Quotes a guy "Everyone knows we are not running out of oil"
Kunstler: "Well he obviously gets his news from the onion, he
believes that the earth has a creamy nougat center. I don't
happen to see it that way."
Hiemstra: "Give us a quote, people hear about peak oil, it's generally
accepted now isn't it? Where are we now. Do you think?"
Kunstler: "We're seeing evidence that demand is exceeding supply. We're
seeing evidence that the Saudi Arabians cannot get more out of the ground
every day than they've gotten in the past. The Russians have announce
that their oil production has peaked. And the Russian Authorities
themselves announced it, it's not like somebody went behind their back.
We know that virtually all the great producers are past peak. But you
know, it's not about running out of oil. It's about what happens to the
complex systems that our daily lives depend on as you go over this
slippery slope of peak and into depletion. Permenant depletion."
The best part is at timestop 11:40 -
"We're at the end of the suburban build out.
This is gonna come as a great shock
to everybody in the American economic system.
Which is so dependant now on everybody continuing
the suburban build out to run the whole economy."
Hiemstra: "I've put that quote up in front of some
realestate and some builder audiences and so on and
then their eyes get kind of big and they don't quite believe that."
Kunstler: "We created this so-called new economy.
It wasn't really a digital economy,
It wasn't an information economy,
and it wasn't really a service economy.
What we did was create a suburban sprawl building economy.
And that's what the housing bubble was all about.
That was the climax of that economy.
Ok, and now it's imploding.
What the players who are a part of it;
the home builders, the realtors, the mortgage people, the bankers,
the business people, the people who fabricate the granite counter tops,
all those people,
they believe that we are heading into the bottom of the cycle and sooner
or later we'll start rising out and we'll get back into a more optamistic
part of the cycle, and it will return.
I don't believe that.
I think what we are seeing is something different.
That the meta cycle of the great suburban project is over.
Because it is coinciding with an energy crisis that is
going to be a permenant energy crisis."
And then the really dooms day stuff starts from 13:37 on
they even cite what will happen to specific cities.
Now I don't know about the general reader here,
but I walk a lot, and let me tell you,
there are very few shade covered routes in America.
It seems we have chosen to burn up all the oil
paving the entire country over, so that
the grand children will have to use sledge hammers to break up the cement
before they can actually plant anything.
And it won't be in the shade.
Oil free energy has not been taken seriously.
The richest players on Earth are oil and finance and technocrats in charge of the
ruling cartels. Unless the printing of money puts oil free energy on the map we
will continue to check for oil reserves.
edit on 10/1/2011 by TeslaandLyne because: (no reason given)
I was just listening to a radio show with a guy who studies peak oil and he said most oil producing countries have already peaked, but there are 4-5
out there who are still finding oil. Plus there's probably more in the arctic and off shore, so we probably have enough for a little while, but most
likely we are around the peak now, and within 5 years it will be recognized as a fact.
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