TONIGHT – Ce Soir, Esta Noche on The ENERGY Show!
How does the world end? With a bang, or a whimper? Does it COLLAPSE? Or… Contract? We’ll spool out collapse-contraction scenarios, from most to least probable, and least to most hopeful…
I’ll read your contributions on the Chat Room Page.
And take your calls. Call in: 646-568-1021 / Toll Free – 877-456-7631
Bis Abend! Questa Notte! Tonight! Sunday, 10PM EST.
Leaking? Who’s leaking? Corium? What’s that? Pacific Ocean fishing? Lawsuits across the Pacific Rim? And more…
And – Fracking Frackholes! Texas towns running out of water. Homes go bust, owners can’t move, sell or burn for insurance money!
COLLAPSE? Or Contraction?
Will the United States implode?? Or will we Learn to STOP, DROP and ROLL – and realize the trouble we’re in? Will we learn to manage ourselves into an economic and cultural CONTRACTION that stabilizes our oil-fall?
Peak Oil? I thought it was a “myth!?”
No, not a myth – but a breaking reality. Yes, the reality of oil is that we’re not producing more oil year by year – we’re producing LESS, despite breaking the country with Frackholes. But we’re USING more and more.
What’s the inevitable equation? (Use more, have less. Produce less, use more… Let’s subtract…then divide… and…) Shoot! We’re losing!
Even ol’ Dick Cheney knew it in 2000, when he held a secret (FOIA-revealed) energy policy conference, high-lighting the map of Iraq and all its oil reserves. (Remember 2000? Before the permanent occupation of the Middle East??) Me, neither.
From Mike Ruppert’s From The Wilderness.com:
“Last July, after appealing a Freedom of Information Act (FOIA) request for NEPDG documents, Judicial Watch won a small victory with the release of seven pages of NEPDG documents.
• A detailed map of all Iraqi oil fields (11% of world supply);
• A two-page specific list of all nations with development contracts for Iraqi oil and gas projects and the companies involved,
• A detailed map of all Saudi Arabian oil fields (25% of world supply)
• A list of all major oil and gas development projects in Saudi Arabia,
• A detailed map of all the oil fields in the United Arab Emirates (8% of world supply),
• A list of all oil and gas development projects in the UAE.
In their austerity, the documents scream of what [the national energy meeting] NEPDG was debating. If 7.5 million barrels per day of new oil production was to be secured from any place there was only one place to get it – the Persian Gul.
All told, including Qatar (firmly under US control and the home of headquarters for US Central Command) and Iran, the Gulf is home to 60% of all the recoverable oil on the planet.
Not only would these oil fields have to be controlled, billions of dollars in new investment would be required to boost production to meet US needs, simultaneously denying that same production to the rest of the world where demand is also soaring.”
Provide YOUR vision for the US and World Economy at the show chat.
Still don’t understand the 9/11-Peak Oil Connection?
Here is my anti-Iraq war essay from 2002, pre-invasion, from a 30,000 person protest I attended in San Francisco.
In the essay, I cite the early 2001 paper, “Strategic Energy Policy Initiatives for the 21st Century,” from the Rice University think tank under Bush Sr’s man, James Baker‘s policy Institute. The paper was republished in Foreign Affairs and formed the BASIS for the Iraq War, and the pre-text for staging the 9/11 events:
Ignore the bits about the protest (or read and remember it), then go to the quotes. Tell me, does it SEEM like they didn’t KNOW we were running out of CHEAP, good oil?
“For many decades now, the United States has been without an energy policy…
“…The world is currently precariously close to utilizing all of its available global oil production capacity, raising the chances of an oil-supply crisis with more substantial consequences than seen in three decades…
“…These limits mean that America can no longer assume that oil-producing states will provide more oil…”
“…The American people need to know about this situation and be told as well that there are no easy or quick solutions to today’s energy problems… ”
“…[The] government will need to increase its vigilance and be prepared to deal with sudden supply disruptions. The consequences of inaction could be grave…”
“…The situation is, by analogy, like traveling in a car with broken shock absorbers at very high speeds…”
“…There are no easy, overnight, and politically attractive solutions to the country’s or the world’s infrastructure and supply problems…”
“…There is no place at home or abroad where enough oil or gas can be developed fast enough to moderate prices in the next six to twelve months…”
“…There is no cost-free way to allow unrestricted energy use and simultaneously safeguard the environment…”
“…There are no overnight solutions to the energy supply and infrastructure bottlenecks facing the nation and the world…”
“…U.S. energy independence is not attainable…”
“…As it is, national solutions alone cannot work. Politicians still speak of U.S. energy independence, while the United States is importing more than half of its oil supplies.”
“Indeed, the US imports almost a million barrels of Iraqi oil a day…”
“Over the past year, Iraq has effectively become a swing producer, turning its taps on and off when it has felt such action was in its strategic interest to do so…”
“Bitter perceptions in the Arab world that the United States has not been evenhanded in brokering peace negotiations between Israel and the Palestinians have … given political leverage to Iraq’s Saddam Hussein to lobby for support among the Arab world’s populations…”
“The United States should conduct an immediate policy review toward Iraq including military, energy, economic and political/diplomatic assessments…”
“In some measure, concessions will have to be made that will impinge on certain local environment goals, states rights, Middle East policy, economic sanctions policy, Russia policy, and hemispheric and international trade policy…”
“So, we come to the report’s central dilemma: the American people continue to demand plentiful and cheap energy without sacrifice or inconvenience. But emerging technologies are not yet commercially viable to fill shortages and will not be for some time. Nor is surplus energy capacity available at this time to meet such demands.”
“Indeed, the situation is worse than the oil shocks of the past because in the present energy situation, the tight oil market condition is coupled with shortages of natural gas in the United States, heating fuels for the winter, and electricity supplies in certain localities.”
“Energy infrastructure can be rebuilt and expanded rapidly only if the government actively facilitates private-sector decision-making and investment…”
“It is equally important that the public understand the environmental and public-health consequences of unfettered energy consumption. The government should take a leadership role in fostering such understanding…”
SOURCE: “Strategic Energy Policy Challenges for the 21st Century” Report of an Independent Task Force Sponsored by the James A. Baker III Institute for Public Policy of Rice University and the Council on Foreign Relations, March 2001.