Distrust of US Financial Media Hits New High
Updated: 2010-09-30 14:13:13
In today's "less than surprising data point" category, the clear winner is Gallup's analysis of people's ever increasing distrust in the mass media. From 46% in 1998, the percentage of people who indicate they have "not very much/none at all" trust in mass media has grown to a stunning 57% ...

The Washington Post this morning asks a fundamental question that has been played out in countless meetings of oil companies, government officials and environmental NGOs: “Will the oil spill make a drop of difference regarding our attitudes?”
Some five months later, was the spill a game changer like ...
: The Oil Drum Discussions about Energy and Our Future Trends in World Oil Supply Consumption and Net Exports Imports The Oil Drum BP's Deepwater Oil Spill Still Important things to discuss Open Thread 2 Drumbeat : September 27, 2010 DrumBeat Drumbeat : September 29, 2010 Posted by Gail the Actuary on September 29, 2010 9:25am Topic : Miscellaneous DOE : Big Utilities Can Get Reliable Power from Small Solar PV Arrays Massive utility-scale solar projects under development in the deserts of California and the Southwest have been in the spotlight in recent months as they win slow approval from state and federal regulators . But a study released in September by the U.S . Department of Energy’s Lawrence Berkeley National Laboratory found that smaller solar photovoltaic PV installations may
In the two months before the UN voted through its fourth set of sanctions, on 9 June, affecting finance, insurance and shipping sectors, Shell's trading company, Satsco, spent at least $778m on Iranian crude, according to documents seen by the Guardian.
BP might be America’s bette noir right now after the Deepwater Horizon spill, but its fierce rival Shell is planning a massive expansion in the region.
Shell plans to expand its operations in tar sands and in deepwater in the Gulf of Mexico.
So never mind the repeated calls ...
In the two months before the UN voted through its fourth set of sanctions, on 9 June, affecting finance, insurance and shipping sectors, Shell's trading company, Satsco, spent at least $778m on Iranian crude, according to documents seen by the Guardian.
So Mordor is getting a makeover. Big-time.
There is a concerted, multi-faceted public relations campaign going on to greenwash the tar sands. Dirty black is trying to become virgin white, or so that’s what they want.
According to three Albertan cabinet ministers, the tar sands are a "Canadian jewel" that ...
When Bob Dudley takes over the reins at BP on Friday he will face a daunting task and a bulging in-tray.
He will be aware that his new job is a personal poisoned chalice, having effectively destroyed the careers of three of his predecessors: Tony Hayward, John Browne and ...
Posted on 3rd September 2010 by JimQ
The Burning Platform Blog
It is par for the course that with oil hovering between $70 and $80 per barrel Americans have continued to buy SUVs and Trucks at a rapid pace. Politicians don’t have constituents screaming at them because gas is $4.00 per gallon, so it [...]
Are investors put off by the risks of ultra deepwater drilling after the Deepwater Horizon disaster?
If the frenzy down in Brazil is anything to go by – the answer is a staggering no.
Brazil’s national oil company, Petrobras, has just raised a whopping $70bn in the biggest share issue in corporate ...
Three years after Russian divers thrust a rust-proof flag into the seabed below the North Pole, the country’s Prime Minister, Vladimir Putin, will attend the Arctic Forum in Moscow today.
Putin wants to stake Russia’s claim in the increasingly frantic battle for control of the Arctic's resources.
Ironically the more ...
My column in Forbes is up for the week, and discusses the failure of light rail. In particular, it focuses on Phoenix light rail, which has been hailed by the intelligentsia as a stirring success. Which it is … if you are willing to completely ignore its costs. Saying that Phoenix light rail represents an [...]
I thought this was an incredibly cool image, showing the changing path of the Mississippi River (in this case where it meets the Ohio). (via Flowing Data) When I was a kid, I was fascinated by water flow and erosion. I remember spending a whole day on a woodside hill watching the evolution of an [...]
Yesterday, UN Secretary-General Ban Ki-moon stressed the importance of making energy available to the poor as a foundation for combating poverty as world leaders gathered in New York this week at the Millennium Development Goal Summit.
At a high-level event yesterday, the Secretary General said that it is lack of political ...
This is bad news, which could have serious ramifications for holding companies legally accountable in the US for their operations abroad.
And it has virtually received no press attention at all.
Last Friday the Second U.S. Circuit Court of Appeals dismissed a suit brought by the Ogoni, who alleged that ...
It is not rocket science that fickle City investors responded to the news of BP’s final plugging of the Macondo well by sending the company's share price rising.
BP's share price rose by just under 2 per cent to $38.68, helping to recover a small portion of the ...
So finally the well is dead.
After 153 days, 5 million barrels spilt and a $10 billion bill so far, BP’s well is officially sealed.
Although no crude has leaked from the well since BP capped it on July 15, the only way to permanently seal it was a bottom kill ...
The absence of federal leadership to tackle GHG emissions in the US has left the room free for regional and state level policy initiatives. These initiatives include policies to reduce and monitor GHG emissions, increase energy efficiency and promote renewable energy. In particular, Renewable Portfolio Standards (i.e., a target related to the share of electricity [...]
Check out the very controversial point of view. Peak Oil causing the price of oil to decline? What do you think?
Vandy
by: John Galt
September 15, 2010
Anything can be overvalued and anything can be undervalued. It’s usually pretty apparent why you would want to own the most desirable assets in the world like beach front property, [...]
R A Leng
Emeritus Professor, University of New England, Armidale, NSW, Australia
rleng@ozemail.com.au
Abstract
The world appears to be at a most critical period in recent history, a financial crisis precipitated by simultaneous and interrelated/ interactive events including Peak Oil (the end of inexpensive energy),other global resource depletion and climate change all of which are undermining food [...]
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Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that the outlook for the economy remains "unusually uncertain" but that the Fed plans no specific steps "in the near term" to try to fuel the struggling ...
Leaders of the G-8 – an annual conference composed of the world’s eight leading industrialized nations – meeting in Muskoka, Ontario just outside of Toronto, Canada, and ahead of next weeks G-20 meeting, issued a strong statement condemning the sinking of a South Korean warship earlier this year by a ...
Despite what was described two weeks ago as a candid, but cordial, conversation between President Obama and new British PM David Cameron, I found this interesting article in the CSM this weekend that I thought was worth expounding upon. And in the context of John Colbert’s prescient satirical skewering of Lord ...
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I was just beginning to enjoy my staycation in the Outerbanks when I caught wind of this interesting piece of economic news on my Bloomberg app and from the NYTimes online. Based on 1H 2010 global economic data, I had planned on posting something ...
Two neighbors, contrasting policies. The fate of coal and the potential cost of carbon emissions in the US remain ambiguous at best, which means that if you are in the coal business, you are in limbo. Canada, on the other hand, is intent on either cleaning up its dirty old coal-fired plants or, failing that, [...]
Watch TV and save Civilization!
VPOE member and co-founder, Jon Cooksey, has worked for 4 long years making a film called, How To Boil A Frog. Sept. 8 at 8:30 pm you can see this opus on Movie Central. http://tiny.cc/o8wts
Here’s the blurb: An eco-comedy (documentary feature film) that mixes rapid-fire humor with hard-hitting facts to show [...]