News roundup for Fri, Mar 12, 2021

Since the 19th century, sea levels have risen by over 8 inches, and nuisance floods, often referred to as abnormally high tides, are becoming more frequent in coastal areas. Some cities are experiencing these floods for a third of the year. While they may not always be dangerous, they can be costly and are likely to worsen over time.

A massive gasoline pipeline spill occurred in North Carolina, initially discovered in August. Approximately 1.2 million gallons have leaked due to a crack in the pipeline. However, the accuracy of this estimate remains uncertain.

Bank of America predicts that oil prices will increase soon. Meanwhile, U.S. infrastructure, including dams and levees, requires upwards of $115 billion in repairs and maintenance. While this seems like a significant amount, it pales in comparison to our defense budget.

Due to leaf blight, we're facing a shortage of rubber trees, which are essential for producing natural rubber—a critical raw material. As global demand for rubber continues to grow, several potential solutions are being considered, though each comes with its own set of challenges.

Hawaii is currently grappling with severe torrential rains and widespread flooding. Meanwhile, Colorado and Wyoming are bracing for a massive snowstorm.

It’s that time again—the annual Texas Prepper Sales Tax Holiday! Yes, it’s a real event.

Expanded background checks for gun purchases have passed the House:

https://twitter.com/disclosetv/status/1370043309347983367?s=20

Globally, there are nearly 119.1 million confirmed COVID-19 cases. In just one week, there were almost 2.9 million new cases worldwide. Total fatalities stand at over 2.6 million. In the U.S., there are close to 30 million cases, with over 543,000 deaths. In the past week alone, 10,000 Americans lost their lives, while over 1,400 died in the last 24 hours. The U.S. recorded nearly 60,000 new cases in the last day. Brazil leads the world in daily deaths, with over 2,200 in the past day. Fortunately, deaths in the U.S. appear to be trending downward:

An export-driven crisis caused by pandemic-fueled shopping is creating massive bottlenecks at shipping ports. With increased demand for imports and worker shortages due to illness, ports are struggling with congestion. There’s hope for some relief by summer.

We’re seeing more transmissible variants spreading across the U.S. Florida serves as a litmus test for what lies ahead. So far, things look manageable, but we must remain vigilant, as early indications suggest the UK variant might be deadlier:

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