A Quote by James Buchan
Europe and North America, we are told, are less dependent on energy-intensive heavy industry than in the 1960s and 1970s. It seems we squeeze more GDP out of a barrel of oil than in those benighted days.
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So long as oil is used as a source of energy, when
the energy cost of recovering a barrel of oil becomes
greater than the energy content of the oil, production
will cease no matter what the monetary price may
be.
Bitumen is junk energy. A joule, or unit of energy, invested in extracting and processing bitumen returns only four to six joules in the form of crude oil. In contrast, conventional oil production in North America returns about 15 joules. Because almost all of the input energy in tar sands production comes from fossil fuels, the process generates significantly more carbon dioxide than conventional oil production.
We can get more energy out of the north slope of Alaska; we have available the ability to make ourselves less dependent on those uncertain sources of supply from the Middle East. And it's important we do that.
The US economy, because it's so energy wasteful, is much less efficient than either the European or Japanese economies. It takes us twice as much energy to produce a unit of GDP as it does in Europe and Japan. So, we're fundamentally less efficient and therefore less competitive, and the sooner we begin to tighten up, the better it will be for our economy and society.
During the 1960s, we used twice as much oil as during the 1950s. And in each of those decades, more oil was consumed than in all of mankind's previous history.
Every barrel of oil that comes out of those sands in Canada is a barrel of oil that we don't have to buy from a foreign source.
There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.
We have the resources and technology to produce more energy than we consume and break our long-standing dependence on foreign sources of oil. All we need is the will. In fact, there's a path to follow, one that North Dakota blazed over the last decade by building a comprehensive energy plan we called Empower North Dakota.
Industrialized countries have disproportionately more cancers than countries with little or no industry (after adjusting for age and population size). One half of all the world's cancers occur in people living in industrialized countries, even though we are only one-fifth of the world's population. Closely tracking industrialization are breast cancer rates, which are highest in North America and northern Europe, intermediate in southern Europe and Latin America, and lowest in Asia and Africa.
It seems to me that some releases these days are so collab heavy to the point the artist seems like a guest on their own album and then fans look out more for the collabs than the stand alone tracks from the artist.
The wealth-income ratio in the United States has always been lower than in Europe. The main reason in the early years was that land values bulked less in the wide open spaces of North America. There was, of course, much more land, but it was very cheap.
This morning, prompted by increasing concerns about terrorism, oil prices reached a record high as the cost of a barrel of crude is a whopping $44.34. Wow, it seems shocking that a product of finite supply gets more expensive the more we use it. Now the terror alert means higher oil prices, which oddly enough means higher profits for oil companies giving them more money to give to politicians whose policies may favor the oil companies such as raising the terror alert level. As Simba once told us: "It's the circle of life."
We thank those Senators, both Republican and Democrat, who stood firm against tremendous pressure from the Bush administration, pro-drilling members of Congress and their allies in the oil industry. They recognize that the budget is an inappropriate place to decide controversial national policy matters like America's energy policy. We urge all members of Congress to remain steadfast in their belief that the vast, unspoiled wilderness of America?s Arctic National Wildlife Refuge is more than a line item in the Federal Budget.
The United States of America are more of a concept than a historically evolved geographical conclusion, compared to European countries. I find this extremely interesting. Europe seems objectively more progressive and more civilized at a time when the U.S. is entering a regressive, oppressive, totalitarian era. You've got racial issues, the endurance of Puritanism, other seriously anachronistic religious fanaticisms, and it's all linked to conservatism. Despite all the unresolved deep-seated problems, the U.S. is still a country where it's less important where you come from than what you do.
Liberty is so great a magician, endowed with so marvelous a power of productivity, that under the inspiration of this spirit alone, North America was able within less than a century to equal, and even surpass, the civilization of Europe.
I think that growing up in a crowded continent like Europe with an awful lot of competing claims, ideas, cultures, and systems of thought we have, perforce, developed a more sophisticated notion of what the word freedom means than I see much evidence of in America. To be frank, it sometimes seems that the American idea of freedom has more to do with my freedom to do what I want than your freedom to do what you want. I think that in Europe we're probably better at understanding how to balance those competing claims, though not a lot.
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