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Paki Doctor jailed for helping CIA find Binny
Today's Headlines
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Page 6: Politix
2 23:47 gorb [216] 
9 17:36 CrazyFool [235] 
7 18:21 JohnQC [242] 
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3 21:34 Pappy [270]
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Page 2: WoT Background
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Page 4: Opinion
1 15:06 g(r)omgoru [220]
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5 19:49 The Israel LAnd Fund [288]
3 08:25 Procopius2k [206]
Economy
Obama┬'s war on coal hits your electric bill
Obama┬'s War on Coal has already taken a remarkable toll on coal-fired power plants in America.┬ 

Last week the U.S. Energy Information Administration reported a shocking drop in power sector coal consumption in the first quarter of 2012. Coal-fired power plants are now generating just 36 percent of U.S. electricity, versus 44.6 percent just one year ago.┬ 

It┬'s the result of an unprecedented regulatory assault on coal that will leave us all much poorer.

Last week PJM Interconnection, the company that operates the electric grid for 13 states (Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia) held its 2015 capacity auction. These are the first real, market prices that take Obama┬'s most recent anti-coal regulations into account, and they prove that he is keeping his 2008 campaign promise to make electricity prices ┬"necessarily skyrocket.┬"

The market-clearing price for new 2015 capacity ┬-- almost all natural gas ┬-- was $136 per megawatt. That┬'s eight times higher than the price for 2012, which was just $16 per megawatt. In the mid-Atlantic area covering New Jersey, Delaware, Pennsylvania, and DC the new price is $167 per megawatt. For the northern Ohio territory served by FirstEnergy, the price is a shocking $357 per megawatt.

Why the massive price increases? Andy Ott from PJM stated the obvious: ┬"Capacity prices were higher than last year's because of retirements of existing coal-fired generation resulting largely from environmental regulations which go into effect in 2015.┬" Northern Ohio is suffering from more forced coal-plant retirements than the rest of the region, hence the even higher price.

These are not computer models or projections or estimates. These are the actual prices that electric distributors have agreed to pay for new capacity. The costs will be passed on to consumers at the retail level.

House Energy and Power Subcommittee Chairman Ed Whitfield (R-Ky.) aptly explained: ┬"The PJM auction forecasts a dim future where Americans will be paying more to keep the lights on. We are seeing more and more coal plants fall victim to EPA┬'s destructive regulatory agenda, and as a result, we are seeing more job losses and higher electricity prices.┬"

The only thing that can stop this massive price hike now is an all-out effort to end Obama┬'s War on Coal and repeal this destructive regulatory agenda.

The Senate will have a critical opportunity to do just that when it votes on stopping Obama┬'s most expensive anti-coal regulation sometime in the next couple of weeks. The vote is on the Inhofe Resolution, S.J. Res 37, to overturn the so-called Utility MACT rule, which the EPA itself acknowledges is its most expensive rule ever.

This vote is protected from filibuster, and it will take just 51 votes to send a clear message to Obama that his War on Coal must end.┬ 

Of course, Obama could veto the resolution and keep the rule intact, although that would force him to take full political responsibility for the massive impending jump in electricity prices.

I have a form set up at www.WarOnCoal.com to make it easy to contact your senators on this crucial issue.
Posted by: Beavis || 05/23/2012 07:06 || Comments || Link || E-Mail|| [235 views] Top||

#1  In Penna. and Maryland I know of five coal power plants that have shutdown. Nothing to replace it. The power generated by the windmills in one section all goes to the University of Maryland. One plant has gone to NG in a nearby state. Very difficult to get permits to mine coal now also. Even well established mines. I have heard the Chinese are purchasing some mines and don't have to deal with all the red tape. That coal just goes to China.
Posted by: Dale || 05/23/2012 11:48 Comments || Top||

#2  To put it into perspective, the Obama administration is closing an amount of coal generation capacity equal to the total amount of nuclear power generation in the US. This at a time when this administration is attempting to migrate transportation energy onto the grid by encouraging the adoption of electric cars.

This administration is worse than incompetent, it is malevolent. It is doing absolutely the worst possible things at the worst possible moments in order to maximize economic harm.
Posted by: crosspatch || 05/23/2012 12:27 Comments || Top||

#3  This book is free
Posted by: Bright Pebbles || 05/23/2012 12:35 Comments || Top||

#4  Was selling the mines a deliberate move to make that coal completely inaccessible in the future? Who sold the mines?
Posted by: gorb || 05/23/2012 12:51 Comments || Top||

#5  Are you saying that China is buying Coal mines here in the USA and then shipping it to there - while not having to follow regulations here?
Posted by: CrazyFool || 05/23/2012 13:18 Comments || Top||

#6  West Va miners are so disillusioned, they elected a Texas felon in the primary...wait until massive inflation across the board hits when the printing presses grind to a halt...there won't be any rich to tax. Unprecedented times ahead, I fear, even worse than the Babylonian siege Lamented by Jeremiah, where women ate their own children.
Posted by: Omoluque Hapsburg8162 || 05/23/2012 14:11 Comments || Top||

#7  His war on capitalism has emptied our pockets.
Posted by: JohnQC || 05/23/2012 15:31 Comments || Top||

#8  CF, China has a glut of commodities at this time. They are delaying orders now. Like Japan of the past they are very sensitive to their raw material needs. So their push has been to acquire ownership of productive areas of the world. I am certain that they have political clout especially with this administration. Wavers and so on.
Posted by: Dale || 05/23/2012 15:55 Comments || Top||

#9  Thanks Dale. I have no doubt that the current administration would sell anything - even deposits which have been marked 'off limits'. Didn't Clinton mark some vast deposit 'off limits forever' as national land or something (Utah?).
Posted by: CrazyFool || 05/23/2012 17:36 Comments || Top||


Home Front: Politix
Barack Obama accused of risking national security over Osama bin Laden film
President Barack Obama has been accused of risking America's national security for political gain by giving Hollywood filmmakers access to secret material on the raid that killed Osama bin Laden.
Critics of Mr Obama from the Left also said it was astonishing that an administration that had prosecuted more whistleblowers than all previous governments combined had been caught happily leaking to Hollywood allies

Documents released under freedom of information laws show that Mr Obama's defence department and CIA enthusiastically assisted Kathryn Bigelow, the Oscar-winning director, for her forthcoming film on the raid.

Mr Obama's administration even made available "a planner, operator and commander of SEAL Team Six", the elite Navy squad that killed bin Laden in May last year. The identities of Navy SEALS are a closely-kept secret.

The filmmakers were taken to a classified facility, whose name had to be redacted in the released documents, and were allowed to tour the CIA vaults, containing vast amounts of secret information. They were also shown the CIA's mock-up of bin Laden's compound in Abbottabad, Pakistan.

At the time, Ms Bigelow's film, titled Zero Dark Thirty, was due to be released in October, later prompting accusations that it was timed to boost Mr Obama's prospects for re-election the following month.
Posted by: tipper || 05/23/2012 15:51 || Comments || Link || E-Mail|| [216 views] Top||

#1  More like risking America's national security by gutting the economy and debt.
Posted by: newc || 05/23/2012 18:11 Comments || Top||

#2  Maybe someone should start investigating Kathryn Bigelow for the next six or seven months. Have her standing by to testify daily as to who told her what, when, all the painful details. Then charge her with assembling and divulging classified information through her movie if she can't remember anything.

Then go keelhaul the poor sucker who decides to release all the classified information in a last-ditch attempt to thwart the investigation.
Posted by: gorb || 05/23/2012 23:47 Comments || Top||


-Election 2012
Wolfe gets 41.53% in Arkansas
Uncommitted gets 40% in KY
Obama gets the balance of the Democratic primary votes. Not a good sign.
Posted by: Beavis || 05/23/2012 06:36 || Comments || Link || E-Mail|| [242 views] Top||

#1  I don't think there is any way Romney could win...but Obama might still lose.
Posted by: Iblis || 05/23/2012 9:56 Comments || Top||

#2  Romney shouldn't get too cocky. He only got 68% in the AR Rep primary.

i.e. Both are wounded candidates. It's a question of which one sucks the least.
Posted by: Frozen Al || 05/23/2012 10:24 Comments || Top||

#3  "It's a question of which one sucks the least".

Is that really in question, Al, really?
Posted by: Jefferson || 05/23/2012 10:37 Comments || Top||

#4  It's more a question of voter ignorance.
Posted by: gorb || 05/23/2012 12:52 Comments || Top||

#5  The candidate who is in prison and who ran in the primary in W.VA either got (or polled at) about 40% of the vote. I don't think Obama is in such good shape going into this election. Seems like many have awakened except for the devout Kool-Ade drinkers. Wolfe has not spent any money campaigning.
Posted by: JohnQC || 05/23/2012 15:28 Comments || Top||

#6  Rasmussen was on Fox News today...FWIW, he said if the Clown-in-chief stays at 50% approval rating he gets re-elected (I think bumbles is at 51% right now)...if he drops to 45% than Romney will be elected. Not sure how he came up w/that conclusion.
Posted by: Broadhead6 || 05/23/2012 16:42 Comments || Top||

#7  I don't know about the Rasmussen figures and conclusions. The most recent SurveyUSA poll was in NC of 524 likely voters. SurveyUSA had the least error in the last election of all the pollsters. They asked the following question: If the Presidential election were held today for whom would you vote? Republican Mitt Romney? Or Democrat Barack Obama? 45% chose Romney, 44% chose Obama. The error was around 4%. Most polls query people with landlines. 25% of the likely voters have no landline; only a cell phone. This is a bias in all these polls. Obama won North Carolina in the last election. It looks like this election is a contest.
Posted by: JohnQC || 05/23/2012 18:21 Comments || Top||



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Two weeks of WOT
Wed 2012-05-23
  Paki Doctor jailed for helping CIA find Binny
Tue 2012-05-22
  Death Toll Rises to over 120 after Yemen Parade Bombing
Mon 2012-05-21
  AQAP leader urges militants to fight to last breath
Sun 2012-05-20
  Raging Battles on Edge of Militant Stronghold in Yemen, Dozens Killed
Sat 2012-05-19
  20 Dead as Syrian Forces Fire on Huge Protests
Fri 2012-05-18
  Syrian opposition leader says he's ready to step down
Thu 2012-05-17
  13 More Killed as South Yemen Clashes Rage into 5th Day
Wed 2012-05-16
  Ghalioun Elected Chief of Syrian Opposition Coalition
Tue 2012-05-15
  37 Dead, Including 23 Troops as Syrian Army Shells Rebel Bastion
Mon 2012-05-14
  Nearly 25.000 troops battle Al-Qaeda in Abyan
Sun 2012-05-13
  Al Qaeda's Leader Encourages Somali Militants to persist the fight
Sat 2012-05-12
  Tens of Thousands of Protesters Defy Syrian Regime Gunfire, 13 Dead
Fri 2012-05-11
  Somali Gov't, Al shabab claim victory over Bay,Bakol fighting
Thu 2012-05-10
  Damascus bombings kill 40, wound 170: state TV
Wed 2012-05-09
  Annan Fears 'Civil War' Looming in Syria

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