SATURDAY

US farmland prices rose 20% in Q1.

USGS: E. African extension of Arabian oil geology contains up to 30B bls o oil. Let alone deepwater Gulf o Aden.

PNNL has developed nanostructures that make absorption AC systems (large industrial) 75% smaller while saving 50% of costs v. current tech. Less heat needed  to drive refrig cycle plus other efficiencies makes sun able to power AC. AC 16% of total residential el use.

US home loan delinquencies falling. But still 2X '95-'05 avg. 2M houses in foreclosure pipeline (90 days overdue). 2.2M already in foreclosed inventory. As many as 7M properties in bank resale or short sale market in coming months. 4M more could go foreclosure with 5% more price drop. Shiller is thinking fallback to 110-yr mean - another 5-10% price drop. And another 20M homes underwater. Zillow: 55% of Atlanta under. Phoenix 68%. Housing fell 80% in Japan. If anyone remembers.

>$4.6T (5%) of global econ depends on rare earth metals/minerals, which China controls . So now global econ is $92T?! When the hell did that happen? US at $14T then a lot less than the 1/4th or even 1/5th of world it used to be. The dollar will not be the world curency anymore kids. Your dads and moms blew it. Unless we're getting fed bogus numbers even from government. O no. Not from government. Belief in the United States of America itself is being challenged. But a lot of greed took over. If enough don't wake up it will be gone. If it's not too late. Makes you want to cry. As recently as '00 we had it right. Makes me cry. The '00 election stolen in FL by Bush's brother governor. The '04 election stolen in Ohio by the Sec of State of Ohio. O, water under the bridge. Yea. Let's take a look-see of where the hell we are.

OPEC meets this week. If you are OPEC what would you do? Raise production to give the world a break? Or tighten the screw to get higher prices?

Japan is boosting oil imports after Fuku. Russia raised oil export tariffs to 44%. Rolling blackouts in China. India paying billions to subsidize gasoline. Sudan rescue workers can't get food to refugees because there's no gas for the vehicles. Mongolian miners can't afford Russian oil. Kenya is rationing gas. Libya. Yemen. Venezuela production continues to fall. Mexico's? Germany going no nuke. Saudi internal oil demand increasing 10%/y. And it goes on and on.

Daimler and Linde announced plan to open 20 new hydrogen filling stations in next 3 yrs. Wow. 20?!

CCGI installed 7 EV charging stations in West Palm Beach.

NM's largest el comp is facing showdown with state regulators over how little clean E produced.

ORNL and industry partners (ECTY) to build 125 solar-assisted EV charging stations across TN by 2Q12. Will provide info on station performance, customer charging preferences, component reliability and impact on grid. TN gives $2,500 rebate to EV buyers after $7,500 fed tax credit.

Stuff.