Sometimes Kunstler says it so much better than I


From his Clusterfuck Nation Diary

April 28, 2008

Belief System

A friend asked me how come the public apparently grasps the reality of climate change but can’t seem to wrap its collective brain around the unfolding oil crisis.

I'm not convinced that the public does grasp climate change. It's perceived, perhaps, as a background story to daily life, which goes on regardless. Are you even sure Hollywood didn't invent it -- and maybe some boob at Time Magazine is selling it as though it were really happening?

Few have anything to gain by espousing denial of climate change. It's hard for most people to tell if they have been affected by it. It doesn't quite seem real. Those who actually make gestures in the face of it –- screwing in compact fluorescent lightbulbs, buying Prius cars -- end up appearing ridiculous, like an old granny telling you to fetch your raincoat and rubbers because a force five hurricane is organizing iself offshore, beyond the horizon.

The public appears aggressively clueless about the peak oil story. They do not accept any threats to the motoring regime. The news media is surely not helping sort things out. I saw a remarkable display of ignorance on CNN last week when the new resident idiot-maniac Glenn Beck hosted Teamster Union boss James Hoffa and they agreed that the oil companies were to blame for high fuel prices. To put it as plainly as possible, Beck doesn't know what the fuck he's talking about, and it's disgraceful that CNN gives free reign to this moron to misinform the public. It's perhaps equally amazing that Hoffa doesn't know we have entered a permanent global oil crisis based on demand having outrun supply. These two idiots think that if Exxon-Mobil built a new refinery down in Louisiana, everything would be fine, diesel fuel would go back down to 99 cents a gallon, and it would be Christmas every morning.

This has been a pretty remarkable month, actually, with all the problems of "The Long Emergency" accelerating impressively. Oil is now testing the $120 mark, the airline industry is imploding (largely over fuel costs), the housing scene has reached a degree of collapse unseen since the 1930s, food shortages have strayed out of the Third World and begun to affect Japan and the USA, bats are dying of a mysterious disease in the Northeast, and the Arctic sea ice is shrinking away to nothing.

We're in a strange collective psychic bubble. We'd like to forget about all these troubling rumors of hardship and bad weather and just get on with the daily task of making a living and paying for stuff and enjoying our customary entertainments. The comforting ceremonies of everyday life seem to continue. The freeways are still full of cars. Nancy Grace comes on TV dependably at 8 p.m. and is there deploring the latest pervert arrest. The baseball season has ramped up and the teams are criss-crossing the nation in their chartered airplanes. The stock market is actually going up -- what's wrong with that?

But there's an equally eerie vibe out there that things are seriously out-of-whack. We're on the edge of something. We're at the entrance of a dark passage where some of the ceremonies of daily life meet resistance. You go to the WalMart and five of your six credit cards are refused. Uh oh. It begins to dawn on you that you're spending a quarter of your take-home pay filling up the gas-tank every week. There's no dial tone when you pick up the telephone. How could all the supermarkets in town be out of rice? The local hospital just declared bankruptcy. The neighbors down the street auctioned off all their furniture in the driveway last week. Why does the cat pick up so many ticks these days?

Events are not through with us this year. They'll keep moving where they will whether we believe in them or not. I'm hardly even convinced that it matters who wins the presidential race this year. It could end up being the world's biggest booby prize.


Don April 28, 2008 - 9:12am
( categories: Miscellany )

A friend asked me how come the public apparently grasps the reality of climate change but can’t seem to wrap its collective brain around the unfolding oil crisis.

The answer is simple. Denial. People stuff what they perceive at a subliminal level to be too difficult for them to handle by blocking it from conscious awareness and consideration. Both climate change and its cause, carbon-based fuels, are going to change everything else, and most people just can't deal with the implications of this. They don't see climate change per se as the big problem. The big problem is with fuel, which they depend on for their lifestyle. They feel at a deep level that changing this is going to be painful beyond imagination, requiring an abrogation of the status quo and a great loss of comfort.

Most people are comfort seekers, not truth seekers, so they stuff what they can't handle comfortably. Of course, stuffing causes severe psychological problems, and the head in the sand approach just exacerbates deteriorating situations. But it gets the GOP elected as they take advantage of this phenomenon. John McCain's handlers know exactly what they are doing in having him propose a suspension of the gas tax, while accusing Barack of being insensitive to the poor for opposing it.

The emerging battleground is going to be over food and fuel rather than gay marriage and flag burning -- or climate change. A good number of people when faced with the choice are going to pick their present lifestyle over controlling global warming. This is why is will be fairly easy for the other side to confuse the issue with disinformation. Many people will be looking for an excuse to disbelieve rather than change their behavior.

Politics isn't rational.

tjfxh April 28, 2008 - 9:40am

than what went on during the decline of Rome. Most of that was a pretty gradual process of decay too, like the slow erosion of a dam - death by millimetric removal of foundational assumptions, by the inevitable decay of once vibrant institutions and the paralysis of increasing corruption.

I'm sure the more perspicacious saw it unfolding in slow motion and read and understood the patterns and felt ice in their bowels.

But I'd imagine that the bulk of Romans in the last century or so of its hegemony, if they weren't so unfortunate as to have their lifespan coincide with some of the signal collapse events to which the rot inevitably led (and even those whose lifespans did, but who themselves remained personally unaffected), if they raised their heads from life's immediate tasks at all might have gone through most of their lives muttering "things are going to Hell around here", consoling themselves that this is exactly what their grandparents said when they were little, and getting on with working to feed their family and distracting themselves on weekends by going to cheer on some nice blood-sports.


"The best-informed man is not necessarily the wisest. Indeed there is a danger that precisely in the multiplicity of his knowledge he will lose sight of what is essential."

- Dietrich Bonhoeffer

Escher Sketch April 28, 2008 - 1:00pm

Spend all day reading doomsday stories on the internet and you're left feeling powerless. Does anyone seriously believe that changing light-bulbs or recycling their yogurt containers are going to rein in the Almighty Forces of Global Warming! Peak Oil! and Overpopulation!?

Of course not, so you might as well just get right with your God and prepare for a pearly afterlife.

After all isn't all this doomsday talk just the left's version of Left Behind. Just replace born-agains with unheeded messiahs.

Rojo April 28, 2008 - 3:34pm

and they're not even on the table to discuss.

Like refurbishing and expanding a national rail system (9 times more efficient than a semi-truck).

Passenger rail, mass transit, bicycle lanes, sidewalks.

An end to further highway expansion.

Allow the airlines to die or raise prices to the point where they are profitable without subsidies.

Dismantling of the military industrial complex. Why do we need to spend more on our army than all the rest of the world's countries combined (and why does our army burn more fuel than most nations)?

We need to do some monopoly busting (especially big-ag), get rid of patent protection for seeds and forms of livestock, provide incentives for relocalization of food production closer to the point of consumption.

Invest in every form of feasible alternative energy technology possible.

Etc.

This has nothing to do with the left or the right. I don't consider myself "from the left".

I did inhale.

Don April 28, 2008 - 3:49pm

But the language of "apocolypse" and "long emergencies" get us nowhere. First of all because its largely false.

I don't doubt global warming but we don't need to conjure up sci-fi scenarios of Manhattan under three-feet of water. Millions are already being poisoned by dirty air.

And millions around the globe live with "food insecurity" and have for years despite an abundance of food. Only now some notice and imagine that we've crossed some population rubicon. Baloney.

Sure oil's getting more expensive but most people are just adjusting to it. And if Glenn Beck wants to get them pissed at Oil Companies. Good on him. Terrible shooter, right target.

All the technology and planning fixes are good and necessary but they're secondary to taking the political system away from the global elite.

Rojo April 28, 2008 - 6:19pm

Allow me to suggest one more: End the tax deduction for business travel. There are people who routinely fly across the country for 3-hour meetings and back the same day. This is a travesty in the age of videoconferencing. My impression is that it would significantly decrease air traffic. It would make flying more expensive for everybody if those business-class travellers started paying their own way.

Rojo's right, though, when he says, "Spend all day reading doomsday stories on the internet and you're left feeling powerless."

Beto April 28, 2008 - 7:12pm

is systemic change, much like Don has outlined in his comment above. Individuals can only do so much. There needs to be action at higher levels, involving large organizations and communities. The federal government needs to get onboard. Some corporations are already moving in the right direction, though I fear many of them are just engaging in "greenwashing."

Changing a light bulb won't do much. Changing 200 million light bulbs will do a little bit. Changing the electrical grid that powers those light bulbs will do lots. That's the scale-up that we need. We're still at that first line--changing individual bulbs.

Bolo April 28, 2008 - 4:11pm

We could all reduce our energy consumption by 10%. That means the producers shut down the most expensive energy production -- and that ain't coal folks.

So, coal companies will keep blowing the tops off the Appalachians, poisoning people and destroying the environment to power our new light bulbs.

Individual action without collective, political action is spitting in the ocean and only serves to reinforce the market-as-democracy model.

Rojo April 28, 2008 - 6:23pm

Otherwise people will fight like hell to maintain the status quo. If people didn't have to worry about becoming hungry and homeless and loosing access to health care if they lose their jobs they would be much less resistant to economic change. There would be much less pressure on politicians to bail out wasteful industries.

Beto April 28, 2008 - 7:37pm

But the frightening thing is that I know a large number of people who would fight to keep a social safety net from being put in place. Not because they're rich (though they do tend to benefit from the status quo), but because they've been trained to think of it as something that hurts people--welfare, socialism, etc. are curse words to these people.

Of course, if you frame it in a different way--helping your fellow man/woman through hard times--they tend to be a little more compassionate. I have serious worries about American culture being willing to create a good social safety net. It's not impossible, but the intellectual groundwork just doesn't exist in the public domain. Or, more accurately, it's been destroyed piece by piece over the last few decades.

Bolo April 29, 2008 - 12:10am

religious fantasy with scientific prediction doesn't help anything, either.

Some of us don't have a pearly afterlife to look forward to - so we'll have to look after things here.


"Frankly, we've lost a lot in recent years." - General Colin Powell

Raja April 28, 2008 - 4:35pm

I have to agree with Rojo. Don, your expectations for what people can (and yes are willing to) do is a little out of whack. If you are like me, and I suspect many folks are, you see climate change and peak oil as multi-generational problems that are going to take long term solutions to solve. You do the things you can do today to help alleviate the problem and push to build for better solutions tomorrow. I replaced a good amount of our most used night lights with either LEDs (for nightlights) or CFLs for general use. We also had the funds and the good fortune to install some solar panels on our house (still questionable to me as to whether these truly help or hurt long term.) We also tend to carpool all over the place (have kids/minivan), composte our organic food waste, recycle, and maintain a basic garden.

Small drops in a large bucket, but what else can you really do? Not buying an electric car at $50-100k, there is no light rail or public transit out here (other than bus), and other energy saving tactics are too harsh on the lifestyle. Move to a 900 sq ft apt with 3 rooms? With two young boys and a baby? Until you have to, such an idea is nuts. Maybe in 10-20 years it won't be, but today it is.

In my view, things are going to get more and more painful. But I believe this process on the whole will be slow and gradual, with obvious spikes here and there - much like watching the stock market day to day vs longterm. As things progress and become more painful though, more and more attention will be paid and more action will be taken.

As others have commented, what are you going to do? Call your boss and say you have telecommute so as to halt global warming and preserve our dwindling oil deposits? Suicide at most any job I'm aware of. Maybe someday telecommuting will be viable and accepted, but not today. So people do what they can easily (pick the easy fruit) and save the harder picking for later, if neccessary. This to me would seem to be the product of natural human behavior and practical reasoning.

I don't see how berating people without the power to change all of society on a dime does any real good at all...

zot23 April 28, 2008 - 5:53pm

Unfortunately, we have waited very late in the game to alter our way of life and the subject still rarely makes mainstream discussions. How many times have you seen it discussed in the presidential debates?

I don't sit around reading doom sites all the time, but I do read the headlines on a daily basis to follow events as they unfold.

As I have said before, if climate change is 2 of 10 on a scale of the way it'll affect us in the short term, then peak oil is 10 of 10.

Regardless of what neocons say, securing oil was a major factor in Cheney's decision to raid and occupy Iraq.

Cheap oil fuels our economy. Continual growth is required to make the system work. Growth cannot continue absent plentiful and inexpensive fossil fuel.

If in fact we have reached Peak Oil (or even if not, but world demand exceeds our ability to increase production) this is a mega event that will affect world economies like nothing we've seen in our lifetimes.

You'll likely see $4.00/gallon gas within a month, and if oil goes to $200/barrel you'l see at least $6 gasoline by the end of the year.

High fuel costs raise the price of everything else.

The next blow in our cascading economic woes will likely be massive credit card default, a good portion of which will be directly attributible to the cost of fuel and other commodities.

I wouldn't be surprised to see regional shortages of gasoline and diesel in the very near future. No gas at any price.

This ain't doom folks, this is reality.

Oil May Hit $200 as Refiners Buy Costlier Crude, Verleger Says

Bloomberg (not a peak oil site):

By Robert Tuttle

April 25 (Bloomberg) -- Crude oil may rise to $200 a barrel by the end of the year as refiners increase purchases of low- sulfur oil to make diesel fuel, economist Philip Verleger said.

Ultra-low-sulfur diesel powers most U.S. trucks and diesel- burning cars. To make the fuel, refiners are buying more-costly low-sulfur oils such as the West Texas Intermediate crude traded on the New York Mercantile Exchange, said Verleger, president of PKVerleger LLC, in an interview.

``It's conceivable'' oil could rise to $200 a barrel by the end of the year, he said. If economic ``growth resumes, we are short diesel and no way we are going to fill the gap.''

Lower-sulfur crude is easier to refine into ultra-low-sulfur diesel than heavier, higher-sulfur oils, said Verleger, who, in 2005, predicted oil would rise to $100 a barrel. The diesel was introduced to the U.S. in 2006 to cut air pollution.

Converting higher-sulfur crude into diesel requires hydrogen, which is in short supply, Verleger said. The element is a byproduct from making gasoline. Refiners are making less of the motor fuel than in the past because of increased ethanol use, and therefore less hydrogen, Verleger said.

The 2007 Renewable Fuels Standard, signed last December, mandates that the U.S. use 9 billion gallons of renewable fuels, such as ethanol this year and 36 billion gallons by 2022. U.S. gasoline production in November was 1.4 percent lower than two years earlier, Energy Department data show.

Ethanol Requirement

An option ``would be for Congress to waive the ethanol requirement,'' Verleger said. ``There are a lot of reasons to do this.''

Oil has also risen because investment funds are buying commodities, Verleger said. ``These index funds are playing an important role in lifting prices across the board.''

The returns on the index funds are ``negatively correlated'' to stocks and bonds, Verleger said.

``That finding causes the leading pension funds to put more money into these commodity funds because it has the effect of diversifying portfolios,'' he said. ``This is an ongoing processes that probably has another five years to go.''

Crude oil for June delivery rose $2.93, or 2.5 percent, to $118.99 a barrel at 11:01 a.m. on the New York Mercantile Exchange. Prices are up 81 percent from a year ago.

West Texas Sour, a crude oil that is higher in sulfur, was trading at $112.38 a barrel at 9.03 a.m., according to data compiled by Bloomberg.

I did inhale.

Don April 28, 2008 - 8:26pm

Most of us are like that, until we won't be; don't worry, the world will do the necessary changes for us, and for our bosses too. If we don't adjust when those changes happen, we're going to get seriously creamed, and plenty of people have been or are being creamed right now by circumstances beyond their control. It doesn't take much of an imagination to forecast that circumstances for these unfortunates will become much worse, and that many who think it can't happen to them will find themselves among those who suffer in silence, and in unwarranted shame, for stumbling economically in the mythical land of self-made "winners."

I used to think the same way about national politics--what, me go door to door? Three states away?--but I realized that it was my absence from the process that was enabling what has been going on now for far too long.

A couple of points haven't been brought up, and one of them is nuclear power. If something goes wrong with a reactor, it's obviously very bad, for centuries. But France has a system of cookie-cutter type reactors all around the country that produce reliable, inexpensive electrical power. They're built in exactly the same way (unlike here), and as such the bugs have been combed from the system. I was very young when Love Canal and Three Mile Island occurred, but I suspect that the experience has made many boomers, especially people who are lefties like me, irrational about the prospect of having a new reactor in their neighborhood. But reactors from the sixties keep chugging away, two by my count, and less than 70 miles from me. When driving to work becomes more expensive than quitting your job, it seems like it may be a time for affordable electric cars and some new reactors.

The other thing that Don seems to be hinting at is a state of social unrest. He's coming from, as he describes it (Don correct me if I'm wrong) a right-of-center perspective, and me from the left, but I think we could probably agree that with major economic dislocations come major social and political repercussions. Look for a crime wave, homelessness, bread lines. I think we're in for a dark and chaotic time. Oil prices are making it so that people can't afford anything other than oil, and when they lose their jobs, not even that.

I was skeptical about peak oil, climate change, etc. etc., but recent events are scaring the hell out of me. For the first time in my life, this city slicker planted a garden and joined a community-supported agriculture (CSA) association. Neither will feed my family if the shit really hits the fan, but every little bit helps, and we've got to change. We've got to.

Jonathryn April 28, 2008 - 10:33pm

about claiming that nuclear power is relatively safe. I'm not intimately familiar with how France operates its plants, but I have at least some knowledge about US operations--and its frightening to see how many close calls and how much down time there actually is among the reactors we run.

I would recommend reading "Walking the Nuclear Tightrope". There should be a link to the report under the "related links" box with a butterfly in the corner.

Scariest recent nuclear problem: Davis Bessie in 2002. They estimated that they were a matter of hours away from a reactor breach--and the problem was only caught because they extended the inspection deadline.

All that being said, if we could operate safe nuclear plants then nuclear power would be a great idea. Zero carbon from operations, very little waste, etc.

Bolo April 29, 2008 - 12:26am

My roots are conservative. If a neocon is a liberal that got mugged by reality (I'd disagree) I am a conservative that woke up to the needs of the disadvantaged that aren't being met by the so-called benevolent right wing church going "Christians" I grew up with. Not just here, but worldwide.

I think nuclear probably needs to happen but I don't know enough about it to offer an informed opinion.

Most of the immediate changes we can make come on the conservation side of the equation. As you suggest, we will make the changes because we will have to.

I know this would be unpopular but I think we should install an additional $1/gallon gasoline tax, perhaps with a rebate for the poor, the proceeds of which must be applied in entirety to research and development of alternative energy sources, efficient technologies for better use of current fuels and development of public transit systems.

I did inhale.

Don April 29, 2008 - 8:01am

The conservation makes sense and we should do it, but China and India are taking on the consumption habits of first-word nations, so even if we scrimp, it won't necessarily change commodities prices. I get the feeling that there really is no good solution to this, just a series of bad choices leading to qualitiatively different, but grim outcomes. Maybe after Iowans figure out that you can't plough and harvest enough corn to run the machinery necessary to grow it, they'll lose their death grip on American presidential politics and will start ploughing fields like the Amish.

Jonathryn April 29, 2008 - 8:50am

Making a Killing from Hunger: We Need to Overturn Food Policy, Now!

Read and weep. It's not just a lack of resources but pure rotten corporate greed that is starving people.

I did inhale.

Don April 29, 2008 - 8:58am

the other day I rented "Road Warrior," one of Mel Gibson's early post-apocalyptic, no-gas-anywhere cartoons. I had just filled my gas tank and the wound hadn't quite clotted.

There may have been some cogent, accurate description of the gas crisis somewhere one one of the news channels but I've missed it.

We are on the edge of something--and I fear it's some sort of "Lord of the Flies" descent to a survival mode that isn't going to be pretty.

"Lord! What Fools these Mortals be!"

Doug Richardson April 28, 2008 - 3:45pm

on Brazil's new find saving the day:

Bloomberg

Brazil Oil Trapped by 500-Degree Heat, Salt Barrier

By Joe Carroll

April 28 (Bloomberg) -- Brazil's plan to become one of the world's biggest oil exporters hinges on exploiting crude 6 miles below the ocean surface in deposits so hot they can melt the metal used to carry uranium to nuclear plants.

Tapping what may be the biggest oil finds in the Western Hemisphere in three decades will require equipment that can withstand 18,000 pounds per square inch of pressure, enough to crush a pickup truck, pipes that can carry oil at temperatures above 500 degrees Fahrenheit (260 Celsius) and drill bits that can penetrate layers of salt more than one mile thick.

Petroleo Brasileiro SA, the state-controlled oil company, is betting on the Tupi and Carioca fields to become one of the world's seven biggest crude exporters. Until the tools needed to exploit the reservoirs are invented, the crude will remain locked under the sea, said Matt Cline, a U.S. Energy Department economist.

``This is a very, very technically challenging environment where no one's ever done this,'' Cline, who tracks the Latin American oil industry, said in a telephone interview from Washington. ``These discoveries are in very deep water, and once you get to the seabed they are very deep under the floor, with a layer of salt that is definitely a difficult barrier.''

Brazil's oil will be harder to develop than the Gulf of Mexico, where the deepest wells are now in production, Cline said. Exxon Mobil Corp. and Chevron Corp., the two biggest U.S. oil companies, saw diamond-crusted drill bits disintegrate and steel pipes crumple when they attempted to tap deposits beneath the Gulf's seafloor two years ago.

Uncharted Depth

Pumping oil from the Brazilian finds, parts of which are 32,000 feet (10,000 meters) below the ocean's surface, will require boring almost twice as far down as the world's deepest producing offshore well.

The obstacles will discourage development unless crude prices stay high, said Tina Vital, an analyst at Standard & Poor's in New York. U.S. oil futures, which reached a record at $119.93 a barrel in after-hours electronic trading yesterday, have jumped 81 percent in the past year.

Engineers will have to overcome temperatures that range from near freezing above the ocean floor to temperatures that can melt bismuth, used for transporting uranium rods and for shotgun shells. Layers of salt will also increase the challenge because the crystals absorb seismic waves used to pinpoint oil deposits.

much more at the link

I did inhale.

Don April 28, 2008 - 4:12pm

YouTube - Gas Thefts On The Rise
Apr 16, 2008 ... Thieves are using drills to steal fuel from parked cars.
http://youtube.com/watch?v=24CiPz2wJZE

Jan 18, 2008 ... News::Gas Thefts: Fuel Stolen Directly From Delivery Trucks ... The Chippewa Falls Police Department says gas has been stolen directly from ...
http://www.wqow.com/News/index.php?ID=18576

Police in Pierce County arrest gas-theft suspect
A 35-year-old man suspected of stealing hundreds of gallons of gasoline from area stations was arrested Wednesday in Pierce County after leading police on a ...
http://seattlepi.nwsource.com/local/355615_gastheft20.html

208 gallons of gas stolen in Gig Harbor
Mar 17, 2008 ... Thieves pilfered more than 200 gallons of premium gasoline last week from a Gig Harbor Shell station -- the latest in high-volume thefts at ...
http://seattlepi.nwsource.com/local/355365_gastheft18.html

Gas Thefts On The Rise Amid Record High Prices - AOL Video
As gas prices reach $4.00 a gallon, thieves are stealing gasoline straight from the tank. A string of thefts have hit owners of large vehicles hard. K...
http://video.aol.com/video-detail/gas-thefts-on-the-rise-amid-record-high-prices/4240102125

Police Caution Motorists After Increase In Gas Thefts - News Story ...
The San Jose Police Department is warning businesses and motorists to be wary of where they park their vehicles following an increase of gas thefts in the ...
http://www.ktvu.com/news/15949284/detail.html

Gas Thefts - Billings- msnbc.com
Rising gas prices bring rising food costs, airline fares, and now gas thefts. But Billings Police are issuing a warning before you think about driving away ...
http://www.msnbc.msn.com/id/24319571/

Gas thefts in Lakeport prompt warnings - www.record-bee.com
Gas thefts in Lakeport prompt warnings.
By Tiffany Revelle--Record-Bee staff. Article Last Updated: 04/23/2008 10:25:11 PM PDT ...
http://www.record-bee.com/ci_9033979?source=most_emailed

Locking gas caps prevent gas theft
Locking gas caps prevent gas theft According to PhillyBurbs auto parts suppliers are rapidly selling out of locking gas caps 3000gt, dodge viper, ford, gas, ...
http://blog.tmcnet.com/blog/tom-keating/personal-and-humor/locking-gas-caps-prevent-gas-theft.asp

Fact Sheets > Gasoline Theft at Convenience Stores (Fact Sheet ...
Typically, convenience stores can experience a few gasoline thefts a week; however, when prices increase, some stores see several gas thefts a day. ...
www.nacsonline.com/NACS/Resource/PRToolkit/FactSheets/prtk_fact_gastheft.htm

Zuma April 28, 2008 - 5:42pm

1) had a warning from my parking lot security at work that there have been attempts/thefts of catalytic converters from cars for the precious metals (sounds like Toyota 4Runners are especially popular, that is, easy marks)--plenty of other anecdotes online.
2) then there's the two-fer where foreclosed houses get broken into and the copper piping removed (and occasionally the nimrods don't turn off the gas and the house explodes)
2a) or this variation on a theme: Taking Theft To New Heights

This does seem to be a new level of desperation.

neuhausr April 29, 2008 - 11:35pm

Times Online

The president of Opec, the cartel of oil-producing countries, has given warning that the price of crude could hit $200 a barrel, sparking fears that rising fuel costs will force more businesses into bankruptcy.

Chakib Khelil, the Algerian Energy Minister and president of Opec, said that the falling value of the US dollar would continue to drive up oil prices as investors sought to store their wealth in other assets.

Lehman Brothers, the bank, has said that high prices are being sustained by an influx of money into the oil market from investment funds.

It estimates that "hot money" accounts for between $20 to $30 of the recent increase in oil prices and about $40 billion (£20 billion) has been invested in the sector so far this year — equal to all the money pumped into oil last year.

In early trading the price of US light crude rose $1 to $119.93 amid concern about the impact of industrial action at Grangemouth.

This came on top of a $2.50 gain on Friday and leaves the price of oil up more than 25 per cent since the start of the year.

The price of Brent oil rose 83 cents to $117.17 and oil analysts have predicted that further price rises are likely in the coming months.

Supply shortages are expected to get worse over summer, which is hurricane season in the Gulf of Mexico.

In addition, demand usually rises in hot months when air-conditioning units are operating at full blast. If financial investors continue to pour money into oil funds, as the president of Opec has suggested, this could cause prices to spike even higher.

Today's price rises came as workers at Grangemouth, which is operated by Ineos, a chemical company, began a two-day walkout yesterday over pension benefits.

This forced the closure of the 700,000 barrel-a-day Forties pipeline and sparked fears that Scotland and the North of England could face petrol shortages.

I did inhale.

Don April 28, 2008 - 8:32pm

Central and South Americas are only going to matter more and more faster and faster...

South of the border
Labor shortage sending farmers to Mexico
Originally published April 28, 2008

By Ike Wilson
News-Post Staff

Some American farmers are making their way southward, setting up shop across the border in Mexico and farther away in Brazil. It's a trend described as the future of U.S. farming.

Farmers making the move say they are at the leading edge of the future of American agriculture.

To date, U.S. farmers have 46,000 acres of farm production in Mexico, a figure that pales in comparison to the 27 million acres in California alone, but that number is expected to increase, according to a recent report by CBS reporter John Blackstone.

American farmers are also setting up operations in Brazil where the growing seasons are longer and labor and land costs are much lower, according to media reports.

Blackstone interviewed California farmer Steve Scaroni, whose 2,000 acres and 500-employee lettuce operation is in full production in Mexico.

"It's a very sad story for me to go Mexico to complete the American dream," Scaroni said.

Scaroni had to move part of his $50 million farm operation south because American farmers are unable find enough daily labor on a consistent basis, he said. He produces two million pounds of lettuce a week.

Scaroni received a big welcome from Mexican agriculture officials. They who told him that with U.S. farmers coming to Mexico, their citizens don't have to risk life and limb entering the United States in search of jobs.

More

Zuma April 28, 2008 - 8:44pm

The crash is when you hit the ground.

We are somewhere inbetween.

brodix April 29, 2008 - 6:14am

boston.com

By Graham Allison and Robbie Diamond

Gas prices are skyrocketing; the average price of a gallon of regular soared past $3.50 last week. Venezuela has threatened to cut off oil exports to the United States. The dollar has fallen by 30 percent against the euro over the past two years. Could things possibly get worse?

Yes. Real-world events underscore the nation's acute energy security vulnerabilities. Over the last year oil prices have surged in a short period of time without any single precipitating event. The effects are stark. Every $10 increase in the annual price of a barrel of oil costs the economy $75 billion.

The average American household spends $5,750 a year on energy, up more than $2,000 from just four years ago. The increase in the cost of gasoline alone amounts to a more than $1,500 tax on the typical American family. Over much of the past decade, Americans have been able to compensate for rising energy costs by drawing on the also-rising equity of their homes. But that did not solve the problem; it camouflaged it. And now that the mortgage crisis and the resulting collapse in property values have taken that crutch away, Americans are more conscious of the impact of the rising cost of oil on their livelihoods.

more

I did inhale.

Don April 29, 2008 - 6:59pm

are all slave made in China. Yes, the ancient technology of these things does in fact give more light per watt sucked but they do contain toxic mercury so don't break one. Also those claims about them lasting 12,000 hours? Like I said they are slave made in China so evacuating the air out of the glass container is not best accomplished by slaves collectively sucking on staws. Several companies have tried to make real advances in lighting. Lamps that do in fact last thousands of hours but piss poor management and the destructive memes promoted by business have taken these items off the market.

Lasthorseman April 29, 2008 - 9:07pm

CNN

NEW YORK (CNNMoney.com) -- Despite daily headlines bemoaning record gas prices, the U.S. is actually one of the cheaper places to fill up in the world.

Out of 155 countries surveyed, U.S. gas prices were the 45th cheapest, according to a recent study from AIRINC, a research firm that tracks cost of living data.

The difference is staggering. As of late March, U.S. gas prices averaged $3.45 a gallon. That compares to over $8 a gallon across much of Europe, $12.03 in Aruba and $18.42 in Sierra Leone.

The U.S. has always fought to keep gas prices low, and the current debate among presidential candidates on how to keep them that way has been fierce.

But those cheap gas prices - which Americans have gotten used to - mean they feel price spikes like the ones we're experiencing now more acutely than citizens from other nations which have had historically more expensive fuel.

Cheap gas prices have also lulled Americans into a cycle of buying bigger cars and bigger houses further away from their work - leaving them more exposed to rising prices, some experts say.

Bogged down
Most expensive places to buy gas
Rank Country Price/gal
1. Sierra Leone $18.42
2. Aruba $12.03
3. Bosnia-Herzegovina $10.86
4. Eritrea $9.58
5. Norway $8.73
6. United Kingdom $8.38
7. Netherlands $8.37
8. Monaco $8.31
9. Iceland $8.28
10. Belgium $8.22
111. United States $3.45

Cruisin'
Where gasoline is cheapest
Rank Country Price/gal
1. Venezuela 12 cents
2. Iran 40 cents
3. Saudi Arabia 45 cents
4. Libya 50 cents
5. Swaziland 54 cents
6. Qatar 73 cents
7. Bahrain 81 cents
8. Russia 88 cents
9. Egypt 89 cents
10. Kuwait 90 cents
45. United States $3.45
155 countries surveyed between March 17 and April 1, 2008. Prices not adjusted for cost of living or exchange rates.

I did inhale.

Don May 1, 2008 - 7:52am

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