MUCH BIGGER THAN A BREAD BOX
Two and a half fascinating minutes (thanks, Glenn). It starts small — a little thing called the moon — and grows from there. Go ahead: marvel.
CATS AND DOGS
☞ No! Hadn’t seen it. I love it: a dog’s diary contrasted with a cat’s diary. Go ahead: try not to smile.
Matt Wilbert: “I just now read your August 5 post. I am pretty sure that one of your specific points is wrong, and because this particular point has been widely misunderstood, I thought I should flag it for you. The US is not exporting more oil than it is importing. It is not even close to exporting more than it is importing. Depending upon how you calculate it, we are probably producing about 65% of our current consumption, and net imports make up the rest. I am not sure why people think differently. It is true that we are now a net exporter of refined petroleum products, and that our net imports are now smaller than domestic production, so perhaps people are confusing these things. See here.”
☞ Matt is right. Here‘s a thoughtful overview. US crude production is up by 50% since 2008, and there are other trends that may eventually lead to energy independence, but it’s still a ways off. And of course we’d much rather reach it through increased efficiency (conservation) and increased production of clean energy (solar and wind, e.g.) — solar roadways! — than through (say) fracking near aquifers. And of course, I’m not arguing that President Obama was more crude-oil-friendly than George W. Bush, or that he somehow triggered these production gains. But that post was in response to Mitch McConnell’s outlandish assertion — in prepared remarks, so not a slip of the tongue — that “By any standard, Barack Obama has been a disaster for our country.” As he might have been if over-regulation of the oil industry had cut their domestic production. But, no: the industry if booming on Obama’s watch. Go ahead: help retire Mitch McConnell.
Quote of the Day
They maintain themselves high above the fray, descending only to shoot the wounded.~S.J. Perelman, on the press
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