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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Nadine Carroll who wrote (254544)6/15/2008 3:56:33 AM
From: Neeka  Respond to of 793656
 
Locked in underground storage. The product that is above ground is being bid on only to be released at the right price.

where are the bottlenecks?

Regulator Probes Commodity Speculation

forbes.com

G8 calls for IMF probe into surging oil prices

timesofindia.indiatimes.com

Let's all hope U.S. Regulators and the G8 aren't as inept as most beaureacracies.



To: Nadine Carroll who wrote (254544)6/15/2008 9:50:16 AM
From: greenspirit  Respond to of 793656
 
Not fair Nadine, I have a feeling there's good disagreement brewing in this post, but have to figure out what a Chimara is first? :-)

Edit:

Ahh,

In Greek mythology, Chimera (Greek ??µa??a (Chímaira); Latin Chimaera) is a monstrous creature of Lycia in Asia Minor, which was made of the parts of multiple animals.

I'll have to get back to you with a decent rebuttal. My initial thought is energy is such an important component of our economic health, it shouldn't be left to the whims of entities that don't have America's best interest at heart. Currently, if I understand it correctly, the Chimera is controlled by (OPEC), holding the leash and pulling or letting free as they see fit to manipulate the price of oil.

Freeing ourselves from the needs of this entity is linked to our freedom as a people.



To: Nadine Carroll who wrote (254544)6/21/2008 9:36:39 PM
From: Snowshoe  Respond to of 793656
 
>>Energy independence is a chimera, oil is fungible and the market is global.<<

Israel wants civilian nuclear power and electric cars...

Israel seeks civilian nuclear power
Mon, 03/05/2007 - 12:48pm
blog.foreignpolicy.com

Project Better Place
en.wikipedia.org

In January 2008, the Israeli government announced its support for a broad effort to promote the use of electric cars, embracing a joint venture between Project Better Place, Renault and its partner, Nissan Motor Company. Renault and Project Better Place are working on development of exchangeable batteries.[1][2]

Agassi has raised 200 million dollars for this project, one of the largest and fastest seed rounds in history. Investors include VantagePoint Venture Partners, Israel Corporation, Israel Cleantech Ventures, Morgan Stanley, and private investors led by Michael Granoff of Maniv Energy Capital.[3]

In April 2008, Deutsche Bank analysts reportedly concluded that the company's approach could be a "paradigm shift" that causes "massive disruption" to the auto industry, and which has "the potential to eliminate the gasoline engine altogether."[4]