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Tag: "oil"

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Delighted to be back to changing my own oil

Delighted to be back to changing my own oil

Back in 1974, when I bought my first car (a green 1969 Ford Fairlane 500 - see inset), my limited income as a teenager required me to do most of my own maintenance. That included such things as oil changes, as well as brake jobs, replacing a carburetor, and many other parts. I purchased a big manual for my car and spent some long nights in the garage making lots of mistakes and learning from many of them. I also remember the feeling of being self-sufficient and frugal.

1969 Ford Fairlane; Former girlfriend serving as model

After I got my first full-time job, I drifted away from working on my own car. Until now. Seeing a $27 oil change sign from a distance, I pulled into Jiffy Lube. Only after I pulled in did I notice that this was a special price that didn’t apply to me because it wasn’t 7-10 am. Then, after the Jiffy Lube guy treated me rudely and then told me that my oil change, using basic 5W30 oil, would cost almost $40, I blurted out, “Forty dollars for an oil change?” The Jiffy Lube guy protested, “That includes topping off your windshield washer solution and cleaning your windshield.”

I said, “No thanks.” I decided to remind myself what it’s like to slide under the car and get oil on my hands, and to do physical work, a welcome change from my desk job. I drove to the local O’Reilly Auto Parts store, where I bought enough oil and oil filters for three oil changes for $40. O’Reilly told me that they would happily dispose of my used oil at no charge. I also bought a gallon of windshield wiper fluid, an air filter and some new wiper blades for a fraction of what Jiffy Lube charges. Jiffy Lube specializes in telling you that you need these sorts of things and then gouging you for them. If you don’t believe me, check the Jiffy Lube web site — what does it tell you when a big company doesn’t have the balls to tell you how much they will charge you for standard services until they have your car hostage?

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Back at home with a case of oil in my trunk, all I had to do was find my old jacks (a hydraulic jack for lifting and a stand jack for safety), plastic oil pan, funnel, oil filter wrench and a few other tools. None of this is expensive stuff, in case you’re interested in joining me in the Jiffy rebellion. BTW, my Jiffy Lube story is not unique.

One hurdle: it took me about 10 minutes to locate the oil filter on my ‘98 Saturn SL-2 (It’s deeply buried under the back of the engine, requiring me to crawl way under). Because it got dark while I was working, I pulled out my trouble light and that made it official: I was now reliving my teenage years and enjoying it immensely. Take that, Jiffy Lube! Added bonus: I now know exactly what kind of oil is really going into my car and that the right amount is going in. Another bonus: Next time I give one of the cars an oil change, I’ll give my daughters a little lesson about car maintenance–a passing of the baton. Yet another bonus: In less than the time it takes to drive to Jiffy Lube and back, I will have changed my own oil without burning any gas.

Changing one’s own oil is not a big deal. But saying no to old expensive habits and getting back to a simpler, cheaper and self-reliant way of life, one step at a time, can be a big deal.

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It’s time to break the taboo and to talk frankly about human overpopulation

It’s time to break the taboo and to talk frankly about human overpopulation

If you are feeling brave, take a look at the World Clock. You’ll see that more than twice as many people are being born as are dying for any given interval (click the “Now” button to see the numbers spinning out from the present). world-clock

Click the “Deaths” tab and note that for every 100 deaths, there are also more than 60 abortions, and yet the Earth’s population still spirals out of control. Click around on the other tabs and you will probably find yourself transfixed by magnitude of these numbers. Notice the vast amount of forest being decimated by clicking on the “Environment” tab. Under the “Energy” tab, notice the incredibly disconcerting “Oil Depletion Timer,” indicating that we have 40 years of oil left on the entire planet (you’ll need to do the math, dividing the days left by 365–this estimate is based on the admittedly laughable assumption that it would be economically viable to scoop up every drop of oil). Notice the ghastly numbers of entire species being lost each week (almost 300 extinctions per week). Notice the many thousands of preventable deaths every week (under the Death tab), including ghastly numbers of children dying from preventable things like lack of nutrition.

The World Clock sends me into an existential swirl. Watching these numbers accumulate fascinates me and, regarding some categories, horrifies me. Regarding the needless deaths, for example, it occurs to me that no human being has sufficient cognitive capacity or sufficient empathy to properly understand or react to numbers of this magnitude. It is impossible to feel sufficient empathy for the needless deaths of thousands people, week after week.

Last year, I posted on an effort by Global Population Speak Out (GPSO) to discuss the need to discuss overpopulation. But many people are too horrified to even consider this topic. One such person repeatedly vilified me in the comments, arguing that I was an elitist (and worse) because I merely dared to raise this issue.

But this issue of overpopulation is too important to ignore.

[more . . . ]

1
Buffett’s bet on peak oil

Buffett’s bet on peak oil

Warren Buffett is lauded as one of the greatest investors of all time, if not the greatest. He’s the second-richest person in the world, and known as the “Oracle of Omaha” for his seemingly prescient investments. For example, in the wake of the collapse of Bear Stearns and during the height of the market panic that followed it, Buffett stepped in and negotiated a deal with Goldman Sachs. He acquired $5 billion worth of preferred shares, which would pay him a 10% dividend, as well as warrants with the rights to sell those shares at any time within 5 years from the time of the transaction. As of September this year, those warrants were “in the money” to the tune of $3.1 billion, and that doesn’t include the $500 million in premium payments that Goldman pays every year. Those lucrative terms (punitive for Goldman Sachs) left others wondering why the Treasury Department could only negotiate a 5% dividend, but that only added to the mystique and legend of Warren Buffett. At the time, Buffett was quoted as saying “If I didn’t think the government was going to act, I would not be doing anything this week,” referring to the massive bailout bill which was indeed enacted by the government.

It’s deals like that that enable one to become one of the richest people in the world. But it’s also that background that has some on Wall Street scratching their heads at the news that he was purchasing Burlington Northern railroad. The Wall Street Journal discussed how the acquisition seemingly broke two of Buffett’s cardinal rules on investments: 1) buy undervalued stocks or companies, for obvious reasons and 2) don’t split your own stocks, as it dilutes the equity of the existing shareholders. Bloomberg quoted a hedge fund principal as saying, “It could be five years before the logic of [Buffett's purchase of] Burlington Northern becomes clear.” Even Buffett admits that the purchase was “not cheap” and that it represents an “all-in wager”on the future of the American economy. And there can be no doubt that it is a significant investment– he’s liquidating other rail investments totaling $691.3 million while the Burlington Northern purchase will cost some $26 billion– an increase in his railroad holdings of some 3,600%. And this bears repeating, he’s splitting stock to get it done. This is the first time ever that Berkshire Hathaway (Buffett’s investment company) has split shares. He’s so reluctant to split shares, the class A shares regularly trade over $100,000 per share, an unheard-of valuation.

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More to the peak oil story

More to the peak oil story

A few weeks ago, I wrote a post entitled “The Unspoken Reality of ‘Peak Oil’“, in which I tried to convey the scale of the problem we face. “My main motto never changes, the era of low oil prices is over,” said Dr. Fatih Birol who is the Chief Economist for the International Energy Agency (IEA). Now we have even more confirmation that peak oil has arrived. Today, the IEA released their 2009 version of the annual World Energy Outlook, in which they attempt to forecast supply and demand through 2030. And once again, the IEA continues to forecast that there will be plenty of supply, if only we can muster the needed capital investments. Unfortunately, the needed capital investments are enormous:

The capital required to meet projected energy demand through to 2030 in the Reference Scenario is huge, amounting in cumulative terms to $26 trillion (in year-2008 dollars) — equal to $1.1 trillion (or 1.4% of global gross domestic product [GDP]) per year on average. (p.43)

As if that weren’t bad enough, the release of the report has been almost completely overshadowed by yesterday’s Guardian which has alarming allegations from two different whistleblowers within the IEA

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How peak oil affects food and everything else

How peak oil affects food and everything else

Media Education Foundation has released a new documentary called “Blind Spot” which

explores the inextricable link between the energy we use, the way we run our economy, and the multiplying threats that now confront the environmental health and stability of our planet. Taking as its starting point the inevitable energy depletion scenario known as “Peak Oil,” the film surveys a fascinating range of the latest intellectual, political, and scientific thought to make the case that by whatever measure of greed, wishful thinking, neglect, or ignorance, we now find ourselves at a disturbing crossroads: we can continue to burn fossil fuels and witness the collapse of our ecology, or we can choose not to and witness the collapse of our economy. Refusing to whitewash this reality, Blind Spot issues a call to action, urging us to face up to the perilous situation we now find ourselves in so that we might begin to envision a realistic, if inconvenient, way out.

You can watch a ten-minute excerpt here. By watching it, I learned that:

  • The U.S. now has more prisoners than farmers.
  • Corn ethanol is energy negative (making it uses more energy than burning it).
  • It takes 30 calories of energy to bring one calorie of lettuce from California to the average plate.
  • The average item of food travels 1,500 hundred miles to your plate.
  • The concept of peak oil (essentially, that we are running out of cheap oil), is still ignored or rejected by most businesses, governments and individuals.

See the related posts for more information on peak oil, as well as here and here.

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Six years later, we’re starting to talk sense

Why did the U.S. invade Iraq? Nothing floated by the Bu$h administration made any sense. All of Bush’s reasons have long been shot down. Now we learn of an April 2001 report, “Strategic Policy Challenges for the 21st Century,” prepared by the James A. Baker Institute for Public Policy at the request of then-Vice President Dick Cheney. Truthout discusses the report and the historical context:

Two years before the invasion of Iraq, oil executives and foreign policy advisers told the Bush administration that the United States would remain “a prisoner of its energy dilemma” as long as Saddam Hussein was in power.

I’m not suggesting that an oil grab was a legitimate reason to invade. I’m merely suggesting that it was the real (and unadmitted) reason for Bu$h to invade.

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Dennis Kucinich warns America to wake up

Dennis Kucinich gives a six-minute summary of the disaster that has been occurring over the past eight years.
According to Kucinich, what the neocons want to do is to drill into our wallets some more.
I concur entirely. We truly need to wake up.  We excel at being complacent (and see here).
[youtube]http://www.youtube.com/watch?v=bVp9cWOcZ7g[/youtube]
In the meantime, the “Networks [...]

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My fuel efficient old car

How far have we come in terms of fuel efficiency? Based on my 10-year old car, not very far.
Ten years ago I bought a 1998 Saturn SL2. I drive it about 4,500 miles per year (I travel another 1,400 miles per year by bicycle). The Saturn has proven to be a [...]

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The Iraq invasion was about oil all along

The recent set of no-bid contracts to big oil corporations, gaining them cheap access to Iraqi oil fields, is Exhibit A.  Yes, the Iraq invasion was all about oil all along.  Here’s how Bill Moyers sums it up:
Perhaps those sweetheart deals in Iraq should be added to his proposed indictments. They have been purchased [...]

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Don’t get too excited about oil shale

How many times have you heard that there is an immense amount of oil shale, from which we can extract lots and lots of oil?   I’ve heard this claim dozens of times, yet the people uttering this claim never know anything at all about what it takes to make oil out of oil shale.
Consider this [...]

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Obama’s energy policy, presented by Obama

Here is Barack Obama setting forth his plan for keeping America energy independent.   His plan is that America should control it’s own energy and it’s own destiny.  How?  By taking real steps away from purchasing $700,000,000 of foreign oil every day and, instead, creating our own energy.  We import more than 1/2 of the oil [...]

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Naked Bike Ride 2008 - St. Louis - to protest our dependency on oil and celebrate our bodies

Naked Bike Ride 2008 - St. Louis - to protest our dependency on oil and celebrate our bodies

Here is the simple goal for those participating in Naked Bike Ride: Protest our dependency on oil and celebrate the power and individuality of our bodies. In America, most people tend to have a warped attitude toward bicycles. They see bicycles as toys and amusements, not as incredibly efficient and serious modes of [...]

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Two Americas:  Two ways to play in water

Two Americas: Two ways to play in water

Those who are truly interested in community-building (rather than striving to enhance their own status through resource-exhausting displays of material wealth) might want to take note of two ways city folks play in water.
This idea occurred to me while walking through Tower Grove Park in St. Louis last week. Dozens of children splashed [...]