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Comment Re:Good. (Score 1) 411

Reserves are not production, they are an estimate of what is possible to extract using available technology.

[snippage of a lot of smart stuff]

I'm trying to figure out whether you agree with me or not. You don't have to read my post too closely to see that I'm asserting two points: 1) the global market for oil won't be budged by this "news", and 2) The effect on the CA economy by this "news" will not be felt for a while (if ever).

In any case, my reply to GGP was aimed at debunking the notion that anyone (consumers) will feel an impact at the pump in the short/near term.

If you agree, great! If you were just trying to show off your knowledge, mission accomplished. Otherwise, I've read your reply several times and there doesn't seem to be a direct refutation of my assertions. Try again?

Comment Re:asteroids (Score 2) 24

So theres other parts of it somewhere out there

Slashdot's DRM bot has flagged your post as a violation of the DMCA. Don't EVAR post the last three words of that sentence again, or we will report you to the MPAA. SWAT teams WILL be mobilized.

And (just to be safe) don't even speak the last three words of that sentence, mkay?

(so far, you're safe to think those words, but we're working on that)

Submission + - Patent Troll Reform Dies in the Senate (washingtonpost.com)

VT-802-Software writes: A bipartisan proposal to curb patent trolls was shelved by the chairman of the Senate Judiciary Committee, Patrick Leahy (D-Vt.) Wednesday....

"Supporters of the compromise accuse trial lawyers, universities, pharmaceutical companies and biotech companies for foiling the plan at the eleventh hour."

Submission + - Can Thunderbolt Survive USB SuperSpeed+? (computerworld.com) 2

Lucas123 writes: The USB SuperSpeed+ spec (A.K.A v3.1) offers up to 10Gbps throughput. Combine that with USB's new C-Type Connector, the specification for which is expected out in July, and users will have a symmetrical cable and plug just like Thunderbolt but that will enable up to 100 watts of power depending on the cable version. So where does that leave Thunderbolt, Intel's other hardware interconnect? According to some industry pundits, Thunderbolt withers or remains a niche technology supported almost exclusively by Apple. Even as Thunderbolt 2 offers twice the throughput (on paper) as USB 3.1, or up to 20Gbps), USB SuperSpeed+ is expected to scale past 40Gbps in coming years. "USB's installed base is in the billions. Thunderbolt's biggest problem is a relatively small installed base, in the tens of millions. Adding a higher data throughput, and a more expensive option, is unlikely to change that," said Brian O'Rourke, a principal analyst covering wired interfaces at IHS.

Comment Re:Oil Man wants more money? (Score 1) 182

The theory, at least, is that prices are set by competition and corporate tax rates do not enter into it.

No "theory" is required. There's plenty of empirical evidence that when a local tax is applied to the production of a globally traded commodity, there is virtually no effect on the price of that commodity.

Of course, what happens to the level of production within the tax authority is another matter.

Comment Re:Oil Man wants more money? (Score 1) 182

Or to put it another way: if you raise the taxes of all oil/gas companies, what do you think those companies are going to do next?

That's great, except no one is talking about raising taxes on ALL oil/gas companies. Kaiser's proposal affects the rate levied on producing wells in Oklahoma. The proposal will have virtually no effect on overall oil/gas prices, much less prices at the pump.

Comment Re:Most damaging release yet (Score 5, Informative) 347

Just wait till the markets open tomorrow. NASDAQ down 600-800 points (at least). Nobody sane is going to purchase US-made networking gear for a very long time.

Nah, this won't budge the markets, mainly because this info was released some time ago - and it wasn't limited to router hardware.

The only reason this is being re-reported is to promote Greenwalds's book.

Comment Re:rising water? (Score 1) 784

I know, right?! The fact that the melting of floating ice would have no effect on sea levels must have completely escaped those silly career scientists AND the editors of the journals who are going to publish their research.

Yeah AC, you've got more expertise than Wagner, Joughin, Alley, and (importantly) Mercer when it comes to this sort of thing...prolly more than all of them combined! Thanks for posting.

And thanks for the perceptive moderator who marked parent Insightful. It's another helluva day for science here on slashdot!

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