Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Saturday, March 16, 2013

President Obama's Weekly Address - March 16, 2013

Time to Create the Energy Security Trust


Monday, June 23, 2008

Addict-In-Chief

I guess Thomas Friedman has finally stopped defending Bush. Here's what he has to say about our awesome leader.

NY Times: Two years ago, President Bush declared that America was “addicted to oil,” and, by gosh, he was going to do something about it. Well, now he has. Now we have the new Bush energy plan: “Get more addicted to oil.”

...It’s as if our addict-in-chief is saying to us: “C’mon guys, you know you want a little more of the good stuff. One more hit, baby. Just one more toke on the ole oil pipe. I promise, next year, we’ll all go straight. I’ll even put a wind turbine on my presidential library. But for now, give me one more pop from that drill, please, baby. Just one more transfusion of that sweet offshore crude.”

It is hard for me to find the words to express what a massive, fraudulent, pathetic excuse for an energy policy this is.

How incredibly bad is it when Thomas Friedman is ripping you to shreds?

Wednesday, May 21, 2008

Israel Doesn't "Appease" Bush

How the monkey has fallen.

HuffPo: According to 29-year CIA veteran and former NSC official Bruce Riedel, Wednesday's announcement of joint peace negotiations between Israel and Syria revealed President Bush's diminished standing in Middle East affairs.

"Think of the irony," Riedel said. "George Bush goes to Jerusalem last week. He gives an impassioned speech about never dealing with nasty regimes [that sponsor terror]. He basically says 'don't make agreements that appease [them].' And less than a week later, the Israeli government announces it is engaged in peace negotiations with the Assad dictatorship in Syria. We're talking about a rather distasteful regime that likely had a hand in the murder of [former Lebanese Prime Minister] Rafik Hariri. I guess [Israeli Prime Minister] Ehud Olmert didn't think the speech was meant for him."

So Bushy had a rather sucessful trip, no? He makes some asinine comments for domestic political gain that are ignored by Israel, and then goes to Saudi Arabia to kiss ass and ask for an increase in the oil output, to which the Saudi prince chuckles and pats him on the head. "Don't let the door hit you in the ass on the way out, Georgie." That's our powerful leader!

Thursday, February 1, 2007

Terror Free Gas!

I just caught this on MSNBC. A gas station in Omaha, Nebraska is advertising itself as "terror free", claiming it is using non-Middle East oil. According to the owners of the gas station, any money used to buy gas that is manufactured using Middle Eastern oil is directly going to "Islamic Terrorism" and there are signs on the gas pumps to prove it!


This is a nice sentiment, but not very likely. The oil used is blended in pipelines, so there is no way to guarantee that it is coming solely from a location that isn't using oil from the Middle East. It is disturbing, however, that the gas pump has a lovely little logo on it, using images of the World Trad Center, the Pentagon and containing the flight numbers of the four jets that went down on 9/11.

Call me a pessimist, but it seems to me that this is a marketing ploy to tug at the patriotic heartstrings of passers by looking to fill up. Otherwise, why bother with the fancy logo?

Thursday, December 28, 2006

In-the-Ground Truth in Iran?

This is direct from David Corn's website. I've copied and pasted instead of linking because, for some reason, you can't link to a specific column, only the main page, on Corn's site. Fix it, Dave!

David Corn: "The most important news story of this week (so far) was an 8-paragraph piece buried on p. A9 of [the Dec.26] Washington Post. The Associated Press story reported:
Iran is suffering a staggering decline in revenue from its oil exports, and if the trend continues income could virtually disappear by 2015, according to an analysis published Monday in a journal of the National Academy of Sciences.
Iran's economic woes could make the country unstable and vulnerable, with its oil industry crippled, Roger Stern, an economic geographer at Johns Hopkins University, said in the report and in an interview.
Iran earns about $50 billion a year in oil exports. The decline is estimated at 10 to 12 percent annually. In less than five years exports could be halved and then disappear by 2015, Stern predicted.

Hold on. If this is true, it changes the popular conception of the ongoing Iran crisis. In the conventional view, Iran is enriching uranium for one reason alone: so it can become a nuclear power, dominate the Middle East, and threaten the Israel and the United States. The Iran war hawks (formerly known as the Iraq war hawks) scoff at the notion that Iran might have other motives for enriching uranium. They dismiss Iran's claim that it is processing uranium as part of a civilian nuclear energy program. With all that oil? the hawks argue. No way.

The supposed implausibility of Iran's argument has been fueling the move toward confrontation--that is, war. And in recent weeks I've spoken to several outside-the-administration Iran experts who believe the Bush White House is intent on military action against Iran--probably air strikes. Yet what if the Iranians are essentially telling the truth?

I have no sympathy for the repressive theocrats of Tehran and do not counsel taking them at their word. But before there is another march to war, there ought to be close scrutiny of the reasons for that march.

The rest of the AP story depicts a more nuanced situation than the one depicted by the beaters of the drums of war:
Stern's analysis, which appears in this week's edition of the Proceedings of the National Academy of Sciences, supports U.S. and European suspicions that Iran is trying to develop nuclear weapons in violation of international understandings. But, Stern says, there could be merit to Iran's assertion that it needs nuclear power for civilian purposes "as badly as it claims."
He said oil production is declining and both gas and oil are being sold domestically at highly subsidized rates. At the same time, Iran is neglecting to reinvest in its oil production.
"With an explosive demand at home and poor management, the appeal of nuclear power, financed by Russia, could fill a real need for production of more electricity."
Iran produces about 3.7 million barrels a day, about 300,000 barrels below the quota set for Iran by the oil cartel, the Organization of Petroleum Exporting Countries.
The shortfall represents a loss of about $5.5 billion a year, Stern said. In 2004, Iran's oil profits were 65 percent of the government's revenues.
"If we look at that shortfall, and failure to rectify leaks in their refineries, that adds up to a loss of about $10 billion to $11 billion a year," he said. "That is a picture of an industry in collapse."
If the United States can "hold its breath" for a few years it may find Iran a much more conciliatory country, he said. And that, Stern said, is good reason to belay any instinct to take on Iran militarily.
"What they are doing to themselves is much worse than anything we could do," he said.
"The one thing that would unite the country right now is to bomb them," Stern said. "Here is one problem that might solve itself."

Doing nothing--starting no war--and solving a problem? That sounds pretty damn good. Whether Stern is right or not, what's happening within Iran deserves far more coverage within the US media. Without more information, the public will not be able to evaluate--or challenge--the next case for war."

 
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