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Originally posted by Davidwolf
it would say it going to happen alot earlier than we think, and it wont just eb over oil, that will be another one of many reasons. i just hope all us innocent people can cope with whats is about to come.
Originally posted by Aggie Man
Talk about a day late and a dollar short....oil will be obsolete in the near future, as alt. fuels are developed.
I give this story a BIG GIANT [atsimg]http://files.abovetopsecret.com/images/member/a15d7c171fc5.jpg[/atsimg]
Even if you were right, poor old Joe public will still have to pay an arm and a leg for whatever replaces oil UNLESS it is an energy source that is created and used by the individual or small groups...true "free" energy.
This means the Rubble will climb, the Dollar will fall.. while there will be "more" Oil, the price in American Dollars will rise.
Originally posted by poet1b
reply to post by Rockpuck
This means the Rubble will climb, the Dollar will fall.. while there will be "more" Oil, the price in American Dollars will rise.
This plays well into the hands of U.S. corporate elites whose wealth is artificially increased while at the same time their power over the U.S. middle class is also increased, enabling them to buy up assets at bargain prices.
Originally posted by Donny 4 million
Really
Good point on the loooooooooooooong list of prooooooooooducts.
[edit on 6-1-2010 by Donny 4 million]
Originally posted by Rockpuck
reply to post by buddhasystem
Except.. Russia does not sell Oil in Dollars. They sell Oil in Rubbles.
Originally posted by Donny 4 million
Really
Good point on the loooooooooooooong list of prooooooooooducts.
[edit on 6-1-2010 by Donny 4 million]
www.stratfor.com...
Russia has no good warm-water ports to facilitate international trade (and has spent much of its history seeking access to one). Russia does have long rivers, but they are not interconnected as the Mississippi is with its tributaries, instead flowing north to the Arctic Ocean, which can support no more than a token population. The one exception is the Volga, which is critical to Western Russian commerce but flows to the Caspian, a storm-wracked and landlocked sea whose delta freezes in the winter (along with the entire Volga itself).
Developing such unforgiving lands requires a massive outlay of funds simply to build the road and rail networks necessary to achieve the most basic of economic development. The cost is so extreme that Russia’s first ever intercontinental road was not completed until the 21st century, and it is little more than a two-lane path for much of its length. Between the lack of ports and the relatively low population densities, little of Russia’s transport system beyond the St. Petersburg/Moscow corridor approaches anything that hints of economic rationality.
Russia also has no meaningful external borders. It sits on the eastern end of the North European Plain, which stretches all the way to Normandy, France, and Russia’s connections to the Asian steppe flow deep into China. Because Russia lacks a decent internal transport network that can rapidly move armies from place to place, geography forces Russia to defend itself following two strategies. First, it requires massive standing armies on all of its borders. Second, it dictates that Russia continually push its boundaries outward to buffer its core against external threats.
Both strategies compromise Russian economic development even further. The large standing armies are a continual drain on state coffers and the country’s labor pool; their cost was a critical economic factor in the Soviet fall. The expansionist strategy not only absorbs large populations that do not wish to be part of the Russian state and so must constantly be policed — the core rationale for Russia’s robust security services — but also inflates Russia’s infrastructure development costs by increasing the amount of relatively useless territory Moscow is responsible for.
Russia’s labor and capital resources are woefully inadequate to overcome the state’s needs and vulnerabilities, which are legion. These endemic problems force Russia toward central planning; the full harnessing of all economic resources available is required if Russia is to achieve even a modicum of security and stability. One of the many results of this is severe economic inefficiency and a general dearth of an internal consumer market. Because capital and other resources can be flung forcefully at problems, however, active management can achieve specific national goals more readily than a hands-off, American-style model. This often gives the impression of significant progress in areas the Kremlin chooses to highlight.
But such achievements are largely limited to wherever the state happens to be directing its attention. In all other sectors, the lack of attention results in atrophy or criminalization. This is particularly true in modern Russia, where the ruling elite comprises just a handful of people, starkly limiting the amount of planning and oversight possible. And unless management is perfect in perception and execution, any mistakes are quickly magnified into national catastrophes. It is therefore no surprise that the Russian economy has now fallen the furthest of any major economy during the current recession.
Originally posted by poet1b
reply to post by [davinci]
They aren't discovering new oil reserves, they are simply going back and assessing how much oil was left in the these old oil fields because it simply wasn't profitable to extract it back in the day when there was so much more rich sources of sweet crude. The lower grade crude left in these old field is not going to supply us for too long, and will be much more expensive to extract and refine.
Natural gas is on a boom however, as a new drilling process that allows a company to drill down, and then across to tap previously unreachable gas reserves has been recently developed. The U.S. has plenty of natural gas reserves now to supply us for the next century. The bad part is that Exxon bought the company that developed the process, so once again, Exxon retains a monopoly control over our energy sources.
Originally posted by poet1b
Remember the Texas sized island of plastic floating in the ocean?
Cutting back massively on oil refinery waste products would revive small businesses around the globe.
Originally posted by Donny 4 million
Check out the huge solar grids they are building in the Mojave and Super Conductor companies.
It is going to happen. Good diversification---- some oil, some wind, a little more solar and some technology
Originally posted by really
Originally posted by Donny 4 million
Check out the huge solar grids they are building in the Mojave and Super Conductor companies.
It is going to happen. Good diversification---- some oil, some wind, a little more solar and some technology
Maybe, you're correct and I am just being overly pessimistic. I just think by the time we start to diversify in earnest it will be too late.
Originally posted by evilcommunist
reply to post by Donny 4 million
If it was a trolling attempt, it failed. Otherwise I do not see how it is relevant to the subject.
[edit on 6-1-2010 by evilcommunist]