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James Kunstler and Peak Oil
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Kaligula Offline
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Post: #376
RE: James Kunstler and Peak Oil
One thing I am always wondering about - at what level people start to be 'people in the know'...?

Take, for example, this article from such a highbrow magazine like 'The New York Review of Books':

https://www.nybooks.com/articles/2019/04...sil-fuels/

Is Bill MCkibben, who wrote the piece, a true believer, or a skillful con-man...?
Or maybe a great master of doublethink?

I cannot but must read the article as a great exercise on the subject 'How to make choice out of necessity'. And yet, apparenntly even the readers of NYRB are not to be in the know. So who is to be?

Anyway, the only suspicious remark, which puts the internal logic of this reality in question, is this:
One obvious question is why the fossil fuel companies don’t simply transform themselves into renewable energy companies and use the huge cash flows they still have to gain control of future markets.

Yes,why don't they want to take upon those great solar opportunities? (wind may not be so popular any more, since necessary rare earth minerals monopolized by China).


PS. The situation reminds me a bit Kubrick's 'The Eyes Wide Shut', where people in the know are Mr Ziegler (BTW, Ziegler means mason in German), and maybe the Rainbow shop owner, but the liberal intelligentsia of New York aka Tom Cruise & Nicole Kidman are to remain the biggest suckers of the entire show.
(This post was last modified: 04-03-2019 10:40 AM by Kaligula.)
04-03-2019 10:23 AM
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Iconoclast007 Offline
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Post: #377
RE: James Kunstler and Peak Oil
Kaligula,

As you probably allready know. The brutal truth is that Modern industrial civilization cannot survive without conventional high eroei oil of which we are past peak and in terminal decline. Solar and other alternative energy will prove prudent at a world population of 500 Million. (95%die-off)
04-03-2019 12:42 PM
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Iconoclast007 Offline
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Post: #378
RE: James Kunstler and Peak Oil
Solid article loaded with links with recent news concerning the shale ponzi scheme. Discussing EROEI, Shale, Gold and paper assets

https://www.zerohedge.com/news/2019-04-0...nger-ahead
04-06-2019 07:40 PM
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Kaligula Offline
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Post: #379
RE: James Kunstler and Peak Oil
Things are popping.

Despite what the public news say, it wasn't refineries that were hit in Saudi Arabia, but GOSP (gas-oil separation plants) plants. Saudi Arabia lost its entire export production.

Saudi oil is the anchor of the petrodollar scheme. The situation is critical.

It may be or not our Sarajevo 1914 experience. On Monday I was on a commuter train, and watched all those busy people - they were like that in August 1914 too.
(This post was last modified: 09-18-2019 11:56 AM by Kaligula.)
09-18-2019 11:55 AM
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kruger41
Eazy_E Offline
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Post: #380
RE: James Kunstler and Peak Oil
Fuck the Saudi sheiks. We're energy independent, we don't need them. Between the US, Mexico, and Canada, we're fine. Everybody else and their buyers though, might be panic time.
09-18-2019 12:21 PM
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Kaligula Offline
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Post: #381
RE: James Kunstler and Peak Oil
(09-18-2019 12:21 PM)Eazy_E Wrote:  Fuck the Saudi sheiks. We're energy independent, we don't need them. Between the US, Mexico, and Canada, we're fine. Everybody else and their buyers though, might be panic time.

The end of petrodollar is the end of dollar as a reserve currency. Radical devaluation would follow.
09-18-2019 12:35 PM
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Oberrheiner Offline
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Post: #382
RE: James Kunstler and Peak Oil
I'm only discovering this .. so it's iran ?

How convenient, the US wanted to go there forever ..
09-18-2019 01:49 PM
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Kaligula Offline
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Post: #383
RE: James Kunstler and Peak Oil
(09-18-2019 01:49 PM)Oberrheiner Wrote:  I'm only discovering this .. so it's iran ?

How convenient, the US wanted to go there forever ..

No one knows for sure. Iran I don't think so. Why would Iran want to destabilize international oil markets? For Iran, it would be much better to create havoc in KSA itself... by striking at water desalination plants, for example.

Maybe Yemen/China combo, following cui bono deduction. Maybe Saudi/China.
(This post was last modified: 09-18-2019 02:14 PM by Kaligula.)
09-18-2019 02:10 PM
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Laner Offline
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Post: #384
RE: James Kunstler and Peak Oil
(09-18-2019 12:21 PM)Eazy_E Wrote:  Fuck the Saudi sheiks. We're energy independent, we don't need them. Between the US, Mexico, and Canada, we're fine. Everybody else and their buyers though, might be panic time.

If you haven't heard, Canada is closing down its oil and gas industry. Most of the east of Canada now runs off Saudi oil. At least up to this week, now they are scrambling and fearful of the coming winter.

Should this be in the clown world thread?
09-18-2019 02:25 PM
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