Peak Oil
No you perverts. It's not some new-fangled sex-jelly that will help you peak quicker or more powerfully, it's a post from Ezra about world oil production, prices, cartels and boring stuff like that.
He links to what he calls a "quick and dirty" (hmmm...) primer on the subject. A good little read for little girls like me that have little tiny brains or that spend more time making jokes than learning hard facts. Go read it. It's good for you.
He links to what he calls a "quick and dirty" (hmmm...) primer on the subject. A good little read for little girls like me that have little tiny brains or that spend more time making jokes than learning hard facts. Go read it. It's good for you.
posted by cookie christine @ 4/14/2005
6 Comments:
At April 14, 2005,
Anonymous said…
Personally, I think these oil guys know more about oil than they know about the rest of the world.
China is not just increasing its consumption. It's doing it geometrically.
They're just STARTING their industrial revolution--of course, financed by them loaning us the money on Bush's deficit to pay for our trade deficits.
They've got over a billion people, and their goal is to consume like Americans.
People in manufacturing know what's coming. China is consuming so many raw materials that very boring things, like metals most people have never heard of--tungsten or molybdenum--metals whose values in the last twenty years have barely kept pace with inflation have gone from $5 a pound in 2003 to $35 a pound in 2004.
Those are semi-precious metal prices there. Like silver. And these things are just run of the mill metals used in steel alloys.
And ALL of that increase is due to China, right now, ramping up its industry.
And oil will follow.
The Chinese are buying up long term contracts in Canada and Venezuela, and looking for oil anywhere else they can.
We may be looking at prices like $8 or $10 a gallon in the not too distant future.
Think about that when you see that lone driver, idling in traffic, in his 8 mpg SUV.
ricky
At April 15, 2005,
cookie christine said…
So, what is that ornamental headgear made out of? Tungsten or molybdenum? Has it peaked yet? Should we be worried?
At April 15, 2005,
Anonymous said…
Cookie, don't be crazy. Tungsten's far too heavy. A tungsten helmet would weigh like 500 pounds.
Plus, it would be swarming with industrial Chinamen. They'd probably try to build a factory on it, or something.
The materials involved in my ornamental headgear vary, for the job and the occassion. Over Easter, I used white chocolate.
That was fabulous.
At April 15, 2005,
cookie christine said…
Wow! White chocolate? Sounds yummy!
Do you have a fun fire-cracker one planned for the Fourth?
At April 15, 2005,
Anonymous said…
On the fourth of July, I usually decorate my head like Mount Suribachi and have four or five women scale it and then recreate the raising of the flag.
It's fun. And sexy. Though dangerous, as I insist they do it under heavy fire.
At April 15, 2005,
Anonymous said…
Also, I make them do it naked. Though, that's just for weight considerations.
Not that I enjoy it.
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