FuelMonger

www.cnnmoney.com
Over the course of the past several months, the Federal Reserve has cut rates by three percentage points. This has been one of the contributing factors to oil’s skyrocketing prices. Experts think that if the Federal Reserve signals that it is done cutting rates, then the cost of oil may start to decline.

If you are looking for a new cell phone, consider buying a refurbished one. They can be up to 75 percent cheaper than the same model brand new, they often come with limited warranties, and best of all you will be keeping a cell phone and all the environmental hazards that it is made up of out of a landfill.

www.nytimes.com
Floyd S. Butterfield, a California entrepreneur, has made a kit that will allow people to make ethanol in their backyards. After two decades of trial and error, he has finally made a model that he thinks he can profitably sell.

www.nytimes.com
General Motors is more frequently known for its large, gas guzzling SUVs and pick-up trucks. However, in an effort to pull in new customers, in 2008 G.M. has introduced hybrid versions of two of its big SUVs, the Tahoe and the Yukon.

www.msnbc.com
As oil prices soar, many Americans are looking to trade in their gas guzzling SUVs for a more fuel efficient car. MSN has compiled a list of the top five most fuel efficient cars on the market.

Many of us Americans find it too easy to take the elevator wherever we go. See if you can find just one place in your life where you can take the stairs instead of taking the elevator. Not only will you be helping the environment, you will be improving your health.

Reuters
Gas prices hit record high with a U.S. average at $3.51 per gallon. Global prices per barrel rose to hit a new record high as well, reaching $117.83 on the New York Mercantile Exchange.

www.washingtonpost.com
Swaminathan Aiyar, the popular columnist in India’s most popular financial daily, The Economic Times, discusses second and third order effects of the biofuel push and non-support of genetically engineered crops.

www.nytimes.com
While recycling is meant to make the earth better for humans and the environment, some recycling can actually cause harm. Electronics recycling, which is commonly shipped overseas, mainly to China, can be extremely poisonous if not done correctly.

www.latimes.com
Lobbyists from the Sierra Club, the Natural Resources Defense Council, Environmental Defense Fund and Environmental Integrity Project submit legal action to cease any expansion of the coal industry. The litigation mirrors similar litigation concerns of nuclear power ten years ago. However, coal power emits more carbon dioxide into the environmental than any other energy source, including natural gas.