Saturday, September 19, 2015

A Comment from Donny Rico

From:  You Tube
And now, a moment of horrifying humor.





Published on Jan 20, 2014
Amazon Watch teams up with Pulitzer Prize winner Mark Fiore once again!

Wednesday, September 16, 2015

Exxon Researched Climate Change in 1977 | FRONTLINE

From:  Frontlines







Published on Sep 16, 2015
A short FRONTLINE film about Exxon's early research into climate change produced in collaboration with InsideClimate News.

Produced by Tom Jennings

Tuesday, September 15, 2015

"Super lice" a concern as kids return to school

From:  CBS News


Treatment-resistant "super lice" have been found crawling through children's hair in at least 25 states. As the new school year resumes, parents and schools are concerned the problem could spread.

Maria Botham's daughter was found to have lice in a routine school checkup. "Lucia started school a week ago, and I meant to do it two weeks ago, which I really wish I did, but here we are," she told Danielle Nottingham of CBS News.

Botham, who makes a living treating other children for lice at her salon in Los Angeles, was hunting down the live bugs and lice eggs, called nits. "I found a louse on her already, and it's a pretty big guy."  MORE

Mutant lice are probably coming! But first, the hype

From:  CNN

by Carina Storrs,Special to CNN

COMMENT -  We know the over the counter products are toxic, as are those prescribed by your physician.  But it is clear Super Lice are on the way. 

Wed August 19, 2015

(CNN)Head lice are a lousy part of the school year or summer vacation for an estimated 6 to 12 million children in the United States every year. Infestations can lead to itchy scalp, irritability and poor sleep.

To make matters worse, there are hints we could be losing some of our easiest and cheapest defenses against these insect interlopers. Studies suggest many lice may no longer be killed by over-the-counter treatments such as Rid shampoo or Nix rinse.

Newer generation lice-fighting chemicals are an option if the usual treatments fail, but they are often more expensive. A number of parents are taking their children to "nitpickers," who manually remove the insects from hair using combs and sometimes just their fingers.  MORE

Friday, September 11, 2015

Brazil cut to 'junk' credit rating by Standard & Poor's

COMMENT: We'll tell you why this matters to Santa Barbara - and Exxon - soon.  Check back for the answer.  - Ed. 

From:  BBC

Getty photo - Ms Rousseff had tried to head off a downgrade with austerity measures


Brazil has lost its investment-grade credit rating following a downgrade by Standard & Poor's to "junk" status.

The US rating agency said mounting political turmoil and the difficulties faced by President Dilma Rousseff's government in tackling growing debt was behind the decision.

Brazil was awarded an investment-grade rating by S&P in April 2008, when the country's economy was on the rise.

However, sliding commodity prices and austerity have created a recession.  MORE

Monday, September 7, 2015

How our screwed-up CEO pay system makes climate change worse




Runaway CEO pay at the 30 largest U.S. public fossil fuel corporations rewards short-term actions, with disastrous results for the world’s climate, a new report finds.

CEOs at big oil, gas, and coal corporations are rewarded for a short-term fixation on pumping up quarterly share prices. They receive pay perks for expanding carbon reserves and building unnecessary fossil fuel infrastructure. Share prices can get a temporary boost from corporate lobbying to maintain government subsidies and block renewable energy initiatives, and from campaign donations that help elect climate deniers to Congress.

In 2014, the average CEO pay package at the 30 biggest oil, gas, and coal companies was $14.7 million, 9 percent higher than average CEO pay on the S&P 500. These pay trends are documented in “Money to Burn: How CEO Pay Is Accelerating Climate Change,” a report I coauthored for the Institute for Policy Studies.  MORE

Friday, August 7, 2015

Impact Analysis Of CA Pipeline Spill On Plains All American: Investor Over-Reaction

From:  Seeking Alpha

Summary

  • Protracted total long-term costs of pipeline spill are now knowable: less than $250mm.
  • When measured against EBITDA and Net Income, total impact is not large.
  • Overall loss of 2% long-term Net Income, but stock is sold off over 6% - not commensurate.

Introduction

On May 19, 2015, a 24-inch diameter on-shore crude oil pipeline owned and operated by Plains All American Pipeline, L.P. (NYSE:PAA) (NYSE:PAGP), ruptured causing a grand total of approximately 2,000 bbl of crude oil liquids to be released along the shoreline spanning the area between the townships of Goleta and Santa Barbara, CA. This was a significant event for the region and local regulatory agencies immediately became involved. While not massive, the rupture is the largest onshore incident along the California coast in 40 years.
(click to enlarge)

Financial Impact Assessment

On May 21, 2015, the U.S. Dept. of Transportation ordered the ruptured pipeline to be shutdown (the 24-inch diameter line 901), pending an intensive inspection of its structural integrity and remediation of any faults.