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Market Oracle FREE Newsletter

Category: Environmental Issues

The analysis published under this category are as follows.

Politics

Tuesday, July 06, 2010

BP Gulf Oil Spill Day 76: A Whale Awaits EPA and Jones Waiver / Politics / Environmental Issues

By: Dian_L_Chu

The world’s largest oil skimmer vessel arrived in the Gulf and has docked in Louisiana since June 30 awaiting U.S. official review and approval.

The Taiwanese-flagged vessel was originally commissioned as a conventional oil tanker earlier this year in South Korea. But the ship’s owner, Taiwan shipping giant –TMT (“Today Makes Tomorrow”) Shipping Offshore—modified it into an oil skimmer immediately after the BP Deepwater Horizon rig explosion.

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Politics

Sunday, July 04, 2010

BP Oil Spill Global Catastrophe Reaches Epic Proportions / Politics / Environmental Issues

By: T_Anthony_Michael

Diamond Rated - Best Financial Markets Analysis ArticleDr. Tom Termotto writes: As BP Oil Spill Lets the Genie Out Of The Bottle

Why has it been so difficult to put this GENIE (Oil & Gas) back into the bottle (Macondo Prospect, Gulf of Mexico)? Or at least keep any more of him from coming out?

There are many reasons, on many different levels, but let’s start with BP and the culture of corporate superiority that has evolved at this corporate behemoth since its founding in 1908. We’re talking about the granddaddy here – the Anglo-Persian Oil Company – which was the first to develop the oil and gas reserves discovered in the Middle East. Simply put, when you’re the biggest and the oldest in that neck of the woods, you get used to doing it your way, and ONLY your way.

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Politics

Saturday, July 03, 2010

Overwhelmed by Oil and Toxic Pollutants: The Destuction of an Entire Coastline / Politics / Environmental Issues

By: Global_Research

Best Financial Markets Analysis ArticleFelicity Arbuthnot writes: "The sea that bares her bosom to the moon;
The winds that will be howling at all hours  ...
For this, for everything, we are out of tune." (William Wordsworth, 1770-1850.)

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Politics

Saturday, July 03, 2010

Should We Nuke the BP Gulf Oil Well? / Politics / Environmental Issues

By: Washingtons_Blog

Best Financial Markets Analysis ArticleCBS News, the Christian Science Monitor, CNN and Reuters have all asked whether BP should nuke its leaking oil well.

Indeed, some high-level Russian nuclear scientists and oil industry experts have suggested such that approach to stop the Gulf oil gusher. Here is archival footage of the Russians killing a gas leak with a nuclear device.

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Politics

Saturday, July 03, 2010

Postcards from the Gulf, Clouds of Oil Billowing from Seabed may Contain Silver Lining / Politics / Environmental Issues

By: Submissions

Best Financial Markets Analysis ArticleJames Macfarlane writes: There may be something other than misery being telegraphed from the bottom of the Gulf of Mexico. To the acute observer, something besides crude oil may be seen rising to the surface. It’s a message. A message revealing a deeper truth as to the real meaning of this crisis.

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Politics

Saturday, July 03, 2010

BP Gulf Oil Spill Disaster, An Impossible Well to Cap? / Politics / Environmental Issues

By: Joshua_S_Burnett

Diamond Rated - Best Financial Markets Analysis Article              My first article in this series was a query; I listed the theories and evidence I’d seen thus far and asked for readers to respond and tell me I was crazy (which a few of you did, in as many words…much appreciated J). I felt that what I was writing about seemed to me far “too apocalyptic” as one comment on the original article stated.  If you read the introduction and conclusion of the first article it becomes rather obvious that I wasn’t advocating, I was inquiring.  I received over 100 emails; after investigating those leads here are what I’ve concluded thus far.

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Politics

Thursday, July 01, 2010

BP and the "End Times"? / Politics / Environmental Issues

By: Kevin_Geary

I am not much into "the End Times" prediction, as so many have been predicted in the past and obviously have failed to materialise, but the BP Oil catastrophe in the Gulf has given me some pause to think about some well-known world predictions of the end of times, all of which have proven remarkably enduring.

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Politics

Thursday, July 01, 2010

BP Gulf Oil Spill Questions and Answers / Politics / Environmental Issues

By: Submissions

Best Financial Markets Analysis ArticleVictor Chan Wai-To writes: The 2010 Mexican oil spill is one of the largest offshore spills in history. Just a month after it occured, billions of dollars are lost and lives of millions of people are destroyed. Below is a summary on the incident, expressed in a Q&A format, which gives an up-to-date estimation of the economic destruction brought by the incident at the time of writing (early July 2010).

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Politics

Wednesday, June 30, 2010

Gulf Oil Spill Methane Release and Mass Extinction Events, How Bad Could It Get? / Politics / Environmental Issues

By: Washingtons_Blog

Diamond Rated - Best Financial Markets Analysis ArticleTremendous quantities of methane are being emitted by the Gulf oil spill. The methane could kill all life in large areas of the Gulf.

However, rumors being spread widely around the Web claiming that the methane could bring on a doomsday catastrophe are not credible.

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Politics

Sunday, June 27, 2010

The Final End of the Hydrocarbon Fuel Paradigm / Politics / Environmental Issues

By: T_Anthony_Michael

Best Financial Markets Analysis ArticleDr. Tom Termotto writes: These are the realities on the ground (undersea floor), in the water (Gulf of Mexico & Seven Seas), and in the air (atmosphere) in the wake of the Oil & Gas Industry operations around the globe, as it has operated for well over 100 years. For illustration purposes let’s just focus on the northern Gulf Coast of Mexico, since that is where Mother Earth has directed our collective attention. We can do this quickly by consulting the following map of the oil and gas platforms that were in operation throughout the Gulf of Mexico in 2006 (per Wikipedia).

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Politics

Sunday, June 27, 2010

BP Gulf Oil Well Blowout May Never End / Politics / Environmental Issues

By: Washingtons_Blog

Best Financial Markets Analysis ArticleAs I have previously noted, it is now clear that there is damage to BP's well beneath the sea floor.

Recently-retired Shell Oil President John Hofmeister told MSNBC yesterday:

The question is whether there is enough mechanical structure left at the base of the reservoir to hold the cement when they start pouring cement in [from the relief well].

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Politics

Wednesday, June 23, 2010

Deepwater Horizon: The Worst-Case Scenario / Politics / Environmental Issues

By: Global_Research

Best Financial Markets Analysis ArticleRichard Heinberg writes: Reports from the Gulf of Mexico just keep getting worse. Estimates of the rate of oil spillage from the Deepwater Horizon wellhead just keep gushing (the latest official number: up to 60,000 barrels per day). Forecasts for how long it will take before the leak is finally plugged continue pluming toward August—maybe even December. In addition to the oil itself, BP has (in this case deliberately) spilled a million gallons of toxic Corexit dispersant. Biologists’ accounts of the devastation being wreaked on fish, birds, amphibians, turtles, coral reefs, and marshes grow more apocalyptic by the day—especially in view of the fact that the vast majority of animal victims die alone and uncounted. 

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Politics

Wednesday, June 23, 2010

Gulf Oil Spill - The Greatest Disaster Since The Flood? / Politics / Environmental Issues

By: Submissions

Best Financial Markets Analysis ArticleJoshua S. Burnett writes: Most articles begin with a purpose statement revealing what the author desires to convince the reader of.  This article is different.  These few paragraphs begin with a plea for someone to tell me that I’ve got the evidence all wrong and that what I see and know is a smoke filled illusion void of reality.  I want someone who knows differently to tell me.  So as you read this article please understand that I’m not attempting to be a fear-mongerer.  Please know I’m no prophet or guru, just a guy who looks at all the evidence he has and draws conclusions.  And if you know I’m wrong and why, please write and tell me.

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Politics

Tuesday, June 22, 2010

Obama Administration Knew About BP Deepwater Horizon Drilling Depth Risk / Politics / Environmental Issues

By: OilPrice_Com

President Obama and Secretary of Interior Ken Salazar, Secretary of Energy Steven Chu, and Defense Secretary Robert Gates were informed that BP would drill an unprecedented 35,000 feet well bore at the Macondo site off the coast of Louisiana. In September 2009, the Deepwater Horizon successfully sunk a well bore at a depth of 35,055 below sea level at the Tiber Prospect in the Keathley Canyon block 102 in the Gulf of Mexico, southeast of Houston.

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Politics

Tuesday, June 22, 2010

Plundering the Planet, The earth is not dying, it is being killed / Politics / Environmental Issues

By: Global_Research

Best Financial Markets Analysis ArticleFelicity Arbuthnot writes: "The earth is not dying, it is being killed.  And those who are killing it have names and addresses." Utah Phillips.

Call me a cynic, but as soon as I hear of the latest "rogue state", declared by the US and endorsed, invariably, by UK and Israel -   a "rogue", always far away, invariably either poverty stricken, or embargoed - I reach for a 1993 "Encyclopaedia of  Word Geography", turn to the page on the latest declared "enemy", and look at the box which lists: "Major resources."

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Politics

Monday, June 21, 2010

Where is the BP Gulf Oil Spill? / Politics / Environmental Issues

By: Washingtons_Blog

Diamond Rated - Best Financial Markets Analysis ArticleIt's the largest environmental disaster in U.S. - and possibly world history.

But do you know exactly where it is? Could you point to a map and show where the oil rig sank?

Do you know what the topography of the surrounding area is?

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Politics

Sunday, June 20, 2010

Message to Obama on the Gulf Coast Guard / Politics / Environmental Issues

By: Submissions

Best Financial Markets Analysis ArticleRobert Palmer writes: Thank God the Governor of Louisiana refused to be intimidated by the Coast Guard.

Sixteen barges were stationary for 24 hours. Workers in hazmat suits and gas masks pumped the oil out of the Louisiana waters and into steel tanks. It was a homegrown idea that was working until the Coast Guard shut the operation down because they couldn’t confirm there were fire extinguishers and life vests on board.

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Politics

Sunday, June 20, 2010

U.S. Government Delays and Restrictions on Gulf Oil Spill Clean Up / Politics / Environmental Issues

By: Dian_L_Chu

There has been some new information since June 8, when I quoted a Belgian newspaper--De Standarrd--that the Jones Act may have caused a delay in the oil spill rescue by forbidding foreign vessels and personnel to work in the U.S. Gulf.

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Politics

Wednesday, June 16, 2010

BP Gulf Oil Well Underground Ocean Floor Blowout Disaster Concern Video / Politics / Environmental Issues

By: Videos

Best Financial Markets Analysis ArticleMainstream Media reports fears of Underground Casing Blowout and Subsurface Failures, with the likelihood of multiple oil leaks in the sea floor.

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Politics

Sunday, June 13, 2010

Open Letter to President Obama Re: BP Gulf Oil Spill Solution / Politics / Environmental Issues

By: T_Anthony_Michael

Best Financial Markets Analysis ArticleDear President Obama,

We write this letter concerning the worst man-made, and ongoing, environmental catastrophe of the modern era, and perhaps the worst calamity the entire hemisphere has ever seen.

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