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It will soon become apparent that I have been reading the Economist. I was reading the Economist today when I was granted a flash, a fleeting glimpse, at insight into the tenuousness hold on reality that we give money. There was a passage in an article on the Anthropocene, the geological period in which a [...]
It’s a sticky subject. For much of human history, the Arctic Ocean has been largely unnavigable: The polar ice cap posed enormous risks for any would-be sailors. Over the course of 1903 to 1906 Norwegian explorer Roald Amundsen managed to navigate the Northwest Passage, but the seasonal growth of ice rendered the route impassable much of [...]
It frightens and confuses me that the field of economics, a discipline that we as a nation put such thorough and abiding stock into to make large, sweeping decisions that affect everyone, like how to allocate health care among Americans or whether to undertake air strikes in a foreign country, is so uncertain a field that it is subject to politicization. Indeed, the very economist at whose feet one sits, whether it be Adam Smith or John Maynard Keynes, is nearly synonymous in the U.S. with which political party one is affiliated.
Greetings podcast family, it’s Chuck here with a little podcast goodness recap — a chance for you to share your stories with the world! Yesterday’s show was about oil speculation and to be honest it kind of made my head hurt a little bit. It’s not a secret that finance and Chuck don’t mix. Oil speculation is pretty interesting though, and some people feel like it may have a bearing on the high prices that we’re all seeing at the pump here in the United States.
President Obama outlined his points for achieving energy security in Georgetown today after touring a UPS hub in Landover, Maryland, home of the Capital Centre, the site of what is arguably the finest show the Grateful Dead has ever played (and I was even always a Keith guy). Even before Obama delivered his speech on [...]
Oil is currently at $100 or so per barrel. The current reason for the high price is instability in Middle Eastern countries like Libya. In addition, demand for oil is increasing at a time when new oil discoveries are declining. In the United States (and many other parts of the world), coal is abundant. What [...]
There are now three companies, with three different technologies, that are claiming they can eliminate fossil fuels and replace them with something green and much less expensive. We have already talked about Joule Unlimited, which claims it can use modified E. coli bacteria to create diesel fuel at a $30/barrel equivalent price: The impossible has [...]
Yesterday I put up a post about a company that has the potential to completely eliminate the use of fossil fuels: The impossible has happened: the solution to global warming and foreign oil dependence has arrived They have created bioengineered creatures that produce diesel fuel on demand. They claim they can produce 15,000 gallons of [...]
This article indicates that, next year, the problems of carbon emissions, foreign oil dependence, oil spills, fuel shortages, etc. will all end: A brave new world of fossil fuels on demand In September, a privately held and highly secretive U.S. biotech company named Joule Unlimited received a patent for “a proprietary organism” – a genetically [...]
Nigeria is a country that has a lot of oil. It also has a somewhat more Wild West feeling than more developed parts of the world do. And parts of the country experience crushing poverty that provides people with a certain desperation. When you put these elements together you get backyard oil refineries. This photo [...]
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