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We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.

Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.

We are going to have to import more of our oil. Period.

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Author Message
  Topic: What about nonprofit organizations?
jaws

Replies: 5
Views: 929

PostForum: Depletion Economics   Posted: Tue Sep 19, 2006 6:17 pm   Subject: Re: What about nonprofit organizations?
I've never seen such a thing as a non-profit organization. They have to eat just as anyone else.
  Topic: Infinity miles per gallon
jaws

Replies: 19
Views: 2146

PostForum: Current Energy News   Posted: Wed Sep 13, 2006 12:41 am   Subject: Re: Infinity miles per gallon
The builder claims $2,000 for the runabout featured in that video. Read the comments and you will see he mentions it. Sounds about right, as I know the prices of the components that are used in vehicl ...
  Topic: Infinity miles per gallon
jaws

Replies: 19
Views: 2146

PostForum: Current Energy News   Posted: Tue Sep 12, 2006 10:48 pm   Subject: Re: Infinity miles per gallon
What does it cost?
  Topic: Whatever happened to stagflation?
jaws

Replies: 25
Views: 2963

PostForum: Current Energy News   Posted: Mon Sep 11, 2006 1:25 pm   Subject: Re: Whatever happened to stagflation?
The capital goods market is crashing.
  Topic: German Economy booming
jaws

Replies: 25
Views: 2433

PostForum: Depletion Economics   Posted: Thu Sep 07, 2006 5:56 pm   Subject: Re: German Economy booming
Ireland is a victim of its own success, just like London. Housing is expensive, but that's because everyone wants to go there. If you're a young person starting out in life, that you can buy a house c ...
  Topic: German Economy booming
jaws

Replies: 25
Views: 2433

PostForum: Depletion Economics   Posted: Wed Sep 06, 2006 10:21 pm   Subject: Re: German Economy booming
*scratches head in confussion*

I thought Germany was stagnating? Wink
You can't stagnate at the bottom of the barrel forever.
  Topic: Mass mobilisation in India: 3 mio biodiesel trees in 11hours
jaws

Replies: 10
Views: 979

PostForum: Current Energy News   Posted: Tue Sep 05, 2006 1:43 pm   Subject: Re: Mass mobilisation in India: 3 mio biodiesel trees in 11h
Wow 3 million trees all of the same species planted in 11 hours. I'm sure there is no issue with pests and disease building up in what must be miles of monoculture.
Like Lorenzo said, this is only ...
  Topic: Europe, Why don’t we have guns?
jaws

Replies: 82
Views: 14284

PostForum: Europe Discussion   Posted: Fri Aug 25, 2006 7:10 pm   Subject: Re: Europe, Why don’t we have guns?
Well it all started at Westphalia when a couple of rich dudes decided it wasn't a good idea for people other than them to have weapons...
  Topic: I can't get my head around inflation/interest rates
jaws

Replies: 70
Views: 6689

PostForum: Depletion Economics   Posted: Fri Aug 25, 2006 12:54 pm   Subject: Re: I can't get my head around inflation/interest rates
Sorry Jaws, I just well up inside when I read your posts sometimes.

Remember the 10 page thread where you defended monopolies, from a "free market, neo-liberal" perspective? I feel the term "dumba ...
  Topic: I can't get my head around inflation/interest rates
jaws

Replies: 70
Views: 6689

PostForum: Depletion Economics   Posted: Fri Aug 25, 2006 12:52 pm   Subject: Re: I can't get my head around inflation/interest rates
You mean, it will only affect everything that is transported? That's almost everything, isn't it?
Not everything. The internet transports things at almost zero cost.
You mean that, if it costs more ...
  Topic: I can't get my head around inflation/interest rates
jaws

Replies: 70
Views: 6689

PostForum: Depletion Economics   Posted: Fri Aug 25, 2006 1:32 am   Subject: Re: I can't get my head around inflation/interest rates
Wage inflation has the potential to cause prices across the board to spike up--but that's not what we have here. We have price inflation that is eating into wages, dumbass.
You're the dumbass. There ...
  Topic: Steorn (Irish company) claims free energy discovery
jaws

Replies: 36
Views: 3462

PostForum: Current Energy News   Posted: Thu Aug 24, 2006 12:17 am   Subject: Re: Thermodynamics no longer valid in Ireland
I think I'll reserve judgment. I have sincere doubts about the ability of their invention, whatever it may be, but I'm not going to say it can't be done. It may be that the laws have to be re-writte ...
  Topic: I can't get my head around inflation/interest rates
jaws

Replies: 70
Views: 6689

PostForum: Depletion Economics   Posted: Wed Aug 23, 2006 3:30 pm   Subject: Re: I can't get my head around inflation/interest rates
Higher fuel costs aren't inflationary. Inflation causes higher fuel costs.

Don't listen to Keynesians. They're confusing you.
  Topic: Nepal rolls back oil price rise after protests
jaws

Replies: 4
Views: 520

PostForum: Current Energy News   Posted: Sun Aug 20, 2006 10:40 pm   Subject: Re: Nepal rolls back oil price rise after protests
There can't be a revolution without revolutionaries.
  Topic: Texas agriculture losses worst ever
jaws

Replies: 20
Views: 2083

PostForum: Current Energy News   Posted: Thu Aug 17, 2006 6:49 pm   Subject: Re: Texas agriculture losses worst ever
Purely by the law of large numbers, there is always someplace that must be having exceptional conditions.

If you picture the bell curve and apply it to "weather conditions". then there will be a ta ...
 
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