Oil nears $142 in Asia on Monday

This fuel situation is uglier and uglier. Santa's gonna probably be hauling a light load this year.Might not make as far south as Rosarito.

Global Climate impacts loom almost immediately

A couple weeks ago I came across one of the most disturbing articles I've read in a very long time. It was an update to a series of articles which started in 2004. Whether you believe in global warming or not few can dispute the fact that greenhouse gases are contributing to huge changes in our climate and weather patterns worldwide. I can't track that exact article down at the moment but....

Imagine 850 BRAND NEW coal fired power plants all being completed between 2004 and 2012. Well, its real and its happening as we speak. China wants to add 562 coal-fired plants, India wants to add 213 plants and even the U.S. has plans to add 72 coal-fired plants. The skyrocketing price of oil has all but eliminated it as a source of power generation from bunker fueled steam boilers or diesel-fired turbines generating electricity. This crisis has forced the biggest nations of the world to look to the nearly unlimited source of coal to produce energy.

If you think 110F in the shade in mid summer is doable, how about 120F just four years from now. Will Baja and Mexico proper be an inviting paradise then? Will ex-pats and tourists shun Mexico all summer because it becomes unbearably hot? Perhaps in four years we can ask that question again.
"New Coal Plants Bury 'KYOTO' "
The above article was written 4 years ago.

Two years later, 2006, this article was written.
Pollution from Chinese Coal Casts Global Shadow
In just the first two years of new coal plants in China we West Coast North Americans were already being rained down upon with the pollution from those new plants. Two more years have gone by since 2006. Half way to 2012. Have any of you FM2's or FM3's or new Mexican citizens who now spend a lot of time south of the border noticed any upward trend in how hot its getting or perhaps how much sooner its warming each spring or how long it continues to stay warm each fall season? Or no changes at all? I really have plans to spend a significant portion of my years in Baja. But....

And now headlines in April of 2008.
Europe Turns Back to Coal, Raising Climate Fears

Seems to me we are heading straight back to the days of the original Industrial Revolution when Europe's cities were coated black in soot and carbon. Now it seems we are doing the same thing only this time you can't see it but the carbon is still there. The world's oceans are becoming more acidic each year. When they reach a point where the diatoms, the microscopic beginning of the oceans' food chain, can no longer create their calcium shells, or the coral reefs cannot create their calcium houses because the acid water dissolves them, the world will probably see the oceans go dead except for algae. Everything begins with the diatoms in the sea.

And how do we get out of this mess? Yes, desert dwellers can go solar and wind, but we still must suck up what is blowing in the wind from others.

And oh yeah, Santa is going green.....and NUCLEAR. Your Christmas presents are safe for another 100 years.

Oil at $146 a barrel! A barrel is 42 gallons. It varies, but 42 gallons of crude oil can yield on the average about 20 gallons of gasoline, 7 gallons of diesel, and 5.5 gallons of jet fuel. The remainder of the 42 gallons produces lube oil, asphalt, fuel oil etc.

Quote:

Originally posted by Cypress Oil at $146 a barrel! A barrel is 42 gallons. It varies, but 42 gallons of crude oil can yield on the average about 20 gallons of gasoline, 7 gallons of diesel, and 5.5 gallons of jet fuel. The remainder of the 42 gallons produces lube oil, asphalt, fuel oil etc.