Jrbarnes's Comments Jrbarnes's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/89464/comments Peak Oil: Caused by Geology, Politics or Infrastructure Issues? http://seekingalpha.com/article/173000-peak-oil-caused-by-geology-politics-or-infrastructure-issues?source=feed#comment-758744 758744 Fri, 13 Nov 2009 11:25:16 -0500 Don't Believe Long-Term Oil Forecasts http://seekingalpha.com/article/172107-don-t-believe-long-term-oil-forecasts?source=feed#comment-753016 753016 Mon, 09 Nov 2009 17:45:34 -0500 Nintendo: The Wii Bubble Has Burst http://seekingalpha.com/article/170383-nintendo-the-wii-bubble-has-burst?source=feed#comment-742514 742514 Tue, 03 Nov 2009 12:05:34 -0500 Will Goldman Sachs 'Trade Places' with the Hunt Brothers? http://seekingalpha.com/article/168243-will-goldman-sachs-trade-places-with-the-hunt-brothers?source=feed#comment-727120 727120 Fri, 23 Oct 2009 11:43:14 -0400 Information Is Stimulus http://seekingalpha.com/article/166097-information-is-stimulus?source=feed#comment-714032 714032 Tue, 13 Oct 2009 13:03:07 -0400 Will New Finds Mean the End of Peak Oil? http://seekingalpha.com/article/164335-will-new-finds-mean-the-end-of-peak-oil?source=feed#comment-700351 700351 Fri, 02 Oct 2009 13:09:20 -0400 BP Strikes Black Gold: A Boon for Energy ETFs? http://seekingalpha.com/article/160418-bp-strikes-black-gold-a-boon-for-energy-etfs?source=feed#comment-666919 666919 Tue, 08 Sep 2009 14:34:57 -0400 Why It's Crucial to Reduce Leverage in Oil http://seekingalpha.com/article/150005-why-it-s-crucial-to-reduce-leverage-in-oil?source=feed#comment-596523 596523 Tue, 21 Jul 2009 11:01:51 -0400 Cap-and-Trade Plan: Climate Change Reactions http://seekingalpha.com/article/145752-cap-and-trade-plan-climate-change-reactions?source=feed#comment-566118 566118 Summarized below are some red flags about Global Warming that you will not find in any politicized “scientific” discussion, especially the UN’s Intergovernmental Panel on Climate Change (“IPCC”) 2001 Study widely quoted in the press and the basis for Al Gore’s movie An Inconvenient Truth. Environmental extremists no longer refer to “global warming” but increasingly to “climate change” - I suspect because the whole global warming argument does not stand up to scientific scrutiny. The earth’s climate has always been changing and will continue to do so. The cause of these changes however has never been proven to be “anthropogenic” – caused by humans.



The 2001 IPCC Study ignored two well-documented scientific climate periods:

The Medieval Warm Period when earth’s temperatures were well above todays and when only farm animals were emitting CO2. In 1991 it was included in IPCC’s published reports as accepted scientific fact, but eliminated in their 2001 report without explanation! The 2001 report demonstrated a hockey stick warming graph since 1900 through today to support their desired global warming crusade.
The Little Ice Age from 1400-1800…another well-documented and scientifically accepted fact. Since 1900, the earth has been warming up – a normal climatic fluctuation that is not caused by man’s industrialization of the planet. The planet has warmed 1o F over the last century, but most of that occurred prior to 1940, while 82% of anthropogenic CO2 entered the atmosphere after that date.






Despite the documented fact that the earth has actually cooled at a rate of 3.5 oF / century over the last seven years, the IPCC models forecast a 3.9 oF / century warming to 2100. The recent global cooling is confirmed by satellite data and is not disputed by any credible scientific body – but despite that, the IPCC computer models ignore the recent and long term historical data to conclude the earth is about to undergo an unprecedented warming period!









There are a number of other instances of inconsistencies, data manipulation, and outright fabrications included in the IPCC 2001 Study. A complete analysis was presented to the US Congress by Lord Monckton, the former Science Advisor to the UK Prime Minister, Margaret Thatcher (scienceandpublicpolicy...). This is the same individual who Al Gore refuses to debate, and the Democratic Energy and Commerce Committee Members refused to allow to testify opposite Gore in March 2009. What does Lord Monckton know that Al Gore and our Democratic representatives not want the American public to know?



The effects of CO2 on the earth’s climate are vastly exaggerated.

The concentration of CO2 in the atmosphere is 0.035% and it is a very weak greenhouse gas. Water vapor is the most important greenhouse gas, accounting for 97-98% of the greenhouse gas effect. (Bet you didn’t know that – since governments can’t control water vapor, it is a fact you’re not likely to read in the press!) Water vapor (clouds) is principally ruled by the sun, which may be one reason why NASA has recently declared that the sun is most directly responsible for global warming (go figure!).
In the Paleozoic Era of prehistoric times, CO2 levels were 12 times higher than present. For those of you who don’t comprehend geologic-speak, you know this era as the Ice Age. So much for CO2‘s catastrophic warming effect on the earth!
Scientific evidence from ice cores in the Antarctic demonstrate over the millennium that increases in CO2 concentrations follow temperature increase – not the other way around.
Anthropogenic CO2 is an insignificant contributor to the earth’s climate.

Combining water vapor and nature’s production of CO2, 99.9% of greenhouse gas effect has nothing to do with human activity. Anthropogenic emissions of CO2 account for only 1% of the atmospheric reservoir of CO2. How can altering man’s miniscule 1% contribution to atmospheric CO2 levels over the last century have any discernible impact on the global processes of nature that have influenced earth’s climate for millions of years?
Termites, farm animals, volcanoes, and dissolved CO2 in the oceans emit much larger amounts of CO2 than mankind. In well-documented warming periods in 1860-1880 and 1910-1940, which occurred before any possible effect from mankind - is proof that there is absolutely no correlation between human activity, CO2 emissions, and global temperature.
There are a number of other fallacies propagandized by environmental extremists:

· Melting Glaciers – a number of well-documented glacier records indicate glaciers have been receding since 1750 and accelerated after 1820 (almost 100 years before the Model T). This is a natural phenomenon not related to human activity. Glaciers are still much larger than they were in the Medieval Warm Period.

· Polar Ice Melting – The West Antarctic Ice Sheet lost two-thirds of its ice mass since the last ice age but is now growing at more than 26 billion tons a year. How do you explain those well-publicized pictures of huge ice chunks breaking off and falling into the ocean? The natural process as the ice thickens inland, it pushes ice to the perimeter to the lower elevation where it breaks off. According to British meteorological stations in Antarctica, the continent is getting colder, not warmer. The Greenland ice mass has thickened by seven feet since it was first measured by laser altimetry in 1980, and continues to grow.

· Rising Sea Levels – Ocean levels have risen 400 feet over the last 18,000 years, a natural process that will continue without any influence from mankind. Current documented sea rise is 8-12 inches / century, much less than the mean centennial rise of 4 feet. The IPCC estimates 17-24 inch rise to 2100, slightly less than the 20 foot rise Al Gore prophesized in his film.

· Polar Bear Extinction – (related to polar ice) There are four times as many polar bears now than there were in the 1940’s….enough said.

· Increasing Hurricanes and Typhoons – According to the Accumulated Cyclone Energy Index published by Florida State University, the Index is at it’s lowest in 33 years. While Hurricane Katrina was a major tragedy for New Orleans, the destruction from that Category 3 storm was principally due to the failure of man-made levees.



Why is there so much emphasis on CO2 when the human contribution of it is trivial and water vapor is so much more important in greenhouse effect? The simple answer is that governments can control only people, not nature. For millions of years, the sun and the clouds have been principally responsible for climate change. There is no indisputable scientific evidence anything mankind does can influence climate change. Governments cannot control the sun or the clouds, so they must find a cause that can be blamed on people. If people have no impact on climate change, there is no justification for all of the scientific grants and studies to validate government intervention. The environmental extremists will go to any lengths to prove mankind’s relevance on climate change, otherwise they have no seat at government’s trough.



There is no need for government to regulate and tax CO2 emissions, and to invade every aspect of American lives. The environmental extremists have manufactured a climate change crisis, based on fraudulent and manipulated scientific data, that has empowered liberal congressmen with a huge, new source of potential tax revenue they can redistribute to fund their liberal agenda. It’s not about climate change, it’s about tax revenue.



The US Weather Service cannot accurately predict weather more than about a week in advance…why would we dramatically change our entire economy and our way of life based on climate models forecasting 40, 50, or 100 years in the future?
]]>
Sun, 28 Jun 2009 17:08:30 -0400 Summarized below are some red flags about Global Warming that you will not find in any politicized “scientific” discussion, especially the UN’s Intergovernmental Panel on Climate Change (“IPCC”) 2001 Study widely quoted in the press and the basis for Al Gore’s movie An Inconvenient Truth. Environmental extremists no longer refer to “global warming” but increasingly to “climate change” - I suspect because the whole global warming argument does not stand up to scientific scrutiny. The earth’s climate has always been changing and will continue to do so. The cause of these changes however has never been proven to be “anthropogenic” – caused by humans.



The 2001 IPCC Study ignored two well-documented scientific climate periods:

The Medieval Warm Period when earth’s temperatures were well above todays and when only farm animals were emitting CO2. In 1991 it was included in IPCC’s published reports as accepted scientific fact, but eliminated in their 2001 report without explanation! The 2001 report demonstrated a hockey stick warming graph since 1900 through today to support their desired global warming crusade.
The Little Ice Age from 1400-1800…another well-documented and scientifically accepted fact. Since 1900, the earth has been warming up – a normal climatic fluctuation that is not caused by man’s industrialization of the planet. The planet has warmed 1o F over the last century, but most of that occurred prior to 1940, while 82% of anthropogenic CO2 entered the atmosphere after that date.






Despite the documented fact that the earth has actually cooled at a rate of 3.5 oF / century over the last seven years, the IPCC models forecast a 3.9 oF / century warming to 2100. The recent global cooling is confirmed by satellite data and is not disputed by any credible scientific body – but despite that, the IPCC computer models ignore the recent and long term historical data to conclude the earth is about to undergo an unprecedented warming period!









There are a number of other instances of inconsistencies, data manipulation, and outright fabrications included in the IPCC 2001 Study. A complete analysis was presented to the US Congress by Lord Monckton, the former Science Advisor to the UK Prime Minister, Margaret Thatcher (scienceandpublicpolicy...). This is the same individual who Al Gore refuses to debate, and the Democratic Energy and Commerce Committee Members refused to allow to testify opposite Gore in March 2009. What does Lord Monckton know that Al Gore and our Democratic representatives not want the American public to know?



The effects of CO2 on the earth’s climate are vastly exaggerated.

The concentration of CO2 in the atmosphere is 0.035% and it is a very weak greenhouse gas. Water vapor is the most important greenhouse gas, accounting for 97-98% of the greenhouse gas effect. (Bet you didn’t know that – since governments can’t control water vapor, it is a fact you’re not likely to read in the press!) Water vapor (clouds) is principally ruled by the sun, which may be one reason why NASA has recently declared that the sun is most directly responsible for global warming (go figure!).
In the Paleozoic Era of prehistoric times, CO2 levels were 12 times higher than present. For those of you who don’t comprehend geologic-speak, you know this era as the Ice Age. So much for CO2‘s catastrophic warming effect on the earth!
Scientific evidence from ice cores in the Antarctic demonstrate over the millennium that increases in CO2 concentrations follow temperature increase – not the other way around.
Anthropogenic CO2 is an insignificant contributor to the earth’s climate.

Combining water vapor and nature’s production of CO2, 99.9% of greenhouse gas effect has nothing to do with human activity. Anthropogenic emissions of CO2 account for only 1% of the atmospheric reservoir of CO2. How can altering man’s miniscule 1% contribution to atmospheric CO2 levels over the last century have any discernible impact on the global processes of nature that have influenced earth’s climate for millions of years?
Termites, farm animals, volcanoes, and dissolved CO2 in the oceans emit much larger amounts of CO2 than mankind. In well-documented warming periods in 1860-1880 and 1910-1940, which occurred before any possible effect from mankind - is proof that there is absolutely no correlation between human activity, CO2 emissions, and global temperature.
There are a number of other fallacies propagandized by environmental extremists:

· Melting Glaciers – a number of well-documented glacier records indicate glaciers have been receding since 1750 and accelerated after 1820 (almost 100 years before the Model T). This is a natural phenomenon not related to human activity. Glaciers are still much larger than they were in the Medieval Warm Period.

· Polar Ice Melting – The West Antarctic Ice Sheet lost two-thirds of its ice mass since the last ice age but is now growing at more than 26 billion tons a year. How do you explain those well-publicized pictures of huge ice chunks breaking off and falling into the ocean? The natural process as the ice thickens inland, it pushes ice to the perimeter to the lower elevation where it breaks off. According to British meteorological stations in Antarctica, the continent is getting colder, not warmer. The Greenland ice mass has thickened by seven feet since it was first measured by laser altimetry in 1980, and continues to grow.

· Rising Sea Levels – Ocean levels have risen 400 feet over the last 18,000 years, a natural process that will continue without any influence from mankind. Current documented sea rise is 8-12 inches / century, much less than the mean centennial rise of 4 feet. The IPCC estimates 17-24 inch rise to 2100, slightly less than the 20 foot rise Al Gore prophesized in his film.

· Polar Bear Extinction – (related to polar ice) There are four times as many polar bears now than there were in the 1940’s….enough said.

· Increasing Hurricanes and Typhoons – According to the Accumulated Cyclone Energy Index published by Florida State University, the Index is at it’s lowest in 33 years. While Hurricane Katrina was a major tragedy for New Orleans, the destruction from that Category 3 storm was principally due to the failure of man-made levees.



Why is there so much emphasis on CO2 when the human contribution of it is trivial and water vapor is so much more important in greenhouse effect? The simple answer is that governments can control only people, not nature. For millions of years, the sun and the clouds have been principally responsible for climate change. There is no indisputable scientific evidence anything mankind does can influence climate change. Governments cannot control the sun or the clouds, so they must find a cause that can be blamed on people. If people have no impact on climate change, there is no justification for all of the scientific grants and studies to validate government intervention. The environmental extremists will go to any lengths to prove mankind’s relevance on climate change, otherwise they have no seat at government’s trough.



There is no need for government to regulate and tax CO2 emissions, and to invade every aspect of American lives. The environmental extremists have manufactured a climate change crisis, based on fraudulent and manipulated scientific data, that has empowered liberal congressmen with a huge, new source of potential tax revenue they can redistribute to fund their liberal agenda. It’s not about climate change, it’s about tax revenue.



The US Weather Service cannot accurately predict weather more than about a week in advance…why would we dramatically change our entire economy and our way of life based on climate models forecasting 40, 50, or 100 years in the future?
]]>
Oil and Gas Prices Should Fall, For Now http://seekingalpha.com/article/137977-oil-and-gas-prices-should-fall-for-now?source=feed#comment-508685 508685 Mon, 18 May 2009 15:46:04 -0400 Bush:Oil:Obama:Wall Street? http://seekingalpha.com/article/130635-bush-oil-obama-wall-street?source=feed#comment-461698 461698
A new study of the subsidy program implemented by Spain (which Obama cites as a good model) reveals that every new job created by the Spanish government in the alternative energy area destroyed an average of 2.2 other jobs. The study – prepared under the direction of Dr. Gabriel Calzada, an economics professor at Juan Carlos University in Madrid – discovered that only one in 10 jobs created by the program in Spain were of a permanent nature (operations, maintenance, etc.), and two-thirds consisted of temporary jobs in construction, fabrication and installation. Spain has spent about $774,000 to create each “green job” since 2000, including subsidies of more than $1.3 million per wind industry job. However, about 113,000 other jobs elsewhere in the Spanish economy were destroyed because of the subsidies, or 2.2 jobs destroyed for every “green job” created.]]>
Mon, 13 Apr 2009 13:26:25 -0400
A new study of the subsidy program implemented by Spain (which Obama cites as a good model) reveals that every new job created by the Spanish government in the alternative energy area destroyed an average of 2.2 other jobs. The study – prepared under the direction of Dr. Gabriel Calzada, an economics professor at Juan Carlos University in Madrid – discovered that only one in 10 jobs created by the program in Spain were of a permanent nature (operations, maintenance, etc.), and two-thirds consisted of temporary jobs in construction, fabrication and installation. Spain has spent about $774,000 to create each “green job” since 2000, including subsidies of more than $1.3 million per wind industry job. However, about 113,000 other jobs elsewhere in the Spanish economy were destroyed because of the subsidies, or 2.2 jobs destroyed for every “green job” created.]]>
'Regime Uncertainty' Further Delays Economic Growth http://seekingalpha.com/article/129264-regime-uncertainty-further-delays-economic-growth?source=feed#comment-451285 451285 Fri, 03 Apr 2009 17:23:44 -0400 Energy Secretary Chu's Wish List: Cap-and-Trade and Cheaper Solar http://seekingalpha.com/article/124414-energy-secretary-chu-s-wish-list-cap-and-trade-and-cheaper-solar?source=feed#comment-416518 416518 Fri, 06 Mar 2009 16:22:05 -0500 Carbon Capping Debate - Will Results Favor Wall St.? http://seekingalpha.com/article/120853-carbon-capping-debate-will-results-favor-wall-st?source=feed#comment-392443 392443 Tue, 17 Feb 2009 15:26:46 -0500 Have We Turned All Economic Authority Over to Highly-Principled Accountants? http://seekingalpha.com/article/115116-have-we-turned-all-economic-authority-over-to-highly-principled-accountants?source=feed#comment-357599 357599 Fri, 16 Jan 2009 10:49:50 -0500 The Carbon Tax Debate: About To Heat Up with Obama as Prez http://seekingalpha.com/article/110094-the-carbon-tax-debate-about-to-heat-up-with-obama-as-prez?source=feed#comment-326341 326341 Thu, 11 Dec 2008 10:50:08 -0500 The Pelosi Factor - Cramer's Mad Money (8/25/08) http://seekingalpha.com/article/92598-the-pelosi-factor-cramer-s-mad-money-8-25-08?source=feed#comment-239496 239496 Tue, 26 Aug 2008 15:02:43 -0400 Natural Gas: Clean Fuel with a Dirty Little Secret http://seekingalpha.com/article/90882-natural-gas-clean-fuel-with-a-dirty-little-secret?source=feed#comment-230309 230309 Thu, 14 Aug 2008 12:16:29 -0400 Can Big Oil Balance Shareholder Interest Against National Interest? http://seekingalpha.com/article/84066-can-big-oil-balance-shareholder-interest-against-national-interest?source=feed#comment-200978 200978
Big oil has failed miserably when it has tried to work in areas outside of producing and refining oil and gas. They do not have the technical expertise or experience or mindset. Examples - Exxon in office automation, in which they invested over a billion dollars to diversify. Mobil in the packaging business. Both investments failures. The money invested in alternative energy needs to be made by folks with the expertise and orientation and passion for it. Use Big Oil for what it is good at - fiinding a producing large multibillion dollar oil projects, refineries and petrochemical plants.]]>
Tue, 08 Jul 2008 18:28:27 -0400
Big oil has failed miserably when it has tried to work in areas outside of producing and refining oil and gas. They do not have the technical expertise or experience or mindset. Examples - Exxon in office automation, in which they invested over a billion dollars to diversify. Mobil in the packaging business. Both investments failures. The money invested in alternative energy needs to be made by folks with the expertise and orientation and passion for it. Use Big Oil for what it is good at - fiinding a producing large multibillion dollar oil projects, refineries and petrochemical plants.]]>
Oil Prices and Political Energy http://seekingalpha.com/article/82127-oil-prices-and-political-energy?source=feed#comment-189756 189756 Sat, 21 Jun 2008 12:50:32 -0400 US Oil Companies Borrow A Page From OPEC's Playbook http://seekingalpha.com/article/38775-us-oil-companies-borrow-a-page-from-opec-s-playbook?source=feed#comment-89138 89138 Wed, 20 Jun 2007 08:05:03 -0400