<A report from an anonymous insider The Oil Drum EIA, MMS, and Marketwatch Katrina Report>

9 comments on Oil Shockwave?

Comments can no longer be added to this story.

| Show without comments | PDF version

Prof. Goose on August 30, 2005 - 1:38pm Permalink | Subthread | Comments top
My point has been and will continue to be that "peak oil" will make this human tragedy worse than it has to be.  It will become incrementally harder and more costly to replace the necessary supply, and because of that, there should be economic consequences as we begin to understand the breadth and depth of the damage.  

Will we adapt because of this one stimulus?  No.  It will take more...and that will take time and more supply difficulties (ergo, higher prices) to make us, as a individual parts of a collective, make the choices that need to be made.

Comments can no longer be added to this story.
Engineer-Poet on August 30, 2005 - 7:14pm Permalink | Subthread | Parent | Comments top
The supply could be offset by a short-term cut in demand; say, the President asking people to drive 55 MPH for a few weeks and to coast up to red lights instead of rushing them.

Such simple things could do it.  But will Bush ever say such a thing to the nation?  No, the man's constitutionally incapable of saying what needs to be said, and that's one reason he's unfit for the office he sits in.

Comments can no longer be added to this story.

9 comments on Oil Shockwave?

Comments can no longer be added to this story.

| Show without comments | PDF version