|Carlo Voli/ 350 Seattle|
60% of new US oil output is being refined and exported; 200 of us will die by bomb train so that can continue…
in this week's news from the EIA, we learned that in the 3rd week of February, crude oil production rose to another all time record high of 9,285,000 barrels a day, up from 9,280,000 barrels a day the previous week and up from 8,059,000 barrels a day during the third week of February last year...they also noted that for that same week, crude oil inventories increased by 8.4 million barrels from last week's 425.64 million barrels to 434.1 million barrels, the greatest level of inventories for any February in at least the 80 years that they have records for...also of note from that weekly 62 page pdf report, they report that despite those massive inventories, U.S. crude oil imports averaged 7.3 million barrels per day last week, up by 174,000 barrels per day from the week ending February 13th, and that the 4 week average of imports continued at 7.3 million barrels per day, only 0.7% below our imports in the same four-week period last year...US oil prices, meanwhile, dropped back below $50 a barrel for the first time in 3 weekson the high inventory numbers, closing as low at $48.17 on Thursday, and then climbed back to close the wee at $49.76 a barrel on tight supplies of gasoline and diesel fuel...
SPIEGEL Interview with Naomi Klein: 'The Economic System We Have Created Global Warming'
via Spiegel Online
SPIEGEL: Let's go back to our first question: Why have people been unable to stop this development?
Klein: We have systematically given away the tools. Regulations of any kind are now scorned. Governments no longer create tough rules that limit oil companies and other corporations. This crisis fell into our laps in a disastrous way at the worst possible moment. Now we're out of time. Where we are right now is a do-or-die moment. If we don't act as a species, our future is in peril. We need to cut emissions radically.
SPIEGEL: Twenty-six years have passed since the Intergovernmental Panel on Climate Change was founded in 1988. We have known at least since then that CO2 emissions from the burning of oil and coal is responsible for climate change. Yet little has been done to address the problem. Haven't we already failed?
Klein: I view the situation differently given the enormous price we will have to pay. As long as we have the slightest chance of success or to minimize the damage, we have to continue to fight.
Crude stench strong enough to ‘burn your eyes’ dogs Irving’s New Brunswick oil-by-rail terminal
via Financial Post
New Brunswick’s Department of the Environment approved the 145,000-barrel-per-day Saint John rail terminal project in June 2012 without requiring an environmental impact study after Irving said it did not expect it to trigger new odors or emissions and was just a variation on its existing marine terminal facility on the same site, according to the documents obtained through a Right to Information Act request.