BP Says America Is Just Years Away From Energy Self-Sufficiency

February 5, 2012 § Leave a comment


The interesting question is, of course, where BP thinks that all the oil will come from. Last year, when they projected the same growth rate, the sources were expected to be Saudi Arabia and Iraq. This year, they project that more will come from Deep water, rising from the 9% of supply anticipated last year to 10% in the current review (currently it is at about 7%). But, more interesting, is that they see the roles of energy efficiency and technical exploitation of indigenous resources leading to a great change in the international fuel market:

we foresee both the Americas and Eurasia – or Europe including Russia and the former Soviet Union – achieving self-sufficiency in energy, while the Middle East will generate surplus supply for Asia’s surplus demand. In the US for example, oil imports have dropped by about one-third since peaking in 2005 and are likely to be…

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February 3, 2012 § Leave a comment

The Baseline Scenario

By James Kwak

I must admit that I find Facebook’s impending glory a bit awkward, as it touches on two themes I have written about previously. One is that I just don’t like Facebook. And, I confess, I don’t really understand it. I sort of understand why people like it, but I don’t really understand why it’s going to be the most valuable technology company on the planet in a few years. I don’t understand why anyone would ever click on an ad within Facebook (or why anyone would even see them, since you could just use AdBlock), since I don’t understand why you would want your shopping choices to be dictated by who is willing to spend the most money for your attention. (When I want to buy something, I prefer using organic Google search results, since at least they aren’t affected by ad spending.) Maybe I’m…

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New to San Francisco Theaters Starting Friday, February 3rd

February 3, 2012 § Leave a comment


A haunted Inn, a taboo love affair, a Broadway star, apartheid, and Ralph Fiennes on a warpath, What do these things have in common?  They’re all featured in new films opening this week in San Francisco theaters.  To see the full list of films and where they’re playing follow the jump.

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Leader of Khmer Rouge torture prison gets life sentence

February 3, 2012 § Leave a comment

This Just In

Cambodia’s war crimes court Friday rejected the appeal a man who ran a Khmer Rouge regime torture prison and instead increased the man’s sentence to life imprisonment.

Kaing Guek Eav, commonly known by his alias, Duch, was appealing his 2010 conviction and 35-year sentence arguing that he was just following orders of senior leaders of the Khmer Rouge regime.

Duch was 67 at the time of his convictions, which was for war crimes, crimes against humanity, murder and torture. He was was the head of the S-21 prison where about 14,000 people died. Few people taken to the prison made it out alive; only about a dozen were found by the Vietnamese, who invaded Cambodia in 1979.

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February 2, 2012 § Leave a comment


Brrriiinnng. The alarm clock buzzes in another hectic weekday morning. You leap out of bed, rush into the shower, into your clothes and out the door with barely a moment to think. A stressful commute gets your blood pressure climbing. Once at the office, you glance through the newspaper, its array of stories ranging from discouraging to depressing to tragic. With a sigh, you pour yourself a cup of coffee and get down to work, ready to do some creative, original problem solving.

Good luck with that.

(MORE:Paul: The Myth of ‘Practice Makes Perfect’)

As several recent studies highlight, the way most of us spend our mornings is exactly counter to the conditions that neuroscientists and cognitive psychologists tell us promote flexible, open-minded thinking. Take that hurried wake-up, for example. In a study published in the journal Thinking and Reasoning last year, researchers Mareike Wieth and…

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FDA staffers sue agency over surveillance of personal e-mail

February 1, 2012 § Leave a comment


The Food and Drug Administration secretly monitored the personal e-mail of a group of its own scientists and doctors after they warned Congress that the agency was approving medical devices that they believed posed unacceptable risks to patients, government documents show.

The surveillance — detailed in e-mails and memos unearthed by six of the scientists and doctors, who filed a lawsuit against the FDA in U.S. District Court in Washington last week — took place over two years as the plaintiffs accessed their personal Gmail accounts from government computers.

(FDA) – The startup screen on FDA computers warns employees, “you have no reasonable expectation of privacy,” including any communication accessed or sent from the machine. This specific message has appeared since at least December 2010. The screenshot and other materials were compiled by Kohn, Kohn and Colapinto, the law firm representing the whistleblowers, on behalf of the National Whistleblower Center…

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Wall Street Rant: Who Owns The World’s Financial Assets? And Why Are U.S. Households So Fascinated With Stocks?

February 1, 2012 § Leave a comment