Friday, June 20, 2008

EF Hutton: In "China Fuel Prices" (June 19) Peter Boockvar called this a "major problem" for China

EF Hutton: In "China Fuel Prices" (June 19) Peter Boockvar called this a "major problem" for China


Get All the CNBC Bonus Bucks Answers Everyday at EF Hutton






CNBC.com Web video: In "China Fuel Prices" (June 19) Peter Boockvar called this a "major problem" for China:






Thursday, June 19, 2008

Americans drive 4.5 billion fewer miles in April

Interesting trend. It will be interesting to see how this effects oil imports and retail sales in the months ahead.
clipped from www.breitbart.com
Americans drove around 4.5 billion fewer miles in April compared with the same month last year, marking the lowest mileage clocked on US roads for the month since 2003, a report showed Thursday.
The Federal Highway Administration (FHA) said in its monthly report that the number of vehicle miles driven in the United States fell by 1.8 percent, to 245.9 billion, based on preliminary data from the state highway authorities across the United States.
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Obama "The Country I Love"

clipped from my.barackobama.com
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Warming = More Harmful Climate Extremes

The first thorough federal review of research on how global warming may affect extreme climate events in North America forecasts more drenching rains, parching droughts (especially in the Southwest), intense heat waves and stronger hurricanes if long-lived greenhouse gases continue building in the atmosphere.

The report is distinct from last month’s federal review of specific impacts of warming on agriculture, ecosystems, coasts and the like in the United States, focusing instead on how weather patterns will change.

The report, Weather and Climate Extremes in a Changing Climate, is online at climatescience.gov. The biggest impacts of global warming will be from the shifts in the frequency and duration of extreme events, not the slow rise in the average temperature, it concluded.

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Seas Rising and Warming Faster Than Realized

On a very busy climate-oil-politics day I was able to just squeak in a short print piece last night on a new study in the journal Nature clarifying what’s happening with the oceans in a heating world (the heat held in by a building greenhouse blanket has largely accumulated in the oceans and physics demands that it will eventually add to atmospheric warming).

As you may be aware, those rejecting the enormous body of evidence pointing to a growing human influence on climate had embraced some transitory findings implying that the oceans were cooling.
The study, by Australian and American researchers, reviewed millions of measurements of ocean temperatures
shows that the rate at which seas warmed and rose between 1961 and 2003 was about 50 percent greater than previous estimates
the change in rate is what is important, the experts said, because it implies greater coastal retreats than anticipated last year by the Intergovernmental Panel on Climate Change.
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Nuclear Dreams: Will the Next Atomic Age Ever Come?

clipped from blogs.wsj.com

While President Bush picked up the offshore-drilling gauntlet yesterday, senator John McCain returned to the charge on nuclear power. He called for the construction of 45 more nuclear reactors by 2030—or a roughly 50% expansion of the current U.S. nuclear reactor fleet.

Now that public support for the stuff appears to be growing, how realistic is Sen. McCain’s faith in nuclear power?

For the folks at the Worldwatch Institute, not very. The D.C.-based environmental thinktank just produced a scorecard on nuclear power’s progress around the world: It’s growing one-tenth as fast as wind power. Last year, just 2 gigawatts of new nuclear power were brought on line, or a 0.5% increase over the world’s existing nuclear capacity.
That’s without mentioning one big bugbear facing nuclear power in the U.S.—what do with all the toxic waste. There’s also the question of where to get the fuel from to run the reactors.
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The Doctor Will See You on the Webcam Now

Depending on cost this might work very well for people without health insurance. Many illnesses require a simple prescription for an antibiotic.

Many people I know can't get into a doctor on the first day when they start feeling ill. As a result, the lack of immediate treatment and a prescription drug causes the illness to linger and lengthens the recovery time.

This is an interesting counterpoint to retail clinics and behind the counter generic antibiotics.
clipped from blogs.wsj.com
To the Health Blog, American Well sounds like a company that’s selling doctor visits via webcam. But Roy Schoenberg, the CEO, tells us we don’t get it.
“The fact that you can engage in a Web video chat with a provider is a nice exercise, but it’s not the fundamental offering of the system,” is how he put it in a recent conversation.

The company’s business model is to partner with insurers, who agree to reimburse in-network doctors for patient e-visits. Docs who choose to work with American Well can sign on whenever they want and see patients who are looking for an online visit.

Today, the company announced its first big customer: HMSA, Hawaii’s Blue Cross Blue Shield provider, which has just under a million members and is the state’s biggest insurer.

The visits are reimbursed through relatively new standardized billing codes that allow docs to get paid for electronic visits. The insurer pays the doc, and American Well takes a cut. The company also charges an up-front licensing fee.

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