PeakOil is You
Domestic consumption of oil producing nations.
Re: Sorry if this has been posted, but this is really bad n
by Ferretlover » Sun 09 Dec 2007, 14:32:52
... another crack in the dam......
"Open the gates of hell!" ~Morgan Freeman's character in the movie, Olympus Has Fallen.
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Re: Sorry if this has been posted, but this is really bad n
by Zardoz » Sun 09 Dec 2007, 15:53:35
Tehran
Kuwait City
Caracas
Baghdad
Moscow
Beijing
And we have the nerve to think of ourselves as an "intelligent species".
"Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
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Re: Sorry if this has been posted, but this is really bad n
by lorenzo » Sun 09 Dec 2007, 18:06:11
$this->bbcode_second_pass_quote('Zardoz', '
')And we have the nerve to think of ourselves as an "intelligent species".
')And we have the nerve to think of ourselves as an "intelligent species".
But isn't inefficiency the greatest luxury of all? We are the only playfully wasteful species.
Potlatch, excessive and lavish giving and wasting... the true essence of being human.
Would life be worth living without fundamentally engaging in excess and in a perpetual potlatch?
The only thing that distinguishes us from beasts and machines, is our capacity to indulge in luxury, playfulness and excess.
I think our oil habits illustrate the most profound finding in modern general economics, namely the importance of the "accursed share".
Georges Bataille: gift logic, excess, potlatch, luxury, accursed share.
Bataille, arguably the most important post-war continental philosopher, should be compulsory reading for all PO people.
The Beginning is Near!
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Re: Sorry if this has been posted, but this is really bad n
by shortonoil » Sun 09 Dec 2007, 19:53:32
Armageddon said:
$this->bbcode_second_pass_quote('', 'W')ell, considering most of them including Saudi Arabia think Saudi Arabia will increase their production to 15 mbpd in the near future, No, I do not think they are not taking this as serious as it is. I have a feeling Mexico is aware of their fate though.
$this->bbcode_second_pass_quote('', 'W')ell, considering most of them including Saudi Arabia think Saudi Arabia will increase their production to 15 mbpd in the near future, No, I do not think they are not taking this as serious as it is. I have a feeling Mexico is aware of their fate though.
$this->bbcode_second_pass_quote('', 'A')ccording to the NY Times, the economies of many big oil-exporting countries are growing so fast that their need for energy within their borders is crimping how much they can sell abroad, adding new strains to the global oil market. Experts say the sharp growth, if it continues, means several of the world’s most important suppliers may need to start importing oil within a decade to power all the new cars, houses and businesses they are buying and creating with their oil wealth. Indonesia has already made this flip. By some projections, the same thing could happen within five years to Mexico, the No. 2 source of foreign oil for the United States, and soon after that to Iran, the world’s fourth-largest exporter. In some cases, the governments of these countries subsidize gasoline heavily for their citizens, selling it for as little as 7 cents a gallon, a practice that industry experts say fosters wasteful habits. “It is a very serious threat that a lot of major exporters that we count on today for international oil supply are no longer going to be net exporters any more in 5 to 10 years,” said Amy Myers Jaffe, an oil analyst at Rice University. Rising internal demand may offset 40 percent of the increase in Saudi oil production between now and 2010, while more than half the projected decline in Iranian exports will be caused by internal consumption, said a recent report by CIBC World Markets. The report said “soaring internal rates of oil consumption” in Russia, in Mexico and in member states of the Organization of the Petroleum Exporting Countries would reduce crude exports as much as 2.5 million barrels a day by the end of the decade.
Of course they know about it! Don’t you think these Turkeys read the NY Times once in a while. Now that we know that they know, what is their real agenda? Are they just trying to convince everyone that the Energizer Bunny is real to keep the false economy going, or do they have more sinister plans in store for us. My personal opinion is that they are afraid of losing control if people become too aware, and since a good share of the world’s ruling elite are sociopaths, that doesn’t bode well for us little urchins.
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Re: Sorry if this has been posted, but this is really bad n
by cube » Sun 09 Dec 2007, 20:30:34
$this->bbcode_second_pass_quote('Twilight', '.')..
I view the historical role of subsidised fuel as governments fulfilling their part of an informal understanding with their subjects, namely that while revolt will have harsh consequences, there are other reasons of rational self-interest to acquiesce. Subsidised fuel is appeasement. It is a pragmatic response to local conditions, and it works. However much proponents of free markets dislike it, this status quo has been maintained for a long time to their benefit. Pragmatic thinkers understand that the world contains too many inconvenient facts for a truly free market. Simply put, the first revolution would kill it.
...
Realpolitik!
I view the historical role of subsidised fuel as governments fulfilling their part of an informal understanding with their subjects, namely that while revolt will have harsh consequences, there are other reasons of rational self-interest to acquiesce. Subsidised fuel is appeasement. It is a pragmatic response to local conditions, and it works. However much proponents of free markets dislike it, this status quo has been maintained for a long time to their benefit. Pragmatic thinkers understand that the world contains too many inconvenient facts for a truly free market. Simply put, the first revolution would kill it.
...
If subsidized fuel was a government policy limited to only oil producers then the situation wouldn't be as bad. Unfortunately there are oil importing nations that also subsidize fuel: China and India are some big examples.
It's bad enough that we're heading towards a brick wall at freeway speeds but this is the equivalent of installing a turbo-charger to "help" us reach PO even faster.
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