Frac’ing Goes Green

By David Middleton – Re-Blogged From WUWT

This morning, Charles passed a couple of articles on to me about electric fracking. One was from a WUWT Tip submission by RonPE and the other was in an email he received. My first thought was that it might be referring to the use of microwaves to free kerogen from oil shale… Alas, it was just referring to regular old frac’ing using gas turbines, rather than diesel engines to run the pumps.

From The Houston Carbuncle

BUSINESS // ENERGY
Baker Hughes chooses Permian Basin to debut ‘electric frack’ technology

Sergio Chapa April 30, 2019

Houston oilfield service company Baker Hughes is using the Permian Basin in West Texas to debut a fleet of new turbines that use excess natural gas from a drilling site to power hydraulic fracturing equipment — reducing flaring, carbon dioxide emissions, people and equipment in remote locations.

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Nonmonetary Cause Of Lower Prices

By Keith Weiner – Re-Blogged From Gold Eagle

Over the past several weeks, we have debunked the idea that purchasing power—i.e. what a dollar can buy—is intrinsic to the currency itself. We have discussed a large non-monetary force that drives up prices. Governments at every level force producers to add useless ingredients, via regulation, taxation, labor law, environmentalism, etc. These are ingredients that the consumer does not value, and often does not even know are included in the production process. However, these useless ingredients can get quite expensive, especially in industries that are heavily regulated such as health care.

What Force Pushes Prices Down?

There is another non-monetary force, and this one is pushing prices down. Producers are constantly finding useless ingredients that they can remove. In the research for his Forbes article on falling wages, Keith discovered that dairy producers found ways to eliminate 90% of the ingredients that go into producing milk between 1965 and 2012. For example, they reduced by two thirds the labor hours that support each cow.

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New Idea Could Revolutionize the Electric Power Industry

Re-Blogged From WUWT

University of Cincinnati researchers have developed a more efficient air-cooling system for power plants

University of Cincinnati researchers say they have found a solution to one of the biggest environmental problems facing the energy industry: water consumption.

The William H. Zimmer Power Station, located near Moscow, Ohio, is a 1.35-gigawatt (1,351 MW) coal power plant. Planned by Cincinnati Gas and Electric (CG&E) draws cooling water from the Ohio River.

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Vision

By Leronard E ead – Re-Blogged From FEE

Where there is no vision, the people perish.

—PROVERBS 29:18

Vision is the blessing of foresight, but it has no chance of realization without its companion blessing, insight. In the absence of these twin attainments—each within our reach—the people perish, that is, they vegetate rather than germinate, stagnate instead of growing in awareness, perception, consciousness. Vision, therefore—the power of penetrating to reality by mental acuteness—must be developed if our role in human destiny is to be fulfilled.

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This Robotic Warehouse Fills Orders in Five Minutes, and Fits in City Centers

By  – Re-Blogged From Singularity Hub

Shopping is becoming less and less of a consumer experience—or, for many, less of a chore—as the list of things that can be bought online and delivered to our homes grows to include, well, almost anything you can think of. An Israeli startup is working to make shopping and deliveries even faster and cheaper—and they’re succeeding.

rows of shelves goods in boxes modern industry

Apple must show what’s next after iPhone X

By Vitaliy Katsenelson – Re-Blogged From http://contrarianedge.com

The iPhone X is likely to be a phenomenal success for Apple. But its success will not be driven by anything new that the new phone packs inside. Instead, its success will be based on the phone’s screen size. Essentially, iPhone X provides the same screen real-estate as an iPhone Plus, but with the sleeker form factor of the iPhone 7 or 8.

Apple has done a great job at changing the paradigm of our thinking about the iPhone. If you only care about making phone calls, then an iPhone 4 is good enough. Why pay for more? You probably don’t even need to upgrade your phone for years, as long as the battery keeps holding its charge. However, for most, the actual “phone” function is the least important of the iPhone.

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How to Rebuild a First World Economy

By David Hunter – Re-Blogged From iPatriot

We’ve indulged in this fiction that we can build a vibrant economy by deregulating the financial sector, and cutting taxes, and putting off investments in things like infrastructure and education and our kids. But we can’t anymore. And now we have to ask the question about what really went wrong.” Sen. Elizabeth Warren (D-MA), from Rana Foroohar’s “Makers and Takers” (2016)

To solve this pressing and systemic problem, the last place to look for insight is to any big government progressive like Elizabeth Warren. Likewise, to her fellow travelers of Congress’s spendthrift establishment (of both parties). In truth, the insulated beltway bubble has no clue regarding what fundamentally remains wrong with America’s economy.

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