Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Joined: Jun 28, 2005 Posts: 524 Location: The Netherlands
Posted: Wed Jun 28, 2006 3:28 am Post subject: Good news from Dallas: democracy will liberate oil
Sometimes the solution can be so simple:
Quote:
While the world has enough proven and unproven reserves of oil to meet demand for the next 100 years, much of it lies under countries with economies that do not provide market incentives to encourage production, according to a new report by the National Center for Policy Analysis (NCPA). The report also points out that the lack of incentives increases the importance of tapping resources in countries with free economies, such as Canada and the United States.
"We have the oil to fuel our future energy needs," noted NCPA Senior Fellow H. Sterling Burnett, who authored the report. "Unfortunately, a lot of it is artificially out of reach due to a lack of economic freedom in the Middle East and South America, or a hyper-sensitivity to environmental activists in the U.S." The NCPA report in part was based on a recent article published by the Federal Reserve Bank of Dallas.
Surging demand for oil in rapidly developing countries like China and India and sustained demand in the United States and the rest of the world has outstripped growth in global production, reducing excess capacity and pushing oil prices to an all-time high, according to the report. The global economy uses approximately 85 million barrels of oil per day. However, the U.S. Geological Survey places the world's remaining conventional oil resources (including unproven resources) at 2.6 trillion barrels. However, the world's oil wealth in concentrated in relatively few, mostly countries where societies are not free or are repressed.
So all the US needs to do, is bringing democracy round those places (as they seem to have done already recently), and plenty of oil will be available to all. Even for the next full century. No need to worry about rising demand or any other such factors.
Democracy can sometimes be sheer magic.
Provided you kick out those darn environmental activists, who have no place in oil democracy, but that's understood. _________________ The greatest shortcoming of the human race is our inability to understand the exponential function.
Joined: Oct 17, 2005 Posts: 68 Location: The Netherlands
Posted: Wed Jun 28, 2006 4:07 am Post subject: Re: Good news from Dallas: democracy will liberate oil
America just needs to occupy bring democracy to Venezuela, Nigeria, Saudi Arabia, Iran and Russia. Boy the inhabitants of those countries will be thrilled. America will have all the oil for its future needs.
Posted: Wed Jun 28, 2006 4:20 am Post subject: Re: Good news from Dallas: democracy will liberate oil
Okay, so we've burned 1 trillion and there are 2.6 trillion more. That means peak will occur at 1.8 trillion, more or less. At 30+ gb/year, that means we have a whopping 27-30 years left until the most optimistic circumstances. Fark, it'll take 100 years to 'liberate' the entire ME/South America. Why not just get off of oil?
Posted: Wed Jun 28, 2006 6:56 am Post subject: Re: Good news from Dallas: democracy will liberate oil
The way America is bastardizing democracy it will be seen as a dirty word in most of the world. America has twisted the term to mean the complete oposite of what true democracy is. Democracy in the traditional definition does not mean liberating oil or markets. Venezuela is a democracy. Iran to some extent is a democracy. Both countries' governments more or less are following the will of their people. That is democracy. Both countries have choosen to protect their oil from exploitation. That is democracy. They don't want market reforms ramed down their throats. Invading these countries over oil is Imperialism which is the complete oposite of democracy. Using military force to overturn the will of these people is certainly not democracy. Freedom does not equal slavery.
U.S. Newswire is a national news release wire service which provides a direct communications system between the world's leading public interest news sources and the news media that cover them.
This is their "leading public interest news source":
The National Center for Policy Analysis is a "communications and research foundation dedicated to providing free market solutions to today's public policy problems ... [and] prides itself on aggressively marketing its products for maximum impact by 'targeting key political leaders and special interest groups, establishing on-going ties with members of the print and electronic media, and testifying before Congress, federal agencies, state lawmakers, and national organizations." -- NCRP, The Strategic Philanthropy of Conservative Foundations
The National Center for Policy Analysis (NCPA) is a nonprofit, nonpartisan public policy research organization, established in 1983. The NCPA's goal is to develop and promote private alternatives to government regulation and control, solving problems by relying on the strength of the competitive, entrepreneurial private sector. Topics include reforms in health care, taxes, Social Security, welfare, criminal justice, education and environmental regulation.
Glad to see the source of this story is an unbiased outfit with no agenda. And I'm thrilled to hear that the energy crunch is all about marketing rather than geology.
The denialist bullshit about Peak Oil just gets deeper and deeper. _________________ "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: Aug 13, 2005 Posts: 603 Location: BlueRidgeVA
Posted: Thu Jun 29, 2006 5:37 am Post subject: Re: Good news from Dallas: democracy will liberate oil
Novus wrote:
The way America is bastardizing democracy it will be seen as a dirty word in most of the world.
The Bushites view democracy in terms of markets for big business- not popular control of government processes. To them, the drive for "democracy" in the oil regions means a government willing to work with US corporations in terms of access to natural resources and retail markets.
Such access in these oil-rich regions would mean US energy companies are allowed in to do a whirlwind development of drilling and infrastructure. This would create a big over-supply of oil and gas which would drive down their market price.
Then we can suck out the resources quickly and at low prices. Great for us but not so great for those countries whose future is intertwined with the maximization of their energy resources into the future.
They end up as wind-whipped social and economic backwaters in just a few short years.
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