Category Archives: Fuels

November 6th 2012 Another Juneteenth ??

Is November 6, is a another Juneteenth? My dad wondered because he along me and my brother was very disappointed in President Barack Obama. The President has the US economy gone down hill.

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Historic Mississippi River Flooding Heads For Baton Rouge and New Orleans

The Mississippi River floods are near the end of the line Baton Rouge  and New Orleans and the Delta. Many cities and town have been flooded due to the this past winter snows and recent rains. Parts of Memphis and Tunica, MS have serious flooding. Up river The Army Corps of Engineers  blew up levees new Cairo, Ill  late last week. Now the Army Corp of Engineers will open the Morganza Spillway Saturday to relieve the pressure on the Mississippi. Thousands have been evacuated from the spillway area. From AP via Yahoo News:

In an agonizing trade-off, Army engineers said they will open a key spillway along the bulging Mississippi River as early as Saturday and inundate thousands of homes and farms in parts of Louisiana’s Cajun country to avert a potentially bigger disaster in Baton Rouge and New Orleans.

About 25,000 people and 11,000 structures could be in harm’s way when the gates on the Morganza spillway are unlocked for the first time in 38 years.

“Protecting lives is the No. 1 priority,” Army Corps of Engineers Maj. Gen. Michael Walsh said aboard a boat from the river at Vicksburg, Miss., hours before the decision was made to open the spillway.

The opening will release a torrent that could submerge about 3,000 square miles under as much as 25 feet of water in some areas but take the pressure off the downstream levees protecting New Orleans, Baton Rouge and the numerous oil refineries and chemical plants along the lower reaches of the Mississippi.

Keep the communitites in the path and those that have been affected by recent flooding in the Mississippi River Valley.

Read everything.

Maryland Governor Proposes Gas Tax

Marylanders’ the gas tax is coming back.  On Friday Maryland Governor Martin O’Malley(D) at a forum is suggesting to call the General Assembly into special session in the Fall to add $0.12 tax . The assembly failed raise the tax in the Spring.The tax increase will be used road repairs (although the earlier funds were used for balancing previous budgets. From ‘WJZ-TV 13 Eyewitness News” in Baltimore has the story:

Pain at the pump. If you think gas prices are high now, there is a plan that could push them even higher.

WJZ-TV Political Reporter Pat Warren tells us a hike in the gas tax could be just down the road.

A failed effort to increase the state tax on gasoline during the regular General Assembly session doesn’t mean the idea has gone away. The prospect of another bill may be proposed in a special session.

That’s right. Governor Martin O’Malley held a roundtable discussion on the transportation trust fund on Friday. And wouldn’t you know it, the gas tax came up.

Timing  is bad considering gas prices is nearing $4.00 a gallon. Whats worse Maryland surrounded by 5 states and Washington, D.C.    Residents who live near borders will cross state lines to get cheap gas. Watch out Delaware, Pennsylvania,Virginia, West Virginia, Ohio and D.C. may come for cheap gas in 2012.

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Oil Prices are at 3 Year High at $107.

Oil price continue rise; closing at $107.94 a barrel.ABC News:

The weekly national average gas price showed the highest price ever during the month of March and the seventh consecutive increase this week, according to the Department of Energy. Prices are at their highest level since 2008, in part because of the Japan earthquake and turmoil in the oil-producing Middle East. But analysts say the price of oil and gas would still hover at a surprisingly high level despite geopolitical concerns.

The national average gas price is $3.60 today, according to the Department of Energy, up 3 cents from a week ago and 80 cents from one year ago. Last week’s national average was an updated $3.56 per gallon for regular gas, the 13th consecutive week that the average was above $3 a gallon, according to the DOE. The last time gas rose higher than $3.50 was Sept. 29, 2008, when the weekly average hit $3.64.

Oil futures settled today at $103.98 after reaching a high of $105.76 earlier in trading. On Friday, oil futures settled at $105.40 a barrel, the third consecutive day above $105, according to the Chicago Mercantile Exchange Group.

The summer driving season is going to be fun, fun, fun!

Yeah Right!

Middle East Crisis Send Oil Prices Soring

Gas Prices rose dramatically this past week especially on the turmoil in Libya. CNN Money has the story:

Gas prices have increased 17 cents a gallon in the past week. And analysts expect prices to continue higher, following a sharp rise in the price of crude oil.

The national average price for a gallon of regular gas rose 4.6 cents to $3.33, motorist group AAA said Saturday. That marks the fourth day in a row that prices have risen, and brings the national average to the highest level since October 2008.

The highest price is in Hawai’i:

Gas prices were highest in Hawaii, where drivers paid $3.761 a gallon, on average. Wyoming had the lowest gas prices at roughly, $3.032 a gallon.

Tom Kloza, chief oil analyst at the Oil Price Information Service, said gas prices’ 6-cent jump reported Friday was the largest one-day increase since at least 2008.

“This will definitely be the most expensive February ever,” he said, adding that gas prices are typically lower during the winter months

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The EPA goes after Greenhouse Gasses

The Obama administration is going ahead with plans to regulate greenhouse gasses, despite of discovering that Climate Change/ Global Warming is non-existent. From AP via Yahoo News:

Stymied in Congress, the Obama administration is moving unilaterally to clamp down on greenhouse emissions, announcing plans for new power plants and oil refinery emission standards over the next year.

In an announcement posted on the agency’s website late Thursday, Environmental Protection Agency administrator Lisa Jackson said the aim was to better cope with pollution contributing to climate change.

“We are following through on our commitment to proceed in a measured and careful way to reduce GHG pollution that threatens the health and welfare of Americans,” Jackson said in a statement. She said emissions from power plants and oil refineries constitute about 40 percent of the greenhouse gas pollution in this country.

President Barack Obama had said two days after the midterm elections that he was disappointed Congress hadn’t acted on legislation achieving the same end, signaling that other options were under consideration.

Jackson’s announcement came on the same day that the administration showed a go-it-alone approach on federal wilderness protection — another major environmental issue. Interior Secretary Ken Salazar said his agency was repealing the Bush era’s policy limiting wilderness protection, which was adopted under former Interior Secretary Gale Norton.

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November 2 is here Go and VOTE!

Over the years I try to remember to vote . I usually vote in major elections President, Congress,  Governor etc.  Well Today November 2, Election Day.

This election is the most important election in several generations everything up for grabs. Nation is a stake.

So go and vote Liberal or Conservative. Go Vote  GO VOTE!

See yu at the polls. (I am at the polls in Hawaiian Gardens)