Thursday, July 19, 2007

Plame Case Against Cheney, Rove, Libby Dismissed for Lack of Jurisdiction
Global Oil Agency Warns of Supply Squeeze
Big Rise Seen in Demand for Energy
The news here is that the New York Times has been forced to acknowledge that rise although they make sure to misdefine and mischaracterize Peak Oil: "[the report] dismisses predictions from so-called peak oil theorists that the world’s oil deposits are on the decline; quite the contrary, the industry’s view is that the world’s resources remain abundant.
'Fortunately, the world is not running out of energy resources,' the report says in a 40-page summary. 'Coal, oil and natural gas will remain indispensable to meeting total projected energy demand growth.'" J.O.

Worst Case Scenario by Ran Prieur
As Dollar Crumples, Tourists Overseas Reel
Senate Panel Questions Payments for Energy Deals Off West Africa
World Bank Panel Probing West Africa Gas Pipeline
From the "Unintended Consequences of Climate Change" Department
Venezuela May Shoot Down Unidentified Aircraft, Universal Says
Iran to Maximize Oil Income in Non-U.S. Currency
Oversight Committee Calls Up Rumsfeld for Hearing on Tillman Death
Bush Claims Executive Privilege on Tillman
Generals Called to Testify in Tillman Case
Cheney's Office Implies It Has Executive Privilege Of Its Own
In Intelligence World, a Mute Watchdog

NYC: 1. Subway Service Reduced 2. Explosion
These two events a day apart raise questions about the reliability of the city's decaying infrastructure. You won't be surprised to hear, by the way, that the assurances regarding asbestos following yesterday's explosion exactly mirror those following 9/11: "Not as bad as we feared;" "No asbestos in the air." As they did after 9/11, the authorities are relying on air rather than dust tests (which have indeed been found to contain asbestos) because the results are more in their favor. The quality of the equipment they're using should also be examined. After 9/11 EPA used equipment that was 20 years out of date. For every fiber of asbestos they found, independent contractors found nine. The risk of cancer from the asbestos alone could be one person in ten. J.O.

26 comments:

bartonbythesea said...

Oil Industry Offers Sobering Outlook on Supply -

http://www.nytimes.com/2007/07/18/
business/18cnd-oil.html?ref=business

bartonbythesea said...

New Financial Tool for Iraq Fight -

http://www.guardian.co.uk/worldlatest
/story/0,,-6786106,00.html

Rice Farmer said...

As I observed previously, modern cities need lots and lots of energy for maintenance. And as Jenna says, big-city infrastructure is already crumbling. Where will the energy come from to revamp urban infrastructure by replacing all those old pipes? The answer is, it won't happen. I assume all you New Yorkers have a Plan B.

Rice Farmer said...

Plame case: The Bush administration will not allow any such case to come to trial. This latest instance is part of the pattern we have seen since 9/11 -- none of the 9/11 cases was ever allowed to come to trial. No case that might endanger Bush or Cheney will proceed to court. I don't know what Plame was thinking.

David said...

I was beginning to wonder why it was taking so long for the Plame case to get dismissed...usually The Gears of Injustice turn swiftly in the U.S.

David Cutter said...

In case you haven't seen what Michel Chossudovsky thinks about Bush's recent executive order.

http://www.globalresearch.ca/index.php?context=va&aid=6377

Pandabonium said...

Forget going to New York City. I'd rather play "Take the 'A' Train" on my trombone than actually try to ride it these days.

Meanwhile in Big Brother's Oceania: LONDON (Citywire) - Citywire AA-rated Tim Guinness believes the oil price will hit $150 a barrel by 2010 and shock people into reducing their dependence on the resource.

Well, I should hope to hell that $150 oil would shock people into changing their ways, but I suspect most will just demand that "someone" do "something" - ie take the resource from someone else so Americans can keep on burning it, which is just what politicians want to hear because that is their stock in trade.

Rice Farmer said...

Sweet light crude is already going for over $80/bbl, so $150 doesn't sound so over-the-top. As I noted here,
http://ricefarmer.blogspot.com/2007/06/biofuel-stupidity.html
governments will find themselves with the need to cut fuel and vehicle taxes in order to keep people on the road, but since those taxes are used for road and bridge maintenance, that move will keep people on roads that will increasingly fall apart. It's a "damned if you do, damned if you don't" situation.

Pandabonium's prediction will probably come true: Many Americans will approve, or even demand, taking oil by force.

bartonbythesea said...

Britain is protecting the biggest heroin crop of all time -

http://www.dailymail.co.uk/pages/live
/articles/news/news.html?in_article_
id=469983&in_page_id=1770&in_page_id=
1770&expand=true#StartComments

bartonbythesea said...

The Coming Conflict in the Arctic
Russia and US to Square Off Over Arctic Energy Reserves -

http://www.globalresearch.ca/index.
php?context=va&aid=6344

bartonbythesea said...

Although Mexico's crude supply is in decline and Canada's oil sands unsustainable it appears that the wagons are being circled EU style right here in North America. With this last weeks Dow at 14,000, and the Plunge Protection Team working overtime I wonder how hard the US dollar will hit the wall. How will we be transitioned to the new "Amero? Well I guess at least we can be happy that Codex Alimentarius has yet to be implemented.

http://www.globalresearch.ca/index.php?context=va&aid=174

bartonbythesea said...

Call for FOI requests as NY Port Authority deny pre-9/11 'power down'

http://www.indybay.org/newsitems/2007
/07/20/18436524.php

Chris XVX said...

I was surpised the other day when I saw an anti-North American union bumper sticker. It seems like more people know about peak oil than the NAU.

Chris XVX said...

Has anybody taken any bets(literally) against the stock market. I've heard that there are ways that you can bet in the market to profit off of its downfall. Does anyone have any info or resources concerning this topic?

FTW admin said...

chris, see dailyreckoning.com

Chris XVX said...

Thanks Jenna. I do read Bill Bonner's articles from time to time.

No end seen to China floods after hundreds die.
Last week alone 150 people killed by lightning, landslides and rising waters

http://www.msnbc.msn.com/id/19909132/

Rice Farmer said...

Gasoline in Japan has topped 141 yen/liter, and Nippon Oil Co. just announced that in August it will raise the wholesale prices of petroleum products by about 6 yen/liter. Other Japanese refiners are expected to follow suit (they always do). That could well put the price of gasoline over the 144.1 yen/liter (retail) record set last September.

Now wherever I go, people say to me, "You were right -- gas just keeps getting more expensive! What should I do?" And one of my stock answers is, "Plant a big garden."

Pandabonium said...

Good comeback line, Rice Farmer.

For those in the USA, 141 yen/liter = US$4.37 a gallon.

Yes, I hugged my bicycle today! My bicycle maintenance and repair skills may become a marketable commodity sooner than I thought.

Rice Farmer said...

"Net export crisis"
http://energytechstocks.com/wp/?p=94

Although not mentioned here, this is exactly what is predicted by the Export Land Model.

Rice Farmer said...

An Australian acquaintance has just told me that the draw on natural gas the other day (for space heating) was too great to maintain pressure in the lines for his whole state.

FTW admin said...

Enrico has left a new comment on your post "Russian Energy Pipeline Giants to Form Corporate A...":

Attack planned soon?
http://www.dallasnews.com/sharedcontent/dws/news/world/stories/DN-foreign_22int.ART.State.Edition1.4234735.html

WASHINGTON (7/22) – President Bush and his top Cabinet secretaries are scaling back on foreign trips to focus on Iraq and the rest of the Middle East as the administration concentrates its priorities for the president's last 18 months in office.

bartonbythesea said...

Today here in Nova Scotia regular gasoline is US$ 1.138 liter, based on the exchange rate provided on xe.com. Agricultural (untaxed & dyed) diesel fuel is just under US$ .724 liter.

A peon said...

I thought this name seemed familiar.He's mentioned in your "Nointelpro" article from June 21st,2002,and I assume is the same Ward Churchill that wrote "Agents of Deception".I'm no expert,but I smell a smear campaign against him. "Professor Fired After Nazi-9/11 Remarks"

zenblkboi said...

Hey, has anyone read about this Executive order to block assests of anyone who attempts to interfere with the war in Iraq?!?!?! http://www.whitehouse.gov/news/releases/2007/07/20070717-3.html

bartonbythesea said...

Canada: Energy pussycat?

http://www.thestar.com/comment/
article/238985

Chris XVX said...

No help for gas buyers -- or oil investors
Rising oil prices and increased refinery costs mean gas prices will keep going up. Yet record profits mean little to investors, since companies don't have a good place to reinvest the cash.

http://articles.moneycentral.msn.com/Investing/JubaksJournal/NoHelpForGasBuyersOrOilInvestors.aspx?gt1=10221&vv=500