Big Oils Profit and Plunder

Friday, December 21. 2007 Posted by nader.org While many impoverished American families are shivering in the winter cold for lack of money to pay the oil baron their exorbitant price for home heating oil, ex-oil man, George W. Bush sleeps in a warm White House and relishes his defeat of the Congressional attempt to get rid of $15 billion in unconscionable tax breaks given those same profit-glutted oil companies like. . . CONTINUE

Autopia’s 2007 Car of the Year: The Tesla Roadster

December 18, 2007 And Autopia’s 2007 Car of the Year is… Tesla_stock_2 The Tesla Roadster. Yes, it’s got a price tag approaching six figures. Yes, the first run is sold out. And yes, the it’s been in the pipeline for more than two years, so strictly speaking it isn’t really “new.” But this was the year the Tesla finally hit the road – the company is letting journalists test drive. . . CONTINUE

Oil prices soar as OPEC stands pat on output

Crude back near $90 a barrel after oil cartel dashes hopes for increased production, saying market fundamentals are unchanged and supply is sufficient. [Despite the fact that demand has now outpaced supply] December 5 2007 Global Oil Production Has Peaked NEW YORK (CNNMoney.com) — OPEC dashed hopes that it would step up production at its meeting Wednesday, news that sent oil prices shooting back towards the $90 a barrel mark. . . CONTINUE

Sinking islands lost to Climate Change inaction

12-05-2007 Agence France-Presse NUSA DUA, Indonesia – As the world tries to hammer out a future plan to tackle climate change, tiny islands say it is too late — their homes and histories are disappearing under the rising sea. Dressed in traditional grass and rattan skirts, the islanders used music, song and slide shows to tell their story to a tearful audience in a luxury hotel on the Indonesian island. . . CONTINUE