US Military Leadership Acknowledge Peak Oil,…
OPS_admin | Oct 31, 2010 | Comments 0
Two reports this week clearly indicate that the U.S. military is aware of the peak oil threat and is seriously pursuing development of alternative fuel and energy sources. The immediate costs of transporting fuel on the battlefield as well as the long-term costs of foreign oil dependency (and oil scarcity) have prompted a pragmatic shift to synthetic and biofuel testing.
As The Guardian reported this week, the U.S. navy has successfully tested an algae-based biodiesel fuel mix in a 49-ft gunboat at its Norfolk, Virginia naval base. This is one of the first steps toward the navy’s goal of running half its fleet on non-petroleum sources by 2020. Today’s cost of a gallon of algae-diesel fuel mix is $424, not far from the estimated $400 it now costs to get a gallon of gasoline to a war zone. The navy has committed to purchasing 150,000 gallons of domestic algae-based fuel, the costs of which should scale down as production ramps up.
Full Story: US Military Leadership Acknowledge Peak Oil,… | Gather.
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Who will you vote for this year: Big Oil, Big Casinos, or Wall Street?
Billionaire hedge fund manager - and primary contributor to Rick Santorum's Red, White, and Blue SuperPAC - Foster Friess let the truth slip out about politics in this post-Citizens United age during an interview with Politico. Friess was among several billionaires who attended the Koch brothers secret meeting last month where over a hundred million dollars was pledged to beat President Obama.Trying to get other oligarchs on the side of Rick Santorum - Friess said, "There isn't a person at the Koch brothers events who would not get a good return on their investment by investing in [Santorum] as president, because of what they believe about the free enterprise system." The key word there: investment. These aren't campaign contributions - these are investments that millionaires and billionaires are making to keep their tax breaks, their subsidies, and their lax regulations in place.We no longer have actual people running for President - we have a few very, very rich people like Friess and the Kochs investing in stooges to do their bidding - and hoping to see major returns in their bank accounts. So who will you vote for this year? Big Oil, Big Casinos, or Wall Street?-Thom(Who will you vote for this year? Tell us here.) -
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