Electric cars may not be so green after all, says British study

ELECTRIC cars could produce higher emissions over their lifetimes than petrol equivalents because of the energy consumed in making their batteries, a study has found...

Great. Just great.

The world's economy has been turned upside because of these damned electric cars!

Prominent Oil Industry Insider: "There's Another Leak, Much Bigger, 5 to 6 Miles Away!"

Matt Simmons was an energy adviser to George W. Bush, is an adviser to the Oil Depletion Analysis Centre, and is a member of the National Petroleum Council and the Council on Foreign Relations. Simmon is chairman and CEO of Simmons & Company International, an investment bank catering to oil companies.

Simmons told Dylan Ratigan that "there's another leak, much bigger, 5 to 6 miles away" from the leaking riser and blowout preventer shown on the underwater cameras:

Read more and watch video

This is a criminal offence: "If a tsunami happens from the gulf oil spill,ya might not get a warning!" Watch this video

WHAT'S GOING ON HERE?

"Not Accessible for Security Reasons" - Go right into the gulf and click it..see what message you get: www.weather.gov/ptwc/index.php

Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010 and the chief executive of BP sold £1.4 million of his shares 3 weeks before the "accident"

RICO Investigation Needed NOW about Gulf, Energy, and CCX

My own theory is that he's either being blackmailed, or threatened, or is colluding with Obama's pals (perhaps, as my husband suggests, connected to George Soros's oil investments in Brazil).

From today's Los Angeles Times:

At the hearing, Hayward angered lawmakers by stressing that he wasn't involved in key decisions before the deadly explosion of the rig and refused to comment on possible causes of the accident.

"Unfortunately in most cases, he did not have good answers — or give any answers," said Fadel Gheit, an analyst at Oppenheimer & Co. in New York. "He obviously was unprepared and ill-equipped to go through this inquisition."

SARAH PALIN (5/23/10 FOX NEWS SUNDAY):

I don't know why the question isn't asked by the mainstream media and by others if there's any connection with the contributions made to President Obama and his administration and the support by the oil companies to the administration...If there’s any connection there to President Obama taking so doggone long to get in there, to dive in there, and grasp the complexity and the potential tragedy that we’re seeing here in the Gulf of Mexico.

UK Engineer sets US straight on BP and Gulf oil spill

From: Roy Thomson
Re: Oil leak in the Gulf

Whilst I fully understand the concerns of Americans plus many other people around the world, I think it is time to separate relevant facts from emotion and fiction.

(1) Firstly, BP is an exceptionally caring, reputable company for its employees, the public at large and the environment. I know, I was an engineer with them for over 30 years. They are doing everything possible to stem the leak.

(2) It is my firm conviction that they will meet all reasonable and honest claims by people around the coast who have suffered actual losses.

(3) No matter what idealistic environmentalists say, America needs oil now and in the future. Currently, there is no substitute.

(4)Domestic oil is needed as a counter to Arab oil to avoid blackmail and avoid paying possibly $23/gal. in the future, instead of the present $3/gal. approx.

(5) To those who wish to go back to the cave-dwellers life style, do as you wish, but without oil and coal, no amount of wind or wave power will meet modern energy requirements. When the wind and waves stop, the lights will go out, until nuclear power is available.

(6) Whether you like her or not, Sarah Palin is correct in stating that oil production in water over 1 mile deep is a risky, expensive and dangerous business forced on oil companies by legislation against on-shore and shallow water drilling elsewhere.

(7) Environmental damage to wetlands will recover, as it always does and the loss of birds and a few turtles is sad. However across in the Caribbean, in spite of the natives turning turtles into soup, the silence from tree-huggers is deafening.

(8) The current consumer campaign against BP is foolish. If BP is bankrupted, there will be no compensation payouts and thousands of American fishermen, hoteliers, suppliers, stock-holders, workers and their families will suffer financially.

(9)The current whiff of anti-British propaganda is distasteful. When the American owned Piper Alpha Rig exploded and sank in the North Sea with the loss of 167 British lives, there was no such anti-American feeling or protectionist campaign in Britain . It was put down as a tragic accident and followed by tighter regulation.

(10) BP and Shell (40%) are the only British oil companies operating in the USA as opposed to American oil companies Exxon, Conoco, Chevron, Texaco, Mobil, Amerada, etc operating in the UK & Europe. The balance is clearly in US favour.

(11) Finally, actual detailed responsibility for the failure has not yet been determined. The world’s most experienced deep-sea drilling company, Swiss owned Trans-Ocean, drilled the well for BP, and an American company Cameron, supplied the blow-out preventer and shut off valves. No doubt the technical experts and their lawyers will eventually sort this one out.

SHOCK: The Global Financial Meltdown Did Not Start in the U.S.

What really triggered this recession should be obvious, since the same thing happened before every other postwar US recession save one (1960).

Alan Reynolds in an article on the Cato Institute site concludes that President Obama, and other G-20 leaders, have it wrong!