article thumbnail

Used Car of the Day: 2006 Noble M400

The Truth About Cars

Today we're going exotic with this 2006 Noble M400. Yes, if you have to ask, it's expensive -- the asking price here is $75,000. It's got a track oil pan and MagnaFlow exhaust without cats. The crankshaft is lightened and balanced, and there are all sorts of performance parts/mods here.

2006 75
article thumbnail

Used Car of the Day: 2006 Porsche Cayman S

The Truth About Cars

Regardless of quality/price/mileage. So, too, is today's pick -- a 2006 Porsche Cayman S. Part of that is the $29,000 price tag -- I think I'd buy a new car first. The seller is the second owner and says the oil has been changed every 2K miles and there are no cosmetic concerns beyond minor paint chips.

2006 77
article thumbnail

Opinion: There Is No Such Thing As Peak Oil Demand

Green Car Congress

Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier to predict. High prices persisted long enough for the industry in the U.S. The experience of projected versus actual peak oil demand in the U.S.

Oil 250
article thumbnail

Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

Green Car Congress

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012.

Oil 261
article thumbnail

Petrobras ready to launch renewable diesel production upon regulatory approval

Green Car Congress

Anelise Lara, the head of Petrobras’ refining, announced that the company is ready to begin production of renewable diesel from soy or other edible oils at commercial scale. Petrobras has a technology patented since 2006 for the co-processing of vegetable oils using the process called HBIO ( Earlier post.)

Renewable 236
article thumbnail

Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012. —Ronyld W.

El Paso 225
article thumbnail

Surprise Natural Gas Drawdown Signals Higher Prices Ahead

Green Car Congress

The reduction of 6 billion cubic feet (Bcf) was the first summertime drawdown since 2006. Natural gas spot prices shot up following the data release on August 4, although they fell back again shortly after. Natural gas consumption patterns are much more seasonal than for oil. But that doesn’t look like it will come to pass.

Gas 150