China Beats Big Oil to Iraqi Oil Fields

Photo: skinr, Creative Commons, Flickr While the U.S. is busy trying to govern Iraq and keep the peace, China has settled a deal with Iraq allowing it to be the first international oil company to develop a rather large discovered oil field in one of the areas of Iraq considered "new" in terms of oil…

The Mindset List

Beloit College, in Wisconsin, annually publishes a list for incoming students that identifies (and perhaps corrects) the sociological and political assumptions of 18 year-olds entering their first year of post-secondary education.

Google (GOOG) Gets Into Alternative Energy Investing

Photo: blucarbnpinwheel, Creative Commons, Flickr There are a lot of thoughts out there about alternative energy, especially now that oil prices are going up again. And one of the latest forays into alternative energy is being conducted by Google (GOOG). Google, through its charitable arm Google.org, has offered almost $11 million for research on geothermal…

Sovereign Wealth Funds to the Rescue?

The equity bears will argue that we’re seeing a classic bear market rally, but the bulls might soon have some new ammunition to push stocks higher. I must admit that I’m part of the bearish camp, but the following piece of news has forced me to reconsider my position:

The Holy Grail of Health Insurance: DENIED

The Washington Post recently published an article, later picked up by MSNBC, on the fact that health insurance companies are now targeting patient’s electronic prescription records as a quick, easy and relatively inexpensive way to evaluate a person’s insurability. Gone are the days of contacting a physician’s office or hospital business center and speaking with…

Nissan (NSANY) to Offer the Eco-Pedal

One of the big issues right now — even though oil and gas prices are dropping — is fuel efficiency. Many automakers are trying to come up with more creative ways to improve fuel efficiency in cars. In a way, this is a smart move. After all, even if oil prices do make it back…

BP (BP) Invests in Cellulosic Ethanol

BP (BP) is one of those Big Oil companies that has invested a great deal of advertising money into convincing people that it is diversifying in the name of the earth (you know, "beyond petroleum"). BP seems especially interested in biofuels. The company has been known to invest in jatropha, as well as biofuel ventures…