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POPSGood-Bye Rolls Royce: Hello Japanese Classic Cars What comes to your mind when you think of classic cars? Pontiac, Porsche or Jaguar? Well, there is a new trend growing in the classic car collectors in the USA. The American generation which grew up driving Japanese cars after the oil crisis in the 80's are getting more interested in the ancestors of their Japanese cars, thinking them as classics!
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POPS The Mysterious Origin and Supply of Oil processes for making petroleum likely require thousands of years. Even if Earth does contain far more oil than currently thought, it's inevitable that reserves will one day run out. Scientists disagree sharply, however, on when that will occur. And, some say, a global crisis could begin as soon as increasing demand is greater than supply, a possibility that might be measured in years rather than decades, some analysts argue.
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POPSSaudi Arabia Wants Compensation if Global Warming Bill Passes Saudi Arabia, which sits atop the world's largest proven oil reserves, is seeing economic growth slide because of fallout from the global meltdown, but experts still expect the country, flush with cash from oil's earlier price spike last year, to be better able than other nations to cope with the current crisis. Al Sabban accused Western nations of pursuing an agenda against oil producers, under the guise of protecting the planet. “Despite the variability in the region, the current Arab position is mainly focused around protecting the oil trade rather than saving the planet form the adverse impacts of climate change,” said Wael Hmaidan, the executive director of IndyACT.
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POPSEnergy Crisis Postponed: New Gas Rescues The World 
Tony Hayward, BP's chief executive, said proven natural gas reserves around the world have risen to 1.2 trillion barrels of oil equivalent, enough for 60 years' supply " and rising fast. "There has been a revolution in the gas fields of North America. Reserve estimates are rising sharply as technology unlocks unconventional resources," he said. "The common wisdom was that unconventional gas was too difficult, too expensive and too demanding," he said, according to Petroleum Economist. "This has changed. If we ever doubted that gas was the fuel of the future " in many ways there's the answer." The breakthrough has been to combine 3-D seismic imaging with new technologies to free "tight gas" by smashing rocks, known as hydro-fracturing or "fracking" in the trade. The US is leading the charge. Operations in Pennsylvania and Texas have already been sufficient to cut US imports of liquefied natural gas (LGN) from Trinidad and Qatar to almost nil,
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POPSEnergy crisis is postponed as new gas rescues the world
"The common wisdom was that unconventional gas was too difficult, too expensive and too demanding," he said, according to Petroleum Economist. "This has changed. If we ever doubted that gas was the fuel of the future – in many ways there's the answer." The breakthrough has been to combine 3-D seismic imaging with new technologies to free "tight gas" by smashing rocks, known as hydro-fracturing or "fracking" in the trade. The US is leading the charge. Operations in Pennsylvania and Texas have already been sufficient to cut US imports of liquefied natural gas (LGN) from Trinidad and Qatar to almost nil, with knock-on effects for the global gas market – and crude oil. It is one reason why spot prices for some LNG deliveries have dropped to 50pc of pipeline contracts. We may soon be looking at an era when gas, wind and solar power, combined with a smarter grid and a switch to electric cars returns the country to near energy self-sufficiency.
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POPSCompromising Paycuts With Online Payday Loans The world wide prevailing recession has forced many Britons to taste the sour taste of pay cuts, whether they are the oil rig workers or the executives. The effects of recession is making continuous marks on several economies of the world, even the economies of the developed nations like US, UK, Canada etc are suffering hard due to this. Still, the situation of cutbacks in payment is far better than the rising unemployment in the country. Thus, people facing troubles in their daily life due to pay cuts can fulfil their financial deficiencies with the help of online payday loans as these loans come as a real supporter during your crisis time.
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POPSThe cost of supporting Israel
These have cost the U.S. $1.5 trillion, excluding the additional costs incurred since 2001. The cost of supporting Israel increased drastically after the 1973 Israeli-Arab war. U.S. support for Israel during that war resulted in additional costs for the American taxpayer of between $750 billion and $1 trillion. When Israel was losing the war, President Richard Nixon stepped in to supply the Jewish state with U.S. weapons. Nixon’s intervention triggered the Arab oil embargo, which cost the U.S. as much as $600 billion in lost GDP and another $450 billion in higher oil import costs. The 1973 oil crisis cost the U.S. economy no less than $900 billion, and probably as much as $1.2 trillion. As a result of the oil embargo the U.S. government created the Strategic Petroleum Reserve (SPR) to “insulate Israel and the U.S. against the wielding of a future Arab “oil weapon.” The billion-barrel SPR has cost taxpayers more than $134 billion so far. Making things worse, Israel gets “first
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POPSPalin: Dollar woes show need for energy independence THIS should be among the top 2 issues that Washington is addressing! How many of our economic problems could be solved just by going full-force on this desperate need? Can someone explain to me (other than the environmentalist's drumbeat) why this is so hard to implement?? I hear the talk but see no movement. Crisis indeed!!
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POPSHere’s What Israel Is Really Costing American Taxpayers Want to know what's really sinking America? These have cost the U.S. $1.5 trillion, excluding the additional costs incurred since 2001. The cost of supporting Israel increased drastically after the 1973 Israeli-Arab war. U.S. support for Israel during that war resulted in additional costs for the American taxpayer of between $750 billion and $1 trillion. When Israel was losing the war, President Richard Nixon stepped in to supply the Jewish state with U.S. weapons. Nixon’s intervention triggered the Arab oil embargo, which cost the U.S. as much as $600 billion in lost GDP and another $450 billion in higher oil import costs. The 1973 oil crisis cost the U.S. economy no less than $900 billion, and probably as much as $1.2 trillion. As a result of the oil embargo the U.S. government created the Strategic Petroleum Reserve (SPR) to “insulate Israel and the U.S. against the wielding of a future Arab “oil weapon.”
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POPSNorway Keeps Leftists in Power This election, like the three previous ones, was all about schools, higher education, children, families, health care, the elderly and the environment — everything that touches on quality of life,
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POPSMore Dirty Deeds or Life Is Cheap As the #1 consumers of petroleum on the planet, we kinda owe it to our fellow beings to give these oil companies a conscience and force them to act in accordance with it. And, by the way, Chevron is not the only miscreant. All those Big Boys are dirty.
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POPSHard-Line Force Extends Grip Over a Splintered Iran “It is not a theocracy anymore,” said Rasool Nafisi, an expert in Iranian affairs and a co-author of an exhaustive study of the corps for the RAND Corporation. “It is a regular military security government with a facade of a Shiite clerical system.” The corps has become a vast military-based conglomerate, with control of Iran’s missile batteries, oversight of its nuclear program and a multibillion-dollar business empire reaching into nearly every sector of the economy. It runs laser eye-surgery clinics, manufactures cars, builds roads and bridges, develops gas and oil fields and controls black-market smuggling, experts say. Its fortune and its sense of entitlement have reportedly grown under President Mahmoud Ahmadinejad. Since 2005, when he took office, companies affiliated with the Revolutionary Guards have been awarded more than 750 government contracts in construction and oil and gas projects, Iranian press reports document.
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POPSPalm Oil Attacked Whilst One Billion People Go Hungry World hunger is expected to reach a historic high in 2009 with 1.02 billion people going hungry every day, according to a new report published by the UN food agency FAO recently. The most recent increase in hunger is caused by the world economic crisis that has resulted in lower incomes and increased unemployment.
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POPSThe Food Crisis Will Be Back More than 1 billion people, or every one in six, are starving, according to a report issued by the U.N. Food and Agricultural Organization (FAO) on June 19. The number of the hungry increased worldwide by about 100 million in 2008 alone, a hike of 11 percent. "The silent hunger crisis...poses a serious risk for world peace and security," said FAO Director General Jacques Diouf. http://news.xinhuanet.com/english/2009-07/07/content_11668272.htm Global warming, top soil degradation, and water mis-appropriation can all be linked to the decreases in production that in turn lead to food inflation. One Stanford study stated that rice and corn harvest has decreased 20-40% as global temperatures continue to rise. Lester Brown states that for every degree C the earth warms above normal, production yields decrease by 10%. http://www.examiner.com/x-9508-Honolulu-Environmental-News-Examiner~y2009m7d7-Environmental-factors-to-blame-for-rising-food-crisis
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