by tokyo_to_motueka » Tue 18 Oct 2005, 04:38:46
counterpunch
$this->bbcode_second_pass_quote('', '[')size=134]The Virtues of Gas Guzzling:
Why I Don't Believe in "Peak Oil"[/size]
Since I don't believe in "peak oil" (the notion that world production is peaking and will soon slide, plunging the world into economic chaos) and regard oil "shortages" as contrivances by the oil companies and allied brokers and middlemen to run up the price, I fill my aging fleet of 50s and 60s era Chryslers with a light heart, although for longer trips these days I fill an 82 Mercedes 240D with diesel. True, diesel these days costs more than high-octane gasoline but the Mercedes gets 35 miles to the gallon, whereas the 59 Imperial ragtop and the 62 Belevedere wagon get around 18 mpg, which is still way ahead of the SUVs.
$this->bbcode_second_pass_quote('', 'A')nd what of "peak oil", the theory that oil is about to run out? Since we're all supposed to be dying of avian flu in the near future, who cares since there'll be no one around to work the pumps or even drive up to them? I don't believe in any effective role of man-made CO2 in global warming, a natural cyclical trend. I think the mad rush to throw money at the pharmaceutical companies for an avian flu vaccine is ridiculous. And increasingly, I don't believe we're about to run out of oil. I hang my hat on the views of Dr.Thomas Gold (founding director of Cornell University Center for Radiophysics) as outlined in his 1999 book, The Deep Hot Biosphere.
Gold's view, supported by many well qualified people, is that oil doesn't come from dead dinosaurs and kindred organic matter. Gold argues strongly that oil is a "renewable, primordial soup continually manufactured by the Earth under ultrahot conditions and tremendous pressures. As this substance migrates toward the surface, it is attached by bacteria, making it appear to have an organic origin dating back to the dinosaurs." Oil, Earth's renewable resource! Ethanol is an attractive alternative, as Brazil is proving. But ethanl will be a tough sell here, so for the time being I'll stay with the winning side.
this is most unfortunate.
looks like i won't be renewing my counterpunch subscription next year.
i really respect Cockburn on a lot of things, but this is just foolish.