DrumBeat: March 25, 2008

Now for some wise words from the readers of The Oil Drum...

Crude Rises After 3-Day Decline Amid Clashes in Iraq Oil Region

March 25 (Bloomberg) -- Crude oil rose, snapping a three- day decline, amid escalating violence near one of Iraq's main oil producing regions.

Clashes between Iraqi forces and fighters loyal to Shiite Muslim cleric Moqtada al-Sadr left at least 18 people dead and 40 hurt in the southern city of Basra. Al-Sadr supporters threatened a nationwide campaign of civil disobedience. Oil had dropped 10 percent from last week's record of $111.80 a barrel.

``There are a lot of reasons to buy at these levels,'' said Eugen Weinberg, an analyst at Commerzbank AG in Frankfurt. ``If it stays above $100 a barrel, the speculative element will come back.''

Crude oil for May delivery rose as much as 74 cents, or 0.7 percent, to $101.60 a barrel in electronic trading on the New York Mercantile Exchange. The contract traded at $101.14 a barrel at 12:51 p.m. London time.

Experts: China's crude consumption up 4.5 percent in February

China's crude consumption will rise 4.5 percent year on year in February but slightly lower than last year's growth due to the slipping economic growth and increasing trips by car, according to CNPC.

Amongst, gasoline and diesel consumption increased 5.5 percent to 42.5 million tons year on year, and kerosene consumption rose 8 percent to 3.2 million tons.

After oil and rice crises, a power crisis

MANILA, Philippines - More bad news: things are going to get worse before they get any better for Filipinos. First, there is the oil crisis; the price of crude oil is going through the roof in the world market. Then there is the rice crisis; price of the grain is rising and there is an impending shortage. And now comes an impending power crisis; we cannot generate enough electricity because there is a worldwide shortage of coal. With the coal-powered generating plants unable to produce enough electricity the other plants using hydro, thermal, diesel and wind won’t be able to cover up the shortage, especially now in summer when there is a big demand for cooling from air conditioners. So expect frequent brownouts.

Diesel running short in Guangdong

Truck drivers in Guangdong are struggling to keep their vehicles on the road, as the province suffers its latest diesel shortage.

"I've been to three gas stations across the city today but with no luck," Zhong Xingguo, a driver for a logistics firm in the Huangpu district of Guangzhou, told China Daily yesterday.

"I will have to stay up late tonight or get up early tomorrow and try again."

Zhong said the diesel shortage has been so bad over the past 10 days that his boss has had to turn down orders, especially long-distance ones, and about half of the firm's 100-odd freight vehicles are now off the road.

Top scientists warn against rush to biofuel

Gordon Brown is preparing for a battle with the European Union over biofuels after one of the government's leading scientists warned they could exacerbate climate change rather than combat it.

In an outspoken attack on a policy which comes into force next week, Professor Bob Watson, the chief scientific adviser at the Department for Environment, Food and Rural Affairs, said it would be wrong to introduce compulsory quotas for the use of biofuels in petrol and diesel before their effects had been properly assessed.

"If one started to use biofuels ... and in reality that policy led to an increase in greenhouse gases rather than a decrease, that would obviously be insane," Watson said. "It would certainly be a perverse outcome.

New Orders

"The cease-fire is over; we have been told to fight the Americans," said one Mahdi Army militiaman, who was reached by telephone in Sadr City. This same man, when interviewed in January, had stated that he was abiding by the cease-fire and that he was keeping busy running his cellular phone store.
Is Oil Slick Dick happy or sad?

as normal the results of ethnic cleansing doesn't last. ethnic cleansing makes each group huddle together, and it's only a matter of time before on group decides they don't want the other anywhere near them.

There was supposed to be a segment on CNBC this morning called "Peak Oil Debunked?". I had to leave for work before it aired. Could someone offer a recap? Or could someone post a video of it? I believe it was supposed to have Simmons and someone from Chevron? Thanks

It was Matt Simmons and here is the video:
http://www.cnbc.com/id/15840232?video=695959732&play=1

It was not about "Peak Oil Debunked" but a reply to Shell's CEO, John Hoffmeister, trying to debunk peak oil.

He gave a pretty good job. One interesting point. At the very top of the hour when they were announcing all the folks that would be on that hour, they played about two seconds of the Peak Oil animated video of the car climbing the hill then going over the cliff. The two seconds they showed was of the car just as it leaped over the cliff.
http://peakoil.com/article33887.html

Ron Patterson

Thank you.

we are on an energy joy ride and toonces is at the wheel!

A cat can't do much worse than the chimp who is currently at the wheel in the US. Hey wait, don't we have a chimp who can drive here?

LOL, a Toonces reference, that was awesome.

Did anyone catch when the host mentioned Simmons' book, Twilight in the Desert, and the image they flashed on the screen was Jerome Cosri's book, Blackgold Stranglehold, which advocates abiotic oil? Something tells me that that was not an accident.

Wow, I made it to the big time - or at least, two seconds made it on air. The original is on YouTube here: http://www.youtube.com/watch?v=Ulxe1ie-vEY

The complete QuickTime is free and available to anyone who wants to use it as part of a presentation. You can download a lo-res version (13 MB) or the hi-res original (165 MB) from here: http://idisk.mac.com/warnwood-Public

Thanks for the links Ron.

Joe

Simmons mentions in this that oil from tar sands is bad quality - to book reserves, such as its oil sands project in Alberta, but doing so amounts to an exercise in “turning gold into lead” because of the vast energy and potable water resources needed there to produce low-quality oil.

Is there a posting somewhere that explains the details? What is oil made from tar sand chemically, why is the quality bad?

The bitumen is heavy oil with a low API. Extraction required strip mining similar to the way coal was mined. The sands were crushed and the heavy oil was separated from the ore using a flotation system. The heavy oil was then either upgraded to synthetic crude by cracking and the addition of hydrogen or mixed with diluents and shipped to a refinery area capable of processing the heavy oil mixture. Deeper tar sands were developed by the drilling of parallel horizontal wells in a process called SAGD (steam assisted gravity drainage). The steam was piped down the upper well and eventually melted the tar. The heavy oil sank to the lower well bore and was pumped out of the lower horizontal well to the surface. There is a third process called THAI (toe to heel air injection) that ignited the oil below surface using high air pressure to produce spontaneous combustion. The fire then melted bitumen and the bitumen was collected along with formation water and combustion produced steam condensate water at the other end of the well system. This process was supposed to upgrade the oil to a lighter variety as shown in lab tests. Early field test results indicated they did not upgrade nearly as much as was hoped. There were some remaining problems with sand and well control that have not been fully described. The process is yet in the R&D - pilot test phase.

I am not a chemist, but understand the bitumen is in the form of longer heavier polymers. These longer hydrocarbon chains were manipulated with expensive processes in order to render salable crude.

What is bad quality today might be of precious quality in the future.

Have you ever heard of the Pitch Drop Experiment? That's what comes out of tar sands. Perhaps you can see from the picture why its so difficult to turn into fuels like gasoline.

The term "gold into lead" might, at least partially, refer to the fact that this stuff can be used to make plastics and some other useful materials that are of enourmous value to modern society (especially modern medicine). Putting so much effort into turning it into fuel really is rather silly.

rainsong is right to say that the viscosity of bitumen has to do with the length of the polymer molecule in it. For polymers, the longer the molecules, the harder they are to pull apart from eachother.

That's a good point, but it actually refers to the use of high quality resources - clean water and natural gas - to turn tar into fuel.

Cheers

New Limits to Growth Revive Malthusian Fears

"We're living in an era where the technologies that have empowered high living standards and 80-year life expectancies in the rich world are now for almost everybody," says economist Jeffrey Sachs, director of Columbia University's Earth Institute, which focuses on sustainable development with an emphasis on the world's poor. "What this means is that not only do we have a very large amount of economic activity right now, but we have pent-up potential for vast increases [in economic activity] as well." The world cannot sustain that level of growth, he contends, without new technologies.

http://online.wsj.com/article/SB120613138379155707.html

Double-digit oil price is history: R S Sharma

Against these hard facts, ‘Peak Oil’ theory has kept every one guessing. Have we reached the peak or not quite yet? We may not have a definite answer as of now, but its effect is quite visible on the dynamics of the oil market. Now, many oil geologists believe that 90% of the globe’s oil fields have already been tapped and many are already exhausted. This is reflected in the report cards of oil MNCs. Reserve replacement ratios (RRR) for most, if not all, is less than one. These fundamental and non-fundamental factors have a cause-and-effect relationship. Energy needs have generated unprecedented competition to establish control over oil and gas assets leading to intense geo-politics and resource nationalism. This makes resource centres unstable and prices volatile, intensifying speculative activities in the energy markets.

http://economictimes.indiatimes.com/Double-digit_oil_price_is_history_R_...

Food prices on the rise worldwide

Many factors in play. Freak weather is a factor. But so are dramatic changes in the global economy, including higher oil prices, lower food reserves and growing consumer demand in China and India.

Bats Perish, and No One Knows Why

Whatever is killing the bats leaves them unusually thin and, in some cases, dotted with a white fungus. Bat experts fear that what they call White Nose Syndrome may spell doom for several species that keep insect pests under control.

NY Times Editorial: Pain at the Pump and Beyond

There are several reasons for oil’s dizzying price spiral. Soaring demand in fast-growing developing countries like China and India means there is little oil to spare. The turmoil in financial markets — the White House can take a good chunk of the blame for that — has driven prices even higher, as investors have bought oil and other commodities as stocks and the dollar plunge.

... the era of cheap oil is truly over. With that, the country could finally focus on developing clean alternative energy sources and reducing oil consumption, a strategy that has served other countries well.

Food prices on the rise worldwide

Visited my local restraunt supply house, where food has been at far lower prices than, oh, say the grocery store.

Beans that were at sub $10 for 20 lbs less than 6 months ago are now at $17.12

Amazing. And yet - the place STILL has Chineese sourced peeled garlic.

The increases in consumer food prices are much more than the rise of commodity prices or their scarcity.

A loaf of bread, purchased at more than $2 retail, on "sale", has about 12 cents of wheat in it when wheat is $10 bushel.

Its the myriad of other costs that are really shoving the cost of retail food.

Hey everyone, I don't know if you noticed, but the backwardation premium on WTI contracts is really narrowing down. It was over a buck a few weeks back, now we're seeing only 30-40 cents. That means commercial traders are no longer willing to pay so much to entice speculators to go long, for obvious reasons.

My chart:

http://futures.tradingcharts.com/marketquotes/W.html

shows backwardation going out to Dec 09.

Rice almost $20 a 100weight.

I thought of you when I watched grain prices today.

You can buy call options on light sweet crude, $150 strike price, Dec 2010 for $3500. Do you think this is a good investment?

Yes. Be sure to check back as prices get higher for a good time to sell.

It has been several years since I was in the options markets.
You do not have an email address in your profile, so can you send me an email ??

Some good ideas here that have been occasionally discussed on this forum - the merger of human-behavior studies and technology to provide immediate feedback on energy consumption - alerting consumers when the price of electricity is high, and (most interestingly) comparison of their consumption vs. that of their neighbors.

http://www.nytimes.com/2008/03/25/science/25tier.html?_r=1&8dpc&oref=slogin

“Getting the prices right will not create the right behavior if people do not associate their behavior with the relevant costs,” says Dr. Thaler, a professor of behavioral science and economics. “When I turn the thermostat down on my A-C, I only vaguely know how much that costs me. If the thermostat were programmed to tell you immediately how much you are spending, the effect would be much more powerful.”

It would be still more powerful, he and Mr. Sunstein suggest, if you knew how your energy consumption compared with the social norm. A study in California showed that when the monthly electric bill listed the average consumption in the neighborhood, the people in above-average households significantly decreased their consumption.

Meanwhile, the people with the below-average bills reacted by significantly increasing their consumption — not exactly the goal of the project.

That reaction was avoided when the bill featured a little drawing along with the numbers: a smiling face on a below-average bill or a frowning face on an above-average bill. After that simple nudge, the heavy users made even bigger cuts in consumption, while the light users remained frugal.

Mr. Sunstein and Dr. Thaler suggest applying those principles with something more sophisticated than smiley faces. A glowing ball called the Ambient Orb, programmed to change colors as the price of electricity increases at peak periods, has been given to some utility customers in California, who promptly reduced their usage by 40 percent when the ball glowed red in peak periods.

- Dick Lawrence
ASPO-USA

Along the same lines from EurekAlert http://www.eurekalert.org/pub_releases/2008-03/uosc-tmi032408.php

Too much information? Study shows how ignorance can be influential

Overall, the ability to control the flow of news and remain publicly ignorant gives the leader some power, which is used to influence the actions of the follower," the researchers wrote. "Our result suggests that the chairperson, the president and media can bias the decision of the committee, electorate and public by strategically restricting the flow of information."

Todd

If the thermostat were programmed to tell you immediately how much you are spending, the effect would be much more powerful.

Exactly similar to the MPG feedback one gets in a Honda Insight (and I believe in the Prius). It doesn't take long for someone who is paying attention to gasoline prices to optimize the gas mileage based on this feedback.

It is also in the Camry Hybrid.

For that matter it was on my 1988 Lincoln Town Car with a 5.0 liter V8. This isn't exactly a new feature.

For optimization, isn't a manual shift and tachometer enough? Or just listening to how fast the engine is running? I get 45+ mpg in a stock Hyundai accent that way, and I suspect many/most on this list do likewise. Perhaps it would be useful to make up some little round stickers for the dash which say "Low RPM = better mileage" for those who like visual reinforcement. Another augmentation for those folks could be little transparent stickers for the mirrors which say "Objects in Mirror are More Tangible Than They Appear".

Just a thought.

I know that when I first got my Prius, I was constantly looking at the mpg and trying to maximize it in every way I could think of. Not so much anymore as the novelty has worn off. Only real long term solution may be electric shock treatments.

Here's a few more from around the world...

Iran
India hopes to resume talks on IPI pipeline soon

India-Pakistan-IPI
In a major development that could result in a breakthrough, Pakistan has invited India for talks on finalising the $ 7.4 billion Iran-Pakistan-India (IPI) gas pipeline deal.

Japan
Economic ministers warn of downside risks as Japan's recovery pauses

Economic ministers repeated their warning Tuesday on downside risks to the Japanese economy, such as the U.S. economic slowdown, global market turmoil and surging crude oil prices, after fresh data underlined that the country's recovery has been pausing.

China
China's oil giants blame price rise rumors for worsening fuel supply crisis

BEIJING, March 25 (Xinhua) -- China's major oil suppliers denied rumors about oil price rises, and blamed the rumors for the worsening fuel supply shortfall that is spreading northward across the country.

I found this 60 minute video presentation, a basic introduction to PO, at the economic site Financial Sense. Apoligies if it has been linked here before. The lecturer is speaking to an investment club although the lecture is listed as a college presentation. The lecture goes a bit beyond an introduction imo, and I believe it to be a good tool for those that are having difficulty communicating the concept of PO to friends and relatives. Recording date is listed as Oct, 2007. Note: To forestall any that would take issue with points made or omitted in the lecture...I do not claim the lecture is perfect and I am not in agreement with every word spoken, or those ommited, in the lecture. IOW, if you have problems with content, contact Dr Petrov, not me.

The speaker, Dr. Kassimir Petrov, near the end of the lecture advises the audience that there are several sites that focus on PO, but far and away the best site is TOD. Kudos and happy 3rd birthday to TOD.

http://video.google.com/videoplay?docid=8053133027439445734

RE: the video
http://video.google.com/videoplay?docid=8053133027439445734

About 30 seconds into his 60 minute video, he says that (he said in 2006,oil would reach $100 / barrel by the end of 2007).
It looks like he had read my article I wrote in 2004.
http://www.angelfire.com/in/Gilbert1/tt.html

Gilbert (DocScience)

Peak Oil discussion comes to the Massachusetts Legislature March 31:

From ASPO-USA news site:
http://www.aspo-usa.com/index.php?option=com_content&task=view&id=338&It...

Senator Pam Resor and State Representative Frank Smizik
Invite you to attend an informational briefing on

PEAK OIL: Implications for Massachusetts
March 31, 2008 1:00 pm
State House, Room 222

**********************************************

Joining us will be

Senator Bob Duff and Representative Terry Backer from the Connecticut General Assembly
*
John Kaufman of the Portland Oregon Energy Task Force
*
Roger Bezdek, President of Management Information Services, Inc. (Washington D.C.) and co-author of “Peaking of World Oil Production: Impacts, Mitigation, & Risk Management”
and
*
Richard Lawrence, ASPO-USA

It's great to hear that Massachusetts is starting to do something, even if it's only talk. I hope that goes well.

All the Iron Triangle fans will appreciate this one.

YouTube link - some of his other stuff is pretty crude so mind yourself if you are at work.

Jon Lajoie

An article that I co-authored with my partner is in the current April/May issue of Mother Earth News magazine. Called Choosing Renewables, it deals with the challenges and rewards of moving towards household energy independence. This is not a glowing article about how fabulous renewables are. It deals with the gritty reality of our (my) screwups, glitches and high costs. It also contains some insights we've gained along the way. For example, a short excerpt:

Although I had followed energy issues for a long time, concentrating on home energy these last few years has deepened my understanding. One insight I’ve gained is that the household, as a site of the production and consumption of energy, can be viewed as a microcosm of the global energy dilemma. That is, the energy problem is not a simple one to solve at either the household or global level, and it will take effort and creativity to do so.

Energy doesn’t come easily these days. A few decades ago, huge new oil fields were being discovered all over the world. Oil companies only had to invest one barrel of oil in production costs to get back 100 barrels to sell. Today, the return on energy invested is 1-to-10 at best and in many cases far less. We’re convinced that replacing oil and gas with other energy options as their reserves deplete will not be easy or cheap.

Our experience is that energy doesn’t come easily at home either. We have found the journey to household energy self-sufficiency challenging in many ways. These challenges often aren’t reflected in the upbeat articles on achieving home power and the seductive ads for solar panels and wind turbines.

The article is online here:
http://www.motherearthnews.com/Renewable-Energy/
2008-04-01/Choosing-Renewable-Energy.aspx

We're pretty pleased that Mother agreed to publish this article. Virtually all other articles I've read on the subject seem to imply that home energy independence is easy. We have no regrets at all about our efforts, but it certainly hasn't been easy.
John

Couldn't get the link to work. John

blue,
I don't know how to do a hyperlink. Maybe if you cut and paste the second line of the url you'll get it.
John

I think you inadvertantly left the ".aspx" part off the URL when you cut.

My suspicion is that your browser is not showing you the entire link in the URL bar, and you cut and pasted what you saw.

For convenience, this should work...

http://www.motherearthnews.com/Renewable-Energy.aspx

John, that link is broken. I found the correct link
here

Hi John as a subscriber I got your email and read the article on windmills and solar water heaters last night. Thought they were well done, would have appreciated some specific product recco's on the solar water heaters. Down here in the Wichita area I am at a loss to find qualified products or installers so it looks like the internet for a purchase and then ??? What a heck of a small biz opportunity in an area of approx 1,000,000 can't believe no one seems to have seized the opportunity in this area.
Would be nice if you guys could knock some sense into your neighbors up there in Topeka and get the Legislature off the snide on getting some incentives passed. Talk about living in the past....

Thanks again always learn something from your magazine.

KC,
One of the big problems with residential renewables is a terrible absence of qualified retailers and installers. This is still very much an emerging field, even though it is thirty years old. But twenty years of low oil and gas prices meant that the industry never matured.

A small example. When we first installed our system I got advice from and bought the components from people I knew and who had been in the business for twenty years. But nobody I sought advice from mentioned lightning protection. The result? A blown up $6k inverter. To achieve household energy independence you have to be prepared to make mistakes and deal with the consequences.
John

John, could you post some info (or a link) on dealing with lightening protection? That sounds like a major issue. The solution might be easy, but if people don't know about it, nothing will get done.

And thanks for your article. It was informative.

The various electrical panel makers (Square D, GE,...) make surgebreakers that fit into two slots.

One can also buy add-on whole panel surge protectors that do not take any slots. I would install one of each and another just before the inverter.

Alan

I use Delta Lightening Arrestors on the AC and DC sides with a site- specific grounding strategy. One size does not fit all, particularly if wind turbines are involved.

Protecting against lightening induced transients can be pretty esoteric, not unlike protecting against EMP in some circumstances.

You will get conflicting advice from electricians and EE's. Find someone with a lot of practical experience in your area to advise you on your specific installation.

I never had a client with a zapped inverter, although they have been knocked off line on numerous occasions by nearby lightening strikes, requiring a manual reset.

The old, made in the U.S.A., Trace Engineering Inverters were outstanding in this respect.

Now, with Xantrex and Chinese production, your mileage may vary.

Defense in depth is to be preferred !

Alan

ozonehole,
I don't consider myself any sort of expert on the electrical aspects. I'm ok on the mechanical tasks but I still rely on electrical geeks for advice and installation. We added ground rods in a couple of locations and also some lighting arrestor devices, one on the DC side and one on the AC. I don't know for sure how effective all this has been, but we've had no trouble since adding lightning protection and that has been a much longer period than when we had three damaging lightning episodes early on. The key is to do good lightning protection of the kind you would do for any other electrical installation. But there are intricacies that I don't pretend to understand.
John

These are pretty reasonably priced and available from many on-line sources:

http://www.deltala.com/

I think they are used a lot to protect motors and drilling equipment as well as solar DC equipment.

We have one at the VFD motor drive that connects to our ground source well. Another where the solar pv comes in the house.

Where ever buried cable enters (main service entrance) is a place where risk of "voltage transients" exists.

Available as AC single phase, 3-phase, and DC that I know of.

I have no commercial connection with pretty much anything.

Joe

This is still very much an emerging field, even though it is thirty years old

Quite true.

Personal anecdote to illustrate: In the recent heat pump class I took (community college HVA
C/R, A.A.S. program), the instructor was lecturing about how printed circuit board with controls are increasingly being designed into the HP.

He was given a tour of a major HP manufacturer not to long ago, where he noticed the assemblers who handled the boards were all wearing what is generally known as wrist/grounding straps more formally known as electrostatic discharge straps (ESD).

My first exposure to ESD straps was 17 years ago in a personal computer program which required achievement CompTia A+ certification. The concept of ESD was first introduced to me 30 years ago in military electronics training.

FWIW, The International Association for Radio, Telecommunications and Electromagnetics (NARTE) even offers a certification program over ESD.

The instructor noted the significance of the strap's function. When he arrived back to his locale, he searched the wholesale houses that serviced HP's to find out nobody had any straps, indeed the reps didn't even know what he was talking about.

Yes, even the 'professionals' are still learning.

Yes, even the 'professionals' are still learning.

Wind turbine maker/installer of the 1+MW class. Has (at least one) $35,000 dollar controll board. Ships them from the field back to the warehouse for restocking (implys to me someone else will get 'em), in white packing peanuts w/o static bags...boards just tossed in one on top of the other.

They hire EE grads and people who used to work in nuke plants...people who are 'smart'...yet it seems they do not follow EDS "rules"....with over 1/2 a million in electronics.

EDS? or ESD?

Electro Static Discharge

Heh.

people who used to work in nuke plants

The heat pump instructor was at one time a nuke engineer.

K.C.

You are correct. There is a tremendous market opportunity for solar water heating. This is not a new technology. Reliable equipment is available. The weak link is competent system design and installation.

Flat plate collector and evacuated tube systems both work very well.
You need site-specific design, equipment recommendations and competent installation to end up with a system that functions.

I have seen many expensive systems with botched installations and I am a firm believer in the KISS Principle. Most plumbers are clueless.

You can get lo-ball equipment on-line but you will be better served if you can find local experts to assist you IMO. Buy the equipment from the people who will install and service the system.

There is no such thing as a simple pipe fitting job. Its all in the execution.

All the old guys who used to do this are dying off or retiring.

There is a tremendous business opportunity here for some new blood,
now and post TEOTWAWKI.

If you must do it yourself, there is an article on the subject in the archives of Home Power Magazine that is the best extant.

Are there any ideas out there on how to scale-up residential solar hot water?

I am reminded of the Solar Hot Water Bubble of the Seventies.

Back in the 1970's there were legions of solar hot water door-to-door marketing and easy-payment financing specialists that rode into Denver on the back of federal incentives. Neighborhoods were covered with flat plate collectors. Alas, most systems were not installed properly and never worked. When the incentives expired, the solar-meisters folded and moved back into servicing the penny stock trade.

There is a tremendous market opportunity for solar water heating. This is not a new technology. Reliable equipment is available.

One of the podcasts I listen to was stating how many California properties had solar hot water back in the 1800's.

Then oil was found in California.

(and here we are! Wheeee!)

Now....anyone know American Makers of evacuated glass tube collectors?

Kansas: Home Power Magazine #118 had a good in-depth article on SHW systems. Along with other articles in their back-issues, I should think you'll be able to get a sufficient education to tackle the project. They also have lists of installers in the back. Hope that helps!

I still get Homepower, and do endorse it, but it has moved away from its Do It Yourself roots that originally drew me, putting more emphasis now on Established products and the testimony of satisfied RE customers. Usually very good articles on Wiring to Code, proper Grounding, etc, to make sure that installations continue to be safe and reliable, and don't give RE a black eye.

http://www.homepower.com/

For you experimenters, there are a lot of fun projects in the Mother Earth News Archives, as well as a long listing of current homebuilts and experiments over at http://www.builditsolar.com/

Bob

John,

Excellent article! When I first heard about peak oil, I thought using renewables would be a quick and easy way to go. Two or three evenings of research showed me the opposite. It is hard to find articles that talk about the real issues involved.

Congratulations on publishing ME article, excellent piece for bringing some of the hype to reality. Your comment that most of North America is ill suited to wind or solar bears repeating.

Although not a subscriber, I think ME news too often projects the walk in the park attitude. It seems too often to dovetail the ads for finger guided tillers producing bushel baskets of organic produce.

It's late March, someone should be doing an article of the monotony of home grown and preserved foods, of the mini-rebellions over yet another bowl of potato soup for lunch

From a thirty-three year perspective in the field, small wind and solar work great in North America.

But, it is very site- and micro-climate specific.

The little secret is that stand-alone wind and solar are not cost-effective for most people without significant life-style change.

I have found that it is much more effective to have an integrated approach that include the passive solar and energy efficient residential design strategies that work in all climates.

One has to be able to separate the pie-in-the-sky from what works in the real world.

Romantic notions of a nineteenth century life-style wear thin after awhile and that 1000 gallon underground tank of diesel in the back yard will eventually grow algae or be used up in the backup generator.

I agree with Hirsch. My view is that the window of opportunity for mitigation at the national level is past. There might still be time for mitigation in the grass-roots at the level of families and communities.

When the grid drops out as it does with some frequency in my environs, wind and solar are priceless.

Buy the stuff now if you want it. The equipment supply-side is very thin in the alternative energy industry. Any little panic and all will disappear.

Best hopes for wind and solar in the grass-roots.

It is too-little, too-late at the national level IMO; mere drops in the ocean for all the reasons argued so eloquently here on TOD and as even a cursory examination of the EIA data will reveal.

Well said, solardoc, and you have my admiration for sticking it out in this topsy-turvy industry for 33 years. You must have an iron constitution and an enormous passion for it. After only three years in the retrofit solar market, I had had enough, & am glad to be out of it!

One has to be able to separate the pie-in-the-sky from what works in the real world....Ain't that the truth!

One distinction that I don't think is mentioned often enough is that "wind" and "solar" are hardly monolithic businesses. As you know, there is a world of difference between residential/small commercial and utility-scale projects, in every way.

But I agree that homeowners are well-advised to get while the getting is good, an in particular, to take advantage of local incentives as soon as they are offered, because they always decrease over time, and at a far faster rate than the equipment prices.

Hi Solardoc

... that 1000 gallon underground tank of diesel in the back yard will eventually grow algae...

Speaking of such things, if I switch my DHW production from fuel oil to electricity, my consumption will drop to about 300 litres/80 gallons per year and my tank may be refilled once every two or three years. I've been enquiring about the shelf life of #2 fuel oil and the answers have ranged from 6 months to twenty or more years. The tank is five years old and located inside my basement so this fuel is stored at a fairly constant temperature. Should I be concerned about this fuel going bad and would you recommend adding a stabilizer to help prevent algae growth?

Cheers,
Paul

Halifax,

You appear to have optimum storage conditions. If it were mine, I would certainly add a stabilizer/algaecide/varnish inhibitor and draw periodic samples for examination. The smell of varnish is quite distinctive. Consider having a sample analyzed.

A supply of #2 fuel oil will be a valuable resource going forward. If properly cared for, it should serve as diesel fuel in time of need. Deterioration may not be so critical for heating purposes.

The lighter hydrocarbon fractions are less stable. Gasoline/petrol can go off in 6 months but will last up to 2 years with stabilizers, depending on light and temperature exposures.

I would be careful about relying more on the grid. Maintain flexibility on critical systems. Redundant layers may be less efficient but more secure.

More expert opinion is invited on storage life of #2 fuel oil and potential use as diesel fuel in a pinch.

Thanks, solardoc; I appreciate your insight. My sense was that an inside tank would give me a leg up, but since these estimates were all over the map I wasn't sure if three years might be pushing it. I'm also cognizant of the fact that as tank levels drop the risk of condensation increases and this would, presumably, aggravate the situation further. I'll see if I can locate some sort of additive/treatment product just for peace of mind alone, and when the service technician changes the fuel filter and burner nozzle I'll make a point of asking him how they appear to be holding up.

I would be careful about relying more on the grid. Maintain flexibility on critical systems. Redundant layers may be less efficient but more secure.

Thankfully, I have multiple sources of heat upon which to draw. The bulk of my space heating is provided by my ductless heat pump and I have an oil-fired boiler and indirect hot water tank. The boiler is wired to a backup generator and running this generator one or two hours a day during an extended power cut would theoretically provide me with all the heat and DHW I need. I also have in-floor electric radiant heat in various rooms and four propane fireplaces. As a rule, I try to keep a minimum of 500 litres of heating oil, 300 litres of propane and 40 litres of stabilized gasoline on hand at all times. I also keep two 20-pound BBQ sized propane tanks in reserve, plus I can steal another 80 to 100 litres of gasoline from the two Chryslers if need be.

Fuel oil is selling locally for $1.00 to $1.20 per litre or upwards of $4.50 per gallon; at 82% AFUE, this translates to be $0.137 per kWh(e). Electric resistance is currently $0.1067 per kWh and my ductless heat pump provides heat at effectively $0.043 per kWh. Propane now retails for $1.25 per litre/$4.70 per gallon and so its cost per kWh(e) is in the range of $0.29 when burned in a gas fireplace (typically 60% AFUE). Needless to say, under normal circumstances the least costly sources are used first. In the event of an emergency, I would utilize electricity when available, followed by fuel oil and then, lastly, propane. I have a propane cook top, so my intent would be to conserve my supplies of propane to the greatest extent possible. Barring equipment failure and a complete loss of grid power, I would expect to have enough fuel to comfortably see me through an entire winter and maybe even two [my total space heating requirements are roughly 12,500 kWh or 42.5 MM BTUs per year].

Cheers,
Paul

Thanks to all for the additional suggestions and comments. Will seek out the additional support recco's

Substantial improvement in essential cheap solar cell process

A cheap alternative to silicon solar cells can be found in dye-sensitised solar cells. This type of cell imitates the natural conversion of sunlight into energy by, for instance, plants and light-sensitive bacteria. Annemarie Huijser has succeeded in substantially improving a process in this type of solar cell, which is similar to Grätzel cells.

http://www.physorg.com/news125229543.html

Hydrogen Technology Fuels South Carolina Project

Air Products mobile hydrogen fueling technology has been placed into service for a hydrogen fuel demonstration project in Aiken County, South Carolina. The fueler is providing hydrogen for a hydrogen-powered internal combustion engine pick-up truck which is being used as a development, demonstration and educational tool in coordination with a program involving the Aiken County Economic Development Partnership.

http://nytechnology.net/archives/47-Hydrogen-Technology-Fuels-South-Caro...

Petrosun to Start Commercial Operation of 4.4 MGY Algae Oil Plant

Texas algae farm will commence operations on April 1, 2008 as PetroSun's initial commercial algae-to-biofuels facility. The current algae farm consists of 1,100 acres of saltwater ponds that the company projects will produce a minimum of 4.4 million gallons of algal oil and 110 million pounds of biomass on an annual basis. The company has dedicated 20 acres of ponds for a proposed algae derived JP8 jet fuel research and development program.

http://thefraserdomain.typepad.com/energy/2008/03/fyi-petrosun-to.html

Biofuels: a solution that became part of the problem

But the alarm expressed yesterday by Professor Robert Watson, the government's highest-ranking environment scientist, that the headlong pursuit of biofuels could accelerate climate change, is the latest in a series of comments from senior figures that have shaken Whitehall.

Both Watson and the former chief scientific officer, Sir David King, have joined the chorus of those calling for a key "sustainability" clause to be introduced to ensure biofuels do not compound the problem by competing for land with staple food crops and speeding up deforestation

http://www.guardian.co.uk/environment/2008/mar/25/biofuels.energy

We need more nuclear plants to avoid blackouts, say German power chiefs

His comments echo similar warnings from Jürgen Grossmann, his opposite number at RWE, Germany's second-biggest energy group. Grossmann said that blackouts could occur as early as this summer because of problems with wind power and cooling difficulties in other power plants. RWE estimates Germany could face a 30GW power gap by 2015.

http://www.guardian.co.uk/environment/2008/mar/24/nuclearpower.energyeff...

Prototype completed for new ZAP electric truck

In the latest news from electric vehicle specialists ZAP, a running prototype has been completed for the low-speed, 770 pound payload ZAP XL Truck ahead of expected delivery of the vehicle in Q3 2008. Reservations are also now being accepted for the much anticipated, 100mph, 3-wheeled Alias highway electric car which is expected to hit the market next year at a cost of USD$32,500.

http://www.gizmag.com/zap-xl-electric-truck/9039/

"Prototype completed for new ZAP electric truck"

This would be a great replacement for my old Nissan pickup, but I checked out the brochure at Zap's website, and the truck has "speeds up to 25 MPH." In the U.S., at least, it's hard to see this as practical for anything other than as a service vehicle on a college campus or the like. Where I live, I'd probably get rear-ended, even if driving in a school zone.

I used to drive an electric milk float, and certainly could not have sped along at 25mph!
10mph, if you were very lucky, is more like.

I just let others drive around me, and if rear-ended they have to pay anyway.

Here in the UK on narrow, winding country roads a tractor can cause a procession of vehicles behind them, so I wouldn't worry about solving other people's driving problems - just drive the car or truck you are in, at whatever it's capabilities are.

It might be worth it to stick a notice on the back, saying that you are electric, that is why you are slow.

'I just let others drive around me, and if rear-ended they have to pay anyway.'

Things are a bit different here. People carry guns, leagally, and if they get ticked off they sometimes use them. It's not uncommon in road rage incidents for drivers/passangers to exchange fire from their vehicles. At times the angered drivers will pull over and continue the shoot out on the side of the road. If they run out of ammo, they fight with fists or whatever comes to hand.

If a road enraged driver saw a sign that said 'battery powered vehicle' he/she would probably think of the energizer bunny and immediately speed up to flatten it. That energizer commercial was particularly long lived and annoying.

The rest of the world seems to think that the spirit of the old west is gone from America. Not true. We are just as, narrow minded, ornery, self centered, and easily infuriated as the gun fighters of the past. 'Cut me off you butt-head? I'll fix your wagon!'

Once when leaving DC late at night in my VW I was caught in the tunnel between a Caddy and an Olds, each driven by guys dressed like pimps. They were both holding their pistols out the windows, firing at each other. Fortunately for me, pimps are notoriously bad shots and I was not hit. I don't think they hit one another, either. :)

'The Spirit of the Wild West' , alive and kickin' in Reagan-town.

Just for another perspective, I lived in Manhattan for 19 years, and never heard a shot.. well maybe once in Brooklyn.

Bob

River, that was really good. I enjoyed it.
Do you have a literary agent?

Solardoc, glad that you enjoyed it. No, don't have an agent...just a lot of stories gleened from an interesting life.

Which reminds me of the time I was teaching a class of Automatic Train Control students at WMATA the fine points of replacing a trailed switch. Alanfrombigeasy will certainly know what a trailed switch is but for all interested: a trailed switch is one that has been run by a train 'against the switch' and against the red aspect of a signal. Usually the train goes on the ground and must be cleared by a cranetrain and the switch has bent internal parts that need replacement. Normally switches are trailed at crossevers at interlockings so train speed is minimal and no one aboard is injured.

Anyway, I was instructing about six students near the Brentwood Yard near a tunnel entrance when a big car stopped on the overpass above us. Yep, they peed in our general direction, then they lit up a hooter. While lounging above us smoking they took out what I believe were .25 cal autos and began shooting at us. We dived behind a cast iron signals box untill those guys tired of the game or ran out of ammo.

Just another day at WMATA in DC. None of us were hit so we didn't bother to report the incident. I was always happy when the home office would call and tell me to take my crew and go fix a problem at BART or MARTA or anywhere to get a break from DC.

This, it seems, makes gun play seem sorta superfluous when a ton or more of steel, vinyl and rubber can do the job quite nicely, thank you very much.

"According to the U.S. Department of Transportation, approximately 250,000 people have been killed and 20 million motorists injured in traffic crashes between 1990-96. The U.S. DOT estimates that two thirds of fatalities are at least partially caused by aggressive driving.

A study by the AAA Foundation for Traffic Safety that included reports from 30 newspapers, a review of insurance claims and police reports from 16 cities revealed the following statistics among 10,037 occurrences between 1990 and 1996.

10,037 incidents of aggressive driving
218 deaths
More than 12,610 injuries"

Jeff

When I looked at that and figured that's 36 (more or less) deaths a year over 6 yr.s, with how many millions driving is probably statistically insignificant, unless you talk to the relatives, friend and co-workers of the stats.

Yes, the incident with the gun fighters reminds me of my years in Chicago. We heard guns often. Once I saw people fleeing from a McDonalds in my neighborhood where someone "was shooting"! Of course everyone outside the McDonalds had to dash away too. It wasn't a crazy person, just an ordinary dispute among the locals.

How happy I was to emigrate to a country where guns are illegal!!

River;
I grew up in the DC area, and indeed, in the late 80's I was employed as an EMT-Paramedic with DC Fire. Most nights I could hear all manner of gunfire from the firehouse (I worked in Anacostia), and of course, when someone was shot (which was all the time) my colleagues and I would jump in our emergency vehicles and rush to the scene. As you would imagine, the vast majority of those I took care of were rival pharmacuetical sales reps settling disputes over maketing with 9mm pistols. And yes, they typically were not very good shots, but due to the large capacity magazines their weapons were equipped with, they were usually more than able to make up for their lack of skill by firing many rounds in a rather promiscuos manner. I do not have fond memories of those days.

SubKommander Dred

What a stupid remark, anyone who went through the trouble to get a CC permit wouldn't be so stupid. That is why this stuff only happens in the Peoples republic of California, where everyone thinks a BB guns should be illegal. Try your local gangbanger for a source of the bullets, not your local law biding NRA members.

An armed society is a polite society....Heinlien

An armed society is a polite society....Heinlien

My travels have led me to believe quite the opposite.

There are a few states left where you can conceal carry all day long without a permit if you stay out of towns and mining camps.

Open carry OK most anywhere if you stay away from schools, government buildings etc. Open vehicle carry OK if in plain sight of the trooper when he pulls you over.

A few years back there was a bit of a ruckus down in Pinedale when a newcomer got into the town government and tried to introduce an ordinance prohibiting guns in saloons. The locals rose up in righteous indignation and got rid of that fella. I heard he was from California.

Its relentless though. We are slowly getting gentrified out here with creeping suburbia and trophy McMansions springing up in the foothills out back. Its getting to where you can hardly step outside and bust a few caps anymore. My neighbor still runs his cattle up the highway to the high country every spring and back down in the fall.

Yep, there are still real cowboys out here. Don't know how much longer they can hold out with the price of feed though.

Some time ago, one of the local boys got a job at the CENEX refinery. He got into a spat with his girl friend over another man. One Saturday after getting off work on the second shift, he decided to try and make up with the girl friend and drove his pick-up over to her mobile home. He found a new Harley parked in the drive way. It seems that the girlfriend was entertaining another gentleman.

He drove back home, put on his cowboy outfit, got his Winchester Model 94, saddled up his horse and rode back to his girl friend's
mobile home.

He rode up to the Harley still in the driveway, and discharged a full magazine into the motorcycle. Well, a 30.30 is not the most powerful cartridge but at close range it got the job done. He rode off into the night a satisfied man.

The Sheriff got him the next day. I think he got off on probation with promise of restitution for the dead Harley.

Honest. These are true stories.

Does anyone need a McMansion? There are some in the foothills out back that have been marked way down.

DaveMart

Just getting back to you on your question about my brothers' store in Bristol who was also a milkman who drove an electric truck. The store was Where The Wild Things Are. His name is Bill Street.

Hey, that was in park Street, wasn't it?

I have certainly seen it, can't place where at the moment

No, that was on Ambra Vale

new ZAP electric truck" ... "speeds up to 25 MPH."

Which just re-enforces my thinking on the amount of 'power' behind snow moving EQ - just to keep roads cleared for things like cars or emergency EQ.

How willing will citizens be to have roads (that lack personal cars) maintained? With Tax loads VS spending what they are - what will be breaking points?

Eric:
Good point. The school board I work at is $300,000 in the red this year with the snow removal budget. We had a record year. We had several freeze thaw cycles, record snow. Frost heaving, salt and ploughs have totaled our roads. Climate, declining FF availability and increased costs for fuel and materials, and depressed tax revenues from a pronounced recession may cause a serious reduction in the quality of our roads.

I am starting to believe we may experience a death from a thousand cuts; electrical grid, transportation , municipal water and sewer system degredation.

You might want to read this at Wired Magazine.

Pete

Your link utterly crashed my high hopes of owning one of these things.

I wanted the truck, and I was going to put a "pipe-rack" style solar collector over the entire roof area of the truck.

I was already expecting the solar panel alone to provide all of my minimal needs as a retiree wanting quickie trips to WalMart, grocery store, and church.

Thanks for the link. Its much better I find out this way than AFTER I had the experiences Wired reported.

Although I would love to design an electric car of my own using SEMA motors, Lithium LIPO batteries, and solar cells, the R&D costs for doing this is just out of my budget.

Seems a shame because the technology does not scare me in the least. I fear that I am no different than the bicycle inventor that got kicked out.

Its been my experience in the Aerospace sector that when big money arrives on the scene, the people who actually do the detail work that make the product work are expended so they can have more money to pay the people who laid them off. From then on, the company is all salesmanship and presentation skills; all tie-guy work. The tool-guy is gone. Laid off. Retired.

Although I would love to design an electric car of my own using SEMA motors, Lithium LIPO batteries, and solar cells, the R&D costs for doing this is just out of my budget.

If you just want a car, as opposed to a truck, it has already been done for you:
http://www.gizmag.com/ukp14000-thnk-city-electric-car-ready-for-showroom...
UKP14,000 TH!NK city electric car ready for showrooms

These guys, a spin off from Ford, with considerable input from Porsche in production, are a lot more serious than ZAP

Mitsubishi is building a model for the Japanese market:http://www.autobloggreen.com/2007/10/14/mitsubishi-imiev-gets-20-30-percent-more-range-from-new-battery/
Mitsubishi iMiEV gets 20-30 percent more range from new battery - AutoblogGreen

BMW is also thinking about an electric car:

http://www.guardian.co.uk/environment/2008/mar/19/travelandtransport.car...
Battery-powered car on the cards for BMW in bid to cut emissions | Environment | The Guardian

In my opinion, the best bet for personal transportation investments, considering peak oil and the inevitable decay of our roadways is Zero's new S model. A fully electric, street legal, indestructable motorcycle available next month.
http://www.zeromotorcycles.com/
Around $8k with a lithium pack.

Wow,
It's something watching the demo videos at that site. I've been predicting that electric vehicles are going to have sound systems built onto them just so you can hear the damn things coming.. you just find the samples from your favorite Turboprops, Starfighters or MuscleCars, and pimp your sounds out a little!

The article about Germany needing more nuclear plants is scary.

According to the article, current electrical capacity is 84GW (since nuclear capacity of 21GW is 25% of the total). If there is a 30GW gap by 2015, that is 36% of current capacity. (Hopefully, the article or my calculation is wrong.) Earlier in the article it talks about a gap of 12 to 21 GW, which I am interpreting to be a current shortage.

The article doesn't explain the problems, other than the short statement quoted above saying "blackouts could occur as early as this summer because of problems with wind power and cooling difficulties in other power plants."

EdF needs to start building more nukes on the Rhine ASAP !

And Poland too, on the Oder !

Can the Czechs be talked into building a handful as well ?

Alan

Build nukes on the Rhine and Oder? What a top suggestion. Perhaps you missed the bit in the article about the problems posed by water shortages in summer? Do Germany's rivers await the same fate as that of the once splendid Rhône.

Some people don't like rivers that are 30 degrees centigrade, some people like to swim in the rivers or catch fish in them - ones that can actually be eaten. New nukes are (for the time being) a non-starter in Germany anyway. There is no public support and huge organised opposition - two reasons for which are stated above.

BTW, what is the situation with the Kashiwazaki and Kariwa power plants? Anyone? There's deafening silence from the pro-nuke crowd on these topics. It would be a breathe of fresh, non-radioactive air to hear the grave shortcomings of existing nuclear power highlighted and then an outline of the opportunities for improvements afforded by future technologies.

BTW, what is the situation with the Kashiwazaki and Kariwa power plants? Anyone? There's deafening silence from the pro-nuke crowd on these topics.

And how many deaths were caused? None? How many have died providing the coal which Germany has in practise fallen back on as the alternatives are just fooling around at the fringes?

Do you think renewables cause no fatalities?
http://nextbigfuture.com/2008/03/deaths-per-twh-for-all-energy-sources.html

Rooftop solar power is actually more dangerous than Chernobyl.

There is no perfect energy source. Get over it.

Nearly 60% of the energy produced in a thermal (gas, coal, oil nuclear) generation plant is rejected into the cooling water. Thermal pollution.... higher water temperatures, lower oxygen content, algea bloom. I think he has a point.

I agree that thermal output should be minimised.

What I find unrealistic is the demand that all problems should be solved instantly.

By and large, nuclear power has been used to replace coal burn, which uses just as much thermal cooling and also churns out far more pollutants, including mercury, which has a half-life of forever.

What is more, there are real prospects of greatly improving the thermal efficiency of nuclear plants.

There is also an argument that, at least in France, the ecosystem is already adapted to some level of heat input, and that a reduction might actually cause damage, although I agree that in drought conditions care needs to be taken - France went a bit cheap on designing their cooling in some of their plants.

The problem is much reduced in coastal sites, due to the shear volume of water available to dilute the heat.

It is the presentation of very containable issues as show-stoppers which I find disingenuous, and often arises because the person who is making the argument already has a prejudgement regarding nuclear power, and will use any stick to beat the dog - in reality, if no thermal pollution happened at all, then for some their prejudgement would not alter in any way.

So yes, thermal pollution is an issue, but no more than for coal, and is very addressable.

I wasn't arguing for or against nukes. I was trying to make the point that all types of thermal generation require a cooling source. usually a local lake, river or ocean. Either way 60% of the heat from the fuel is rejected in the cooling water. There are no ways to change the laws of thermodynamics. What we can do is ensure that there is a use for the waste heat. Combined cycle plants use that 60% to create a hot water loop for district heating and absorption cooling loops. Maybe one part of the solution is to legislate that all new thermal plants must be combined cycle with minimum efficiencies. 30% isn't good enough in the age of peak everything.

It is not really any problem for nuclear plants to use all the energy.

They could easily and safely be buried 100meters down under cities - a very secure location for them, and the cooling water could be piped to the city - of course, even though the risk is then way reduced even from present very low levels by underground location, whose extra cost would be offset by the nearly 100% efficiency obtained, Greenpeace and so on would try to spread panic.

It would not surprise me though to see such a system used in China, for instance.

As Charles said though, nuclear should be able to reach a thermal efficiency of around 60% anyway.

Rooftop solar power is actually more dangerous than Chernobyl.

Right, Cuz when there is a failure in rooftop solar power, many people have to abandon their property and have their lives shortened via toxins released into the environment.

There is no perfect energy source. Get over it.

Oh? So that makes any failure modes OK?

You engineer for as much safety as possible.

The original post did not distinguish between some kind of breach of the actual containment vessel and a relatively minor release.

Equivalent leaks have happened at chemical and oil plants time out of mind.

To demand perfect safety for the nuclear industry is just a fancy way of ruling it out, and you can't guarantee perfect safety from renewables either.

You are still dead if you fall off a roof.

In the West, the nuclear industry is not perfect, but it is about the safest energy production system ever built.

Anyone who works on a roof without fall protection is asking for a Darwin Award.

http://www.darwinawards.com/

E. Swanson

Right, because the danger is being 'offshored' to your grandkids..

Radioactivity decreases enormously after the first 40 years.

The bits that hang around aren't very radioactive - that is why they have long half-lives!

Yep, there is some nasty stuff in nuclear waste, and in my view we should develop reactors which will burn it, but compared, say, to the coal industries output of mercury, which has a half life of forever, you are not talking of huge amounts or levels of waste - and we know how to further improve it.

There are maybe a half dozen isotopes which one should be concerned about. They have half-lives from 12 to 50 years or so. But unfortunately humans have a short attention span.

What's the fate of all that radioactive crap from the bomb projects of 60 years ago? When did it stop being radioactive? When did the DOE start publishing site surveys and such so you can know and avoid it?

I don't know...I looked at that link you posted on deaths/TWh and the methodology (as one commentor pointed out) was pretty badly flawed, and the conclusions therefore dubious. There is also a huge difference between rooftop and ground-mounted installations, which are not broken down.

It did occur to me that it's not really a fair comparison anyway. Nukes have arguably the most well-developed safety standards of any energy technology. Whereas the solar cowboys I've worked with on roofs regularly take lots of risks, many of them avoidable, in an effort to speed things up and keep the installation costs down. It takes time to tie off, it's awkward to work in a harness, the ropes get in the way of moving around on the roof, it's time consuming to set up scaffolding, it's expensive to rent a lift instead of using ladders, etc. etc. All of the risk is on the contractor, and successful shortcuts go straight to his bottom line. And there are hardly any applicable laws to ensure safe practices.

Whereas the risks of nuclear are broadly shared and in some part externalized, the standards and practices are highly regulated, and so on.

I am sure Brian will be very happy to seriously consider any mistakes he has made in methodology, if you comment on his site, or alternatively you could list them here.

I did not look in detail at the workings, as the basic fact is that in the West at least the nuclear industry has been very safe, and that some level of risk is involved in any human activity.

The risks of nuclear energy seem to me to be grossly exaggerated, and in practise we have carried on burning dirty, dangerous old coal, at God knows what cost to the environment both in deaths and in global warming consequences.

I'd point out that even the deliberate dropping of nuclear weapons on Hiroshima and Nagasaki did not result in some kind of dead zone, both are thriving metropoli.

I am sure Brian will be very happy to seriously consider any mistakes he has made in methodology.

In the comments thread, he dithered about answering the methodological questions, and then finally admitted that he simply couldn't find the finer-grained data that would be necessary to buttress his conclusions.

Fair enough, serous and well-founded critiques are always welcome, and I will take another closer look, and not reference it again if it seems that there are serious issues.

I can't conceive that the basic case is incorrect though - I used to work on buildings, and as soon as you are at height, particularly in a relatively unstructured environment, say some guy has snow on his roof and thinks he will 'just pop up to sweep it off' his solar panel, the accident rates are huge.

The kitchen, for instance, is a lethal place, and traditional indoor fires in the third world mass-murderers.

It is the complete disproportionality of the way many people look at the risk from nuclear energy that gets me - the public is being gulled by people who know better with alarmist nonsense, led by Greenpeace.

To demand perfect safety for the nuclear industry is just a fancy way of ruling it out, and you can't guarantee perfect safety from renewables either.

I am not demanding perfect safety - I ask about the failure modes.

You seem to not understand.

If a PV panel 'fails' - who is hurt and for how long?
If a wind machine tosses a blade - who is hurt for how long?

Fission plants have a demonstrated history of expensive failure as man can not build or manage a machine without breakage.

Topic Switch -
You are railing about Mercury - a fine heavy metal. Why not the same passion over Uranium?

You can easily kill yourself attempting to clean a roof mounted anything, including solar panel.

How many have actually been killed by nuclear power in the West, compared to, say, the chemical industry?.
What is the 'failure mode' of an aircraft, since they killed 2,000 in the World Trade Centre? Should we give up flying because of it?

Would you refuse to fly ever again because at one time a design which is no longer in use crashed?
There are far, far more proven deaths from air crashes than nuclear power, you know.
Why are you applying different standards?

I certainly agree about uranium - the coal industry just distributes it over the landscape in it's emissions.

How many have actually been killed by nuclear power in the West, compared to, say, the chemical industry?.

I see. You are now going with 'dead' as unacceptible harm. Millions have been effected by Depleted Uranium - either Dead, maimed, or poisoned with heavy metal that has been airsolized. The Depleted Uranium comes via the desire for man to concentrate Uranium to then release energy.

Life being shortened or increases in cancer does not matter in your eyes - good to know where you stand in the matter.

What is the 'failure mode' of an aircraft

Air craft failure modes are like wind turbines as once the physical material of said item looses its physical velocity, said material leathality drops WAY off.

You have admitted that the radioactive material is dangerours for YEARS after a fission plant failure.

Would you refuse to fly ever again because at one time a design which is no longer in use crashed?

Is this supposed to be some sort of logic that is to be applied to fission reactors?

There are far, far more proven deaths from air crashes than nuclear power, you know.

Bullshit. The US Military has many, many video tapes of killing via DU rounds. *I* lack access to them, but with tons of DU used, the odds favor DU.

Why are you applying different standards?

I am not applying different standards. But you have made the claim, now man up and *PROVE* your claim.

A glove slap in a little old face will
Get you satisfaction.
Glove slap ba-a-beee ...
(Glove slap, baby)
Glove slap, baby, glove slap!
Glove slap, I don't take crap!
Glove slap, shut your big yap.

You have been challenged Davemart. Response at dawn, 10 paces. You can select the keyboard to be used.

I see. You are now going with 'dead' as unacceptible harm. Millions have been effected by Depleted Uranium - either Dead, maimed, or poisoned with heavy metal that has been airsolized. The Depleted Uranium comes via the desire for man to concentrate Uranium to then release energy.

References please, and from respectable sources like the World Health Organisation, not some nutters at Greenpeace.

from respectable sources like the World Health Organisation

In August 2002, the UN published a report which cited a series of international laws and conventions breached by the use of DU weapons, including: the Universal Declaration of Human Rights; the UN Charter; the UN Genocide Convention; the Convention Against Torture; the four Geneva Conventions of 1949; the Conventional Weapons Convention of 1980; and the Hague Conventions of 1899 and 1907 which all forbid the deployment of “poison or poisoned weapons” and “arms, projectiles or materials calculated to cause unnecessary suffering”.

http://www.mindfully.org/Nucs/DU-Medical-Effects-Mar99.htm
The purpose of this work is to present an outline of the metabolic pathways of uranium isotopes and compounds, medical consequences of uranium poisoning, and an evaluation of the therapeutic alternatives in uranium internal contamination. (over 100 references cited in the link)

This was after 4 minutes with a search engine. So the information is out there.

Doug Rokke used to have the job of dealing with DU for the military
http://www.google.com/search?hl=en&q=+doug+rokke&btnG=Search
(that was 8 mins)

Now I've asked *YOU* to prove *YOUR* claim upthread. You gonna man up and do that? I doubt it, what with a morally bankrupt position. But come on, *PROVE* me wrong. *PROVE* your claim like I asked you to do in the previous post.

not some nutters at Greenpeace.

You don't like an answer - so you go for the name calling. Tis fine, just making sure you are called out for it.

That hardly proves your contention of millions of deaths.

I am also confused as to what you are asking me to prove.

There are far, far more proven deaths from air crashes than nuclear power, you know.

Bullshit. The US Military has many, many video tapes of killing via DU rounds. *I* lack access to them, but with tons of DU used, the odds favor DU

Er...that is what is known as a 'war' - a lot of people there were killed with good old fashioned bullets too.

I was under the impression that what we were discussing was the construction of civil nuclear reactors.

I was under the impression that what we were discussing was the construction of civil nuclear reactors.

Really? Yet you keep talking about people falling from roofs and Mercury from smokestacks. Or airplanes.

My understanding was the harm from fission power cycle is up for discussion.

I can see why you would want to restrict the discussion that way your losing position is not discussed.

Pointless discussion then, if you wish to confound warfare with power generation.

Do you disapprove of air travel then, as aeroplanes have been used to bomb people?

Or water, because some people have died swimming?

I certainly agree about uranium - the coal industry just distributes it over the landscape in it's emissions.

GREAT! Now, how about that Depleted Uranium that gets made into airsols via the military....I note your lack of public concern over that.

I am not demanding perfect safety - I ask about the failure modes.

Or a dam busts... oh whoops.

The French have one plant already at Fessenheim and the Swiss have a couple of nukes on the Rhine already.

Just build some more, and export any unneeded power to Germany across the river.

If the water gets too hot (river flow too low), then just shut the reactors down and let the Germans sweat in the dark.

Some people don't like rivers that are 30 degrees centigrade

But we do in Louisiana :-)

Alan

The fact that the European grid is a lot more interconnected than I had known raises my hopes for a more rapid resolution.

Grid failure in Germany caused outages in France, Italy and Spain.

If their neighbours won't get serious about building some nuclear power, or take their time, it seems to me perhaps likely that the
French will build additional plants on their own soil, as the problem will affect them.

It would be the water for coolant that makes me more doubtful, but coastal sites are available and I believe that reactors can be designed to be more economic of water, although that is presumably a major redesign.

Perhaps it could be combined with pumped water storage and dams, which would also help.

I think the 30 GW gap figure includes the decommisioning of current nuclear plants, while the lower figures do not. That being said, I live next door to the Germans and have never even heard of brown-outs in Germany. The difference between 12 and 21 GW is probably due to their calculating wind energy at 0% capacity (i.e. no wind for the higher figure).

Problem is, they are talking about 'cooling-related powerdowns'. Nuclear power plants are considerably affected by cooling-related powerdowns. This is a well known problem all over the world. So putting in more nuclear power plants doesn't actually solve that problem. Funny thing isn't it, that nuclear power is ALSO affected by the weather?

Thanks! I live in the Atlanta area. Much of the talk you have heard about the water shortages in the Atlanta area really relate to the need for water for power plants. If we only the people and crops, we would have enough. It is the heavy use of water by power plant that causes the problems.

Here is some more information on problems in the European grid:

Building new power lines in Europe is an extremely diffi cult undertaking, anyway. “It takes ten to 15 years to construct a line,” says Wolfgang Kerner, policy officer at the European Commission. Of 32 grid enlargement projects given highest priority by the EU in its TEN-E programme, planning for half of them is delayed by two to four years, says Kerner. The problem is practically zero acceptance by people of new power highways in their neighbourhoods.

And:

In reality wind energy was not even taken into account in plans and studies for enlarging border-crossing electricity highways. “Wind power has not yet had a strong voice,” says Frans van Hulle, senior technical advisor at the European association, EWEA. He says that the initiative of the EU Commission to build a trans-European network for energy (TEN-E) so far looks only at the increasing trade streams but not the growing feeding in of wind and other cleanly sourced energies.

And yet by EWEA estimates 180,000 megawatts (MW) of wind power capacity alone are to be connected up in Europe by 2020, 70,000 MW of it generated offshore. Because most maritime wind power parks are far from the big consumption centres, the load flows will change dramatically in future. Whereas Germany has calculated in detail the additional need resulting from wind energy expansion up till 2015, in the grid study of the German Energy Agency, Dena (see page 18), at the European grid level reliable data are lacking.

http://www.newenergy.info/index.php?id=1348

The current networks, Maurer said, are not equipped to deal with much more power being injected from new wind energy parks. Europe runs roughly 70 percent of the world's wind energy generators, with more parks -- especially off-shore -- to be installed in the coming years.

"We can't put much more strains on our grids," he said. "We need to expand the grids and we need to ensure that such is done (in a) timely (fashion)."

http://www.upi.com/Energy/Analysis/2006/11/10/analysis_european_power_gr...

This couples with the present German plans to retire their nuclear power - IOW if renewables are used then it will not be possible to build the required grid capacity in the time involved.

German energy policy has long been based on a fantasy of what is possible in a cold northerly country, and in spite of the electricity rates at one of the highest in Europe, still is effectively choosing coal over nuclear, with all the implications that has for climate change.

The rest is vastly expensive window-dressing, conservation excepted.

It is time reality was taken into account.

Cold weather can also cause problems, as well as hot:

A UTC Power PureCell™ 200 fuel cell unit in Dinslaken, Germany, continued to operate and supply electricity despite 75 grid disturbances that occurred because of a sudden winter freeze in parts of northern Germany prompting power to be cut off over the Thanksgiving weekend.

http://www.utcpower.com/fs/com/bin/fs_com_Page/0,11491,075,00.html

Does anyone else thing the Petrosun story is fishy? The April 1st thing was one thing that triggered my BS alarms (possibly a press release joke). But even if that wasn't intended, the company is a penny stock, and such companies seem to routinely make fantastic claims. I don't know the story behind this one in particular- I guess my point is that the whole story is fishy.

This was also posted this yesterday and I posted this in response

What about Petrosun?

I wrote this article because readers wanted to know about Petrosun Drilling (OTC:PSUD), an oil exploration company that has been promoting their algae biodiesel efforts since September. Other than Petrosun, the only public companies I know of which are seriously looking into algae based biodiesel are large conglomerates: Boeing (BA), Chevron (CVX), Royal Dutch Shell (RDS-A) and Honeywell (HON), which can take the long view and have large research budgets to finance their efforts for as long as it takes. If you click through the company names to the news stories, you will note the common theme: These are all research stage projects.

Petrosun has not filed even an unaudited quarterly report since March 2007. Given that it is also promoting exciting technology, I detect the whiff of snake oil salesmen. Although readers are clearly interested in this company, until they begin to file current information, I don't consider it worth my time to investigate further. Petrosun's main product is much more likely to be snake oil than algae oil.

One of the biggest problems with algae for fuel is contamination issues. Energy recovery from target species negated by filtering costs, theoretical yields can not be achieved if contaminant species are consuming energy and nutrients.

With no word on these issues, and yet a boast of thousand acres of open, salt water ponds tells me they are fishing with a rusty, bare hook.

Yup the Petrosun story has just about pegged the BS meter.

For one thing, why would any prudent business start commercial production with about 1.75 square miles of ponds when that sort of scale is not required to prove the concept [and presumably generate positive cash flows]?

A Pathetic Algae-to-Oil Story
I read an interesting article by a professor of mining from Rolla, Missouri (in their alumnae magazine). He was interested in all that cool algae-to-oil technology, and apparently aware of the potential contamination problem. Since he knew all about mining, the solution came to him in a flash: grow the algae underground, in mines!

Of course, you need lights to supply the photonic energy for the algae; the key phrase was something to the effect "I'm sure the electrical engineers have very high-efficiency light sources".

A simple back-of-the-envelope calculation with example photosynthetic efficiencies would have told him any such scheme was doomed to failure. But he never bothered to do the math.

- Dick L

It really doesn't require any more than a simple back of the brain conceptual thought about the Laws of Thermodynamics.

Not that prepetualy motion algea wouldn't be nice...

By a Professor of Mining --"I'm [101%] sure [they,] the electrical engineers have very high-efficiency light sources".

Dick,

Definitely a combination funny-and-sad story.

No doubt this "Professor" has seen one too many sports or business ads about "giving it 110%".

This is another example of the blind spots in our "specialist" oriented society.
Each of us is a myopic cog in a big machine filled with other myopic cogs.
Each of us dreams of a "they" who surely can do X or Y to the 110% level.

If "they" can go to the moon, then surely they can _____ (fill in the blank).

Actually he did and the numbers are not nearly as bad as you might think. I understand (vide the comments on Euan's comments below) that being a mining engineer is rapidly becoming evidence of either total ineptitude or a fixation with being evil, but there are some quite valid arguments for why you might want to go underground. As one example you can maintain the temperature of the culture at the optimal for growth - which is some high lipid varieties is quite narrow - and, I gather, you can also do interesting things with the light that enhance growth but which are not practical on the surface.

The problem with back of the envelop calculations is that they don't include all the variables.

"Peru Tribe Battles Oil Giant Over Pollution"

http://www.commondreams.org/archive/2008/03/24/7845/

"It is a familiar story. Big business moves into a pristine wilderness and starts destroying the environment and by turn the livelihoods of the indigenous people who live there."

I have been looking for a graphic on Saudi production vs exports to illustrate the Export Land Model. Does anyone have a link?

It won't be long before we start talking about the export land model as it relates to coal.

Coal shortage of 66 mt by end of 11th Plan, says CEA

A comprehensive study done by the Central Electricity Authority (CEA) reveals that against the total coal requirement of 448.5 million tonne in 2011-12, indigenous coal availability to power utilities from Coal India (CIL) and subsidiaries during the terminal year is estimated at 382.4 million tonne.

According to the Australian Coal Association, world thermal coal exports in 05 were 566 Mt. India's thermal coal imports in 2012 would be something like 12% of the 05 world export total. By then, allegedly, the U.S. could be vying with Australia to be the world's leading coal exporter. But you have to be wondering how much longer world export capacity can continue to increase with China and India as net importers and U.S. thermal coal demand expanding by more than 2% annually.

Just an aside ;}:

"If this deal is allowed to stand, it implies the possibility of a Federal Reserve bailout of Fannie Mae without Congressional approval."

Is Bernanke really loaning Fed funds? If a bank defaults on paying back these Fed loans, guess who gets the collateral? Transfer of ownership is a sale. At that point it is is no longer a loan; you bought it sucker! Bernanke has overstepped his mandate. Congress spends our tax dollars not the Federal Reserve.

This mess is a little like using battery acid to remove a coffee stain on a white shirt. It kind of works, but it doesn't solve the problem. It only makes it worse."

http://greatdepression2006.blogspot.com/2008/03/tooth-fairy-runs-amok-at...

Look on the right side of the table:
-------------------------------Notice of Sale Amt: $503,088.39
---------------------------------Opening Bid Amt: $370,000.00
-------------------------------------------Sold Amt: $370,000.00

The Opening Bid Amount and Sold Amount are the same. That means no one bid on the property. The bank got it. The difference between the Sale Amount and the Sold Amount (133K) are the secondary liens that have just dropped off the title.

Those 5 trustee sales had over a half a million dollars total, of secondary liens -- up in smoke, on the court house steps. This money was loaned by someone, somewhere. Now it's gone.

San Diego County holds a Trustee Auction and nobody shows up? It kind of makes you wonder about those second trust deeds. How many is Bernanke going to buy?

http://greatdepression2006.blogspot.com/

Congress spends our tax dollars not the Federal Reserve.

The loan will be made from the coffers of the New York Federal Reserve Bank, not the US Treasury. Congress controls spending from the Treasury, not loans by the Fed. The loan will be made at 2.5% against assets of Bear Stearns valued at 30 billion dollars.

NY Fed loan to JP Morgan for Bear Stearns takeover 10 years at 2.50 pct

Who owns the Fed

Technically, the Federal Reserve System is -- more or less -- owned by itself. This has given rise to numerous rumors, urban myths and conspiracy theories about how and where the Fed derives its unique powers.

Since it was set up by the Federal Reserve Act on December 23, 1913, the system has been made up of 12 regional Federal Reserve Banks, which are structured like corporations –- but with a few very important differences. The Reserve Banks issue shares of stock to “member banks” that are part of the larger banking system that the Fed is charged with regulating. But that stock can’t be sold or traded, and dividends are set by law at 6 percent a year.

Ron Patterson

Unless you are an attorney and rendering a professional opinion, I think you've gone beyond what is known about the deal. There are, according to some attorneys, questions about the legality of the Fed bailout of Bear Stearns. Here is an article explaining the legal issues. To quote from the article:

Congress has the power to appropriate resources for such a deal by the representative will of the people – the Fed does not, even under Depression era banking laws. The “loan” falls outside of Section 13-3 of the Federal Reserve Act, because it is not in fact a loan to either Bear Stearns or J.P. Morgan. Bear Stearns is no longer a business entity under this agreement. And if the fiction that this is a “loan” to J.P. Morgan was true, J.P. Morgan would be obligated to pay it back, period. The only point at which the value of the “collateral” would become an issue would be in the event that J.P. Morgan itself was to fail. No, this is not a loan. It is a put option granted by the Fed to J.P. Morgan on a basket of toxic securities. And it is not legal.

Now, I am not an attorney, so I do not have a professional opionion to render. However, it seems that someone (But who? Our impotent congresscritters? Regulators? *sigh*) should take a close look at what obligations the Fed has imposed on the American people, and whether those obligations were legally imposed.

Lets See

Who owns the Fed

Read this part again.

The Reserve Banks issue shares of stock to “member banks” that are part of the larger banking system that the Fed is charged with regulating

Did that guy write that with a straight face???????????

Though Congress set it up, the Fed is not managed like other government agencies. Since it makes a nice living without having to ask Congress for money, the Fed enjoys a level of independence not found anywhere else in our government.

Well, They don't answer to congress or the president. They only have stock holders like JPMorgan Goldman Sach, Several Banks in Europe, No one can "Buy In" to this club. Shares can't be traded or sold.

Boy, don't you feel better having the guy hitting you also there to hold you up?

Read this part again. The Last paragraph. Who's side/sentiment did the article end with to be your last subconscious memory of the subject ??


But there’s a good reason for giving the Fed so much independence. Decisions about the stability of the financial system often require quick decisions in times of crisis. And the Fed is the biggest piggy bank we’ve got. Given the track record of Congress and the White House in managing the federal budget, it’s a good thing they can’t get their hands on it.

This guy at the end says. "Trust JPMorgan and Goldman Sachs, They know what's best for you..."

"Trust JPMorgan and Goldman Sachs, They know what's best for you..."

Of course they do! There's a revolving door between GS, SEC, Treasury, and CIA. If you follow the players, it's all right out in the open. Here's a starter:
Wall Street, The CIA & The Terrorist Attacks, an interview with Michael C. Ruppert with Kellia Ramares and Bonnie Faulkner

"Trust JPMorgan and Goldman Sachs, They know what's best for you..."

The banks are just a money laundering front for the government.

It wouldn't be good for the general public to see the government directly printing money out of thin air. So they have the "banks" do it for them.

Abbra Cadabra. Let the prime descend another basis point.

mcgowanmc,

Thank you so much for that second link; I had wondered why even AAA conventional mtg MBS tranches are getting 70% bids, now I know. As the Mogambo puts it, we are SOOOO doomed!

Errol in Miami

NY Times (03/24/2008 04:36 PM)

M.T.A. Postpones Subway and Bus Service Upgrades

Subway and bus riders are about to feel the impact of the slowing real estate market and Wall Street turbulence. The Metropolitan Transportation Authority has postponed a $30 million package of service improvements that it had promised to riders as a way to sweeten the pill of a fare increase, which went into effect at the beginning of this month.

Snip

But the authority revealed today that the money it receives from taxes on real estate transactions had fallen significantly in February and March.

Gary J. Dellaverson, the chief financial officer of the authority, called the economic outlook “gloomy” and used words like “frightening” and “dramatic” to describe the fall in real estate-related revenues.

So far this year, the authority has taken in $306 million from a variety of taxes on real estate sales and mortgages, $21 million below forecasts. About 15 percent of the authority’s budget is financed by such taxes.

http://cityroom.blogs.nytimes.com/2008/03/24/mta-postpones-subway-and-bu...

http://tinyurl.com/3do3kg

How are we going to build/upgrade the infrastructure when we are collectively and individually totally tapped/broke???

How are we going to build/upgrade the infrastructure when we are collectively and individually totally tapped/broke???

Open Record laws and aggressive enforcement VS those who violate laws WRT the misuse of the public purse? Work Camps? "Manditory Public Service?" Local Currencies for doing local muni work to pay the local taxes?

Raise taxes, reduce consumption, increase spednign on investment and reduce spending on other items (fewer prisons, less military, etc.).

A current lack of political will does NOT make it impossible.

Alan

Alan, have you forgotten that the 'American way of life is not negotiable'? The VP said it so it must be so...

Political will? Here is the political will of the American People: 'A majority of likely voters – 52% – would support a U.S. military strike to prevent Iran from building a nuclear weapon, and 53% believe it is likely that the U.S. will be involved in a military strike against Iran before the next presidential election, a new Zogby America telephone poll shows.' (nuclear weapons is buzz for stopping Iranian oil sales in currencies other than dollars). People that sell oil for other currencies get hanged on occasion...ask Saddam's biographer. The polled Americans really, really, really want their SUVs and McMansions...If a lot more murder and mahem are required, so be it.

And...53% said that America is likely to strike Iran prior to the next presidential election...same poll.

Americans made the entire world aware of their political will by their votes to leave the neo-cons in office for another 4 years in 2004. This is not going to end well.

http://www.zogby.com/NEWS/ReadNews.dbm?ID=1379

US deploys nuclear sub to Persian Gulf

An American nuclear submarine has crossed the Suez Canal to join the US fleet stationed in the Persian Gulf, Egyptian sources say.

Egyptian officials reported that the nuclear submarine crossed the canal along with a destroyer on Friday and Egyptian forces were put on high alert when the navy convoy was passing through the canal. An American destroyer recently left the Persian Gulf, heading towards the Mediterranean Sea; earlier Thursday, a US Navy rescue ship crossed the canal to enter the Red Sea.

The deployment comes as recent reports allege that US Vice President Dick Cheney is seeking to rally the support of Middle Eastern states for launching an attack on Iran. This is while US officials deny that Cheney's Mideast tour is linked to a possible military attack on Iran.

According to the latest reports, in recent months a major part of the US Navy has been deployed in and around the Persian Gulf. The fleet is armed with nuclear weapons and cruise missiles and carries hundreds of aircraft and rapid reaction forces.

link

... the 'American way of life is not negotiable'? The VP said it ...

To not negotiate is to negotiate poorly.

And I don't think this is going to end well, either.

I really laughed about this when I saw it in the food store this morning:

Fly me to the moon . . . in 2029?

Private flights to the moon may be available to non-scientists "by the end of the 2020s," a NASA official said in London yesterday.

Are these the same NASA "officials" who say we are heading for catastrophe due to climate change?

No. NASA has many different teams, some of whom work on climate change issues.

2029 is a technologically feasible timeframe, I assure you. What makes the scheme less feasible is PO. We simply won't have the excess energy to be building (and fueling) these spacecraft, nomatter how much money some rich tourist has.

New news:

NASA is being sold to China. For $150 billion, I think.

Partly as a goodwill gesture. For when we boycott their Olympics.

"If the investment company's assets turn out to be worth less than the principal and interest due the Fed, then the Fed's loan won't be repaid. If its assets appreciate, J.P. Morgan gets paid out, and the rest belongs to the Fed. The only significance of the "interest rate" would be if, as the fund unwinds, asset values are high enough to make only a partial payment to J.P. Morgan. In this case, the interest rate would help determine the split between the Fed and JPM.

Huh? So, if the value of these SIVs don't rise, JP doesn't pay back? What the FFFFFKKKKK???? They only pay us if the funds make them money? Eh? Talk about a deal! Wow. So, if we did this to homeowners, they don't pay the banks back on their mortgages unless and ONLY if the house goes up in value? I once lost $100,000 in a deal during a down market. Perhaps the government should give me back this money with interest. Why should I take any hits like that? Everyone who loses value on their house should stop paying, right? HAHAHA. Talk about bankrupting an entire system!"

World dynamics now come back into play: Russia likes rising commodity prices. Russia wants rising commodity prices. Europe, Japan and the US don't. Except the foolish US is no longer a value-added nation, we are a COMMODITY EXPORT nation! So we should want higher commodity prices! Only we import huge amounts of oil so we need low oil prices but high farm prices! We are insane, of course. Once again, the Horns of Dilemma rear their ugly points.

http://elainemeinelsupkis.typepad.com/money_matters/

Mac, here is a link that you might already have but if not you might find interesting.

This person (Genesis) is an active trader, commodities mostly, I think...and, he/she is really ticked at the sehnanigans at the Fed, BS, GS, et al. Title of yesterday's entry?

'The Insanity of Bear Stearns / JPM Continues' Below are some other recent entries...

Articles of Impeachment? Bear Stearns Buyout Illegal...
Why Dick Bove (And Market Callers Like Him) Are Wrong...
Dick Bove, Bear Stearns, And Controversey...
"The Fed Will Do Whatever It Wants" and RAISE CASH...
The Truth About Our Financial Problems In America...
Insanity In Our Capital Markets...

http://market-ticker.denninger.net/

Hi JR, I live in El Paso, Texas, and about 100 miles to the north of here (in New Mexico) is the site for Spaceport America. Largely the brainchild of Sir Richard Branson (of Virgin Airlines fame), the Spaceport is supposed to be a commercial venture offering high-priced joy rides into space. That's "inner space", as opposed to "outer space".

So far, they've made two unmanned launches: the first one crashed. The second flight was deemed a "success", mainly because it didn't crash on lift-off - rather, it successfully reached an altitude of 60 miles before crashing back to earth. That "successful" flight was almost a year ago, and nothing has happened since.

No manned flights have yet flown, and none have advanced beyond the drawing board. The "commercial" venture has been begging the New Mexico state government for funding, which has not been forthcoming. If it ever does fly, the space plane will offer the well-heeled an opportunity for a 15-minute joy ride to an altitude of 60 miles for a mere US$200,000. The planned space toys are "suborbital" - they will not be capable of reaching Earth orbit, let alone the moon.

As things now stand, Virgin Airlines will be lucky if it can keep flying the London-New York route at a profit, let alone offering space adventures.

So far, the chief "benefit" of the Spaceport has been to help raise real estate prices in nearby Las Cruces, New Mexico, where realtors will breathlessly tell you how the Spaceport and its alleged financial "spin-offs" will cause a local economic boom.

Yea, I saw this on Discovery a while back. I laughed then too. I recall in the 1960's being told that by the year 2000 we will be getting to work in our own private flying cars. I'm still waiting for mine. By 2029 few will be flying anywhere, except military pilots fighting wars.

There have been an interesting interview on CNBC just now (I only watched the end of it). A person (I believe he was CEO of BP) was answering questions from commodity traders. One thing that he said is that major oil companies have hit peak oil and now they are in the liquidation.

I believe that was Matt Simmons that was being interviewed on CNBC. The video is posted upthread posted by Darwinian.

HiFi, that was Boone Pickens, the CEO of BP Capital. The BP in this case stands for Boone Pickens, not British Petroleum. He was on for several segments during the hour and I think the part you are referring to was in the second segment. I will post a video link if it comes available. But here is the video link to his first interview during that one hour.

http://www.cnbc.com/id/15840232?video=696001858&play=1

Ron Patterson

Yep some news about it:

Oil Firms 'In Liquidation,' Says 'Peak Oil' Advocate

But Simmons said it's "convenient" for major oil firms like Shell to book reserves, such as its oil sands project in Alberta, but doing so amounts to an exercise in “turning gold into lead” because of the vast energy and potable water resources needed there to produce low-quality oil.

The water is converted to steam to blow oil from the sands and then to melt the tar, but this still leaves low-quality oil that is later mixed with higher quality oil to finally yield synthetic crude.

The cost of Shell’s Canada oil sands project has now ballooned to $14 billion but would yield only 100,000 barrels per day — about the same as a single major well in Saudi Arabia — making it an unsure business proposition, Simmons said.

http://biz.yahoo.com/cnbc/080325/23794175.html

Pickens Tells CNBC That U.S. Needs to Move to Alternative Fuels

``You've got an unbelievable wind corridor from Sweetwater, Texas, to the Canadian border, and you could do a lot of that 150,000 megawatts in that corridor,'' Pickens told CNBC.

Natural gas could then be ``moved off'' to a transportation fuel. ``It's domestic, it's clean and it's cheap. And it should replace foreign oil for transportation'' in the U.S., Pickens told CNBC.

http://www.bloomberg.com/apps/news?pid=20602099&sid=aTN9dHEg.ESo&refer=e...

The part about natural gas seems illogical to me. If natural gas is so much cheaper then gas, then why is it not replacing gasoline already? It has nothing to do with building wind turbines.

The Kings of Copper

...Red Kite moves markets via the huge trades it executes. According to a prospectus sent to potential investors in 2006, Red Kite Metals at that time was borrowing an average of six times its investment pool, which an investor estimated at about $1 billion.

Stockpiling Copper

At the March 20 price, that would buy about 750,000 metric tons of copper, or almost four times the combined total metal stockpiles currently held at warehouses registered with the Comex division of the New York Mercantile Exchange, the Shanghai Futures Exchange and the LME...

Farmer and Lilley are the two kings. One of them bikes to work in London.

...Friends say Farmer bikes to work from his home in Mayfair. He's fit and trim and looks younger than his 63 years. Lilley, bespectacled and slim, would pass as a university professor; he enjoys reading history...

http://www.bloomberg.com/apps/news?pid=20601109&sid=a8jtLSxIdqK4&refer=home

Whatever happened to Marc Rich and The Metal Men?
I recollect a Clinton pardon.

It looks like these two gentlemen (Farmer and Lilley) are cut from a different bolt of cloth.

Hi folks, I visit TOD almost daily and post occasionally. I have what appears to be a simple question for the experts out there, if only I can phrase it properly.

Down here on the Isthmus, I've been watching the unrelenting progress of prices for gasoline and diesel just like the rest of the world. Four years ago #2 diesel per gallon was priced about 30 cents less than regular unleaded, and both less than two dollars. The price difference between the two has slowly been decreasing, and now both diesel and gasoline are priced the same at about $3.70 per gallon. As far as I've been able to learn, neither of these is being subsidized by the government.

My question is: What is the outlook for both the availability and price of these two products relative to each other as crude oil prices continue to increase and scarcity occurs? What are the underlying factors that are involved that would cause the wholesale price or availability of either product to vary relative to each other? For example, the increasing predominance of sour crude in the market would favor the refining of diesel? Or no difference?

To put it another way, if someone was considering the purchase of a more economical vehicle, and all other things were equal (vehicle quality, mpg, etc.), might it be smarter to own a diesel or gasoline powered vehicle for, say, the next five years?

Any thoughts on possible trends?

This is from this week's Peak Oil Review, published by ASPO-USA:

"For the fourth straight week, diesel prices climbed to a new high last week. At a US average of $3.97/gal, prices are now up by $1.29 over the same week last year. The demand for diesel and heating oil in the US is now down five percent from last year. Although crude prices slipped by $10/barrel last week and some are saying we will see lower prices over the next few months, the situation is volatile and there is no assurance that retail prices have peaked.

"Distillate fuel inventories dropped by another 2.9 million barrels last week to 113 million barrels, and unlike crude and gasoline inventories, are near the bottom of the seasonal average range. Stocks usually fall at this time of the year as refineries undergo maintenance and there is still a demand for heating oil. Stocks bottom out in May somewhere above 100 million barrels and then start to build for the next heating season.

"Underlying the rapid climb in prices is a slowly developing world-wide diesel shortage. Chinese diesel imports hit a record of 6.1 million barrels in January. In February China imported 2.4 million barrels as compared to 219,000 in February 2007. It now appears Beijing will import at least 3.5 million barrels in March. Last week diesel shortages were reported across southeastern China for the second time in six months. Reports of electricity shortages suggest that once again factories will switch on backup diesel generators in order to remain in operation.

"As the winter heating season in the northern hemisphere is nearly over, outright diesel shortages are unlikely to develop before next winter. Should spot shortages develop in the US, as they did last fall, environmental regulations on burning higher sulfur motor fuels are likely to be lifted. In the meantime the high prices are causing considerable hardships in the trucking industry and will continue to add inflationary pressure on the US economy.

"As worldwide demand for diesel continues to increase, while supplies remain steady at best, it seems likely that debilitating diesel prices and shortages will soon begin to do serious economic damage to the industrialized countries."

Since diesel makes up a smaller % of a barrel of oil compared to gasoline, its price will accelerate faster over time. You may want to visit this discussion from yesterday's DrumBeat about the proposed truckers strike. The comments to the original article are very revealing, http://www.theoildrum.com/node/3766#comment-320174

Thanks karlof for the info from ASPO-USA, guess that pretty much answers the question. Diesel shortages and price increases are showing up much sooner than those for gasoline, a trend likely to continue to get worse.

May be the time to trade in my diesel four-banger Toyota pickup (25-30 mpg) for a gasoline hybrid vehicle maybe, or put some solar cells on the roof and hope for a plug-in vehicle sometime soon. But then there's always my little gasoline powered scooter!

"Since diesel makes up a smaller % of a barrel of oil compared to gasoline, its price will accelerate faster over time."

Somehow I don't see that cause-effect logic. Price is dependent on demand vs supply. If supply is less, prices increase. The amount of diesel you make from a barrel would actually increase if the price of diesel increases faster than the price of gasoline.

'The amount of diesel you make from a barrel would actually increase if the price of diesel increases faster than the price of gasoline.'

Not so, according to a refinery engineer that posted on the topic a week or so ago. He stated that it is possible to get more diesel from a bbl of crude but that it requires much more refining time and expertise...something to do with the molecular chain of gas vs diesel. I am not a refiner or petroleum engineer but that is what was said in an earlier discussion.

Crusty is right about price increasing as supply drops, and River is correct about what was discussed regarding what % of gas and diesel come from a barrel of oil and whether or not those % could be altered significantly--they cannot. Thus, we have a long term diesel price rise as the amount of crude (and it must be crude as NGLs don't have the proper hydrocarbon chains, IIRC) being extracted declines, which means lesser amounts of diesel will be refined. However, it seems to me that the more promising biofuel is biodiesel, thus a plugin hybrid diesel will likely be the best future vehicle to buy, provided they are developed and marketed.

There's another problem. Europe is rapidly increasing its use of diesel in private cars. That's got to give some serious market leverage to refiners at a time when the margins on gasoline are thin.

For example, the increasing predominance of sour crude in the market would favor the refining of diesel?

Panama, our resident refinery engineer, Robert Rapier, seems to be out of pocket right now. However it is the amount of diesel in a barrel of oil is pretty well set and cannot be improved upon without great expense. A diesel molecule has 16 carbon atoms to gasoline's 8. You can crack long molecules into smaller ones but it is much more difficult to make short strings longer.

As to your question about sour crude, sour simply refers to the amount of sulfur in the oil and has nothing to do with weight. However sour does usually go hand in hand with heavy. And yes, I believe there would be more diesel in a barrel of heavy oil than in a barrel of light oil. Not being a petroleum engineer however I could get this all wrong. But when most of the molecules are very long, as heavy oil is, it would make sense to me that you could get a lot more diesel from it. The diesel molecule is twice as long as the gasoline molecule.

Ron Patterson

The last I heard, Panama was getting 82% of it's refined petroleum products from nearby Venezuela. No refineries here yet, but they're talking about building a couple of 'em now about ten years too late, but that's Latin America for ya.

With all the 'heavy' crude in Venezuela (thanks for the correction on 'sour'},maybe I'll hang on to my little diesel truck a little longer...at least until the Venezuelan war with Colombia/USA gets rolling.

Money Troubles Stall Green Town Project

This one-stoplight farming hamlet had big dreams in 2005 when it was christened BioTown USA.

Its goal: to become the first U.S. community to meet all electricity and gas needs through renewable energy by using everything from farm waste to sewage.

Industry and government officials led the early charge. BP installed a gas pump offering an ethanol fuel blend, and South Dakota-based VeraSun Energy Corp. started building an ethanol production plant near town.

Former U.S. agriculture secretary Mike Johanns stopped by in support, as did the band Crosby, Stills, Nash & Young. Visitors also included a group of Chilean corn farmers who were touring the Midwest and interested in learning more about biofuels.

But the visitors are long gone, and many say the excitement is too. Money problems, leadership changes and other obstacles have sparked skepticism that Reynolds will ever succeed at moving the state, much less the nation, toward homegrown energy and away from foreign oil.

A little humor for the day. I found this comment when looking for an update on the proposed trucker strike:

You know I seen this commercial on TV the other day and some train outfit said they get 143 miles to a gallon of diesel in them big ass trains. Why hassent some smart fella fiqured out how to put one of them locomotive engines in a truck. If a big ole train carrying a mile long line of cars can do it. Why are them truckers using trucks that only get 6 miles to a gallon? You trucker guys are gettin fucked!!Which in turn fucks all of us. Can't believe nobody has thought of this before now. Happy Highways gentlemen and do what feels right!!

currently the last post here

Hyuk Hyuk. Why not just use one of them oldfangled steam engines instead? Thems just use coal! No diesel needed fellas!

RR freight efficiency. Small PDF

http://www.aar.org/getFile.asp?File_id=466

I had always heard that in the U.S. we ship about 1/3 of our freight by rail and 2/3 by truck. I just poked around a bit and came up with a number of about 71% for truck, and 1% for air by weight (from http://www.nwcommission.org/images/PDFs/FreightAnalysis2.pdf). If that's right, it would leave about 28% for rail. Probably those percentages should be reversed, but I have also always heard that the rail infrastructure was pretty much maxed out in this country. Hmm, perhaps the best way to combat high fuel prices and cut emissions would be to build lots of more railroads. This might help the economy too since you'd be providing jobs to citizens and buying steel and lumber for the roads. On second thought, I can't see many Americans that would be willing to build railroads, they'll probably hire mostly immigrants.

Well, rail is a fundamentally more effecient way to move frieght than trucks (by looking at the numbers). I think the teamsters would have something to say about it though....

Of course, if we were to stop buying all of the useless JUNK that fills the store shelves, that would cut it down about 2/3 right there, meaning that our rail system would be just about right-sized for the truly essential freight.

Ton-miles and not tons are the common metric for freight movement.

Barges and pipelines get some %.

The study overstates the % of ton-miles carried by truck (slightly but not dramatically greater than rail).

Not enough time ATM, I will edit and addd more later.

BTW, track laying is a skill, hard work with decent pay, and almost every track gang I have seen was African-American.

Alan

Carbon tariff trade war?

As world financial markets struggle through credit risks, looming currency crisis and talk of recession/depression, along come an assortment of politicians and economists set to pile on another round of global downers: carbon taxes and a possible carbon trade war.
...
Before we go too far on this, we might want to remember the story of the U.S. Smoot-Hawley Tariff. Back in 1931, at the beginning of the Great Depression, Congress whipped up a tariff bill to protect U.S. industry and farmers. It raised existing tariffs from 40% to more than 50%. The tariff on Canadian wheat jumped 40%. The trade-crippling law hit the world economy and is widely credited with exacerbating the Depression.

Well, you might say, no carbon tariff is going to be that severe. But who can say? To hit carbon emission reductions targets set by governments, carbon taxes are going to have to run to US$200 or US$300 a tonne, equal to more than 75¢ on a litre of gasoloine. That's bad enough, but doubly dangerous if imposed in the context of a global trade war and worldwide financial crises.

OH, NO WORRIES. YOU INSTALLED FLOURESCENT LIGHTS

AND WITH THE RIGHT LIFE-STYLE CHANGES…….

China's emissions rising faster than thought

China is producing far more carbon dioxide (CO2) than previous estimates and this will frustrate global aims to stabilise atmospheric greenhouse gases, a group of U.S. economists said. China is the world's second-largest emitter of C02 and some studies suggest it might already have overtaken the United States last year. The report could add to calls for China to sign up to binding cuts, something it has refused to do.

Writing in the May issue of the Journal of Environmental Economics and Management, researchers at the University of California, Berkeley, and UC San Diego said China's CO2 emissions will grow at least 11 percent annually between 2004 and 2010.

Previous estimates, including those used by the U.N.'s Intergovernmental Panel on Climate Change, say the region that includes China will see a 2.5 to 5 percent annual increase in CO2 emissions during the same period.

The release of the article comes as energy and environment ministers from the world's 20 major greenhouse gas emitting nations prepare to meet in Japan from Friday to discuss climate change, clean energy and sustainable development.

The G20, ranging from top polluters the United States and China to Indonesia, Brazil and South Africa, emit about 80 percent of mankind's greenhouse gases.

Pressure is growing on these nations to hammer out a pact to halt and reverse growing emissions of CO2, the main gas blamed for global warming.

In the journal report, the U.S. researchers said that by 2010, there will be an increase of 600 million metric tonnes of CO2 emissions in China over levels in 2000.

They said that figure from China alone would overshadow the 116 million metric tonnes of carbon emissions reductions pledged by all the developed countries under the Kyoto Protocol during the pact's 2008-2012 first commitment phase.

China is not obliged under Kyoto to cut greenhouse gas emissions during 2008-12. But it joined nearly 190 nations in Bali in December in agreeing to launch two years of U.N.-led talks to create a global emissions-fighting pact to replace Kyoto from 2013.

The authors used pollution data from 30 provinces and China's official waste gas emissions data to get a more detailed picture of CO2 emissions up to 2004.

"It had been expected that the efficiency of China's power generation would continue to improve as per-capita income increased, slowing down the rate of CO2 emissions growth," said Maximillian Auffhammer, UC Berkeley assistant professor of agricultural and resource economics.

"What we're finding instead is that the emissions growth rate is surpassing our worst expectations, and that means the goal of stabilising atmospheric CO2 is going to be much, much harder to achieve."

Part of the problem was also a shift to give provinces more say in building power plants after 2000, the report said.

"Wealthier coastal provinces tended to build clean-burning power plants based upon the very best technology available, but many of the poorer interior provinces replicated inefficient 1950s Soviet technology," said Richard Carson, UC San Diego professor of economics.

"The problem is that power plants, once built, are meant to last for 40 to 75 years," said Carson.

"These provincial officials have locked themselves into a long-run emissions trajectory that is much higher than people had anticipated. Our forecast incorporates the fact that much of China is now stuck with power plants that are dirty and inefficient."

Perhaps the climate change models are wrong

They drift along in the worlds' oceans at a depth of 2,000 metres -- more than a mile deep -- constantly monitoring the temperature, salinity, pressure and velocity of the upper oceans.

...

These 3,000 yellow sentinels --about the size and shape of a large fence post -- free-float the world's oceans, season in and season out, surfacing between 30 and 40 times a year, disgorging their findings, then submerging again for another fact-finding voyage.

It's fascinating to watch their progress online. (The URLs are too complex to reproduce here, but Google "Argo Buoy Movement" or "Argo Float Animation," and you will be directed to the links.)

...

So why are some scientists now beginning to question the buoys' findings? Because in five years, the little blighters have failed to detect any global warming. They are not reinforcing the scientific orthodoxy of the day, namely that man is causing the planet to warm dangerously. They are not proving the predetermined conclusions of their human masters. Therefore they, and not their masters' hypotheses, must be wrong.

In fact, "there has been a very slight cooling," according to a U.S. National Public Radio (NPR) interview with Josh Willis at NASA's Jet Propulsion Laboratory, a scientist who keeps close watch on the Argo findings.

So when do the oceans stop rising?

Easy--
When the Ice Caps, and all the glaciers melt---
A path we seem to be putting petal to the metal to accomplish.
Of course if the earth is flat, the water will just spill over the side, and we wont have to worry.
I think that is what the wingpawns are assuming, as that is what their corporate masters are telling them.

Shortly after the Coronal Mass ejection that hits the earth as that should melt most of the remaining ice.

You owe the UseNet Oracle some sunblock.

http://www.globalwarmingart.com/wiki/Sea_Level_Gallery

There has been no accelaration in the rate of rise, the same rate that has been happening for the past 110 years of measurements.

Bullshit.

You can source anything, BTW. ;}

But he sources nothing. Wiki? He doesn't cite where the graphs came from. Typical of the deliars. O, sorry, deniers.

Every chart showed rising oceans. That's a fairly stupid way to support your argument. The rate increases of the last several years are not going to show themselves on such charts.

But, hey, the arctic hasn't lost 80% of it's ice mass... nah...

Jail 'em all, I say. It's criminal to spread lies that end up killing people. And such lies will, if they aren't already. The delays created by Exxon and supped upon by the gullible or greedy are resulting in property losses and will result in deaths.

This is a guarantee.

Cheers

Hey, glaciers and ice caps are melting like crazy, dumping billions upon billions of tons of colder water into the ocean. A little cooling of the ocean should be expected. After all these buoys measure the ocean temperature, not the atmospheric temperature.

Ron Patterson

Ron, the problem is the predictions have been that the oceans will warm first, their swelling causing more sea rise. That's been the big prediction, many of which people here have posted as "evidence". Yet it's not happening, save the opposite.

Well there's the problem with predicting the behavior of complex systems, eh? You think it'll play out this way, and it plays out THAT way.. still, because some piece of this prediction didn't follow the script, are we supposed to ignore the MASSIVE loss of polar ice and other signals and just assume everything will be fine?

Maybe you're tired of hearing alarm bells, but that doesn't mean the right action is to unplug them.

Obviously, 'critical thinking' isn't your strong suit. I don't see why people waste their effort to try to change your mind, since you don't have one.

Arctic Ice may 'melt away' this summer

The loss of old, thick ice has continued through the winter months, despite the unusually cold weather deriving from La Nina conditions (the other extreme of the El Nino Southern Oscillation) in the Pacific.

The winter ice loss is thought to be driven mainly by the transport of old floes from Arctic waters out into the Atlantic Ocean. The currents driving this are stronger than usual as a consequence of another natural cycle, the Arctic Oscillation.

The net result is that most of the cover consists of ice that has formed since last summer.

With the ice pack containing such a high proportion of thin, salty ice, the scientists believe another major melt is likely in the summer.

"It's becoming thinner and thinner and much more susceptible to melting during the summer - much more likely to melt away," commented Walt Meier from the National Snow and Ice Data Center (NSIDC) in Boulder.

"It may look OK on the surface, but it's like looking at a Hollywood movie set - you see the facade of a building and it looks OK, but if you look behind it, there's no building there."

http://news.bbc.co.uk/2/hi/science/nature/7303385.stm

I don't see why people waste their effort to try to change your mind, since you don't have one

I have found Mr. Wakefield, on several issues, to be immune to reason and logic, so I no longer try.

Best Hopes for His Return to the Evolution Debate,

Akan

Cid and Alan, always remember that you're really answering for all the people who can learn, and who have just arrived and don't know why a post may be wrong.

I keep learning new things from you, and really value your posts.

Yes, like I learned about Alan's otherwise unknown knowledge on lighting. At the point where I get around to building the 12DC inverters I'll ask some questions.

Yes, like I learned about Alan's otherwise unknown knowledge on lighting. At the point where I get around to building the 12DC inverters I'll ask some questions.

I have found if you have more than 3 rebuttals, more often than not it's mental masturbation and a waste of time. Time to drop it.
Alan, Cid et al , Don't reply to him. It gives no gain.

respectfully

Here is today's article about an Antarctic ice shelf breaking off:
http://news.bbc.co.uk/1/hi/sci/tech/7313264.stm

Monaghan, A. J., D. H. Bromwich, W. Chapman, and J. C. Comiso (2008), Recent variability and trends of Antarctic near-surface temperature, Journal of Geophysical Research, 113, D04105, doi:10.1029/2007JD009094.

http://www.worldclimatereport.com/index.php/2008/02/27/antarctica-ain%e2...

Thomas, E. R., G. J. Marshall, and J. R. McConnell, 2008. A doubling in snow accumulation in the western Antarctic Peninsula since 1850. Geophysical Research Leters, 35, L01706, doi:10.1029/2007GL032529.

http://www.worldclimatereport.com/index.php/2008/01/21/antarctica-snowfa...

Antarctica Ice Cap Growth Reaches Record High Levels
http://gatewaypundit.blogspot.com/2007/10/antarctica-ice-cap-growth-reac...

Antarctic Cooling Down; The Antarctic Ice Sheet is Growing; Hansen Downgrades Warming Threat
http://www.globalwarming.org/node/160

A new study appearing in Science (January 18, 2002) concludes that the West Antarctic Ice Sheet (WAIS) is thickening, rather than thinning as was previously thought. Earlier studies found that in the Ross Sea Sector, "The grounding line (the point where the ice sheet loses contact with its bed and begins to float) has retreated nearly 1300 km along the western side of the Ross Embayment," since the last glacial maximum.

This led researchers to predict that the entire WAIS would collapse in 4000 years, implying a sea-level rise of 12.5 to 15 centimeters per century. This was based on a measurement of a loss of ice mass of 20.9 13.7 gigatons per year.

The authors of the new study, Ian Joughin and Slawek Tulaczyk, with the Jet Propulsion Laboratory at the California Institute of Technology, note, "The ice-discharge estimates of earlier studies relied on relatively sparse in situ measurements of ice-flow velocity. For some ice streams theestimates were based on only one or two velocity measurements."

The new study used satellite remote sensing to get better measurements. Contrary to earlier studies, the authors found "strong evidence for ice-sheet growth (26.8 14.9 gigatons per year)." They conclude, "The overall positive mass balance may signal an end to the Holocene retreat of these ice streams."

Antarctic Cooling Down; The Antarctic Ice Sheet is Growing; Hansen Downgrades Warming Threat

A new study appearing in Science (January 18, 2002) concludes that the West Antarctic Ice Sheet (WAIS) is thickening, rather than thinning as was previously thought.

A NEW study publshed over 6 years ago? "Hansen downgrades warning threat". You're just being downright dishonest now posting this as current.

Ah, so the others about the ice growing, the recent observation that Antarctic ice is the largest its been in 50 years, that the temps over the past 20 years have not changed is wrong?

See I knew you would attack that one old reference, that's why I put it in there to see if you would take the bait, you did. You attacked that one old ref instead of dealing with the new studies I put in there.

See I knew you would attack that one old reference, that's why I put it in there to see if you would take the bait, you did

That's the definition of trolling. If you're not a troll you're an idiot.

He's an idiot, it's obvious.

He isn't any smarter than yeast that's for sure.

When Leanan's away, the trolls will play!

Antarctica is Cold? Yeah, We Knew That
Filed under: Arctic and Antarctic Climate Science— group @ 5:22 PM - ()
Guest commentary from Spencer Weart, science historian

Despite the recent announcement that the discharge from some Antarctic glaciers is accelerating, we often hear people remarking that parts of Antarctica are getting colder, and indeed the ice pack in the Southern Ocean around Antarctica has actually been getting bigger. Doesn’t this contradict the calculations that greenhouse gases are warming the globe? Not at all, because a cold Antarctica is just what calculations predict… and have predicted for the past quarter century.
http://www.realclimate.org/index.php/archives/2008/02/antarctica-is-cold/

Ah, The National Post! Here is the #1 story linked on the same page: U.S. man claims to be pregnant

'Nuff said.

If you google the title you will see a number of other papers carried the story.

So the guy is pregnant?

He's pregnant? I thought he was just a troll.

She's not a man. She had her breasts removed and takes testosterone, but still has all the female equipment downstairs.

But are her ice caps melting?

Yet another shameless suggestion to read the report at: Climate Code Red

And in recognition of the limits of climate science models,
statistician Lenny Smith told the same conference that “we need to drop the pretence that [the models] are nearly perfect”, that there were “too many unknown unknowns” and “we need to be more open about our uncertainties” (Pearce 2007b). Tipping points may be looming, and we may not even be aware that they are at hand.

“Climate change is... happening faster than the models predicted it would.” — Barrie Pittock,
senior CSIRO climate scientist, 13 August 2007 (Peddie, 2007).

No, they've failed to detect the expected rise is ocean temps at depth that the models predicted. To make the leap that is or is not THE indicator fo Global Climate Change/Warming is, well...IMHO

It's a pretty complex - this earth we live on.

Pete

If you live in an area suseptible to hurricanes you would know that 80+ degree ocean surface temperatures contain the energy that drives hurricanes. These high temps extend down only approximately 18 inches, therefore when one hurricane passes and roils the surface water, the next hurricane often has no energy (warm water) to feed on. IOW, warm water is normally limited to the surface of seas and oceans...except in inland seas, etc. Of course the oceans contain thermoclines and salt/fresh water layers with currents going in many directions. Why would scientists expect to see much, or any, temperature rise 2 kilometers down, where no sunlight reaches?

"Why would scientists expect to see much, or any, temperature rise 2 kilometers down, where no sunlight reaches?"

Because the oceans circulate their themoclines. Currents move the warm and cooler regions around, including at great depths.

Thermohaline circulation is on a much longer time scale than recent climate changes. You wouldn't see temp changes at depth yet.

That's what I thought Sid, My bs detector went off when JR answered. 'If you can't wow the with knowledge, baffle em with bs'

Why would scientists expect to see much, or any, temperature rise 2 kilometers down, where no sunlight reaches?

Because the Thermohaline Circulation system is driven by dribbles of brine falling from sea ice around the poles. That is where the cold cold water came from at the very bottom of the ocean. Otherwise geothermal heat would have it much warmer. (probably not 80° but warmer than it is currently, ~30°)

In contrast, the fresh water from melted ice floats. The key is that we will have global climate change. It's much harder to predict the future weather for any particular locale. And watch out for those clathrates ...

Five years is a pretty limited sample set. Hard to distinguish trend from noise just with that.

OK, Wakefield. Time to fire up Greasemonkey TODBan and say goodbye.

edit: sweet, I filter out your name and the noise goes down by 1/3.

Of course they are "wrong." They are always "wrong." They are models. But not one of them supports the lies and bull you spout. The very article you cite says zero about the models being "wrong" about global warming, only that there is something the data is telling them they don't fully understand.

You can't be bothered with that inconvenient factoid, eh?

Blech.

THE IPCC: ON THE RUN AT LAST

The IPCC’s expensive and complex computer models can be programmed to produce any desired result, and it is therefore not surprising that they uniformly predict warming since 1990. Meanwhile, the real-world global average temperature has stubbornly refused to obey this stricture. It exhibits no significant increase since 1998, and the preliminary 2007 year-end temperature confirms the continuation of a temperature plateau since 1998 to which is now appended a cooling trend over the last 3 years.

...

That there is a mismatch between model prediction and 2007 climate reality is again unsurprising. For as IPCC senior scientist Kevin Trenberth noted recently: “. . . there are no (climate) predictions by IPCC at all. And there never have been”; instead there are only “what if” projections of future climate that correspond to certain emissions scenarios. Trenberth continues, “None of the models used by IPCC is initialized to the observed state and none of the climate states in the models corresponds even remotely to the current observed climate”.

JR, you really know how to choose your sources, I have to admit.

Why don't you submit this crap to a dedicated, professionally administered climate web site such as Real Climate and see what happens.

Probably nothing. They've got better and much more important things to concern themselves with than your cherry-picked nonsense.

Can you say "Good Bye", little troll?

...professionally administered climate web site such as Real Climate...

HAHAHAHAHA!!!! That's the best laugh I've had in a long time! Thank you!

RC is owned and funded by a radical left wing political organization and run by a small group of NASA "scientists" who get their funding from Al Gore. There's been a large number of scientists who have claimed that RC often censors them. Do a google on "RealClimate" Censorship.

This is not MY cheery picked non-sense, this is a growing number of scientists who have had enough of the alarmism crap. The number of scientists at the recent meeting put on by the Heatland Institute was well over 200 (not the 19 someone alleged here attended), and many more are being added to the list of dissenters to the AGW dogma.

You would be wise not to just dismiss it as "crap" for when they shit really hits the fan over this, as the planet refuses to keep up with AGW predictions; you may be eating more than just crow. It will be fun to watch the rats jumping off the AGW theory sinking ship.

Show me where the information in this article is wrong. Back it up with references.

This was the same Al Gore who couldn't get a conspiracy together to stop the presidency from being stolen from him? Yeah, that's a real radical leftist for you.

Now when the shit hits the fan, who will suffer according to you? I see, making rich people suffer from government spending for global warming mitigation is genocide, while suffering from vastly greater spending for a war of lies in Iraq that has led to a million excess deaths and a financially corrupt America bothers you not at all. Whereas the people who die if you're wrong will all be like the people who died the most in New Orleans - non-contributors to our glorious free enterprise system, too lazy to even own cars to flee, for Ayn's sake.

Putting words in my mouth now are we. I never said any of this, so please to not think you know my position unless I explicitly state so here.

My position on climate change is STRICTLY from the science side and has NOTHING to do with politics. Plain and simple. So do not think you know my political position (which is in the middle, not left nor right, where the vast majority of people are).

Deaths of millions due to AGW. Right and you know this for a FACT? Not a chance, as the vast majority of people are going to die off from peak oil long before any possible AGW affects.

Besides, which affacts are you attributing to these deaths? Sea level? Nope, not rising the rates the alarmists predict. What else? What PHYSICAL evidence do you have to back them up with, not speculation, not predictions, what evidence is there for things changing more than would normally change?

So do not think you know my political position (which is in the middle, not left nor right, where the vast majority of people are)

Based on other of your posts, you have elements of hard right in your positions. Not too far from Rush Limbaugh in some areas in my judgment.

Alan

Then your judgment is wrong. I have stated many times I have taken the test at www.politicalcompass.org, 3 times over the course of 6 years, and I have consistantly scorded slightly right of center economically, and dead on center socially.

So your're saying you are slightly less authoritarian than George W Bush. That really puts you in the leftist camp alright! LOL

Not sure if their tests are accurate-they have me in the identical spot they place Gandhi.

You blamed me for millions of deaths for criticizing no-restraints capitalism - which is all that most critics of capitalism are calling for. You've never once advocated any restraints on the power of private property owners except when Peak Oil was the issue.

the Heatland Institute

Freudian slip?

"RC is owned and funded by a radical left wing political organization and run by a small group of NASA "scientists" who get their funding from Al Gore."

Man, you are really out there. Maybe you should take some medication or something...

SubKommander Dred

Rats know science. Rats know AGW. And rats know trolls. When will the sun come out and turn our troll to stone?

I think PG said it would be Friday-ish in another thread. The Sun comes out Friday. Or maybe this weekend.

Because the issue is saving capitalism, not lives. The corporate elite have handled the global warming story exactly the way they are handling Peak Oil and the ongoing financial crisis. The right-wingers, who have done nothing but advocate welfare for the rich, wars for the rich, and deregulation for the rich, claim that the eco-nazis have all the money and are flooding the world with lies intended to discredit the infallible glory of the marketplace. Yet Peak Oil and the mortgage meltdown are also stories that cast doubts on the free enterprise system, and little by little corporate media have had to change their tune on admitting that there's a "little oil problem", and a "little banking problem".

The intent of the elite strategy: to do as little as possible to protect you, and steal as much of your tax money as possible to protect themselves. As always. So when the media is allowed to admit the financial system is collapsing, the elites are suddenly quick to explain why your government must bail them out while you tighten your belt. If oil prices can no longer be ignored, it's tax credits for big oil exploration, while mass transit is defunded for you. You'll know when the end is coming when it is explained that coastal cities cannot be saved, but new, privatized colonies will be built inland to protect those worthies without whom prosperity would be impossible...

Saving capitialism **IS** saving lives. Do you really want to live in a society that is based on something else? Like what? You leftists are so keen to attack the "right wing elite" (BTW, most "elite" in Canada are card carrying members of the Liberal Party of Canada, hardly right wing) for the ills of capitalism. But what would you put in it's place? Dictatorship? Then kiss goodbye to human rights, kiss goodbye to individual freedom, kiss goodbye to any of the good parts of our way of life, including life itself. That is, you are advocating is the deaths of millions of people, advocating putting tens of millions more into poverty and destitute lives. Nice.

Stop conflating "capitalism" with democracy and individual and human rights. Persistent propaganda has apparently made you and a large number of the American public unable to discern between the two. Whatever capitalism is, it isn't about individual rights.

How do you have democracy without capitalism? Has it ever been tried before? The whole idea of human rights is the right to have a capitialist system. The two MUST go hand in hand or you do not have democracy.

The whole idea of human rights is the right to have a capitialist system

I can't believe anyone could write that without being a troll.

Please, without being so insulting, can you explain how you can have democracy without capitalism. Guess I'm too dumb, so explain it carefully so I can understand.

Capitalism is an economic system, Democracy is a political system. The two are not linked. Venezuela, Bolivia, and Ecuador are all Socialist and Democratic.

Hardley bastions of success. These backward countries are run by thugs supported by the military, where there is gross human rights violation and the drug trade buys politicians, judges and the police. If anything you have supported the very thing I said at the beginning, replacing capitalism here would turn the US into Bolivia where there is no middle class, the vast majority of the population have to etch their existance barely surviving while being ruled by a very elite bunch of thugs. Nice you wish this on your own people. (or are you hoping to be one of those elite thugs?)

The two are most definitely linked and I can prove it with a simple thought experiment. Try running a political party on a platform that would replace capitalism (with what no one here seems willing to say). Would you get elected? Not a chance. The vast majority of people WANT capitalism. If you were somehow to get in and clear out capitalism with what ever your system is, the next vote you would be tossed out as, again, any political party that ran on the platform of returning capitalism would be voted in.

So I maintain, that the ONLY way you would be able to replace capitalism is to invoke a communist dictatorship.

So what is your replacement to capitalism? Every "business" is state owned and state run? All farms are owned by the "people"? That's the only other alternative. An alternative that would get voted out at the first opportunity. An alternative that completely failed in the USSR where people starved by the thousands.

So I maintain, that the ONLY way you would be able to replace capitalism is to invoke a communist dictatorship.

Another breathtaking logical leap! Man, JR, you really are a piece of work. Best laugh I've had in days.

can you explain how you can have democracy without capitalism.

The US of A is a Constitutional Republic.

You have claimed that the US of A is a capitalist system.

So either your statement of "democracy without capitalism" is wrong or the US of A does not have a capitalist system.

So which are you wrong about?

Since you guys like to quote Wiki to suppoort your positions, then:
http://en.wikipedia.org/wiki/Capitalism

Capitalism refers to an economic and social system in which the means of production are predominantly privately owned,[1][2] are operated for profit,[3] and in which investments, distribution, income, production and pricing of goods and services are determined through the operation of a market economy. It is usually considered to involve the right of individuals and corporations to trade, using money, in goods, services (including finance), labor and land.

Capitalist economic practices became institutionalized in England between the 16th and 19th centuries, although some features of capitalist organization existed in the ancient world, and early forms of merchant capitalism flourished during the Middle Ages.[4][5] Capitalism has been dominant in the Western world since the end of feudalism.[4] From England it gradually spread throughout Europe, across political and cultural frontiers. In the 19th and 20th centuries, capitalism provided the main, but not exclusive, means of industrialization throughout much of the world.[6]

The concept of capitalism has limited analytic value, given the great variety of historical cases over which it is applied, varying in time, geography, politics and culture, and some feel that the term "mixed economies" more precisely describes most contemporary economies.[7][8] Some economists have specified a variety of different types of capitalism, depending on specifics of concentration of economic power and wealth, and methods of capital accumulation.[6] During the last century capitalism has been contrasted with centrally planned economies, such as Marxist economies.

Thus the US IS a capitalism system by this definition.

If it's not, then why do you attack the US because of its capitalist system?

So Germany under the Social Democratic Party (founded by Marxists) was not a democracy?

Or if it was a democracy, then it had to still be capitalist. Yet the Social Democrats were critics of capitalism! So that means that it is possible to be a critic of capitalism and still run a democracy!

Thats not the same thing, common on. Being CRITICAL of capitalism does not mean you can have democracy with out capitalism. Even during preNazi Germany allowed capitalism, and during the Nazi's capitalism worked.

Show me how you can have democracy and not have capitalism. If you deny people the right to own and run businesses, to make profits, to get rich in doing so, then you CANNOT have democracy.

If you allow the people to vote, then go ahead and steal the presidential election afterwards twice, you do not have a democracy.

http://en.wikipedia.org/wiki/Plutocracy

If you allow TPTB to fleece the American people with fraudulent mortgage schemes and the rest of the world with derivitives of same, then bailout the perpetrators when they get caught in the collapse of their own ponzi schemes with taxpayer money so that you effectively fleece their children and grandchildren, you do not have Capitalism.

http://en.wikipedia.org/wiki/Kleptocracy

Unless the majority agree to not own the businesses.. or to own it collectively.

It is only a question of mindset.

The fact that no majority hasn't yet be willing to set up a communist economy does not prove it is impossible.

Capitalisim sprang from the Calvinist Movement, a religious belief based on 'those that do well materially are more likely to go to heaven.'

Calvinisim evolved from the protestant reformation that Martin Luther started with his challenge of the power of the Catholic Church and the first printing of the bible in a language other than Greek or Latin.

Brush up on your history.

How does that change that you can now have democracy without capitalism. Why can't you answer just that, please. Or can you?

Quite a few nations have had democracy without capitalism (except in a cage). India to Sweden.

It is quite questionable if capitalism was a proper description of the economic system of 1790 USA.

An increase of population will of necessity increase the proportion of those who will labour under all the hardships of life, & secretly sigh for a more equal distribution of its blessings. These may in time outnumber those who are placed above the feelings of indigence. According to the equal laws of suffrage, the power will slide into the hands of the former. No agrarian attempts have yet been made in in this Country, but symtoms, of a leveling spirit, as we have understood, have sufficiently appeared in a certain quarters to give notice of the future danger

James Madison from Notes of the Constitutional Convention

Agrarian attempts mean, to my understanding, land reform.

Alan

And it is quite questionable if democracy is a proper description of the political system in 2008 USA. :-/

It is not. The United States would be best described as a Kleptocratic Plutocracy.

http://www.theoildrum.com/node/3769#comment-320950

http://www.theoildrum.com/node/3769#comment-320945

I was thinking "corporate oligarchy", or "corporatocracy", but Kleptocratic Plutocracy works for me!

Sweden and India have free market, privately owned business, how is that not capitalism?

What is capitalism then?

What is capitalism then?

Considering that you have defined that here:
http://www.theoildrum.com/node/3769#comment-321270

That question is answered.

Thus Sweden and India have a capitalist system of economy.

All is not black and white, although I have noticed that many right wing folks would like it to be so. Here is a link to Calvinisim at Wiki, It will not hurt you to spend a few minutes reading it...Unless you are afraid to upset your set in stone world view by letting in a little knowledge...The passages below suggest that the link between Calvinisim and Capitalisim is tenuous, with more research one finds out that the link is very solid. You will never know where we are unless you know where we have been. History is important.

http://en.wikipedia.org/wiki/Calvinism

'Usury and capitalism
One school of thought attributes Calvinism with setting the stage for the later development of capitalism in northern Europe. In this view, elements of Calvinism represented a revolt against the medieval condemnation of usury and, implicitly, of profit in general. Such a connection was advanced in influential works by R. H. Tawney (1880 - 1962) and by Max Weber (1864–1920).

Calvin expressed himself on usury in a letter to a friend, Oecolampadius, in which he criticized the use of certain passages of scripture invoked by people opposed to the charging of interest. He reinterpreted some of these passages, and suggested that others of them had been rendered irrelevant by changed conditions. He also dismissed the argument (based upon the writings of Aristotle) that it is wrong to charge interest for money because money itself is barren. He said that the walls and the roof of a house are barren, too, but it is permissible to charge someone for allowing him to use them. In the same way, money can be made fruitful.

He qualified his view, however, by saying that money should be lent to people in dire need without hope of interest.'

I read it. Since I'm an atheist the whole notion of a god in control is meaningless.

"Calvinism stresses the complete ruin of humanity’s ethical nature against a backdrop of the sovereign grace of God in salvation. It teaches that fallen humanity is morally and spiritually unable to follow God or escape their condemnation before him and that only by divine intervention in which God must change their unwilling hearts can people be turned from rebellion to willing obedience."

What crap!!

Back to the subject at hand...

So, your saying that banks should not be allowed to lend money with expected interest returned?

True, pure democracy would be one man, one vote. Period. That exists. And it does not involve capitalism, it involves the exact opposite: the sharing of everything equally with all working for the common good.

How did you graduate HS? Or did you?

Cheers

Please stop with the insults. Just because I have a different OPINION on how the system works and should work does not make me STUPID! This ranks of bigotry when you insult someone who disagrees with you. So you are smarter than the rest of us, eh? Get off your high horse.

http://en.wikipedia.org/wiki/Capitalism

Is what I'm talking about.

You are talking about communism which has failed everywhere it has been tried. And it has failed for one very good reason. There will always be corrupt people who will try to take from others because of their selfishness. There is no way around that, and in fact in a communist system such people force their way to the top to run the system. So if anything your "communual" system will fail because of that. Only in a free democratic capitalist system would such people able to be kept in some sort of check.

Just because I have a different OPINION on how the system works and should work does not make me STUPID!

No, Stupidity makes you stupid.

Once again:

Democracy is a political system, Capitalism is an economic system. It is possible, though its never been done, to have them completely orthogonal to each other.

Show this "stupid" person how it can be done. But you first have to show us what you would replace capitalism with. Maybe start with that. What would you replace capitalism with? Then show us how you would convince a voting public to vote fot it and continue to keep voting for it.

So this is telling, not one of you who bashes capitaiism can explain what you would put in its place, and how you would implement it in a democracy. All you have done is bash the US of A in one way or another. If you hate your country so much why do you stay? At least immigrants who come here obviously find the US of A better than their home lands, at least they have the guts to say goodbye and leave a country they obviously dislike (or they would stay). So why don't you peole have the guts to put money where your mouth is and leave the US of A? Where you would go and be happy perplexes me, but by the tones of your hostility to the US anywhere would be better. (Just don't come to Canada, we have enough leftists US hating nut cases as it is)

how you would implement it in a democracy.

There would have to be a Democracy in the US of A for your challenge to happen. The US of A is a Constitutional Republic.

All you have done is bash the US of A in one way or another.

No, I've pointed out how YOU are wrong.

If you hate your country so much why do you stay

Ohhh, is that ment to be an actual valid point? Such statements I've found is from people on the loosing end of an argument.

Nice.

Wow! Breathtaking leaps of logic...I'm stunned! I see problems with the way capitalism deals with enormous, systemic problems, therefore I advocate the deaths of millions.

Every single one of those things are happening under George W Bush anyway. Bush claims that executive powers are unlimited during an emergency, and he claims the right to define any emergency. That's a dictatorship, a capitalist dictatorship of the rich, by the rich and for the rich. Torture, fear, militarism, and the decline of the "good parts" of our "way of life" (a revealing Cheneyism) are now reality. Nor will they reverse under any cheerleader of capitalism you can name, because they are built into the ideology, and America is the sole definer of capitalism.

How many excess deaths did the Great Depression cause? That was caused by the idea that capitalism is infallible, that free enterprise meant total freedom for bosses to crush unions and hold down wages while offering unsound debt vehicles to the population so they could spend as if they were well-paid, that farmers should be free to plant marginal land into ruin, that Big Business should determine every aspect of law and trade policy without a voice of unpopular criticism allowed to make a difficult case. Sound familiar yet? Note that when the poor dared to complain, the rich plotted assassinations and coups and talked martial law.

Poverty and destitution has been spreading in America since Ronald Reagan entered office, hidden by real estate scams that have replaced net savings with large net debts. We work longer hours, spend more time in traffic commuting to distant homes because they're cheaper, have more second jobs and more two-income families leaving children unsupervised. All tricks used to keep GNP and stock prices rising while real hourly wages fall. At some point, we can't take it anymore.

Was there ever an alternative to this? According to every conservative media voice in America, no. They tell us Franklin Roosevelt was a socialist. The 91% marginal tax rates under Dwight Eisenhower are unmentionable. We are not allowed to save ourselves from the return of real, unreformed Victorian capitalism. So call me a socialist and a murderer of millions, and the America of the 1940s, 50s and 60s an evil place. You must love the robber baron dictatorship that preceded it and succeeded it.

But arn't you guys having an election this fall? So you live in a democracy.

Besides, your rant does not answer my main question. How do you have democracy without capitalism?

What I see is people complaining about the system, but what you are doing is throwing the baby out with the bathwater. Just because people do bad acts in democracy does not mean the system itself is flawed. It's the same argument about guns. Ban all guns because people are killed by them. No, it's people using guns that kill people. It's the people themselves, not the mechanisms by which they inflict others with, that's the problem.

You are also ignoring the great things that capitalism does for society, which I would argue, far outweigh any bad aspects. No system is perfect, but you try to deal with the one that works the best. If not capitalism, then what?

If you have problems with the abuse of the system, then get your votes to those who would deal with these abusers. If you don't these abusers will just find another way to enact their selfishness. The USSR saw lots of that.

I answered your question up thread.

If not capitalism, then what?

Jr.,
This shows that even a troll can ask an intelligent question.

Answer: I have no f****g idea. This is the 6.6 Billion something or other question.

A hybrid civilized/tribal model.

Complexity built from the ground up, designed like a living organism, rather than built with hierarchy from the top down, designed as though by committee.

Saving capitialism **IS** saving lives.

Really? You sure?

Got proof? Because documentation like 'The Jungle' says that JUST exchanging money for goods tends not to work out.

But go ahead, feel free to provide actual data that you base your opinion on.

But what would you put in it's place?

In the place of capitialism? You sure that is the system that is in place?

Tell ya what. Why don't you show us all what the definition of capitialism is, mkay?

Interesting, you are side stepping the issue. Captialism is what we have working in the "free" western world. Not a perfect system, never said it was, but it's the best system in a democracy. If capitalism is not currently in place then why bash something that does not exist?

You would not have the health care system we have today if not for capitalism. You would not have the infrastructure today without capitalism. Nore the safety nets of society, nor the schools and the science.

All one has to do is look at the other great society that tried to not have capitalism, the USSR and see how many people, in the millions, died. North Korea looses hundreds of thousands each winter to starvation, one winter they lost a million.

If anything China is showing that you can have the exact opposite of what you people want. Capitalism without democracy. But I maintain you cannot have democracy without having capitalism to prop it up. Show me how you can have democracy without capitalism. So far no one has posted anything explaining how, just threw insults at me instead.

http://en.wikipedia.org/wiki/Sri_Aurobindo#Conversion_from_politics_to_s...

Sri Aurobindo explains that “the individualistic age of human society comes as a result of the corruption and failure of the conventional, as a revolt against the reign of the petrified typal figure.” He illustrates the occurrence of this stage in Europe beginning with its revolt of reason against the Church and fixed authority and its continuation and blossoming with the growth of scientific inquiry. Through science, a new basis of principles and laws could be discovered and established that were open to scrutiny and logical analysis and reasoning. There were also established the democratic ideals that all individuals had the right to develop to the full stature of their capabilities, and that the individual was not simply a social unit with a social function, but also had unique individual needs, possibilities, and tendencies which should be allowed freedom and opportunity for development. As a part of the revolt against traditional authority, there developed in some regions another intellectual philosophy and political movement, apparently in contradiction to individualism, of the supremacy of the society as a whole over the individual. Sri Aurobindo also analyses the strengths and limitations of this viewpoint, and its relations and opposition to the democratic ideal.

The subjective age comes as an outgrowth of the individualistic and rational questioning of the conventional institutions and structures of society. The individualistic age culminates in a new intellectual foundation and development in all the spheres of life, but this rational view of the world and the self can only go so far, it cannot reach into the depths of the being. Nevertheless, its questioning spirit, its search for truth leads it beyond its own capabilities, leads it to search for a deeper foundation and a more complete understanding of the mysteries and subtleties of self and world. The subjective age begins when society begins to search for the deeper truths of its existence below the surfaces which the reason has explored and explained in an ordered, but limited sense. He explains that examples of this tendency are already apparent. In education, there is the trend to understand the psychology of the growing child and to base systems of teaching upon this basis. In criminal justice, there is an effort to understand the psychology of the criminal, and to strive to educate and rehabilitate rather than simply punish or isolate. In societies and groupings of people, there is a growing tendency to regard them as living and growing organisms with their own soul and inner tendencies, which must be fostered, developed, and perfected.

According to Sri Aurobindo, the present subjective age, with its inward turn towards the essential truth of the self and of things, opens the possibility of a true spiritual age. He explains that the subjective age could conceivably stop short of becoming spiritual. He says that a true spiritual age will come only if the idea becomes strong in the intellectual life of humanity that the Spirit is the true Reality standing behind our physical existence, and that to realise the Spirit and express it outwardly in mental, vital, and physical terms is the real meaning and aim of human existence. Sri Aurobindo argues that there is a deeper spiritual Reality that is the true Self of both the individual and the society, and it is only by identifying ourselves with it, rather than the limited and superficial individual or social ego, that the individual and social existence find their true center and their proper relation with one another. In a spiritual age, therefore, he says that society would “make the revealing and finding of the divine Self in man the whole first aim of all its activities, its education, its knowledge, its science, its ethics, its art, its economical and political structure.”

Sri Aurobindo believed that a great spiritual destiny awaits humanity. He indicated that the future poetry would be inspired by and express this greater spiritual consciousness and life. The spirituality that it could thus reveal and inspire in mankind is the view of existence as a progressive manifestation of the Divine in the universe and mankind's life as a field for a possible transformation into a new and perfected and divinised life. It would help open humanity to its deepest soul, to the higher levels of mind and spirit and to the vastness of the cosmic consciousness. It would show a solution and way of deliverance for humanity from its vital unrest and mental questioning by the uplifting strength of the Spirit within and its supporting calmness and power of knowledge and mastery. It would reveal the unity of the self with other conscious beings in Nature, the soul and life of the plant and animal, the soul and life of things that seem inert. It would reveal to mankind the meaning of existence, express the universal delight and beauty and power of a higher life, and the infinite potentialities of our future existence.

Never thought I would see Sri Aurobindo on TOD.

He was a political revolutionary after returning to India from Oxford.
Then left all that behind after escaping the British for French Pondicherry.

He said it all as well as words can convey.

Guess all will play while Leanan is away.

Astute shot.
It will be interesting to see if anyone will touch this thread.

Ah, I see, so like Calvinism, we should let some diety run the economy.

Don't you see? Adam Smith's invisible hand is the invisible hand of God.(and he seems aweful pissed off right now)

Interesting, you are side stepping the issue.

No I believe I asked questions.

And you opted to not answer them, instead claiming that somehow your choice is *MY* fault.

Tis rather important to have what exact definition *YOU* are working with if one is going to have a discussion with you on this matter as you claim:
Captialism is what we have working in the "free" western world. Not a perfect system, never said it was, but it's the best system in a democracy. and Show me how you can have democracy without capitalism.
Tis my duty to point out that the US of A is not a Democracy - it is a Constitutional Republic. If you can't get that right, what else do you have wrong?

So far no one has posted anything explaining how

In an attempt to address this very issue, I asked you to post the defintions of the words you are arguing over - to which you have opted to claim your failure is *MY* fault.

Captialism: The ability of free peoples to conduct business with each other as they see fit, to own business and own property and to get rich, with no limits, in the process. To be able to comtete with each other and set prices based on demand. This free market system would run under rules set forth by fully elected governments.

Captialism: The ability of free peoples to conduct business with each other as they see fit,

This is not the case in the US of A.

to own business and own property

Very few people 'own' things in the US of A. Most has liens, many rent what they think they possess. Not to mention 'rules' that say your property can be taken for "the public good".

and to get rich, with no limits, in the process.

And again, not the case in the US of A.

To be able to comtete with each other and set prices based on demand.

I'm not sure what a comtete is, but ADM-Lysine case, the propane price fixing case, the Microsoft anti-trust case, the CD price fixing case are all examples of how the US of A is run.

So yet another 'FAIL' mark for the defintion applying to the way things are done in the US of A.

This free market system would run under rules set forth by fully elected governments.

Considering many of the rules are enforced at will (or not) via people who are in their position of governmental power by non-election, and that on the national level The President is actually selected by 538 people who are in the electorial college - exactly how can one claim without being a bald faced lying SOB - that the US of A has a 'fully elected government?

Not to mention how one can "to conduct business with each other as they see fit" then have rules imposed by others.

Thank you for your definition. Hopefully others will use your definition when discussing things with you.

So then the issue you have is not captalism per se, but how people in the US of A abuse capitalism. So why bash the concept of capitalism in the first place?

It was compete with each other, typo, I would think it would be evident what I meant.

Captialism: The ability of free peoples to conduct business with each other as they see fit,

This is not the case in the US of A.

Explain how it is not. How it is that it not capitalism for me to be selling software on the Internet to anyone who wants it?

to own business and own property ,

Very few people 'own' things in the US of A. Most has liens, many rent what they think they possess. Not to mention 'rules' that say your property can be taken for "the public good". .

Just because people borrow to own things does not mean they don't have the freedom to own things. Lots of people own their own businesses, own their homes free and clear (I do), so whats the problem? It's not capitalisms fault people over extend their ability to pay.

and to get rich, with no limits, in the process.,

And again, not the case in the US of A.

Nonsence. Lots of people in the US get rich from hard work and luck. Just one example. Pet rocks, remember them? Those guys had nothing, started with nothing. They sold a great idea and people bought into it. While it lasted they made a fortune. Good for them.

To be able to comtete with each other and set prices based on demand.

I'm not sure what a comtete is, but ADM-Lysine case, the propane price fixing case, the Microsoft anti-trust case, the CD price fixing case are all examples of how the US of A is run.

So yet another 'FAIL' mark for the defintion applying to the way things are done in the US of A.

Compete. The fact that these are going to courts and ruled against the companys shows the system works. You are always going to have people try to test the system and screw people over. You will NEVER find a system that will prevent that. It's not capitalisms fault people abuse the system.

This free market system would run under rules set forth by fully elected governments.

Considering many of the rules are enforced at will (or not) via people who are in their position of governmental power by non-election, and that on the national level The President is actually selected by 538 people who are in the electorial college - exactly how can one claim without being a bald faced lying SOB - that the US of A has a 'fully elected government?

Not to mention how one can "to conduct business with each other as they see fit" then have rules imposed by others.

What would you then put in its place? What ever system you invoke you will still have to have rules and people will still break those rules when they think they can.

You seem to be looking for a perfect social system. Give up, it cannot exist. This is the best we have to work with.

Explain how it is not.

Why don't YOU back up YOUR claims 1st. Because I've already pointed out to anyone still reading how you lack understanding.

Show how Americans are free people, able to do what they see fit - as per your claim.

How it is that it not capitalism for me to be selling software on the Internet to anyone who wants it?

Don't let your lack of understanding stop you.

Captialism: The ability of free peoples to conduct business with each other as they see fit, to own business and own property and to get rich, with no limits, in the process. To be able to compete with each other and set prices based on demand. This free market system would run under rules set forth by fully elected governments.

EDIt, sorry, somehow got posted twice.

But this link for ref
http://en.wikipedia.org/wiki/Capitalism

Do you really want to live in a society that is based on something else? Like what?

Frankly, I would prefer Anti-Capitalist Individualist Anarchism.

Wait a little longer we will likley get there in a post carbon era.

Saving capitalism, the Canadian way: a considered response received today from our Natural Resources minister by way of my local Member of Parliament:

Sir,

I apologize for the delay in responding to your email. I had to check a few sources.

In a nutshell ...

The Government of Canada is very aware of the issues and the specific aspects of the peak oil debate.

While there are many different views as to future developments in world oil production, leading authorities believe that global oil production will continue to grow.

However, oil is a finite resource the world could experience a decline in production at some point in time.

Our Government supports increased energy efficiency and the development of renewable fuels, alternative energy sources and technologies that can reduce our dependence on petroleum and help secure Canada's long term energy future.

For more information on all of these initiatives, I encourage you to visit the following Web site: www.ecoaction.gc.ca

Key organizations, such as the United States Energy Information Administration and the International Energy Agency (IEA) along with other respected groups, do not see a decline in production occurring for several decades. It is expected that oil will remain the world's leading energy source through to the year 2030 and beyond.

World oil reserves and production have increased over time due, in part, to technological advances that have improved the efficiency of finding, developing and transporting oil. Global oil production continues to grow and was estimated by the IEA at 87.2 million barrels per day in January 2008.

At 1.332 trillion barrels in 2008, world proven oil reserves are more than double the 0.642 trillion barrels recorded in 1980. With continued application of new and innovative technology, the amount of oil that could eventually be recovered could grow substantially.

Canada's oil resources are more than sufficient to support our current and future energy needs. Based on our current rate of production, Canada has sufficient oil to meet our needs for approximately 200 years

Mark King
Legislative Assistant for Gord Brown, MP Leeds-Grenville

Did you honestly think they would say anything else publicly? Of course not. Though Harper did say in his CTV Christmas interview that we are at peak oil (not in those words, but it was to that effect for those of us in the know). He's been briefed according to someone here.

If they say anything else they would start a panic. So they have to "tow the official line" as it were. I've talked with Bev Shipley, my MP, recently about peak oil, and I have emailed him much stuff including from TOD. I plan to get back to him in a month or so. He was unaware of peak oil and seemed receptive to the theory. I also told him to not take my word for it, but have him contact David Hughes (http://globalpublicmedia.com/interviews/823) I urge you to get back and do the same.

I see two choices:

1) we alert who we can in hopes that the government will "get it" and start to act (which ever way that would be), or
2) we keep our damn mouths shut to "outsiders" and prepare what we can while we can before the masses catch wind of the issue.

Start to act? That's SOCIALISM!

How does acting = socialism? Can you not act in a capitalist system? If not show me why not. And what act? What kinds of actions. To try and save the current system? Then what actions are needed? How about stop all immigration so no more people use more resources here. Oh, no! the socialists say, you are racist to say that! We can't stop immigration. In fact, because of climate change, it is our responsibility to bring in millions of climate refugees!

Contradictory action.

Capitalism, to us Americans, means that nothing gets in the way of private property. Anything less is denounced as socialism, and thus as tyranny. That's how capitalism is defined in the land that dominates the global capitalist system. So any place in which government regulations or political movements or unions or environmental groups apply any restraints at all on any profitable action is socialist. YOU might define socialism as the Soviet Union. We Americans define socialism as Canada - including its health care system. Move south, try ours.

That's not how I see capitalism. And we have capitalism here in Canada too. If you think our health care system is so great you need to look deeper. The Ontraio budget just came out. The provincial government spends $90 BILLION each year (up from $60B 5 years ago) and $40Billion ( yes four-zero BILLION) of that is just for healthcare, and many people still cannot find a doctor, have to wait up to a year for certain high demand procedures. The waiting lists are so long that private healthcare companies are willing to set up to take up the slack and people are willing to pay for it.

Don't be so quick to think we are perfect socialist country. We are not. We have deep problems with our social programs. Driving up costs and misallocation of funds. The socialist NDP of Ontario in the 1990's almost banrupted this province with their twisted ideology (which is why their former leader, Bob Rea, is now a Liberal). Take a look at our aborigials, the largest welfair group in the country. Billions spent on them every year and they still live in poverty. Just one example, there are many more.

But the bottom line is we are a capitalist free market economy.

That's not how I see capitalism. .... But the bottom line is we (Canada) are a capitalist free market economy.

How nice for you. Glad you have things all worked out in your head. But the REST of us, who live in a real world with things like dictionaries that constrain our word choice have restrictions.

http://financial-dictionary.thefreedictionary.com/Free+Market

A market economy based on supply and demand with little or no government control. A completely free market is an idealized form of a market economy where buyers and sells are allowed to transact freely (i.e. buy/sell/trade) based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulation.

I look forward to others refering back to your lack of understanding whenever your name comes up on TOD.

By this definision there is no such thing as a true free market economy in existance, as all countries impose some kind of "taxes, subsidies or regulation". We are no different in Canada. We have a free market system in Canada that has rules imposed by governments.

How is not "real world"? Or are you're just trying to be insulting, like the others. Bigotry by any other name is still bigotry.

By this definision there is no such thing as a true free market economy in existance, as all countries impose some kind of "taxes, subsidies or regulation"

What is a definision?

I see that you do not actually challenge the definition, just go and make the same false claim over again.

We have a free market system in Canada that has rules imposed by governments.

How is not "real world"?

The real world has definitions of words/terms. You are using worms/terms that do not match what has been defined.

So you are:
1) Ignorant (And you are welcome that I can bring you enlightenment)
2) A troll

So this would be the transparent government Harper promised us, then? We can close our eyes, cross our fingers and toes, and hope he comes up with an immaculate peak oil solution for us, as he has done with CCS and "aspirational goals" for climate change?

In fact, he is pushing larger problems off to the future again.

Who else would you entrust with this task? Dion (who has read the Long Emerceny) with his Liberals out only to back stab him and gain power for themselse? Or Jack Layton? Or how about the bigotted Lizzy May? Yea, right. It won't matter. I'm not looking to federal politics to give action, I'm looking locally. That's where the impact will be most felt.

If they say anything else they would start a panic. So they have to "tow the official line" as it were. I've talked with Bev Shipley, my MP, recently about peak oil, and I have emailed him much stuff including from TOD.

Edited:

If they were to say anything else they would start a panic, so they have to toe the official line...

I refuse to take seriously anyone with less than a 6th grade education who hasn't clearly proven they possess a naturally high level of intelligence.

I have what is called dyslexia, so it's ok to ridicule someone with a disability? How ignorant. Do you edit others here who also misspell? No. You don't. Double standard.

BTW I finished university. Taught myself software development and make a good living at it. So stop with the insults, it only exposes your bigotry.

You'll know when the end is coming when it is explained that coastal cities cannot be saved, but new, privatized colonies will be built inland to protect those worthies without whom prosperity would be impossible...

S390

Reminds me of a Quote:

"The illusion of freedom [in America ] will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater."

~Frank Zappa

Outstanding Zappa quote.
The man was a genius of sorts ...even if he did name his kids Moon Unit, Dweezil, Ahmet, and Diva Muffin.

Ahh...my all-time favorite modern composer...and that quote was like a cool drink on a blistering day. Thanks Samsara!

What's the phrase? "When the cat's away, the mice will play"?

Momma will always find out where you've been.
Momma's gonna keep Baby healthy and clean.
Oooo Babe.
Oooo Babe.
Ooo Babe, you'll always be Baby to me.
Mother, did it need to be so high?

I can't wait for Leanan to get back so we won't have to wade through so much of this crap. Didn't she say to limit this stuff to one per drumbeat?

If she didn't she should.

You're right, but it was important to prove that global warming denial and uncritical love of capitalism are as utterly inseperable as "states' rights" and Jim Crow once were. It's a shame, really, because Peak Oil and Global Warming are so closely related to the theology of endless growth, and most of the best writing about Peak Oil is by conservatives.

It is interesting that some people think that the option to chose your master at regular intervals consitutes democracy. What ever we want to call it, it isn't really freedom. As a Canadian (total tax over 50% or our income), I find it ironic that most medival sefs only had to give one third of their harvest to the lords.

If anything we here in Canada vote in dictators as we do not get to vote directly for the PM, as the US gets to vote for their President.

Went to the home improvement center this weekend and bought compact florescent bulbs to replace my incandescent bulbs. Read on a package that a hundred watt equivalent bulb will save up to $77 per bulb (over the life of the bulb). It uses 23 watts to produce the same brightness as a 100 watt incandescent bulb and lasts nine years or more. The 40W replacement CF bulb only used 9W to produce the same lumens as the 40W.

This is the sort of investment that may yield more than ten times the money invested in 10 years time. It might make people richer and put less carbon dioxide in the air.

Yeah, and it might even contribute a little to energy conservation, since that seems to be an issue these days... or should be. /sarc

Yes, I bought those a while ago, and they really do work great. I've heard there are some minor concerns about them containing mercury, but I can't imagine its all that terrible since there was never a Nader-esk outcry over regular florescents in stores and public buildings.

Also take into account that they last much longer than incandescents, meaning one CF bulb replaces 2 or 3 incandencents over the course of its life, thus increasing how much it saves.

The main source of mercury contamination in Americans is from silver-amalgam mercury dental fillings. The use of mercury amalgam fillings has been curtailed in parts of Europe.

One compact flourescent package was printed with up to $77. in electric bill savings per bulb. I suppose that is almost a twenty fold (20X)/10 yr. return on money spent.

Breathing mercury in vapor form is the most dangerous (and it's the vapors given off by our amalgam fillings that is the biggest problem). So the CF bulbs really are a problem - don't break them.

I understand the mercury contained in a CFL is less than that produced in the coal-fired generation required for an incandescent of equivalent brightness.

Which may be interesting in a big picture fashion, but does not mean much when you break a bulb. Unless maybe you live next to the coal plant.

Or you eat things in the food chain exposed to that Mercury.

Hello TODers,

Latest news on Antarctica follows. Recall my extensive posting series earlier on this continent and speculative predictions for the Ross Ice Shelf and Bentley Subgacial Trench.

http://news.yahoo.com/s/livescience/20080325/sc_livescience/vastantarcti...
----------------------------------
Vast Antarctic Ice Shelf on Verge of Collapse

A vast ice shelf hanging on by a thin strip looks to be the next chunk to break off from the Antarctic Peninsula, the latest sign of global warming's impact on Earth's southernmost continent.

Scientists are shocked by the rapid change of events.

Glaciologist Ted Scambos of the University of Colorado was monitoring satellite images of the Wilkins Ice Shelf and spotted a huge iceberg measuring 25 miles by 1.5 miles (41 kilometers by 2.5 kilometers - about 10 times the area of Manhattan) that appeared to have broken away from the shelf.

Jim Elliot, who captured video of the breakout said, "I've never seen anything like this before - it was awesome. We flew along the main crack and observed the sheer scale of movement from the breakage. Big hefty chunks of ice, the size of small houses, look as though they've been thrown around like rubble - it's like an explosion."
------------------------------------------
Bob Shaw in Phx,Az Are Humans Smarter than Yeast?

Here is the report on CNN:

WASHINGTON (AP) -- A chunk of Antarctic ice nine times the size of Manhattan has suddenly collapsed, putting an even larger glacial area at risk.

Satellite images show the runaway disintegration of a 220-square-mile chunk in western Antarctica.

British scientist David Vaughan says it's the result of global warming.

The rest of the Connecticut-sized ice shelf is holding on by a narrow beam of thin ice and scientists worry that it too may collapse. Larger, more dramatic ice collapses occurred in 2002 and 1995.

Peak Oil and Climate Change on ESPN the Magazine (kindly linking to TOD as the "peak oil" link...)

http://sports.espn.go.com/espnmag/story?id=3305179

PEMEX Oil Production Fell in February

Pemex reported February 2008 total oil/liquids production of 3,298,000 barrels per day.
This is less than the 3,553,000 barrels a day reported in February of 2007.

A 7.2 percent drop in total liquids production occurred over the course of 12 months.

Mexican crude exports dropped 19 percent in twelve months.

Mexico is in the danger zone--with consumption around 50% of production at peak in 2004. I expect Mexico, like the UK and Indonesia declines, to approach zero net oil exports in 10 years or less from peak, around 2014.

Boone Pickens on CNBC today (3/25/08)

There were 4 segments with Pickens today, all very interesting--

- Boone Pickens' Oil Outlook:
Insight on oil prices and OPEC, with Boone Pickens, BP Capital CEO and CNBC's Melissa Francis.

http://www.cnbc.com/id/15840232?video=696001858&play=1

- Ask Boone:
Picking the brain of a legendary oil investor, with Joe Marshall, McNamara Options; Raymond Carbone, Paramount Options; Mike Theesfeld, HPR ...

http://www.cnbc.com/id/15840232?video=696051189&play=1

- Kicking the Oil Habit:
Discussing whether the U.S. can break its addiction to oil, with Michael Economides Engineering University of Houston professor and Boone Pickens. (Wherein Pickens clearly 'gets peak oil' and Michael seems more intent on taking jabs at "The Great Boone Pickens", as he says, than on the topic at hand.)

http://www.cnbc.com/id/15840232?video=696059376&play=1

- The Last Call:
Final thoughts, with guest contributor Boone Pickens.

http://www.cnbc.com/id/15840232?video=696065856&play=1

WSJ has a teaser article posted on the apparent mirage of Saudi gas reserves today.

http://online.wsj.com/article/SB120646465208762755.html?mod=yahoo_hs&ru=...

Anyone have more information?

The full article is available at the link below. Here's another extract.

http://www.zawya.com/story.cfm/sidZW20080325000016

Saudi officials are confident there will be big finds. "There is still reason for optimism," said one. "We don't know what the success will be but the geologists are still hopeful."

One former senior Aramco official remains skeptical. "If there was a lot of gas there, we would have been exploring it ourselves," said Sadad al-Husseini, former head of exploration and production, who retired in 2004. He spent several years overseeing gas exploration in the Empty Quarter in the early 1970s. "It is just unfortunate that so much money has been spent to confirm what we knew already," he said. All of the companies declined to divulge costs.

Mr. Husseini is among a growing contingent within Saudi Arabia that believes that the kingdom's gas strategy is misguided. With signs mounting that the kingdom overestimated its available gas supplies, Mr. Husseini said, "the consequence is that we need to go back to the strategy we had before, which is to make better use of oil, to be more efficient, and to be more gradual in our industrialization."

This is why I used a 10% number for the 2007 Saudi increase in liquids consumption.

"Dealbook: Behind The Deal, The Hand Of The Fed"

http://www.nytimes.com/2008/03/25/business/25sorkin.html

Adam Smith’s invisible hand has a puppeteer: the Federal Reserve.

Poll: 3 in 4 think USA is in a recession

http://www.usatoday.com/news/washington/2008-03-17-economy-poll_N.htm

Asked if the nation could slip into a depression lasting several years, 59% said it was likely, and 79% said they were worried about it. A recession is an economic downturn that usually lasts at least six months; a depression is longer, deeper and more broadly dispersed.

We all see it coming. Doesn't mean we'll do a damned thing about it though.

The Canaries start to sing - High-priced fuel scares airlines

Like poker players dealt a bad hand, they're trying to act calm, but $100-plus oil is starting to really scare the people who run the USA's airlines.

As I have stated before there is no finacial wizardry this time to come to the rescue.

Record prices for both crude oil and refined jet fuel are threatening to send U.S. carriers spiraling toward deep losses, drastic service cutbacks, job cuts and, perhaps by year's end, an industrywide cash crunch.

The full article includes a chart of forcast finacials for US carriers at average oil price forcasts for 2008, scary stuff.

http://www.usatoday.com/money/industries/travel/2008-03-24-jet-fuel-cost...

Maybe oil wasn't the only thing Cheney was talking about ...

Saudi Shura council to discuss plan for sudden radioactive hazards

Riyadh (dpa) - The Saudi Shura council will secretly discuss national plans to deal with any sudden nuclear and radioactive hazards that may affect the kingdom following experts' warnings of possible attacks on Iran's Bushehr nuclear reactors, media reports said Saturday.

The Saudi-based King Abdul-Aziz City for Science and Technology has prepared a proposal that encapsulates the probabilities of leaking nuclear and radiation hazards in case of any unexpected nuclear attacks in Iran, the Okaz Saudi newspaper said.

The Saudi Shura or consultative council plans to debate the proposal on Sunday.

http://wiredispatch.com/news/?id=96940

According to the report below there are over 1,300 Russian technical staff at the site preparing to bring the reactor online. I suspect an attack on them ends the world. That's one way to hide Peak Oil I guess.

Russia to nearly double staff in Iran

Russia’s state –run Atomstroiexport, which is building the Bushehr plant, will boost staff by about 1,000 from 1,300 at present, RIA reported, quoting the firm's chief, Sergei Shmatko.

"In the next few weeks 200 to 300 specialists will come to the station," RIA quoted Shmatko as saying in Bushehr.

"In the course of the year we plan to boost the number of specialists by 1,000 people."

He said Russia and Iran would create a joint venture to run the Bushehr plant.

The US State Department, the world’s most vocal critic of the Iranian nuclear venture, had no immediate comment on Thursday regarding the doubling up of Russian staff at the Bushehr plant.

US Ship Shoots at Boat in Suez Canal

SUEZ, Egypt (AP) — Dozens of angry mourners buried an Egyptian man Tuesday who they said was killed by shots fired from an American cargo ship contracted to the U.S. Navy as it passed through the Suez Canal.

U.S. officials said American military guards aboard the ship only fired warning shots toward approaching motorboats Monday night and said they had received no report of anyone being killed.

The incident occurred when the merchant ship Global Patriot entered the canal from the Red Sea and was approached by small motorboats that ply the waterway selling goods to passing ships, according to both Egyptian and U.S. accounts of the incident.

And we wonder... "Why do they hate us?"

Peak Oil vs. Global Warming

Will we avoid the worst ravages of global warming because we run out of oil?

Not since King Kong vs. Godzilla have we seen a monster fight of this magnitude. Disaster vs. Disaster, Category I Apocalypse vs. Category I Apocalypse. Best of all, NASA’s James Hansen serves as referee.

In the first corner, we have Peak Oil, the premise that we’ll soon (or perhaps already) have reached the maximum production of petroleum, and that remaining reserves are far lower than generally acknowledged. The result: ever-rising fuel prices, and possibly even social and economic collapse if peak oil hits faster and harder than expected. Even the moderate-case scenarios show declining petroleum access by the 2020s—and all while China and India are ramping up a car economy.

”Implications of “peak oil” for atmospheric CO2 and climate” (PDF), Hansen and Kharecha

More Doomer Porn---
Arkansas winter wheat crop hit by flooding
Tue Mar 25, 2008 7:18pm EDT
By Julie Ingwersen

CHICAGO (Reuters) - Flooding from heavy storms last week has submerged tens of thousands of acres of winter wheat in Arkansas, a university agronomist said Tuesday.

"We've got tens of thousands of acres of wheat that has gone under water," said Jason Kelley, extension wheat agronomist with the University of Arkansas.

The flooding along the Arkansas River and its tributaries will likely lower yields in some fields and may kill the crop in other areas, depending on how long the water lingers.

Wheat should recover in areas where standing water lasts only two or three days, Kelley said, but with some rivers still rising, low-lying areas could be submerged for two weeks.

"There are a lot of fields that have been under water for five or six days, and the water is just not dropping very fast," he said.

Farmers whose wheat is damaged may switch to spring-seeded crops including corn, soybeans, rice or cotton.

Arkansas growers planted 870,000 acres of winter wheat for harvest in 2008, up 6 percent on the year. The state grows soft red winter wheat, which is planted in the fall and harvested in the spring after a dormant period in the winter.

U.S. seedings of soft red winter wheat for 2008 rose 21 percent from a year ago, reaching 10.5 million acres, as farmers took advantage of historically high prices at planting time last fall.

That jump in acreage muted the market impact of the recent flooding and potential acreage loss in Arkansas and the southern Midwest from Missouri to the Ohio River Valley.

"It's an underlying concern. But with us up over 10 million acres -- it provides a little psychological support, but not much in terms of changing the balance sheet," said Shawn McCambridge, an analyst with Prudential Financial.

May wheat futures on the Chicago Board of Trade closed Tuesday at $10.67-1/2 per bushel, up 47-1/2 cents, rebounding from a sharp sell-off last week as commodity funds resumed buying wheat, corn and soybeans.

A year ago, CBOT wheat was trading around $4.60 a bushel.

CBOT wheat futures rose 77 percent in 2007 and the May contract hit $13.49-1/2 last month, a CBOT record, buoyed by historically tight U.S. and global wheat supplies and an influx of speculative capital in the grain markets.

Soft red wheat production totaled 358 million bushels in 2007, representing about 17 percent of the overall U.S. wheat crop of roughly 2 billion bushels. Soft red wheat is used in flour for cakes, crackers and flatbreads.

(Editing by Christian Wiessner)

Tent City Blues
(from Post Peak)

Dozens of Ontario police and code enforcement officers descended upon the homeless encampment known as Tent City early Monday, separating those who could stay from those to be evicted.

Large, often confused, crowds formed ragged lines behind police barricades where officers handed out color-coded wristbands. Blue meant they were from Ontario and could remain. Orange indicated they had to provide more proof to avoid ejection, and white meant they had a week to leave.

Many who had taken shelter at the camp -- which had grown from 20 to more than 400 residents in nine months -- lacked paperwork, bills or birth certificates proving they were once Ontario residents.

"They are tagging us because we are homeless," she said, staring at her orange wristband. "It feels like a concentration camp."

Officials believe the local homeless number about 140, less than half of those currently in residence. Schultz wants to reduce Tent City to 170 people in a regulated, fenced-off area rather than the sprawling open-air campsite it has become.

As the local homeless people were separated from the others, city workers were busy setting up fencing for the new encampment. Those who are approved will get 90-day renewable permits to stay.

Peter Bibring, staff attorney with the America Civil Liberties Union of Southern California, toured Tent City and spoke with local officials.

"We are concerned that however they go about trying to reduce this population they don't depend on arrests or property seizures for people who have no other place to go and are just looking for a place to sleep," he said. "We will continue to monitor the situation."

http://www.latimes.com/news/local/orange/la-me-tents18mar18,1,7073495.st...

I got excited at first and thought Forbes published a PO article. Not so much...

http://www.forbes.com/opinions/2008/03/25/oil-prices-election-cars-oped-...

I am writing this column against the advice and wishes of my editor, because I believe that America is in danger and we must do whatever it takes to save the country. My recommendations about keeping oil prices under control may not be great ideas--or even good ideas.

My point: As a nation, we need to start thinking about the problem and preparing ourselves to take drastic steps if necessary.

First, let me say that the Saudis are right. The climbing price of oil has nothing to do with the Arabs or oil inventories or even with supply and demand. This is something new.

Right now, the world has plenty of oil. Inventories are strong and industrial activity in the U.S. is slackening. Yet the price has risen, pushed up by the decline of the dollar and the eagerness of investors or speculators--hedge funds, pension funds and every other type of fund.

A stiff tax on oil profits from speculation sounds leftist, but I think it is something we should consider.

Quote is from the Forbes editorial.

I guess when your only tool is a magic fairy wand, all problems look like Harry Potter ones.

The over-achievment awards for :
DrumBeat: March 25, 2008

jrwakefield . 44 postings
eric blair . . 24 postings
DaveMart . 20 postings

If your posting in the double digits,
you might be overposting a bit.
Sorry if I missed somone.