fuel

Skeptics say it’s yet another renewable pipe dream

If a Canadian researcher has his way, the red mud that caused disaster last week could turn very useful indeed

Shale gas could one day replace coal in power plants and gasoline and diesel for cars and trucks

Tempers flare as the government moves to curb the country’s massive gas subsidies

By my reckoning that’s roughly how much Air Canada has saved in fuel costs since oil started it’s downward spiral a couple of weeks ago. Last month when crude was marching higher, and the airline sought to justify its decision to layoff 2,000 workers and cut capacity, the company said every one dollar increase in the price of oil added $26 million to its fuel bill. At the time the company estimated its fuel bill would be an extra $1 billion in 2008.