The populist Russian newspaper, Komsomolskaya Pravda, ran the headline yesterday: “Russia takes first place in oil output rankings”. The story was based on OPEC figures showing that Russia is now extracting more oil than Saudi Arabia. The figures reflect a trend stretching back as far as 2002, but are being hailed by Russia as evidence … Read More
Day: August 23, 2006
The Electric Car Faster Than a Ferrari
Costing a mere $100,000, built by Lotus in England using components from around the world, and designed in Silicon Valley, the Tesla Roadster is ripping up preconceptions that electric vehicles are as slow and boring as golf carts. This one accelerates from 0-60 mph in four seconds – quicker than a Ferrari Spider – and … Read More