I came across this story today. Apparently, the Russians want to build a 65 mile tunnel under the Bering Straight to connect Russia and Alaska. the intended use will be freight transportation to the tune of 100 million tons of goods per year.
Category Archives: North America
Let me introduce you to the United States Bureau of Ocean Energy Management, Regulation and Enforcement. They are the branch of the Department of the Interior tasked with overseeing the safe management of the nation’s mineral wealth on the Outer Continental Shelf. When the Deepwater Horizon rig blew up in April 2010, it was BOEMRE that should have been overseeing the whole process. In the wake of the Deepwater Horizon catastrophe, President Obama suspended the auction of drilling rights in the Gulf of Mexico.
The United States retains mineral rights, generally speaking, for land that lies under the surface of the ocean up to about 200-250 miles from the coast – though there’s a whole process of law for determining the exact extent of U.S. territorial claims at any given point. The government leases rights to mineral companies to develop tracts of land. These leases are generally auctioned off to the highest bidder. The way the system is supposed to work is that a company, say BP, is supposed to bid on the rights to develop a given tract of land (or ocean floor). If BP wins, they are supposed to then proceed with the development of those tracts and begin to extract the mineral wealth below, say oil. However, companies will often bid on and win these lease contracts at very low prices and then instead of developing them, simply hoard them. In response to this hoarding, the BOEMRE has instituted new rules that will go into effect when the U.S. resumes lease auctions in December. One of these new rules includes upping the minimum bid price to $100 per acre for tracts in water depths of 1,300 feet or more; up from a previous minimum of $37.50. The $100 price point is important as this is the price under which the BOEMRE found oil companies were more likely to hoard rather than develop. The minimum bid for tracts in shallower water will remain at $25 per acre.
These tracts, more than 20 million acres in all, are expected to produce between 222 and 423 million barrels of oil and between 1.49 and 2.65 trillion cubic feet of natural gas.
The BOEMRE is currently going through a massive reorganization in response to the Deepwater Horizon tragedy, including the creation of the Investigation and Review Unit. Let’s hope that these reform truly do lead to a more secure, sustainable energy solution. Yes, I know it’s still fossil fuels, but if we’re going to use them, at least we should use them responsibly.
The space shuttle Atlantis arrived home safely from its final mission on July 21. In fact it will be the last mission for any space shuttle. I have grown up with the space shuttle. For me, sending people into space has been, well, routine. And now, for the first time in my life, and for the first time in 30 years, there will be no next mission.
In 1961 John F. Kennedy declared that by the end of the decade, we would send a human to the surface of the moon and return them safely to the Earth. At the time, such a notion was inconceivable and yet just 8 years later, Neil Armstrong took his giant leap for mankind. Remarkably, just 12 years later, we had developed the reusable space vehicle dubbed the space shuttle. The name itself shows the shift in mindset. This vehicle was meant to shuttle people to and from space. There were dangers of course, Challenger and Columbia stood as stark reminders that we still have much to learn. Yet space was no longer some grand horizon, it was now a commuter destination. Space is no longer the realm of Greek gods, Mercury, Gemini, and Apollo. Space is now a place for human Discovery and Endeavour.
All missions must come to an end. My hope is that the shuttle mission is replaced with something more daring, more ambitious. Something that pushes us farther into space. Perhaps something that leads us to a new Atlantis.