It could be worse

Monday, November 10, 2008

Time's up on offshore-drilling ban

Denver Post- September 24, 2008
The offshore-drilling ban that has been in place since 1981 expired at the end of September with rather lackluster hype. I think the American public is willing to allow anything that will keep gas prices below $4 a gallon. Like I have said before, Obama wants to keep to ban in at least partial effect while decreasing oil imports. It will be an interesting four years to see how the oil and energy movement pan out.
I think we will continue to see many renewable energy projects pop up around the country, but I do not see widespread change closing coal power plants and opening solar power plants. I see some offshore exploration being allowed but under heavy environmental policy as well as Arctic oil exploration under heavy oversight.

http://www.denverpost.com/breakingnews/ci_10541890

BioWest expected to draw hundreds

Denver Post- October 17, 2008
It will be interesting to see what BioWest has to show that may have large impacts in the bioscience industry, may it range from health technology to industrial procedural technology. I'll try to keep up on what comes out of the even later his week. It will also be interesting to see how bioscience industries affect the local economy.

http://www.denverpost.com/ci_10740040

OPEC cuts: oil dives

Rocky Mountain News- October 25, 2008
The DOE reported a decline in the demand for crude oil in 38 of the last 42 weeks, US demand is down nearly 10 percent during the last four weeks compared to last year. Because of the decline in demand OPEC has been struggling to keep oil prices up, because falling prices at the pump means huge losses for them. It appears that Americans have driven 15 billion miles less this August compared to last year, and this decline in fuel consumption is possibly the leading cause of the overall decline in crude demand.
Hopefully what happens in this country is a reverse occurrence of oil and gas demand of the 1970 oil embargo. Hopefully Americans drastically change driving and social habits in turn reducing demand for gas and crude oil. If demand for oil continues to drop 10 percent from the previous year then OPEC will slash crude prices to something we haven't seen in a decade. Here is the economic point that the oil and gas industry is terrified of because it would ruin the industry, cause bankruptcy, and massive layoffs. The oil and gas industry pours money into making sure there is stability and increasing value in their product, but their power can easily be overcome by an entire population that chooses change and alternatives.

http://www.rockymountainnews.com/news/2008/oct/25/opec-cuts-oil-dives/

Colorado gets $71.3 million for energy assistance

Denver Post- October 17, 2008
It is good to see the federal government helping the low income households with paying for energy bills because this year was predicted to be one of the coldest on record- according to the farmers almanac. What would help bring down the cost of energy is if heating was moved away from natural gas which continues to rise and if electricity was produced by energies other than natural gas, oil, or coal which all continue to increase.

http://www.denverpost.com/ci_10740038

Crude oil drops to $70 a barrel, a 14-month low

Denver Post- October 16, 2008
The frustrating issue with the price of oil is how so many people criticise the president or government with changing the price of oil. Oil prices are based on global market values set by OPEC and regional oil producers, not individual governments or people. The American public also criticises how the government taxes the sale of gas, but the US has among the lowest fuel taxes of industrial nations (about $0.47/gal)- UK $3.80/gal, Canada $0.57, Norway $1.42/liter. The US is among the cheapest gasoline countries, yet the public is furious with $3.50/gal when Netherlands pay $3.50 just for the tax. Get used to the fact that the end of cheap oil is upon us. Oil will only become more expensive to extract because of location and environmental regulations.

http://www.denverpost.com/business/ci_10740037

Energy policies come up against green initiatives

Wall Street Journal- November 5, 2008
Obama is surly a politician at heart that sold an incompatible idea to the American public. His ideas for pushing alternative energy and independence from foreign oil will never succeed with how his agenda is structuring the process. Obama wants to mandate 10 percent of electricity to be produced from renewable sources in four years, and 25 percent in about 13 years. Yes we must shift our energy sources from coal and oil, but the 10 percent will never be met because of the quantity of energy that is already produced, and the huge economic cost to build the power plants. So to create enough renewable energy the government must subsidize projects for both large utility companies and homeowners. Where will that money come from, a tax increase on someone if not everyone.
The second problem with Obama's initiatives is that he wants to decrease our dependency on foreign but also wants to ban offshore drilling. The US imports and consumes nearly three times the amount of oil as the next leading countries. The US consumes 20,000 thousand barrels of oil per day, and produces 8,330 thousand barrels of oil per day- so if we stop importing and ban alternative oil production methods then we have a 12,000 thousand barrel per day deficit. I suppose the argument is that the US should decrease consumption, but frankly we're not, we haven't, and we won't soon... like in four years.
Like I say again and again, we have to change because oil will stop, coal will not be found, air will become toxic, water will become poison, and life will cease, but the approaches by American politicians suck. American policy revolves around commerce and the economy, and the environment has no value, so politicians let it suffer at the expense of commerce.
Having visited Sweden I know that our energy situation can have dramatic improvements while increasing the quality of life for residents. Sweden has invested billions of dollars in energy policy to create a relatively oil-independent nation. The energy and environmental model of Sweden should be followed by the US because it actually works.

http://online.wsj.com/article/SB122593011788403123.html?mod=googlenews_wsj

FDA to put inspectors in China by year's end

Denver Post- October 17, 2008
With the number of contamination outbreaks there have been in the US in the last few years, and the threat of more, it is about time the FDA works on the source of our food. The outbreak of bad baby food in China and the release of leaded paint toys is seriously scary, and there is little regulation on what come into our country. The EU has setup a rather comprehensive ban on GMO's from the US because of their concern for the health of their residents. It's incredibly hypocritical that we have so many regulations and lawsuits but so little effort goes into protecting the health of our bodies and environments.

http://www.denverpost.com/business/ci_10740540?source=rss

Sunday, November 9, 2008



Thirsty? No thanks I have Boulder water in my glass


Tell me this is ok. even if this were the only stack in the world, is it alright to do?

Deaths of small fry a big issue

Denver Post- October 19, 2008
Power plants and factories across the US are contributing at least in small part to the loss of environment and species. Despite their claim that only a few fish eggs are destroyed or only a few fish are killed, thousands of water cooling systems are killing marine life. There are alternative cooling systems that would reduce or eliminate the number of fish killed. This is significant to the lager ecosystem because every fish that dies is a fish that does not feed another animal. Every egg that does not hatch is one less chance for a fish to mature. Every animal that does not eat enough is more likely to die. The debate that we are only killing a few is such bogus because we are still killing. It's like you're intending on going to Mexico but instead you drive towards Canada, only instead of going fast towards to Canada you drive slow so it's not really that bad. Slow or fast it's the wrong way.
This debate focuses on the economic value of both industry and market fish, the environment has no position in the industries mindset. This country especially needs to break out of the commerce-only mindset and look at the larger picture and what the effects are from their actions.

http://www.denverpost.com/ci_10756988

Economy deflates renewable fuel plans

Denver Post- October 18, 2008
Not only does the price of oil affect everybody, but the recent economic depression has spread to other countries as well. The economic and credit upheaval has caused major concern for environmental projects around the state and nation, but hopefully Congress will help with many developments. The importance of the government to invest, or at least provide tax money to renewable energy research and development, is without a doubt, enormous. We will not be able to switch away form coal and oil sources at the instant they cease to provide for our energy needs. The change to alternative energy is a long, expensive, complicated, but necessary process. Besides the central idea of renewable energy changing our energy source, but it also is an industry that will employ thousands if not millions around the world. The oil industry will still continue to produce and thus provide jobs while hopefully decreasing the number of employees over several decades without causing massive unemployment.
The more renewable energy projects that are funded and built help to educate that many more people, and the more people educated about energy will hopefully push for it.

http://www.denverpost.com/ci_10751236

Oil change may reverse fortune of Southwest Airlines

Denver Post- October 18, 2008
I remember years ago when the price of oil was not a talking point for anyone except shareholders. Now the price of oil changes the cost of everything from corn to shoes, FedEx to lumber deliveries, bus to airplane ticket. I think with the change in oil prices there will be more creative ways for producers and consumers to make and buy products, because if commerce continues as is then there is billions of dollars to be lost. More efficient and creative ways may be the cover for sustainable ideas to emerge.

http://www.denverpost.com/headlines/ci_10751209

Reports of toxic spills spiking

Denver Post- October 26, 2008
Our country depends on productive industrial processes, but at the cost of the environment and our health. Colorado State Patrol and other Colorado authorities report increasing numbers of hazmat material production, transportation, and spill reports. This means we are seeing and experiencing more toxic pollution in our drinking water, food products, and air. Natural habitat is being destroyed because of fuel spills and pristine environments are facing permanent damage from toxins in the soil. Colorado State Patrol still has the same number of hazmat teams as a decade ago even though there has been an increase in spills and offenders. Industries are expected to report and contain toxic spills, but there is little incentive for businesses to properly handle spills because of how expensive they may be. The state and federal governments must regulate and penalize offenders with a strong hand because environmental pollution affects more than people involved in a spill, they affect everybody downstream and everybody who breathes the air.

http://www.denverpost.com/headlines/ci_10816901

Orca loss "worse than the stock market"

Denver Post- October 25, 2008
Concern about endangered species seems to go unnoticed when species are bugs, like lightning bugs, but large mammals get some attention. The Center for Whale Research is able to track orca populations and their findings have helped to determine that a decline in chinook salmon may be a prime factor for the orca deaths. Because of the demand for fresh seafood product and the demand for such large volumes of food, links in the food chain suffer from over farming/production. This article made me think about the 1993 movie Free Willy, not only because it was about an orca but because of how one group of people respects and understands the importance of the whale and the other group only sees profit and business. This day in age everything is about business and making a profit, and saving wild species has no place in the market place...

http://www.denverpost.com/ci_10817007

Thursday, November 6, 2008

No one is neutral in water fight

Denver Post- October 12, 2008
The West suffers from a lack of water for the current population, and an estimated 40 million more people are expected in the West within the next 30 years. Where do we get water from, who regulates its use, how is it regulated, who is responsible for controlling and cleaning water? Coal-bed methane water does sound appealing for some people because it is cheap and its water, but opponents are skeptical to allow this water go into use because of the health implications that are associated with it. I think there needs to be sufficient studies done on the quality of the water and long term effects of using it because if it is dangerous then states will end up spending hundreds of millions of dollars on a system that kills citizens and crops. The public and commerce seems to push for options that seem like really good ideas but ends up being dangerous and having horrible lasting effects. I don't know where we will get water from, but maybe new water laws and better conservation programs must be funded and enforced.

http://www.denverpost.com/search/ci_6603026

Oil industry's tax break looks as if it will stay

Denver Post- November 4, 2008
The oil and gas industry has been successfully receiving tax breaks and refunds for thirty years, with 2004 giving 81 percent of taxpaying filers some amount of a refund. Amendment 58 would have raised state collections of severance taxes from about $200 million to about $500 million. The money would have provided $90 million for college scholarships and the rest split up for sustainable projects and infrastructure projects. Colorado still has the lowest severance tax in the west, but the oil industry paid its way through this piece of legislation. I think not enough people were aware of the benefits of the proposal and were more concerned with the possibilities of price increases or tax issues.

http://www.denverpost.com/ballotissues08/ci_10900351

Iraq flush with oil cash

Denver Post- October 25, 2008
Here near the end of the presidential campaigns the Democratic party has used the Iraqi oil money surplus as a target against the war in Iraq. They say Iraq should be paying for the war instead of building attractions and infrastructure in a country that has been oppressed and ravaged by war. One product of the Iraq war was to remove Saddam and the oil sanctions so the country can build like any other nation in the world. Under Saddam the budget was poorly managed and the country could not build any monetary surplus because of spending restrictions and UN sanctions. The US, UN, and other allies should help Iraqi officials manage the budget and help with rebuilding the infrastructure and attractions. Let Iraq grow with the help of the US, because really we put them in their place as of now.

http://www.denverpost.com/ci_10811285

Xcel's filings could lower state bills a bit

Denver Post- November 4, 2008
Its ironic that the day of elections the paper come out with this blurb that says Xcel could possibly help lower residential and commercial energy bill a little bit. Why ironic, Amendment 58 did pass because many voters were concerned with the possibility of an "enormous" raise in energy bills. It just shows that energy prices fluctuate because of so many factors, and in the end they will never come down below what we know as cheap prices.

http://www.denverpost.com/headlines/ci_10898865

FasTracks challenge faces new directors

Denver Post- November 4, 2008
Voters approved funding the whole FasTrack program expansion a few years ago, but somehow the state has lost the funding that voters thought was properly allocated. I'm guessing in the next election in two years the state will want voters to approve more funding for the project. This is the largest planned transportation expansion project in the nation which will be a focal point for Denver for the next 50 years. Hopefully the state and RTD can successfully complete the project to help move the public that is shifting types of transportation. Whats good for the majority comes at a high price that many do not agree with, but it just may be necessary.

http://www.denverpost.com/election08/ci_10899671

Ozone hole is fifth largest ever

Denver Post- November 5, 2008
The battle to protect our environment is never ending. The ozone hole tragedy of the 90's has subsided significantly but the problem still persists and the culprit has not done enough to stop it. Collectively the world must come together to determine the exact causes of problems like this and make changes to try to stop or revert the circumstance. Kyoto was maybe a half hearted attempt at global environmental policy, but there was not enough encouragement or benefit seen in the protocol. One may ask why the world must unite on environmental policy, and the answer is because Antartica does not produce the pollution that causes ozone depletion, it all comes from somewhere else.

http://www.denverpost.com/rawnews/ci_10906182

Homebuilders' blues

Denver Post- November 4, 2008
Home building has had a 40 percent decline in sales this third quarter. Unfortunately the entire field of construction suffers from declines in such a large encompassing market. The chain of losses surrounding the housing market is rather long: real estate agents/agencies, home building companies/contractors, sub-contractors, suppliers, manufactures, and so on. Maybe the initial problem of the credit crisis was the excessive volume of houses on the market being sold well under prime market value. Home builders inflated the housing market with cheap cookie-cutter homes only to sucker people into homes they couldn't really afford. One thing lead to another and now the world is having an economic collapse.
My advise for the future is that all industries should be careful of how much they flood the market with their product because too much will have a significant chain effect on many people.

http://www.denverpost.com/commented/ci_10898855?source=commented-business

Wednesday, November 5, 2008

Amendment 58

9News.com Summary of 58
There is no certainty that the pass-through of taxes would actually happen had 58 passed, like Gov. Ritter stated is his position paper. Not only would gas and oil prices fluctuate slightly, but public services are regulated by the state so rates are not irresponsibly increased. Coloradans are concerned that making an industry responsible might raise fuel rates for their consumption, but it just doesn't work like that.
Now that elections have passed it is surprising that Colorado voters allowed the oil and gas industry to continue to receive substantial financial breaks. Smaller wells are actually supported by the measure, so why did we not support them? What happens when all the oil and gas wells dry up, how much money will the state be able to receive when there is no industry?

http://www.9news.com/rss/article.aspx?storyid=100907

Amendment 58 voted down

Voters say NO to 58
Elections concluded yesterday yielding the result of Amendment 58, and voters said no. It is interesting how Colorado voters chose not to support any education funding by voting down 58 and 59, and chose not to support environmental protection or alternative energy funding by voting down 58.
Colorado voters only approved two amendments both of which concern money- gambling and campaign contributions. It seems that Colorado voters did not put any focus on other social issues at hand.