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Topic: US to overtake Saudi Arabia in
oil as China´s water runs dry |
US to overtake Saudi Arabia in
oil as China´s water runs dry
Telegraph [UK], by Ambrose Evans-Pritchard
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Original Article
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Posted By:Attercliffe, 11/12/2012 7:48:09 PM
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| It is official. The US will overtake Saudi Arabia to become the world´s top oil producer by 2017. The International Energy Agency (IEA) said in its world outlook for 2012 this morning that the US will be a net exporter of gas by 2020, with all the vast implications of abundant cheap gas for its chemical, plastics, glass, and steel industries. "The United States, which currently imports around 20 per cent of its total energy needs, becomes all but self-sufficient in net terms – a dramatic reversal of the trend seen in most other energy importing countries," it said.
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Reply 1 - Posted by:
Davids918, 11/12/2012 7:51:49 PM (No. 9009878)
Don´t worry the Obama admin and their EPA will stop this from happening.
What Republicans need to do is quantify this in dollar terms that will affect the state, county and city budgets.
How it will hurt the local tax-base that pays for school teachers, police, fire, etc...
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Reply 2 - Posted by:
RUReadyY3K, 11/12/2012 7:52:08 PM (No. 9009880)
Democrats would take credit in the 2016 elections. This occurs during Obama second term. However, I don´t believe he will allow this to happen.
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Reply 3 - Posted by:
Peach1, 11/12/2012 7:57:49 PM (No. 9009892)
This will not happen under Obama.
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Reply 4 - Posted by:
oh-heck, 11/12/2012 11:25:38 PM (No. 9010291)
The EPA has tried to stop the liberation of tight oil from shale formations with emergency orders in Wyoming and Texas. Both went to court and were either beaten or dropped at the last moment by the EPA. The oil is coming from private property so the federal government is not part of permitting. In 2009, Congress left the door open for the EPA to study hydraulic fracturing with a paragraph in the Clean Water Act. This has led to demanding companies list the ingredients in their proprietary formulations, but without leading to panic among the citizens. Now they are trying to block flaring of natural gas. In TX, some of the exploration companies are installing micro-turbines to run the fracturing pumps with electricity generated on-site with the gas from the last well drilled.
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Reply 5 - Posted by:
Mr. Hanky, 11/13/2012 2:16:49 AM (No. 9010399)
I´ve always said if you could speak Chinese and sold water purification equipment you´d be rich...
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Reply 6 - Posted by:
provide, 11/13/2012 7:45:04 AM (No. 9010643)
Why not let China chop their population with cholera?
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Below, you will find ...
Most Recent Articles posted by "Attercliffe"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "Attercliffe"
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Opium addicts of Afghanistan:
Number of junkies TRIPLES to
150,000 despite war on drugs
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Daily Mail [UK], by Staff
Original Article
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Posted By: Attercliffe- 5/21/2013 7:41:16 PM
Post Reply
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A heroin addict father smokes the deadly drug contentedly as his two innocent children sit watching him adoringly. The oblivious man is part of a growing epidemic in the war-torn country of Afghanistan, which has seen the number of opium and heroin addicts tripling to 150,000, according to latest United Nations Figures, while 225,000 used the drug in 2012. In a country with a population 35million, there are now more than 1m addicts of one drug or another. It represents a major problem for the country, which produces 90 percent of all opiates in the world. Until recently
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´I never knew people could love an
old man so much´: WWII vet, 91,
´saved from daughter´s eviction´
after $138,000 raised online
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Daily Mail [UK], by Staff
Original Article
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Posted By: Attercliffe- 5/21/2013 7:18:36 PM
Post Reply
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A 91-year-old WWII veteran fighting to prevent his daughter from evicting him from his Ohio home has raised more than $138,000 from online donors to buy back his home, easily surpassing his goal. John Potter says he´s ´amazed´ by the more than 5,000 people who have donated toward his original $125,000 goal while telling his granddaughter, Jaclyn Fraley, ´I never knew people could love an old man so much.´ After Mr Potter´s daughter sent him an eviction notice earlier this year, Ms Fraley organized the desperate fundraiser for him in April while sharing with the public his dire situation.
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Stocks are booming,
so beware the bust
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Telegraph [UK], by Jeremy Warner
Original Article
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Posted By: Attercliffe- 5/21/2013 6:55:48 PM
Post Reply
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The return of ´animal spirits’ usually points to better times, but it’s more complicated now. One of the defining characteristics of an asset bubble is that most professional money men know one when they see one, but on the “greater fool theory”--the belief that when making a questionable investment there is always some idiot willing to pay even more--are very reluctant to leave it.[Snip] With equity prices again hitting new, post-credit-crunch highs--the FTSE 100 is nearly back to its turn-of-the-century peak, and the US S&P 500 already is--the old question has arisen anew: are we once again in
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Oklahoma tornado:
´Tornado Alley´ explained
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Telegraph [UK], by Paul Wright
Original Article
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Posted By: Attercliffe- 5/21/2013 6:46:17 PM
Post Reply
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On May 3 1999, Moore was one of several cities left devastated after 74 tornadoes touched down across Oklahoma and Kansas in just 21 hours. Following a path similar to yesterday´s lethal twister, the storms that struck the city 14 years ago to the month left 46 dead and 800 injured. Due to the high number of mobile homes and less robust housing in this part of the US, more than 8,000 homes were destroyed. It caused almost $1.5 billion in property damage making it the fourth costliest in the world. The National Weather Service also recorded wind speeds
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President Obama Says Tornado
Victims Will Be Helped ´Right Away´
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Associated Press, by Staff
Original Article
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Posted By: Attercliffe- 5/21/2013 10:54:00 AM
Post Reply
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WASHINGTON - President Barack Obama says he is instructing his disaster response team to get tornado victims in Oklahoma everything they need "right away." Obama calls the devastation that tore through the Oklahoma City suburbs, quote, "one of the most destructive tornados in history," even though he said the extent of the damage is still unknown. Obama spoke Tuesday after an Oval Office briefing on the latest developments from his disaster response team and as Federal Emergency Management Agency Director Craig Fugate was heading to Oklahoma. Obama has declared a major disaster in Oklahoma, ordering federal aid to supplement state
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Obama’s Mr. Irrelevant
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Post & Courier [Charleston, SC], by Editorial
Original Article
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Posted By: Attercliffe- 5/21/2013 6:18:21 AM
Post Reply
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Dan Pfeiffer’s job title is “senior advisor to the president for strategy and communications.” And on five television shows Sunday, he all too clearly communicated the White House’s strategy of remaining unclear on pertinent details about scandals now dogging President Barack Obama. “Fox News” host Chris Wallace pressed Mr. Pfeiffer on “one lingering question” about last Sept. 11’s terrorist attack on the U.S. diplomatic facility in Benghazi, Libya: “What did the president do that night?” After Mr. Pfeiffer tried a few end runs, Mr. Wallace asked: “Was he in the Situation Room?”
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Oklahoma tornado: latest
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Telegraph [UK], by Chris Irvine
Original Article
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Posted By: Attercliffe- 5/21/2013 5:58:36 AM
Post Reply
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Latest - 10.33 (04.33) This from the New York Times: When the tornado sirens went off around 2.15pm, the staff of the AgapeLand Learning Centre, a day care facility, moved 15 children into two bathrooms, draping them with a protective covering and singing songs with them to keep them calm. As the wind ripped off the roof of one of the bathrooms, they all sang "You Are My Sunshine" to remain calm. None of the children were harmed. 10.25 (04.25) KFOR news has provided us with a map of the paths of the various tornadoes to hit Moore
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Most Active Articles (last 48 hours)
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White House Chief of Staff knew about
damaging IRS audit, kept Obama in the dark
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New York Post, by S.A. MILLER
Original Article
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Posted By: FlyRight- 5/20/2013 4:15:03 PM
Post Reply
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WASHINGTON – The Internal Revenue Serviced scandal today spread further within the White House and closer to President Obama. White House spokesman Jay Carney today disclosed that Obama’s chief of staff, Dennis McDonough, and other top White House officials had advance warning that the IRS was targeting conservative groups. But he insisted McDonough and the other White House officials purposely kept Obama out of the loop.McDonough “rightly chose not to take action” to inform Obama, Carney told reporters at the daily White House briefing.
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Leaks turn to deluge
for reeling White House
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New York Post, by John Podhoretz
Original Article
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Posted By: StormCnter- 5/21/2013 4:49:13 AM
Post Reply
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The wheels came off the Obama administration yesterday. We learned of a startling assault on freedom of the press by the Department of Justice, following the revelation last week of the unprecedented information-gathering foray by that department against The Associated Press. Then, a few minutes later, the Justice Department’s inspector general released a report declaring that the US attorney in Arizona used the leak of a confidential memo to try to discredit a whistleblower in the notorious “gun-walking” scandal known as Fast and Furious (which got two federal agents killed). The leak was called “egregious.”
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Top IRS official will
invoke Fifth Amendment
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Los Angeles Times, by Richard Simon and Joseph Tanfani
Original Article
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Posted By: Scottyboy- 5/21/2013 3:53:35 PM
Post Reply
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WASHINGTON – A top IRS official in the division that reviews nonprofit groups will invoke the Fifth Amendment and refuse to answer questions before a House committee investigating the agency’s improper screening of conservative nonprofit groups. Lois Lerner, the head of the exempt organizations division of the IRS, won’t answer questions about what she knew about the improper screening – or why she didn’t reveal it to Congress, according to a letter from her defense lawyer, William W. Taylor 3rd. Lerner was scheduled to appear before the House Oversight committee Wednesday.
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Anthony Weiner announces NYC mayor run
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Politico, by Kevin Robillard
Original Article
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Posted By: Scottyboy- 5/22/2013 6:06:40 AM
Post Reply
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Former Rep. Anthony Weiner, whose career in public life came to an abrupt end when he sent lewd pictures to a college student on Twitter, jumped back into politics on Wednesday by announcing a bid for mayor of New York City. “Look, I’ve made some big mistakes and I know I’ve let a lot of people down,” the Democrat said in a 2-minute video announcing his bid. “But I’ve also learned some tough lessons. I’m running for mayor because I’ve been fighting for the middle class and those struggling to make it for my entire life.
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A Crack in the IRS Dam
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Power Line, by John Hinderaker
Original Article
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Posted By: Dreadnought- 5/21/2013 10:50:44 PM
Post Reply
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The dam protecting the IRS scandal began to crack today when Lois Lerner, the IRS official who announced, and apologized for, the improper singling out of conservative-leaning organizations by IRS employees under her command, announced through her criminal defense lawyer that she will not testify as scheduled tomorrow before the House Oversight Committee. Rather, she will assert her Fifth Amendment right against self-incrimination. This marks an enormous milestone in the IRS investigation. It can now be taken as more or less established that crimes were committed by Obama administration employees. Lerner’s lawyer tried to minimize the significance
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Man questioned in Boston Marathon
bombing shot, killed by FBI
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WCBV-TV [Boston], by Staff
Original Article
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Posted By: earlybird- 5/22/2013 7:21:44 AM
Post Reply
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One of two men allegedly being questioned in connection with the Boston Marathon bombings was shot and killed by an FBI agent in Florida on Tuesday, (Snip)A friend of Ibragim Todashev said he and Todashev were being investigated as part of the Boston bombings. He said Todashev, 27, knew bombing suspect Tamerlan Tsarnaev because both were MMA fighters. The man claims he and Todashev were interviewed by the FBI for nearly three hours on Tuesday. The friend said he left the interview, and when he came back to the apartment he found that there had been a shooting.
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Howard Dean: ‘Benghazi
is a Laughable Joke’
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National Review Online, by Andrew Johnson
Original Article
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Posted By: KarenJ1- 5/21/2013 11:59:15 AM
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Former Democratic National committee chairman Howard Dean considers the controversy over Benghazi a “joke” and “silly.” “Benghazi is a laughable joke,” Dean proclaimed twice in a discussion with Republican National Committee communications chairman Sean Spicer last week. “With all due respect, governor, when four Americans die serving this country, that’s not a joke, sir,” Spicer responded. “Oh, stop it,” said Dean. The former Democratic presidential candidate also said that there were “no serious questions being asked about Benghazi” and brushed it off as an effort by Republicans to score political points.
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