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Ending Oil Addiction


TEST YOUR KNOWLEDGE: TRUE or FALSE?
• Adding nuclear power plants, wind and solar power will make us oil independent.
• Burning coal is the #1 contributor to greenhouse gas emissions in the US.
• Drilling more will make us oil independent.
• Biofuels such as ethanol cause hunger in Africa.
• Our trade deficit with China overshadows the cost of oil imports.
• Foreclosure is the largest drain on the economy.

If you answered “yes” to any of these questions, than you need to learn the truth about oil.

Eyal Aronoff, an Israeli American, is the co-founder of Quest Software. In the last few years, Eyal has been a behind the scene operator in the effort to wean the world economy off its addiction to oil. Oil addiction is really, really, bad for all of us, and it empowers regimes that support Israel’s enemies while weakening America’s economy and its stature in the world. You can read more on SetAmericaFree.com

When we fill up our cars, most of us have a cognitive dissonance, ignoring the fact that petro-dollars are financing Radical Islam, anti-Zionism and anti-Americanism.

Eyal is one of the brightest people I have met. After sitting with Eyal, David Abitbol, and Josh Kaplan a few months back, we knew that his presentation needed to be in front of the Jewish world. We had a perfect venue to start with — in New Orleans at the Jewish Federations of North America’s Annual General Assembly. As Jewlicious had been asked to produce some programs, we realized right away that Eyal is Jewlicious, and his important message would make a great discussion amond Jewish leaders.

Eyal tells the story of how bad our addiction is with a dry wit, and methodical and original thinking. He explains that the world’s richest man, and Forbes #3 most powerful person, is the King of Saudi Arabia. Much of his wealth comes from the countries which are governed by the world’s #1 and #2 most powerful – the President of China and the USA — the largest consumers of oil in the world.

How much wealth is there in Saudi Arabia? Sauid oil reserves alone are estimated to be worth 22 trillion dollars. What can you buy for 22 trillion?
— Market cap of all us companies traded publicly is only 12 trillion
— Every home in USA and have 5 trillion left to spend
— JFNA is the second largest charity, raising 800 million a year. They used to raise a billion.
— 22 Trillion is enough to fund the JFNA budget for 27,000 years.

The value of the oil of all the Arab countries is approximately 60 trillion. For 60 trillion you could buy every public company in the world at current prices. Since they have so much money, we cannot outspend them. We cannot outspend them in the fight against terrorism, delegitimizing Israel, protecting democracy, or anything else. Our only hope to curb the power and influence of the oil wealthy regimes is to reduce and then curb the world’s dependence on OPEC oil.

Why not just run on leftover grease or ethanol? It turns out the the American car industry has helped craft laws and regulations that retain the status quo, favor cars that use gasoline to drive, and disallow many cars that are run on alt fuels such as ethanol and methanol exclusively.

At almost every turn of his presentation we discover that long held truths are really propaganda propped up by the Gas and Car companies. According to Aranoff, gasoline consumption is the single worst thing that we do to harm the economy and environment. Oil – not coal – is the largest producer of greenhouse gasses and urban pollution. If we are going to cut greenhouse gasses and pollution, should we not start with largest pollutant first?

His has a 10 point plan to take the US beyond oil within a decade. This transition away from oil will free $4 trillion dollar that our economy could use to rebuild growth and reduce the deficit while at the same time delivering a deadly knockout to the corrupt oil cartel and its para-militant cronies. Read below.
Read more

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Saving Park Adullam

What happened to Israel Leading the world in alternative energy?

Park Adullam

Bicyclists and hikers love to travel through Adullam National Park near Beit Shemesh, where David hid in the Cave of Adullam. But that scenery may be forever changed by oil-shale extraction.

In December 2009, Israel Energy Initiatives Ltd (IEI ) – a subsidiary of the American-based IDT Corporation – began an exploratory dig in the park, in preparation for implementing a new system for heating the underground shale to 650 degrees Fahrenheit, forcing the oil out of the shale rock and into pipes for further processing. It takes about 4 years.

This recent energy exploration in the Park Abdullam region has created a grassroots movement to save the antiquities park called The Committee to Save Adullam – a group of some 15 families many of whom hail from English-speaking countries.

According to the Committee, the Park Adullam region was the heart of Jewish civilization in Judea in the first centuries CE. Beautiful and valuable two-millennia-old antiquities fill the park, most buried safely underground.

Oil Shale exploration near Aderet.

They argue that: “If the extraction proceeds as plans, the underground heat and oil extraction risk destruction of the landscape, the antiquities, the wildlife, the air, and the ground-water.” The extraction process has never been profitable. “Even if new technique crosses the profitability threshold, local farmers who work the land will be entitled to no compensation and local tourism operators will suffer.”

The recent award-winning documentary movie GASLAND tells the story of the environmental destruction across the USA caused by natural gas extraction. Contrary to the image set by the energy industry, getting hydrocarbons out of shale is anything but clean.

According to an article in Haaretz, the Committee has taken their complaints to the Knesset and to Michael Steinhardt, who became Chairman of The Board of IEI this year:

Last month, the Save Adullam group sent Steinhardt a letter expressing their concerns about the oil development project, which uses a little-tested shale oil extraction technique. The process uses sustained heating of the ground at a depth of 1,500 meters to convert Kerogen – an organic chemical compound mix found in some rocks – into crude oil….

Steinhardt wrote back to the Adullam committee, requesting that its members no longer contact him directly but rather address all future concerns to IEI, a committee member told Anglo File [Ha’aretz]. In the letter, he also wrote: “If successful this industry will provide prosperity to Israel and your region,” and that “as long as Israel is dependent on foreign sources of energy we will never be truly secure.

The Committee has started an online petition, and the Jerusalem Report recently published a major article about the issue which gives voice to those for and against the project.

The irony of this controversy about oil-shale exploration is that Israel wants to build support in America by portraying Israel in a “green” light. However larger economic forces are pushing Israel into “ungreen” territory, such as risky alternative methods of hydrocarbon extraction. The argument that Israel needs this oil to be independent of oil imports is shortsighted. Even if these methods work— and there is every reason to not believe the hype— unless Israel makes a concerted effort to tap into alternative energy sources, Israel’s nascent oil industry will bever be able to keep up with Israeli’s increased appetite for oil.

Why is the price of oil falling?

Ramblings about oil, elections, and the economy – Part One

Demand in the US is down. Speculators make their money. Hedge funds that put billions into the sector, are running. And other ideas are being sloshed around.  i.e. Having made more money than any companies in history, American Oil companies can now bank it, and get an oil friendly replacement for the current oil friendly Chief.

Oil has a way of falling before an election.  Gasoline prices have fallen before federal elections almost every year since 1990,and almost always this has been attributed to supply and demand.

In 2006, oil fell $.85 from August to November before the elections, with oil futures on the New York Mercantile Exchange closing at $57.88 a barrel, down sharply from the record high of that year of $78.40 on July 14.

Today the price of oil started at $118, having almost hit 150 a barrel not a month ago.  Experts say that the weakening American economy means that America needs less oil.

Whatever the reasons, the oil and stock cycle in the months leading up to elections is a discussion that cannot be avoided.  Back in September, 2000, the NY Times wrote:

This will be the 26th presidential election since Charles H. Dow put his industrial average together in 1897. So far, its record as an election prognosticator is 22-3 — not perfect, but at least as good as the average pollster.

The indicator says that if the Dow rises from the end of July through the end of October — the three months when investors are most attuned to the political season — the incumbent party will win the election. If the Dow falls, however, the incumbents will be thrown out. Perhaps a rising stock market reflects contented voters.

If the current oil slide continues, propping up the Dow and the markets, it would put a John in the White House, according to the Dow factor.

Meanwhile, consumption of oil worldwide continues to rise at steady rates. China, India, and the developing world are chugging oil.  OPEC says that demand is up, however less than it was – in other words the world needs more and more oil everyday, but less that they thought it would need.

Domestically, the pressure to extract more oil from off-shore and on-shore drilling is great.  The campaign trail is being paved with arguments about energy policies, and who-can-drill-where arguments.  Not that more oil wells will lower the price of oil on a huge scale, or help our economy.   But it sounds good, as if every American’s patriotic duty is to drill for oil in their backyard to help America become “energy independent” or whatever that means.

Americans are changing their habits quickly to adjust to the $4 a gallon world, and that is good ultimately for America. Alternate energy sources and means of transportation are everywhere, and more Americans are using mass-transit than ever before.  But will falling oil prices convince Americans that the crisis is over, and that they can go back to driving Hummers, Yukons and Ecalades, and put a John in the White House?  Will falling oil prices kill Israeli electric car projects in Israel and in California?  Too early to predict the future, I say.