Sunday, June 07, 2009

May Merkel Make Her Mark

From Jenna Orkin

Five more years of those 10% of GDP deficits will quickly raise America's debt to GDP level to 100%, a level that the rating services - and more importantly, the markets - recognize as a point of no return.
Professor at USU Says US Society May Collapse (from Rice Farmer)
Goldman Sachs Predicts Oil Price Hike in 2009, 10
IATA: Airline 2009 Losses to Exceed $4.7 Billion
Oil Stored on Tankers is Up 71%
US Bailout Repayment Seen Bigger Than Expected
Green Shoots, Red Ink, Black Hole - Spitzer (from Rice Farmer)
Liberty Dollar Producers Arrested
Dollar Crisis Looming; Don't Short the Market - Jim Rogers (from Rice Farmer)
Priest Invites Parishioners to Bring Guns to Church to Celebrate Independence Day
The priest said he would also invite gun shop owners to attend the service in order to tell about their services.

Comment: Mixing church and state is a no-no, but church and commerce are way cool.
Canada: Midterm Oil Production Outlook Down 500,000 Barrels
Brazil's Actions are Combatting Amazon Deforestation

Swine Flu
Six-fold Surge in Swine Flu Cases Hits Scotland
Flu Pandemic Could Wipe 7% Off UK Economy
Swine Flu Outbreak has "Overwhelmed" US Healthcare System, Report Says
WHO Tweaks Pandemic Level to Prevent Swine Flu Panic
As Swine Flu Wanes, US Preparing for Second Wave
Tamiflu Ban for Teens Continues (Japan)
Encephalitis Shots to Resume (Japan)

Merkel's Criticism of ECB a Big Departure from Tradition
French Budget Deficit May Swell to Record as Revenue Slumps
Baltic Crisis Hits Sweden
Latvia Rings Alarm Bell for Europe
Europe Agrees How to Open Doors to Dozens of Guantanamo Detainees
Putin Takes Control in Angry Town
Russia Launches Second Train at Sakhalin 2 Plant
Ruble Reserve Currency May Not Be So Crazy
Bulgaria Warned on Gas Supplies

Gunmen Kill Guinea-Bissau Presidential Candidate

India Puts All Southers States on High Alert
China and Singapore Build Eco City
Shandong to Boost Gold Industry
China: Poor Forced to Pay for Country Road

Is this the future of food? Japanese 'plant factory' churn out immaculate vegetables
Green Algae Strategy (from Rice Farmer)
Prison Blues: States Slimming Down Inmate Meals


RanD said...

Dec. 7th's, '09 APNewsBreak article at very nicely correlates with/supports what Rice Farmer's Professor at USU Says [re] US Society May [pc pick for almost certainly/inevitably will: there's always those periodic essential exceptions to the rules, you know] Collapse at

The hand-writing's dribbling all over the walls everywhere you look these days, guys... but just for the ready-and-able to read it & receive it, of course. Just like it's always been and will always be amongst the hungry for the know. You know?

agape wins said...

Does anyone know about this site, is it for real?
How come so many things are coming out of China?
Something out of a Lab., or someone smoking weed?
Click on Event Description.

Sebastian Ronin said...

Re Tainter, the Second Law rules. Societal entropy = secession-by-default. I'm like a broken record, aren't I?

wxdude714 said...

According to this article, we doubled our natural gas reserves in the US over the past 2 years.

Rice Farmer said...

"Oil Stored On Tankers Is Up 71% Since April"

Setting aside the desire to make a substantial profit, we need to put this in quantitative perspective. Although this is refined products and not crude, it still gives us a rough idea of how long 41 million barrels will last. It sounds like a lot, but it wouldn't even last the world a whole day.

Similarly, people are ga-ga over Brazil's Tupi field. "It has a billion barrels!" Which would last the world... two weeks.

I give peak oil talks to citizen groups occasionally, and listeners are invariably floored when they hear how much oil the world consumes in a single day.

Andrea Murrhteyn said...


Letter to Nobel Institute: Norwegian Nobel Committee:

Notice of Legal and Political Request to:

(I) Withdraw Nobel Peace Prize’s from Nelson Mandela, F.W. de Klerk, and Archbishop Desmond Tutu, for (a) Intellectual Dishonesty & Hypocrisy; (b) Moral, Political and Religious Prostitution; and (c) ‘TRC-RSA’ Fraud and Betrayal; and

(II) Accept Nobel Peace Prize Nominations for Dr. Albert Bartlett; Dr. Garret James Harden, and Dr. M. King Hubbert, for Intellectually Honest and Politically Honourable Ecologically Sustainable, Human Rights, Peace and Social Justice Advocacy.

Brendan Carmody said...

Mining "Ice That Burns"

Newly discovered methane hydrate reserves deep in the ocean show promise for mining.

agape wins said...

Mario Jacome Gastelum said...
"anyone born before 1985 contributed to the current situation by happily dropping their pants and bending over."

I beg your pardon, I was born in 1935; if you have been reading here long you know some of my history, I just had to remind you of what you wrote, it must have struck a nerve with me because I wrote a long rant, which i (small) will not share!
There are two things which "set me off"; one is the arrogance of youth, possibly because I had so much;
The second is our propensity to put everything/one in boxes! Boxes, or labels of any kind are dangerous. TPTB use Boxes to divide us, to separate us from our commonality; no one generation, group, "Sect", Church, or race can be set aside, blamed, or needs to "Step aside", "as a Group". I know many of "Your generation" (WHO/which?), that don't want to work, move away from their game, or even think about what the future holds, much less become active.
I AM NOT putting you in that box. I did notice the game "Battle Tank Desert Mission" on your Blog, how do you intend to "game" a tank,B 1 bomber, or a soundless Drone? Find a Resistance Fighter from WWII, Korea, or Vietnam-they
did, hand to hand against great odds. Who do you think is teaching the youth fighting today against greater odds - TODAY--
in the world you will create, OR destroy.
Read about the lesson the Japanese learned, about Arrogance, defeat, & Dependency; Amae, Brother/Son of mine.

agape wins said...

Here we go again, is this ok?
get out of the house and into the shade, most of the world has no
"Air Cooling"--Please!!

redrosebeader said...

Mario Jacome Gastelum said...
"anyone born before 1985 contributed to the current situation by happily dropping their pants and bending over."

Actually, a lot of us born before 1985, especially those of us who came of age in the sixties and seventies didn't have any children. And we have lived our lives conserving as we learned to do during post peak oil of the US. Altho we may have lowered our pants, we used birth control!!

gamedog said...

Oil demand from emerging nations makes up larger share for first time, according to new research by energy giant BP.

According to BP's annual Statistical Review, energy consumption last year by countries from the Organisation for Economic Co-operation and Development (OECD) was 5.508bn tonnes of oil equivalent, down 1.3pc from 2007. In the non-OECD countries, it was 5.787bn tonnes, up 4.2pc on 2007.

"It is a trend which will continue to affect prices and raise questions about the sustainability of economic growth, energy security and climate change," Mr Hayward said.

Why report in "bn tonnes" how many million bpd is that?

Pandabonium said...

wxdude714 - Um, so?

Take a look at Mike's new book, "A Presidential Energy Policy", pages 112-115, or just re-read the article you linked to: "With 2 million to 4 million gallons of water, sand and chemicals used per well to fracture the shale and extract the gas, there are concerns water sources will be strained and contaminated"

Shall we give up drinking water and irrigating crops so that we can continue driving cars?

Jenna Orkin said...


got yr second message thx

Pandabonium said...

Rice Farmer - there is an interesting review of that algae book on The Oil Drum: Green Algae Strategy