How bad will it be for BP? Think Toyota

A complete disaster, that could have been averted, or minimized by utilizing one piece of equipment that was available. “While BP is ultimately responsible for funding the cost of response and cleanup operations, my administration will continue to use every single available resource at our disposal,” President Barack Obama On the surface it might appear [...]

Natural Gas (CNG) versus electric vehicles

It's all about the energy Dr. Jan F. Kreider, PE is both the Founding Director of the University of Colorado's Joint Center for Energy Management and Professor Emeritus of Engineering. Jan Kreider talked to Lou Ann Hammond about low carbon fuels, especially Compressed Natural Gas (CNG) versus electric vehicles (PHEV). Kreider talked to me about [...]

Simon Constable & Margaret Hoover on the Batchelor radio show

Simon Constable of Dow Jones, and Margaret Hoover of Fox News host the John Batchelor radio show on Saturday night. We talked about Toyota and their problems. Is this the end of Toyota's problems? Are things looking up for General Motors? Did General Motors pay back the government loan with money earned or money loaned [...]

General Motors pays back loan, Toyota rating dropped by Moodys

Toyota Rating Cut to Aa2 by Moody's Toyota has recalled more than 8 million vehicles, and halted production and sales on different vehicles. They have paid the government $16.4 million, the highest fine the government could fine them. They have another 180+ consumer and shareholder lawsuit's looming. Toyota's incentives on their vehicles are higher than [...]

Iranian oil being sold to China Peter Wells

Iran, China, and Oil Dr. Peter Wells is an international oil and gas expert with over 30 years of technical and business experience, including at senior levels with major oil companies such as Shell and BP, in the Middle East, Caspian region, and west Africa. He has been closely involved with several major oil and [...]

Iran – making a bomb or nuclear energy

Dr. Peter Wells is a Non-Executive Director of Neftex. Neftex started earth modeling in 2003. The Neftex Earth Model now approaches full global coverage and has application to the Petroleum, Minerals, Finance, Groundwater and Publishing industries, and also to the emerging field of Carbon Capture and Storage. Wells talked to Lou Ann Hammond, about Iran [...]

TOYOTA MOTOR CORP. AGREES TO SETTLE NHTSA CIVIL PENALTY

Toyota Motor Corporation (TMC) announced today that it has agreed to settle the civil penalty demanded in the National Highway Traffic Safety Administrations April 5 letter related to the companys recall for slow-to-return and sticky accelerator pedals by paying $16.4 million. The company said: “We agreed to this settlement in order to avoid a protracted [...]

Peter Wells, Neftex, on the future of oil and cars

Dr. Peter Wells is a Non-Executive director of Neftex. Neftex started earth modeling in 2003. The Neftex Earth Model now approaches full global coverage and has application to the Petroleum, Minerals, Finance, Groundwater and Publishing industries, and also to the emerging field of Carbon Capture and Storage. Wells talks about what the future supply of [...]

Toyota’s fine, Daimler Renault & GM brake override

Is Toyota's historic maximum $16 million fine levied by the US government precedent for the amount or admission of guilt with hundreds of other lawsuit's looming? General Motors announces they will have brake override on all their vehicles. Daimler and Renault/Nissan are about to announce a working relationship. Who benefit's? I discuss all of this [...]