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POPSThe cost of supporting Israel
These have cost the U.S. $1.5 trillion, excluding the additional costs incurred since 2001. The cost of supporting Israel increased drastically after the 1973 Israeli-Arab war. U.S. support for Israel during that war resulted in additional costs for the American taxpayer of between $750 billion and $1 trillion. When Israel was losing the war, President Richard Nixon stepped in to supply the Jewish state with U.S. weapons. Nixon’s intervention triggered the Arab oil embargo, which cost the U.S. as much as $600 billion in lost GDP and another $450 billion in higher oil import costs. The 1973 oil crisis cost the U.S. economy no less than $900 billion, and probably as much as $1.2 trillion. As a result of the oil embargo the U.S. government created the Strategic Petroleum Reserve (SPR) to “insulate Israel and the U.S. against the wielding of a future Arab “oil weapon.” The billion-barrel SPR has cost taxpayers more than $134 billion so far. Making things worse, Israel gets “first
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POPSHere’s What Israel Is Really Costing American Taxpayers Want to know what's really sinking America? These have cost the U.S. $1.5 trillion, excluding the additional costs incurred since 2001. The cost of supporting Israel increased drastically after the 1973 Israeli-Arab war. U.S. support for Israel during that war resulted in additional costs for the American taxpayer of between $750 billion and $1 trillion. When Israel was losing the war, President Richard Nixon stepped in to supply the Jewish state with U.S. weapons. Nixon’s intervention triggered the Arab oil embargo, which cost the U.S. as much as $600 billion in lost GDP and another $450 billion in higher oil import costs. The 1973 oil crisis cost the U.S. economy no less than $900 billion, and probably as much as $1.2 trillion. As a result of the oil embargo the U.S. government created the Strategic Petroleum Reserve (SPR) to “insulate Israel and the U.S. against the wielding of a future Arab “oil weapon.”
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POPSAgricultural Machines, Diesel Engines, Generators, Pump & Pumpsets(Water, Submersible, Turbine), Spr Agricultural Machines, Diesel Engines, Generators, Pump & Pumpsets(Water, Submersible, Turbine), Spr
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POPSAgricultural Machines, Diesel Engines, Generators, Pump & Pumpsets(Water, Submersible, Turbine), Spr Exporter of Rice Huller, Emery Mill, Grinding Mill, Threshers, Chaff Cutter, Blower type Engine, Belt Fastener, Transmission Belts, Agricultural Engines, Agricultural Spare Parts, farm Equipment from India
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POPSAgricultural Machines, Diesel Engines, Generators, Pump & Pumpsets(Water, Submersible, Turbine), Spr Exporter of Rice Huller, Emery Mill, Grinding Mill, Threshers, Chaff Cutter, Blower type Engine, Belt Fastener, Transmission Belts, Agricultural Engines, Agricultural Spare Parts, farm Equipment from India
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POPSElectromagnetic relativity drive being built
They also said the article should never have been published. "It is well known that Roger Shawyer's 'electromagnetic relativity drive' violates the law of conservation of momentum, making it simply the latest in a long line of 'perpetuum mobiles' that have been proposed and disproved for centuries," wrote John Costella, an Australian physicist. "His analysis is rubbish and his 'drive' impossible." Shawyer stands by his theoretical work. His company, Satellite Propulsion Research (SPR), has constructed demonstration engines, which he says produce thrust using a tapering resonant cavity filled with microwaves. He is adamant that this is not a perpetual motion machine, and does not violate the law of conservation of momentum because different reference frames apply to the drive and the waves within it. Shawyer's big challenge, he says, has been getting people who will actually look into his claims rather than simply dismissing them. Such extravagant claims are usually associated with s
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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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POPSMajor-League "Beat-Down" On Obama's Energy-Less Policies During yesterday's Special Report, Charles Krauthammer unleashed a major-league beat-down on Barack Obama's unhinged "energy" policy. Batten down the hatches.. The amount we would save in our tires generously calculated is about 1/200 of what you get from offshore oil alone, and the amount of oil shale is in the West would give us 10,000 years worth of the gasoline saved by inflating our tires. The problem with the Democratic position is they always say 'let's do x' instead of drilling. What the American people understand is you do x, y, and z, and everything. But the reason not to drill is untenable. You drill as well, and that will help us as well... ...BAIER: So inflate your tires. KRAUTHAMMER: It is not even a tenth of a hundredth of the solution. If that much.
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POPSGOP And Bipartisan Effort To Force Democrats To Lift A Drilling Ban
Washington - As Congress heads into its last week before August recess and political conventions, there's one big item on the must-do list: Action to ease energy costs for American families. ongressional leaders are increasingly deadlocked over what to do. In response, frustrated rank-and-file members on both sides of the aisle are stepping up efforts to find common ground. Rep. Nick Lampson (D) of Texas is now pursuing his own version of an offshore drilling bill that would dedicate all $2.6 trillion in expected royalties to research on alternative energy. Last week, Republicans blocked three Democratic bills in as many days: On Thursday, the House rejected a measure that would have released about 70 million barrels of oil from the nation's SPR. On Friday, Senate Republicans blocked a move that would stop excessive speculation in energy markets. On Saturday, the GOP opposed taking up a $5.1 billion Senate measure to help low-income Americans pay utility bills this year.
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POPSDemocrats Consider New Energy Strategy “I think there’s far more support across the board for SPR than anything else,” a senior aide said. Pelosi and other Democratic leaders have not said what the final SPR bill would look like, nor have they said what energy measures — which could also include a speculation bill — will be brought to the floor this week or under what rules.
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POPSAre You Serious - I Actually AGREE with Bush??? I can't believe I'm saying this, but for once I actually agree with something Bush is doing. Filling up our oil reserves is a great idea. He's taking a very small amount from the market that wouldn't have much of an impact anyway, and ensuring we have oil supplies in case a conflict or other political event limits or eliminates our supply of oil. Think about it - if a government or coalition could eliminate our oil imports, we'd be completely screwed. Keeping a back-up supply would give us enough resources to take care of any conflicts while still keeping the country running. It's like if you don't make much money, but you still sock away $50 or $100 a month into a savings account. It's not a huge deal, and if something major happens, you now have some reserves to fall back on.
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POPS Obama Eyes Active Role In Oil Markets Grumet said Obama supported a global carbon market and would seek to link a U.S. emissions trading system with the established European one "as soon as possible," though he would make establishing a U.S. program to fight warming and agreeing an international climate change treaty his top priorities. Grumet said Obama would push the biofuel industry to move into second-generation fuels made from waste and advance beyond ethanol produced by corn to avoid the "food or fuel" debate. "For this to really be a significant contribution to increasing our energy security, we're going to have to move beyond corn," he said. Grumet, head of the Washington-based Bipartisan Policy Center in addition to advising the Obama campaign, said the oil industry had "concentrated incredible market power in a small number of companies" in a way that caused alarm.
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POPSSunPower announces 22 percent efficient solar panels I wonder how long till they get around 50%, or if that's even possible. Anyway, it's really awesome to see advances like this. The SPR-315 solar panel is based on the company's brand spankin' new Gen 2 solar cells, which have a rated power output of 315 watts and boast 22 percent photovoltaic (PV) efficiency -- that's opposed to the 7% to 17% common in most commercial PV systems.
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