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POPSOil Supply Increases, Oil Price Increases Proof again supply is not the problem driving prices on oil and gas. Note this happens as the oil laden Caspian region (Russia, Georgia, etc.) comes into play with war and rumors of war--and particularly as Condi Rice (former exec at Chevron) goes around heightening US rhetoric against Russia and signing provocatory missile agreements with its satellite states. It is not actual supply so much as perceived supply which is effected by wars and "geopolitical" tensions and factors . Change the (neoconservative) war policy, prices will drop.
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POPSAlternative energy needs help from Congress It's crazy to me to see the Bush administration and many members of Congress focusing on drilling for oil with such passion, yet you hear next to nothing from them about investing whatever resources are necessary to jump start a brand new industry that could significantly lessen our dependence on oil. Seeing what Russia is doing in Georgia should make the U.S. government's desire to aid the development of alternative sources such as solar and wind even that much greater.
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POPSOil: An Industry in Crisis? Not sure if that's the case--crisis might apply to the financial services industry right now--but it's certainly an interesting article.
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POPSWindy NIMBY An intriguing story about the wind energy industry in upstate New York. Now, corruption, if it's happening, is a legitimate concern. And I can see how a constant humming would be annoying. Vertigo, etc. But I'm not sure I understand the "destroys scenic views" complaint. I mean, windmills look really cool.
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POPSChavez To Discuss Joint Banking Venture During Moscow Visit The socialist leader, an outspoken critic of Washington and opponent of neoliberalism, has focused his foreign policy on bolstering ties with countries outside the U.S. sphere of influence since coming to power nine years ago. Chavez said last week he expected to meet Russian President Dmitry Medvedev and discuss a number of industrial and technological projects as part of a visit aimed at boosting bilateral relations. PetroCaribe is a regional energy security alliance between Caribbean countries and Venezuela established in 2005. The alliance enables its 17 member countries to purchase Venezuelan oil under a flexible credit payment system.
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POPSU.S.-Georgia training begins amid Russia strain Okay people once again its time to wake-up.. This was back in July! Remember, it was American backed Georgia that attacked Russian peacekeeping troops.. The Stock Market just experienced a sudden surge.. This is another set-up by the bankers and Govt.. Russia for understandable reasons isn't threatened by us -- we have no manufacture, infrastructure, money, troops for war .. We are all busy on the last Govt lie 911.. The outcome of this isn't good -- once again we are protecting an oil source (pipeline) that bypasses Russia to the west.. Russia supplies energy, resources to most of Europe so there WILL be NO support on this one.. But watch out I'd bet money Israel has a play in this somehow again as they sit back and watch while we get involved in yet more mess!!!!
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POPSFREE email: Drill Now -- Stop the Gang of 10 The compromise plan offered by the Gang of 10 limits drilling to 50 miles off the coast of a few states, not all, and depends on an opt-in by those states. There is no mention of ANWR or of developing America's oil shale. Doing nothing is actually a better option than the compromise of the Senate's Gang of 10 because the oil drilling ban imposed by Congress expires on September 30. Democrats in Congress must renew this ban in order to continue to block America's access to her own oil. Due to Senate rules the minority may be able to block that renewal unless the Gang of 10 prevents it. Sen. McCain has not yet agreed to this compromise. Tell the Senate, the Gang of 10 and especially John McCain that voters don't want compromise with Democrats. Voters want to Drill NOW!
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POPSAbout That Pelosi, Pickens Plan To Pick Our Pocket
but the then necessary development of the infrastructure and conversion to such energy will take even longer. We are not going to abandon gas and oil any time soon, no matter what the loudest advocates of renewable energy sources insist. As a writer noted at Fosters.com, a sane energy policy will require tuning in to a program of multiple sources. Fossil fuels -- developed and yet to be developed -- wind power nearing a scope envisioned by T. Boone Pickens, solar power, nuclear power, biomass, geothermal power and sources we haven't thought of yet are in our future - as in waaay in our future. Pickens' plan is bold — too bad it won't work The Pickens Plan isn't the boon for energy independence that it purports to be. Dallas billionaire investor and oilman-turned-wind-farmer Boone Pickens unveiled an audacious plan that he hopes will prod policymakers into a more realistic discussion of energy issues. http://www.chron.com/disp/story.mpl/front/5882292.html
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POPSFrozen Katrina People will freeze to death this winter while republicans ignore assistance in favor of voting for offshore oil drilling. Last year LIHEAP was only able to assist 16% of eligible recipients forcing the poor to choose between food, medicine or heating fuel. And Bush proposed cutting the aid by $379 million. The total annual funding for this program amounts to less than what the U.S. spends every week in Iraq. They way we treat our disadvantaged, poor and homeless is atrocious.
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POPSHow To Stop Putin What we can do is alter Putin's cost-benefit calculations. We are not without resources. There are a range of measures to be deployed if Russia does not live up to its cease-fire commitments: 1. Suspend the NATO-Russia Council established in 2002 2. Bar Russian entry to the World Trade Organization. 3. Dissolve the G-8. Putin's dictatorship long made Russia's presence in this group of industrial democracies a farce, but no one wanted to upset the bear by expelling it. No need to. The seven democracies simply withdraw. (And if Italy's Silvio Berlusconi, who has been sympathetic to Putin's Georgia adventure, wants to stay, he can have an annual G-2 dinner with Putin.) Then immediately announce the reconstitution of the original G-7. 4. Announce a U.S.-European boycott of the 2014 Winter Olympics at Sochi. The most crucial and unconditional measure, however, is this: Reaffirm support for the Saakashvili government:
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POPSWhoring for Her Big Wind Investments Naturally, the Pickens Big Wind plan is proudly endorsed by Do-Nothing Pelosi’s friends at the obstructionist Sierra Club. Through another company, Mesa Power, Pickens has committed upwards of $12 billion in wind farms on the Texas panhandle. CEFC and Mesa Power are separate entities. But what benefits one piece of the Pickens puzzle benefits them all. The wind venture, as Pickens himself acknowledges, depends on permanent federal subsidies. Speaker Pelosi bought between $50,000 and $100,000 of stock in Pickens’ CLNE Corp. in May 2007 on the day of the initial public offering: “She, and other investors, stand to gain a substantial return on their investment if gasoline prices stay high and municipal, state and even the Federal governments start using natural gas as their primary fuel source. If gasoline prices fall? Alternative fuels and the cost to convert fleets over to them becomes less and less attractive.”
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POPSGeorgia/Russia - The story behind the story
"No sooner was BTC completed, however, than Western officials began exploring the possibility of other pipelines that could reach beyond Georgia and Azerbaijan to Turkmenistan, which was thought to have some of the world's largest gas reserves. Their interest was not only in "energy security" and the prospect of oil riches for Western energy companies, but also in promoting Western-style democracy and free-market capitalism in the former Soviet republics. " "Putin understands better than anyone that oil and gas are the source of Russia's resurgence as a military and economic power and his own control over the Russian government and key sectors of its economy. It is oil and gas that provide the money to maintain Russia's powerful military, along with a vast internal security apparatus and network of government-controlled enterprises that allow the president-turned-premier to maintain his iron grip on the levers of political and economic power. "
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POPSThe Five GOP Senators Killing The Energy Issue For Americans The WSJ explains that by "riding voter discontent over high gas prices, the GOP has made antidrilling Democrats this summer's headlines." But, along comes the Gang of 10, complete with five GOP senators who are quite eager to stick it to conservatives and cave in to the Democrats. The plan is a Democratic giveaway. New production on offshore federal lands is left to state legislatures, and then in only four coastal states. The regulatory hurdles are huge. And the bill bars drilling within 50 miles of the coast -- putting off limits some of the most productive areas. Alaska's oil-rich Arctic National Wildlife Refuge is still a no-go. The highlight is instead $84 billion in tax credits, subsidies and federal handouts for alternative fuels and renewables. The Gang of 10 intends to pay for all this in part by raising taxes on . . . oil companies! The Republican Five has potentially given antidrilling Democrats the political cover they need to neutralize energy through November.
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POPSDebunking 'Truths' About Offshore Drilling No, the United States cannot drill its way to energy independence. But with the roaring economies of China and India gobbling up oil in the two countries' latter-day industrial revolutions, the United States can no longer afford to turn its back on finding all the sources of fuel necessary to maintain its economy and its standard of living. What's required is a long-term, comprehensive plan that includes wind, solar, geothermal, biofuels and nuclear -- and that acknowledges that oil and gas will be instrumental to the U.S. economy for many years to come.
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POPSDemocrats Plan To Reduce Gas Prices: Buy OPEC Oil? "Releasing oil from the Reserve is a tool to manage our national and economic security, and when judiciously used will in no way jeopardize national security," the California Democrat wrote. Thus, Democrats favor exploration of the SPR, which is supposed to be used only for catastrophic shortages, but believe that drilling for oil in the U.S. is "a hoax". Can someone explain to me why Democrats only hate oil that's made in America? Update: "Obama releases Exxon ad and hopes no one notices it's a lie"... You just can't make this stuff up... Despite his new TV ad, Barack Obama has received more money from Exxon and Mobil employees than Senator John McCain. Update II: "Tire-Gauge Industry Pumps Up Obama Campaign Coffers."
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