Profoundly silly article article on the end of oil

The end of oil is coming! Like Paul Revere, two columnists take on “the end of oil” in today’s Albuquerque Journal and come off sounding like a couple of ignoramuses. As an article from a few years back points out, “the world’s reserves of oil and natural gas continued their long term trend of growing faster than production.”

So, it is unlikely that we’ll come anywhere close to running out of oil in our lifetimes. The real reason for this, however, is that prices will rise in times of scarcity. But, if the world ever does start to “run out,” prices will rise to the point that other energy sources are considered. Natural gas, for example, is used in many nations to propel vehicles. If oil prices skyrocket and remain high, we could make the same transition — without needing massive government mandates or subsidies — here in America.

The “end” of oil will be no more of a crisis than was the “end” of horse power or that of whale oil.

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One Reply to “Profoundly silly article article on the end of oil”

  1. The following quote is from the Washington Times Wednesday, April 13, 2011, by R. Emmett Tyrrell, Jr.

    “In the last few years natural gas has been found in abundance in the United States. We have more than 2,000 trillion cubic feet of natural gas reserves … more than twice the amount of Saudi oil, enough to last us 100 years, probably more.”

    A 300 year supply is estimated by some petroleum experts with the additional reserves found in the mid-west… thanks to American technology, drilling and recovery techniques. That fuel source is here, not in a foreign nation very likely populated by those wishing to destroy freedom and us. Development means jobs created, right here in the USA.
    Lower fuel costs lead to lower food cost and more. Tax revenue from the economic boom brought on by much lower fuel costs… something we could really use.

    Why then, are we, as a nation, bracing for $5.00 + per gallon for gasoline and still more for diesel with the price of natural gas fuel likely to be a third of that?

    The answer is not surprising.

    We are where we are because we the people elected not a leader, but a community organizer with little more than a head full of leftist ideology and a vision, the wrong vision of a nation in decline. His policies assure dependence, lost opportunity for job seekers of all ages, economic decay and financial ruin. Something like 58% recent college graduates are unemployed.The Obama generated debt alone is more than all previous presidents combined.

    Today, I read a report that the Feds bought 70% of the US Treasury Bonds offered. Where will the money come from… the hum of the printing press? And our president funds off-shore oil exploration and development in Brazil. 42 cents of each one of those dollars will be borrowed.
    Absolutely unbelievable.

    The scourge continues…

    Today our president called for more domestic oil production. He just failed to mention a few messy details that make that impossible. There are several to consider.

    Over-regulation through the EPA, endangered species efforts, legislation from the leftist bench and tax policy designed to redistribute wealth and bring “evil capitalism” to a halt — all examples of leftist, Marxist policies… these are the tyrannical implements of Obama.

    Imagine for a moment that President Obama has gone on to pursue his next career. His leftist agenda defunct once and for all and Obama’s copy of Saul Alinsky’s book “Rules For Radicals” in the trash where it belongs.

    It is a new day, one where our best and brightest days are ahead of us. Albert Einstein once said “In the midst of difficulty lies opportunity.” The difficulties we find ourselves in today can be managed and turned into unimaginable opportunities. But, it will require positive vision; logical and analytical wisdom devoid of failed leftist philosophy.

    We need new energy policy, with energy independence priority one. Liquefied natural gas fuel production and resumption of all domestic oil exploration are just two answers of many to our energy problems. Lower fuel costs, and jobs… what a dividend?

    Right now our man is in the re-election campaign mode working for his 2012 re-election. Our president has no answers, no positive vision, just platitudes, insults for those who disagree with him, endless rhetoric and more socialist babble. He lectures us about a return to innovation while he defunded one of… if not the greatest innovation generator of all time, NASA. That is absolutely unacceptable.

    The end of oil? No, not by any stretch of the imagination. An end to this madness would be a good start.

    We need economic development, tax and regulation policies that protect the most endangered species of all, the American worker their families— and the companies that employ them. These policies begin with action by citizens like you and me through our discussions, political actions, affiliations and our votes. The fight to save our USA is on.

    JWS

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