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Stormy Daniels and “Peak Oil”

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Everyone knows about Stormy Daniels. How many know that United States is on track to be a net exporter of oil by the early 2020s?

Whatever happened to “Peak Oil”?

Weren’t we supposed to be running out of oil?

They – the government and the mainstream press – have been saying just that since the early ’70s and their saying so served as the justification for velocity rationing (the infamous Drive 55 national maximum speed limit law, which abused motorists for 20 years before it was finally repealed in the mid-’90s) and for CAFE – the federal law which imposes fuel rationing on the car industry. It is compelled – by regulatory fiat – to find ways to reduce fuel consumption because the government says we’re about to run out of fuel.

Except that hasn’t happened.

The opposite happened.

Easing of the regulatory burdens on domestic oil producers combined with new methods of extraction have increased the domestic oil supply to an excess of supply. Crude oil production has almost doubled since 2008, up from just over 5.1 million barrels per day to an astounding 9.2 billion barrels per day (see here).

The U.S. has been between 86-91 percent self-sufficient since 2016.

These are things the government and its media hyena chorus swore could never happen. Their mantra was that the U.S. is a spent hen as far as oil production is concerned and not only were we running out so was was the world.

Hence the austerity measures.

But things are no longer austere – so why the measures?

Because getting the government – and the mainstream press – to ever concede error or (in the case of government) close down or at least scale back whatever bureaucracy/regulatory regime was created to “solve” the no-longer-existing problem – is not unlike trying to get a duck to bark.

It is contrary to its nature.

This is why – at a time of oil abundance – the government is doubling down on its austerity measures. The fuel rationing regs – CAFE – are on deck to literally almost double, to 50-something MPG from the current 30-something.

And it is because of the threat of this doubling down that every car company is rushing electric cars to a market which doesn’t want them – chiefly (but not entirely) because it cannot afford them. The least expensive EVs cost more than twice what the least expensive non-electric economy cars do. Given how inexpensive – because abundant – gas is, most people reason that buying an EV makes no economic sense and so aren’t buying them, even assuming they could afford them.

Which most of them can’t.

Yet in spite of this lack of demand – and upside-down economics – the number of EV models on the market is expected to more than quadruple within the next five years.

If that sounds. . .  odd, it is. But keep in mind how CAFE works. It is based on something called “fleet averages” (hence Corporate Average Fuel Economy). If you sell six different models of cars and they average 30 MPG, how do you get them to average 50?

Well, you don’t.

It is effectively (but not mechanically) impossible – on account of other government regs. The saaaaaaaaaaaaaaaafety regs – which have fattied up the curb weight of cars, which makes them less fuel efficient. Countermeasures such as part-time cylinder deactivation, direct injection and steep overdrive gearing compensate somewhat – but the reason why most current economy cars just barely match the MPGs delivered by the much more technologically primitive economy cars of 30 years ago is because the economy cars of today are on average 500 pounds heavier.

Only three small hybrid cars – the Toyota Prius, the Hyundai Ioniq (my review here) and the Kia Niro get there – or get close. And even adding several hybrids that average 50 MPG to your lineup doesn’t do much for your CAFE average.

Not enough, anyhow.

Enter the electric car. The main merit of this  compliance car is that it gets infinite miles per gallon. It burns no gas at all – and that really helps the CAFE math. Which is why the market is about to be flooded with electric cars, at a time when there is less reason than ever to buy one  . . . if the reason for buying one is to get around the high cost of gassing up.

It’s a problem – for the government as well the car industry, which bought in (literally) and has now invested a fortune in EV technology for which there is no real market – on account of abundant and so inexpensive gasoline.

Even with all the regulatory cost-adders (including the ethanol mandate) and the disproportionate/regressive taxes added, gas costs less today in real terms than it did pre-“Peak Oil” – back in the ’60s, before the suggestion that we were about to run out was even made yet.

And that’s why all of a sudden – over just the past year or so – the government and the media have switched gears and now talk less about gas mileage and more about “greenhouse gasses.” This is their ultimate justification for the regime of rationing they’ve been pushing since the ’70s – and just in time to take over for the getting-soggy Peak Oil shibboleth.

No matter how much oil is produced, the internal combustion engine will always produce “greenhouse gasses.” Whether these “greenhouse gasses” are just another bogeyman – like “Peak Oil” – is beside the point – which is that there will always be some ginned-up justification for limiting our mobility via regulatory fiat.

It’s not “saving gas” – or even “saving the planet” – that motivates the people behind the curtain.

It’s saving their control.

Our job is not to be suckers.

ericpetersautos



40 Comments on "Stormy Daniels and “Peak Oil”"

  1. The last drop on Wed, 26th Sep 2018 8:23 am 

    Yes, it’s certainly a trend that the US will be a new exporter of oil…..because the global economy house of cards is set to collapse and there won’t be such a need for the black goo anymore. Thank God for that

  2. dave thompson on Wed, 26th Sep 2018 8:35 am 

    The author of this article twists the meaning of “peak oil”. On this site most here know that peak oil is not about running out of oil. Its is about the decline of new discoveries to replace the ones we are burning currently. Any fool can find a chart that shows how the world is not finding all that much oil anymore. The peak of discovery was back in the 60’s sometime. I am not sure what the author’s agenda is, to misconstrue peak oil in this fashion.

  3. I AM THE MOB on Wed, 26th Sep 2018 8:39 am 

    I hope this writer is around when BAU goes down..He deserves to suffer..

  4. Duncan Idaho on Wed, 26th Sep 2018 9:30 am 

    Well, first we (the USA) must stop importing 5 million barrels a day—-
    If we could produce as much as we use, we could possibly become a net exporter—
    But sorry comrades– not going to happen.

  5. Fill 'er Up! on Wed, 26th Sep 2018 11:27 am 

    They had me at that chubby sedan pic. 😮

  6. jaz on Wed, 26th Sep 2018 11:38 am 

    It is worth re-posting this webpage of all the countries in decline.

    http://crudeoilpeak.info/what-happened-to-crude-oil-production-after-the-first-peak-in-2005

    The situation has become even worse over the last few years.

    Angola peaked in 2010.

    https://tradingeconomics.com/angola/crude-oil-production

    Colombia peaked in 2015

    https://tradingeconomics.com/colombia/crude-oil-production

    India peaked in 2011

    https://tradingeconomics.com/india/crude-oil-production

    China peaked in 2015

    https://tradingeconomics.com/china/crude-oil-production

    Azerbaijan in 2010

    https://tradingeconomics.com/azerbaijan/crude-oil-production

    Out of 50 oil producing countries,only 10 can increase production. In 1995 45 could deliver more oil if needed. I think the figures speak for themselves and are very stark.

  7. Goat1001 on Wed, 26th Sep 2018 11:40 am 

    I think the main thrust around improving CAFE standards is in reducing greenhouse gases that lead to global warming, not due to peak oil perse. The EROI has been steadily declining in the world’s oil patches. It was once around 100 now it is around 20 if I recall correctly. That may be due to new discoveries of larger oil fields becoming increasingly rare these days, perhaps?

    So I think the government is right to keep pressure on automakers to improve fuel efficiency standards. This year so far has been really hot and I personally do not want to see most of the planet left uninhabitable due to conspicuous consumption of fossil fuels and things in general that harm the planet.

    Without these regulations the auto companies would probably be cranking out many more large trucks and SUV’s and few “economy” cars. That’s where the bigger profit is – the trucks and SUV’s. Unfortunately it just isn’t profitable for the future generations of people (and wildlife) who will have to live with the consequences of climate change.

    The MSM’s bragging about USA being a net exporter (of fracked oil) sounds a bit off in la-la land to me. I’d like to see what the numbers look like in 5 to 10 years…

  8. Duncan Idaho on Wed, 26th Sep 2018 2:59 pm 

    “The MSM’s bragging about USA being a net exporter (of fracked oil) sounds a bit off in la-la land to me. I’d like to see what the numbers look like in 5 to 10 years…”

    We import millions of more oil than we export–
    We export the fracked oil, because , being over 45, we can’t use it without blending it with lower than 45 oil which we have limited technology.
    (Stormy Daniels filled me in)

  9. Nostradamus on Wed, 26th Sep 2018 6:37 pm 

    Fake news. The US produces 10 million barrels a day but consumes 20 million a day. No way is production going to double by 2020.

  10. Dredd on Wed, 26th Sep 2018 8:12 pm 

    Infinity porn.

    The mathematical sign for infinity &#8734 cannot be applied to finite numbers.

    unless you use fake math.

    Use measurements dood (Databases Galore – 24).

  11. Theedrich on Wed, 26th Sep 2018 9:37 pm 

    Eek! The mermaid figurines don’t have bras on!  Thus the Yankee view of sex.  Due to the hyper-moralizing Puritan colonists, Americans today are neurotic in their attitudes regarding extramarital intercourse.  This is the quasi-religious background the Demonic Party is now using against the current nominee for the Supreme Court, Justice Brett Kavanaugh.  To push their propaganda, they are using as many logical fallacies as possible, among them, the:

    Argumentum ad Hominem (attack on the opponent), abusive:  “The nominee is a White man and therefore automatically racist and wrong and misogynist in everything he says or does!”
    Argumentum ad Ignorantiam (true simply because not proven false):  There are women accusing Kavanaugh of sexual horrors and, because since there is no evidence one way or another, he cannot prove he didn’t commit those atrocities;  and that makes him guilty.”
    Argumentum ad Populum (snob appeal, band wagon):  “Our surveys show that not only esteemed Democrat lawmakers, but a majority of the populace, thinks Kavanaugh is guilty of sexual sins as charged, and therefore he must be condemned.”
    Accident (Insisting that the general rule is always applicable, even when a case’s “accidents” make that case an exception):  “Most women who are forced into sexual intercourse by boyfriends or others, being intimidated, never report the matter to authorities.  Therefore Kavanaugh’s accusers must be believed, now that the Me-Too movement has removed all fear and (with a little help from the Democrats) emboldened some of them.”

    The Democrat-Leftist hypocrisy is so thick, it can be cut with a knife.  The Left needs a corrupt Supreme Court in order to continue its destruction of the nation.  Leftists use violent tactics (the shooting of a Republican congressman, the “Anti-Fa” maniacs, the hounding of Republican senators and staff members out of restaurants and other places, the disruption of Congressional hearings by screaming Leftist psychopaths, and so forth) as well as the nonstop drivel spewed out by their accomplices controlling the mainstream media.

    So no one can expect anything serious or honest to come out of the pro-Commie Democrat Left any longer.

  12. boney joe on Thu, 27th Sep 2018 1:12 am 

    Theedrich:

    Firstly, you misogynist asshole, the issue here is not “extra-marital affairs”. It’s about alleged sexual assault and misconduct.

    If the Republicon nominee is so pure, then why is Kavanaugh and his Republicon enablers opposed to a thorough investigation by the FBI? One would assume that if he’s innocent he would welcome an investigation to clear his name. But no.

    We all know why.

  13. Simon Rodgers on Thu, 27th Sep 2018 2:33 am 

    serious question, isn’t there a statute of limitations ?

  14. Theedrich on Thu, 27th Sep 2018 4:03 am 

    So boney joe is a Leftist slut.  Nice that she gives such cogent arguments for her hysterical fantasies and maniacal demands.   Perhaps she could learn how to think.   In her next life, that is.

  15. Davy on Thu, 27th Sep 2018 5:39 am 

    “serious question, isn’t there a statute of limitations ?”

    yes in his case no in new cases. I understand they change the law but the change only concerns rapes going forward. The other issue in his case is he was not an adult at the time of the so called rape.

  16. Duncan Idaho on Thu, 27th Sep 2018 9:32 am 

    Come now comrades, he was and is a frat boy- smarter than most (but most humans are), but still socially illiterate.
    His views on women are formed by these simple and ignorant views.
    And his actions also.
    Not saying he isn’t a proper candidate is this moment of late stage capitalism– take a look around — how are things?

  17. Sissyfuss on Thu, 27th Sep 2018 1:06 pm 

    You’re right, Duncan. Placing a party animal on the Supreme Court will change nothing. But it’s a great distraction from the boulders that are rolling down the mountain at us. Things like Climate Disruption that the author claims to be another ploy by those disingenuous scientists so hungry for notoriety.

  18. Theedrich on Thu, 27th Sep 2018 2:12 pm 

    So Ms. Ford testified from her disturbed memory.  She claims to have PTSD and other psychological problems which require therapy.  To which the memory in question “contributed.”  Yes.  A memory obviously of great reliability.  The Democrats, after interjecting their political sermons in the Congressional hearing, are happily feeding from the pits underneath their outhouses in order to support her — or, more accurately, to support themselves.  Within minutes of Ford’s inconclusive conclusion, they sent out at least three (3) fundraising appeals to their sycophants, rich and poor, for money for the coming mid-term elections.

    The piteous Ford’s testimony itself was fact-free, although there was much use by the Demonics of the Argumentum ad misericordiam (appeal to pity and compassion):  “Ford’s voice was squeaky and pitiable, so she needs to be believed.”  Yes.  In spite of the fact that nothing new was provided, and that all three of the people who she said had been at the site of the alleged psychic holocaust have denied that it ever happened.

    Yes, the Democrats have staged another masterful con job.

  19. Cloggie on Thu, 27th Sep 2018 2:29 pm 

    Ms Ford smelled her chance of one minute of national fame of the victimhood variety, because 35 years ago her behind was still in such a shape that some regular guys could not resist the temptation of putting their horny hands on it, nothing that a non-destructive, yet humiliating slap in the face could not have solved.

    The poor thang thought that the horny monster was about to rape her, something that apparently didn’t happen.

    There should be a law against bringing forward allegations refering to events that are 35 year old, in a time that a candidate is about to be nominated.

    This is about partisan politics and nothing else.

    “Thinking” that you are about to be raped cannot lead to criminal charges.

  20. Antius on Thu, 27th Sep 2018 2:45 pm 

    Holy shit! This man is about to lose his career because he ‘might’ have slapped a woman’s arse 35 years ago? Why is this even being investigated? Unless the women in question can prove what they are saying, it is slander and they could go to prison. Frankly, it what they deserve given that it is clear that they are trying to ruin this man out of spite because they don’t like his politics. How vile they are.

  21. Cloggie on Thu, 27th Sep 2018 2:50 pm 

    European populism latest:

    Now that older white guys esentially have decided to stop dying, Berlusconi (80) has predicted that soon the current Italian coalition of right and left populism will be replaced by a center-right government. The center, that would be Berlusconi himself and the right would be Salvini, who currently enjoys near-Mussolini star status.

    Interesting is that no senior European politician has better relations with Putin than Berlusconi. The latter once famously cut short a phone call with Obama when he learned that Putin was waiting on another line.

    https://www.thedailybeast.com/wikileaks-reveal-special-bond-between-silvio-berlusconi-and-vladimir-putin

    https://www.dailymail.co.uk/news/article-4961340/Berlusconi-gives-Putin-duvet-cover-65th-birthday.html

    https://euobserver.com/enlargement/10654

    “Berlusconi wants Russia and Israel in the EU“

    https://www.express.co.uk/news/world/908338/Berlusconi-Italy-election-2018-EU-army-Brussels-Berlusconi-nuevo-look

    “EU ARMY: Berlusconi backs ‘common defence’ to make Europe a ‘world power’”

  22. Davy on Thu, 27th Sep 2018 3:21 pm 

    Berlusconi is a imbecile and you love him…what does that say????

  23. Antius on Thu, 27th Sep 2018 3:22 pm 

    Russia has the same population as Germany and France combined. It is unlikely that they would be prepared to work as equal partners in the EU. That’s not to say that some sort of close working relationship between the two isn’t possible.

    Why the heck does he want the ‘Juden’ in the EU? Especially after all the hard work the Germans did relieving Europe of that menace? Those people have done so much damage to the white world. Berlusconi should be in a position to fully understand that.

  24. Cloggie on Thu, 27th Sep 2018 4:00 pm 

    https://en.wikipedia.org/wiki/Christine_Blasey_Ford

    “Ford is a registered Democrat who has made small contributions to political organizations. In 2017, she participated in a local Women’s March protesting President Trump and attended a March for Science in San Francisco to protest Trump administration cuts to research.”

    For the record, I have little doubt that her allegations have at least a kernel of truth and that this Kavanaugh character was probably an asshole during his student years and probably still is, why else would DJT nominate him.

    However the timing is illigitimate because the severity of this likely non-event is in no proportion of what is at stake here. She should have sought his conviction in political neutral times, not now, when it is stinking of politicak opportunism.

    “Berlusconi is a imbecile and you love him…what does that say????”

    Why is the Godfather of a Italian politics an “imbicile”? Because he gave priority to Putin over your political darling Obama, you voted twice for?

    And where did I say that I “love” him? I only care about policies that increase the chances of white survival. Berlusconi, Salvini and Putin are huge plusses where the real imbeciles like you, who volunteer to do the bidding of those who want imbiciles like you phased out from history (that’s why you are an imbicile in the first place) are huge minusses.

    But your political days are numbered, as you know all too well yourself, with your one-way plane ticket to Italy under in your drawer, an Italy for many years run by “imbicile Berlusconi”.

    Between 2001-2003 I changed from a liberal money making IT-yuppie into what Americans would call a white nationalist under the influence of the Fortuyn revolution in the Netherlands. Holland would have had the world’s first populist PM in 2002, where it not that he was murdered two weeks before the elections. Although there is no doubt that a leftist activist pulled the trigger, many questions remain, as well suspicions that foreign secret services were behind the hit.

    During my current holiday that is now almost over I made a detour of 100 km from Venice to pay tribute to Pim Fortuyn by visiting his grave…

    https://youtu.be/2hFJZWFV8Po

    …in Italy. Fortuyn loved the country and was a huge fan of Berlusconi, for all the good reasons.

  25. Cloggie on Thu, 27th Sep 2018 4:10 pm 

    “Russia has the same population as Germany and France combined. It is unlikely that they would be prepared to work as equal partners in the EU. ”

    Russia would certainly go along with a construction, with an inner circle of France, Germany and Russia that would decide about the use of nukes.

    Rationale: France and Germany can claim to represent the 500 million of the old EU, consisting of mainly protestant and catholic Christianity and a GDP of 20T, where Russia would represent the slavic world of 250 million and a GDP of merely say 5T.

    I have no doubt that the continental European confederation of 640 million is coming and that we can draw ca. 120 million rightwing white Americans into our culture circle. But we must be prepared to fight, in North-America, when that ticking time bomb goes off.

  26. Cloggie on Thu, 27th Sep 2018 4:29 pm 

    Tribute to Pim Fortuyn:

    Announcement murder Fortuyn CNN and BBC

    https://youtu.be/lP7I_m_TI1A

    Fortuyn announcing the strong possibility that he could be assassinated because of the demonization campaign orchestrated by the Dutch establishment:

    https://youtu.be/B4Sl4CvmjfE

    The key moment in Fortuyn’s political dvelopment. Here he is announcing to his buddies of Liveable Netherlands party that he intends to break with political correctness, because it is “five to midnight in Europe”

    https://youtu.be/yg7bNFYzJ64

    The next day he founded List Pim Fortuyn, that even after his death became the second party in the elections. Without the leader the party soon fell apart.

    Unsurprisingly Fortuyn was big friends with Theo van
    Gogh (yes, family of the painter) another murdered martyrer, this time by a Muslim. Here they discuss the EU:

    https://youtu.be/y-VT4sh39RE

    Since both murders, Holland is one of the least political correct countries in the West, so they didn’t die for nothing.

  27. Duncan Idaho on Thu, 27th Sep 2018 4:30 pm 

    “Holy shit! This man is about to lose his career because he ‘might’ have slapped a woman’s arse 35 years ago?”

    Just pointing out his social ignorance.
    In late stage capitalism, might be a good candidate.
    I’m sure he is good at getting on his knees, and opening his mouth.

  28. Davy on Thu, 27th Sep 2018 4:36 pm 

    This scharade by the liberal left that you are being comedic about shows just how deeply flawed you people have become. Fucking disgusting

  29. Duncan Idaho on Thu, 27th Sep 2018 4:46 pm 

    The” liberal left” thinks this political system can be saved by passing laws, electing the “correct” people, etc.

    Sorry– we are way past reformist politics.

  30. Davy on Thu, 27th Sep 2018 4:51 pm 

    I am not talking politics here this goes deeper. This goes to the very heart of who we are. I am talking pure absurdity that is on display and being peddled as if it had real meaning. Fucking disgusting!!

  31. Duncan Idaho on Thu, 27th Sep 2018 5:09 pm 

    Davy–
    He could be telling the truth—
    The rape could of happened in a blackout.
    He was a frat boy, and this is not abnormal behavior.

  32. Cloggie on Thu, 27th Sep 2018 5:15 pm 

    “Those people have done so much damage to the white world. Berlusconi should be in a position to fully understand that.”

    Not really. Historically there have been very few Jews in Italy, mostly because several popes have thrown them out. One wonders why that is. Currently there are only 45,000 in Italy, too few to really have an impact:

    https://en.wikipedia.org/wiki/History_of_the_Jews_in_Italy

    You really need a few million to turn your country in a miserable communist hell hole (Russia) or a third world hell hole (USA).

    https://youtu.be/j6p1zxKnDeM

    http://www.kevinmacdonald.net/immigration.pdf

    In continental Europe they never had a chance, although Germany was close to a communist take-over, because of the horrible condition the country was in due to Versailles. A certain Austrian knew how to stop them.

  33. boney joe on Thu, 27th Sep 2018 5:15 pm 

    “This scharade by the liberal left.”

    But, really, I’m neutral, fair, and balanced.

    Lies and hypocrisy a plenty.

  34. Duncan Idaho on Thu, 27th Sep 2018 6:13 pm 

    “One problem with Mitchell’s questioning is that it only made sense if you are fluent in wingnut and only 27% of America speaks wingnut. To everyone else, it’s gibberish.”

  35. I AM THE MOB on Thu, 27th Sep 2018 6:21 pm 

    Hillary vs Brett

    https://i.imgur.com/ytARaCc.jpg

    LMFAO!

  36. I AM THE MOB on Thu, 27th Sep 2018 6:23 pm 

    Oh god Theo the scum of the earth is here again..

    This fucking site has gone totally off the rails..Bunch of fucking neckbearded losers..

    I am off to Chicago for the weekend!

    Peace!

    Try to hold down the fort Duncan..

  37. Antius on Thu, 27th Sep 2018 6:53 pm 

    “I am off to Chicago for the weekend!”

    Nothing quite like admiring your handywork. The burned out cars; black guys mugging people at gunpoint; white people getting robbed and murdered; antifa thugs roaming the streets, looking for ‘neckbeards’. There is nothing quite like the experience of destroying a civilisation. Not that I’d know of course. After all, that’s a Jew thing.

  38. Davy on Thu, 27th Sep 2018 7:07 pm 

    “Try to hold down the fort Duncan..”

    I am surprised idaho associates with a misogynist racist liberal loser with rather low intelligence.

  39. Anonymouse1 on Thu, 27th Sep 2018 9:40 pm 

    The exceptionalturd craps this out….

    “I am surprised idaho associates with a misogynist racist liberal loser with rather low intelligence”

    Why you talking about your own sock puppet in such unflattering, if accurate terms? He is, you know, you after all.

    I especially like the part about ‘him’ being of ‘rather low intelligence’. Hit that nail right on the head there didnt ya, dumbass?

    Btw, no one cares if you are going to ‘Chicago’, or anywhere else for that matter davydumbass. So, besides arrogance, not sure why you feel the need to share something like, a matter of no interest to anyone. Next time your off to wall-mart, or wallgreens, be sure to let everyone know about that too….

  40. boney joe on Thu, 27th Sep 2018 10:39 pm 

    Anonymouse1

    So very funny because it’s all too true….. only in America.

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