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Politics : Peak Oil reality or Myth, of an out of Control System

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From: dvdw©1/2/2014 9:17:33 AM
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This outtake from a post at Million Dollar Way.....contains a milestone recognition about how the variable times role has and continues to shape capital

".That has undermined the profitability of fuel sent to Europe from Asia, Russia and the Middle East. The more-recent forays of U.S. shipments to Asia could become more common once an expansion of the Panama Canal is completed in 2016, likely cutting shipping costs and further increasing the price competitiveness of U.S. exports" full post here; themilliondollarway.blogspot.com

Its becoming clear that US energy independence is the wrong goal to focus on for the short term, as systems are in the process of sorting out the differentials between price artifacts, in this process, it might be best to look at the balance of payments figures for clues to the progress being made by the variable time. The Independence idea is likely to be muted by the introduction of other technology, that leaves the argument and rhetoric of the idea...in the dust. Superfluous comes to mind.
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