According to President Joe Biden, we were told that the release of a million barrels of oil a day from the U.S. Strategic Petroleum Reserves (SPR) from April onwards, “will help address supply disruptions caused by Putin’s further invasion of Ukraine and the Price Hike that Americans are facing at the pump.” With average petroleum […]
Media Yawns as Joe Sells Petroleum Reserves to Hunter’s Ex-China Partner Learn More »
(This article, published on July 18 and reporting on Manchin’s action July 14, celebrated his action. Alas, the celebration was premature. Abandoning his commitment to oppose any such bill until inflation declined, Manchin embraced a new bill July 27—two weeks before the new monthly inflation rate is to be published and despite the fact that
The Man Who Saved Your Economy Learn More »
In response to growing concerns about climate change and other environmental problems, an entrepreneur, Douglas Eger, has proposed a new kind of corporation, a Natural Asset Company (NAC). Eger is the CEO of the Intrinsic Exchange Group (IEG), an organization that, in partnership with the New York Stock Exchange, “is providing a platform to list
Do Natural Asset Companies Pose a Threat? Learn More »
Back in 1954 journalist Darrell Huff published How to Lie with Statistics. The book exposed many different ways in which people use statistics, even true ones, to foist off falsehoods. Today while looking for data on trends in the numbers of operating coal- and natural gas-fired power plants in the United States I came across
Lying with Statistics About American Electric Energy Sources Learn More »
1 Thessalonians 5:21“Prove all things; hold fast that which is good.” Science has an elevated position in Western society. There are those who would try to put Christians down, by saying “You have faith, but I have science”. Science, in the abstract, is therefore assumed to be the ultimate truth, and the universal standard, against
Method In Our Science Learn More »
The federal Bureau of Labor Statistics reported today that year-on-year “inflation” through June was 9.1 percent, meaning the basket of goods constituting the “consumer price index” (CPI) that cost $100 a year ago cost $109.10 last month. That’s bad news, for several reasons. First, of course, it’s bad news because it means life gets tougher
Inflation and “Inflation” Learn More »
Last year the Cornwall Alliance reported on our blog that Sri Lanka was headed for serious trouble. Now, sadly, our prediction is coming true. The Associated Press (AP) calls Sri Lanka “a country hurtling towards bankruptcy, with hardly any money to import gasoline, milk, cooking gas and toilet paper.” In late June its prime minister
Sri Lanka: Canary in the Environmentalist Coal Mine Learn More »
Matthew 14:25 “Now in the fourth watch of the night Jesus went to them, walking on the sea.” Would you like to be able to walk on water the way Jesus did? The closest human beings have come to walking on water is water skiing, which some even do without skis. But they still need
He Literally Walks on Water! Learn More »
“Bacteria species found in glacial ice could pose disease risk as glaciers melt from global warming.” Such was the headline at Phys.org for an article announcing that Chinese researchers obtained snow, ice and cryoconite from several glaciers; attempted to grow the bacteria they scraped up; and sequenced all the DNA they found. The article went
Could Glacier Melt Cause a Pandemic? Learn More »
There are lots of happy reports on the Supreme Court’s ruling throwing out EPA’s so-called Clean Power Plan. Some go so far as to suggest that EPA is barred from regulating power plant CO2 emissions. It is not quite that simple and the result is rather amusing. EPA is still required to regulate CO2 under
EPA Now Stuck Between a Rock and a Hard Place on CO2 Learn More »
