Energy

3:00am

Mon March 19, 2012
Economy

Startup Converts Plastic To Oil, And Finds A Niche

Originally published on Mon March 19, 2012 7:58 am

JBI CEO John Bordynuik holds a jar of No. 6 fuel oil, derived from discarded plastic like that seen on a conveyor belt at his plant.
Daniel Robison WNED

Only 7 percent of plastic waste in the United States is recycled each year, according to the Environmental Protection Agency. A startup company in Niagara Falls says it can increase that amount and reduce the country's dependence on foreign oil at the same time.

It all starts with a machine known as the Plastic-Eating Monster. Thousands of pounds of shredded milk jugs, water bottles and grocery bags tumble into a large tank, where they're melted together and vaporized. This waste comes from landfills and dumps from all over the United States.

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2:00am

Thu March 15, 2012
Business

Oil, Gas Drillers In Ohio Face Higher Taxes

Originally published on Thu March 15, 2012 3:22 pm

Transcript

STEVE INSKEEP, HOST:

Tax hikes and tighter regulations are in store for gas and oil drillers in Ohio, if the governor has his way.

Yesterday, Republican John Kasich called for sweeping changes and stricter controls in handling the state's shale gas boom.

Tim Rudell, of member station WKSU, reports Kasich is normally anti-regulation but is making an exception.

TIM RUDELL, BYLINE: Governor John Kasich told oil and gas companies to show him the money.

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10:01pm

Wed March 14, 2012
Energy

Surging Gas Prices Have Drivers Fuming

A driver pumps gas in Los Angeles, where prices are among the highest in the country, topping $4 a gallon.
Frederic J. Brown AFP/Getty Images

Gasoline prices have risen about 50 cents a gallon since January. The national average for regular gas stands at just above $3.80 per gallon.

Pity the drivers on the West Coast. Prices there have been much higher. At a Chevron station in Culver City, Calif., the price on Tuesday was $4.45 a gallon.

"I do building maintenance," Ursula Matthews said as she filled her tank. "I do a lot of driving from place to place. It's hurting me. I cannot raise the prices [of my services] with the economy what it is."

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6:20am

Mon March 12, 2012
The Two-Way

Report Shows Drop In U.S. Oil Imports

Originally published on Tue March 13, 2012 5:53 am

The White House will unveil a report today showing that U.S. dependence on foreign oil imports has dropped by more than two million barrels a day since President Obama took office.

The report shows U.S. imports at 8.4 million barrels a day last year from 11 million barrels a day in 2008. As a percent of all U.S. consumption, foreign imports went from 57 percent down to 45 percent in the same period, the report says.

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10:01pm

Sun March 11, 2012
Energy

Power Grid Must Adapt To Handle Renewable Energy

Originally published on Mon March 12, 2012 9:08 am

Towers carry electrical lines in San Francisco. The electricity grid is a web of power stations, transformers and transmission lines that span the continent.
Justin Sullivan Getty Images

The National Academy of Engineering in Washington, D.C., once asked its members to pick the greatest engineering achievement ever.

Their choice? The electrification of the country through what's known as "the grid."

Ernest Moniz, director of the Energy Institute at MIT, says they were right on the money.

"That reflects what an amazing machine this is, spread out geographically, always having to balance demand and supply because electricity is not stored," he says.

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