Focus: Thirty years to the oil embargo
Thirty years later oil is still a big gun
Thirty years ago, on October 17, in an attempt to influence U.S. Middle East policy, the OPEC cartel, spearheaded by Saudi Arabia, decided to cut oil supply to the U.S.
Can it happen again, and what can we do about it?
The United States should decrease its use of Middle Eastern oil and develop alternate fuel methods or risk even greater reliance on the Arab world, warns one energy expert.
The Oil Embargo 30 Years Later: Are We Prepared?
Former Director of the Central Intelligence Agency and former Secretary of Energy and Defense Hon. James R. Schlesinger, executive director of the Institute for the Analysis of Global Security Dr. Gal Luft, and Heritage Foundation research fellow James A. Phillips discuss energy security thirty years after the oil embargo. Panel hosted at the Heritage Foundation by Dr. Ariel Cohen. Watch the event.
Thirty Years Since the Oil Embargo: Can America Become Energy Independent?
The Foundation for the Defense of Democracies (FDD) and the Institute for the Analysis of Global Security (IAGS) co-sponsored an October 30 conference on energy security. R. James Woolsey, former Director of the CIA, delivered the keynote address and Rep. Eliot L. Engel (D-NY), member of the House Committee on Energy and Commerce, and the House Committee on International Relations, gave concluding remarks. Milton Copulous, president of the National Defense Council Foundation announced a new report on the real cost of imported oil, noting that if reflected at the pump, the “hidden costs” of oil would raise the price of a gallon of gasoline to over $5.28. Cliff May, president of FDD, chaired the first panel, on strategic implications of U.S. oil dependency. Dr. Allan Hoffman, Former Deputy Assistant Secretary for Utility Technologies in The Office of Energy Efficiency and Renewable Energy, U.S. Department of Energy, chaired the second panel on avenues to energy independence. For a brief summary of the event click here.
Oil and Politics Thirty Years after the Arab Oil Embargo
Summary of remarks by Edward Morse, executive advisor at Hess Energy Trading Co. (HETCO,) and Gal Luft to The Washington Institute's Special Policy Forum.
In this hemisphere
Unrest in Bolivia over gas deal
Riots over a proposed $5 billion project to export natural gas to the U.S. forced Bolivia's president to step down.
On the technology front
Genesis Fueltech reports successful long term test of methanol reformer
Phillip Piffer, president of Genesis Fueltech, reports on testing of the company’s newest methanol to hydrogen fuel processor.
Caterpillar and FuelCell Energy Announce Largest Fuel Cell Power Plant Installation in Illinois
The fuel cell power plant, which can supply electricity to more than 250 average American homes, will be connected to the Peoria area electricity grid.
Plug-in hybrid electric HUMVEE for the U.S. military
International Truck and Engine Corporation has a cooperative agreement with Vision Technologies Systems, Inc, to design and market a repowered solution for the high mobility multipurpose wheeled vehicle (HMMWV and pronounced HUMVEE®) which includes an International 4.5-liter V-6 engine and a hybrid electric drive with plug-in power.
Hydrogen fuel cell powered special operations vehicles for the Army
Quantum Fuel System Technologies Worldwide, Inc., has been awarded a contract by the U.S. Army to develop and demonstrate a high performance, hydrogen fuel cell powered light-duty, special operations vehicle. Fuel comprises 70 percent of the supplies transported by the Armed Services to support battlefield operations, so this project has the potential to illustrate a pathway to address logistic issues.