Sapere Aude
Tag: peakoil
12 airlines including Jet Blue, Delta, American, AirTran and others pinged their frequent flier constituency egging them on to get politicians to crack down commodities investors or speculators who have caused crude oil prices to soar, hitting $146 a barrel last week.
lol. how delusional can you get? blaming “speculators” for your broken business model.
Love it.
Cheap gas allowed them to build a “new” economy based mainly on the construction of suburban sprawl.
etc etc
2021-08-13: Kunstler has become a crazy antivaxxer, among other delusions. Consume at your own risk.
It turns out that for the past 30 years, we’ve had a George Costanza Energy policy — every decision we have made as a country has worked to drive energy prices higher. Had we made the opposite decisions, Crude Oil prices would be much lower than they are today ($130.17 as I type this). What follows is a list of energy-related policies of the United States. On many of these, I have no opinion — but I wanted to list as many as I could to demonstrate why Oil is where it is
for the delusional who think prices will soon go back down, a list of why not.
a novel way to sell their gas guzzlers. Sign up for their “Let’s Refuel America!” credit card and they’ll lock in the price of gas at $0.79/liter for 3 years.
betting against the oil price is a great way for them to go extinct, the desired outcome.
Will there be any US-based auto manufacturers left?
no.
Will there be any domestic airlines left?
no.
“God is the only one we can turn to at this point. Our leaders don’t seem to be able to do anything about it. The prices keep soaring and soaring.” To solve the problem, Twyman isn’t begging the Lord for any specific act of intervention. He is not asking God to make OPEC pump more oil. Nor is he praying for all the speculative investors to be purged from the New York Mercantile Exchange, where crude oil is traded. Instead, he says anyone who wants to follow his example should keep it simple. “God, deliver us from these high gas prices. That’s all they have to say.”
between that and “its a conspiracy!!!” acceptance comes hard. but it will come.
We are in the midst of a crisis. People have to be very discreet in their use of motor vehicles. If you can, use public transport.
i look forward to 5, 6, 7$ gas.
This is a tremendous book—jam-packed with nerdy data of every kind. The author presents a strategy aiming for the total replacement of petroleum as a liquid fuel and chemical feedstock with an explicit goal of breaking the back of OPEC and, as he says, rendering the Middle East’s near-monopoly on oil as significant on the world economic stage as its near-monopoly on camel milk.
+1 no longer being dependent on OPEC and the middle east will do wonders for world stability.
Arab nations are making moves to translate their oil-driven economies into knowledge-based ones.
another possible avenue for their own age of enlightenment.
Mexico is under huge pressure to find new reserves, with its existing fields in decline and with oil accounting for something like 30% of state income, so it has a tendency to find fields, now and then, where there aren’t any
oy. kindergarten pranks.
Gregor J. Rothfuss 