines, such as avoiding environmental issues
by using larger turbines in deeper waters. There is
less of a risk of encountering environmental problems
the further offshore the turbines are located. Europe
seems to build larger turbines as the water grows
deeper, as well.
(read
more)
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On the steps of the San Diego County Administration
Center, ECOtality, Inc. /quotes/comstock/15*!ecty/quotes/nls/ecty
(ECTY 4.07, -0.15, -3.56%) , a leader in clean electric
transportation and storage technologies, will reveal
today the first potential locations of electric vehicle
(EV) charging stations in the San Diego region. The
announcement is a significant milestone in the company's
work with the U.S. Department of Energy and The EV
Project, the world's largest rollout of electric vehicle
infrastructure.
(read
more)
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