Celcius

Peak Oil for Dummies

"Unless there are major technological advances in the next few years then we are in for a century of war and famine."

The rate of decline will determine the severity of the crisis. Our national dependence on oil and being the world's largest military superpower should scare the hell out of oil producers. The US military will take what it needs from the world to survive in its current incarnation. We have more to fear from within than from without. Because we will be the aggressor in this conflict. And, we will spin it within some form of morality that belies our greed.


On Aug 09 09:47 AM Poborsky wrote:

> Great article. I believe that peak oil has already passed. There
> may be a good amount to be discovered in the arctic etc, but it will
> take many years to bring this online. US consumption alone is around
> 18m barrels per day. Do the maths and its frightening. Its not possible
> to keep up with supply. With many oil exporting nations being at
> the other side of the bell curve, they will stop exporting and have
> to use supply for their own demand. We at at the crossroads now.
> Consequences are too scary to contemplate. World population increased
> with the advent of the age of oil. Unless there are major technological
> advances in the next few years then we are in for a century of war
> and famine.

California Resource Maximization: Marijuana First, Then Oil

Unfortunately, rail is the only long-term solution available. Americans are consistently myopic in the belief that we can continue to support personal transportation machines into the next century. The sooner that we migrate our urban design to mass transit the better, so that we can maximize their benefits. We faced peak oil last year and look what it did to the global economy. It crashed the US's financial house of cards. Once oil demand rebuilds the price will skyrocket again. The sad thing is that this country can't plan beyond one election for infrastructure.

Hold or Fold This Bear Rally?

I agree!


On May 10 10:53 AM dcb wrote:

> the guy took down all his old posts on his blog so people could not
> really see how wrong he has been the entire time. then he shows up
> on a web site he never has before when he has been calling the bottom
> for over a year ( actually he was advocating buy at the peak and
> all the way down and never selling). therefore if he has been stupid
> enough to follow his own advice he has lost a fortune and been fully
> invested all the way down. (But, I don't think he really makes a
> living or really has enough money around to make a significant investment).
> having looked back over all the graphs on the S&P I can tell
> you this type of rally in this short of time I can't find.
>
> So cetin got lucky, but it doesn't take away from the fact that he
> is hiding his history. the fact that after I pointed out the mistakes
> he has made and he took down the posts shows his true colors. like
> most fraudsters he can;t stand to have the light of day exposing
> him.
>
> his posts and behavior are all characteristic of someone with a mental
> illness. perhaps some aspergers, narcissistic personality disorder,
> slight touch of either bilpolar or schizophrenia.
>
> On May 10 08:24 AM fxmaven wrote: