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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (24313)	6/18/2008 2:14:40 PM
From: koan	Read Replies (2) \| Respond to of 149317

We have a terrible situation. Coal is horrible and is spreading mercury around the world. We are watching mercury levels rise in fish up here. Pollution from asia comes right at us and the arctic is sort of a backwater trapping it. I do not know what we will or can do? I am a hard core environmentalist and know the dangers. Too many people in the world and our culturs are still very primitive. Men own 99% of all the wealth in the world and all cultures and religions discriminate against women. But as a trader I just trade what I see. Here is what I see: We are at peak oil. 85 million barrels a day is all we can produce. Demand is about 87 barrels (asia!). All major fields are in decline. NG is declining at 5% per year in the US. oil and gas fields decline in a parabolic manner. So for the next decade coal will supplant oil in two majors ways: 1) coal to liquid for oil and gas $22 to $28 per barrel. 2) oil and maybe NG fired plants cannot run on $5/6/7 oil (eletricity would be over .30 a kilowatt), so they will need to switch to coal. 3) china is building a new coal fired plant every week. The world is in big trouble because of our over population and primitive thinking and massive pollution. I went back to California last winter and it was clear the social systems are breaking down from over population. I live in Alaska. I do not know what the answers are, except the best chance the world has is to let liberals (and I think women-lol) run things, but I am not holding my breath for either-lol. In countries where liberals are in control like Denmark and Sweden their socieities run much better. Canada is at least 10 years ahead of us culturally. IMO. PS have you read "The road" by cormack Mcarthy? Best book I ever read. Read it in 24 hours straight through. didnt sleep.