Lascelles Linton
Filed under: Etc., Green Daily

Royal Dutch Shell made $27.6 billion in 2007, a European and U.K. annual corporate profit record. Sound familiar? It should. Exxon Mobil was breaking records a year ago when they reported $39.5 billion profit. Everything is not great at Shell because profits for the last few months were actually a little less than expected.

It all has to do with margins. You see, Shell is not discovering as much or refining as much oil as they did even just one year ago. Feel sorry for them? Me neither. Gas prices will probably hit $3.50 a gallon before June. Who knows where it might go after that?

So, you better go green or your green will go.

Related:

• Spring could bring $4 gallons of gas to the U.S.
• US Gov't: A gallon of gas will cost $3.50 before June
• Oil prices set for highest annual gain this decade

[Source: Telegraph, Herald]

Source: Shell Oil sets European, U.K. annual corporate profit record: $27.6 billion

Sam Abuelsamid
Filed under: Diesel, Etc.

Engineering consultancy Ricardo has won an award for High Performance Engineering. The prize came from an organization with a name that could only be British, The Worshipful Company of Coachmakers and Coach Harness Makers of London. The award was in recognition of Ricardo's work on the dual clutch transmission for the 1,001 hp Bugatti Veyron and the engines for the JCB DieselMax. The JCB DieselMax set a land speed record of 350.092mph in 2006. These days Ricardo is working a range of alternative powertrain projects like the transmission for the Tesla Roadster as well as working with companies on ways to meet the new 35mpg CAFE standards.

[Source: Ricardo]

Source: Ricardo gets award for High Performance Engineering

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Tags: 300C Chrysler 300C

Labels: 300c fun

Source: Share the 300C Experience