Latest Vegetable oil economy Stories

2008-06-21 15:00:27

Everybody wants someone to blame when gasoline goes above $4 a gallon. The most obvious villain is oil companies, which are enjoying record profits as the cost of filling the tank soars (though is still very cheap by European standards), along with the cost of heating oil, food, plastic goods and everything else that's transported. That's why some politicians -- including, regrettably, Democratic presidential hopeful Barack Obama -- are opportunistically pushing a windfall-profits tax they...

2008-06-18 15:00:39

By TIM DEVANEY; OF THE NEWS STAFF BREWER - Union members lamented the skyrocketing price of gasoline and oil on Tuesday and called for national policy changes and an investment in alternative energy sources to reverse the trend. High gasoline prices "are choking off the American dream for a lot of people," Dan Lawson, vice president of the United Steel Workers Local 261 in Bucksport, said at a press conference held by the Eastern Maine Labor Council. "People can't afford to go to work. It...

2008-06-18 12:00:50

W2 Energy Inc. (PINKSHEETS: WTWO) (FRANKFURT: WJD), a waste-to-energy and renewable energy company, is pleased to announce its entry into the biodiesel market. W2 Energy builds waste-to-energy plants which convert municipal solid waste, tires, agricultural waste, human waste and coal into electricity and syndiesel. "We can take our syndiesel, mix it with biodiesel, and make high quality diesel with excellent lubricity and temperature specifications," says Mike McLaren, CEO of W2 Energy....

2008-05-16 09:00:00

If you oppose drilling in the Arctic Refuge, if you think Washington has stood idly by for the past five years as the price of oil quadrupled, if you think America is hooked on oil, if you offer substitutes without endorsing oil development almost everywhere -- you must be radical, "anti-oil," an industry-hater, an environmentalist against capitalism. (No matter that environmentalists have supported an Alaska natural gas pipeline for years while industry and government dithered.) President...

2006-03-14 11:10:22

BERLIN (Reuters) - The German government is planning a tax of 10 euro cents ($0.12) per liter on biodiesel fuel and a 15 cent tax per liter on biodiesel used for blending with conventional fuels, according to a copy of a draft law obtained by Reuters. The proposed tax would be over and above a value added tax on biodiesel -- already more expensive to produce than conventional fuel -- and could make the green alternative fuel uneconomical, its supporters say. Surging oil prices...

Word of the Day
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.