Realsit

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    • Wed Nov 19th 18:19 PM | Rating: 0 0
      Commented on:
      Peak Oil, Cars, and Depressions
      Famous actora and producers in pawn shopes? Yikes. I head that in Beverly Hills the boobs are now real, but the jewelry is fake.
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    • Wed Nov 19th 15:22 PM | Rating: 0 0
      Commented on:
      Real Price of Gas Approaches a Historic Record-Low
      Don't forget about carbon credits that all polluting companies will have to buy and trade. More cost for the public and more money for the government. Remember, Obama wants to have the most stringent carbon taxing scheme. Never mind that China is building 2 new coal-fired power plants every week.
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    • Sun Nov 16th 11:08 AM | Rating: 0 0
      Commented on:
      Is Mexico on Its Way to Becoming an Oil Importer?
      Georealist has it right. Now I'm expecting Brian Pursley to comment on this article in order to spread his fantasy gospel that "oil is infinite."
      The supply side of oil is getting ravaged as much or more than the demand side. What will make the next oil spike even more acute is the credit crisis that has enveloped the world and is causing big oil projects to be mothballed left and right. The Canadian oil sands, once touted as having "more oil than Saudi Arabia" and which currently account for 2 MBPD of U.S. imports, have been the hardest hit by the credit crisis
      and collapsing oil prices. Having a highly energy intensive extraction process, Canadian oil sands are not economically feasible when the price of a barrel sinks below $80 per barrel. As Qatar's oil minister recently warned, oil prices below $70 a barrel will cause a new supply crisis. "Under this scenario, future demand will face a shortage and there will not be enough investment to cope with demand increases." He is correct. We are setting ourselves up for major future supply constraints. The general public doesn't understand this and most are not aware of the seeds being sown. Try explaining to the average person that Big Oil is not gouging them at the pumps.
      Exacerbating the situation for America in particular is that this energy crisis is building at a time when our national debt load is ballooning out of control. Unlike in the 1930's, the U.S. is no longer a creditor nation nor energy independent. It seems inevitable to me that the status of the dollar as the world's reserve currency will be replaced by a basket of commodites or other currencies.
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    • Fri Nov 14th 23:59 PM | Rating: 0 0
      Commented on:
      Number of U.S. Homes With Negative Equity Is Stunning
      How do I go about getting my mortgage principle lowered?
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    • Thu Nov 13th 15:13 PM | Rating: 0 0
      Commented on:
      The IEA Annual Report: A Dire Picture of Energy Supply and Demand
      The Club of Rome back in 1972 concluded that if the entire worlds population were to enjoy the same standard of living we aspire to in the west, we would need 16 planet earths. Growth, growth, growth is relenting and seeking alpha. We can only conserve and improve efficiency to a certain degree before the ever plodding entity of Growth overtakes our increasingly complex solutions. Commodites are the only sure bet over time.
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    • Mon Oct 27th 10:51 AM | Rating: 0 0
      Commented on:
      New Technology Makes Natural Gas a Viable Replacement for Oil
      So if we start using nat gas for transport, what's that going to do to my heating bill? Not a good thing.
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    • Sun Oct 26th 02:07 AM | Rating: 0 0
      Commented on:
      Was 'Peak Oil' a Multi-Billion Dollar Hoax?
      Let's have a third party audit done of the Saudi reserves to see how much is really left. Only then will we know. Matt Simmons has called for this for years. We're still driving in the dark.
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    • Sat Oct 11th 22:27 PM | Rating: 0 0
      Commented on:
      Roger Wiegand: Oil to Reach New Highs by Year-End
      What everyone is forgetting here is that the monster of hyperinflation is coming next year and commodities will go through the roof. The Fed has no choice but to print more money out of thin air.
      Read here:
      www.chrismartenson.com...
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    • Fri Oct 10th 00:39 AM | Rating: 0 0
      Commented on:
      Is Oil Demand Falling Off a Cliff?
      Cutting back in oil consumption here in America can only go so far. Are we hitch hiking to work or are we all car pooling with are co-workers who live across town? It seems far fetched to me. Did we suddenly create a new liquid energy to fuel the transport sector? I'm still eating food produced with oil-based fertilizers, tilled with tractors, and hauled across America in trucks. And no, it's not feasible for the average person to grow their own food.
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    • Tue Sep 30th 18:47 PM | Rating: 0 0
      Commented on:
      It Did Happen! - Cramer's Mad Money (9/29/08)
      Cramer is just one more tool available to us, but beware of his musings and take them with a grain of salt. Don't let him be the deciding factor for you when investing.
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    • Sat Sep 27th 10:49 AM | Rating: 0 0
      Commented on:
      Analysts' Oil Forecasts Wildly Off Base
      To akapital,
      Is the sun going to run my car? Solar cars? If so, I don't see Toyota or GM producing one at this time. What people need to keep in mind is that oil supports nearly 100% of our transport sector. So solar won't affect that reality. Electric cars would affect it though, but significant barriers remain. With only a limited driving range and the need for an ICE engine to still be a part of the "electric car" in order to recharge the 400 lb. battery, we are light years away from such cars making any kind of significant inroads into the overall market share of car sales. And here's something nobody is talking about --- the large scale toxic waste that will be left behind when we start to dispose of these electric car batteries en mass.
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    • Tue Sep 23rd 22:00 PM | Rating: 0 0
      Commented on:
      Peak Oil - Are We There Yet?
      Peak oil is an inevitable and predictable result of modern man's ability to outstrip the Earth's natural resources with unrelenting efficiency. There are many more examples. We are a victim of our own success.
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    • Tue Sep 23rd 22:00 PM | Rating: 0 0
      Commented on:
      Peak Oil - Are We There Yet?
      Peak oil is an inevitable and predictable result of modern man's ability to outstrip the Earth's natural resources with unrelenting efficiency. There are many more examples. We are a victim of our own success.
      View article »
    • Wed Sep 17th 14:19 PM | Rating: 0 -1
      Commented on:
      Oil May Trade in the $80-100 Range for a While
      80-100 for the near term appears to be the general consensus among analysts. I would agree with that. Considering deep water drilling costs are at $95 per barrel and tar sands anywhere from 70 to 100. I just can't see the price dropping much more for very long.
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    • Fri Sep 12th 16:14 PM | Rating: 0 0
      Commented on:
      The Next Commodities Boom: Around the Corner?
      "All the king's horses and all the king's men
      can't put this bubble back together again."
      ---would you be refering to the housing bubble? The government deficit? U.S. houshold debt? The failing U.S. big three auto manufacturers? Bear Stearns? Lehman Brothers? Our entire debt-based economy?
      Oh that's right, we are trying to patch those bubbles up.
      The only things real right now are those basic things we must have as a functioning society: energy and food. And those are no bubble. Those who don't believe this are still living in the illusion of a perpetual growth-driven economy and fail to see the limits of our planet. The gapping hole in mainstream economic theory is scale. We are living in the perfect economic storm: the end of cheap energy, a decimated financial system, and a precarious global geopolitical state. Those who don't see and understand these factors fail to see what's really happening.
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