New and Notes: 06-23-08

Written by Paul Zannucci on 8:58 AM

(sorry I'm late. I was on the phone all morning.)

From AP: Oil rises despite Saudi output pledge

Saudi Arabia said Sunday it would produce more crude oil this year if the market needs it. The kingdom announced a 300,000 barrel per day production increase in May and said before the start of the meeting in Jeddah that it would add another 200,000 barrels per day in July, raising total daily output to 9.7 million barrels.

There you go, the awful truth. Saudi Arabia announces that it's trying to help and pushes production up a measly 200,000 barrels. Please note that their entire production will then be 9.9 million barrels a day and that we could be getting 7.5 million barrels a day for the next 20 years out of ANWR. Yet people say that the amount of oil in ANWR isn't worth the effort. That means they are lying.
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From TheGuardian: Put oil firm chiefs on trial, says leading climate change "scientist"

James Hansen, one of the world's leading climate "scientists", will today call for the chief executives of large fossil fuel companies to be put on trial for high crimes against humanity and nature, accusing them of actively spreading doubt about global warming in the same way that tobacco companies blurred the links between smoking and cancer.

Once again, major media outlets forget to use quotation marks when referring to climate "scientists". Let's make something absolutely clear about science. Science works within a paradigm. Scientists almost always have an end result in mind when they formulate theories and run experiments. These "end results in mind" typically fall under the umbrella of the current scientific paradigm. This is well and good. However, climate science is in its infancy and is really too complex at this point for the normal model to work. You see, the paradigm is too grand right now due to a lack of knowledge. Climate "scientists" can never break the paradigm because there is always just another way of looking at the information. And a new science without a breakable paradigm is not a science at all. It's closer to astrology.

If the hurricanes weren't worse, then they weren't supposed to be. If it's raining a lot this year, then it's supposed to be. If the hole in the ozone layer magically closes, then it was supposed to close. If we have a few years cooler than normal, then we were supposed to. You see, the current state of climate knowledge is so poor that anything that happens can be worked into the climate change, anthropogenic global warming paradigm.

It's bunk, and I don't care if they sue me.
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From the AP: McCain offers $300 million for new auto battery

The Republican presidential nominee-in-waiting thinks the government should offer a $300 million prize to the person who can develop an automobile battery that leapfrogs existing technology.

Now we're talking. They had people falling over themselves to win a few million dollars in the x-prize race to space. Perhaps $300 million can, in fact, inspire a new technology; although people in the know who I talk to say it isn't possible under the laws of physics and chemistry to improve battery technology that much. I suppose we'll see.
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Iraq to award oil contracts to foreign firms

Iraq will award contracts to 41 foreign oil firms in a bid to boost production that could give multinationals a potentially lucrative foothold in huge but underdeveloped oil fields, an official said on Sunday...Iraq's crude reserves are estimated at about 115 billion barrels, but it is sorely lacking in infrastructure and the latest technology to which it was denied access under years of international sanctions after the 1991 Gulf War.

Get that? 115 billion barrels? That's 100% of the current U.S. consumption for over 15 years. That's a lot of oil. Sorry Dems, but if the war wasn't about oil, maybe it should have been. Get rid of the bozo, terrorist dictator and let Iraqis restore their economy and get at their natural resources. Sounds like a win-win to me.
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Supreme Court meets Monday morning

No quotes. Just asking for a moment of silent prayer after their last decisions.

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