Posts Tagged ‘Dispersants’

Toxicologists: Corexit “Ruptures RBCs, Causes Internal Bleeding”, “Allows Crude Oil To Penetrate “Into The Cells” and “Every Organ System”

Toxicologists: Corexit “Ruptures Red Blood Cells, Causes Internal Bleeding”, "Allows Crude Oil To Penetrate “Into The Cells” and “Every Organ System"

Courtesy of Washington’s Blog

As I have previously noted, Corexit is toxic, is less effective than other dispersants, and is actually the damage caused by the oil spill.

Now, two toxicologists are saying that Corexit is much more harmful to human health and marine life than we’ve been told.

Specifically Gulf toxicologist Dr. Susan Shaw – Founder and Director of the Marine Environmental Research Institute – dove into the oil spill to examine the chemicals present.

Dr. Shaw told CNN:

If I can tell you what happens — because I was in the oil — to people…

Shrimpers throwing their nets into water… [then] water from the nets splashed on his skin. …

[He experienced a] headache that lasted 3 weeks… heart palpitations… muscle spasms… bleeding from the rectum…

And that’s what that Corexit does, it ruptures red blood cells, causes internal bleeding, and liver and kidney damage. … 

This stuff is so toxic combined… not the oil or dispersants alone. …

Very, very toxic and goes right through skin.

***

The reason this is so toxic is because of these solvents [from dispersant] that penetrate the skin of anything that’s going through the dispersed oil takes the oil into the cellstakes the oil into the organs… and this stuff is toxic to every organ system in the body. …

Similarly, marine biologist and toxicologist Dr. Chris Pincetich – who has an extensive background in testing the affects of chemicals on fish – says that Corexit disrupts cell membranes.

He also explains that EPA toxicity testing for Corexit is woefully inadequate, since EPA testing for mortality usually only requires a 96-hour time frame. His doctoral research found that fish that were alive at 96 hours after exposure to pesticide were dead at two weeks, so the chemicals were considered non-lethal for the purposes of the test.
 

Drs. Shaw and Pincetich are wildlife conservationists. But even industry scientists working for Exxon and the manufacturer of Corexit itself admit that the stuff is toxic.


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Closing the Hole in the Gulf: A Petroleum Engineer Responds

Closing the Hole in the Gulf: A Petroleum Engineer Responds

Gulf Coast Struggles With Oil Spill And Its Economic Costs

Courtesy of Robert Reich

A petroleum engineer who’s worked in the oil industry tells me BP is doing the minimum to clean up the oil and everything it can to protect its bottom line. According to the engineer, here’s what BP should be doing right now to mitigate the damage. If the President were to put BP into temporary receivership, he’d have the power to get BP to:

1. Stop releasing dispersants. So-called dispersants are toxic, and it’s crazy to add more poison to the Gulf. Dispersants do nothing to assist the environment in naturally cleaning the oil; their main use is PR. They reduce the number of ugly pictures of birds covered in pure black crude. Dispersants break the thick layer of crude into smaller globs, but that doesn’t help the Gulf and its wildlife. Most of the crude just mixes with the water to produce a goop that looks like chocolate ice cream but is highly poisonous.

2. Mobilize every possible tanker to siphon up crude from as close to the leak points as possible. Oil industry leaders as John Hofmeister (president of Shell Oil from 2005 until 2008) have recommended this, but inexplicably neither BP nor the federal government are talking about even trying this idea. BP currently has only one spot where they have inserted a tube into a riser, or pipe, that is leaking oil from the sea floor. The company is gathering the crude oil and siphoning it up to a drill ship for storage.

They should have at least a dozen collectors. BP has 24 tankers that are being used to make money for BP, not for clean-up duty. (President Obama should also use all necessary federal power — or money, and send BP the bill — to put as many tankers and refineries from other companies on the task.)

Gulf Coast Struggles With Oil Spill And Its Economic Costs

Mile-long pipes could be dangled down into the crude spewing from the wellhead and at each breach in the riser pipe, and the tankers could pump the crude mixed with water back into the tankers. They could then separate the crude and water in the tanker, and pump the water out on the spot. This should continue until each tanker is full of oil. The crude should then be taken to a refinery for processing, as other tankers take their place. Submersibles…
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Phil's Favorites

Facebook's Libra cryptocurrency can still take off and revolutionise money

 

Facebook's Libra cryptocurrency can still take off and revolutionise money

Poring Studio / Shutterstock.com

Courtesy of Gavin Brown, Manchester Metropolitan University and Richard Whittle, Manchester Metropolitan University

Facebook’s Libra cryptocurrency has suffered a few setbacks recently. As well as facing ...



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Zero Hedge

Market Spooked By Upcoming "Bad Cop" Pence China Speech

Courtesy of ZeroHedge View original post here.

At roughly the same time that today's Boeing news hit, revealing that instant messages by Boeing employees in 2016 indicated employees misled the FAA about a key safety system on the 737 Max sending both BA stock and the broader market sharply lower as the biggest Dow component tumbled, a second report also hit which added to the risk-off sentiment.

At 12:20pm, Reuters reported that Vice President Mike Pence planned to deliver his second major policy speech on China next Thursday.

...



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Chart School

Gold Stocks Review

Courtesy of Read the Ticker

Gold stocks are swinging back forth between the range, and a break out swing higher is due. Gold stocks are holding a near perfect Wyckoff accumulation pattern. All should get ready to play this sector. Yet we must recognize that gold stocks are a one of the most crazy rides at the stock market fair, so play very carefully.

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GDX PnF chart from within the video

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Important channels around the HUI.
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Insider Scoop

48 Biggest Movers From Yesterday

Courtesy of Benzinga

Gainers
  • Hepion Pharmaceuticals, Inc. (NASDAQ: HEPA) shares climbed 43.2% to close at $3.58 on Thursday after the company announced the publication of a research article, "A Pan-Cyclophilin Inhibitor, CRV431, Decreases Fibrosis and Tumor Development in Chronic Liver Disease Models," in the peer-reviewed Journal of Pharmacology and Experimental Therapeutics.
  • Synthesis Energy Systems, Inc. (NASDAQ: SES) rose 26.9% to close at $9.20 after surging 12.24% on Wednesday.
  • Assembly Biosciences, Inc...


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Kimble Charting Solutions

Bank Index Breakout? Stock Market Bulls Sure Hope So

Courtesy of Chris Kimble

One of the most important sectors of the stock market is the banking industry and bank stocks.

When the banks are healthy, the economy is likely doing well. And when bank stocks are participating in a market rally, then it bodes well for the broader stock market.

In today’s chart, we look at the Bank Index (BKX).

As you can see, the banks have been in a falling channel for the past 20 months. As well, the banks have been lagging the broader market during this time as well – see the Ratio in the bottom half of the chart above.

That said, th...



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The Technical Traders

Currencies Show A Shift to Safety And Maturity - What Does It Mean?

Courtesy of Technical Traders

Recent rotation in multiple foreign currencies hints at the fact that a new stage of the “Capital Shift” process is taking place and that skilled technical investors need to pay very close attention to how these currencies continue to react over the next 3 to 6+ months.  In the recent past, most of the world’s foreign currencies were declining in value while the US Dollar continued to strengthen.  In fact, we authored many research articles about these trends and how weakness in foreign currencies will drive new foreign investment into the US stock markets for two simple reasons; strength and security. 

Now that a few of the world’s most ...



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Digital Currencies

Zuck Delays Libra Launch Date Due To Issues "Sensitive To Society"

Courtesy of ZeroHedge View original post here.

Authored by William Suberg via CoinTelegraph.com,

Facebook is taking a much more careful approach to Libra than its previous projects, CEO Mark Zuckerberg has confirmed. 

“Obviously we want to move forward at some point soon [and] not have this take many years to roll out,” he said. “But ...



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Lee's Free Thinking

Look Out Bears! Fed New QE Now Up to $165 Billion

Courtesy of Lee Adler

I have been warning for months that the Fed would need new QE to counter the impact of massive waves of Treasury supply. I thought that that would come later, rather than sooner. Sorry folks, wrong about that. The NY Fed announced another round of new TOMO (Temporary Open Market Operations) today.

In addition to the $75 billion in overnight repos that the Fed issued and has been rolling over since Tuesday, next week the Fed will issue another $90 billion. They’ll come in the form of three $30 billion, 14 day repos to be offered next week.

That brings the new Fed QE to a total of $165 billion. Even in the worst days of the financial crisis, I can’t remember the Fed ballooning its balance sheet by $165 bi...



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Biotech

The Big Pharma Takeover of Medical Cannabis

Reminder: We are available to chat with Members, comments are found below each post.

 

The Big Pharma Takeover of Medical Cannabis

Courtesy of  , Visual Capitalist

The Big Pharma Takeover of Medical Cannabis

As evidence of cannabis’ many benefits mounts, so does the interest from the global pharmaceutical industry, known as Big Pharma. The entrance of such behemoths will radically transform the cannabis industry—once heavily stigmatized, it is now a potentially game-changing source of growth for countless co...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

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