New Hampshire Shenanigans Follow Up

The NH House narrowly voted (189 to 184) to pass HB 135 which repeals New Hampshire's stand your ground law. The bill will now go to the Senate where the GOP has a slight majority.

To me, as a 6 decades plus old male with an artificial knee, I will not be able to retreat from ANY confrontation. This law will only embolden criminals who will now think they can confront you with impunity and not worry about the threat of immediate gun fire.

More Counterfeit Stuff

Read about counterfeit USCG approved fire extinguishers here!

USS Miami Follow Up

The guy that started the fire aboard the USS Miami was sentenced last week, He received 17 years and a fine of $400 million. Of course, the fine is mostly symbolic because it's doubtful that he will become Bill Gates rich in federal prison.

Also, given sequester, the Navy is currently evaluating repairs to the boat. Estimates are that repairs could cost $500 million and would give the Miami another 10 years of service. It is doubtful if the boat will be repaired.

All it takes is one nut with a match to affect our national security.

Ocean Engineers Needed

You may not be aware of the role rare earth metals play in modern technology but we would not have the gadgets we find so important if it were not for these obscure elements of the periodic table. The problem is that most of them are in China and the Chinese have leveraged them to drive their own economy. They refuse to export them and forced manufacturers to build plants within China if they wanted to use their rare earth metals.

Now the Japanese have found and alternative source. It 's deep ocean nodules and sea bed mud. This could drive an expansion of sea bed mining and, as these elements are in the deep ocean, it will require a new class of offshore vessel and development of technology to recover these minerals from depths of 15,000 feet or greater. Ocean Engineers will be needed.

Those of you who know submarine history will recall that the CIA used deep ocean mining as the cover story for the Glomar Explorer and their salvage of a Russian submarine.

Gulf of Mexico Lease Sale

The Yankee Government held a lease sale yesterday for offshore tracts in the Gulf of Mexico. Obama was able to add $1.2 Billion, with a "B", to the government cash register. That's in one day. A total of 52 oil companies submitted 407 bids on 320 leases. The high bidders were:

ExxonMobil: 7 high bids totalling $220 million
Shell: 38 high bids totalling $140 million
BHP Biliton: 24 high bids totalling $107 million

Remember, this is money the oil industry is willing pay just for permission to drill. There is no promise of success, no government subsidies and no bailouts. If they find oil or gas, they will then have to fund the development and pay the Yankee Government a royalty for everything they produce. If they get a dry hole, the money is gone.

Can anyone show me a "green energy" company willing to take on those kinds of risks? Well, T Boone did and he lost his shirt.....but he has plenty of shirts he bought with oil money.

Now, think how much more money Obama could get to fund his socialist schemes if he just opened up drilling!

Energy Game Changer Follow Up

An Ocean Engineering friend of mine from Scripps saw my news about the methane hydrate well test and sent me this email.

15 or so years ago, while I was at TAMU, I had an interesting discussion with the lady who headed the DOE research lab in Pittsburgh She was wildly enthusiastic about one of her major research programs --- how to acquire all those methane icecubes on and in the deep offshore sediment. I snorted derisively, which seemed to upset her, and she launched into a sales pitch that included assumptions of huge deposit densities based upon interpretation of (at that time, at least) seismic layering as monster seams of methane hydrate. I made a succinct evaluation of her solution to the energy problem. I boldly stated "Never in my lifetime will you deliver a single cubic foot of gasified methane hydrate into a commercial pipeline". I'm still here and that still holds.

He may be right, and I admit that I still remain skeptical, but I've seen a couple things happen during my career that make me say, "Let's wait and see". One day back in the early 90s we had a visit from the top guy in the E&P organization. He had a meet and greet with the worker bees and I was nominated to attend. During his talk, he was asked about deep water. He responded that he was watching Shell and did not believe their economics. Clearly, we would not follow into deep water developments. Then a geologist asked him about sub salt plays. Evidently, there were big reserves suspected to lie under the massive salt sheath. Seismic could not, at that time, penetrate the salt to see what was under it. He replied that he did not believe in sub salt.

Fast forward about 10 years and deep water developments are the main plays in the Gulf of Mexico. Forward another 10 years and I'm working on a deep water play offshore Brazil that was drilled into.......wait for it........a sub salt reservoir.

So, what are the implications? If hydrates are real, it will mean a continuing supply of cheap, clean natural gas. This could drive a stake into the heart of Green Energy projects by keeping them non-economical for at least another generation. Don't buy any windmill stocks.

As the noted philosopher J. Garcia has said, "What a long strange ride it has been".

More NH Shenanigans

New Hampshire leges will vote on HB 135 on Wednesday, March 20. HB 135 is a bill that eliminates the 2011 provision allowing a person to use deadly force anywhere he or she has a right to be, (negatively) amends the definition of non-deadly force, and repeals the provision granting civil immunity for the use of force in certain circumstances. If you live in NH and want to keep your right to live free, you need to contact your representative.

I'm afraid this is a result of good intentions that will have unintended consequences. But, as Daniel Webster said, "Good intentions will always be pleaded for every assumption of authority. It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters."