KrisCan Speaks with James Howard Kunstler (part 4)

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Uploaded by on Jun 15, 2008

Kriscan and James Kunstler discuss various topics such as why peak oil isn't headlining newspapers and media, how our oil & gas prices are set and what happened to america's railroad?

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  • hahah, This is the stuff that runs our world. You can't even make the ink your using... well... let's just put this in the back section bob.

  • @dontswin! The price is considerably higher now.

    I don't think that it's an issue of intelligence since a lot of professors and specialists are now quite sure that oil has reached it's peak. Industry insiders are coming out, just watch the movie "crude awakening" aka "the oil crash". You would be surprised how many intellectual people are shi*ing their pants because of this (and rightly so... I do the same). I'm even considering quitting to be a physics student and get into agriculture...

  • How in the hell did I ever end up watching these videos..plus theres 4 comments! in case either one of these Jamokes didn't look Oil is trading at around $38 /barrel and they are saying low THIRY is a possibility. What have you got to say about that now(temporary correction?) Kris is really nice and hot..but sorry Hon I don't view you as overly intelligent, of course no offense for whats its worth.. Videos are interesting too.

  • I think someone has a stiffy.

  • I don't care, the girl is hawt!

  • jkibbe,

    I always thought that was the latest quote of front-month contract, which can appear like spot prices (just like options). But, I have since researched and found out their is a spot market, where? Is that what's happening at the COMEX... I figured it was front-month auctioning.

  • From Bloomberg:

    PETROLEUM ($/bbl) PRICE* CHANGE % CHANGE TIME

    Nymex Crude Future 140.21 .57 .41 06/27

    Dated Brent Spot 139.89 .63 .45 06/27

    WTI Cushing Spot 140.21 .57 .41 06/27

    Looks like spot pricing, too...?!?

  • all good, except I pretty sure no oil is traded on spot (that would be news)...it's all futures!

    The reason NYT doesn't report on Peak Oil, because that topic is TABOO for mass-consumption. NYT kept their mouth shut for the FedReserve Cabal!

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