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Archive for the ‘Energy’ Category

World Net Daily posted a very good article about the Going Green campaign that we are getting shoved down our throats. It’s undeniable that people like T. Bone Pickens and Nancy Pelosi are ahead of the curve and stand to profit immensly from inside information and gobs and gobs of money to throw at these programs for renewable energy and control of alternative energy sources and even water rights.

The article in my opinion is very well written and if one wants an idea of the real picture behind “Going Green” than take a gander at this article:

Pelosi, Pickens plan to pick your pocket

On another note and in the same line, one of our fellow bloggers has posted a nice piece about how a cooler summer in Maine is hurting tourism there. Seems like Global Warming is in a stall pattern based on average temperatures here and in other parts of the world as well. Hmmmmm, based on all this does anyone else smell a RAT????????????

Maine’s tourism industry suffering due to cooler, wetter, weather

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As if the news couldn’t get any worse. Thought I would try to lighten it a bit by being a bit humourous with the headline. Of couse, it’s not good news, it’s more of the same, rising fuel prices. I guess anyone could predict this, it’s just a matter of how high the actual prices might top off. Anyone want to start a poll? This report states that the Energy Information Association (EIA) predicts that natural gas prices will rise 52% over 2008 – 2009 compared to last year. Other factors could contribute to steeper prices.

The story can be read here:

Natural Gas Prices Set to Jump 52%, EIA Says

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A recent report to Congress by four energy analysts stated that gas could fall to $2.00 a gallon within 30 days if they implemented a law to limit speculation.

Based on their assessment crude oil should not be above $60.00/ barrel. So, why does this continue, and can the speculation be limited? Is this what is really causing these high fuel prices? Could very well be. Some people believe it’s simply supply and demand. I tend to think someone is making a very good income and making their portfolio look very strong by speculating.

From the story at Marketwatch.com :

“Energy speculation has become a growth industry and it is time for the government to intervene,” said Rep. John Dingell, D-Mich., chairman of the full committee. “We need to consider a full range of options to counter this rapacious speculation.” It was Dingell’s strongest statement yet on the role of speculators.

After reading this story, it sounds a little more complicated than just pulling the plug on speculation and or limiting it’s functionality. Sure would be nice if it were true and could be done, but, nothing is that easy as we all know.

The Full Story:

Gas could fall to $2 if Congress acts, analysts say

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Yesterday there was a story reported on CNNMoney.com how the Airlines industry is reeling from the continuing rise in fuel costs. United Airlines announced today they will lay off some 950 pilots in an effort to conserve cash reserves and stay afloat.

Pressured by rising fuel costs, major airlines could collapse as early as this year, the coalition said. The failure of just one airline could disrupt travel for 200,000 to 300,000 daily passengers and cause between 30,000 and 75,000 immediate job losses, said the coalition.

Imagine the impact on the economy if the airline industry as a whole goes under. Business travel slowed to a crawl. Important parts and supplies slowed down by days and weeks. Travel and leisure becoming regional with only the elite being able to travel by private jets, hmmmmmm, sounds more and more like a bad science fiction novel. Is this what is ahead of us? Is this what is “planned”? I’m beginning to wonder who or what is really driving this whole thing. Add some serious wobble to this story.

The Full Report:

Fuel costs could ‘devastate’ airlines

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A scientist in Japan is confident within 10 years that he can solve Japan’s energy needs. Japan imports 100% of their energy. He believes that research he has done with a specific algae can change all that. He has spent his entire career looking for an algae that would excrete oil and he has found the species he was looking for. Give them light and carbon dioxide and they “sweat” oil.

This is a great story and one that is very promising if it can be done. Let’s hope that the fact that this has been discovered in a foreign country other than the U.S that it will come to fruition without the greedy oil industry killing it in it’s tracks.

Japanese scientists create diesel-producing algae

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