Benefits by the barrel

(PhysOrg.com) -- Countries rich in oil have long been associated with the "resource-curse paradox" - a principle which states they will suffer, rather than benefit, in the long run. Not so, new research by a Cambridge Gates ...

Oil prices affect inflation in Spain more than in the euro zone

Economists from the Bank of Spain's Research Department have published a study on the direct, indirect and 'second time around' effects of oil prices on the economies of Spain and those of the European Monetary Union (EMU). ...

$100 a barrel oil: Bad for Wall Street, good for green cars

Is there a huge difference between $100-a-barrel oil and $98 oil? Obviously not much, but it's a psychological barrier. So when West Texas crude oil prices dipped below the magic $100 mark on a recent morning, Wall Street ...

End to cheap coal closer than we thought?

(PhysOrg.com) -- A report entitled "The End of Cheap Coal," published in the journal Nature by Richard Heinberg and David Fridley, suggests we may reach peak coal in the next two decades.

Algae biodiesel production has to be three times cheaper

The cost of producing biodiesel from algae is now three and a half times more than producing it from oil, and twice as much as producing fuel from rapeseed. Investments in biotechnology would however make it feasible for ...

Algae may be secret weapon in climate change war

Driven by fluctuations in oil prices, and seduced by the prospect of easing climate change, experts are ramping up efforts to squeeze fuel out of a promising new organism: pond scum.

Toyota rolls out new Prius to fend off rivals

Toyota Motor on Monday rolled out a cheaper, revamped Prius, seeking to boost its flagging sales and maintain its lead in fuel-sipping hybrids in the face of growing competition from rival Honda.

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