we haven't seen NOTHING YET.... your daily dose of DOOM
Thread Starter
Senior Member
SL Member
Joined: Dec 2005
Posts: 208
From: Huntington Beach, CA
we haven't seen NOTHING YET.... your daily dose of DOOM
*personal note, if you have the attention span of a 3 year old, you probably won't read the articles i've posted here. Basically we are all f***ed.
Jan Lundberg: The Stage is Set for Famine in America
We are headed for massive shortages of food and other essentials No one can say with certainty that the worst effects of today's crisis will occur tomorrow or by any particular date. But it is irrational to assume there will only be gradual tightening of supplies until some solutions miraculously come to our aid. One ought to at least admit that one year ago few people thought we'd be going in
the direction we're going in, this fast, today. Three days is our average food supply in the modernized world, i.e., for cities and supermarkets. Long-term food stocks have plummeted: "Cereal stocks that are at their lowest level in 30 years," according to Worldwatch institute. This is exacerbated by increasingly weirder weather, compounded by the oil price/supply pressure on food.
London Times: Corn Belt Flood is Disaster "of Biblical Proportions"
The price of corn has more than tripled in the past two years to record
high levels. Analysts estimate that flooded Iowa and Illinois and the other
corn states might produce 15% less grain than last year. Some believe the
shortfall will be even larger. It’s all looking very biblical. Given that the
Bible belt crosses the corn belt in middle America, it’s a surprise someone
isn’t making apocalyptic noises about seven years of famine and flood.
Associated Press: "Everything is spinning out of control"
Is everything spinning out of control? Midwestern levees are bursting. Gas
prices are skyrocketing. Home values are abysmal. Air fares, college tuition
and health care border on unaffordable. Wars without end rage in Iraq,
Afghanistan and against terrorism. The can-do, bootstrap approach
embedded in the American psyche is under assault. Eroding it is a [sense
of] powerlessness that is chipping away at the country's sturdy conviction
that destiny can be commanded with sheer courage and perseverance.
Mike Whitney: "Forget about a rebound, this is game over"
The prospects are dim for paying off debts out of further price gains for
homes and real estate. The United States and other countries have
reached a limit in which scheduled interest and amortization absorb the
entire economic surplus of so many individuals, companies and government
bodies that new construction, investment and employment are grinding to
a halt. Families, investors and companies are obliged to use their entire
disposable income to pay their creditors or face bankruptcy. This leaves
them without enough money to sustain their living standards . . .
James Howard Kunstler: "The mainstream media has no f**king clue"
I got a call from one of Katie Couric's producers at CBS news on Friday.
Somehow, they had noticed that oil prices were becoming a problem in
America. They called me for a comment. The scary part was they were
clearly treating the issue as a "lifestyle" story. Did I think more
suburbanites would move downtown? And would that be a good thing...?
They have no f**king clue how broadly and deeply these dynamics will
affect the life of this nation, or even our ability to remain a nation.
Wilmington Star: Soaring Gas Prices Push More People to the Edge
Gas prices are causing a ripple effect through the economy, pushing up the
prices of food, utilities, air travel and many other goods and services,
further straining households and businesses. Recently, for example, US
Airways, the main airline serving Wilmington-area travelers, announced a
$15 fee for a first checked bag and a $2 charge for soft drinks and coffee
to help offset fast-rising jet fuel bills.
Boston Globe: $4 Gas Forces Americans to Abandon the Suburbs
If gas prices continue their inexorable rise, commuting costs will become a
critical factor in where people choose to live. The first dramatic changes
would probably occur for those in isolated suburbs and exurbs. "When gas
was cheap, it was financially possible to live out in the outer reaches of the
suburban ring and commute in," said Mark Zandi, chief economist for
Moody's Economy.com. "That's where we'll see the largest impact."
ondon Times: Oil Prices Soar as Emergency Talks End in Disarray
World oil prices increased again today after the pledge from the world's
biggest oil exporter, Saudi Arabia, to raise production was unable to quell
supply concerns following reports of fresh attacks on a pipeline on Nigeria.
Crude oil rose to more than $136.60 (£69.26) a barrel in New York despite
Saudi Arabia saying at an emergency meetingin Jeddah over the weekend
that it will raise daily crude output by 200,000 barrels . . .
Washington Post: What Happens if/when the Saudis are Tapped Out?
Even an additional 500,000 barrels a day is only about half the increase in
global consumption last year, almost all of which occurred in Asia. And it
will take years for the Saudis to raise their productive capacity even
higher, as they say they want to do. Some energy experts think the
legendary Saudi fields are far closer to being tapped out than the secretive
kingdom admits. Matthew R. Simmons, an investment banker specializing in
energy, has published a paper suggesting that Saudi oil production is
already near its physical limits - a conclusion the Saudis vigorously dispute.
UK Independent: Hope Springs Eternal but Oil Does Not
As the oil price continues to soar, there is a gathering consensus that
global production of the black stuff is nearing fundamental geological limits.
Yet BP's chief executive continues to argue valiantly that the causes of the
current oil shock are "not so much below ground as above it, and not
geological but political". Since his company's Russian joint venture, TNK-BP,
is under ferocious assault from both its Russian shareholders and the
Russian state, Mr Hayward can be forgiven for thinking the industry's
problems are man-made rather than natural. But this is a false distinction,
and closer analysis suggests BP's predicament is itself evidence of looming
geological constraints to global production, or "peak oil".
www.lifeaftertheoilcrash.net
Jan Lundberg: The Stage is Set for Famine in America
We are headed for massive shortages of food and other essentials No one can say with certainty that the worst effects of today's crisis will occur tomorrow or by any particular date. But it is irrational to assume there will only be gradual tightening of supplies until some solutions miraculously come to our aid. One ought to at least admit that one year ago few people thought we'd be going in
the direction we're going in, this fast, today. Three days is our average food supply in the modernized world, i.e., for cities and supermarkets. Long-term food stocks have plummeted: "Cereal stocks that are at their lowest level in 30 years," according to Worldwatch institute. This is exacerbated by increasingly weirder weather, compounded by the oil price/supply pressure on food.
London Times: Corn Belt Flood is Disaster "of Biblical Proportions"
The price of corn has more than tripled in the past two years to record
high levels. Analysts estimate that flooded Iowa and Illinois and the other
corn states might produce 15% less grain than last year. Some believe the
shortfall will be even larger. It’s all looking very biblical. Given that the
Bible belt crosses the corn belt in middle America, it’s a surprise someone
isn’t making apocalyptic noises about seven years of famine and flood.
Associated Press: "Everything is spinning out of control"
Is everything spinning out of control? Midwestern levees are bursting. Gas
prices are skyrocketing. Home values are abysmal. Air fares, college tuition
and health care border on unaffordable. Wars without end rage in Iraq,
Afghanistan and against terrorism. The can-do, bootstrap approach
embedded in the American psyche is under assault. Eroding it is a [sense
of] powerlessness that is chipping away at the country's sturdy conviction
that destiny can be commanded with sheer courage and perseverance.
Mike Whitney: "Forget about a rebound, this is game over"
The prospects are dim for paying off debts out of further price gains for
homes and real estate. The United States and other countries have
reached a limit in which scheduled interest and amortization absorb the
entire economic surplus of so many individuals, companies and government
bodies that new construction, investment and employment are grinding to
a halt. Families, investors and companies are obliged to use their entire
disposable income to pay their creditors or face bankruptcy. This leaves
them without enough money to sustain their living standards . . .
James Howard Kunstler: "The mainstream media has no f**king clue"
I got a call from one of Katie Couric's producers at CBS news on Friday.
Somehow, they had noticed that oil prices were becoming a problem in
America. They called me for a comment. The scary part was they were
clearly treating the issue as a "lifestyle" story. Did I think more
suburbanites would move downtown? And would that be a good thing...?
They have no f**king clue how broadly and deeply these dynamics will
affect the life of this nation, or even our ability to remain a nation.
Wilmington Star: Soaring Gas Prices Push More People to the Edge
Gas prices are causing a ripple effect through the economy, pushing up the
prices of food, utilities, air travel and many other goods and services,
further straining households and businesses. Recently, for example, US
Airways, the main airline serving Wilmington-area travelers, announced a
$15 fee for a first checked bag and a $2 charge for soft drinks and coffee
to help offset fast-rising jet fuel bills.
Boston Globe: $4 Gas Forces Americans to Abandon the Suburbs
If gas prices continue their inexorable rise, commuting costs will become a
critical factor in where people choose to live. The first dramatic changes
would probably occur for those in isolated suburbs and exurbs. "When gas
was cheap, it was financially possible to live out in the outer reaches of the
suburban ring and commute in," said Mark Zandi, chief economist for
Moody's Economy.com. "That's where we'll see the largest impact."
ondon Times: Oil Prices Soar as Emergency Talks End in Disarray
World oil prices increased again today after the pledge from the world's
biggest oil exporter, Saudi Arabia, to raise production was unable to quell
supply concerns following reports of fresh attacks on a pipeline on Nigeria.
Crude oil rose to more than $136.60 (£69.26) a barrel in New York despite
Saudi Arabia saying at an emergency meetingin Jeddah over the weekend
that it will raise daily crude output by 200,000 barrels . . .
Washington Post: What Happens if/when the Saudis are Tapped Out?
Even an additional 500,000 barrels a day is only about half the increase in
global consumption last year, almost all of which occurred in Asia. And it
will take years for the Saudis to raise their productive capacity even
higher, as they say they want to do. Some energy experts think the
legendary Saudi fields are far closer to being tapped out than the secretive
kingdom admits. Matthew R. Simmons, an investment banker specializing in
energy, has published a paper suggesting that Saudi oil production is
already near its physical limits - a conclusion the Saudis vigorously dispute.
UK Independent: Hope Springs Eternal but Oil Does Not
As the oil price continues to soar, there is a gathering consensus that
global production of the black stuff is nearing fundamental geological limits.
Yet BP's chief executive continues to argue valiantly that the causes of the
current oil shock are "not so much below ground as above it, and not
geological but political". Since his company's Russian joint venture, TNK-BP,
is under ferocious assault from both its Russian shareholders and the
Russian state, Mr Hayward can be forgiven for thinking the industry's
problems are man-made rather than natural. But this is a false distinction,
and closer analysis suggests BP's predicament is itself evidence of looming
geological constraints to global production, or "peak oil".
www.lifeaftertheoilcrash.net
Senior Member
SL Member
Joined: Aug 2005
Posts: 2,457
From: Earth
Re: we haven't seen NOTHING YET.... your daily dose of DOOM
Originally Posted by NotAllBad
....Boston Globe: $4 Gas Forces Americans to Abandon the Suburbs....
I have a roll of aluminium foil if youre looking for a hat...
Thread Starter
Senior Member
SL Member
Joined: Dec 2005
Posts: 208
From: Huntington Beach, CA
Re: we haven't seen NOTHING YET.... your daily dose of DOOM
Originally Posted by HeathenBrewing
Originally Posted by NotAllBad
....Boston Globe: $4 Gas Forces Americans to Abandon the Suburbs....
I have a roll of aluminium foil if youre looking for a hat...
They're all going to TJ to fill up.
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