The Oil Drum

339 comments on DrumBeat: August 29, 2006

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NeverLNG on August 29, 2006 - 11:02am

Possibly, if it is obvious to even the most oil-partisan folks that petroleum is in decline, they might be in a position to support "greenhouse gas" legislation to restrict, regulate and tax the hydrocarbon market. They could blame the need for this on the "environmentalists" but still remain in control as much as possible.

It's not like they are really ignorant of the realities on the ground. And they will work with "environmentalists" when it suits them -- and the "environmentalists" in turn have shown a willingness to be co-opted.

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odograph on August 29, 2006 - 11:28am

That is a nice scenario. Here's hoping.

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“Of all races in an advanced stage of civilization, the American is the least accessible to long views… Always and everywhere in a hurry to get rich, he does not give a thought to remote consequences; he sees only present advantages… He does not remember, he does not feel, he lives in a materialist dream.”

—Moiseide Ostrogorski (1902, 302-303)