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May 19, 2013

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Newsletter (March 21, 2012)


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U.S. Has 60+ Times the Oil Reserves Claimed by Obama

(March 20, 2012, MasterResource.com)
by E. Calvin Beisner, Ph.D.

“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” President Barack Obama said in his weekly address March 10. “Not when we consume 20% of the world’s oil.”

The claim is, if not blatantly false, at best grossly misleading. If the President didn’t know this, some advisors should be dismissed. If he did, he needs to accept the blame and formally correct it.

As Investors Business Daily explained,
… the figure Obama uses—proved oil reserves—vastly undercounts how much oil the U.S. actually contains. In fact, far from being oil-poor, the country is awash in vast quantities—enough to meet all the country’s oil needs for hundreds of years.

The U.S. has 22.3 billion barrels of proved reserves, a little less than 2% of the entire world’s proved reserves, according to the Energy Information Administration. But as the EIA explains, proved reserves “are a small subset of recoverable resources,” because they only count oil that companies are currently drilling for in existing fields.
How much recoverable oil does the U.S. have in addition to the 22.3 billion Obama had in mind? Start with the Green River Formation in Wyoming: 1.4 trillion barrels—sixty-two times as much as Obama counts.

After Green River, it’s almost embarrassing to count other sources: 86 billion on the outer continental shelf; 24 billion in the lower 48; 2 billion on Alaska’s north slope; 19 billion in Utah tar sands; 12 billion in ANWR. Then add in oil shale: 800 billion just in Wyoming and neighboring states. As IBD sums it up: “When you include oil shale, the U.S. has 1.4 trillion barrels of technically recoverable oil, according to the Institute for Energy Research, enough to meet all U.S. oil needs for about the next 200 years, without any imports.”

These estimates are almost sure to rise over time—to anywhere from three or four to twenty or twenty-five times as much. Those are the ranges of error on past official estimates of recoverable oil. Here is what Robert Bradley Jr. calculated back in 2000 for the carbon-based energies:
Proved oil reserves today are estimated to be fifteen times greater than the original 1948 estimate despite interim production of eleven times this amount. World natural gas reserves in the last thirty years have increased almost five-fold despite interim production that has been 80 percent above the 1967 estimate. World coal reserves today are estimated to be over four times the amount calculated nearly a half-century ago.[1]
So, which is it, Mr. President? Did you know these facts? Or did your advisors mislead you? One way or the other, the outcome was that you misled the American people—not slightly, but grossly.

One of Obama’s Democratic predecessors, Harry Truman, famously kept a sign on his desk in the Oval Office: “The buck stops here.”

Misinformed, or misinforming, either way, Mr. Obama is responsible. If he won’t embrace that responsibility, the American people should impose it on him.
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[1] Robert Bradley, Julian Simon and the Triumph of Energy Sustainability (Washington: American Legislative Exchange Council, 2000), p. 31.


You Are Invited!

Keynote Speaker: Renowned author and theologian Dr. Wayne Grudem, Research Professor of Theology and Biblical Studies at Phoenix Seminary, will speak on Biblical foundations for environmental stewardship. Dr. Grudem is a past president of the Evangelical Theological Society and a leading thinker on social and political applications of the Christian faith, speaking frequently and around the world. He will be signing copies of his most recent book, Politics—According to the Bible. Before moving to Phoenix Seminary in 2001, he taught for twenty years at Trinity Evangelical Divinity School. He was a member of the Translation Oversight Committee for the English Standard Version of the Bible and General Editor for the ESV Study Bible.

Host: Cornwall Alliance Founder and National Spokesman Dr. E. Calvin Beisner will speak on recent and planned Cornwall Alliance projects and the threats and opportunities related to environmentalism facing the Christian church today. Before starting the Cornwall Alliance in 2005, Dr. Beisner taught at Covenant College (1992–2000) and at Knox Theological Seminary (2000–2008). Among his eleven books on theology, apologetics, Biblical studies, economics, and ethics are Prospects for Growth: A Biblical View of Population, Resources, and the Future (1990), Man, Economy, and Environment in Biblical Perspective (1994), and Where Garden Meets Wilderness: Evangelical Entry into the Environmental Debate (1997).

Master of Ceremonies: Mr. Lee Webb serves as the news anchor for The 700 Club, the news/magazine flagship program of The Christian Broadcasting Network. A veteran journalist and Christian leader, he also anchors CBN Newswatch, a 30-minute daily program, and hosts frequent special programs, especially on the intersection of the Christian faith and society. As a veteran in the television news business, Lee brings a wealth of expertise and credibility to CBN News. In addition to his career in broadcast journalism, Mr. Webb is an elder in the Presbyterian Church in America (PCA) and served as a captain in the Florida Army National Guard, deploying to Central America twice and Saudi Arabia during Operation Desert Shield.

When? Registration and Reception, 6:30 p.m., Dinner 7:15 p.m., Friday, April 20, 2012
Where? Fairview Park Marriott, 3111 Fairview Park Drive, Falls Church, Virginia
Please RSVP by April 13, 2012
Register online at http://www.ministrysync.com/event/home.php?e=4205 or by phone at 703-569-4653.
There will be an opportunity to give financially at this event.

Join us, and help us launch the Cornwall Alliance to new heights of service and praise to God the Creator and Sustainer of all creation!



Cornwall in the News

Pro-Life Pastor's Corner & One News Now Feature Cornwall Critique of Cizik Family Planning Initiative
Pro-life Pastor’s Corner featured Cornwall National Spokesman E. Calvin Beisner, article from last week’s newsletter. An article by One News Now on Richard Cizik’s family planning campaign features Dr. Beisner.

Al Gore Is a Fraud and Refuses to Debate Global Warming

Former Thatcher government science advisor Lord Christopher Monckton explained on the Michael Coren Show on Canada’s CTS Television two years ago “how Al Gore and people on the left refuse to debate global warming. Al Gore is happy however to collect his $300,000 dollar speaking fee. He also explains that the government is very much a monopoly in providing funds to further promote a one-sided view of this issue.”

Tips for Earth Stewards

Simple things you can do to make the earth more fruitful, beautiful, and safe.

One of the first major achievements of the developed world was removing waste, garbage, and other health hazards from population centers. In the developing world trash lies everywhere, and the smell of rotting or burning food and waste lingers constantly in the air. Trashcans, sewers, and workers to remove waste are necessary, but caring Christians can help. Two or three volunteers with rake, shovel, and wheelbarrow could clean many sites in less than an hour. Make sure your trash gets to the trashcan. Be a proactive steward by cleaning your environment, starting with your house and expanding to your immediate neighborhood. Adopt-a-highway programs and neighborhood cleanup programs are extensions of this principle. It is easy to say, "Let someone else deal with it," especially if strewn trash wasn't our doing, but Christians should be in the habit of mitigating the sins of others. Be careful to protect your own health when you clean areas that fall in your dominion.


Fun Facts for the Week

Energy fact of the week: Who gets the most subsidies? (Steve Hayward, American Enterprise Institute, March 14, 2012)
“[T]he U.S. Senate voted down reviving the production tax credit for wind power, but also voted down Senator Jim DeMint’s sweeping proposal to do away with all energy subsidies for everybody—fossil fuels, wind power, solar power, biomass–the whole smash.” Subsidies for oil and gas are minimal compared to wind and solar, especially when compared to the size of the respective industries. “Wind’s subsidy is 40% of the wholesale cost. This would work out to $50 per barrel in the oil industry. Instead oil gets 5 cents.” More here, here, here, and here.

Recent Significant Developments

Religion & Ethics

How Engineering the Human Body Could Combat Climate Change (Ross Andersen, The Atlantic, March 12, 2012)
Reminiscent of “A Brave New World,” or, perhaps, the Eloi from “The Time Machine,” professor S. Matthew Liao, professor of philosophy and bioethics at New York University, has released a paper suggesting means of genetically engineering mankind to be more “environmentally friendly.” Asked why engineering physically smaller, preferentially vegetarian humans would be beneficial to the environment, Liao replied, “Well one of the things that we noticed is that human ecological footprints are partly correlated with size. Each kilogram of body mass requires a certain amount of food and nutrients and so, other things being equal, the larger person is the more food and energy they are going to soak up over the course of a lifetime.” More here.

The Authoritarian Impulse and Climate Change (Donna Lamframboise, NoFrakkingConsensus.com, March 13, 2012)
The March 7 Cornwall Newsletter featured a story about the double standard of ethics from climate alarmists, namely that Machievellian ethics are acceptable in their view. Well-known climate alarmists David Suzuki wrote an article for the Huffington Post called “Deny [Climate] Deniers Their Right to Deny.” This would be known as Argumentum ad Baculum, argument to the stick; if I can’t win by logic I’ll win by killing/beating/suppressing you.

Law, Regulation, & Litigation

Poland opposes EU environment ambition (Gariela Baczynska and Barbara Lewis, Reuters, March 7, 2012)
Poland may break rank with the EU by vetoing a proposed carbon reduction by 2050. This comes as no surprise, since Poland has just started to produce its own energy by hydraulic fracturing, and its economy is growing. More here, here, and here.

Alexander: “It’s Time to End Big Wind’s Big Loophole” (Sen. Lamar Alexander [R-TN], March 15, 2012)
The wind industry has received $27 billion in federal subsidies over 10 years in the form of production tax credits. The return on investment has been paltry. Wind turbines have also been given grace on issues that other larger, more important industries have not, such as harm to endangered birds. If we are looking for cleaner energy, we ought to look first to nuclear, which emits almost no carbon dioxide. If wind were to generate the same power as nuclear energy in America, an area the size of West Virginia—25,000 square miles—would be covered in turbines. More on the battle for nuclear energy in America here and here.

Politics & Debate

Reviews of Michael Mann’s The Hockey Stick and the Climate Wars
In devastating reviews here and here, Brandon Shollenberger documents self-contradicting, misuse and misrepresentation of sources, fabrications, and additional serious errors in Michael “Hockey Stick” Mann’s new book. Anne Jolis also finds Mann’s work wanting in her review in the Wall Street Journal.

Natural Gas Bill Driven Forward By Harry Reid–T. Boone Pickens Ties (Mike McAuliff and Ryan Grim, Huffington Post, March 13, 2012)
The NATGas Act (or as the Competitive Enterprise Institute’s Myron Ebell calls it, the “Pickens Payoff Plan”) failed to get the 60 votes needed to pass in the Senate last week. This article, published before the vote, reveals some of the corrupting political and money ties involved in it and all other rent-seeking arrangements (subsidies, tariffs, many licensing schemes). It illustrates well why The Cornwall Alliance opposes all subsidies and other forms of government favors to any businesses. Let consumer choice, not politicians bought and paid for by donors, determine what businesses thrive, and what businesses fail. More here and here.

Understanding the Global Warming Debate (Warren Meyer, Forbes, March 9, 2012)
“Likely you have heard the sound bite that ‘97% of climate scientists’ accept the global warming “consensus”. … So why do … ‘deniers’ stand athwart of the 97%? … [W]e need to ask ourselves what actual proposition do the 97% of climate scientists agree with. And, we need to understand what it is, exactly, that the deniers are denying. It turns out that the propositions that are ‘settled’ and the propositions to which some like me are skeptical are NOT the same propositions. Understanding that mismatch will help explain a lot of the climate debate. …”

Food & Agriculture

Effects of pH on Early Embryonic Development in Pacific Oysters (Gazeau et al., PLoS ONE, January, 2011)
“Gazeau et al. conclude… ‘the effects of ocean acidification on larvae of [Pacific Oyster sp.] from the Oosterschelde estuary during the first three days of development are not significant as long as CO32- concentrations remain above [Calcium Carbonate] saturated conditions.’ And they add that ‘due to relatively high levels of total alkalinity in this area, it is not expected that seawater will become corrosive for [Calcium Carbonate crystals] following a decrease of 0.3 to 0.4 pH unit,’ which is to be compared with the 0.1 decrease in pH that is believed to have occurred since before the beginning of the Industrial Revolution and the present point in time.”

Science & Ecology

Has CO2 Driven Recent Global Warming? See for Yourself
The graph on the left depicts the steady rise in atmospheric CO2 concentration as measured at Mauna Loa in Hawaii, 1959–2011. It’s adapted (by the addition of the perpendicular line identifying 1979 to help viewers compare it with the graph on the right) from NOAA. The graph on the right depicts global average temperatures as measured by NASA satellites, 1979–February 2012. If CO2 concentration is driving global temperature, there should be a close correlation between the 1979–2011 parts of the curves. Is there?


Climate Change Impacts In The USA are Already (NOT) Happening (Craig Loehle, WattsUpwithThat.com, March 8, 2012)
Climate alarmists often claim increasingly frequent and severe weather events as proof of catastrophic, anthropogenic global warming. By doing so, they generate fear as a motive for supporting poverty-causing energy policies and political arrangements that undermine national sovereignty. But the actual records of ocean acidification, sea level rise, temperature increase, algal blooms, storm frequency and intensity, etc., fail to justify the fears. More here, here, and here.

Economics & Energy

The High Cost of Renewable-Electricity Mandates (Robert Bryce/Manhattan Institute, February 2012)
“…[W]e have compared the costs of electricity in RPS [Renewable Portfolio Standards] and non-RPS states, using price information from the EIA. Our analysis has revealed a pattern of mostly higher costs in states with RPS mandates:
  1. In 2010, the average price of residential electricity in RPS states was 31.9 percent higher than it was in non-RPS states. Commercial electricity rates were 27.4 percent higher, and industrial rates were 30.7 percent higher.
  2. In the ten-year period between 2001 and 2010—the period during which most of the states enacted their RPS mandates—residential and commercial electricity prices in RPS states increased at faster rates than those in non-RPS states.
  3. Of the ten states with the highest electricity prices, eight have RPS mandates.
  4. Of the ten states with the lowest electricity prices, only two have RPS mandates.
  5. Sixteen of the 18 states with residential rates that are higher than the 2010 U.S. average residential rate are RPS states.
  6. Nineteen of the 21 non-RPS states have residential rates that are below the U.S. average.”


Why Are Gasoline Prices High (And What Can Be Done About It)? (Kenneth Green, American Enterprise Institute, March 11, 2012)
A majority of Americans are feeling “the energy pinch” as gasoline costs cut further into their budgets. But many fail to see the problem, believing a release of some of the oil in the Strategic Petroleum Reserve (more here, here, and here) will solve the problem. The problem with oil prices is that the collective global governments are increasingly unfriendly to procurement of new energy reserves, taxation is high, regulations don’t allow markets to meet demands as freely as desired, there are fewer refineries to deal with overall increases in oil supply, the dollar is continuously devalued, and speculators are wary of a gloomy future. All of these problems are interconnected to government control and fear of environmental catastrophe.

Resisting the Green Dragon

Order Resisting the Green Dragon for Church, School, or Small Group

More and more churches and other groups are using Cornwall Alliance’s groundbreaking 13-part video series around the country. With its printable discussion guide, it provides full curriculum for a Sunday school quarter. The accompanying book helps teachers and others dig deeper.

Join Cornwall Alliance Facebook Group Page

To keep up with relevant developments, join Cornwall Alliance’s Facebook Group page, where we and group members will post and discuss items daily.

Landmark Documents from the Cornwall Alliance


E. Calvin Beisner, Ph.D., Founder and National Spokesman
Cornwall Alliance for the Stewardship of Creation

Information in this newsletter is for scholarly and educational use only and may not be copied or reproduced for any other purposes without prior permission of the copyright holders.

 

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