Posted on 08/27/2008 6:32:39 AM PDT by kellynla
>>Hes absolutely right on all counts.<<
I concur. I was expecting to see something shocking in this article. Nothing there that I don’t agree with though.
>>Maybe you can clue us in on how we can extract ourselves from the world economy without plunging us back into a pre-industrial revolution life style.<<
As long as we can keep indoor plumbing and avoid the nasties like Polio, I’m down with that!
Oh, and I want to keep my mountain bike. And I really need Google. And I like my electric basses and amps.
Never mind...
>>It is the cost of living our lifestyle. Try living a subsistence lifestyle for a year then tell me if its worth the cost.<<
I’m with you. I like to camp, but not for more than a week or so. ;)
I like to bike commute, but only because I don’t HAVE TO, like so many in other countries.
I had heard several years ago that once oil got to $30 a barrel, it would be cost effective to extract from the oil shale in Colorado.
I take it that was just what in sales is called a BFC (Big Fat Claim) with no real evidence to support it.
That post makes no sense. At least not from an historical US perspective.
In short, the bumper sticker-sized synopsis is; The US cannot support it's global leading GNP with the energy we have at our disposal within our borders, and the global economy wouldn't allow for it.
Also, the author spends a lot of time blaming the Jews,....errr, I mean Neocons.
>>Stossel still doesn’t “get it!” ) , DManA wrote:
BUT, they are funding RADICAL mosques around the world. It isnt all black and white with the Saudis, its a dark shade of gray.<<
I remember that the Soviet Union was our “ally” during the second world war. It did the job.
Geo-politics is more complicated than some would have you and me believe.
Shell claims that their in situ retorting process would be cost effective at $30/bbl. After adjusting for inflation and salesman's hype, I think $60/bbl would be a good estimate for profitable extraction. The whole thing is still stalled by being wrapped up in government (read "environmentalist democrat") red tape.
There is enough kerogen recoverable using current technology to supply the entire current US demand for oil for over a hundred years.
You know perfectly well that the reason to minimize our dependence on foriegn oil doesn't have anything to do with those particular countries, and which ones it does have to do with.
However, it’s critical to remember that domestic oil production increases are simply a short-term patch. Ultimately, we need to develop energy alternatives — investments now will have the salutary effect of cutting oil prices on the world market immediately.
In the real world, we need to work on inventing the energy sources that will make their black sludge worthless* in 10-20 years (and worth less from Day One, as speculators react to the threat that the stuff will lose value in the future).
*Oil is also used as a chemical stock for plastics and whatnot, so it'll still be worth something.
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