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petroleum

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Greening Detroit: the Automotive Industry Could Pave the Way to Green Transport

November 17, 2008 :: J.E. Robertson :: No Comment Yet

Just a couple of years ago, the conventional wisdom dictated that financial minds must view “green technology” as pie in the sky, an unaffordable idealistic quest for something beyond the “easy” solution of endless oil. Then, almost overnight, the financial markets discovered that oil was not infinite, that the entire US economy was beholden to the pricing whims of an international cartel —this was long known, but tolerated—, and failure to go green could cripple the world’s most powerful democracy.

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Why Nuclear Power & New Offshore Drilling Are Counterproductive

July 30, 2008 :: J.E. Robertson :: 3 Comments

With gasoline prices at record highs, and the strain on a weak American economy already at an extreme, Pres. Bush is pushing Congress to hold an “up-or-down vote” on renewed exploration of the Outer Continental Shelf (OCS) before its August recess. Opponents protest that none of any oil found there would be available for production for 10 to 15 years, and the OCS plan is an attempt to deliver oil firms an otherwise unjustifiable gift, taking advantage of the pressurized situation of exorbitant prices.

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Gasoline Record Price $4.11/gallon in U.S.: Are Pricing Mechanisms Legitimate?

July 7, 2008 :: admin :: No Comment Yet

As the United States emerges from its national independence celebration, traditionally a holiday when citizens across the nation take to the roads to visit family, friends or vacation sites, regular unleaded gasoline has hit a record high price of $4.11 per gallon. With some economists having forecast an unusually slow driving holiday, and anecdotal reports […]

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Crude oil hits $100/barrel; Justice launches criminal investigation of CIA destruction of videotapes; Pakistan asks UK to head Bhutto investigation…

January 2, 2008 :: admin :: No Comment Yet

2 January :: Crude oil prices hit record $100, before falling to $99, amid claims of high demand, violence in oil producing countries, driving prices higher; the rapidly weakening dollar is also considered to be a factor in the rising prices… US Justice Dept. launches criminal probe of CIA destruction of hundreds of hours of […]

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US military to hand detained AP photographer over to Iraqis; FBI says hate crime up 7% in US; Chávez threatens $200 oil if Iran attacked…

November 20, 2007 :: admin :: No Comment Yet

20 November :: US military to turn over AP photographer to Iraqi authorities for prosecution, accusing him of links to terrorist groups; AP says no such links have even been demonstrated, Iraq native —who won Pulitzer Prize with team of AP photographers— was detained by US after offering shelter to people fleeing a bombing raid […]

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Blair proposes jobs plan for West Bank, Gaza; oil nears $100/barrel, fears of widespread recession; Senate bill bars telecom immunity in wiretap…

November 19, 2007 :: admin :: No Comment Yet

19 November :: Fmr UK PM Tony Blair, envoy for ‘Quartet’ —UN, US, EU, Russia— to Middle East, has proposed a sweeping economic regeneration, job-creation plan for Palestinian territories, to dissuade militancy, get territories on path to viable statehood, long-term peace; plan to include Jericho trade-park, a checkpoint-free Jordan-Jericho trade corridor, public works projects like […]

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Mukasey takes helm as AG; 4,000-year-old temple found in Peru; IPCC expected to push binding emissions cuts…

November 12, 2007 :: admin :: No Comment Yet

12 November :: Judge Mukasey was sworn in Friday as US attorney general, after key senators said they were re-assured by his promises not to endorse any interrogation practices beyond the law… “A 4,000-year-old temple filled with murals has been unearthed on the northern coast of Peru, making it one of the oldest finds in […]

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Musharraf plans to lift state of emergency within 30 days; San Francisco demands answers for fuel spill; Georgia parliament backs martial law…

November 10, 2007 :: admin :: No Comment Yet

10 November :: Pakistan gov’t announces plans to lift state of emergency within one month, saying it was declared to fight radical fundamentalist militia allegedly spreading from country’s northwest border provinces… NY Times reports “The Pakistani police allowed the opposition leader Benazir Bhutto to leave her house today, but blocked her from visiting the home […]

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Bhutto home surrounded by Pakistan security forces; CA sues EPA for emissions inaction; Mukasey approved by Senate as next AG…

November 9, 2007 :: admin :: No Comment Yet

9 November :: Musharraf’s forces in riot gear have surrounded home of Bhutto’s home, alleging suicide bombers are waiting to strike, no one being allowed in or out; move is aimed at preventing her holding massive rally in Rawalpindi; after she attempted to leave, she was prevented by gov’t forces, she has been placed under […]

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Musharraf forces beat, gas attorneys calling for rule of law; US energy bill could produce massive shift in national fuel consumption, wean off oil…

November 8, 2007 :: admin :: No Comment Yet

8 November :: Musharraf forces beat and tear-gassed demosntrating lawyers before taking them into custody; reports suggest intimidation has been widespread, with int’l press reporting security forces “charged” a group of more than 1,000 lawyers chanting anti-Musharraf slogans in Lahore; deposed supreme court chief Chaudry calls on lawyers to step up demonstrations nationwide, as demands […]

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CBS reveals key fraud in Iraq WMD intel; Bhutto leaves Pakistan, rumors of martial law; crude reaches $96/barrel record high price…

November 2, 2007 :: admin :: No Comment Yet

2 November :: 60 Minutes reveals WMD intel fraud, Iraqi emigré known as ‘Curve Ball’ by spy agencies said to have lied to officials about involvement in WMD work in Iraq in order to get asylum in Germany; US later used his false claim as support for invasion of Iraq; program to air Sunday in […]

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ABA recommends freeze on all execution, nationwide; Cristina Fernández de Kirchner wins Argentine presidency; Exxon seeks to reduce Valdez judgment…

October 29, 2007 :: admin :: No Comment Yet

29 October :: American Bar Association finds irregularities throughout death-penalty system in US, says moratorium should be imposed by all states until thorough examination, correction of systemic flaws is carried out; “After carefully studying the way states across the spectrum handle executions, it has become crystal clear that the process is deeply flawed” an ABA […]

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GAO finds terrorist watch list may target too many people; St. Bernard breed may prove Darwin’s evolution; oil over $92/barrel…

October 26, 2007 :: admin :: No Comment Yet

26 October :: Report from Government Accountability Office (GAO) finds terrorist watch list may be targetting too many people to be effective, including 755,000 names as of May 2007, 860,000 at present; critics of the list say it threatens civil liberties, contravenes Constitutional protections; Sen. Lieberman has expressed concern about its “500 percent increase in […]

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Half million Californians forced to flee wildfires; fossil record shows high temps correspond to mass extinction; China launches lunar probe…

October 24, 2007 :: admin :: No Comment Yet

24 October :: More than 500,000 Californians have been evacuated as wildfires blaze out of control, more than 1,000 structures destroyed; firefighters admit they cannot control the fires, can only hope at present to protect people; Gov. Schwarzenegger has warned the White House the fires are too vast to be dealth with by state agencies… […]

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UN Security Council unanimously ‘deplores’ Burma crackdown; Gore wins Nobel Peace Prize; Afghanistan closes 2 security firms, probing 10 more…

October 12, 2007 :: admin :: No Comment Yet

12 October :: UN Security Council passes unanimous non-binding declaration that it “strongly deplores” the violence used by Burma’s military gov’t against peaceful demonstrators; statement also calls for release of “all political prisoner and remaining detainees”, as well as urging direct talks with opposition, pro-democracy leader Aung San Suu Kyi, significant action to move Burma […]

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Economy of Errors: How Abundance May Bring Scarcity

November 22, 2005 :: J.E. Robertson :: 2 Comments

The global economy in its present form is not only full of and forced to deal with problematic distortions; it has come to depend a great deal on the “bubble” effect of certain miscalculations and manipulations. Assumptions built into weak threads in the economic web mean that markets are not able to set prices or distribute wealth at sustainable levels.

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