The Economist begs to differ...
Crude arguments
You forgot about global warming.
The Redstar2000 Papers
A site about communist ideas
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http://interestalert.com/brand/siteia.shtm...National%20News
"Instead of losing momentum along an arduous march to higher interest rates, the North American economy will soon be feeling the brake of soaring energy prices"
"CIBC World Markets said it expects burgeoning Asian demand coupled with conventional supply depletion will keep oil prices above $50 per barrel for at least the next three quarters, and possibly longer depending on how long it takes sharply rising energy prices to quell world growth."
Quell world growth, slow it down, put the brakes on, send it flying catostrophically in the down direction, or whatever.
"'The run-up in oil prices is neither benign nor temporary,' said Rubin. 'With OPEC spare capacity at record lows and world crude demand growing at three times its long-run average, $50 per barrel crude prices are here to stay, at least as long as the U.S. and Chinese economies continue to power robust growth.'"
Capitalist systems that do not robustly grow are really really not cool for just about everybody stuck in them.
Prepare for a cold winter.
"The dogs in Pavlov's laboratory had been conditioned for hundreds of hours. They were fully trained and domesticated. Then there was a flood in the basement. And you know what happened? They forgot all of their training in the blink of an eye. We should be able to do at least that well. I am staking my life on it..."--John Zerzan
The Economist begs to differ...
Crude arguments
You forgot about global warming.
The Redstar2000 Papers
A site about communist ideas
Listen to the worm of doubt for it speaks truth.
The Redstar2000 Papers
Also see this NEW SITE:@nti-dialectics
chuckle, i'd hate your if you weren't so damn funny.
<span style=\'color:black\'>Culture sucks down words
Itemise loathing and feed yourself smiles
Organise your safe tribal war
Hurt maim kill and enslave the ghetto</span>
<span style=\'color:red\'>Life lies a slow suicide
Orthodox dreams and symbolic myths
From feudal serf to spender
This wonderful world of purchase power</span>
Here, you guys will like this:
http://joevialls.altermedia.info/wecontrol...ca/peakoil.html
"The dogs in Pavlov's laboratory had been conditioned for hundreds of hours. They were fully trained and domesticated. Then there was a flood in the basement. And you know what happened? They forgot all of their training in the blink of an eye. We should be able to do at least that well. I am staking my life on it..."--John Zerzan
I encourage anybody clicking on the above link to take a look at the main page and look at the other stories there. Seems a bit wack to me.
The truth is we do not know just how much oil is left - and I get the feeling we will only find out when it runs out.
At the moment is most definately not running out.
The Human Progress Group
Does it follow that I reject all authority? Perish the thought. In the matter of boots, I defer to the authority of the boot-maker - Mikhail Bakunin
Workers of the world unite; you have nothing to lose but your chains - Karl Marx
Pollution is nothing but the resources we are not harvesting. We allow them to disperse because we've been ignorant of their value - R. Buckminster Fuller
The important thing is not to be human but to be humane - Eliezer S. Yudkowsky
Check out my speculative fiction project: NOVA MUNDI
"Seems a bit wack to me."
Of course he's a bit wack. He's a super jew zionist conspiracy nut, and also he's saying the same thing Red Scare does..."Peak oil is an elite conspiracy".
And we all know Red Scare is as wack as they get.
"The dogs in Pavlov's laboratory had been conditioned for hundreds of hours. They were fully trained and domesticated. Then there was a flood in the basement. And you know what happened? They forgot all of their training in the blink of an eye. We should be able to do at least that well. I am staking my life on it..."--John Zerzan
Aren't you sweet.
Meanwhile, with all the fuss about "record oil prices", people should not forget that prices have been a lot higher in constant dollars than they are now.
In 1979, the price per barrel of crude oil was in today's dollars about $80.
Somehow, technological civilization survived.
The Redstar2000 Papers
A site about communist ideas
I thought this cat would have gotten the hint when his last "doomsday thread" about "peak oil" finally was put out to pasture.
I reckon every prediction of armageddon deserves a "second coming".
This one will now ascend into the heavens to be sit at the right hand of God.
"It was, of course, a lie what you read about my religious convictions, a lie which is being systematically repeated. I do not believe in a personal God and I have never denied this but have expressed it clearly. If something is in me which can be called religious then it is the unbounded admiration for the structure of the world so far as our science can reveal it." - Albert Einstein
