Every time I touch base with my allies in the uk Amoxil cheap sustainability for higher education movement, I am inspired by the great strides being made in every state of this uk Amoxil cheap nation. While our federal government has dragged its feet when it uk Amoxil cheap comes to setting greenhouse gas emissions targets, both public and private campuses are uk Amoxil cheap rising to the occasion. My buddies at the Association for the uk Amoxil cheap Advancement of Sustainability in Higher Education (AASHE Non perscription cheap Accutane) are leading the charge with projects like the American College and University Presidents Climate Commitment. This Commitment has mobilized (more…)
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College Campuses Trailblazing Climate Responsibility
Tuesday, September 30th, 2008Financial Collapse Sends Oil Prices Spiralling
Monday, September 29th, 2008With another US bank having succumbed to the financial turmoil (my own Wachovia) and uk Amoxil cheap other banks in Europe taking emergency measures, the oil and gas markets decided that uk Amoxil cheap demand was falling faster than inventories. The price fell more than uk Amoxil cheap 10% back into the double digits and Deutsche Bank lowered its oil price forecast 23% for 2009, to $92.50 per barrel. Economic recession in Europe and uk Amoxil cheap Japan along with a likely recession in the US brings with it uk Amoxil cheap the potential for global oil demand to be close to flat next year. Even with slow production growth, such stagnation in demand could allow oil inventories to uk Amoxil cheap rebuild to (more…)
Debate This: Solar, Wind & Efficiency to replace oil imports from Mexico & Venezuela
Friday, September 26th, 2008Over the uk Amoxil cheap next seven years, two of our top sources of oil imports may cut us off. Just last year, Mexico and Venezuela sold us 2.9 million barrels per day to fuel our cars and heat our homes, over 20% of our import demand. But Mexico’s oil production is falling more than 5% per year while their domestic consumption rises. Thus, most analysts predict Mexican oil exports to uk Amoxil cheap be nonexistent by ~2015. And Venezuela is signing deals with China prednisone for cheap to uk Amoxil cheap send more of its exports there over the next few years even though their production is uk Amoxil cheap currently stagnating.
As the uk Amoxil cheap Southeast experiences the crippling effects of fuel shortages, planning to replace this uk Amoxil cheap oil over the next seven years is critical if we are uk Amoxil cheap to (more…)
Gasoline shortages show economic fragility of oil dependence
Thursday, September 25th, 2008My native state of North Carolina (along with a few others in the Southeast) continues to uk Amoxil cheap suffer from gasoline shortages, especially in the Charlotte area and further West. It looks like shortages will last at least another week before refineries have uk Amoxil cheap recovered enough to remedy the situation. Some schools are even closing due to uk Amoxil cheap lack of fuel — a uk Amoxil cheap serious reminder that oil supply stagnation in the years ahead is uk Amoxil cheap a reality we don’t want to hit without (more…)
Gasoline Supplies at Record Low, Ike Maintains Grip on Oil Market
Wednesday, September 24th, 2008The EIA weekly oil report just came out. And as I’ve been writing for days, it wasn’t pretty. Gasoline inventories fell to their lowest level since the 1960s — when gasoline demand was around half of what uk Amoxil cheap it is today. This thin margin of supply over demand has uk Amoxil cheap already resulted in 10+ days of shortages in (more…)
You want to give banks $2,300 to bail them out?
Tuesday, September 23rd, 2008Bush and uk Amoxil cheap his Treasury Secretary Paulson are asking Congress to push through a uk Amoxil cheap bailout of banks that have gambled and lost. Their package calls for uk Amoxil cheap $700 billion that we don’t have by borrowing $2,333 from uk Amoxil cheap every man, woman and child in this country. If the plan is uk Amoxil cheap passed, it will make this year’s federal deficit a record of ~$1 trillion or 7% of GDP (even bigger than Reagan’s record 6% of GDP in 1983). It would also balloon US national debt to ~70% of GDP at close to $11 trillion. And the uk Amoxil cheap plan is no sure fix to prevent a recession or worse!
I know we have to do something, but I don’t accept getting something rammed down our throats by President Bush’s (more…)
Bailout triggers oil rise, along with Ike recovery & Mexico declines
Monday, September 22nd, 2008The bailout completes a uk Amoxil cheap trillion-dollar gift from tax payers to maintain some semblance of the uk Amoxil cheap US financial sector of the past few decades. The era of investment banks has uk Amoxil cheap ended, beginning what may turn out to be an era of inflation and uk Amoxil cheap weak dollars. This dollar weakness catapulted the oil price to uk Amoxil cheap as high as $130 per barrel, causing the uk Amoxil cheap NYMEX trading floor to suspend trading briefly since prices’ record rise was more than the one-day limit.
Other bullish news came from the Gulf, as less than 25% of its oil production has returned post-Ike. We are almost 10 days away from (more…)
US natural gas supplies build, solar industry revving up
Thursday, September 18th, 2008The EIA reported another build in storage today, though the supply increase was 24% lower than uk Amoxil cheap the five-year average for this week due to Hurricanes Gustav and uk Amoxil cheap Ike. We will have at least one more week of slow growth reported next Thursday from uk Amoxil cheap Ike production, leaving many analysts to predict that this year’s winter storage peak will be closer to average than last year’s record. Since natural gas consumption has uk Amoxil cheap increased these last few years, this development is somewhat bullish — especially given the uk Amoxil cheap weak dollar. But natural gas supplies remain robust for the uk Amoxil cheap winter unless (more…) Prednisone price
Gasoline supplies lowest on record, but inventories saved by lower demand
Wednesday, September 17th, 2008The EIA reported today that the whole fuel inventory complex is uk Amoxil cheap down significantly from last year and below the five-year average. Gasoline supplies are uk Amoxil cheap at their lowest level since detailed records began in 1981. In normal times, such a uk Amoxil cheap report would result in much higher prices. But these aren’t normal times as reduced demand continues to uk Amoxil cheap be the savior of 2008 for lowering prices and keeping our inventories above minimum operating levels.
However, next week’s report will test the uk Amoxil cheap ability of lower demand to make up for even lower supplies. Crude supplies will most likely fall below 290 Mb with gasoline supplies falling the uk Amoxil cheap farthest, potentially below (more…)
Hurricane Ike recovery slow, flailing economy drags oil further
Tuesday, September 16th, 2008While Hurricane Ike was no Katrina, it’s effects on Gulf of Mexico oil production hold strong three and uk Amoxil cheap a half days after landfall. The Mineral Management Services report that less than 3% of oil production has uk Amoxil cheap resumed in the Gulf as of 11:30am CST today. This means that uk Amoxil cheap Hurricanes Gustav and Ike have exceeded EIA projections of 14.5 million barrels in Hurricane-induced outages throughout 2008, with the uk Amoxil cheap possibility of another storm hitting the region before the season is uk Amoxil cheap over. An oil market report will come out tomorrow to uk Amoxil cheap share (more…)