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Oil and Gas - The Next Meltdown?
27 min - peak moment tv - energy, food, peak oil 1836 views - website

Drawing parallels with the current financial meltdown, Matthew Simmons expresses his alarm about gasoline stocks being the lowest in several decades and refinery production down following recent hurricanes. He warns that if there were a run on the "energy bank" by everyone topping off their gasoline tanks, the U.S. would be out of fuel in three days, and grocery shelves largely emptied in a week. In an interview plus excerpts from his presentation at the Association for the Study of Peak Oil (ASPO-USA) conference on September 22, 2008, Matt highlights the risks and vulnerabilities in the finished oil products system, and answers questions from the audience.

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Posted by Uncle B on Monday, March 02, 2009

“Cattle are fed prodigious quantities of corn. At a feedlot of a mere 37,000 cows, 25 tons of corn are dumped every hour. It takes 1.2 gallons of oil to make the fertilizer used for each bushel of that corn. Before a cow is slaughtered, she will eat 25 pounds of corn a day; by the time she is slaughtered she will weigh more than 1,200 pounds. In her lifetime she will have consumed, in effect, 284 gallons of oil. Today’s factory-raised cow is not a solar-powered ruminant but another fossil fuel machine.” SEE: http://www.earthsave.org/environment/foodchoices.htm
But: The Asian worker is primarily a vegetarian, and/or eats small quantities of pork and fish, lives right on the factory floor, and commutes by train to country homes, their security for lay-offs - a luxury the greedy capitalists stole from the American worker to make way for factory farms! Educated Chinese and Indians are leaving the U.S.A. in droves to return home to do what?
The astounding Chinese have epoched the great GM, of U.S.A. in producing an Electric/gas/plug-in car! They are driving them in the streets of China as we speak, they will be retailed in the U.S.A. by 2011, they will cost half the price of a "Volt" and they are "On Order" for Israel! GM take a deep breath, your naughty parts have just been cut off by a Chinese high-tech competitor, and the "Volt" is still "Vapor-ware"! See:http://www.cleantech.com/news/3983/chinas-byd-sells-first-mass-produced-plug-cars
We credit ourselves as being the "Repository of the Worlds Knowledge' but are we The Asian countries have schools too, and for the commie ones, are very secretive about what they know, NB More people in China speak English that in the U.S.A. - a fact but simply not conversely so! As far as knowledge is concerned, China has more post grads with IQ's of 130+ in school at the moment than the u.S.a. has high school students! What happens when they finally hit the ground in industries? Do we stand a chance? Young teenage boys in India write C++ and C language programs (in games clubs) for games for American children. American children play games on Microsoft and Windows pablumed super "gamer specialized" computers and learn violence and brutality? Will Americans ever embrace Solar, Wind, Wave, Hydro, Tidal and Geothermal, the 'perpetual" or renewable if you wish power resources, or will they go for the corporate high profit fast answer, nuclear power, and find themselves knee deep in the worst poisons known to mankind, nuclear wastes? none of the above produce fuel! We need to look to Algae produced diesel fuel for help
SEE:Algae can produce oil. Estimates using today's production techniques are 400 gallons per acre. The University of New Hampshire is exploring ways of forced production of algae for biodiesel that is yielding 10,000 gallons per acre and uses salty water. Their calculations show that a tiny area of the Sonoran desert in New Mexico (about 9%) would be enough area to produce all of the transportation fuel in the U.S. using their production techniques. Already, one company is experimenting with algae production stations at a power plant to capture the CO2 from the exhaust and use it to make algae for biodiesel. http://www.itsgood4.us/biodiesel.htm
But then we turn our noses up at the hyper-efficient Euro-diesel, and prefer our stinky low compression wasteful V-8 engines,Why? Can't we build good diesels? Apparently not! When GM tried, in the 70's they failed miserably, while Mercedes, Volkswagen, Peugeot, MAN, Citroen, and the Japanese seem to have the trick and exploit it just fine! Are we really that backwards? Is part of the problem "Us"? nawwww! Were too perfect for that to be true!


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