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Archive for the ‘Oil’s Well That Ends Badly!’ Category

A song written in 2005 about what is going down in 2011!

Into the Silos

Making love
Under silos
Trapped above
What do I know?
Whispering sweetest secrets
For all the World to hear
It’s live on television
Intimacy revealed
(more…)

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Oil is not well in the Gulf of Mexico…Ten Bucks the damn thing will be spewing into the gulf again before Hallowe’en.

http://www.zerohedge.com/article/update-gulf-oil-spill

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A tasty excerpt from an illuminating analysis of

I DRINK IT UP!!

Peak Oil and Peak “Cheap Oil”  by Erik Townsend that I found at www.chrismartenson.com. A very credible argument that explains why oil might very well make it back to $200 a barrel but is not likely to go much higher as that is the price point where governments of oil producing nations are likely to begin nationalizing oil producing assets and controlling energy markets as a matter of national security…  It seems bad enough for oil… Haven’t seen anything yet about the coming water shortage crisis… And lets not forget that California is due to sink into the Pacific any day now… Do you believe now in the deadliness of the future?

The Excerpt:

Market force vs. Military force

One of the strongest arguments made by Peak Oil speculators is that prices will rise in large part because emerging economies (particularly China) are industrializing, radically growing their vehicle fleets, and generally likely to create enormous new demand for decades to come. On its face, this is a sound and well-reasoned argument and the fundamentals in those countries strongly support this conclusion. But this argument assumes that oil prices will continue to be set by a free-market supply and demand system. I think that a dangerous assumption.

I’m convinced that as Peak Cheap Oil arrives, a series of peak oil price shocks will cripple developed economies, including the United States. (more…)

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A must read. Period.  The Deep Horizon disaster is about as Man vs. God as it gets…

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