Free Republic

The effects of human-prompted climate change are varied and unpredictable and we’re already starting to see some of the effects. Mankind is making some important progress on reducing our reliance on fossil fuels, but it might not be happening fast enough to alter the fate of our planet and that’s bad, bad news for anyone living near the coasts. Several new studies now point to even more dramatic changes in sea level than were previously thought, with data that shows some of even the most dire predictions were off by as much as half.

Petróleos Mexicanos will pay $484,000 a day to Noble Corp. for an oil rig that will allow the company to drill in waters up to 7,000 feet deep for the first time. Pemex, as Mexico's state oil company is known, will take delivery of the Noble Max Smith rig in August under a three-year contract, Noble Corp. said in a statement. The rig is being moved to Mexico from the U.S. Gulf of Mexico following upgrades and maintenance