Reply #8: THREE REASONS WHY OIL PRICES ARE SKY ROCKETING [View All]

[Coastie for Truth]

1. PEAK OIL

"Peak Oil" means, at a simple level, we are burning oil faster then we are finding it. Here are some references:
1) Out of Gas: The End of the Age of Oil by David Goodstein
2) Beyond Oil : The View from Hubbert's Peak by Kenneth S. Deffeyes,
3) Hubbert's Peak : The Impending World Oil Shortage by Kenneth S. Deffeyes
DU Peak Oil Group
DU Energy and Environment Forum


We have an economy and a society that is as addicted to oil as a downand and out junkie is to crack - or as Bush is to his "Jim Beam and Coke" A pessimistic and Malthusian response is "The Long Emergency: Surviving the End of the Oil Age, Climate Change, and Other Converging Catastrophes of the Twenty-first Century" by James Howard Kunstler

PEAK OIL AND 9/11

Our "response" to Peak Oil has been a military response. One of many multiple causes of 9/11 was that we put US troops (including females) on the holy ground of Saudi Arabia to protect the oil from "terrorists" and Saddam Hussein.

Our response to Peak Oil has been ever closer relationships with the House of Saud and ceding ever more control of our Foreign Policy to "Big Oil." Another of the many multiple causes of 9/11 was that many in the region perceive that the US is exploiting (in the Karl Marx sense) the Arab proletariat by supporting Big Oil.

Again, as our our response to Peak Oil has been ever closer relationships with the House of Saud, it is only natural that another of the many multiple causes of 9/11 was that many in the region perceive that the US is backing the autocratic House of Saud.

"ANCIENT HISTORY" OF PETROLEUM POLITICS

Here are some good reads.

1) A Century Of War : Anglo-American Oil Politics and the New World Order by F. William Eng dahl

2) Sowing the Wind: The Seeds of Conflict in the Middle East by John Kay

with a description of the "Sykes-Picot Agreement" (check it out on Wikipedia)

2. WE ARE NOW COMPETING WITH CHINA AND INDIA FOR A SHRINKING SUPPLY OF OIL

3. EVER BIGGER AND HUNGRIER GAS GUZZLERS AND SUVS AND PICK UPS.