The Green Files > Petrocollapse roundup: Ruppert

http://www.theoildrum.com [The Oil Drum | A Community Discussion about Peak Oil] Ruppert reminded the crowd about the Hirsch report (I forget—was it ever re-released or not?), which said that if we only initiate action when the peak occurs, there will be a liquid fuel shortfall of 2 decades. Since Ruppert believes the peak is already upon his, he takes this to mean that there will only be a shortfall because after 2 decades, there will have been enough of a die-off to go back to a lifestyle where the populations may be able to use liquid fuels again.

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http://peakoil.blogspot.com [Peakoil.blogspot.com] Peak Oil News: Crossing the Rubicon: An Interview with Michael Ruppert: But Ruppert goes way beyond 9/11, arguing that the U.S. economy, built on an unsustainable "growth through debt" model and fed by more than $500 billion a year of laundered C.I.A.-controlled global drug money, is about to crash. Beyond the obvious—massive consumer debt, tremendously high levels of federal borrowing and spending, and spectacular corruption (more than $4 trillion have gone missing from the U.S. Treasury)—lies the specter of "Peak Oil."

http://actionsbyt.blogspot.com [Helpful Tip of the Day] Are We Running out of OIL: with From the Wilderness publisher Michael Ruppert, Simmons was asked if it was time for Peak Oil to become part of the public policy debate. He responded:

http://ramblingsnmusings.blogspot.com [Ramblings'N'Musings] Life After the Oil Crash: Bush’s energy advisors, investment banker Matthew Simmons has stated, “The situation is desperate. This is the world’s biggest serious question,” while comparing the crisis to the perfect storm: “If you read The Perfect Storm, where a freak storm materializes out of the convergence of three weather systems, our energy crisis results from the same phenomenon.”

http://peakoil.blogspot.com [Peakoil.blogspot.com] Peak Oil News: The grudging acknowledgment and disclosure of some of this reality in recent months (which has included massive public relations campaign on the part of Chevron and others to gradually condition the public's reaction to Peak) does not make up for the denial, which has, and continues to, cost the world dearly in terms of wasted resources, wasted and lost lives (war), lost time, and lost opportunities for real solutions and worldwide preparation.

Lifeaftertheoilcrash.net[Lifeaftertheoilcrash.net] Peak Oil: Life After the Oil Crash: Since then, oil and gas prices have doubled to almost $70/barrel and $3.00/gallon, Saudi Arabia has failed to make good on its repeated promises to raise oil production, major players in the US economy such as GM and Ford have seen their debt ratings cut to 'junk status', several major airliners are on the verge bankruptcy as a result of high oil prices, global oil resources have been further depleted by almost 60 billion barrels, discoveries have declined to almost nothing, China almost succeeded in buying a major US oil company and has succeeded in buying a major Canadian oil company, Chevron has come out and all but said, "we're screwed and don't know what to do - you guys got any ideas?", US troops and innocent Iraqis are getting killed everyday in the Mesopotamian Oil Burglary (a.ka.

[Wrede.interfacedesign.org] owrede_log: Peak oil: OPEC is claiming the supply problem is an issue created by the downstream side: recieving ports and refining facilities haven't been scaled up enough in the early past. In fact OPEC even estimates it will almost double it's production of 37.9 million barrels per day to 58.3 mb/d (see page 12 of this report) within the next 20 years.

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