Technology

Philippine Island of Cebu Strikes Oil

News Analysis: A relatively large deposit of oil has been discovered on Cebu Island after years of drilling in the area. Since this is NOT off-shore, as many other Philippine Deposits are, production costs should be much less. An estimated 12 million barrels of oil a day will most likely be the production rate of wells  when operational.

Since there is likely a significant amount of Natural Gas at this location, a Power Plant for electrical production for this Island of  almost 4 million people would be built to serve them.

Perhaps this discovery will lead others to look for more Oil on Land, of which there is 298,170 Km2  (115,124 Mi2), throughout the 7,107 Philippine Islands. 

Reference: http://gulfnews.com/business/oil-gas/new-oil-find-raises-hopes-for-the-philippines-1.1275978

Norway Exported $9.87+ Billion Dollars of Seafood In 2013

News Analysis: Contrary to claims by many Environmentalists, that the “Oceans Of The World Are Fished Out”, Norway Exported a Record $9.87 Billion Dollars of Seafood in 2013. The Seafood consists of: Capelin, Cod, Haddock, Herring, Salmon, Trout, and other species. The hard working Norwegian Fishermen are now enjoying the fruits of their labor; while over 140 Countries enjoy the Seafood.

The question many people are asking: How can Environmentalists be so wrong about “Over-Fishing The Oceans” (especially when viewed in the light of Norwegian Government Economic Export Facts)?

Reality.

Reference: http://barentsobserver.com/en/business/2014/01/norway-seafood-exports-surpass-record-06-01

“Major Ice Breakers Of The World” Evidence Some Nations’ ‘Think Ahead’ Maritime Policies

News Analysis: The United States Coast Guard has created a very telling Chart: “MAJOR ICEBREAKERS OF THE WORLD”.  It shows an absolute World Maritime Dominance by Russia in Numbers of Vessels and Variety of Power Plants Second to None.

One might ask: “If the United States Navy has so many Aircraft Carriers, Submarines, other ships, why were “Cold Sea” Vessels forgotten by the Pentagon?” Surely having Alaska as America’s 49th State should have compelled the question being asked, one might surmise. Additionally, when America’s vaunted Oil Companies knew about Arctic Ocean Mineral Possibilities (from their Prudhoe Bay experience) would not the Pentagon (or the Department of Homeland Security)  be advised that Icebreakers might be needed?

Now, decades later, America, with its $17+ Trillion Dollars in Debt can ill-afford building new Ice Breakers.  Assistance, if needed (by vessels stranded in the Northern Sea Route from Alaskan waters to Europe) can be provided by Russia. 

The U.S. Coast Guard should have Icebreakers built to handle future needs in colder American Waters. Historically its Members are always up to ANY RUGGED TASK that may befall them. Now, can the Admirals in the Pentagon show a little foresight  and Request Future Year  Funding for New-Buildings for Icy Conditions Sailing in Northern Waters?

Presently America’s Military in the Pentagon is decades behind the Russians in Ice Breaker Technology (and Vessels) as well as in Foresight, some people say.

Reality.

Reference: http://www.uscg.mil/hq/cg5/cg552/images/130220%20Icebreaker%20Chart.pdf

Chinese Multiplication Device, Built In 305 B.C., Makes Figures ‘Add Up’

News Analysis: Chinese Mathematical Ingenuity, was well utilized in creating the Multiplication Device, recently ‘Deciphered’ by Anthropologists. This Bamboo Tool with Calligraphy on it could be used for Commercial and Financial Activities of the Period. 

It is interesting to note the Mathematical Intelligence used in creating the Device in 305 B.C. is similarly carrying over with the Chinese People presently.

As China quickly becomes the World Economic Leader, its People can proudly say: “We were in Commerce back then; We are in Commerce and Finance today.”

“This Mathematical Intellect  must be in the Chinese D.N.A.”, some People say. Other are of the opinion that “Their Intellect reflects the benefits of having a 10,000 Year Old Culture.”

Either way, the Chinese Win.

Reality.

Reference: http://www.theepochtimes.com/n3/438586-chinese-bamboo-strips-revealed-as-first-known-times-table/?photo=2

Antarctica’s Pine Island Glacier Ice Shelf Melting Is the Lowest Ever Recorded

News Analysis: The Ship and Icebreakers getting lodged in the thick Ice of Antarctica’s Waters and needed to be rescued in the past few days, lead many Scientists to question the validity of “Global Warming Due To Man’s Activities” (GWDTMA). Pine Island Glacier Ice Shelf Melting Is the Lowest Ever Recorded And Less Than Half Of That Recorded In 2010!

Along with the measurable increase in Ice in Antarctica, many suspicion ‘more enigmatic mechanisms” may be working. They think over longer periods of time, other Natural Systems may be at work, producing the Ebb and Flow of Ice in Antarctica. Today, more Measured Ice is  located  in the Arctic Ocean as well (as tested by the U.S. Government). Adding to this puzzle, the “Ozone Hole” in Antarctica’s Sky has also been measurably shrinking.

Some Politicians touted  ‘GWDTMA’ to the Media;  the “Journalism Majors” in the Media heard the “Clarion Call” from those Politicians. Subsequently, the “Race Was On” to find ANY Environmentalists’ Opinions that ‘GWDTMA’ was “Ruining the Earth”. Rather than consider the possibility that Natural Events which created and eliminated Ice Ages on Earth, might also be at work today, they steadfastly decried Man’s Activities.

These same people who are “GWDTMA’ Enthusiasts might willingly accept the “Acupressure of Skyscrapers Causing Earthquakes Theory” without much evidence.   

A Scientist, studying the Earth and/or the Cosmos, who is  “Worth his Salt” will Analyze, Theorize,  Criticize, and then Realize his “Answer” ultimately is “A Strong Possibility”; such is Scientific Refutation.

Reality.

Reference: http://www.scmp.com/business/article/1400130/antarctic-mystery-heats-ships-trapped-ice

 

Railway Oil Tank Cars Need To Keep Volatile Contents Cooler

News Analysis: Railway Oil Tank Cars are presently Shipping North Dakota, U.S.A., ‘Light’ “Baaken Crude Oil” to refineries elsewhere. Since this type of Crude Oil contains Propane and Butane along with other flammable hydrocarbons, Temperature Control is a must. Lighter crude oil, such as Baaken have lower “Flash Points” in which vapors given off by the gases it contains may ignite.

The U.S. Government denotes a “Packing Group I or II” for these Light Oils. If it is given a designation of “Packing Group I”, its Flash-point is under 23C (73F)  and the Boiling Point is less than 35C (95F). “Packing Group II” if the Boiling Point is greater than 35C (95F) and a Flash Point less than 23C (73F).

Many Chemical Engineers and Thermodynamicists maintain that Greatest Safety occurs when the “Pressure Vessel” containing  Volatile Compounds are kept cool. Even Solar Radiation Buildup in Railway Tank Cars is ill-advised. 

Spray-On Mega-Temp™ Insulation stops heat build-up from the Sun and keeps temperatures stable. Since it can be applied so quickly, an entire  tank car could easily be insulated during one work shift by trained Applicators. Oil Refineries and Oil Pipelines can benefit from this “Active Molecular Insulation” as well.

Hydrochloric, Nitric, and Sulfuric Acids are inert to one millimeter (.03937″) thin Mega-Temp™ Insulation.

Railway Car Owners or Investors thinking of purchasing new cars need to protect their investments. Mega-Temp™ Insulation is the Product that is Fittest for this task.

Reality.

Reference: http://www.reuters.com/article/2014/01/08/us-greenbriar-tankcars-safety-idUSBREA071HK20140108

★ Peru To Spend $8.1 Billion On Energy This Year

News Analysis: Peru, is a nation of 30+ Million people living in an area of 1.28+ Million Km2 (494,000+ Mi2). It  will be spending $8.1 Billion Dollars for Energy to help Manufacturing, Mining, Mineral Processing, Petrochemical Industries as well as its General Development. As it stretches from the Pacific Ocean to the Amazon Basin edge, Energy is very important for the country’s growth.

Its wise Government Officials, lead by President Ollanta Humala Tasso, understand that  Investments in Energy today bring continuous growth tomorrow in this Nation of Abundant Resources.

Peru is noted for its wide variety of Metals such as: Copper, Gold, Lead, Iron Ore, Molybdenum, Silver, Tin, and Zinc. Its other non-Agricultural/non-Fabricated Exports  are Natural Gas and Crude Petroleum. Fabricated Exports are:Alloys, Chemicals, Fabricated Metal Products, 

Machinery and Textiles. Fish, Fruits and Vegetables are also its Exports.

Exports for Peru totaled $47+ Billion Dollars in 2012. It had a 5% Industrial Growth Rate and a Gross Domestic Product of $370+ Billion Dollars in 2014 (Est.). Peru, which has 39th Largest Economy in the World is also rated as “Upper Middle Income” by the World Bank. It has one of the fastest growing economies in the World.

Any Investor who is looking for a place to “Park Capital” may want to consider Peru.  Its Trading Partners are: Canada, Chile, China, Germany, Japan, South Korea, Spain, and the United States; it Exports to the “Big Boys”. One will find Peruvians to be both Industrious and Intelligent in Business Relationships. They make good Business Associates.

As Prosperous and Active as Peru is, many people wonder why the Mass Media largely ignore it in the ‘Financial News’; We Do Not.

Reality.

Reference: http://laht.com/article.asp?ArticleId=1445899&CategoryId=10718

When Cold Is Really Cold An Insulation’s Performance Must Be Bold

News Analysis: Cold weather closings of  Oil Refineries, Passengers in both Airplanes and in stranded Railway Cars seeking blankets, Buses with chilled riders, and New Large Buildings, using record amounts of Energy to keep warm; these all demonstrate ‘Cosmetic Insulations'(using Entrapped Air as the Insulator) DO NOT PERFORM IN FRIGID WEATHER!

An Insulation’s Performance Must Be Bold and NOT BE a Fuel Source for Fires. Petrochemicals and entrapped air in Foam Insulations only require Heat for the creation of fire. If a fire does occur, as in an Aircraft or Building, occupants cannot have Glass Particulates be released into the air for their inhalation into their lungs, as can Fiberglass. 

“Mega-Temp™ Insulation” Performs in Frigid Weather and was designed for extreme Cold Weather use such as in Aircraft, or in Arctic Conditions. It is the “Active Molecular Insulation™” which has been performing boldly for MANY YEARS in Siberia, Russia. It does Not Freeze in Liquid Nitrogen at -195.8C (-320.5F).

The Cost for the disruption of  Commercial Commerce throughout the Northern Hemisphere is estimated as Several Trillion Dollars! This can easily be reduced by using Spray-On “Mega-Temp™ Insulation” in Oil Refineries, Aircraft Fuselage Interiors, Passenger Trains, Freight Boxcars, Buses, Buildings (and anywhere else Severe Cold Weather will Impact).

Climate Change is evidencing this year’s Northern Hemisphere Freeze; Weather Experts think this pattern will continue into future Winter Seasons. Being Pro-active, People can stay Safe and Comfortable,  Refineries remain open, and, Energy Bills may plummet by using “Mega-Temp™ Insulation” as needed. It performs Boldly in the Cold.

The Insulations of the Past, which are Widely Advertised, are OBVIOUSLY FAILING EVERYONE TODAY.

A Word To The Wise Is Sufficient.

Reality.

Reference: http://www.bloomberg.com/news/2014-01-07/chicago-colder-than-south-pole-as-frigid-air-clamps-down-on-u-s-.html

Honduran Melons Will Be Shipping To Markets Far And Wide

News Analysis: Cold weather in the Northern Hemisphere make Melon Production there quite problematic. Honduran Melons (Cantaloupe, Honeydew, and others) are being harvested now for shipment.

As colder seasons increase, investors should consider where crops can easily be produced and shipped to customers in harsh weather. Contacting Larger Farmers and Cooperatives will be productive for the aggressive investor; much can be accomplished on the Internet.

Profitability lies where there is a Depth of Demand and a Shortage of Supply.

Reality.

Reference: http://www.hondurasnews.com/high-hopes-delayed-honduran-melon-season/

Royal Dutch Shell (RDS) To Drill For Natural Gas In New Zealand Waters

News Analysis: Off the shores of New Zealand and extending out 100+/-km (62+/- mi) into the Pacific Ocean lies the area of the ‘Great South Basin’ to which ‘RDS’ will drill a ‘Exploratory Natural Gas Well’. This is expected to occur within the next 24 months and cost up to $200 Million Dollars. If gas is discovered in sufficient amounts,  a network of appraisal wells would be drilled over the next ten years. Following that series of wells (if sufficient in size of deposit) would be production wells drilled in the area.

Drilling in 1,300 Meters (4,265 feet) ocean depth, a Semi-Submersible Rig or a Drilling Ship would be employed. ‘RDS’, being a Environmentally Cautious Group, will take every precaution to perform this arduous process correctly, many people say.

People who complain about the ‘High Cost Of  Fuels ‘ should consider the  ‘Astronomic Cost of Oil and Gas Exploration “Off-Shore”. Perhaps if they do, they will be less inclined to listen to the rhetoric of Politicians (with Personal Vested Interests) who enjoy decrying “Off-Shore Drilling”. 

Reality.

Reference: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11182574