Joined: Apr 27, 2007 Posts: 4353 Location: The Great Sonoran Desert
Posted: Mon Jun 30, 2008 1:55 pm Post subject: Re: Another Record ($143.67)
Zardoz wrote:
roccman wrote:
You are dead right dohboi !
Bush is not going anywhere.
Martial law, the amero, and food riots will be main news stories...
When Obama takes office next January, what will you all you President-For-Life Dubya buffs say then?
Ummmm...that we were wrong. _________________ "There must be a bogeyman; there always is, and it cannot be something as esoteric as "resource depletion." You can't go to war with that." Emersonbiggins
"... hope is a rotten-thighed whore" Niko Kazantzakis
Posted: Mon Jun 30, 2008 2:17 pm Post subject: Re: Another Record ($143.67)
Zardoz said:
Quote:
When Obama takes office next January, what will you all you President-For-Life Dubya buffs say then?
When Bush and Channey leave office, they will become immediately eligible for a trail of high treason. Since there are any number of good reasons to hang both of them, and the nation will probably be in a state of economic devastation by then, Congress, the military and the intelligence services might be quite amiable to it to divert the attention of the rampaging masses.
I think it is much more likely that the neo-cons will be frog marched out into the back yard and shot, than it is that they will usurp the entire government.
Joined: Feb 20, 2005 Posts: 2786 Location: Uppsala, Sweden
Posted: Mon Jun 30, 2008 4:29 pm Post subject: Re: Another Record ($143.67)
frankthetank wrote:
Simmons is in an article in the Timesonline this morning talking about the future of oil production. If this is anywhere near true, the future is going to get real ugly, real fast. I still can't see it dropping as low as he is saying at that time.
Quote:
Matt Simmons, chief executive of Simmons & Company, a Houston energy consultancy, said that global oil production had peaked in 2005 and was set for a steep decline from present levels of about 85 million barrels per day. “By 2015, I think we would be lucky to be producing 60 million barrels and we should worry about producing only 40 million,” he told The Times.
Can you imagine the price of oil at 40mb a day! By then the country would be in a depression.
That sounds completely insane!
I'm willing to bet anything that we won't have all liquids at 60mbpd in 2015, and certainly not at 40!
That's a decline rate of 7 % and 10 % respectively. When the trend is 0 % decline for the last 4-5 years. If supply had grown faster we'd see higher post peak declines than the current plateau will result in. _________________ Peak oil is not an energy crisis. It is a liquid fuel crisis.
Joined: Aug 03, 2007 Posts: 3715 Location: Boston Suburbs
Posted: Mon Jun 30, 2008 5:23 pm Post subject: Re: Another Record ($143.67)
shortonoil wrote:
I think it is much more likely that the neo-cons will be frog marched out into the back yard and shot, than it is that they will usurp the entire government.
If they won't impeach Bush and Cheney now, they sure as hell will get a free pass after they leave office. _________________ Paranoia is demonstrated to be an infectious disease, and stupidity plus the internet its major vector.
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