The Renewable Energy Blog

Well, it’s official. The energy department will officially suspend shipments into the strategic oil reserves stockpile starting July 1. Is it a political move? You bet.
The 76,000 barrels of oil a day that was being sent to the reserves is a pitiful amount of oil compared to what we use as a country on a [...]

I guess this comes as no surprise. Why should they? They’re reaping incredible financial rewards and this only stands to go ever higher. Well, hey it is capitalism at its best - or worst - depending on how you look at it. We pay what the market will bear, right?
"Saudi Arabian leaders made clear Friday [...]

Have you heard of the Enron Loophole (see end of post)? 
Up to now I hadn’t. I’ve been introduced to it by a good friend of mine, Harry Van Twistern, and the next morning I heard an ad on the radio. 
It seems that oil futures have fallen under manipulation using the guise of deregulation. Don’t get [...]