Eliot Spitzer’s historic fall from grace was a blow to many progressives who believed that he would reform New York’s dysfunctional state government, but his replacement may be equally transformative, but from a Peak Oil perspective.
David Paterson will be the nation’s first legally blind Governor and only the fourth African American governor (New York’s first)since Reconstruction ended. As I wrote back in 2006, Lieutenant Governor David Paterson is not only peak oil aware , but willing to make public speeches about it and fairly eloquent on explaining peak oil to ordinary folks.
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He also has a 20+ year history with the state legislature, holding the minority leader post for the Democrats in the State Senate. News coverage has brought to light the high level of respect he gets from both Republicans and Democrats, many noting his soft touch and collegiality as very different from Spitzer’s "I’m an effing Steamroller" app...
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The financial crash has a simple cause and a simple solutionFrom: feeds.feedburner.com
Post Date: 2008-03-16 07:01:42
The WSJ has a decent article describing the current financial crisis and pulling no punches:
Debt Reckoning: U.S. Receives a Margin Call
The U.S. is at the receiving end of a massive margin call: Across the economy, wary lenders are demanding that borrowers put up more collateral or sell assets to reduce debts.
The unfolding financial crisis -- one that began with bad bets on securities backed by subprime mortgages, then sparked a tightening of credit between big banks -- appears ...
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DrumBeat: March 16, 2008From: feeds.feedburner.com
Post Date: 2008-03-16 06:07:57
Deffeyes: Seven Deadly Sins
1. Thou shalt not drive an SUV at 70 miles per hour on the freeway, with the air-conditioner running, just to pick up a half gallon of milk at the grocery store.
2. Thou shalt not waste energy and water by enjoying long hot showers.
3. Thou shalt not vote for a presidential candidate who does not speak up about peak oil.
4. Thou shalt not read the writings of Michael Lynch, Daniel Yergin, Jed Mouawad, or ExxonMobil. Pray that they may soon reco...
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DrumBeat: March 15, 2008From: feeds.feedburner.com
Post Date: 2008-03-15 06:10:59
US fuel dealers seek emergency heating oil release
NEW YORK, March 14 (Reuters) - U.S. heating oil distributors are planning to ask the government to release emergency heating oil supplies as part of a package to ease a cash crunch this winter, a source said Friday.
The squeeze for dealers has been caused by delayed payments from low-income customers and sky-high prices for their own fuel inventory and mirrors problems faced by the sector in 2004 when a run-up in prices pushed ...
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