Tag Archives: World

Government report: US has world’s largest supply of oil, natural gas and coal

Here’s the press release. (H/T Canada Free Press)

Abstract:

Sen. James M. Inhofe (R-Okla.), Ranking Member of the Senate Committee on Environment and Public Works, and Sen. Lisa Murkowski (R-Alaska), Ranking Member of the Senate Energy and Natural Resources Committee, today released an updated government report from the Congressional Research Service (CRS) showing America’s combined recoverable oil, natural gas, and coal endowment is the largest on Earth. America’s recoverable resources are far larger than those of Saudi Arabia (3rd), China (4th), and Canada (6th) combined.  And that’s not including America’s immense oil shale and methane hydrates deposits.

Details:

Oil

CRS offers a more accurate reflection of America’s substantial oil resources.  While America is often depicted as possessing just 2 or 3 percent of the world’s oil – a figure which narrowly relies on America’s proven reserves of just 28 billion barrels – CRS has compiled US government estimates which show that America, the world’s third-largest oil producer, is endowed with 163 billion barrels of recoverable oil. That’s enough oil to maintain America’s current rates of production and replace imports from the Persian Gulf for more than 50 years.

Natural Gas

Further, CRS notes the 2009 assessment from the Potential Gas Committee, which estimates America’s future supply of natural gas is 2,047 trillion cubic feet (TCF) – an increase of more than 25 percent just since the Committee’s 2006 estimate.  At today’s rate of use, this is enough natural gas to meet American demand for 90 years.

Coal

The report also shows that America is number one in coal resources, accounting for more than 28 percent of the world’s coal. Russia, China, and India are in a distant 2nd, 3rd, and 5th, respectively. In fact, CRS cites America’s recoverable coal reserves to be 262 billion short tons. For perspective, the US consumes just 1.2 billion short tons of coal per year.  And though portions of this resource may not be accessible or economically recoverable today, these estimates could ultimately prove to be conservative.  As CRS states: “…U.S. coal resource estimates do not include some potentially massive deposits of coal that exist in northwestern Alaska.  These currently inaccessible coal deposits have been estimated to be more than 3,200 billion short tons of coal.”

Oil Shale

While several pilot projects are underway to prove oil shale’s future commercial viability, the Green River Formation located within Colorado, Wyoming, and Utah contains the equivalent of 6 trillion barrels of oil.  The Department of Energy estimates that, of this 6 trillion, approximately 1.38 trillion barrels are potentially recoverable.  That’s equivalent to more than five times the conventional oil reserves of Saudi Arabia.

Methane Hydrates

Although not yet commercially feasible, methane hydrates, according to the Department of Energy, possess energy content that is “immense … possibly exceeding the combined energy content of all other known fossil fuels.” While estimates vary significantly, the United States Geological Survey (USGS) recently testified that: “the mean in-place gas hydrate resource for the entire United States is estimated to be 320,000 TCF of gas.” For perspective, if just 3% of this resource can be commercialized in the years ahead, at current rates of consumption, that level of supply would be enough to provide America’s natural gas for more than 400 years.

The press release has lots of informative graphs.

The PDF of the full report is here.

Obama keeps blocking energy production at home, and sending taxpayer money (and jobs) to countries in the Middle East, some of who don’t like us very much. What would possess a president to undermine the national security and economy of his own country that way? Why does he want to raise the cost of living for his fellow citizens and send jobs overseas to the Middle East?

Unemployment rate in socialist Spain now above 20%

Map of Europe
Map of Europe

Here’s the story from Yahoo News.

Excerpt:

Spain announced Friday its jobless rate surged to a 13-year record above 20 percent at the end of 2010, the highest level in the industrialized world, as the economy struggled for air.

It was more bad news for an economy fighting to regain the trust of financial markets and avoid being trapped in a debt quagmire that has engulfed Greece and Ireland and now menaces Portugal.

Another 121,900 people joined Spain’s unemployment queues in the final quarter of the year, pushing the total to 4.697 million people, said the national statistics institute INE.

The resulting unemployment rate was 20.33 percent for the end of the year — easily exceeding Prime Minister Jose Luis Rodriguez Zapatero’s target of 19.4 percent.

Spain appears to be stuck in a rut of staggeringly high levels of unemployment.

After posting a jobless rate of 18.83 percent in 2009 and now 20.33 percent in 2010, the government is forecasting 19.3 percent for 2011 and 17.5 percent in 2012.

The Spanish economy, the European Union’s fifth biggest, slumped into recession during the second half of 2008 as the global financial meltdown compounded the collapse of a labour-intensive construction boom

It emerged with tepid growth of just 0.1 percent in the first quarter of 2010 and 0.2 percent in the second but then stalled with zero growth in the third.

Zapatero has said the fourth quarter will show positive growth which would pick up steam in 2011 but he warned that job creation would be “far from what we need and desire. It will be slow and progressive.”

Remember that Spain elected Jose Luis Rodriguez Zapatero in April 2004, who is a member of the Spanish Socialist Workers’ Party, which is very similar in policy to Barack Obama and the Democrats.  Let’s see what has happened in Spain. (H/T Spain Economy Watch)

Unemployment:

Spain Unemployment Rate
Spain Unemployment Rate

Private sector employment:

Spain Employment Rate - Private Sector
Spain Employment - Private Sector

Public sector employment:

Spain Employment - Public Sector
Spain Employment - Public Sector

So what do we learn from this?

Well, the public sector doesn’t really sell any products or services, so they don’t really have any customers to please, nor do they have any revenue. They exist by confiscating the wealth of other people (in the private sector) who do have products and services to sell, and do have customers to please. The governments job is to HELP the people in the private sector and not to raise their taxes, or control them, or get in their way except to make sure that they compete fairly and honestly with other people in the private sector. When government oversteps their bounds by raising taxes too high and spending too much, they stop acting like a REFEREE and start acting more like a PARASITE.

You’ll note that Obama is also spending trillions of dollars on government boondoggles – and where is our unemployment rate now?

India Supreme Court exonerates eleven Hindus who murdered three Christians

Map of India
Map of India

First, let’s hear about an anti-Christian crime that occurred in Orissa, the most anti-Christian area in India.

Excerpt:

The Central Bureau of investigation (CBI) wanted the death penalty for Singh, who was linked to extreme right-wing Hindu group Bajrang Dal. The GCIC has opposed the request for a death sentence. The wife of the slain pastor, Gladys Staines, had already forgiven Dara and his accomplices involved in the brutal murder of her husband and children. (20/01/2009 Widow of Graham Staines: “Do not give up hope, pray for India”).

Twelve years ago, Graham Staines was burnt alive with his children aged eight and ten years in the small village of Manoharpur, in the tribal area of Orissa. Graham Staines had worked for thirty years with leprosy patients in Orissa, and was sleeping with his children in a car, on his journey home on a cold December night. A group of attackers poured petrol on the car, and burned them alive.

The Staines tried to escape, but the assailants, fifty in all, prevented them. A witness said the attackers shouted slogans in praise of Dara Singh, the Hindu movement and the god Hanuman.

In 2003 a court in Khurda judged all 13 accused guilty. Life in prison for everyone else, a death sentence for Dara Singh. In 2005, the Orissa High Court commuted the death penalty to life imprisonment, judged Hembran guilty and exonerated the others.

Shalini sent me this story about how the Supreme Court upheld the High Court’s decision.

Excerpt:

Dara Singh killed Australian missionary Graham Staines and his two minor sons by setting fire to the vehicle in which they were sleeping, but the Supreme Court on Friday ruled that it was not a “rarest of rare” category crime to warrant death penalty for him.

In a judgment drawing curtains on court proceedings in the sensational incident of January 1999, a bench of Justices P Sathasivam and B S Chauhan upheld the Orissa High Court judgment imposing life sentence on Singh alias Rabindra Kumar Pal and Mahendra Hembram. The trial court had awarded death penalty to Singh.

The bench said the Orissa HC was justified in awarding life term to Singh and Hembran as the crime was committed in the passion to teach Staines a lesson for his alleged attempts to convert tribals.

“Though Graham Staines and his two minor sons were burnt to death while they were sleeping inside a station wagon at Manoharpur, the intention was to teach a lesson to Staines about his religious activities, namely, converting poor tribals to Christianity,” it said.

“All these aspects have been correctly appreciated by the high court and modified the sentence of death into life imprisonment with which we concur,” the bench said.

Justice Sathasivam, writing the judgment for the bench, also dismissed the CBI`s appeal challenging the HC`s decision to acquit 11 other accused. “We have highlighted the weakness and infirmities of the prosecution case insofar as acquitted accused, who are poor tribals,” he said. The CBI had taken over the probe from Orissa Police on May 3, 1999.

“In the absence of definite assertion from the prosecution side about their specific role and involvement, it is not safe to convict them. We entirely agree with the reasoning and conclusion of the high court,” it said.

While condemning killings in the name of religion, the bench also expressed its disapproval of conversion. “It is undisputed that there is no justification for interfering in someone`s belief by way of `use of force`, provocation, conversion, incitement or upon a flawed premise that one religion is better than the other,” said the bench.

This story is interesting because it shows how the pluralist view that “all religions are valid” can actually lead to violence. The pluralist view is itself a point of view that takes itself to be true. Pluralists think that religions like Christianity, which claim to be true, are actually FALSE. In short, pluralism DOES disagree with Christianity. If disagreement with other religions is bad, then pluralists are just as guilty of being bad as Christians.

Is what they say about Christians being “exclusive” true? Does being “exclusive” make Christians dangerous? Well, the reason why the practice of Christianity DOES NOT result in violence is because part of the “truth” that Christians believe is that they should love their enemies and pray for the people who persecute them. That’s why the victim’s wife forgave the murderers for their crimes.

I actually have Hindus and Muslims in my family. They treat religion as a cultural or national identity – not really something to investigate to see if it is true or false. Hindus are not usually Hindus because they did some big investigation and found Hinduism to be true. (Hinduism requires an eternally oscillating cosmology, which contradicts physics and the Big Bang theory). It’s more like that they do it for personal reasons or community reasons – it’s like part of their national/cultural identity.

Why do some Hindus oppose evangelism?

A while back I posted this debate featuring a Hindu who disagreed with Christian evangelism and wanted to make it illegal. He complained about Christians using “force” (being kind and giving gifts) to convince people to become Christians. In the next breath he was pushing the government to use force his anti-Christian views onto Christians. He did not want them to evangelize, so he wanted to pass that view into law and force his neighbors to accept HIS views by force. He thought his view of Christianity and evangelism was TRUE, and he thought the traditional, Biblical Christian view was false. He actually insisted that his interpretation of the Bible was correct and all the Christian theologians were misinterpreting the Bible. He expected Christians to act like Hindus! And he thought that Christianity WAS Hinduism – or that it should be redefined to be understood to be Hinduism. Then he complained about Christians who thought that their views were TRUE and that his were FALSE.

The difference between Christians and Hindus is that committed Christians think they are right and use ideas and words to persuade, while militant Hindus think they are right and are willing to use force to make people agree with them. I think the difference is that a Christian can appeal to facts like the Big Bang theory, and the Hindu cannot really do that, as this Hindu commenter to another post showed.

I really recommend that you listen to that debate, and there is a play-by-play summary that I wrote in case the bandwidth is too high. And read my exchange with the Hindu commenter, too.

Here is the major persecution story in Orissa that I blogged about before. And here’s another small story from Orissa that I found.