Oneirataxic omphaloskepsis...

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Ooh, I do love easy to understand 'science', especially with even easier pictures to look at; 2% of the entire atmosphere are greenhouse gases; 4% of that 2% is CO2 and just 3.4% of that 4% is caused by human activity. Can this be shown in every school to reverse the climate drowning dog exploding child [yes, really!] brainwashing?



Please read yet another excellent WOWT guest post, plus all the comments if you dare; suffice to say that surely by now most sane climate alarmists and consensusites should be at least shuffling their feet and navel gazing.




omphaloskepsis

n. - contemplation of the navel for the purpose of obtaining philosophic calm [LL]

oneirataxia

n. - inability to distinguish between fantasy and reality

Oneirataxic omphaloskepsis...

---

Ooh, I do love easy to understand 'science', especially with even easier pictures to look at; 2% of the entire atmosphere are greenhouse gases; 4% of that 2% is CO2 and just 3.4% of that 4% is caused by human activity. Can this be shown in every school to reverse the climate drowning dog exploding child [yes, really!] brainwashing?

Please read yet another excellent WOWT guest post, plus all the comments if you dare; suffice to say that surely by now most sane climate alarmists and consensusites should be at least shuffling their feet and navel gazing.

omphaloskepsis
n. - contemplation of the navel for the purpose of obtaining philosophic calm [LL]
oneirataxia
n. - inability to distinguish between fantasy and reality

Omnipotent oil...

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Courtesy of: Visual Capitalist

Oil production and oil usage is increasing [*] Click to enlarge or better still go HERE for the original or for an even bigger version go HERE. Points to note are that 87% of global energy sources are still fossil fuels and that "renewable sources contribute just 2.7%". Things aren't changing much and remembering the overblown outlook may even seem to be in reverse although based on the compound annual growth rates shown in the graphic [*] "it does seem that we are making progress in tapering the growth of production. Human population and the economy are growing at rates higher than 1.13%, so that means oil is giving up ground to other energy sources."

I would like to point out that the figures are debatable because I thought Venezuela now had the highest proven reserves (and you'd think OPEC would know about their own members) and that worldwide Canada were 3rd. See HERE and HERE; the second (Wiki) link provides the probable reason: "Different sources... ...give different figures, and there are different types of oil, ranging from cheap and easy to recover oils to shale oil or oil sands, which are more expensive and difficult to recover."

Omnipotent oil...

---

Courtesy of: Visual Capitalist

Oil production and oil usage is increasing [*] Click to enlarge or better still go HERE for the original or for an even bigger version go HERE. Points to note are that 87% of global energy sources are still fossil fuels and that "renewable sources contribute just 2.7%". Things aren't changing much and remembering the overblown outlook may even seem to be in reverse although based on the compound annual growth rates shown in the graphic [*] "it does seem that we are making progress in tapering the growth of production. Human population and the economy are growing at rates higher than 1.13%, so that means oil is giving up ground to other energy sources."

I would like to point out that the figures are debatable because I thought Venezuela now had the highest proven reserves (and you'd think OPEC would know about their own members) and that worldwide Canada were 3rd. See HERE and HERE; the second (Wiki) link provides the probable reason: "Different sources... ...give different figures, and there are different types of oil, ranging from cheap and easy to recover oils to shale oil or oil sands, which are more expensive and difficult to recover."

Outrecuidance over overweening octroi...

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OK, a sanction isn't really an octroi but who cares. Zerohedge on the news that on Friday (if a leaked FT report is correct, and it seems to be) that the EU Europe's has upped the ante and may be crossing the Rubicon in its sanctions strategy by targeting the main Russian energy exporters. A glance at the image (left, click to enlarge) will make the craziness of this move glaringly obvious. "If today's news is confirmed, Europe's dramatic shift in sanctions strategy means that Europe's embargo of both the US Dollar and the Euro will accelerate as Russia further intensifies its shift away from both the west and the petrodollar. The only and clear winner here: China..."




Interestingly the UK isn't as secure as it looks from the image above although I will give a hypothetical prize to anyone who can guess correctly the country 2nd on the list of where we import most of our coal from...[answer in red]

Outrecuidance over overweening octroi...

---

OK, a sanction isn't really an octroi but who cares. Zerohedge on the news that on Friday (if a leaked FT report is correct, and it seems to be) that the EU Europe's has upped the ante and may be crossing the Rubicon in its sanctions strategy by targeting the main Russian energy exporters. A glance at the image (left, click to enlarge) will make the craziness of this move glaringly obvious. "If today's news is confirmed, Europe's dramatic shift in sanctions strategy means that Europe's embargo of both the US Dollar and the Euro will accelerate as Russia further intensifies its shift away from both the west and the petrodollar. The only and clear winner here: China..."

Interestingly the UK isn't as secure as it looks from the image above although I will give a hypothetical prize to anyone who can guess correctly the country 2nd on the list of where we import most of our coal from...[answer in red]

Oily offence...

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And I don't mean rude wops or spics. Oh, hang on...Illegal, deceptive, pathetic, erroneous and lamentable...just some of the adjectives used to describe Cristina the clown's nationalisation of YPF, (playing to the crowd) bascially taking 51% of the total shares from the 57% -58% previously owned by Repsol** (according to La Razon' video: 'La Comunidad Internacional da la espalda a Kirchner'). They also reported that Repsol's president accused the Government of Argentina of having carried out a campaign of harassment, coercion and planned leaks to cause the collapse of the share price of YPF to facilitate their expropriation at bargain prices. Spain's Foreign Minister said "Argentina se ha dado un tiro en el pie" [Español] "Argentina has shot itself in the foot" [English]. Of course we know the real reason...

"President Fernandez has staged a coup de theatre which covered up, as far as possible, her failure at the Summit of the Organization of American States, held last week in Cartagena de Indias, Colombia. Cristina failed in all her objectives: she did not even get support over the Falklands..."

** From Repsol: Vaca Muerta (Shale Gas reserves): The cause of the Pillage? Repsol considers the announcement:
• Unlawful
• Discriminatory
• Does not justify the public interest pursued
• Obligations assumed at the time of privatization of YPF by the Argentinean state
have been breached
• Violates the international investment community confidence.
• Consequently, Repsol will take all legal measures to preserve the value of its assets
and interests of all shareholders.
[from Full pdf on Energy Situation in Argentina]

Oily offence...

---

And I don't mean rude wops or spics. Oh, hang on...Illegal, deceptive, pathetic, erroneous and lamentable...just some of the adjectives used to describe Cristina the clown's nationalisation of YPF, (playing to the crowd) bascially taking 51% of the total shares from the 57% -58% previously owned by Repsol** (according to La Razon' video: 'La Comunidad Internacional da la espalda a Kirchner'). They also reported that Repsol's president accused the Government of Argentina of having carried out a campaign of harassment, coercion and planned leaks to cause the collapse of the share price of YPF to facilitate their expropriation at bargain prices. Spain's Foreign Minister said "Argentina se ha dado un tiro en el pie" [Español] "Argentina has shot itself in the foot" [English]. Of course we know the real reason...

"President Fernandez has staged a coup de theatre which covered up, as far as possible, her failure at the Summit of the Organization of American States, held last week in Cartagena de Indias, Colombia. Cristina failed in all her objectives: she did not even get support over the Falklands..."

** From Repsol: Vaca Muerta (Shale Gas reserves): The cause of the Pillage? Repsol considers the announcement: • Unlawful • Discriminatory • Does not justify the public interest pursued • Obligations assumed at the time of privatization of YPF by the Argentinean state have been breached • Violates the international investment community confidence. • Consequently, Repsol will take all legal measures to preserve the value of its assets and interests of all shareholders. [from Full pdf on Energy Situation in Argentina]