Norway Plans To Expand Arctic Oil Exploration Areas -- Oilprice -- March 15, 2019, T+72, Part 2

The Arctic: from just three days ago--

March 12, 2019: Russia's next oil boom is happening in the Arctic.

Now, this today: Norway plans to expand Arctic oil exploration areas. 

As noted earlier:

Another footnote for the Obama presidency chapter in the next edition of US History: under President Obama, the US ceded the Arctic to Russia, the Canadians, the Norwegians, the Danes. See this post. The original post was dated May 11, 2013. Truly amazing. Now this story: Russia's next oil boom is happening in the Arctic. Memo from Equinor to Barack: thank you, Mr Obama.

**************************************** 

The Max 8

If this turns out to be accurate and is in the final report, it just tells how incredibly good these investigators are. This is really, really amazing. Link here. The jackscrew wasn't found by accident (no pun intended), not found serendipitously -- the investigator(s) were looking for it ... and apparently found it -- again, if this is accurate.

A screw-like device found in the wreckage of the Boeing 737 Max that crashed last Sunday in Ethiopia indicates the plane was configured to dive, a piece of evidence that helped convince U.S. regulators to ground the model, a person familiar with the investigation said late Thursday night.

Federal Aviation Administration chief Daniel Elwell on Wednesday cited unspecified evidence found at the crash scene as part of the justification for the agency to reverse course and temporarily halt flights of Boeing's largest selling aircraft. Up until then, American regulators had held off as nation after nation had grounded the plane, Boeing's best-selling jet model.

The piece of evidence was a so-called jackscrew, used to set the trim that raises and lowers the plane's nose, according to the person, who requested anonymity to discuss the inquiry.

A preliminary review of the device and how it was configured at the time of the crash indicated that it was set to push down the nose, according to the person, who wasn't authorized to speak publicly about the investigation.

The jackscrew, combined with a newly obtained satellite flight track of the plane, convinced the FAA that there were similarities to the Oct. 29 crash of the same Max model off the coast of Indonesia. In the earlier accident, a safety feature on the Boeing aircraft was repeatedly trying to put the plane into a dive as a result of a malfunction.

I wish Richard Feynman of the "Challenger Disaster" was still alive and on the investigative team.