Sunday, April 30, 2006

High Oil Prices!

I encourage everyone to read Peak Oil analyst Michael Ruppert's recent essay. If you have kids, or work with kids, you owe it to them to understand the issues surrounding the future you are leaving them; peak oil being one factor. The essay is also a good way to understand the high gas prices we are presently seeing. (Cheap oil was for many decades a decisive factor is an enormous economic machine that could be taxed.) Michael Ruppert use to be a detective in Los Angeles but is now dedicated to writing about Peak Oil. Their are many Peak Oil advocates, but Michael Ruppert is easily the smartest in my opinion and I have been following his work for years now. He puts forward evidence in such a way that by the end one's old views are deeply questioned. (His book, Crossing the Rubicon, also made it onto Amazon.com's Top Ten without any press.) This speech is from last month and thus contains much timely information. Some of his points are radical even for me but I find the information invaluable. (Note: He does not address the anabolic oil debate, but I think strongly it is a moot point anyway because even if oil was produced that way, deep with in the Earth, it would still take millions of years to create, thus keeping oil essentially a non-renewable resource in the way we see now.)

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