Home / Energy

Where’s My Thorium-Powered Car?

Written by Gary North on October 21, 2013

They promised! This was published in August 2011. A US company says it will have a nuclear-powered prototype vehicle on the road within two years. Laser Power Systems from Connecticut is developing a method of propulsion that uses thorium to produce electricity to power a car engine. Thorium is an element similar to uranium and […]

Continue reading →

Solar Power in Business Is Growing

Written by Gary North on September 18, 2013

Government-owned electricity plants are facing growing competition from the solar panel industry. Today, about 5% of firms’ electricity is generated in-house. But this is rising. Wal-mart thinks its solar-generated share will be 20% by 2020. The key is real estate: empty roofs. The company can put solar cells on its roofs. This lets the firm […]

Continue reading →

Upside-Down Economic Reporting: Higher Oil Prices Are Good.

Written by Gary North on September 5, 2013

I am always astounded at what passes for economic analysis in the media. This is a recent example. Bloomberg ran a headline: Widening Trade Deficit Signals Improving U.S. Demand: Economy. I see. A trade deficit. Americans are borrowing more from abroad — foreign lenders — to buy things. What kind of things? We read: “The […]

Continue reading →

Oil and Natural Gas Prices Continue to Fall

Written by Gary North on May 27, 2013

The decline of oil in response to falling manufacturing figures from China will continue to pressure the Consumer Price Index down. The price of natural gas has also fallen. This is good news for consumers. The CPI went negative 0.4% in April. The Median CPI, which is less volatile than the CPI, went up by […]

Continue reading →

Dead Battery: Obama’s 2011 One Million Electric Car Goal

Written by Gary North on May 2, 2013

In his State of the Union Address in 2011, President Obama called on Congress to fork over more money for electric car subsidies. “With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015.” The total […]

Continue reading →
Page 3 of 7«123456»...Last »