SRODES: Capitalist answer to economic woes

Peak Oil is real. Global oil production is now declining, from 85 million barrels per day to 60 million barrels per day by 2015. During the same time demand will increase 14%. This is like a 45% drop in 7 years. No one can reverse this trend, nor can we conserve our way out of this catastrophe. Because the demand for oil is so high, it will always be higher than production; thus the depletion rate will continue until all recoverable oil is extracted. Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, train, and mining equipment. We are facing the collapse of the highways that depend on diesel trucks for maintenance of bridges, cleaning culverts to avoid road washouts, snow plowing, roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, transformers, steel for pylons, and high tension cables, all from far away. With the highways out, there will be no food coming in from "outside," and without the power grid virtually nothing works, including home heating, pumping of gasoline and diesel, airports, communications, and automated systems. This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: http://www.peakoilassociates.com/POAnalysis.html

cjwirth has not cited sources to support such unusual statistics. Do not be fooled by manic zealotry. Oil, oil sands, natural gas, _coal_, nuclear energy, solar, wind, water, hydrogen are all sources of energy. "Peak Oil" is based on assumptions of current trends--not future improvements in technology or human behavior. The 106th Congress approved an amendment to the Commodities Futures Trading Act, put through by John McCain's economic advisor, Phil Gramm (probably responsible for the S&L crises in the 80's but saved by prosecutorial witnesses in a private plane crash), lobbied by Enron, which essentially allows trade makers to pump-and-dump oil, transparently--without regulation, in over-seas, electronic markets. cjwirth's comment is suspiciously written like ad copy. Who is spending money to pump the price of oil? Follow the money; empathy is not a universal human trait. L8er