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45 comments on Fiscal Unsustainability
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45 comments on Fiscal Unsustainability
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"Meanwhile, sober analysts attempt to look beyond these short-term blips, but do little to reduce uncertainty. Well-regarded authorities say we are exhausting crude oil supplies so rapidly that we are on a route to $200-per-barrel, while equally well-credentialed experts expect renewed exploration activity to drive prices below $40."
Here's the full link:
http://www.weeklystandard.com/Content/Public/Articles/000/000/006/129dzdqn.asp
I read their site - with gritted teeth - on a daily basis, and this is the very first allusion to Peak Oil I have ever seen. Undoubtedly, Matt Simmons book has a lot to do with the recent uncharacteristic flurry of attention Peak Oil has received in the "conservative," business-oriented press.
people of jewish descent who think this whole program is loony as hell fear they may be swept up in a tide of antisemitism if likud jewish participation in the program is exposed. Of course, the likud radicals want to spread fear of antisemitism, since that fear will stampede some into the likud camp.
i dont have to tell you who's behind the weakly standard, their connection to PNAC and the intermarried clan of neocons who infest PNAC, the AEI, JINSA, AIPAC, MEMRI, etc.
Those of us that run this site are not happy with your counter-productive comments. If you don't have something on topic to say, then please keep quiet.
1. In 1995, the U.S. major Conoco signed a major gas production agreement for Iran's giant South Pars field. The condensate from the rich-gas was to be exported and the residue gas reinjected into Conoco's oil production PSA in Oman (which peaked in 1995).
AIPAC immediately lobbied congress to block this win-win-win (for U.S.-Iran-Oman) project because the Iranian government was meanwhile helping Hezbollah fight the Israeli occupation of Southern Lebanon. Not too many Americans cared one way or another about the guerrilla war Israel was engaged in Lebanon. Nevertheless AIPAC succeeded in convincing congress to pass the sanctions act on Iran. Conoco had to pull out. South Pars development was delayed by about 5 years, and Oman's oil production dropped rapidly.
AIPAC didn't stop there. When Mobil wanted to "swap" oil with the reformist Khatami administration of Iran--through an elegant agreement which would have supplied oil from Kazakhstan to Northern Iran oil refineries and taken an equal amount of crude from the Southern Iran oil fields-- again AIPAC-paid congress blocked the deal. So the land-locked Kazakh oil fields never made it to the international markets (just ongoing talk of a pipeline to China).
2. The Iraqi invasion and U.S. occupation was a brain-child of Feith and Wolfowitz, based on input from the Netanyahu administration-- several years before 9/11/01. The oil drum has just posted the link to an LA Times article about how the invasion has hurt Iraqi oil prospects-- so I will not be redundant. The Iraqi invasion was not in the U.S. interest.
Of course Peak Oil will come regardless of our Mid-East foreign policy. But since all geologists agree that Persian Gulf is the last to peak, the fact that we have needlessly screwed up our relationship there is adding to the Peak Oil "fear factor." Many economists are saying that at least $10 of the $60/Bbl oil price is due to tensions in the Persian Gulf region.
For that, AIPAC is responsible. (Just as much as their right-wing allies on radio/cable TV and the fundamentalist Christian churches.)
Clea
and i'm getting really bad vibes about this hurricane stuff, and the rest of it. one of these days, somebody's gonna load that last straw that breaks the camel's back.
will there be some attack horrendous enough to justify martial law and control of the media?
who will cheney scapegoat?
The same scapegoats that the Republicans ever use.
"A discussion of peak oil will lead directly to PNAC and their call for "a new pearl harbor" a year before 9/11."
First, the easy lie. PNAC did not call for a "new pearl harbor." It was a phrase in one of their papers, not a call for an attack.
Second, the implication. Here, the reference is to Griffin's "The New Pearl Harbor", an anti-semitic book stating that the 9/11 attacks were not caused by Saudi terrorists, but by Jews who staged the event to create a "New Pearl Harbor" to get funding for their personal goals.
Finally, the conclusion. If the Jews staged 9/11 and the Jews are just pawns of likud, the only possible solution is to get rid of all the jews in government, becuase they are a fifth column against America's interests.
One wonders why bothering having a cite that requires registration if you don't even use it to knock out the easy cases.