Posted: Mon Jun 30, 2008 7:41 am Post subject: Re: Another Record ($143.67)
frankthetank wrote:
Can you imagine the price of oil at 40mb a day! By then the country would be in a depression.
By the time we get to 40mb a day, price will long since have become irrelevant. No way will oil still be sold in an open market by then. It will be all about national agreements and military protection pacts. The price will be nominal and will be set forth by treaty. I'm starting to see that as the end game in Iraq. IMHO, the goal never was to win in Iraq. The goal was to justify US military presence there as a staging base. Bush's "mission accomplished" speech may have been more right than anyone realized. _________________ "I was born in a deep forest
I wish I could live here all my life
I am made from stones and roots
My home, these woods and roads
All my life I loved this sound
Of the woods all around
Eagles fly where the winds blow free" -Korpiklaani
Posted: Mon Jun 30, 2008 8:07 am Post subject: Re: Another Record ($143.67)
smallpoxgirl wrote:
frankthetank wrote:
Can you imagine the price of oil at 40mb a day! By then the country would be in a depression.
By the time we get to 40mb a day, price will long since have become irrelevant. No way will oil still be sold in an open market by then. It will be all about national agreements and military protection pacts. The price will be nominal and will be set forth by treaty. I'm starting to see that as the end game in Iraq. IMHO, the goal never was to win in Iraq. The goal was to justify US military presence there as a staging base. Bush's "mission accomplished" speech may have been more right than anyone realized.
Any guesses at which point global trade ends, leaving only little bilateral trade left? Next year? In five years? Ten?
Posted: Mon Jun 30, 2008 8:22 am Post subject: Re: Another Record ($143.67)
MrBean wrote:
Any guesses at which point global trade ends, leaving only little bilateral trade left? Next year? In five years? Ten?
I think that will probably happen once the population at large starts to accept peak oil as a certainty. I think that will happen once the plateau ends and it becomes clear that production levels have dropped and aren't coming back up. I'd guess maybe 75mb/d would be a target. I'd imagine that we'll start to see significant interference with NYMEX within the next year, and within 5 years, open trading of oil will be extinct. _________________ "I was born in a deep forest
I wish I could live here all my life
I am made from stones and roots
My home, these woods and roads
All my life I loved this sound
Of the woods all around
Eagles fly where the winds blow free" -Korpiklaani
Joined: Dec 08, 2004 Posts: 1542 Location: Nez Perce Nation
Posted: Mon Jun 30, 2008 8:23 am Post subject: Re: Another Record ($143.67)
smallpoxgirl wrote:
I'm starting to see that as the end game in Iraq. IMHO, the goal never was to win in Iraq. The goal was to justify US military presence there as a staging base. Bush's "mission accomplished" speech may have been more right than anyone realized.
This was near to my thinking back in 2003 to present SPG. The reasons given for the Iraq War and the rhetoric surrounding it lacked a ring of truth. Research on the subject lead me to the Peak Oil theory and finally to this website. I can thank the Bush Administration for that. However, it also opened a frightening view of the future.
We can't know the strategic plans in play but we can guess and I would say that an attack on Iran is very likely before Bush leaves office. Then any new administration will be locked into a policy they cannot easily extract themselves from. See Bush I's incursion into Somalia at the end of his term. He left Clinton a mess, which Clinton proceeded to make even worse. _________________ "Modern Agriculture is the use of land to convert petroleum into food."
-- Albert Bartlett
"It will be a dark time. But for those who survive, I suspect it will be rather exciting."
-- James Lovelock
Joined: Sep 16, 2004 Posts: 4279 Location: Southwest WI
Posted: Mon Jun 30, 2008 8:50 am Post subject: Re: Another Record ($143.67)
So how will gasoline prices be set? I'm guessing rationing will look very likely in the next 5 years? _________________ "Oil is going up because we use too much oil, and the capacity to replace reserves is dwindling"
-President Bush 11/07/07
Posted: Mon Jun 30, 2008 8:53 am Post subject: Re: Another Record ($143.67)
DomusAlbion wrote:
This was near to my thinking back in 2003 to present SPG. The reasons given for the Iraq War and the rhetoric surrounding it lacked a ring of truth.
Yeah. It was always obvious there was an oil motive involved. What's new for me is the idea that the ensuing chaos was an accepted part of the plan. The question is, if they're going to stir up the hornets nest that is Iran, do they first need things to be more settled in Iraq. Maybe the answer is no. Maybe as long as they can protect the oil fields, it doesn't really matter for US foreign policy how much blood is flowing in the streets of Baghdad.
Quote:
See Bush I's incursion into Somalia at the end of his term. He left Clinton a mess, which Clinton proceeded to make even worse.
I'm still not convinced they actually will attack Iran right now. I'm pretty sure it would mean oil prices of $200+. That would have Wall Street soiling itself. Once production starts to decline, all bets are off. _________________ "I was born in a deep forest
I wish I could live here all my life
I am made from stones and roots
My home, these woods and roads
All my life I loved this sound
Of the woods all around
Eagles fly where the winds blow free" -Korpiklaani
Joined: Apr 27, 2007 Posts: 4262 Location: The Great Sonoran Desert
Posted: Mon Jun 30, 2008 8:55 am Post subject: Re: Another Record ($143.67)
DA and SPG
Your recent posts have been fully discussed in the 911 thread related to "why Iraq?" and "their" plan and the end game.
Keep in mind Kissinger said in the 70s that 80% of the global population needed to be culled and that oil was far too important a resource to allow the Arabs to control.
I would encourage the both of you to re and re-read salient entries in that thread (as AP would say).
This all really should come as no suprise, but I can understand how most go kicking and screaming to break from the great illusion. _________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Posted: Mon Jun 30, 2008 9:58 am Post subject: Re: Another Record ($143.67)
DA wrote: "We can't know the strategic plans in play but we can guess and I would say that an attack on Iran is very likely before Bush leaves office."
There will be no new administration. Bush will declare marshal law, lock up all muslims, peace activists, gas-price prtesters, posters on this site...
He could do this even before he and the congress dissolved the constitution, and now there is nothing in his way. We're already spitting distance from $150. We could easily be at $200 before election time. The bank melt down will be unstoppable by then, the dollar worthless as anything but toilet paper.
Lots of reasons to istitute marshal law.
The one hope is that Bush will have destroyed the military to such an extent that his orders will be uninforcable, or that the military will finally refuse to obey his orders. But the mayhem that will be unfolding will make many call for the sense of control that marshal law would provide.
Oil will be rationed or simply not available to anyone but the military and perhaps some emergency services.
I mean.. c'mon. Oil temporarily plummeted 3 dollars back down below the new all-time high set today and the stock market is rallying like there's no tomorrow. I mean, really. What is everyone around here so worried about?
Joined: Apr 27, 2007 Posts: 4262 Location: The Great Sonoran Desert
Posted: Mon Jun 30, 2008 11:30 am Post subject: Re: Another Record ($143.67)
dohboi wrote:
DA wrote: "We can't know the strategic plans in play but we can guess and I would say that an attack on Iran is very likely before Bush leaves office."
There will be no new administration. Bush will declare marshal law, lock up all muslims, peace activists, gas-price prtesters, posters on this site...
He could do this even before he and the congress dissolved the constitution, and now there is nothing in his way. We're already spitting distance from $150. We could easily be at $200 before election time. The bank melt down will be unstoppable by then, the dollar worthless as anything but toilet paper.
Lots of reasons to istitute marshal law.
The one hope is that Bush will have destroyed the military to such an extent that his orders will be uninforcable, or that the military will finally refuse to obey his orders. But the mayhem that will be unfolding will make many call for the sense of control that marshal law would provide.
Oil will be rationed or simply not available to anyone but the military and perhaps some emergency services.
Cool
DA and SPG began speculating on Shanny's great thread and here we are...back in my neighborhood.
Since the mods gave the green light tp speculate...
Here goes...
You are dead right dohboi !
Bush is not going anywhere.
Martial law, the amero, and food riots will be main news stories...
and all of it...all of it...all of it was triggered on 911. _________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Joined: Apr 13, 2005 Posts: 2893 Location: St.Louis, Mo
Posted: Mon Jun 30, 2008 12:03 pm Post subject: Re: Another Record ($143.67)
roccman wrote:
dohboi wrote:
DA wrote: "We can't know the strategic plans in play but we can guess and I would say that an attack on Iran is very likely before Bush leaves office."
There will be no new administration. Bush will declare marshal law, lock up all muslims, peace activists, gas-price prtesters, posters on this site...
He could do this even before he and the congress dissolved the constitution, and now there is nothing in his way. We're already spitting distance from $150. We could easily be at $200 before election time. The bank melt down will be unstoppable by then, the dollar worthless as anything but toilet paper.
Lots of reasons to istitute marshal law.
The one hope is that Bush will have destroyed the military to such an extent that his orders will be uninforcable, or that the military will finally refuse to obey his orders. But the mayhem that will be unfolding will make many call for the sense of control that marshal law would provide.
Oil will be rationed or simply not available to anyone but the military and perhaps some emergency services.
Cool
DA and SPG began speculating on Shanny's great thread and here we are...back in my neighborhood.
Since the mods gave the green light tp speculate...
Here goes...
You are dead right dohboi !
Bush is not going anywhere.
Martial law, the amero, and food riots will be main news stories...
and all of it...all of it...all of it was triggered on 911.
Joined: Mar 19, 2005 Posts: 797 Location: Bridge City
Posted: Mon Jun 30, 2008 12:29 pm Post subject: Re: Another Record ($143.67)
smallpoxgirl wrote:
Bush's "mission accomplished" speech may have been more right than anyone realized.
hmmmmmmmmmmmmm....................
*strokes beard*
*i would if i had a beard*
*i don't have a beard* _________________ "if god doesn't exist, it is necessary that we invent him" - Voltaire
Tapis is getting scarily close to $150. _________________ "Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
Joined: Dec 02, 2005 Posts: 6284 Location: Oil-addicted Southern Californucopia
Posted: Mon Jun 30, 2008 1:48 pm Post subject: Re: Another Record ($143.67)
roccman wrote:
You are dead right dohboi !
Bush is not going anywhere.
Martial law, the amero, and food riots will be main news stories...
When Obama takes office next January, what will you all you President-For-Life Dubya buffs say then? _________________ "Thank you for attending the oil age. We're going to scrape what we can out of these tar pits in Alberta and then shut down the machines and turn out the lights. Goodnight." - seldom_seen
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum