San Onofre Nuclear Generating Station Dangerous

L.A. TIMES OPINION ARTICLE:

U.S. nuclear industry: Not safe enough

http://www.latimes.com/news/opinion/commentary/la-oe-reynolds-nuclear-plants-20110318,0,6550182.story

Notice the talk always revolves around how strong an earthquake it can survive. It's bad enough building this and the other California plant near, or directly on, earthquake faults. But....no one discusses the alleged "25 foot seawall" and it setting right on the edge of the coast, practically taking a swim in the Pacific.

Should the plate that lives in the Pacific off the California coast slip and cause a wave, will we have the same power/backup power problem as Japan did?

Remember, it wasnt the earthquake. It was the tsunami!

Worries over Calif. nuclear plants after Japan

Utility officials assure the public that Southern California's seaside nuclear plant is safe. But San Clemente residents wonder if the facility is vulnerable to the shaking and flooding.

http://news.yahoo.com/video/us-15749625/worries-over-calif-nuclear-plants-after-japan-24542252

San Onofre Nuclear Power Plant

With the nuclear power fiasco going on in Japan post: earthquake/tsunami.....it's time to look at some of our current nuclear power plants here in the United States....

I expected to find secure.....smart....locations......instead, I find an example of one not near a fault....but on a fault.....and, could they have put it any closer to the pacific ocean? I believe there is a few inches of beach left before the ocean waves....

Can it be any more alarming? Who is going to tell me this plant is defensible against a tidal wave from a quake in the Pacific? If the quake isn't directly under it's foundation.

Could we also attempt to poison the ocean with radioactivity should there be a breach, more effectively than this?

$100 per barrel is unjustified!

Prince Alwaleed bin Talal al Saud discusses the oil situation and the high prices, saying the high prices are unjustified.

http://www.cnbc.com/id/42037137

BARTIROMO: So based on where the supplies are now, the levels of supply, is oil justified at $100 a barrel?

Prince ALWALEED: It is not justified. This is a panic situation because people are concerned. They don't understand what's going on, they just are worried about what's happening in Libya. And I tell you openly, bluntly and blatantly, if all the production of Libya disappears, one country only, which is Saudi Arabia, can cover it immediately.

See more of the transcript here

.OIL FUTURES: Crude Retreats On Rising US Oil Stockpiles

Wall Street Journal Reports:

http://online.wsj.com/article/BT-CO-20110309-711419.html

Of significance:

Saudi Arabia has said it is increasing production to make up for at least some lost Libyan crude oil. The kingdom's oil minister, Ali al-Naimi, on Tuesday said there is enough crude oil and spare capacity in the market to meet demand.

and.....:

"The inventories are weighing a little bit," said Dominick Chirichella, an oil analyst with the Energy Management Institute. "But we're still in the Libya mode."

We're still in "Libya mode". Yes, yet another "mode" in addition to the 100s of other "modes" that we use to speculate and excuse raising gasoline prices.