Wednesday, 26 August 2009

Could Australia Blow Apart the Great Global Warming Scare?

'As the US Congress considers the Waxman-Markey cap-and-trade bill, the Australian Senate is on the verge of rejecting its own version of cap-and-trade. The story of this legislation's collapse offers advance notice for what might happen to similar legislation in the US—and to the whole global warming hysteria.'

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Iran Discovers Vast New Oil Reserves

'Iran has discovered more than 8.8 billion barrels of oil in four layers of reserves in the country's southwestern Susangerd oil field. "These reserves were discovered after drilling through all the new layers of reserves, to a depth of 5,026 meters (16,489.5 ft), and the expected and possible amount of reserves in this field is over 8.83 billion barrels," Iran's Oil Minister Gholam-Hossein Nozari said in a statement on Monday.'

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