FuelMonger

www.cnn.com
The Lieberman-Warner bill should head to the Senate floor this upcoming week. The bill, originally supported by the U.S. Climate Action Partnership, is not expected to pass. Top Fortune 500 energy companies, many of which are part of the U.S. CAP, are suspect at best, noting significant cost increases in electricity if the bill is passed.

www.foxnews.com
A man named Ulrik Paulson claims that he has found a way to convert regular cars into hybrids without completely replacing the engine. The system that he has devised costs around $3500 and won’t damage the car.

www.latimes.com
The high gas prices that are pinching the budgest of many American households may be just the thing to finally push the government to take radical steps to help ease the long commutes that plague many Americans.

www.nytimes.com
Some Exxon Mobil shareholders are pushing the company to take the threat of global warming more seriously. The Rockefeller family is now joining these shareholders in calling for the company to adopt various green measures.

www.cnn.com
Americans are curtailing their driving at an historic rate in response to record prices at the pump. The Memorial Day weekend decrease was the largest ever recorded.

Turn off your engine if you expect to sit for more than 30 seconds. Idling your car for ten minutes can burn an eighth of a gallon of gas.

www.bbc.co.uk
The UK continues consideration of the personal carbon credit program in which citizens can buy and sell additional credits if they don’t use their ration. The program would require every citizen to make conscientious decisions in energy use. Critics argue that the program is ahead of its time and foresee issues with setting the carbon emission limits and financing the program.

www.msn.com
The prices of gas and crude oil have sky rocketed recently, reaching higher prices than those seen during the 1978-1983 oil shock. If gas prices continue to climb, the effects on the average American’s life would be huge.

www.forbes.com
Commentary. A major venture capitalist in biofuels and co-founder of Sun Microsystems, Vinad Khosla, was quoted in a San Fransisco Chronicle interview as saying the relation between ethanol and the food crisis has been blown out of proportion. The Wall Street Journal allegedly took the comment out of context in an editorial last week. According to Forbes and President Bush in a news conference last week, ethanol is only responsible for 15% of the food crisis. Rising fuel costs and altered weather account for the other 85%.

www.cnn.com
As the cost of diesel soars, many people are beginning to brew their own biodiesel. This has caused used french fry grease to become a hot commodity.