Posted by: AGelbert« on: March 26, 2017, 06:31:45 pm »
Paul R. Ehrlich and Michael Killen Discuss Trump, Scientists and Climate Change
Posted by: AGelbert« on: March 26, 2017, 06:31:45 pm »
Paul R. Ehrlich and Michael Killen Discuss Trump, Scientists and Climate Change
Posted by: AGelbert« on: March 22, 2017, 10:37:11 pm »
A Few Ways This Collapsing Planet Has Lost Its Damn Mind on March 22, 2017
Published on Mar 22, 2017
For today's edition of my End Times Headlines Roundup rant, I flip through the mainstream media for more evidence of how this planet is careening into a giant methane crater at 67,000 mph while clueless morons are painting the planet white.
Posted by: AGelbert« on: March 20, 2017, 07:51:47 pm »
Trumpers in a huff about a Prophetic Billboard Warning for the USA
Posted by: AGelbert« on: March 20, 2017, 07:01:25 pm »
I like this Texan.
How the Planet Is Weaning Itself Off Fossil Fuels : Economic Meltdown Roundup 3/20/17
Published on Mar 20, 2017
In this week's edition of my Economic Meltdown Roundup rant, I turn to the mainstream media's Finance Pages to see how the Global Industrial Economy is pulling out all the stops to take down the planet.
Posted by: AGelbert« on: March 14, 2017, 06:28:48 pm »
Trump Golf Course Vandalized Over President's Blatant Disregard for the Environment
Mar. 13, 2017 07:34PM EST
Posted by: AGelbert« on: March 01, 2017, 06:32:57 pm »
"It's Real. It's Us. Scientists Agree. It's Bad:"
Climate Change Meltdown Roundup
Posted by: AGelbert« on: February 11, 2017, 05:17:08 pm »
Posted by: AGelbert« on: January 20, 2017, 11:43:11 am »
Posted by: AGelbert« on: January 08, 2017, 09:37:02 pm »
Did you know that Trump has a fetish for the number 666? The Trump tower is 666 feet high and Trump lives on the 66th floor. Perhaps his bedroom is in the 66.6th part of the building. LOL!
The reason 666 is a big deal for a lot of people that like money is because King Solomon, reputed to be the richest person in history, received a tribute of 666 "talents" (a LARGE several pound measure of gold) each year. But in the New Testament of the bible, the number 666 is associated with the anti-Christ.
I was gob smacked when I learned that Trump's Jewish son-in-law is involved in a $666,000,000 financing deal with Santander Bank (world class crooks - 20th largest bank in the world that unloaded junk bonds on customers without warning of the risk) for some building project.
It looks like Trump wants to play the role of the End Times World Leader, whether he believes in any scripture or not.
At any rate, he is really obsessed with the number 666. I find that strange and troubling. Hitler was superstitious too...
Top five Donald Trump eerie 666 connections:
1. Trump Tower is on 666 Fifth Avenue, New York City
2. The Tower also happens to measure 666 feet tall
3. Trump inherited his grandmother’s real estate empire when she died on June 6, 1966 = 6-6-6
4. The billionaire tycoon announced his candidacy for president on June 16, 2015 = 6 + (1×6) + (1+5) = 6-6-6
5. And the year 2016 when he won the US election = 666+666+666+6+6+6
Posted by: AGelbert« on: January 07, 2017, 06:03:11 pm »
The challenges of an observant person in a "Capitalism is good" brainwashed society.
Have a Nice Day!
Posted by: AGelbert« on: December 23, 2016, 02:42:40 pm »
North Pole expected to reach 50 degrees warmer than normal
Temperatures are expected to climb to just below the freezing point on Thursday, much higher than is usual during an Arctic winter.
Weston Williams @westonwolf359
December 21, 2016 —Just a few days before Christmas, Santa may have to take off a few layers to stay comfortable at the North Pole.
According to current weather models, the Arctic is going to be unseasonably warm later this week, with air temperatures climbing to just under the freezing point (32 degrees F.) on Thursday. While that may seem plenty chilly, it's sweltering by Arctic standards, about 40-50 degrees Fahrenheit above normal for this time of year.
While anomalous warm days have always been possible – weather everywhere can have odd short-term fluctuations – some indicators suggest that unseasonable warmth at the North Pole is becoming more frequent due to global climate change and melting ice.
And after a record-breaking warm year and an unusually warm November that significantly dropped ice coverage in the Arctic, it looks like 2016 may be ending on yet another unpleasantly warm note in the far north.
According to a study published in the journal Nature earlier this year, Arctic temperature spikes occur once or twice every decade since the 1950s. But this is the second December in a row where a temperature spike like this has happened in the Arctic. Last year's spike was even more extreme than this one is predicted to be, with temperatures passing the melting point, an extremely rare occurrence in an Arctic winter.
The predicted temperatures later this week are driven in part by a series of storms that are bringing uncommonly warm air to the region. The main culprit is a storm set to hit Greenland and Britain that could be a record setter for strongest storm to develop in that area of the North Atlantic.
While two consecutive years of unseasonable heat in Arctic winter could be an indicator of climate change, Zachary Labe, a doctoral student researching the Arctic at the University of California-Irvine, cautions that two similar instances in a row do not necessarily define a new normal – at least, not yet.
"I don't think anyone can for sure say" that these unseasonable temperatures are becoming more common, Mr. Labe told The Washington Post. "The variability in the Arctic is tremendous."
A heat spike like this may be unusual, but the overall upward climb in Arctic temperatures is clear. While the rest of the world has also been feeling the heat on climate change, the Arctic is warming about twice as fast as the rest of the globe, making for much more dramatic environmental shifts in the far North.
In November, for instance, a month usually associated with the growth of ice in the Arctic, a sudden reversal in this trend led to the loss of 19,000 square miles of ice over five days, a phenomenon only precedented by a smaller ice loss in 2013, according to the National Oceanic and Atmospheric Administration (NOAA).
Increasingly low ice coverage may also have contributed to this week's projected highs, since the depleted ice cover east of the Nordic sea has created a channel for warmer air to flow North.
"You have more real estate available to advect the warm and moist air northward,"Ryan Maue, a meteorologist with WeatherBell Analytics, told The Washington Post.
Agelbert gallows humor: Don't worry about a thing. President Trump has promised to Trump the mistaken belief in climate change, along with any silly concerns about pollution, the Sixth Mass Extinction, the Ten Commandments, the Golden Rule, White fun and games to put the minorities 'back in their place', any regulations that interfere with progress (i.e. fossil fuel industry profits) and China (if you can't beat em' nuke em').
As our Dear Leader Donald J. Drumpf (original family surname) says about non-one percenter humans and all those other life forms in the biosphere when he does his Marie Antoinette imitation, let them eat oil.
Posted by: AGelbert« on: November 11, 2016, 10:21:55 pm »
Hamster accused by Trump supporters of being illegal Mexicun'
Posted by: AGelbert« on: November 10, 2016, 02:41:05 pm »
I have this idea that we might be seeing the emergence of some kind of extremely prejudiced left-wing youth movement, sort of like an American Red Guard, where crowds of high school and college kids unite via social media to plan big violent protests aimed at making us all conform to the Politically Correct/BLM/Globalist BS that they have been spoon fed in the school system.
It bothers me that the Millenials are so angry, even though I think they're somewhat off-base in their thinking. They are, after all, the future.
The Trailer Trash Trump people are already doing their typical right wing imitation of a certain fossil fueler by mocking these protesters and telling them to "quit whining".
As soon as Trailer Trash Trump is inaugurated, just watch the breathtakingly hypocritical position of the Republicans in Congress when they yammer about "respecting the law" and the "Constitutional right of the President" to name a
Eddie, these protests will soon blow over. The people you have to worry about are not, as your multiple posts and preoccupation with this indicate, on the left wing.
The people you have to worry about are the millennials that voted for Trailer Trash Trump that will see NO JOBS showing up within a year.
I know you don't believe that. But the racist, xenophobic, baser side of the white electorate has been unleashed. Trump is NOT going to be able to control it. I respect your opinion and understand your fears, but please consider that well to do people like you, not Trailer Treasure like me, will be in the crosshairs of those jobless whites angry at the gross double cross and mendacity of Trailer Trash Trump, regardless of the FACT that, AS IN THE PAST, Wall Street and Trump will do everything possible to encourage scapegoating the "dangerous left" as the "problem".
That is what you may be doing, albeit inadvertently. If you really believe that is a valid fear, I warn you that you won't see the danger to yourself from your own poor white neighbors. I have nothing to gain by instilling groundless fears in you. I am saying this for your welfare.
Now for some apocalyptic humor:
Meanwhile, expect the fossil fuelers to prudently explain to us how much prosperity is coming our way with the melting of all that useless ice in Antarctica and Greenland and all the world's glaciers. Never mind the pollution in the atmosphere and the oceans. Never mind the Sixth Great extinction in progress killing a disproportionately large portion of high order vertebrate and mammal species. That's just evolution and the tardigrades are just the march of evolutionary progress.
And sea level rise is NO PROBLEMO. Haven't you heard about Death Valley? The fossil fuel industry has great skills at building pipelines, you know. They will, for a prudent fee, of course, and to protect our national security so that New York, New Orleans and Houston won't flood, turn Death Valley into LIFE Lake.
The hotels and pier facilities along LIFE Lake's shores, plus great gas stations strategically and conveniently placed to fuel all those 3,000 hp Evinrude speedboats will bring jobs, prosperity and beauty to America!
Don't you know that the brave fossil fuel industry is expert at digging holes? I mean, they have world class geologists drilling hither and yon, so they know what's down there. If the oceans really are going up, something that MKing and his scientific, prudent friends in the fossil fuel industry will calmly explain is not proven yet (but just in case, they are here, like the government, to help :laugh:), it's simply a matter of relocating the sea water to new lakes the fossil fuel industry can create for Trump and the world!
They will all have great golf courses too! As the oceans go up, the fossil fuel industry will be happy to pipe sea water to all the below sea level places in the world. Being very scientific and prudent about all these job creating activities, they realize that additional new holes will have to be dug for new lakes with lots of lakefront property and recreation areas. Yes, they normally just drill without making such big holes. But the Clean Coal people are real good at making big holes. So our loyal servants Big Oil, & Gas plus Big Coal will dig big holes in high country like the high desert and pump sea water to them to keep those pesky oceans from getting out of hand. We will all be happy to increase the subsidies for fossil fuel industry activities so they can complete this world saving venture without punitive expenses.
Yes, I know that sounds wonderful. But it gets BETTER! There is an ADDED beauty to this great and noble Super project by the fossil fuel industry. All that ground they dig up (after they process the minerals appropriately, of course - they have to run a profitable business, ya know ) can be placed over flat land places like Kansas or Florida. They can have contractors build fancy neighborhoods that look down on the surrounding areas with spectacular views! And in places like Michigan and North Dakota, the new mountains can host sky resorts!
As MKing, would say, the future is bright for our loyal servants, the Fossil Fuel Industry.
I'm sure the Tardigrades agree.
The PRO-Fossil Fuel Industry Trailer Trash Trump Victory Legacy:
The PRO-Fossil Fuel Industry Trailer Trash Trump Legacy FUTURE:
Posted by: AGelbert« on: June 19, 2016, 08:58:17 pm »
THE AMERICAN DREAM (Continued from above)
Posted by: AGelbert« on: June 09, 2016, 06:14:03 pm »
Sierra Club Endorses Hillary Clinton
Allison Chin, Sierra Club | June 9, 2016 12:34 pm
Agelbert COMMENT: Thank you Sierra Club, for paving the way for Hillary Clinton to remove any and all barriers to Fracking in the USA and the world, as she did during her tenure as Secretary of State.
We are also pleased that Victoria Nuland is President Hillary Clinton's pick for Secretary of State.
Thank you Sierra Club, for ensuring a huge increase in the price of fossil fuels (i.e. price shock bonanza!) from the war tensions that Victoria Nuland, neocon State Department queen of the "let's go to war with Russia" group will joyfully generate.
We are ready, willing and able to patriotically and in altruistic fashion (OF COURSE!), work arm in arm with the Clinton Administration to provide peace, prosperity and lots of cheap, clean energy to the world for the welfare of all humanity.
Your Loyal Servants and Political Campaign Friends from Exxon, Schlumberger, Halliburton, etc. (you get the idea).
Posted by: AGelbert« on: June 08, 2016, 02:56:04 pm »
Texan Momma Tick on a mission to make Texans into Vegetarians
The Bite Of The Lone Star Tick Can Give The Victim Allergies To?When it comes to good PR, the entire tick family can’t catch a break. Not only are all ticks parasitic, but they can also serve as vectors for disease. While the best known tick-borne illness is Lyme Disease (an infectious disease caused by bacteria carried by numerous tick species), there’s also a really unpleasant side effect from the bite of the, rather ironically named, lone star tick.
When most people think of the phrase “lone star”, they probably think of Texas, a state whose nickname is “The Lone Star State” (because of it’s red, white, and blue flag with a single star). The lone star tick is named such because the pattern on its body looks like a single star. The irony comes into play when you consider that people associate Texas, the lone star state, with beef because of its current and historical ties with the cattle industry, but a bite from a lone star tick can induce an allergy to red meat.
Although the effect of the bite and the ensuing development of the allergy is still under study, the bite appears to give the victim an allergy to Galactose-alpha-1,3-galactose, a carbohydrate found in the cell membranes of non-primate mammals. You read that last bit correctly, the lone star tick’s bite will make you allergic to everything from hamburgers to venison steaks to rabbit sausage, but you’ll be more than safe to eat a chimp or your neighbor.
Lone Star Tick family portrait (Don't Mess with Texas Ticks)
Map of Future High Vegan Area brought to you by Texas Ticks for More Global Warming.
Posted by: AGelbert« on: June 04, 2016, 04:21:34 pm »
NEWS from the "rearranging deck chairs on the titanic" category:
Cruise Ship Business is Booming! In other pertinent news, Cruise ship slams pier in Alaska.
Celebrity Infinity Slams Into Pier in Ketchikan, Alaska
June 3, 2016 by gCaptain
The worlds largest cruise ship, Harmony of the Seas, arrives in port for her mayden voyage, in Southampton, Britain May 17, 2016. REUTERS/Peter Nicholls (picture at article link)
The Cruise Lines International Association has bumped up its passenger predictions for 2016 after numbers showed that the industry surpassed its 2015 passenger projections.
According to CLIA, the industry reported a total of 23.2 million passengers on ocean cruises globally in 2015, up from a projection of 23 million, and a 4-percent increase over 2014. As a result of steady year-over-year increases, CLIA has modified 2016 expectations and is now predicting 24.2 million travelers will set sail on ocean cruises around the world.
A statement from CLIA says the numbers show that the industry is stronger than ever, coming during a period where pretty much every other maritime sector is struggling.
“The success in 2015 demonstrates the cruise industry’s continued strength in the overall travel sector,” said Cindy D’Aoust, president and CEO, CLIA. “This is a direct result of the amazing work and commitment of our community of Cruise Lines, Executive Partners and Travel Agencies and Agents. Plus, with the highest satisfaction rates among all leisure travel segments, it reflects that a cruise vacation is the vacation of choice for travelers around the world.”
CLIA says that Much of the industry’s growth can be attributed to emerging regions of the world, particularly in Asia and Australia.
In 2015, Asia experienced the most growth year over year in ocean cruise passengers with another impressive 24% increase from 2014 to 2015, with a total of more than 2 million ocean cruise passengers in 2015. While Asia continues to see record growth in the cruise industry, Australia is not far behind. The region, which includes Australia, New Zealand and the Pacific, experienced an incredible 14% increase in ocean cruise passengers from 2014 to 2015. Last year, a total of more than 1.1 million ocean cruise travelers originated in Australia.
“When looking at the travel industry, cruise travel has astonishing long-term growth potential since it represents only two percent of the total leisure travel market, has the highest satisfaction rates among global travelers and is growing in popularity,” CLIA said in a statement. “In fact, according to the United Nations World Tourism Organization, in the decade between 2004 and 2014, global cruise vacations have grown faster in popularity than land-based vacations by a 20-percent margin.”
Of course this growth has not gone unnoticed by cruise lines, with new ship orders from just about every major cruise company such as Carnival and Royal Caribbean. In 2016, a total of 27 new ocean, river, and specialty cruise ships are scheduled for delivery, according to CLIA figures.
Agelbert NOTE: In the book Brave New World, by Aldous Huxley, a drug called "Soma" is hugely popular. The Cruise Ship Industry is a "Soma" metaphor. Soma is a governmentally provided drug to the people living in the Brave New World. It represents a way to escape pain, discomfort, etc. IOW, escape from REALITY.
Brought to you by GUESS WHO? (hint - those who got rich off the polluting status quo ).
Have a nice day.
Posted by: AGelbert« on: May 29, 2016, 06:17:44 pm »
Yep. Triangulation was probably code speech for isolation and strangulation of the CFS reasonable and caring voice of we-the-people on behalf of the wishes of the oligarchic assholes driving this country and our species into an evolutionary dead end.
Maybe they knew what they were doing by picking the Bald Eagle as the symbol of the USA...
Posted by: AGelbert« on: May 28, 2016, 07:54:19 pm »
Well, that is because the real liberals were demonized and ostracized and marginalized and imprisoned through the clever pig man device of labeling them "anarchists" (and other groundless derogatory terms).
The only difference today is that the force of the coming climate catastrophe will overcome the TPTB mens rea propaganda of the ubiquitous, mealy mouthed, incrementalist "progress", business as usual, status quo worshipping quislings.
For those biosphere math challenged folks that don't see a connection between dirty politics and dirty energy, there is nothing that can be done for them. Their heads are inserted at such a distance up their collective descending colons that their consequent myopic delusions make them incorrigible and doomed to perish in a paroxysm of dirty energy happy talk bean counting. Reality based thinking is just not their thing.
Centralized DIRTY energy equals centralized (i.e. fascist) DIRTY political power. Anybody that does not get that did not study the history of the 20th century.
YOU are dependent TOTALLY on the gooberment for the incredibly lengthy and fragile logistics chain of energy from the exploitation to that gas station. TPTB can shut it off if you don't tow the line ANY TIME they want to.
They can ALSO control the price.
They can ALSO label dirty centralized energy a "national security" resource requiring "subsidies".
THAT is why TPTB have done absolutely everything in their considerable power to keep the energy centralized.
Decentralized CLEAN Energy equals distributed (i.e. DEMOCRATIC) political power.
THAT is why TPTB prefer DIRTY energy to Renewable Energy.
A degraded democracy is the DIRECT result of centralized energy (it's kind of hard to set up a nuclear power plant, a coal mine or an oil refinery next to an oil well in your back yard).
It ain't poisonal, it's just bidness as usual.
When no alternative is available due to catastrophic climate change, the gooberments will be FORCED to move TOTALLY away from centralized infrastructure for energy. THAT will cause the POLITICAL power, now centralized to our detriment, to be decentralized. TPTB won't like it one bit. But they will be obligated to do it as a survival mechanism.
Go Greenland BIG MELT!
Posted by: AGelbert« on: May 21, 2016, 07:36:38 pm »
They are Parking the Trains.
And the Ships and Planes and Trucks
It’s a picture that’s worth a thousand choruses of “Don’t Worry, Be Happy.” Here in the Seventh Straight Successful Year of the Recovery from the Great Recession, tucked into a corner of the Arizona Desert, is a line of parked Union Pacific locomotives. It was discovered on Google Earth, so it is, as they say, visible from space. There are 292 of them, baking in the sun like so many dinosaur skeletons, in a line stretching almost five miles. They, and the people who used to run them, are now “excess capacity” for one of the country’s largest freight haulers. In this, the Seventh Straight Successful Year of the Great Recovery.
Aglebert COMMENT: Yep. Below please find, post collapse coping strategies:
Posted by: AGelbert« on: May 21, 2016, 05:02:22 pm »
Falklands: A New Billion Oil Barrel Basin Say Rockhopper
Published at 05:02PM - 17/05/16
Rockhopper Exploration’s oil reserves in North Falkland have doubled to more than 300 million barrels in what experts believe to be a billion barrel basin.
The latest independent audit of the basin revealed that both the Sea Lion and Isobel Elaine oil fields hold half a billion barrels of recoverable oil reserves each.
“In our view, this new audit confirms the potential of the North Falklands to be a billion barrel basin”, the company Chief Executive Officer Simon Moody said.
Rockhopper Doubles Oil Reserve Estimates In Falklands
Within the basin, the company owns more than 50% of two licence areas estimated to hold a total of 747 million barrels of oil and gas reserves.
The independent audit was prepared by ERCE and follows a successful drilling programme which made new discoveries and concluded in February.
The resources are expected to be developed in two phases, with the first phase focusing on the resources in the northeast of the Sea Lion area. Phase 1 is expected to rely upon the operator, Premier Oil, and its plans to bring in an additional partner to share costs.
According to Premier, a 18-month FEED phase began in January, but the final investment decision for Sea Lion remains dependent upon “the evolution of project economics” and the outlook on oil prices.
A Billion Oil Barrel Basin
“The Sea Lion Complex itself holds over half a billion barrels with almost 270 million barrels of low risk near field upside, which we believe could be assessed with as few as 3 or 4 more optimally targeted wells”, Moody added.
“In addition, the Isobel Elaine discovery has the potential to be a third regional development potentially containing over 500 million barrels”, he stated further.
According to the executive, “a billion barrels of recoverable oil is within reach within the basin thanks to the outstanding track record of our sub surface team”.
Offshore Drilling Rig Ocean Guardian Well Testing The North Falkland Sea Lion Oil Discovery
DOOM WEEK ON PLANET EARTH
It REALLY WAS a good ride, not for you and me, but for TPTB. So expect them to do WHATEVER to prolong their RIDE, against all scientific evidence that EXPLOITATION WITHOUT REFLECTION OF FELLOW EARTHLINGS OF ALL SPECIES (not just humans) AND THE BIOSPHERE FOR PROFIT OVER PLANET is deleterious (i.e. SUICIDAL/abysmally STUPID) to the Homo SAP species.
Posted by: AGelbert« on: March 31, 2016, 04:10:41 pm »
Posted by: AGelbert« on: March 21, 2016, 03:20:29 pm »
Posted by: AGelbert« on: March 13, 2016, 07:14:19 pm »
WATCH: Ovation of the Seas Float Out
February 19, 2016 by Mike Schuler
Agelbert NOTE: It looks a bit top heavy to me. I once had a flight student who was a bridge crew member on a cruise ship. He gave me a tour of the bridge and controls. He explained to me that they don't just steer with the rudder. They have vanes under the water line that work just like ailerons in an aircraft. That is, they keep it from listing so much that the unstable center of gravity will cause it to fall sideways and sink. But that ship didn't half the number of floors this one has.
And then there are those pesky "rogue" waves that global warming is goosing in size and frequency that will make it rather difficult for the vanes trying to keep a ship from flopping over on its side...
Enjoy your cruise, folks!
Ship Photos of the Day – Largest Cruise Ship Ever Built Begins Sea Trials
March 10, 2016 by Mike Schuler
Agelbert NOTE: The GIANT Cruise Ship "Harmony of the Seas" will need a LOT of harmony from the seas...
Posted by: AGelbert« on: February 29, 2016, 03:00:41 pm »
In response to the drop in the price of oil, the fossil fuelers like MKing calmly assure us that, after the "shake out" of fossil fuel Industry Bankruptcies from the "insufficiently predatory capitalist" (see: "weak" and "undeserving of survival as an apex predator") and Mergers by the "successfully ruthless"( see: "deserving" of "survival as an apex predator") , everything is going to be "all better for all of us".
I say, SEE BELOW:
The Fossil fuel Industry
Text of Gov. Peter Shumlin’s speech to the Vermont Pension Investment Committee
Posted by: AGelbert« on: February 26, 2016, 02:32:58 pm »
Exxon adds 1 billion barrels of proved reserves in 2015
Staff Writers February 25, 2016
ExxonMobil said Monday that it added proved oil and gas reserves of 1 billion barrels of oil equivalent in 2015.
The company said the reserve adds replaced 67 percent of production, including a 219 percent replacement ratio for crude oil and other liquids.
ExxonMobil’s proved reserves totaled 24.8 billion barrels of oil equivalent at the end of 2015, with liquids representing 59 percent of proved reserves, up from 54 percent in 2014.
Liquid additions during 2015 totaled 1.9 billion barrels, Exxon said.
Natural gas proved reserves were reduced by 834 million barrels of oil equivalent with most of those reductions occurring in the United States and “reflecting the change in natural gas prices.”
“The company expects this gas to be developed and booked as proved reserves in the future,” Exxon said.
During 2015, ExxonMobil added 1.4 billion barrels of oil equivalent to its resource base through by-the-bit exploration discoveries, undeveloped resource additions and strategic acquisitions.
ExxonMobil’s by-the-bit exploration success in 2015 included a significant oil discovery offshore Guyana and additional discoveries in Iraq, Australia, Romania and Nigeria.
Strategic unconventional resource additions were also made in the Permian Basin in West Texas, Canada and Argentina.
The company also added reserves in Abu Dhabi, Canada, Kazakhstan and Angola last year.
Overall, Exxon’s resource base totaled more than 91 billion barrels of oil equivalent at the end of 2015, taking into account field revisions, production and asset sales.
The resource base includes proved reserves, plus other discovered resources that are expected to be ultimately recovered.
Exxon said its reserves life at current production rates is 16 years.
“Our proved reserves represent a diverse portfolio that positions us to create shareholder value as we supply long-term energy demand growth. We will continue to apply our disciplined, paced investing approach as we develop our industry-leading resource base,” Exxon CEO and chairman Rex W. Tillerson said.
Agelbert OBSERVATION: What we have here is prima facie evidence that the profit over planet "business model" of Exxon destroyed their ability to avoid suicidal behavior. Biosphere math, the only math that really matters for humans, is absent from Exxon.
IOW, they have lost it. The future, if we have one, will not be kind to the Rex W. Tillersons of this world.
Dr. Richard A. Houghton, acting president of the WOODS HOLE RESEARCH CENTER says There Is No Alternative to a Low Carbon Economy
Posted by: AGelbert« on: February 26, 2016, 01:56:44 pm »
Final Deepwater Horizon defendant found not guilty
Nicolas Torres February 26, 2016
A former BP site manager was found not guilty on Thursday for a Clean Water Act violation charge tied to the 2010 Deepwater Horizon spill.
According to the Associated Press, former rig supervisor Robert Kaluza was facing a single count of violating the Clean Water Act that carried a penalty of up to a year in prison.
Kaluza, 65, was accused of bungling a critical pressure test that may have indicated the Macando well was not securely plugged with mud and cement, the AP said.
“We’re just pleased and thankful that the jury carefully considered the evidence and came to a just verdict,” Kaluza’s lawyers told Bloomberg.
Kaluza was the final defendant facing charges related to the April 2010 Deepwater Horizon accident that killed 11 people and caused the largest oil spill in U.S. history.
In December, federal prosecutors filed a motion to drop involuntary manslaughter charges against Kaluza and Donald Vidrine, a fellow site manager, for their roles in the accident.
The two men were facing 11 counts of seaman’s manslaughter, but in accordance with a 5th U.S. Circuit Court of Appeals ruling earlier this year, the charges were dismissed because their duties did not qualify them for a maritime crime.
Vidrine pleaded guilty to a misdemeanor violation of the Clean Water Act in December and will be sentenced in April.
He is facing up to 10 months of probation and financial penalties.
Posted by: AGelbert« on: February 25, 2016, 10:09:02 pm »
Solstad Offshore Says Consolidation Needed to Restore ProfitsFebruary 24, 2016 by Reuters
OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging demand from oil firms, the head of Norway’s Solstad Offshore said on Wednesday.
With crude prices down more than 70 percent since mid-2014, energy firms have sharply cut their investments and thus rent less equipment from suppliers.
So far about 100 vessels have been removed from Solstad’s main North Sea market, but with only limited effect on rates for its anchor handling ships and no effect for its platform supply ships, where rates remains below crew costs.
“Something has to happen on a structural level because even though boats are taken out of operations and laid up, the owner side is so fragmented that the path to reaching sustainable rate levels is far too long,” Chief Executive Officer Lars Peder Solstad told Reuters.
According to Solstad there are currently some 70 to 80 vessels operating in the spot market in the North Sea and up to 30 different owners.
“I think the industry will look different a couple of years from now.
There will be bigger units, either at the company level or within segments. Maybe both. We believe this is coming and we want to be a part of this,” he added.
So far, Solstad has mothballed 13 vessels and initiated cost saving initiatives of up to 500 million Norwegian crowns ($57.35 million) on an annualised basis to prepare for weak markets lasting for a longer period.
It has also started discussions with banks and creditors to come up with a plan for how to adjust to a new activity level that none of the players in the industry had prepared for.
“It will be weak into 2018. There may be rays of lights, the oil price might rise and things can happen, but we must be careful about being too optimistic. We have to be realistic and take into account that it might even get worse,” Solstad said.
The firm said however that the subsea segment was still a bright spot, despite pressure on rates, and that it had ongoing discussions with clients regarding new contracts and contract extensions.
Late on Tuesday, Solstad reported an operation loss of 1.1 billion Norwegian crowns for the fourth quarter, hit by vessel impairments of 1.35 billion, compared to a profit of 273 million in the same quarter last year.
Solstad also said the board would propose that no dividend was paid for 2015. ($1 = 8.7178 Norwegian crowns) (Reporting by Henrik Stolen, editing by Terje Solsvik)
(c) Copyright Thomson Reuters 2016.
Agelbert NOTE: What part of The Party is OVER do these biosphere math challenged wonders of profit over planet worship NOT UNDERSTAND?
The only intelligent recourse for the support vessel business model is to switch to offshore wind turbine support AND run their ships on biofuels. Otherwise, they are TOAST.
Posted by: AGelbert« on: February 13, 2016, 05:23:07 pm »
Hat Tip to Tamara for point this video out to me.
Great Canadian Migrations: The Tar Sands Pipeline
Posted by: AGelbert« on: February 09, 2016, 08:56:48 pm »