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[Apr. 29th, 2006|07:29 am] |
Straight From The Foxes Mouth
 Thanks to babynutcase for yet one more peak oil tip. And wow. it's from Fox News (i really liked their first sloagn "we report, you decide" better than the F&B, but w/e): The Headline is "Global Oil Production May Peak Soon." Here's a tidbit:
Once we reach this tipping point, known as "Hubbert's Peak," also known as "peak oil," global oil production will begin an irreversible decline and less oil will be available with every passing year, scientists say. Energy experts no longer debate about whether Hubbert's peak will occur, but when. On this point, estimates vary wildly. Kenneth Deffeyes, a professor emeritus at Princeton University, believes it has already happened — in late 2005.
Wow. Just like with climate change; the crazies who (10 years ago) were saying we have about 20 years left are now joined in chorus by the likes of Hansen et al, all the experts, who now say that there's about 10 years left. And now with Peak oil, the crazies like Deffeyes (a student of Marrion King Hubbert), are being joined by the experts, and now people are taking it seriously. Is it human nature to ignore all the harbingers until you get smacked in the face with a brick wall? I know if I was driving a car, and the passenger tells me that there's a brick wall stopping the road in another 100 meters, I would at the very least slow down a bit to see if there is any validity. I wouldn't get Hannity & Combs to call the passenger an idiot and a tin-foil hatter. And now that it looks inevitable here comes the press to tell us a new discovery! Gee, thanks. Thanks for ignoring decades of information that didn't serve your purpose. Again like climate, what frightens me is that if they are telling is this now, then it must really be around the corner... |
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| p=e=a=k=i=n=g |
[Jan. 12th, 2006|03:12 pm] |
yes peaking. and no, not as in the kind of duck you have to order 24 hours in advance (and yeah, there was a story about how ducks are the next victims of climate change, but this story isn't about any of those...)
 it's from that babynutcase guy again.... looks like someone who shouldn't have said the P word... Jeff Rubin, chief economist at CIBC World Markets, the bank's wholesale banking arm added that "conventional oil production around the world apparently peaked in 2004".
 but really he said "conventional oil production," right? So that laves us with, um,
 well that leaves us with anything aside from sweet crude, like biodiesle oil, that hasn't yet peaked, right?
 oh.. well, there's always walking |
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| great movie night suggestion |
[Jan. 12th, 2006|08:12 am] |
   ...some of you know baby_nutcase. And it's not for his/her LJ that you'd know 'em, proabably, but because of the posts in certain communities.... BNC is also peak oiler and his/her information on this subject is amazing! blows my mind on a regular basis with just how much info this baby can get his/her hands on! anyway the baby suggested a movie yesterday, and i for one can't wait to get my hands on it!!!! check out the slick style (sorry, couln't resist) and free clips.. OILCRASH |
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| corruption, the greed is good Gordon Geko for the 21st century |
[Dec. 14th, 2005|12:41 pm] |
ok, it's only a movie, but still.....
 On RogerEbert.com's AnswerMan someone asked Roger if he could reprint the "corruption" speech from Syriana. And while I still have yet to see the flick, I did like the quote, and can see why people are comparing it to the Michael Douglas "greed is good" rant in the 80's film Wall Street. See for yourself:
Some trust fund prosecutor, got off-message at Brown, thinks he's gonna run this up the flagpole, make a name for himself, maybe get elected some two-bit, no-name congressman from nowhere, with the result that Russia or China can suddenly start having, at our expense, all the advantages we enjoy here. No, I tell you. No, sir. (mimics prosecutor) "But, Danny, these are sovereign nations." Sovereign nations! What is a sovereign nation, but a collective of greed run by one individual? "But, Danny, they're codified by the U.N. charter!" Legitimized gangsterism on a global basis that has no more validity than an agreement between the Crips and the Bloods! (Beat) ... Corruption charges. Corruption? Corruption ain't nothing more than government intrusion into market efficiencies in the form of regulation. That's Milton Friedman. He got a goddamn Nobel Prize. We have laws against it precisely so we can get away with it. Corruption is our protection. Corruption is what keeps us safe and warm. Corruption is why you and I are prancing around here instead of fighting each other for scraps of meat out in the streets. (Beat) Corruption ... is how we win.
[syriana] |
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| ....more ammo for them peak-oil nutters |
[Nov. 14th, 2005|08:45 am] |
World's 2nd largest oil-field is "exhausted"
 ..this news coming out this weekend fromAMEInfo (the Middle east's finance and economy journal), it appears that the Bergen Oil Fields in Kuwait have past their peak of production (So, um, that was a really good investment, Gulf War I, right? we got a "freeer Kuwait" --kinda like a freeer gulag-- and an oil supply that lasted what, until the nexy Gulf War? what a scam!).
This field has been pumping out oil for 60+ years, and they have now admitted that it has passed it's peak of 2M Barrels of oil a day. They can still squeeze out 1.7M barrels a day, so it's not like it's empty. But that's not really the ponit, as any Peak-oiler will tell you, it doesn't matter when it runs out, it only matters when the supply dips so below demand that everything (esp. prices) goes Y2K-style haywire...
While the Peakers are all about WTSHTF (the 21st century version of TEOTWAWKI?), it seems that people like AMEI have a slightly more sober approach. I really appreciate that the following quote comes from a Middle East journal, as they write: "The natural world has an uncanny ability to hit back at the arrogance of man, and perhaps a reassessment of reality at this point is called for, rather than a reliance on oil statistics that may owe more to political maneuvering than geological facts." Sounds so logical ...if only we (as in the WEst) could grasp this...
I know, you're thinking hm... i've heard of this Burgan oil field before, haven't I? and you're right.. you may remeber images like these from about 10 years ago... this is Burgan:
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| Bad Gas |
[Sep. 4th, 2005|12:40 pm] |
I've just been inundated these days with emails from people who are amazingly pissed off at "the gas companies."
 Many have plans to launch a day when no-one will buy gas (which imnsho is pretty silly as it is been proved that when there's a boycott there are more people who will sympathetically go out of their way to purchase from the boycotted party). Others have articles written by well intentioned journalists saying that people are fed up and don't want to take it anymore. And my sympathies go to anyone who doesn't have the money to spend and feels they have to spend it anyway... and i might seem like i'm playing the world's tiniest violin... but (naturally) I have two things to say about this, then i'm getting back on my bike and shutting up.
First, the anger that people feel trowards the gas companies; This is the same anger that junkies have towards their dealer. sometimes they love 'their man' for feeding their jones, but mostly they hate them for profiting from their addiction. Same shit, different day....
and 2;
I have come to the realization that many people care about the price of gas. I care about it's cost. |
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| black gold? texas tea? alms for an ex-lepper? |
[Dec. 21st, 2004|07:21 pm] |
To be fair to the media, there was an awful lot of news to be printed last week in northern California, what with Scott Peterson getting sentenced to death and all, I mean, inquiring minds want to know… (not to mention that it is such an opportune segue to set legal precedent against abortionists—which we know, is one of those moralvalues that make lemmings vote). So it’s understandable how a story like this one could miss the papers completely (unless you read the Yuma, Sacramento or San Francisco local papers).
The end of oil is likely by next (American) Thanksgiving.
Not that there won’t be a drop to fill your tank, but that the amount of oil we now use daily, for the first time ever, will exceed the amount that we can physically get out of the ground and refine. And anyone who has taken a 10th grade economics class, can tell you what happens when demand exceeds supply…
One paper online with the story is Live Science who I think copied it verbatim from EnergyBulletin.net it seems there was “lively debate” at the American Geophysical Union’s annual meeting in San Francisco entitled: “"Running on Empty? Oil: How Much, Where and at What Cost?" it seems that the student/disciples of the late Marrion King Hibbert all now running the geology shows in the ivy leagues are al pretty much in agreement, and Kenneth Deffeyes (what a cool website this Princeton department head has) arguably leader of the pack, is the guy who pegs it at Thanksgiving “Give or take a few weeks.”
And more news they probably won’t print: Yesterday afternoon the US Department of Energy released a report (available here in PDF called “Strategic Significance of America’s Oil Shale Resource” that basically confirms this. In fact, they are even referring to the same scientists that were in San Francisco last week.
This is seriously fukt. I can’t even begin to comprehend what it will mean to our entire infrastructure… we have been witnessing how a $50 barrel for oil kinda ruins Xmass (ask a retailer) what do you think a $100 barrel will do? P-a-n-d-e-m-o-n-i-u-m |
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