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Pull the other one, Van der Veer!

General discussions of the systemic, societal and civilisational effects of depletion.

Pull the other one, Van der Veer!

Unread postby Judgie » Thu 20 Sep 2007, 19:48:24

From the article "The Debate Behind $80 Oil" from the Peakoil.com homepage:

$this->bbcode_second_pass_quote('', '
')Van der Veer's comments echoed those of Exxon chief executive Rex Tillerson, who said earlier this month that he "cannot explain why we have $70 oil today. We are not having trouble finding oil. There is something else going on that I don't get."


Yeh-he-he, bulls**t!

These are the CEO's of Multi-billion dollar companies we're listening to, and we all know that in their positions, they NEVER fail to understand or "get" anything. Is anyone else sick and tired of the spin-doctoring and thinks that these men should just come clean............................



about the real cause of high oil prices? :P
"That the cream cannot help but always rise up to the top, well I say, <censored by peakoil.com> floats"

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Re: Pull the other one, Van der Veer!

Unread postby Homesteader » Thu 20 Sep 2007, 20:51:55

$this->bbcode_second_pass_quote('Judgie', 'F')rom the article "The Debate Behind $80 Oil" from the Peakoil.com homepage:

$this->bbcode_second_pass_quote('', '
')Van der Veer's comments echoed those of Exxon chief executive Rex Tillerson, who said earlier this month that he "cannot explain why we have $70 oil today. We are not having trouble finding oil. There is something else going on that I don't get."


Yeh-he-he, bulls**t!

These are the CEO's of Multi-billion dollar companies we're listening to, and we all know that in their positions, they NEVER fail to understand or "get" anything. Is anyone else sick and tired of the spin-doctoring and thinks that these men should just come clean............................



about the real cause of high oil prices? :P


We are not having trouble finding oil. There is something else going on that I don't get, however the profits are so fantastic that I don't want to look a gift horse in the mouth." :-D
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Re: Pull the other one, Van der Veer!

Unread postby Nano » Fri 21 Sep 2007, 09:58:46

$this->bbcode_second_pass_quote('Judgie', 'I')s anyone else sick and tired of the spin-doctoring and thinks that these men should just come clean............................

about the real cause of high oil prices? :P


They won't come clean, because their interests obviously dictate otherwise.

I am so sick and tired that these days I can't help thinking about blowtorches and electric drills whenever I hear about these bastards.

In my country I've proposed nationalising our own Royal Dutch Shell company, if only to make their *true* understanding and data about the oil problem available to the public. I hate the thought that all over the country renewable energy, and efficiency projects are unable to be started because of the sustained (even today) perceived risk of a plunge in energy prices. In my work as an energy technology consultant I see this happening to perhaps 90% of promising projects. Now 2 years ago I could forgive this, but STILL the investors are uncertain due to the ramblings of these CEO's. In other words: major peak oil mitigation projects that are economically feasible at todays energy prices are being stalled because decision-makers still think energy prices are going to fall by up to 50%!

So even the small ray of hope that we have of getting at least some mitigation infrastructure up and running in time for peak oil is being dashed as we speak. Someone, somewhere, will have to pay the ultimate price for this, and it seems to me the CEO's of these oil companies and other paid liars, lobbyists and spin-doctors should be the first in line to bite the big one.
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Re: Pull the other one, Van der Veer!

Unread postby Doly » Fri 21 Sep 2007, 10:49:15

$this->bbcode_second_pass_quote('Nano', 'I')n other words: major peak oil mitigation projects that are economically feasible at todays energy prices are being stalled because decision-makers still think energy prices are going to fall by up to 50%!


That sums up beautifully why market forces don't work, in spite of what rabid defenders of the "invisible hand" of Adam Smith say. When you have a situation like peak oil, with demand outstriping supply, you don't only have rising prices, you also have rising volatility (because both demand and supply are quite inelastic). This pretty much wrecks the argument that market forces could solve the problem. I personally think that even in a smooth ride market forces wouldn't solve the problem, because by the time you get rising prices it's a bit too late to try to resolve it. But with volatility added to it, you practically guarantee that it all goes to hell before anyone has done anything significant.
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