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 Obvious suspects are Nigeria, Kenya and Philippines! What’s up with them?

Green Day Teams With Green Group in Campaign to “Move America Beyond
Oil”â„¢
 

Watch the intro video!

[gv data="http://www.youtube.com/v/f72029iNJhY"width="450" height="370"][/gv]

 

The price of gasoline has dropped over 20 percent in the last 3 months, while some might consider this a good thing, in the long run; the only real beneficiary of this scenario is the oil company themselves.

When a gallon of gas was at $3, viable alternatives was the buzz word, from Venture Capitalists to wannabe inventors, everyone wanted a piece of the fuel pie. Technologies that are long been ignored got some well-deserved attention, not anymore though. Gas it at $2 a gallon and sounds like a bargain to those painfully paid over $50 to fill their tanks.

So how does it make the oil companies winners, for one, they made record profits this past year. And by simply dropping the price of gasoline to a point where consumer feel more comfortable filling up, they have managed to curb much needed research funding to investigate alternative fuels.

If this sounds like a note from a conspiracy theory channel, here are some facts.

1) The increase in price although unreasonable can not be considered illegal as it happened in a non-emergency situation (post-Katrina)

2) Here’s the cost profile for the past year and half:

A barrel of crude was around $24 prior to Kartina, a gallon of gas cost around $1.60.
A barrel of crude post-Katrina soared up to $70, and cost per gallon shot up to $3.07. Although the big oil blamed this squarely on OPEC, it does not explain the supply-demand aspects completely. The OPEC claims that China and India are burdening the demands, which in the ideal world would result in less than normal available gasoline (supply), supply being inversely proportional to demand, which is the one of two reason why gasoline could cost more. Americans consumed the same or more gasoline this year as compared to the same period last year, meaning, there was no short supply. Alternatively, the demand was met with increased production, in which case the cost of per-barrel is explained, but not point 3 below.
Now a barrel of crude costs around $60, and gasoline costs around $2/gallon. So either the production of gasoline has gone up (in which case the cost should drop significantly, bringing the costs below pre-Katrina levels) or the demand has dropped (in spite of approaching what is to be a cold winter)

And of course,

3) Exxon Mobil recorded $340 billion with a “B� profits this past year, Chevron made $190 billion, ConocoPhillips $166 billion.

If $3 is the price we pay to pave the path for a cleaner and more sustainable energy source, we should embrace it and as you fill up realize that your money might be fattening the pockets of big oil, at the same time opening up doors for cash inflow to alternative technologies. Ah, I miss the $3 gas.

Originally posted in D.C. Watch.

Despite the blockade, the Lebanese Ministry of Environment has started the clean up of fuel that spilled into the Mediterranean Sea after Israel bombed a power plant. Some environmentalists consider this to be the biggest environmental catastrophe in Lebanon’s history. The month old spill has reached 140 km (87 miles) of Lebanese coastline and the Syrian shore threatening marine species such as Bluefin tuna and the green turtle, which is endangered in the Mediterranean.
The Nairobi-based UN Environment Programme (UNEP) said on Tuesday “In the worst-case scenario, and if all the oil contained in the bombed power plant at Jiyyeh leaked into the Mediterranean Sea, the Lebanese oil spill could well rival the Exxon Valdez disaster of 1989.”
An Italian environmental agency that monitors the Mediterranean said the “spill posed a heightened risk of cancer, and is a high-risk toxic cocktail made up of substances which cause cancer and damage to the endocrine system. It is not oil that has flowed but fuel for power stations. This contains substances such as benzene, categorized as a Class 1 carcinogen.”
Aside from the aforementioned, the MOE website lists numerous other environmental effects of the war that Lebanon has to deal with. For the time being, the war seems to have ended, but the battle to overcome collateral damage is just getting started. There is no doubt in my mind that the destruction brought up by the conflict will resonate for years, if not decades and will substantiation the notion that “in a war, there are no winners�.

When it comes to global war on terrorism, global economy and global politics, British Prime Minister Tony Blair no doubt sides ‘unconditionally’ with President Bush. But on the issue of global warming, Blair has in the past and continues to be more pragmatic and has managed to separate himself from the baloney the US Administration has propagated and more than half the nation has bought, that “global warming is NOT anthropogenicâ€?.

Prime Minister Blair met with California Terminator Arnold Schwarzenegger (R), and signed a pact that makes the United Kingdom and the state of California partners in the battle against global warming. The agreement among other things will include sharing of research resources and technologies.

Shortly after the signing, Prime Minister Blair said “We are at least on our way to putting in place the framework that will resolve this problem,” he continued, “We know that the answers to this [climate change] will come in the end by the development of the right science and technology.â€?

California is the 12th largest emitter of carbon in the world despite leading the nation in energy efficiency standards and lead role in protecting its environment. According to a press release on CA.gov, California‘s climate change initiative will include:

1) Evaluate and implement market-based mechanisms that spur innovation that will better enable the carbon market(s) to accelerate the transition to a low carbon economy.

2) Deepen understanding of the economics of climate change.

3) Collaborate on technology research.

4) Enhance linkages between scientific communities in the UK and California.

Speaking at the signing, Gov. Schwarzenegger said, “California will not wait for our federal government to take strong action on global warming.�

If nothing, this change in Schwarzenegger attitude is evidence that Steroids are less likely to affect your logical reasoning as does alcohol, the born again Christian Bush still believes that global warming and the triple digit temperatures heat wave sweeping our nation is “God made�.

Source: http://gov.ca.gov/

I hate war as only a soldier who has lived it can, only as one who has seen its brutality, its futility, its stupidity. — Dwight David Eisenhower

The conflict in the Middle East has resulted in a massive spill where over 35,000 tonnes of oil have been spilled into the sea off Lebanon and the continuing violence is hindering the clean-up operation. To makes matters worse, the Lebanese coast has been made even worse by oil leaking from an Israeli warship hit by a Hezbollah missile. A 80km stretch of coastline has so far been contaminated by the spill, affecting beaches as well as ports and marinas. The cost of clean up is expected to be in the region of $40-50 million USD.

Source: edie.net

Photo Courtesy: edie.net

Price of oil is sky rocketing, the fed are raising interest rates, and people are feeling the pinch everywhere, not just at the gas stations, making it even harder to fight the looming recession.

One good thing out of all this might be that people will use less gasoline, and that would render our environment cleaner.

So bring it on.

Photo courtesy: CNN.

Originally posted at D.C. Watch 

Associated Press reporter David Bauder interviewed the former NBC anchor, who said that after watching Al Gore’s An Inconvenient Truth, Brokaw was impressed and wanted to pitch in his two cents. He said on talking about a new show on Discovery channel that premieres Sunday at 9 p.m., “It’s the same science that we are drawing upon and it’s irrefutable,” he said. “I thought there was too much of Gore, but that’s not my call. I thought it was very effectively done. To give credit to him, he’s been on this issue for a long period of time.”

Apparently, Brokaw’s wife, Meredith, is vice president of the environmental organization Conservation International. They’ve traveled to some of the places featured in the Discovery documentary, like Patagonia and Mongolia, and have seen firsthand the effects of global warming.

Patagonia? Mongolia? Do we need to go that far to figure out the effects of global warming, can’t he just tell by looking at his utility bills in summer!!!

Well anyway, another liberal media mogul joining the “global warming awarenessâ€? crusade only makes for good…news. Who’ll be next, Stephen Colbert?

Read the complete interview: Associated Press by David Bauder
 

 

On close examination of white splotches on the Shuttles right wing edge, NASA engineers concluded with much delight that the spots were nothing more than bird droppings!

According to Shuttle lead flight director Tony Ceccacci:
These bird droppings withstood regular Florida thunderstorms, a mighty Fourth of July launch during which 300,000 gallons of water is sprayed at the shuttle’s main engines, and a burst upward through Earth’s atmosphere. During that launch Discovery went from zero to 17,500 mph in just under 9 minutes.
p(O)ops.

To view this news from a more reliable source, visit Yahoo! News