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Submitted by New Energy News Blog At a June 17 Congressional hearing about how oil prices are affected by oil market speculators, the assembled panel of experts unanimously agreed speculation is responsible for driving oil prices 50% higher than they would otherwise be.Congressman Joe Barton (R-Tex), an oil and gas industry advocate, argued high oil prices are purely the result of …

Submitted by EnergyTechStocks.com With oil prices still going up, investors are increasingly aware that there will likely be a pot of gold waiting for the companies that come to dominate the lithium-ion car battery market. That market is expected to take off in 2010 or 2011 as a raft of plug-in electric hybrid vehicles (PHEVs) are introduced by virtually all major …

Submitted by New Energy News Blog From the opening line (”What are you doing down there!?!”), ya gotta love these kids. No mellow moaning for them. “Wake up people!” “This is our world.” “And it’s time that we change it.” “On our terms.” Get on board the Big Green Bus! (From Earthkeepers via YouTube.)

Submitted by EnergyTechStocks.com U.S. utilities are cutting off more customers who have fallen behind on their bills, setting up what could be the most deadly American winter in many years. usatoday.com While utilities aren’t allowed to cut off customers during the winter because of the danger to human life, the fact is many Americans could try to get through the coming winter …

Submitted by New Energy News Blog In the event of continued inaction… And about the emergency exits: There aren’t any… Is this funny? Well, yes, but not exactly. (From Blue Man Group via YouTube.)

Submitted by New Energy News Blog As anything that significantly impacts global climate change, these highly touted carbon-neutral events are almost offensively trivial. As PR events spreading awareness of the issue to people who might never otherwise consider them and places where they might not otherwise be heard, they are of incalculable value. A certain percentage of boys who are now …

Submitted by New Energy News Blog MMA Renewable Ventures and other finance mavens have come up with a wrinkle on the Power Purchase Agreement (PPA) concept to help get consumers past the single biggest obstacle to home and business solar installations, the upfront costs and financial complexities. Normally, a Power Purchase Agreement (PPA) is between a utility and a power producer. …

Submitted by EnergyTechStocks.com German chemicals giant BASF SE is working on what the company describes as a “totally new technology” that reportedly has the potential to reduce the energy consumption of refrigerators, air conditioners and other appliances used for cooling by as much as 50%. The research, which the company says could lead to a new product being available “on an industrial scale …

Submitted by New Energy News Blog There is an ongoing debate about exactly how much the AGROfuels industries are impacting world food prices and aggravating world hunger. The AGROfuels industry associations point to inflated oil prices and the falling dollar as the main culprits.A recent authoritative report from New Energy Finance (see BIOFUELS AND FOOD, BY THE NUMBERS) says AGROfuels are not the …

Submitted by New Energy News Blog A new report from the Energy Information Administration (EIA), the Department of Energy’s statistics crunching office, predicts big increases in energy and fossil fuel consumption despite making one thing perfectly clear: The era of cheap oil is over. The report predicts 2030 oil prices will be in the $113/barrel to $186/barrel range and says that …