Saturday, June 28, 2008

XR3 Diesel Hybrid Kit


XR3 Diesel Hybrid Kit designed by Robert Q. Riley Enterprises, LLC. From the website:
The XR-3 Hybrid is a super-fuel-efficient two-passenger plug-in hybrid that achieves 125 mpg on diesel power alone, 225 mpg on combined diesel and electric power, and performance like a conventional automobile. . . . At just 1300 pounds, this high-performance design combines lightening-fast acceleration, a maximum speed of 85 mph, and fuel economy of 125- to over 200-mpg.

Saturday, June 21, 2008

Small Diesel Pickup Truck


Rumor has it an Indian auto manufacturer will bring a small diesel pickup truck to the US in 2009. The 150hp pickup will be followed by a diesel-hybrid version in 2010. Too bad the domestic auto companies aren't so forward thinking in the age of $4 plus a gallon fuel.

Friday, June 6, 2008

Truely Shocking Oil Price

Oil has reached a new high almost daily for months. But today's jump was truely shocking even to me.

Crude oil for July delivery rose $10.75, or 8.4 percent, to settle at $138.54 a barrel at 2:48 p.m. on the New York Mercantile Exchange. Today's increase was the biggest gain in dollar terms ever and the largest on a percentage basis since June 1996. Oil rose $11.33 to an all-time high $139.12 a barrel during trading.

Today's rise was bigger than the entire price of oil on Dec. 10, 1998, when crude traded at $10.72 a barrel. Oil has more than doubled in the past year.

Read more about it here.