Obama Announces Offshore Oil Drilling Expansion

Obama Announces Offshore Oil Drilling Expansion

Announcing the first expansion of offshore oil and gas development in more than two decades, President Obama on Wednesday said that the administration will allow offshore drilling in regions of Alaska, the eastern Gulf of Mexico and 50 miles off Virginia’s coast.

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Obama Announces Offshore Oil Drilling Expansion originally appeared on DailyFinance on Wed, 31 Mar 2010 14:34:00.

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Obama Announces Offshore Oil Drilling Expansion

GlaxoSmithKline, Sanofi-Aventis: Rx for When Drug Patents Expire

drugmakers

GSK has made a new alliance to support its new strategy of targeting rare, serious diseases, while Sanofi-Aventis is revamping its plants for a fresh focus. Both are facing a revenue falloff when their drugs go off patent.

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GlaxoSmithKline, Sanofi-Aventis: Rx for When Drug Patents Expire originally appeared on DailyFinance on Wed, 31 Mar 2010 13:40:00.

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GlaxoSmithKline, Sanofi-Aventis: Rx for When Drug Patents Expire

The coming natural gas boom is not all it’s ‘fracced’ up to be

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the-coming-natural-gas-boom-is-not-all-its-fracced-up-to-bePlease pardon my poor punning, and let me explain: “Fraccing” (rhymes with “cracking”) is the oil and natural gas industry’s an informal contraction for the technology called hydraulic fracturing, in which water (and in some cases, a chemical mixture) is pumped deep underground to fracture shale and rock and thus free up trapped oil and gas deposits.

The financial media has been buzzing with stories proclaiming a new era for America’s natural gas industry as new fraccing technology has enabled the tapping of vast dispersed fields in the Eastern U.S. and the “oil patch” states of Oklahoma and Texas. These advances have caused analysts to raise their estimates of America’s natural gas reserves to an astounding 1.8 trillion cubic feet, the equivalent of about 320 billion barrels of oil — far more than Saudi Arabia’s proven reserves of around 260 billion barrels of oil.

Continue reading The coming natural gas boom is not all it’s ‘fracced’ up to be

The coming natural gas boom is not all it’s ‘fracced’ up to be originally appeared on DailyFinance on Sun, 08 Nov 2009 15:30:00 EST. Please see our terms for use of feeds.

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The coming natural gas boom is not all it’s ‘fracced’ up to be

New York Drivers Reach for the Tape

Millions of state-issued vehicle registration and inspection stickers are coming unglued from windshields.




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New York Drivers Reach for the Tape

Wheels: Among Celebrity Cars, a Custom Cadillac Stands Out

At the second annual Barrett-Jackson collector car auction in Las Vegas, a 1947 Cadillac was brought back from the dead.




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Wheels: Among Celebrity Cars, a Custom Cadillac Stands Out

Wheels: Vintage Cars, Parts and Oddities at the Hershey Fall Meet

Over four days at the the Antique Automobile Club of America’s Eastern Division National Fall Meet, hundreds of antique cars were on display or up for sale.




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Wheels: Vintage Cars, Parts and Oddities at the Hershey Fall Meet

Wheels: Discord Over Regulation of Electric Car Charging

The California Public Utilities Commission is charged with sorting out how to regulate a fledgling electric car charging industry.




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Wheels: Discord Over Regulation of Electric Car Charging

Live Webcast: General Motors product and technology update at 8AM Eastern

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Follow the jump to watch Fritz Henderson’s GM product and tech update at 8AM Eastern

General Motors CEO Fritz Henderson will make a presentation this morning at 8:00 AM EDT from the GM Tech Center in Warren MI. One month after exiting bankruptcy, Henderson will update the media on GM’s progress so far, as well as make some product announcements, which were previewed yesteday during a similar presentation to social media users as part of a deftly-executed viral campaign. Among the announcements expected today is Chevy Volt-related news that formally explains the cryptic “230″ hint discussed last week. Bloomberg reports this morning that the number represents the Volt’s EPA city fuel economy rating– as in 230 mpg. We’ll be on hand in Warren for the briefing, and you can watch the announcement live yourselves via webcast at 8AM Eastern after the jump.

[Source: General Motors]

Continue reading Live Webcast: General Motors product and technology update at 8AM Eastern

Live Webcast: General Motors product and technology update at 8AM Eastern originally appeared on Autoblog on Tue, 11 Aug 2009 07:22:00 EST. Please see our terms for use of feeds.

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AutoblogGreen for 08.11.09

Perhaps now they’ll listen: Pentagon adds climate change to national security debates
Things must be getting serious. Military minds, at least, think so.
REPORT: Volvo working on electric C30, will show concept in Frankfurt
The Frankfurt Motor Show line-up just keeps getting more and more interesting.

POLL: Should GM’s upcoming Buick PHEV have a V6 engine?
Is the V6 really the right choice here?
Other news:

AutoblogGreen for 08.11.09 originally appeared on Autoblog on Tue, 11 Aug 2009 06:03:00 EST. Please see our terms for use of feeds.

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Driving Out of Germany, to Pollute Another Day

Germany’s “cash-for-clunkers” program is being undermined as cars that were supposed to have been junked are finding their way to markets in Africa and Eastern Europe.



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Driving Out of Germany, to Pollute Another Day