This is the wrong way to go.  Here's my concept:   A wrist watch which issues a holographic projection; PLUS The capability for using Kinect gestures.   What this combination would do is allow you to seem to maniupulate a virtual surface or volume in space (it actually would be the kinect gestures that would be ru...more

So, if one is permitted to use the propulsive power of a jet or rocket, rather than requiring the vehicle to be propelled by the turning of wheels, legs or other devices pushing against the ground, why is this a "land" record? Under his sort of definition of "land" speed, would a mag-lev propelled vehicle have to co...more

There is a widely repeated rumor from Europe that provides a very different explanation for why the price of gold is dropping:   According to the Financial Times and several other sources, national central banks are lending their gold reserves to local banks.  These, in turn, are lending out the gold in return for ...more

There are two triggers for this rally:  the report of record U.S. consumer sales during Thanksgiving, and several reports that Europe's leaders are formulating a solution to their financial problems.  Equity prices rose in a similar way in October in response to positive quarterly earnings, and the lack of bad news out...more

Whoever said below that there is a free market for gasoline is sadly mistaken.  The price of gasoline depends on the price of oil.  That price is set by the OPEC cartel which controls the majority of worldwide production.   They have artificially kept production low and prices high over the years.  When prices spiked (...more

The people who suggest we just drill more are missing the point.  Sure, there is lot's of oil in the ground.  But, no matter how much oil we (or the rest of the world) drills, we cannot keep pace with this growing worldwide demand.   But, most important of all, most of that oil in the ground is outside the U.S. and eno...more

The trucker, who said below that he sees fewer and fewer cars on the road, misses the real reason for rising fuel prices:  it's foreign demand, not U.S. demand.  You just need to look at the EIA website to find the U.S. and worldwide consumption figures.  U.S. consumption has been reasonably steady.  But worldwide dema...more

The irony is that there is an alternative for our cars -- biofuels -- but people who should know better refuse to look at this alternative because they erroneously think that biofuels raise food prices and hurt the poor.  The most recent, egregious example of this misinformation was a front page NY Times article on the...more

Two years ago, we predicted that, as soon as the recession ended, we would be back to the former record of $4.11 a gallon for "regular."  But we also explained that there is an alternative we all could be using.  Check out our website for Energy Alternatives for the 21st Century (ea-21.org).