Environment

Authored by Tsvetana Paraskova via OilPrice.com,

Oil companies have recently focused on frontier exploration drilling in the Barents Sea offshore in Norway, neglecting the powerhouse of the Norwegian oil industry, the North Sea.

Exploration activity in the North Sea - the most mature area of Western Europe’s biggest oil producer - is at an 11-year low this year, which is a concern for the industry’s regulator, the Norwegian Petroleum Directorate (NPD).

In a move that appears to validate Joint Chiefs Of Staff Chairman Joseph Dunford’s concerns about China’s strategy of slowly expanding its territorial and military footprint in the Pacific, the Chinese government unveiled on Sunday a “magical” island-building ship on the eve of Donald Trump’s visit in a move likely to renew fears about its claims to territory in the South China Sea, the Financial Times reported.

"This assessment concludes, based on extensive evidence, that it is extremely likely that human activities, especially emissions of greenhouse gases, are the dominant cause of the observed warming since the mid-20th century. For the warming over the last century, there is no convincing alternative explanation supported by the extent of the observational evidence.:

           - from "Highlights of the Findings of the U.S. Global Change Research Program Climate Science Special Report", Nov. 3 2017

Poor Monsanto just can't catch a break these days. 

Just yesterday we noted that Monsanto's RoundUp replacement, Dicamba, was causing outrage in the ag community as state regulators all across the country were suddenly being flooded with reports from farmers saying the product is increasingly becoming airborne and killing crops far away from the fields where they were actually applied.  Ironically, farmers don't like their livelihood being wiped out by a neighbor's spray drift...go figure.

Back in June, we explained how a demographic dysphoria looms for Central Bankers as doctors discovered sperm counts in western men have plummeted nearly 60% over the last four decades.

In an era of depopulation, Econimica’s Chris Hamiliton noted, the next business cycle recession will be unending and is very likely to run years into decades and perhaps a century or more.