Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (66952)	8/4/2005 1:55:34 PM
From: Moominoid	Read Replies (2) \| Respond to of 74559

I saw him speak in person at the United States Society for Ecological Economics meeting in Saratoga in 2003. He bases his stuff on the work of some of my colleagues etc. and then goes way overboard in exaggeration. He's a journalist type. Unfortunately some people believe it. A friend of a friend in VA is starting to hoard fuel and stuff.

To: elmatador who wrote (66952)	8/4/2005 4:44:26 PM
From: Slagle	Respond to of 74559

elmatador Re: "greatest misallocation of resources in the history of the world" Time will tell, won't it? One thing different now than ever before is that whatever is being done now is being done on such a vast scale as compared to any time period in the past. So if wrong choices are being made, they are REALLY wrong. Slagle

To: elmatador who wrote (66952)	8/4/2005 5:13:54 PM
From: energyplay	Read Replies (2) \| Respond to of 74559

Knustler - Another liberal twerp who can't stand the idea of more people getting rich and comfortable. Nuclear power will mess up a big part of his energy shortage sceanario, tropically sourced ethanol another part, hybrid cars some more and deep drilling the rest. I wonder what bugs him the most - rednecks & Texans in McMansions, or Chinese in SUVs ?

To: elmatador who wrote (66952)	8/5/2005 4:03:21 AM
From: energyplay	Read Replies (2) \| Respond to of 74559

From Kunstlers recent NY lecture - "We have been making up for our shortfall in gas in recent years by buying a lot of gas from Canada. The NAFTA treaty compels them to sell us their gas, and they are technically in depletion too. They're not happy about this. About half the houses in America are heated with natural gas. Nobody know what we are going to do when the depletion arc gets steeper. Oh, another problem with gas. The wells run dry just like this (snap!). Unlike oil wells, which go from gusher to steady stream to declining stream, gas wells either put out gas or they stop. And there's no warning when they are close to running out. Because, the gas is coming out of the ground under its own pressure. As the gas wells of North America continue to deplete, we will have little warning." *************my comment Gas wells depleting with a snap - close to true for wells in the Austin Chalk (I have a very minor interest in one) and a number of other types of gas wells - maybe 15% of production. But not true of the other 85%... He also likes to take proven reserve estimates, divide them by current consumption rates, and announce the quotient as if it were years to doomsday.... The guy is pedaling a mythology of near total resource depletion. The "end of oil" is what he is pushing. Not the "end of cheap oil" Canadian tar sands, deep offshore, advanced recovery like waterflood mean we get to pay more for oil - it won't go away.