Green Options

Researchers at Rice University have announced the discovery of a new breakthrough method for producing carbon nanotubes in bulk fluids.  Rice’s new nanotube “stew” could spur the inexpensive mass production of carbon nanotube-based products, much like the plastics industry employed bulk loads of melted polymers as a cheap base for making everything from medical equipment to polyester shirts to plastic bags, and countless other things in between.

Rice’s nanotube research was sponsored in party by U.S. Air Force and U.S. Navy.  Aside from their military application, carbon nanotubes have a practically unlimited potential for sustainable civilian products because of their strength, light weight, and electrical conductivity among other properties. Lightweight nanomaterials could boost the gas mileage in cars and airplanes, make thinner and more flexible solar cells, increase the efficiency of lithium-ion batteries (in combination with another new high tech material, graphene), and be used in artificial photosynthesis to generate hydrogen fuel.

But from an another point of view, are wild oil price fluctuations really all that bad?

In my experience, it doesn’t take a higher degree and advanced knowledge of oil economics to see that rampant speculation is behind the crazy swings in oil prices we’ve seen in recent years. Even so, it’s a topic that economists and pundits have debated ad nauseum.

In what may be one of the most exhaustive analyses of the issues surrounding the murky field to date, Rice University researchers from the Baker Institute for Public Policy have released a new policy paper — “Who is in the Oil Futures Market and How Has It Changed?” — aimed at setting the record as straight as can be.