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Posted on October 12 at 2:22 p.m.
So sorry you're having a difficult time understanding this Botany. Let me help.
It is the large magnitude of recent oil exports that have contributed to a large change in the trade deficit. Wells Fargo (and others) didn't say it was jelly beans. They said it was oil. That in turn has strengthened the dollar. Read the links I provided.
The main point again ... crude oil and refined oil products are being exported out of this country in increasing quantities ($200 Billion in the last 5 years). The EIA data clearly shows this.
Do not let opponents of Measure P tell you that risking the integrity of our ground water basins through non-conventional drilling is worth it just to allow them to sell to another country.
On The Naked Truth
Posted on October 12 at 2 p.m.
So sad. That must be the trestle just south of the Arroyo Hondo Preserve. I've been on the old abandoned section of Highway 101 that parallels the trestle. It's a popular spot for taking photos and photospheres.
Use your mouse to rotate the view:
On Train Hits and Kills One Pedestrian, Injures Two Others
Posted on October 12 at 1:17 p.m.
"Sixteen ships create as much pollution as all the cars in the world"
According to the UK's Guardian, which broke that story, that pollution is primarily because by law, those ships are allowed to burn the dirtiest fuels and are exempt from the pollution controls (e.g. stack scrubbers) that land-based power plants must use:
The regulating body (IMO - International Maritime Organisation) needs to clean up their act and get ship owners to use cleaner fuels and add anti-pollution devices.
Meanwhile, now that domestic production is up and crude oil export regulations are easing, US oil companies are exporting petroleum products (i.e. condensate crude, refined gasoline, jet fuel).
Do you think they care what kinds of ships are transporting their merchandise?
On Oil Is Here to Stay
Posted on October 12 at 12:47 p.m.
Unfortunately for you, Botany, I did do my research. You on the other hand only see what you want to see.
As stated in my original post, there are many reasons for the dollar's recent strength including large *increases* in oil exports. You cited one reason (monetary policy). BUT you erroneously assumed it was to the exclusion of all others. Or you were cherry picking data. Either way, your conclusion was incorrect.
Here one can see the dollar's recent strengthening (see the graph). Wells Fargo says one important factor has been the recent rise in oil exports:
"What has caused the U.S. dollar’s appreciation?
Balance of trade: When one country carries a trade surplus with another country, its currency tends to appreciate in value. Although the U.S. economy continues to run an overall trade deficit, the gap has been shrinking in recent months. One of the primary reasons for the diminishing trade deficit is the renaissance and growth of the U.S. energy industry. This shift in oil production is helping to improve the U.S. trade deficit."
So the point remains ... US oil exports have increased so much lately that they are having an effect on the strength of the dollar.
For proof of these rising oil exports, see this data provided by the US Energy Information Administration:
How much has the recent rise in oil exports affected the trade deficit? A lot. Botany thinks $5 Billion in 6-months is chump change. Economists disagree. In the last 5 years, the U.S. has exported $200 Billion worth of oil:
You can do a sanity check on that number using the EIA data as well.
So the take home points remain:
1. US Oil exports have been rising dramatically.2. Domestic oil demand has waned.3. Oil companies are looking for ways to export even more oil.
Measure P opponents are being dishonest with their ads when they imply the oil drilled here stays here.
Posted on October 12 at 12:33 a.m.
Anyone buy anything from Europe lately? The US Dollar is now incredibly strong against foreign currencies including the Euro. Why is this? Many reasons, but according to Wells Fargo economists, one reason is because US Oil *exports* have risen dramatically this year.
Crude oil exports (any type of crude can be exported to Canada, condensates were approved for general export this year) have recently spiked to almost 500,000 barrels a day:
And exports of Finished Petroleum Products (e.g. gasoline, jet fuel) have similarly tripled:
The oil companies, especially the independents like those in our area, are just itching to access foreign markets now that domestic demand has declined.
I am now laughing at all those No on P ads. They don't care about our groundwater. But they do care about accessing Monterey shale oil to sell to Asian and other foreign markets!
Posted on October 8 at 11:51 p.m.
This letter had some excellent clarification on acidification and vested rights.
Now we know Measure P doesn't apply to acidification when it is used for periodic maintenance of existing or future wells. But it does apply when acidification (in much larger amounts that can threaten groundwater basins) is used as part of the oil extraction process.
I had been wondering about that. Measure P is looking even better.
Posted on October 7 at 1:04 p.m.
@tex805 ... you misread my comments. Note the key word "also".
I actually know one of Nakamura's grad students and am well aware of the role of blue diodes for LED lighting (as described in the article as well).
On UCSB Professor Shuji Nakamura Wins Nobel
Posted on October 7 at 11:26 a.m.
Congrats to Dr. Nakamura and his grad students!
It's not as important an application as LED lighting, but blue laser diodes are also the reason blu-ray discs have higher storage capacity than other optical media.
Posted on October 3 at 9:32 a.m.
FLIR One's IR sensor is 80 x 60.Seek Thermal's IR sensor is 206 x 156.
So yes, Seek has 7X more IR pixels. To make up for its lower infrared resolution, FLIR had to add an additional 640 x 480 imaging sensor that can see in normal light. The IR and visible images are then combined to provide the image you see. This "blending" of two images is also done in FLIR's E4.
So FLIR One's design is more complicated. That may partly explain why FLIR One costs so much more.
Seek Thermal has the better product and can be used with both iPhone and Android.
On Heat Vision for Your Phone
Posted on September 28 at 1:31 p.m.
@14noscams ... that is an old opinion article from the controversial Bjorn Lomborg. His conclusions have subsequently been shown to be flawed. And the study that Lomborg based his findings on has been revised and now favors EVs even more.
On Climate Change in the Air