Monday, June 6, 2011

STUFF

US ordered shutdown of 1-yr-old Keystone pipeline that carries Canada's tar sands oil to the US after a series of spills. TransCanada the same company that wants to build pipe to Gulf of Mexico refineries.

Japan doubled their estimate of Fuku radiation release.

Plans for EV plants in 3 US states stalled.

Protests against Kuwaiti govt for 3rd straight Friday last Friday. And the Sauds and the Iranians face off in Bahrain, um, continues.

Drought in central China being said worst in 60 years. 100 in Hunan. Inadequate drinking water, water traffic suspended in several provinces. Reservoirs too low for irrigation. Chinese planners admitted last week that they failed to see the impact of 3 Gorges on lakes, rivers downstream. But 84Bkwh produced by the dam last year.

Iran needs $150B invested in E infra or oil production may fall to 2.7mb/d in 5 yrs.

Egypt says it won't resume NG to Israel, Jordan or Lebanon until it's sure it can secure the pipeline that's been blown up what, twice already? The Bedouins want a share of the revs.

In early '08, Libya's soveriegn wealth fund gave Goldman ~$1.3B to invest in currencies and such. Goldman lost 98% of it, but offered Libya a chance to become a large stockholder. To date nothing done on the loss, so goes the report. How about novels on world transactions? And reactions. And is the truth stranger than fiction? What's strange? Wow, waxing pedantical philosophy now huh?

Falling river levels in north and east Europe could force shutdown of nuke plants that need cooling water.

Brazil gave go ahead to build world's 3rd largest dam on the Xingu in the Amazon for 11GW, 11% of country's el need.

And in N. Carolina we have a state representative who wants to felonize theft of >$1K worth of kitchen grease.

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