News

Good news: Venezuelan President complains that fracking is “flooding” oil markets

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Gas prices vs domestic oil production
Gas prices vs domestic oil production

(Click for larger image. Source)

Why are gas prices so low all of a sudden?

Well, let’s ask the communist President of Venezuela:

The broadcast networks may not want to give credit to hydraulic fracturing for increasing U.S. oil production and lowering global oil prices, but at least one angry world leader did just that.

Venezuelan President Nicolas Maduro complained that fracking in the U.S. has “flooded” the world market and contributed to lower oil prices, a connection that broadcast networks’ evening news reports barely made recently.

“The oil they’re taking from (shale deposits) and the gas. They’ve flooded the international market to batter the Russian economy …, Iran and to hurt us, Venezuela,” Maduro said in a broadcast on VTV, a state-run TV channel in Venezuela, according to Fox News Latino.

Fracking has been one cause of increased oil production in the U.S. That increased production helped lower oil prices by more than 30 percent since September 29. The decline in oil prices since June has severely impacted Venezuela, since oil exports were a major source of government income. “Some estimates put the break-even price for Venezuela to balance its budget at around $121 a barrel,” CNBC reported on December 7. That’s more than double current oil prices. Oil closed at $59.15-per-barrel on December 11.

As of January 2014, Venezuela’s state-run oil company brought in 96 percent of foreign earnings, according to The Economist. Maduro announced on December 2 that the government would cut spending by 20 percent.

[…]Venezuela was experiencing particular difficulties. That economy was on the verge of collapsing, CNBC said on Dec. 1. If low oil prices continued, Venezuela may face a “game over” situation and “barbarity and people looting.”

Do you know who else is hurt by this? Russia. I sure hope they don’t do anything aggressive to their neighbors while their economy feels the pinch of lower gas prices.

It’s a good thing when villains shake their fists at us, but it’s a better thing when consumers pay less for gas:

Thanks in part to the widespread use of technologies like hydraulic fracturing and horizontal drilling, global oil prices plummeted in 2014. Energy experts even predicted the U.S. could be the top oil producer in the next several years.

[…]Fracking and other advanced technologies helped the U.S. nearly double its average daily output of oil, from 5 million barrels in 2008 to an expected 9.42 million barrels in 2015. The huge supply increase was one factor sending crude oil prices down. Crude fell by more than 32 percent, from $93 to $63 just since Sept. 29. This already drove gas prices down to a national average of $2.66 for regular on Dec. 9, according to AAA.

This is great news for consumers and businesses which could save as much as $1.3 trillion worldwide because of lower oil prices, according to Julian Jessop, chief global economist at Capital Economics in London. Here in the U.S., Americans could save $230 billion if prices remain low for the next year, The Washington Post said on Dec. 1.

The only bad side to this story is that fracking is an expensive way of drilling, so as the price of oil drops, energy companies will be scaling back fracking until it becomes profitable again.

I think this story is important, because it helps to explain what the people who oppose the Keystone XL pipeline are concerned about. They know that there are two results to allowing that pipeline to be built. First, a hell of a lot of jobs will be created, reducing dependency on government. Second, the price of gas at the pump will go down further. That’s what the environmentalists (and their Democrat allies in Washington) are seeking to avoid. They want more government dependency, and higher gas prices.

News

New study: another biological Big Bang, this time for bird development

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Hummingbird in flight
Hummingbird in flight

Story from Evolution News about a new study exploring the genomes of birds.

Excerpt:

The evidence for intelligent design just keeps getting stronger. It’s long been known that the Cambrian explosion isn’t the only explosion of organisms in the fossil record. There’s also something of a fish explosion, an angiosperm explosion, and a mammal explosion. Paleontologists have even cited a “bird explosion,” with major bird groups appearing in a short time period. Frank Gill’s 2007 textbook Ornithology observes the “explosive evolution” of major living bird groups, and a paper in Trends in Ecology and Evolutiontitled “Evolutionary Explosions and the Phylogenetic Fuse” explains:

A literal reading of the fossil record indicates that the early Cambrian (c. 545 million years ago) and early Tertiary (c. 65 million years ago) were characterized by enormously accelerated periods of morphological evolution marking the appearance of the animal phyla, and modern bird and placental mammal orders, respectively.

Now, a massive genetic study published in Science has confirmed the fossil evidence that birds arose explosively. According to an article titled, “Rapid bird evolution after the age of dinosaurs unprecedented”:

His research helped confirm that some of the first lineages of modern birds appeared about 100 million years ago but that almost all of the modern groups of birds diversified in a small window of less than 10 million years, just after the dinosaurs were wiped out by an asteroid.

Another news article calls it a “‘Big Bang’ of bird evolution” and one of the technical papers uses the same language:

Paleobiological and molecular evidence suggests that such “big bang” radiations occurred for neoavian birds (e.g., songbirds, parrots, pigeons, and others) and placental mammals, representing 95% of extant avian and mammalian species, after the Cretaceous to Paleogene (K-Pg) mass extinction event about 66 million years ago (Ma).

The article further cites “an explosive diversification within Neoaves.” So both fossil and genetic evidence suggests diverse organisms arose in an “explosion” or “big bang” that lasted “less than 10 million years.”

I am excited to hear about this! Birds are my most favorite creatures in the whole world!

One of the other papers they looked at in the post found large numbers of species appearing within a 1-3 million year window.

The data from these genome studies also conflicts with the phylogenies that are different from phylogenies built from body plans.

Look:

[T]his molecular study has separated many groups previously thought to be closely related by morphological studies, as is made very clear from Figure 1 of the paper. Bird relations are thus quickly becoming a classic case of conflict between molecule-based and morphology-based trees. As Nature notes, in this study “the tree of life for birds has been redrawn by geneticists.” They simply appeal to convergent evolution (or other mechanisms) to explain away these non-tree-like patterns.

It’s not a tree – it’s a lawn.

Commentary

Bible study: responsibilities and obligations in Philippians 1-4

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Here are some parts of Philippians that speak to an issue that I think is a problem today for many Christians – self-centeredness. I have three parts of Philippians to present below on that topic.

1) The importance of fellowship – preparing to work together with other Christians towards some end:

Phil 1:3-11:

3 I thank my God in all my remembrance of you, 4 always offering prayer with joy in my every prayer for you all, 5 in view of your participation in the gospel from the first day until now. 6 For I am confident of this very thing, that He who began a good work in you will perfect it until the day of Christ Jesus. 7 For it is only right for me to feel this way about you all, because I have you in my heart, since both in my imprisonment and in the defense and confirmation of the gospel, you all are partakers of grace with me. 8 For God is my witness, how I long for you all with the affection of Christ Jesus. 9 And this I pray, that your love may abound still more and more in real knowledge and all discernment, 10 so that you may approve the things that are excellent, in order to be sincere and blameless until the day of Christ; 11 having been filled with the fruit of righteousness which comes through Jesus Christ, to the glory and praise of God.

Some Christians find it difficult to “participate in the gospel” with anyone because they feel uncomfortable with responsibilities, expectations or obligations to others. In my experience, people who shun responsibilities, obligations and expectations can improve this by taking Paul’s advice – grow in real knowledge and all discernment. In my experience, I have found that people who shy away from responsibilities, expectations and obligations do so because they are afraid of failing. They are proud and don’t want to look bad if they fail to perform something that they are expected to perform. Christians should not shy away from growing though, because growing is what helps us to be better partners in the gospel. We should try to read hard things, study hard things, and take the hardest jobs we can do – so that we build up our tolerance for responsibilities, obligations and expectations. People who do hard jobs like computer programming or nursing know that that you always struggle to learn difficult things and there is always the risk of looking incompetent. But we accept the risk of looking stupid and being judged and this builds a level of comfort with responsibilities, obligations and expectations. That comfort level with responsibilities, obligations and expectations that you get from doing hard things can only help you be a better partner in the gospel.

2) The importance of not being self-centered, but instead being focused on the needs of others:

Phil 2:1-8:

2 Therefore if there is any encouragement in Christ, if there is any consolation of love, if there is any fellowship of the Spirit, if any affection and compassion,2 make my joy complete by being of the same mind, maintaining the same love, united in spirit, intent on one purpose. 3 Do nothing from selfishness or empty conceit, but with humility of mind regard one another as more important than yourselves; 4 do not merely look out for your own personal interests, but also for the interests of others. 5 Have this attitude in yourselves which was also in Christ Jesus, 6 who, although He existed in the form of God, did not regard equality with God a thing to be grasped, 7 but emptied Himself, taking the form of a bond-servant, and being made in the likeness of men. 8 Being found in appearance as a man, He humbled Himself by becoming obedient to the point of death, even death on a cross.

And Phil 2:19-23:

19 But I hope in the Lord Jesus to send Timothy to you shortly, so that I also may be encouraged when I learn of your condition. 20 For I have no one else of kindred spirit who will genuinely be concerned for your welfare. 21 For they all seek after their own interests, not those of Christ Jesus. 22 But you know of his proven worth, that he served with me in the furtherance of the gospel like a child serving his father.

Nothing very complicated here, it’s important to look out for the interests of others and to be concerned about their welfare. I think it’s a good idea to be practical about this, and instead of just expressing opinions like “I care”, try to find out what needs to be done and do it. The important thing is that it’s good to be focused on other people, and not on ourselves, and to think of the interests of others, not our own interests. That point about looking out for other people’s interests is said twice, once in each passage from chapter 2 I quoted above.

3) People who are doing good work for the Lord have needs:

Phil 4:10-18:

10 But I rejoiced in the Lord greatly, that now at last you have revived your concern for me; indeed, you were concerned before, but you lacked opportunity. 11 Not that I speak from want, for I have learned to be content in whatever circumstances I am. 12 I know how to get along with humble means, and I also know how to live in prosperity; in any and every circumstance I have learned the secret of being filled and going hungry, both of having abundance and suffering need. 13 I can do all things through Him who strengthens me.14 Nevertheless, you have done well to share with me in my affliction.

15 You yourselves also know, Philippians, that at the first preaching of the gospel, after I left Macedonia, no church shared with me in the matter of giving and receiving but you alone; 16 for even in Thessalonica you sent a gift more than once for my needs. 17 Not that I seek the gift itself, but I seek for the profit which increases to your account. 18 But I have received everything in full and have an abundance; I am amply supplied, having received from Epaphroditus what you have sent, a fragrant aroma, an acceptable sacrifice, well-pleasing to God.

I think if you are friends with a person and they are working on some task or other for the gospel, then it’s a good idea to be sensitive to their needs, and be open to caring for those needs. Your goal should not be to make excuses for why you don’t have to do anything to help them. In my case, finances are not a problem, so I don’t have that need. I use money to supply the needs of people that I partner with in the gospel, though. Instead, I have other needs that people can help with – for example, after a stressful day of work, I am always looking for people to play games with me. Some of my friends show an interest in that, and others don’t. The good things that I do for God are not free, and it matters a lot to me whether those who know me want to listen to me and then take responsibility for making sure that I keep functioning and doing the things that I do for God. We have to have an eye out to maintain people who are doing good things for God – not just take it for granted that it will continue. Sometimes, it is not just sending money (gifts), it can be other love languages like touch, service, quality time and words of encouragement. But tuning away from the needs of others is not good for us.