Boone Pickens on Peak Oil (1 of 2)
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That old boy wants to jump that young blonde filly. So do I.
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Peak oil already will destroy 5 billion of the world's population by simple mathematics and the law of thermodynamics. All the other talk of "the economy" is moot. The economy=energy. Not money, gold, nor products, etc. Without sufficient hydrocarbon energy our planet must go back to the amount of sunlight that humans can capture per year to support our species. What is really developed that can realistically do that at this time?
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The biggest snake oil saleman ever to walk the planet.
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Mr. T. Boone Pickens is the bastard who financed the Swiftboating of John Kerry to give us 4 more years of Bush. I hope he gets what is coming to him.
Other than that though, he is quite right about Peak Oil.
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50% of the world's natural gas in in two countries: Iran and Russia.
How good do we feel about that?
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In 1920 Dr. Bergius had discovered ways to make large quantities of Hydrogen, and to force it under great pressure, at high temperatures and in the presence of specific catalysts,into liquid coal products. The final steps into refined gasoline came later. Oil from Coal has been possible since 1920. There is no peak oil, is a Cartel scam like everything else. Check out I.G. Farben and Standard oil for more of this history lesson.
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How happy are the power companies or their employees to know that they will be out of a job? Will any of this free energy (wind) reduce skyrocketing home energy costs? If it lowers our dependency on oil, will heating oil and gas prices go down? Are car makers going to be able to mass produce bi-fueled cars without charging preposterous prices even when they've known for decades that there were other fuel alternatives? All I have are questions...
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Psh, whose leaders dont know about this? Cheney, Bush & Rice have known forever! Rice was on Chevron's Board of Directors. Big Oil's known the peak was coming since the 70s. They arent letting on cause the stock market & economy are built on consumer confidence which will erode once peeps know. AKA big recession. Theyre waiting & trying to delay the recession so it will occur under Obama so they can blame him for "bad economic policy" or under McCain so they can act dumb...their bets are hedged.
Obviousity 3 years ago 3
It is real and it is now. The effects will gradually become more intense. Peak oil.
transhuman7 3 years ago