The Future Shortage of Energy (May 22, 2007)
This Week's Theme: Why The Truth Can't Be Told
Longtime contributor Riley T. checked in recently with a cogent summary of Peak Oil and its consquences:
I would like to start with my observations about how humans process information. When something enters the mind the first thing we do is compare it to similar things from our past, then we compare the new thing to the similar things and look for differences. We compare and discriminate to process new information. If we treated all new information as unique we would over load and brain freeze ( technical term ). This works most of the time.
Frequent contributor U. Doran just happened to send in a link describing the decline of Saudi Arabia's largest oil field: Depletion Levels in Ghawar, Saudi Arabia (Updated)
He also recommended a wide-ranging essay which ties Peak Oil into a larger context of human folly: Busy Bee Bugaboo and another Unsuspected Agent of Doom.
And this coverage of looming resource wars over oil: China and USA in New Cold War over Africaís Oil Riches Darfur? Itís the Oil, Stupid...
Correspondent Michael Goodfellow recommended a fascinating piece on energy and politics: Media Ignore European Energy Politics to Advance Global Warming Alarmism. Michael selected the following passage as being worthy of note:
Swiss experts expect first shortfalls in electric power supply to occur within the next five years. And the energy department in Bern is already busy working on a so-called cut-off plan. Electricity suppliers are already counting on periodic power cuts to entire towns and industrial zones within the next years. Today we cannot begin to imagine twelve hour power cuts in entire cities like Zurich or Frankfurt.Michael also sent along this story on the decline of the U.S. oil industry, A Wildcatter Pounces .
And now, connect the above dots to this story:
High gas cost won't drive away buyers of big SUVs After 2-year slump, demand rebounds.
And that is Why The Truth Can't Be Told-- at least not by the mainstream press or broadcasting empires.
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copyright © 2007 Charles Hugh Smith. All rights reserved in all media.
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