Saudi Arabia is not exporting the amount of oil they had hoped. Many analysts are saying that the Middle East may be running out of oil. It humors me that “Peak Oil” is considered a lefty view and that it is even called “Peak Oil”, when it really just says that the earth is going to get to a point where it can no longer produce the same amount of oil, and then will eventually run out. But while we still have oil, it continues to be a nice pollutant.
A pipe owned by Exxon Mobil burst, spewing 1000 barrels of oil into the Yellowstone river. Little has been learned from the BP disaster of last year, or even Exxon-Valdez, and calls for more domestic drilling continue to rise from corporate flacks and media outlets. The United States government continues to subsidize oil companies, despite the companies making record profits.
At the same time, we are told that we have no money for social programs.
Child poverty in America is now at 25 percent. Is this because America is low on resources, and that there is not enough money or food to go around? Of course not, we are constantly reminded that America is the richest country on earth, and that’s true. However, the wealth is distributed so unequally that a select few make multiple million dollars a year, while a quarter of the nation’s children are encouraged by multi-millionaire radio hosts to dumpster dive. Let this sink in for a moment, we live in a country that simultaneously houses billionaires and starving children.
The inequality in America can also be extrapolated out to the rest of the world. It is estimated that by 2030 half of the world will be suffering from water scarcity. Studies show that most of this is caused by global warming altering weather patterns and (of course!) unequal distribution of resources. It is predicted that this may cause world conflict, which is like predicting that clouds bring rain. The UN is always here to help though, as they helping with privatization (read: corporate takeover) of drinking water. So get a precious resource that is needed to survive and already unequally divided, and put it in the power of a handful of wealthy greedy individuals to sell to the rest of the population. 4 companies make over half of the meat products in the country.
Like all oligopolies, this leads to mistreatment of workers (and in this case, extreme mistreatment of animals) and high prices for consumers. The current civil rights battle is for the LGBT community (and rightly so), but the next one needs to be for animal rights (along with constant battling for the poor and unfortunate).
Its not that we are necessarily running out of precious resources, they are just all held by a very small part of the world population.




5 Comments

Without anything like a Progressive movement, we are stuck in the pages of Upton Sinclair’s “Jungle.” There is no Progressive movement- there is a parasitism of would-be Progressives aligning (or trying to align) with Democrats, a party that is to the right of Reagan. This is useless.
We are running out of POLITICAL resources. Progressives must embark on a full-scale rebellion against the Democratic party while there is still time.
Telling me that we are running out of money with which to employ the unemployed is like telling me that we are running out of electrons with which to make electricity. It makes absolutely no sense to me!
FYI. Peak oil has NOTHING to do with running out of oil. As mentioned above, it identifies the peak production rate of crude oil. This worldwide peak was apparently reached in 2008. As daily demand exceeded daily supply, the price began to rise, and the producers were unable to increase production to meet it. This led to widespread speculation and a dramatic runup in price.
This, in turn, and in combination with other factors, led to the worldwide Great Recession. The resultant drop in demand caused the inflated prices to crash, and even with reductions in price, production dropped.
As we slowly emerge from the recession, demand has increased again, leading to greater production (but still below the 2008 peak.) As this process continues, we are beginning to see the speculation of 2008 repeat itself. Once we hit the peak again (in a year or two), the scenario of 2008 will repeat itself, and we will have an even greater recession. This cycle will continue, with increasing amplitude, until we produce a viable, economical alternative to petroleum to power transportation. The only alternative at the moment is to use coal & nuclear energy to convert renewable resources into synthetic fuels.
BTW, if one looks at any peak oil curve (starting with King Hubbert’s in 1955) you will see that at the (production) peak HALF (or more) of the known reserves are still in the ground. Unfortunately, these reserves are in partially depleted, smaller, remoter, or deeper fields, Recovery of this oil is more difficult, and expensive (in money and energy) than that in the giant fields we have become used to. The net energy production will be smaller and will continue to diminish, which is what the peak oil model REALLY predicts.
Hello, cobernicus.
You must be the other guy that understands what peak oil theory is all about.It’s the rate of production.I have explained so many times that if you need a gallon of water to live on and your pipeline only delivers a quart a day, your gonna die even if the other end of the pipe is in Lake Superior.
I did a list a year ago of the biggest problems America has
1. Global warming
2. Peak oil
3. Balance of Trade
4. Federal debt
5. The end of the middle class.
These are the problems that can destroy us. Please note that Terrorism, gay marriage, and gun control are not on the list. and really, nothing is being done to fix these intractable issues.
SciAM did a story a couple of months ago about things that are running out. Rare metals and such that have a twenty years supply and it’s in the hands of somebody who doesn’t like us. Scary.
Hello, stratocruiser
Good to hear from you. I thought I was alone out here in cyberspace. I think your list of problems is spot on.
I used a similar analogy. “We have unlimited water in the oceans. All we need is sufficient desalination plants to have an everabundant supply.”
Regards,