posted by Paul Hamill on March 21, 2012 at 11:19 am
SETH BORENSTEIN and JACK GILLUM / Associated Press
It’s the political cure-all for high gas prices: Drill here, drill now. But more U.S. drilling has not changed how deeply the gas pump drills into your wallet, math and history show.
LOLITA C. BALDOR / Associated Press
Deep in the piney woods of western Louisiana, a mob of Afghans gathers at the gate of what looks like a typical government building in southern Afghanistan.
Nidhi Verma and Luke Pachymuthu / Reuters
Indian oil buyers are asking Iran to bear the insurance risk for transporting its crude as tighter Western sanctions make it more difficult to buy Tehran’s principal export, industry sources said on Wednesday.
Eric Hand/ Nature
The world’s largest laser has just put a little more zing in its zap. On 15 March, the 192 laser beams of the National Ignition Facility (NIF) at Lawrence Livermore National Laboratory in Livermore, California, fired a record 1.875-megajoule shot into the laser’s target chamber, surpassing its 1.8-megajoule design specification. The shot, which was just a demonstration and did not incorporate a target, nonetheless represents a milepost in an effort to get past the break-even point — ignition — in coaxing fusion energy from a tiny frozen fuel pellet.
High-gain nuclear fusion could be achieved in a preheated cylindrical container immersed in strong magnetic fields, according to a series of computer simulations performed at Sandia National Laboratories.
Clyde Prestowitz / FT
As the director of President Reagan’s strike force against unfair trade, I targeted Airbus subsidies and a variety of Japanese trade barriers. Although we achieved positive results in specific cases, in a broader sense we got nowhere. Airbus still found ways to get subsidies and Japan remained largely impervious to imports.
The increasing influence of a conservative circle within President Hamid Karzai’s palace has impeded progress in signing a crucial strategic agreement with the US to chart the relationship beyond 2014, officials and analysts have said.
A BBC article was just published discussing the new trade dispute the US has filed against China for its monopolization of the rare earths market (rare earths are of strategic importance to the US, check out ASP’s February 2011 report)
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