[preacher]

“In global warming terms, the implications are nothing short of catastrophic: “

Stopped reading right there.

[longtermmemmory]

We are allowing the carbon credit energy rationing cartel to evolve.

Algore is pushing his carbon cartel to create a fictional comodity. (ie by someone buying “credit” for my uneaten ice cream, that someone will become less fat) A vicarious living credit.

The point is though, only “some” will be allowed to have an unfettered energy lifestyle while the serfs do their slave work. it is the death of social mobility.

[Born Conservative]

WE’RE ALL GONNA DIE!!!!!!!!

[Alberta's Child]

. . . Citigroup sold an even larger share, worth $12.5 billion, to the Kuwait Investment Authority (KIA) and several other Middle Eastern investors, including Prince Walid bin Talal of Saudi Arabia. The managers of ADIA and KIA insist that they do not intend to use their newly-acquired stakes in Citigroup and other U.S. banks and corporations to influence U.S. economic or foreign policy, but it is hard to imagine that a financial shift of this magnitude, which can only gain momentum in the decades ahead, will not translate into some form of political leverage.

I don't see a problem with these foreign interests buying enormous stakes in U.S. companies that are teetering on the brink of insolvency.

In fact, this article is filled with a bunch of paradoxes of this sort that make me question just about every point that has been raised.

[edcoil]

America has gone from leading the world, to being told by the world what to do under this president and his lack of action on removing all the government barriers that stop Americans from getting and making what we need in our own country.

[absalom01]

This cat is so busy grinding his eco/peace-studies/socialist ax that he can’t even keep his own propaganda straight. The US is an energy deficit state? Yeah, right. The largest proven coal reserves in the world exist in, oh, right, that would be the US. The US also has substantial supplies of uranium ore, as do Australia and Canada. Much rather do business with the Aussies and our flash-frozen neighbors to the north, anyway.

I call BS on this guy.

[shove_it]

“From Wikipedia, the free encyclopedia

Michael T. Klare is a Five Colleges professor of Peace and World Security Studies, whose department is located at Hampshire College, defense correspondent of The Nation magazine, and author of Resource Wars and Blood and Oil: The Dangers and Consequences of America’s Growing Petroleum Dependency (Metropolitan). Klare also teaches at Amherst College, Smith College, Mount Holyoke College, and the University of Massachusetts, Amherst.

Klare also resides on the boards of directors of Human Rights Watch, and the Arms Control Association. He is a regular contributor to many publications including The Nation, Tom’s Dispatch, Mother Jones, and is a frequent columnist for Foreign Policy In Focus.

He lives in Northampton, Massachusetts.

...snip...

Analysis of US threats against Iran
In November 2005, Klare alleged that a major factor motivating the George W. Bush administration to attack Iran would be its desire to distract attention from domestic political difficulties and to increase popularity for the President. US popular support for Bush increased by about 10% when the US invaded Iraq in 2003 and only dropped back to its previous level several months later.[1]

[ctdonath2]

Maybe it’s not so much the price of gas, but the value of the dollar.

Of late, I’m concluding that inflation is waaaaaay higher than officially reported. Roughly speaking ... M3 jumped 50% in 4 years; gas prices jumped 70% in 4 years; Euros jumped 50% in 4 years; and so on. Methinks that on the whole, it’s not that things are more expensive, it’s that the dollars paying for them are worth much less.

[USFRIENDINVICTORIA]

“In the case of oil and natural gas, the major energy-surplus states can be counted on two hands. Ten oil-rich states possess 82.2% of the world's proven reserves. In order of importance, they are: Saudi Arabia, Iran, Iraq, Kuwait, the United Arab Emirates, Venezuela, Russia, Libya, Kazakhstan, and Nigeria.”

This list is totally bogus — Canada has (at least) the second largest oil reserves.

It seems that their rankings excluded oil sands from the reserves — those figures are “no longer operative”. Here are better statistics:
For oil:
http://www.infoplease.com/ipa/A0872964.html

For natural gas:
http://www.infoplease.com/ipa/A0872966.html

And from “Energy Information Administration” — U.S. Department of Energy:

http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

[thackney]

Ten oil-rich states possess 82.2% of the world's proven reserves. In order of importance, they are: Saudi Arabia, Iran, Iraq, Kuwait, the United Arab Emirates, Venezuela, Russia, Libya, Kazakhstan, and Nigeria.

Canada has the 2nd largest oil reserves in the World.

What else did they get wrong?

[Extremely Extreme Extremist]

What a bunch of drivel. The U.S. has more coal reserves than Saudi Arabia has oil, plus we got oil off the coasts, in Alaska, and in the Rocky Mountains as shale oil. In addition, there’s the tar sands in Canada. We got plenty of energy, and nuclear capacity too, if the Democrats and tree-huggers would get out of the way.