Gulf Coast Faces Sea Level-Sinkage Double Whammy
Hurricane Gustav has been a harsh reminder that it’s only the whim of a hurricane track, a few miles this way or that, which can make the difference between a close call and another Katrina-like catastrophe for New Orleans and other Gulf Coast communities.
With the one-two punch being delivered by sinking land and rising sea levels, and with every hurricane threatening a knock-out blow, it’s getting harder to avoid that very unpopular question: How much longer can these coastal communities survive?
To get the answer Discovery News caught up with four Gulf Coast researchers and posed the question to them. Their answers differ, but they agree on one thing: The long-term prospects are not good.
"This is a discussion that should have occurred after Katrina," said Roy Dokka of Louisiana State University. Dokka has been outspoken about the measurable rates of subsidence -- the process by which land slips below sea...
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Rep. Jay Inslee (D-WA) has been named as the potential head of Obama's Department of the Interior or Department of Energy. ANP sat down with Rep. Inslee before the election... ... more
Until yesterday, the The Great Mentioner had Schwarzenegger on the shortlist for Obama Energy Secretary. That was the buzz in the Politico’s “ Dems sketch Obama staff, Cabinet ,” and on ABC’s This Week with George Stephanopoulos , where Arnold said of Obama:
I would take his call now, I will take his call when he’s president — any time. Remember, no matter who is president, I don’t see this as a political thing. I see this as we always have ... more
Until yesterday, the The Great Mentioner had Schwarzenegger on the shortlist for Obama Energy Secretary. That was the buzz in the Politico’s “ Dems sketch Obama staff, Cabinet ,” and on ABC’s This Week with George Stephanopoulos , where Arnold said of Obama:
I would take his call now, I will take his call when… ... more
Crude oil prices fluctuated between gains and declines Wednesday after the US Energy Information Administration released its weekly inventories report for the week ending 14 November.
At 1:37 p.m. in New York December contracts , which expire at the close of trade on Thursday, were down 15 cents to $54.24 per barrel on the New York [...]... more
OIL slipped below US$54 a barrel yesterday as stock markets across the globe fell and yet another US government report illustrated just how far America’s housing market has fallen. Governments, businesses and consumers have slashed energy, which has halved the price of crude since record highs in July. Light, sweet crude for December delivery fell 77 cents to settle at US$53.62 a barrel on the New York Mercantile Exchange, about where prices were in January of 2007. In London, Janua... more
Consumer prices drop record 1 percent in October
By MARTIN CRUTSINGER, AP Economics Writer Martin Crutsinger, Ap Economics Writer
59 mins ago
WASHINGTON – Consumer prices plunged by the largest amount in the past 61 years in October as gasoline pump prices dropped by a record amount.
The Labor Department said Wednesday that consumer prices fell by 1 percent last month, the biggest one-month decline on records that go back to February 1947. The drop was twice as large as the 0.5 ... more
The Energy Department on Thursday will likely report little to no change in natural gas reserve levels for the week ended Nov. 14, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.... more
Company With Hybrid Battery Solution to Seek Billions From Energy Department - Green Inc. Blog - NYTimes.com The testing, carried out by an.6 Vote(s)... more
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 ... more
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... more
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 no... more
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 ... more
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