Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!
Posted: Tue Jul 22, 2008 9:40 am Post subject: LA Times - Dancing Around Peak Oil
Read the following MSM report carefully.
This is like watching a formal dance turn into the Lambada (remember when that seemed like a big deal? Now they "freak", which is code for "emulated sex" on the dance floor) . . .
Pay close attention to the way the word "peak" is introduced. It's not simply stated - "Hirsch believes that we are at or near Peak Oil, which is . . . "
Instead, they backdoor it in, and final say, "the peak that Hirsch and others . . . "
Fascinating psychology here, folks. We're dancing all around it, but they just don't want to say it. Peak Oil. Peak Oil.
Say it with me folks . . .
PEAK OIL!
Quote:
Why the oil crunch may grow worse Casey Christie / The Bakersfield Californian
KERN COUNTY - NOV. 2007 - Two oil pumping units are seen in the distance off Comanche Drive in the early morning hours as the sun comes up over Kern County's eastern mountains, Nov. 2007.
The fear is that all the easy-to-reach crude has been found. These may be 'the good old days,' one expert says.
With gasoline and oil costing once-unthinkable barrels of cash, the notion that things in our petroleum-addicted world soon will get worse -- maybe much, much worse -- is spreading fast.
Fear pushed oil to $131.04 a barrel in New York futures trading Monday, closing $2.16 higher after tumbling more than $16 last week. Supply concerns drove the increase as the market fretted about the potential for Tropical Storm Dolly to harm Gulf of Mexico oil operations.
But behind today's oil mania lies a deeper dread: that the world has found all the easy-to-reach oil, and the daily supply of the essential black goo will fall further and further behind escalating global demand.
"As much as you're uncomfortable with today's oil prices, these are going to be the good old days," oil expert Robert L. Hirsch told a recent Santa Barbara gathering of policymakers and environmentalists. "We're talking about pain here that is unimaginable."
The day-to-day cost of oil reflects a sharply weaker dollar, market speculation and geopolitical events such as unrest in Nigeria and other oil-exporting countries. At the same time, producers are barely slaking the world's energy thirst, and the market increasingly is fixated on the long-term supply picture.
Adding to the angst, several industry heavyweights caution that above-ground issues -- including instability among oil-producing nations and shortages of drilling rigs and engineers -- threaten to impose a "practical peak" on oil output that could be just as wrenching as the geologic peak envisioned by Hirsch and others.
Don't forget to read the comments. The first dim bulb says that there is enough Helium 3 on the dark side of the moon to get us all our own jet packs. Yay!!
LINKY LINKY _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Posted: Tue Jul 22, 2008 11:21 am Post subject: Re: LA Times - Dancing Around Peak Oil
I walk into the office building's cafe and am hit with this frontpage article on the LA Times "Why the oil crunch may grow worse". Too close for comfort. Makes me realize my obssession with this is not unjustified. _________________ Peak oil is sort of like a mental Everlasting Gobstopper, except it tastes like ass and you can't get it out of your mouth.
Posted: Tue Jul 22, 2008 11:47 am Post subject: Re: LA Times - Dancing Around Peak Oil
"We're talking about pain here that is unimaginable."
Quote:
Dr. Robert L. Hirsch is a Senior Energy Program Advisor at SAIC. His past positions include Senior Energy Analyst at RAND; Executive Advisor to the President of Advanced Power Technologies, Inc.; Vice President, Washington Office, Electric Power Research Institute; Vice President and Manager of Research, ARCO Oil and Gas Company; Chief Executive Officer of ARCO Power Technologies, a company that he founded; Manager, Baytown Research and Development Division and General Manager, Exploratory Research, Exxon Research and Engineering Company; Assistant Administrator for Solar, Geothermal, and Advanced Energy Systems (Presidential Appointment), and Director, Division of Magnetic Fusion Energy Research, U.S. Energy Research and Development Administration. During the 1970s, he ran the US fusion energy program, including initiation of the Tokamak fusion test reactor.
He has served on numerous advisory committees, including the DOE Energy Research Advisory Board. He has been a member of several National Research Council (NRC) committees, including Fuels To Drive Our Future and the 1979 and recent NRC hydrogen studies. He was chairman of the NRC Committee to Examine the Research Needs of the Advanced Extraction and Process Technology Program (Oil & gas). He is immediate past chairman of the Board on Energy and Environmental Systems and is a National Associate of the National Academies.
The LA Times understands we are running out of the oil.
Mommy, what is a tipping point? _________________ ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap
Posted: Tue Jul 22, 2008 11:57 am Post subject: Re: LA Times - Dancing Around Peak Oil
mos6507 wrote:
I walk into the office building's cafe and am hit with this frontpage article on the LA Times "Why the oil crunch may grow worse". Too close for comfort. Makes me realize my obssession with this is not unjustified.
Agreed. A blessing and a curse to have the foreknowledge of where we are going.
Like we're on a bus heading for the cliff and the other 59 passengers are drinking champagne and having sex and I'm sitting there looking at the cliff. _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Posted: Tue Jul 22, 2008 12:00 pm Post subject: Re: LA Times - Dancing Around Peak Oil
yeah I think pretty much every media outlet is now "Subtly" telling people that we have pretty much reached peak oil . Scary part is noone will listen .
People just cant accept it . Its to horrible to accept that your way of life is about to forceably change and that billions of humans worldwide are about to die .
Posted: Tue Jul 22, 2008 12:54 pm Post subject: Re: LA Times - Dancing Around Peak Oil
Headline of my local rag a few days ago . . .
"What to do until the economy turns around."
Ouch.
Worse than being unprepared for the bad - being unprepared for the bad not getting better.
I hate it when people ask me, after I note how bad things are and how bad they will get, "but when will it get better?"
I always answer - "not in your lifetime." _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Joined: Jul 02, 2008 Posts: 343 Location: Espinho, Porto, Portugal
Posted: Tue Jul 22, 2008 2:05 pm Post subject: Re: LA Times - Dancing Around Peak Oil
Wow. Colorful comment, that first one. A bit of insight on years to come, too. _________________ Give anyone a lever long enough and they can change the world. It's unreliable levers that are the problem.
Posted: Tue Jul 22, 2008 2:11 pm Post subject: Re: LA Times - Dancing Around Peak Oil
Cashmere wrote:
Like we're on a bus heading for the cliff and the other 59 passengers are drinking champagne and having sex and I'm sitting there looking at the cliff.
I love those bus rides in which all of the other passengers are not only drinking champagne, but also having sex!
Posted: Tue Jul 22, 2008 2:32 pm Post subject: Re: LA Times - Dancing Around Peak Oil
Off topic: Alvin Toffler (for all we know probably RIP since an old fart) wrote about the acceleration in just about everyting and concluded that there is an exponential function involved in the developments observed. (Just as begnign and stupid as Moore's Law which is equally simplistic and on a level of understanding that even an camel in Algeria could follow that logic).
Given that CASHMERE exceeded 1000 posts in about 4 months or so, while us oldtimers (me picking up the PO message in November of 03 during a rare thunderstorm in LA) and after lurking for another year managed to only recently hit the 1000 post mark it certainly is remarkable and proves Alvins point.
Posted: Tue Jul 22, 2008 3:11 pm Post subject: Re: LA Times - Dancing Around Peak Oil
albente wrote:
Off topic: Alvin Toffler (for all we know probably RIP since an old fart) wrote about the acceleration in just about everyting and concluded that there is an exponential function involved in the developments observed. (Just as begnign and stupid as Moore's Law which is equally simplistic and on a level of understanding that even an camel in Algeria could follow that logic).
Given that CASHMERE exceeded 1000 posts in about 4 months or so, while us oldtimers (me picking up the PO message in November of 03 during a rare thunderstorm in LA) and after lurking for another year managed to only recently hit the 1000 post mark it certainly is remarkable and proves Alvins point.
You must be an old timer, because your language of choice seems to be "confused geezer." (wink)
By the way - I've been around a lot longer than March - that was just when the ashes formed again, into the man. _________________ Massive Human Dieoff must occur as a result of Peak Oil. Many more than half will die. It will occur everywhere, including where you live. If you fail to recognize this, then your odds of living move toward the "going to die" group.
Joined: Jan 16, 2005 Posts: 289 Location: Delft, Netherlands
Posted: Tue Jul 22, 2008 4:33 pm Post subject: Re: LA Times - Dancing Around Peak Oil
Cashmere wrote:
By the way - I've been around a lot longer than March - that was just when the ashes formed again, into the man.
Got wife and kids yet? That really makes it interesting.
But I guess, having so much time to post messages, that that isn't the case! By the way, if you want a wife and kids, you should ease-up on the die-off obsession. It makes bad conversation, you know what I mean?
Joined: Oct 18, 2004 Posts: 1717 Location: kiwibush
Posted: Tue Jul 22, 2008 5:05 pm Post subject: Re: LA Times - Dancing Around Peak Oil
What amazes me are the industry dimwits who cheer on the growth in Chindia, especially China. For all the letters after their names, these dopes haven't even the basic wit to figure out that drooling over cornucopian style growth in a 2 billion strong region, let alone the West is tantamount to committing resource suicide.
It almost makes these current day obsessions with smoking, obesity and all the other personal health fads seem almost irrelevant when the ship you're sailing is being scuttled by drunken passengers. _________________ Bugger me, I hear oil's runnin out mate!
Joined: Jan 16, 2005 Posts: 289 Location: Delft, Netherlands
Posted: Tue Jul 22, 2008 5:46 pm Post subject: Re: LA Times - Dancing Around Peak Oil
americandream wrote:
It almost makes these current day obsessions with smoking, obesity and all the other personal health fads seem almost irrelevant when the ship you're sailing is being scuttled by drunken passengers.
Amen to that. I am part-owner of a small bar in Holland, and the government now forbid's me to smoke in it, even when I'm the only one working there, supposedly "for my protection", since I "have a right to a smoke-free workplace".
I don't give a damn about a smoke-free workplace, or else I wouldn't be a smoker and wouldn't own a bar! And if someone wants to work in my bar, I expect them to never mind the smoke!
This is an Orwellian nightmare if ever there was one.
And what the worst of it, is that several of my regular customers, whom I have tended to be kind of family to since they have difficult lives, don't show up anymore because THEY can't smoke inside anymore either. For all I know they could be hanging from the rafters somewhere, but who gives a crap about that, right? They're smokers! They probably deserve whatever they get!
I guess it's my parent's fault for raising me in the spirit that the government is a bunch of people who are watching over our safety and wellbeing, kind of like priests and nuns. After all these years, it is still wrenching for me to realise how sadly mistaken that spirit is, although I don't blame my good parents of course. And besides: everytime I light-up I feel glad and happy to not play along COMPLETELY with this bloody and absurd game.
Posted: Tue Jul 22, 2008 6:07 pm Post subject: Re: LA Times - Dancing Around Peak Oil
Nano, the subject matter is a different one, called liability. Not to defend any business model of the past, my parents business had crashed during the first oil shock in the early 70's here in mainland Europe.
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ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap 
