John and Jim discuss the "Crisis Window"
Uploader Comments (UnderseaCaveman)
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As James Howard Kunstler notes, don't expect a rational and logical response to peak oil. This so called "kook detector" (watch?v=FuzSqOgDbV0&feature=r
elated) thinks oil is percolating up from the magma. Don't forget that a appeal to ancient fossil processes will fall on deaf ears in most of America in light of the fact that 60 percent of the country thinks that planet is 6000 years old. Kind of makes you wonder why Jehovah put all that oil under the Arabs. -
@UnderseaCaveman It's hilarious that OPEC was selling oil at 20 bucks a barrel for a huge chunk of the last 3 decades. What has Saudi Arabia got besides oil? Sand. Saudi Arabia and the rest of OPEC could have reduced output by ten lousy per cent and tripled the price of oil. Did they? No, they were addicted to the cash flow. They couldn't eat rice and beans for 4 or 5 months to triple their money. And we still have conspiracy nuts who think that its all part of a long term plan.
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I do it and I'm a billionaire!
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Hat's off to M. Moore!
Surely there's no oil crisis and no peak oil. Petroleum and natural gas are abundant resources in planet earth because hydrocarbons are abiogenic such as those found in Titan (Saturn moon) by Cassini-Huygens Mission.
claudesv 3 years ago
Yeah, sure ..... hilirous how we determine Earth's hydrocarbon resource from a little space-probe on Titan... that's the best joke I have heard in awhile, thanks!
UnderseaCaveman 3 years ago
Earth's hydrocarbon resource is abundant and peak oil is a mithy. Oil as "fossil fuel" is a wrong way. Carbon is the forth element in cosmic abundance. There are huge ammounts within the earth although in my opinion it's not the best form of energy that we can get.
claudesv 3 years ago
claud, you should invest in that resource...the abiotic type, best of luck, sounds like you'll be a billionaire...hahaha!
UnderseaCaveman 3 years ago
@UnderseaCaveman A drowning man will grab a sword. In this case, flail his arms around trying to grab a imaginary sword.
drmodestoesq 1 year ago
@drmodestoesq HOLY CRAP....that is the best quote since "catching falling knives" (trying to buy falling stocks...ie, trying to call the bottom).
I guess Saudi could only get $20/bbl back when, since MEX (Canteral) was still a major importer (at that time). Of course, they also wanted cash flow.
Good point, most Americans don't understand "Oil is from many many Millions of Years ago" Aloha, UC
UnderseaCaveman 1 year ago