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.
Posted: Tue Aug 15, 2006 8:14 pm Post subject: Peak Oil comes to Pittsburgh, PA
This past Sunday, I was surprised to open the Pittsburgh Post-Gazette and find a Peak Oil commentary on the first page of the forum section. While not the front page, this is certainly progress …
Pittsburgh Post-Gazette
Forum: Peak Oil -- get used to it
Sunday, August 13, 2006
BYRON W. KING
“…Peak Oil is based on a large and powerful body of evidence that mankind has reached a "peak" in its ability to extract and recover the relatively light, sweet (i.e., low-sulfur content) rock oil of the planet through the use of traditional industrial methods of recovery. The Peak Oil concept was pioneered by a U.S. geologist named M. King Hubbert (1903-89), who correctly predicted in the 1950s that U.S. domestic oil extraction would "peak" in 1970, which is exactly what occurred.”
“…It's time to say farewell to the oil age.
The future is one of rapid transition to a world economy hamstrung by irreversible decline in available volumes of conventional oil. Oil supplies of the future will be severely constrained, highly volatile and very expensive. You can expect to see chronic shortages on a routine basis.
The ability of nations all over the world to maintain real, inflation-adjusted gross domestic products will be severely constrained by these impending oil shortages. And the increased cost of energy across the board, and certainly for the energy contained within a usable barrel of oil, will drive up the rate of inflation.
I began this essay with a reference to Sen. Everett Dirksen. He was also fond of citing the French writer Victor Hugo, who wrote that "Stronger than all the armies is an idea whose time has come." The time has come for people to accept the idea of Peak Oil. Start planning now.”
Joined: Sep 29, 2004 Posts: 2330 Location: Pennsylvania, USA
Posted: Tue Aug 15, 2006 8:36 pm Post subject: Re: Peak Oil comes to Pittsburgh, PA
Ah Pittsburgh, homebase of the Standard Oil empire - where it all started. _________________ "That's the problem with mercy, kid... It just ain't professional" - Fast Eddie, The Color of Money
Posted: Wed Aug 16, 2006 8:41 am Post subject: Re: Peak Oil comes to Pittsburgh, PA
Chuckmak wrote:
PITTSBURGH!
STEEL CITY!
chea!
...that's all i have to add.
STEELERS! STEELERS! STEELERS! _________________ I want to put out the fires of Hell, and burn down the rewards of Paradise. They block the way to God. I do not want to worship from fear of punishment or for the promise of reward, but simply for the love of God. - Rabia
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