Alphabet’s latest spinoff uses the earth’s warmth to heat people’s home instead of burning oil

Alphabet’s X unit calls itself the “Moonshot Factory.” It’s mission is to place risky bets with potentially big pay offs. Yet one of its wagers is decidedly more down to earth. Dandelion, a geothermal heating and cooling startup for homes, was spun out of X as an independent company on July 6.

Dandelion plans to replace the heating ...

Source: Energy Shocks – Quartz

Nothing but Bad News for Oil

If you’re dependent on the oil patch for your income, as are most folks who will read this, then today’s headlines are nothing to be happy about. I’m not writing this post to be maudlin or to cry, “O! Poor pitiful us!” I am writing it because we have to be aware of what is affecting our industry and …