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Burns FosterBurns Foster

The Pump Fake

It’s been a rollercoaster of a year, riding the gasoline price wave at the pump. California’s average topped out at $4.21 per gallon, bottoming out no lower than $3.55. And for the rest of the United States… It didn’t see prices fall below $3 at any point in 2013. Lively chatter attempting to predict and...

China’s Secret Energy Reserve

NASA’s Terra satellite recently snapped a photo of something peculiar: part of eastern China swathed in smooth, unnaturally gray and white smog. The image represents the clearest indicator yet that China’s pollution problem has escalated to a whole new level. In the country’s 12th Five-Year Plan (FYP) drafted for 2011-2015, China pledged to move 11.4%...