NASA estimates the flyby asteroid was the largest to approach this close in more than a century.
On Earth it would weigh about 130,000 metric tons. That’s even larger than one that tore through the atmosphere in 1908. It too preferred Russia. That meteorite explosion leveled 825 square miles, or 528,000 acres of Siberian forest.
However, Friday’s uneventful visit was not without effects. The pull of Earth’s gravity altered 2012 AD 14’s orbit around the Sun, shortening its annual solar rotation from 366 Earth days to 317.
Based on current information, NASA scientists calculate the orbits of each known near-earth object out for the rest of this century.
For instance, 2012 AD 14’s orbit will not bring it back to our neighborhood again until 2046, when Americans will still be paying for Barack Obama’s recent borrowing.
Now, about that other bad news. According to the same computer calculations, in 2080 the orbit of 2012 AD 14, if unaltered in these next 67 years by some super-natural force like Bruce Willis, will slam into Earth at almost 18,000 miles an hour.
That explosive encounter, NASA says, will release about 2.5 megatons of energy into the atmosphere, causing “regional devastation.”
Hopefully, that will occur over a desolate area like Siberia. Or Detroit.
Fantasy Fuels and Higher Gas Prices…Especially on the East Coast.
The problem began in 2007, when Congress decreed oil companies must start producing hundreds of millions of gallons of a mythical product known as cellulosic biofuel
Writing for the three-judge panel, Senior Circuit Judge Steven F. Williams granted the EPA some strategic face-saving: “Certainly EPA must provide a reasoned explanation for its actions, but rationality does not always imply a high degree of quantitative specificity.” Given the difference between 8.65 million gallons of biofuels the EPA required and zero gallons actually produced, the court could have contended that rationality does not always imply a sense of reality. Americans can draw their own verdict: Rationality is running on empty in Washington.
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Today I will go on record and predict that actual qualifying production of cellulosic biofuels this year will be less than a quarter of the EPA’s 14 million gallon projection. In fact, I expect it to be less than one-tenth of its projection, but I do expect some cellulosic fuel will be made. It will be very expensive to produce, and every gallon will be produced at a loss. The production volumes will ultimately depend on the amount of investor and tax dollars these companies can continue to pull in.
Some will argue that this is to be expected with new technology. However, most people don’t realize that cellulosic ethanol isn’t new technology. The Germans first commercialized cellulosic ethanol from wood in 1898. Commercialization first took place in the US in 1910. The Standard Alcohol Company built a cellulosic ethanol plant in South Carolina to process waste wood from a lumber mill. Standard Alcohol later built a second plant in Louisiana. Each plant produced 5,000 to 7,000 gallons of ethanol per day from wood waste, and both were in production for several years before they were shut down due to poor economics. Since then, there have been many attempts around the world to commercialize cellulosic ethanol, and all have failed for straightforward reasons of physics and chemistry.
So we have the US government mandating a technology that has already proven to be a commercial failure. Congress attempted to mandate an industry into existence. Of course, any time the government is handing out “free money” there will be those who attempt to tell a convincing story of how they can succeed so they can get their hands on that money. And that has taken place over the past half dozen years. Lots of money has been lost by fast-talking promoters, but almost zero fuel has been produced.
Mass Exodus US Oil Refineries.
In 2010, there were 149 operable U.S. refineries with a combined capacity of 17.6 million barrels (2,800,000 m3) per day. Something odd started happening in late 2010-early 2011. The US oil refinery industry quietly announced the closure of numerous US oil refineries. Many are completely unaware the US ships oil overseas to be processed. We do so as we do not have enough refineries to process the vast amounts here, and we are barred from building anymore refineries. All refineries perform three basic steps: separation, conversion, and treatment. Pretty simple.
Several reasons include technical and economic factors as to why we ship it overseas to be processed.
1. The crude petroleum is sold to the highest bidder, NOT the nearest bidder
2. There are different kinds of crude oil, such as sweet/light and dark/heavy. They have different applications and uses.
3. Different kinds of refining processes are needed to make different products from the crude oil. Petroleum is processed to make lots of products other than gasoline, like plastics and asphalt.
4. Politics, unions and the “environmentalist’s”
How many of you are aware Sunoco, ConocoPhillips and The HESS Corp are all closing US oil refineries? Not many, as the media refuses to give this HUGE story coverage. My guess is that if Americans understood the complete truth to how we are being sold out, and enslaved there just might be the much needed revolution to turn this country around.
Last September, both Sunoco & CP announced plant closing, effecting thousands of workers. Sunoco announced they are completely getting out of the oil industry. Closing up shop. They are done with the US oil industry.
Sunoco is closing it’s 2 oil refineries in July 2012 in Philadelphia and Marcus Hook, Pa. Those 2 facilities alone process over 500,000 barrels a day
Also announced last year, ConocoPhillips announced 2 plant closing for sure in Trainer, PA and Bayway, NJ., the other 3 plants are undecided as of today.
Conoco also announced they were closing their Alaskan refining facility:
Just a week ago, the US 3rd largest oil refinery owned and operated by The HESS Corp just announced it’s permanent closure. Costing over 2,000 jobs, and effecting 950 contractors:
Refineries on the East Coast of the US supply 40% of the gasoline sales and 60% of the diesel and other fuel oils.
Of that, HALF that comes from the Sunoco & ConocoPhillps plant closures.
When ConocoPhillips announced that it was closing the Trainer refinery, Willie Chiang, then ConocoPhillips’ Senior Vice President of Refining, Marketing, Transportation and Commercial, noted that their decision to sell, like Sunoco’s, was based on unfavorable economics caused by a competitive and difficult
market environment characterized by “…product imports, weakness in motor fuel demand, and costly regulatory requirements.”
They are ALL closing up shop due to gov regulations, union demands and excessive operating costs brought on by the Gov regulations.
Then you have the unions, led by Barry’s buddy Leo Gerard saying they will close ALL US oil refineries starting from the east coast to west coast today.
The unions are shutting down ports, rail and air across the pond right now……the SAME EXACT thing they plan on doing here. When the ships stop importing, the rails & air stop delivering….how much is everything you consume gonna cost? Remember…we are a CONSUMING country, no longer a producing one.
The excessive and costly gov regulations on the US oil refinery market has forced companies to re-evaluate the cost of doing business in the US .
Why have operations in the US where you bleed money via regulations & demands, when you can have refineries built in Columbia , Mexico or Brazil for pennies on the dollar, and less regulations?
It’s all business America ….nothing personal.
Besides…..your gov is giving BILLIONS to Columbia and Brazil to build refineries to process all that oil the US is losing.
We are building up every country on earth, while destroying our own….all in the name of redistribution of wealth.
I covered some of these “deals” Barry inked in my previous note:
You do the math. When the US oil refineries finally close up shop, who will process all that oil….and how much do YOU think that oil will cost when it’s ALL processed over seas?
Think gas and energy costs are high right now…….wait 6 months. You haven’t seen anything yet.
How can anyone expect any company to do business with an anti-American, hostile gov out of control? You can’t. That is why we are seeing a mass exodus, across the board in every industry in the US LEAVING.
Robert A. Arnett
> Robert A. Arnett & Associates, Inc.
> Mesa , Arizona