by Peleg » Mon 23 Jun 2008, 02:03:33
$this->bbcode_second_pass_quote('MonteQuest', '
')Who is going to do without energy while it is diverted to build anything, nuke, wind, solar or whatever?
That is a sublime point. There is a cost to getting new energy on line. Is there a place where the cost of new energy makes bringing that energy to market ineffectual?
Could it be possible that we do not see massive increases in exploration, oil infrastructure investment, because the very well trained and highly paid economists for those companies realize there is no return on investment?
Puppets on a string! Dance! Dance!
We have to wake up here. Everyone who understands what we know or more (which is probably a few million people in the world) are near to the issue in ways that most of us are not. There is no way that people at the top are not painfilly aware of peak oil, and where we are on the depletion timeline. The problem is getting those folks to have any sort of trust in the reactions of the common man. In fact I doubt they think it would be a good thing to have some type of 'get out your agression' session with 45 million Americans with no healthcare when you suddenly tell them they are not going to have gas to get to work either.
Let me go on record now and say that I have strong suspicions that the real details of peak oil will be part of the greatest cover-up in human history. The Saudi's had the chance to tell us at Jeddah that they really could not produce any more of the kind of oil the world really wants and that they are only going to be able to give us a limited increase of the sour stuff. Instead they said 'We are going to pump more!' We said, 'Surely there is no crisis and if you would just pump more oil everything would be better.' And they said, 'Yes you are right, so we will pump more oil!'
The founder of that Dynasty was a desert fox, a man who fought several wars with clever tribes to gain his kingdom. Are his children stupid? No.
The American consumer is proving him/herself to be stupid. Gee-gollying our way through the calculus of whether the smiling fellow in the head scarf really likes us or not.