Roy wrote: Ten questions that maybe you should send to Lou Dobbs. I don't think Cavuto would ever ask them.
Does anybody have the answer to the ten questions?
I'd love to answers them but I've been working for 18 hours today and I'm falling over. But, if you click on the link you'll see about half-way into the transcript he discusses the oil situation which provided the answers the questions he later asked pretending he was a CNBC reporter.
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
Pickens says oil production at peak
By JIM KRANE
Associated Press
DOHA, Qatar - Legendary Texas oilman T. Boone Pickens sees today's stubbornly high oil prices as evidence that daily global production capacity is at - or very near - its peak.
If demand for crude oil rises beyond the current global output of roughly 85 million barrels per day, Pickens told The Associated Press, prices will rise to compensate and alternative sources of energy will begin to replace petroleum.
"If I'm right, we're already at the peak," Pickens said this week in Doha, on the sidelines of the Forbes magazine CEO conference. "The price will have to go up."
The 78-year-old former wildcatter, who now heads the Dallas-based hedge fund BP Capital, is credited with a history of prescient predictions about the direction of oil markets.
i hope peak oil is here, i hope it gets worse and worse. what, after the elites fattened themselves on everything oil, now all of sudden we all need to get religion so another system can be set up to keep them rolling? f@ck'em all, let chaos rule the day for a bit, so they may feel the sting of revolt, so that they may pay the price greed costs.
let a new order rise.
coming to the edge, running on the water coming through the fog, your sons and daughters. so sing the greatest song, stand on a star and blaze a trail of desire through the darkening dawn, it's asking for the taking, trembling, shaking, my heart is aching, so let the rivers run, let all the dreamers wake the nation. *Phil* wrote: Pickens says oil production at peak
By JIM KRANE
Associated Press
DOHA, Qatar - Legendary Texas oilman T. Boone Pickens sees today's stubbornly high oil prices as evidence that daily global production capacity is at - or very near - its peak.
If demand for crude oil rises beyond the current global output of roughly 85 million barrels per day, Pickens told The Associated Press, prices will rise to compensate and alternative sources of energy will begin to replace petroleum.
"If I'm right, we're already at the peak," Pickens said this week in Doha, on the sidelines of the Forbes magazine CEO conference. "The price will have to go up."
The 78-year-old former wildcatter, who now heads the Dallas-based hedge fund BP Capital, is credited with a history of prescient predictions about the direction of oil markets.
bouttime wrote: i hope peak oil is here, i hope it gets worse and worse. what, after the elites fattened themselves on everything oil, now all of sudden we all need to get religion so another system can be set up to keep them rolling? f@ck'em all, let chaos rule the day for a bit, so they may feel the sting of revolt, so that they may pay the price greed costs.
let a new order rise.
coming to the edge, running on the water coming through the fog, your sons and daughters. so sing the greatest song, stand on a star and blaze a trail of desire through the darkening dawn, it's asking for the taking, trembling, shaking, my heart is aching, so let the rivers run, let all the dreamers wake the nation.
I agree with this post.
Chaos will rule, in spite of and because of, the elite's best efforts to maintain order. A butterfly wing beat in China crashes the Goldman Sachs annual billions bonus and all the government tax dollars blow away in a wind storm.
I've come to believe paper "assets" like dollars and stocks are gay
all the paper markets can do from now on is WILT like lettuce .......
or for you ladies.......
fall like Soufle
GAY.
Stone and mineral for me! Oil and Iron. Gold and Earth.
I guess the guillotine is no longer the preferred method of the masses in showing their displeasure with the ruling elites. RPG's will do.
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
James Hansen is a physicist, adjunct professor: Earth and Environmental Sciences, Columbia University and director: NASA's Goddard Institute for Space Science. Outside the scientific community Hansen is probably best known for accusing the Bush administration of trying to silence him after he gave a lecture in December 2005 calling for prompt reductions in emissions of greenhouse gases linked to global warming.
In this paper Hansen and Kharecha consider “realistic” (they use EIA data) reserves for oil and gas and conclude that due to approaching peaks it is feasible to keep atmospheric CO2 from exceeding approximately 450ppm as long as coal and unconventional fossil fuels are used responsibly.
Oops sorry Albert and big Government - no big tax hikes needed for your "war on weather".
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
there are some credible people who claim peak oil is a lie and that there is no evidence that oil is a fossil fuel or that the earth isn't producing more oil all the time. they say the peak oil "myth" is part of the oligarchical bag of tricks, the purpose of which is to act as pretext and cover to further their interest of world domination.
at least that's webster tarpley's take on it.
frankly there is some much crap going on, for so long, i just don't give much of a shit, there is no answer, i just want to fuck up a lot of people. but i know that wouldn't do any good, it would all just start all over again.
the fact is humanity(life) is not self deterministic, we only think it is. the truth is we are traveling a predetermined course written by some higher order of existence.
life is not fair, it is not just, it is not within our control. those are just notions of our own creation and the illusions that they are, are just part of what drives us on the path that we cannot help but travel. we are puppets on a string. we are akin to a computer program.
i'd really like to know what the world record for the 100 meter dash will be a thousand years from now.
Last edited on Fri Jun 22nd, 2007 03:37 am by bouttime
____________________ i'd start a revolution if only i could get up in the morning.
Bouttime, the question then poses itself: how can I take advantage of this knowledge for my personal benefit? Right? It doesn't do humanity any good for you to be squatting in a ditch begging for food - not you, your children, people who depend on you, or Madame Pelosi who needs someone to tax for money. So what does your analysis mean in personal terms of survival? What action can people take based on this information to enhance their life? At a fundamental level the issue is Survival and not only that but surviving well.
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
bouttime, no one will care about the 100 meter dash record 1,000 years from now. It barely moves now. We have reached "peak oil" in athletic competition.
We have explored and exploited training methods, anabolic steroids ( really the best for letting you train very hard and recover quickly), weight training (done with steroids), nutritional support, innovative training methods (plyometrics), and psychological management of the training and competition process.
But peak oil will be dealt with the relatively easy way (energy savings companies such as the ones my father was involved in) or the hard way.
The hard way is chaos. You can't get to work because you can't pay for gasoline and there is no bus system to do the job. There is no work, no tax money, little food, little medicine.
You can't even use a gun to steal what no one has.
The fishnet of our economy develops enough tears where it has to fall apart. We go hungry.
We will go hungry, I predict. The worst foreseeable stuff will not happen, but a lot of it will.
____________________ "The force and degree of a man's inner benevolence evokes in others a proportionate degree of ill-will" - Gurdjieff
"In a time of universal deceit, telling the truth is a revolutionary act." — George Orwell
And if we don't go hungry we will get sick of eating the same old locally available food every day. For example up in the north during winters is will be old cabbage and turnips day after day. Maybe chicken once a month.
Bloomberg reports The national median home price is poised for its first annual decline since the Great Depression, and the supply of unsold homes is at a record 4.2 million, the National Association of Realtors reported.
``It's a blood bath,'' said Mark Kiesel, executive vice president of Newport Beach, California-based Pacific Investment Management Co., the manager of $668 billion in bond funds. ``We're talking about a two- to three-year downturn that will take a whole host of characters with it, from job creation to consumer confidence. Eventually it will take the stock market and corporate profit.''
Jim ("The Long Emergency") Kunstler, connects the dots in his column this week - Peak Suburbia:
It is not an accident that the housing bubble coincided with the phenomenon of Peak Oil. First of all, the housing bubble should more properly be called the suburban bubble, because most of the activity came in the form of "greenfield" housing subdivisions, and included all the additional crap-o-la accessories required by them -- strip malls, power centers, Outback steak houses, car washes, et cetera. The suburban expansion has been based entirely on cheap-and-abundant supplies of oil. Similarly, it was not an accident that the suburban project faltered briefly in the 1970s, when America's oil production entered its long decline, OPEC seized the moment, and oil prices shot up. Notice that the final suburban blowout occurred after 1990, when the North Sea and Prudhoe Bay oil strikes came into full production, disabling OPEC, and a world oil glut finally drove prices as low as ten dollars a barrel in 1999. That ushered in the climactic phase of suburbia, as represented by things like the standard 4000-square-foot Toll Brother's McMansion and the heyday of the super-gigantic SUV to go with it.
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
Jesus . . . 60-70 + hours a week will make a person sane.
later
____________________ "In a person (not Corvus) who is open to experience each stimulus is freely relayed through the nervous system, without being distorted by any process of defensiveness." -C. Rogers
Jesus . . . 60-70 + hours a week will make a person sane.
later
Hey Corvus, your post looks just as neurotic as ever, are you sure your claim to sanety isn't a defense mechanism? LOL!!!
Iif you are not overworked and underpaid then your manager isn't doing his job. On the other hand if you are running your own business then good luck and prosper! What are you doing or is this private information? I heard you started a geriatric brothel.
I've been trying to fix up our house to sell, but things are going backwards. A tree broke our sewer line so I had to have the offensive tree pulled up and that destroyed a network of underground irrigation pipes. I fixed all those and then our pool turned green because the DE filter busted, I replaced the worn parts today, the pool should clear overnight, I hope. Tomorrow I'll start mucking out the garage - 14 years worth of stuff. We paid off the mortgage in 10 years. When we sell we get all the cash free and clear. We will never have to borrow money to buy a house again.
Have you guys seen the Volkswagen Lupo 3L TDI? 80 mpg combined city/highway driving.
"The Lupo 3L TDI uses a 1.2-litre TDI PD diesel engine, combined with extensive use of lightweight components and automatic operation of its clutch and five speed gearbox. It is the world’s first production car to achieve average consumption of less than three litres per 100 km, which accounts for the ‘3L’ designation in the model’s name."
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
I have reread this thread from the top of this page. Woah! The pig really gets gored when you get to Suburbia, Phil.
I live near PDX and not that far from the center of either of the two cities here. Our house should hold its value, but unless we get all those nuclear reactors, we are going to fall flat on our faces.
We export the jobs, import cheal labor, forget about energy, spend like there is no tomorrow, and then ?
Entitlement rules all of it. It used to be called "keeping up with the Joneses".
____________________ "The force and degree of a man's inner benevolence evokes in others a proportionate degree of ill-will" - Gurdjieff
"In a time of universal deceit, telling the truth is a revolutionary act." — George Orwell
There is talk about sacrificing the asian savers to keep the US-centric economic system going. Madness. Paulson flew to China to see if he can sell China on the idea of continuing to extend to the USA a fat line of credit. If there are any sacrifices to be made I think Washington DC is where they need to be made - Pelosi and all her toadies, pages, secretaries, administrators, scribes, etc. is an excellent place to start.
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
The headlines from the "Bureau of Economic Analysis" say Personal Income increases 0.4% in May. But the personal savings rate in their own report shows savings dropped another 1.4% in one month- which means people are borrowing from savings to make ends meet! And yet this is buried in the "Offishul" report! Your savings is being hijacked to feed the greed of the corporates and government is playing along! Where the hell are our Leaders? $140-billion less in savings and not a friggin' peep from the MainStreamMedia!
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
Well, that comment of yours about no mention of this is just like the CNN guy today from the UK talking about "a concern" in relation to the bombings.
These are the castrates talking, the smother-mothered men of modernity.
The only people who have begun to talk about this type of thing are the right-wing talk show hosts who are anti-free trade and anti-free immigration because they are pro-sovereignty.
Conserve our sovereignty to conserve our liberty. That is the resolution of the right and the left.
____________________ "The force and degree of a man's inner benevolence evokes in others a proportionate degree of ill-will" - Gurdjieff
"In a time of universal deceit, telling the truth is a revolutionary act." — George Orwell
"we have 85 million barrels is all the supply is and a demand of 88, it's going to get very very dicy here in the 4th quarter."
"We've never been where we are today at $87 a barrel and we're still whistling along. Everybody seems to be, 'So what? We can handle $87', I don't know where the world chokes on the price."
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
And all we have to do is mine that fucking uranium and build those fucking reactors and get the fuck out of this nightmare.
But castrated Christian knights, such as the Bushel, and the totally castrated and castrating left have no vital capacity for renewal. They just let us hang out to dry.
____________________ "The force and degree of a man's inner benevolence evokes in others a proportionate degree of ill-will" - Gurdjieff
"In a time of universal deceit, telling the truth is a revolutionary act." — George Orwell
I think the power utility companies will work out a deal with the government. The utilties have to have a way out of this energy supply constraints and green house gas politics. The government gets to impose carbon taxes and green-house gas regulation and in exchange for utility endoresment they will get a realistic way out: fast track permitting and easy policy to build nuclear power plants. Will this happen in time to prevent very high prices and energy shortages? I doubt it, but ten years from now I think the outcome will be a happy one.
____________________ Pecca fortiter, sed fortius fide et gaude in Christo!
Galactic Signature: Blue Self-Existing Monkey
