Backward to Global Education
Remember to pray for all the people affected by the tornadoes in the
Midwest.
With all the violent weather, some are blaming it on…you guessed
it…global warming. But it’s more related to the 70-year Pacific
Decadal Oscillation. Even as CO2 emissions are the environmental
crisis du jour, the case for man made global warming declines.
The University of Virginia (UVA) has been refusing freedom of
information requests for Dr. Michael Mann’s emails when he was guru
of the now discredited hockey stick graph. Christopher Horner from
the American Traditional Institute (www.globalwarming.org) joins
the program for an accounting of their lawsuit.
After a brief Middle East intelligence update, we’ll continue last
week’s education thread by examining the history of global education
with Mitch and Machelle Wright.
John’s boralogue examines why Christian teachers in the public
school system are so often an impediment to education reform rather
than a part of the solution. This should stir up a hornet’s nest.
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Once again, oil prices are up and what does Congress do?
Posted in It seems to me.. | 1 Comment »
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90 second news commentary heard on the American Christian Network
Once again, oil prices are up and what does Congress do?
I’m John Loeffler at steelonsteel.com, here’s how it seems to me.
Every time we hit high oil prices Congress jumps into action, holds hearings and does…uh, nothing.
Right now the United States is plowing into a major global energy storm, totally unprepared to face it with a feeble energy policy. Almost ten major studies have been done showing that the world’s daily demand for oil is exceeding the amount that we are producing; and this situation goes critical by about 2014 or ’15. It’s just months away, meaning that there’s going to be a major worldwide shortage of oil. If you think prices are high now, wait until it hits seven dollars, ten dollars.
Now we didn’t have to be in this condition, for years we’ve been painting ourselves into an energy corner by refusing to exploit our own national resources. The world energy market is huge! U.S. oil companies only represent about 15% of the total world market; and contrary to what you hear about record-breaking profits, oil companies only make about a 5% return on their investment.
The day of cheap oil is over. So what is Congress doing as the storm approaches? Well I guess they’re holding hearings, right? But the next time Congress critters tell us about the evil oil companies, you might want to point out to them that the biggest profiteer at the pump is government. They make more in taxes from every gallon sold than the oil companies do in profit.
I’m John Loeffler at steelonsteel.com and that’s how it seems to me.