It will be hard for a lot of people to believe but energy prices around the globe are in freefall. Some types of crude oil are now so worthless that producers in the United States are paying to have them hauled away.
Oil prices are collapsing because the only way that countries like Saudi Arabia, Russia, Venezuela and Iran can pay their bills is to sell off oil at whatever price they can get. This has effectively broken the back of the Organization of Petroleum Exporting Countries or OPEC - the cartel of oil-pumping countries that once had a stranglehold on the world’s economy.
One reason why OPEC has lost its power is that countries outside such as Russia and the United States can now export as much or more oil than it can. Even if OPEC raises the price all America or Russia needs to do to pull the rug out from under it is to turn up the pump and flood the market with cheap oil.
Fusion of both the hot and cold varieties is suddenly very hot in the world of technology. Some of the biggest names in the technology businesses are investing big money in various fusion schemes, Fortune reported.
Some of the most noticeable names and investments in fusion include:
There is yet another reason why we should invest heavily in next generation energy technologies such as low energy nuclear reaction (LENR), it could prevent political upheaval. Some analysts are now blaming the Syrian Civil War which helped give us ISIS and a massive refugee problem on global warming caused by Greenhouse Gases.
Over at the American Conservative, hardly a left-wing publication, Rod Dreher notes that Syria underwent a catastrophic drought between 2006 and 2011 that essentially destroyed the country’s economy. Dreher thinks the unprecedented drought was caused by global warming. That led to revolt against the Assad regime which gave rise to a civil war that shows no signs of ending.
This fascinating and really disturbing comic book does a great job of telling the story. In the story, writer Audrey Quinn notes that the so-called experts including journalists and intelligence analysts were taken by surprise by the revolt in Syria they thought the nation was stable until it exploded completely.
Andrea Rossi’s Leonardo Corporation has received a United States Patent that could cover his Ecat low energy nuclear reaction (LENR). Interestingly enough the patent US 9,115,913 B1 dated August 25, 2015, does not mention LENR, cold fusion or the words Ecat or energy catalyzer.
Instead it is for a device called a Fluid Heater. Andrea Rossi is listed as the inventor and his company Leonardo Corporation is listed as the assignee or owner. The Fluid Heater is described as:
“An apparatus for heating fluid includes a tank for holding fluid to be heated, and a fuel wafer in fluid communication with the fluid. The fuel wafer includes a fuel mixture including reagents and a catalyst, and an electrical resistor or other heat source in thermal communication with the fuel mixture and the catalyst.”
Chinese government researcher Songsheng Jiang reports achieving a Low Energy Nuclear Reaction (LENR) in a hydrogen-loaded nickel wire. In an email to Frank Acland Jiang reported that the reaction lasted for around 80 minutes and generated around 240 watts of heat.
Jiang also reported he and his team – the Ni-H Research Group at the China Institute of Atomic Energy in Beijing – are experimenting with both nickel powder and nickel wire. A PDF of Jiang’s message is available at E-catworld.com.
The Institute is China’s top atomic research organization the People’s Republic’s equivalent of Los Alamos National Laboratory in the United States. The Institute has close connections with the top levels of the Communist Party and the Chinese military.
Last month Mills revealed that Jiang had succeeded in generating temperatures of up to 1000 degrees Celsius with a reaction that lasted for 20 minutes in what looked like an attempt to replicate Rossi’s hot ecat on May 8. One has to wonder what Jiang is planning to do next.
Here is a roundup of stories from around the world of Low Energy Nuclear Reaction (LENR) and technology you may have missed.
Airbus Reportedly Interested in LENR
A French scientist named Jean-François Geneste claims that the giant European aerospace company Airbus Group is interested in LENR, New Energy Times reported in January. Geneste who is apparently an aeronautical engineer claimed to be Airbus’s Chief Scientist works with Airbus Group Innovations a sort of think tank connected to the company.
“The title of Mr. Geneste is VP Chief Scientist,” Christine (Eirainer) Manderscheid wrote in an email to New Energy Times. Airbus refused to say if it was actually working on LENR.
Geneste made several claims about LENR and Airbus at a conference organized by a Swiss businessman Michel Vandenberghe at Oxford University’s Magdalen College in England, New Energy Times’ Steven B. Krivit reported. Vandenberghe is the man behind LENR-Cities a startup which has vague plans to develop LENR.
The number of efforts to replicate Andrea Rossi’s e-cat low energy nuclear reaction or LENR process is increasing. One of the most interesting experiments was carried out by a scientist at one of China’s top government research organizations.
A number of websites are reporting that a mysterious individual or organization only called Me356 is trying to replicate Rossi’s hot e-cat device. E-catworld.com compared the efforts to those of Russian physicist Alexander G. Parkohomov who announced that he had replicated the hot e-cat in December. Unfortunately we do not know who or what Me356 is and where the experiment is taking place. Nor do we know where it is located.
My guess is that it might be going on at some sort of university or government laboratory perhaps at an institution where administrators oppose the idea of “cold fusion” research. The researchers are out to verify LENR but they do not want others to know they are until they have some results. They may also be keeping the work secret so they can patent it or sell it and cash in on the device they create.
Sometimes writers like everybody else misses the big picture because we are too busy concentrating on mundane day to day events. A lot of us who cover low energy nuclear reaction (LENR) tend to do that when we concentrate our coverage on the latest announcement from an inventor, gatherings of professionals or worse internet rumors and ignore the consequences of what we write about.
I must confess that I am just guilty of this practice as anybody else, so I will use a little history lesson to remind us of why LENR or cold fusion could be important. Basically LENR has the potential to transform our entire civilization.
If you look back at the major developments in human history over the past few centuries you will find that new sources of energy were the cause of the greatest changes. A few examples of these transformations include:
There is a lot going on in the world of cold fusion or low energy nuclear reaction (LENR) even if no earth-shattering developments have been reported. Some of the current highlights in the field include:
Many more details of Russian scientist Dr. Alexander Parkhomov’s efforts to replicate Andrea Rossi’s hot e-cat low energy nuclear reaction (LENR) technology are available courtesy of our friends at the Martin Flesichmann Memorial Project.
Project representative Bob Greenyer visited Parkhomov’s laboratory at the People’s Friendship University in Moscow to examine his reactor. Greenyer posted some intriguing data about the device on the Project’s Facebook page including a number of fascinating pictures.
Some of the most interesting data about Parkhomov’s work Greenyer reported includes: