Which is more important to you? Actual people or big animals?

Where do you see more value in the following pictures? Which is more important? Both of the following photos courtesy of DollarPhotoClub.com.

 

Luftbild von Husern in Botswana
Luftbild von Husern in Botswana

 

Elephant

 

Actions have consequences. What seems like a good policy often causes more of the harm you wanted to prevent.

If you want to stop big game hunting, the unintended consequences include increasing the amount of farmers’ crops that get gobbled up by elephants and increasing the amount of ranchers’ livestock that gets gobbled up by lions. Villagers will be poorer.

I have previously discussed this issue:  If you want to increase the number of large animals like elephants and rhinos, allow them to be privately owned and hunted.

Two years ago Botswana banned trophy hunting of big game animals. Since then the number of conflicts between big animals and humans has soared.

There are huge numbers of large animals in Botswana, which previously were managed as a public resource, with hunting intentionally managed and much of the fees shared with local villages.

The New York Times provides the details on 9/12: A Hunting Ban Saps a Village’s Livelihood. The NYT of all places. It is amazing to me that their editors even allowed the story to run.

One quoted person said he has lost 30 goats since the hunting ban went into effect, elephants have destroyed his maize and sorghum fields, his family no longer gets some of the big game meat the trophy hunters used to leave behind, and falling income for the village from hunting fees have ended his mother’s $200 a year pension. He and his family have suffered as a direct result of the ban.

Continue reading “Which is more important to you? Actual people or big animals?”

Higher volatility of Bakken crude is not cause of spectacular explosions

Photo of empty oil train returning to North Dakota to pick up another load of crude oil. Photo by James Ulvog.
Photo of empty oil train returning to North Dakota to pick up another load of crude oil. End of the train is not visible around the curve. Photo by James Ulvog.

It is the volume of oil released in a railroad derailment that is the reason for massive fires we’ve seen in the headlines over the last few years, not the slightly higher volatility of crude from the Bakken shale oil.

9/23 – Minot Daily News print copy, from Bismannews – Oil company officials laud findings on crude oil volatility – Research from Dept of Transportation, Dept of Energy, and Federal Railroad Administration point toward the amount of fuel spilled as the biggest factor in whether an accident involving crude oil results in a fire or explosion. Volatility of oil is not the cause.

Continue reading “Higher volatility of Bakken crude is not cause of spectacular explosions”

Do you want to help lift another billion people out of dirt eating poverty or do you want to feel good about yourself?

Image courtesy of DollarPhotoClub.com
Image courtesy of DollarPhotoClub.com

Glenn Reynolds at Instapundit on 9/24:

If your goal is to lift people from poverty, capitalism does what nothing else does. So, if that’s your goal, you should support capitalism.

On the other hand, if your goal is to feel good about yourself,  then choose another economic system.

Help people get out of poverty or feel good about yourself – economic policies and positions tend to do one or the other, not both. Which do you choose?

Bald eagle in the wild

 

Photo courtesy of DollarPhotoClub.com. I'm nowhere near a good enough photograph to get a shot like that.
Photo courtesy of DollarPhotoClub.com. I’m nowhere near a good enough photograph to get a shot like that.

During my trip to Williston last week, I saw my first bald eagle in the wild. Awesome! Our one week vacation is why I’ve not been posting much. Have lots of posts planned and a few hundred new photos.

We were driving on a road about 13 miles north and 8 miles west of Williston taking pictures of wells and abandoned farm houses (yes, now that you mention it, I do in fact have some weird pastimes while on vacation).

I was surprised when a large bird took flight about 20 or 30 feet off the side of the road about 30 or 40 feet ahead of us. As it flew away to our front I realized how big it was and as it turned the white tail feathers and a white head showed.

Continue reading “Bald eagle in the wild”

Exact count of the number of trees on the planet was only off by a factor of 8

Image courtesy of DollarPhotoClub.com

Image courtesy of DollarPhotoClub.com

In need of a hearty laugh? Consider this:

9/4 – Los Angeles Times – We finally know how many trees there are in the world – Until this week, scientists knew there were 400.25 billion trees on the earth. That level of precision tells us the scientists knew to within one-hundredth of one percent how many trees exist. They are confident of their count plus or minus one tree out of every 40,000.

Except they were wrong.

New analysis with much more detailed technology allows calculation that there are 3.04 trillion trees. That would be 3,040 billion. Not 400B, but 3,040B.

Continue reading “Exact count of the number of trees on the planet was only off by a factor of 8”

EPA’s rules on methane emissions would be a drag on economy

The EPA has proposed rules to require shale gas drillers to reduce leaked methane more than drillers have already accomplished.

8/21 – Mark Mills at Forbes – EPA’s Methane Policy: Statistically Trivial For The Planet and Terrible For The Economy – The EPA’s rules, if burdened on the economy, would be trivial in terms of reducing greenhouse gases. Methane is natural gas. Article emphasizes the natural part – there are a huge number of sources of methane occurring naturally. Cows, termites, landfills, wetlands, and agriculture all produce massive amounts of methane. Teenage and adult human males have even been known to produce some.

Continue reading “EPA’s rules on methane emissions would be a drag on economy”

Update on the astoundingly wide open and possibly lucrative frontier of publishing. Want to write a book? Anyone can.

Image courtesy of DollarPhotoClub.com
Image courtesy of DollarPhotoClub.com

One of the most amazing open frontiers today is the ability of anyone to publish a book and get it on the market. If you have ever wanted to write a book and see in print, you can do so easily and oh so inexpensively. The wide open doors to opportunity are right in front of you.

Lots and lots of people are publishing. No longer are huge New York publishers an insurmountable barrier for unknown writers.

9/15 – The Arts Mechanical – How To Win the Battle and Lose the War – Huge battle last year was between Amazon and Hachette. Amazon wanted to deliver books at prices customers were willing to pay. Hachette wanted to price e-books far higher, near the same level as print.

Continue reading “Update on the astoundingly wide open and possibly lucrative frontier of publishing. Want to write a book? Anyone can.”

The oil boom in North Dakota has been a horrible, terrible, awful thing for government agencies in the state – part 2

Image courtesy of DollarPhotoClub.com
Image courtesy of DollarPhotoClub.com

 

Yesterday I started explaining how an article at McClatchy DC on 9/9, Oil boom a loser for North Dakota cities, counties, study finds, had enlightened my previous ignorance.  I now realize the worst thing about the oil boom in North Dakota is that city and county governments have actually found themselves under fiscal pressure. I had not know that before reading this article. In fact, as I explained yesterday, I was not aware of any governmental agency anywhere at anytime that had not been able to fund all desired projects. Only in North Dakota and only because of the oil boom has that happened.

Sarcasm alert

Do I need to repeat my sarcasm alert from yesterday? If that would help, please read the opening paragraph.

Housing shortage hits local governments hardest

The article explains to us that Williams County government actually had to buy apartments in order to provide housing in order to get people to go to work for them.

Employer provided housing. In North Dakota. Wow. That is breaking news to me.

Continue reading “The oil boom in North Dakota has been a horrible, terrible, awful thing for government agencies in the state – part 2”

The oil boom in North Dakota has been a horrible, terrible, awful thing for government agencies in the state – part 1

Image courtesy of DollarPhotoClub.com
Image courtesy of DollarPhotoClub.com

 

(Sarcasm alert!!!! Sometimes ridicule is the only way to deal with foolishness. I dislike sarcasm because it is an unhealthy, corrosive humor. However, there are times when pointing and laughing out loud is the right way to call attention to slanted, agenda-filled bias. Think of all those Hitler-in-the-bunker videos.)

Okay, here we go with the sarcasm…

Ready?

I am so silly.  Ever since I started paying attention to economics back in high school, I thought we wanted to see a booming economy in order to make life better for people. If we could grow the economy, everyone everywhere would have more money and enjoy a better standard of living. Work-a-day average Joes would have better health, more comfort, and a nicer life. I thought that was our goal.

I was so wrong.

Continue reading “The oil boom in North Dakota has been a horrible, terrible, awful thing for government agencies in the state – part 1”

Updates on wide open frontiers – 9/15

Falcon 9 launch. Photo,  in public domain, courtesy of SpaceX
Falcon 9 launch. Photo, in public domain, courtesy of SpaceX.

Several fun updates on the wide open frontiers of technology and private space flight.

First, I’m an accountant that talks to bookkeepers, accountants, and church leaders all day when I’m not sitting at a computer. So it is really cool to look at how stuff is made. Check out the incredible technological capacity and refined skill needed just to make scuba tanks.

Making a Worthington X-Series Steel Scuba Cylinder

[youtube=https://youtu.be/Z8R-I5I1Dgo?t=193]

Then ponder the incredible knowledge that had to be accumulated to make all that happen. Wow.

Hat tip to Beyond the Black. (Link to video: youtu.be/Z8R-I5I1Dgo?t=193)

Drones

Continue reading “Updates on wide open frontiers – 9/15”

Why wind power should be called unreliable energy instead of renewable energy

Operational condition of wind turbines in California for 86% of the time in first quarter of 2015. Image courtesy of DollarPhotoClub.com

Operational condition of wind turbines in California for 86% of the time in the first quarter of 2015. Image courtesy of DollarPhotoClub.com

In addition to being expensive and requiring massive taxpayer subsidies, wind power is also unreliable. On September 3 Marginal Revolution wonders Is there a wind shortage?

Seems that output from US slicer-dicer farms is down 6% in the first half of 2015 even though rated, theoretical capacity is up 9%.  Apparently there has been a six month lull in wind speed.

Wind farms have only realized 33% of their potential capacity instead of the typical 38%, according to the quoted industry leaders.

One wag at the site declared we are harvesting too much wind. We have obviously hit Peak Wind and will now enter an irreversible, unavoidable decline in output. Followup commenter worries our grandchildren will grow up in a kiteless world.

Continue reading “Why wind power should be called unreliable energy instead of renewable energy”

First guess on long term Bakken production

Photo by James Ulvog.
When I see a rig like that, I see another half million barrels of oil. Photo by James Ulvog.

Time to start accumulating predictions for long-term production of crude oil in North Dakota with the huge drop in oil prices during 2015.

Here’s the first data point:

Continue reading “First guess on long term Bakken production”

General update on Williston and Bakken – 9/10

Looking south on Main, construction underway in 10/14. Photo by James Ulvog.
Looking south on Main, construction underway in 10/14. In 9/15, road is torn up a block or two behind where this photo was taken. Photo by James Ulvog.

An update on the number of drilling rigs in the state and several posts on Bruce Oksol’s current visit to Williston.

Here is a recap of the North Dakota rig count, all from Million Dollar Way. Some older data repeated for recent context: Continue reading “General update on Williston and Bakken – 9/10”

Update on marijuana regulation – #19

Image of fake license plate courtesy of DollarPhotoClub.com
Image of fake license plate courtesy of DollarPhotoClub.com

Here are a few articles on the status of legalized marijuana in Colorado. Remember I’m following this issue to see what impact heavy-handed regulation has on a newly legalized industry. Two recent articles and an older one I just found.

8/11 – AP at Bismarck Tribune – Colorado may ban ‘candy’ name on marijuana treats – The state government has proposals out that would require better disclosure that an edible product contains THC. A red stop sign with the letters THC would be required on the label. Candy type items won’t be labeled as candy. Liquids would only be produced in single serving containers.

6/6 – Newsweek – The Unexpected Side Effects of Legalizing Weed – Article labels as unexpected a number of side effects from legalizing recreational use of marijuana in Colorado.

Continue reading “Update on marijuana regulation – #19”

The downside of government services. Postal delivery slowing. Hyperinflation.

image courtesy of DollarPhotoClub.com
Image courtesy of DollarPhotoClub.com

Mail delivery slowing down in the U.S.

Inflation accelerating in Venezuela. (Cross-posted from my other blog, Attestation Update.)

Slowing mail delivery is not just in your imagination….

8/26 – Washington Post – Post Office can’t even meet its own lower standards as late mail soars – The Post Office reduced its goals for delivery time on first class mail. Now an internal report shows a 50% jump in late delivery during 2015 even with the more lax standard. Continue reading “The downside of government services. Postal delivery slowing. Hyperinflation.”