They're still pushing peak oil too
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It's been rumoured for years that the USA was shuttering vast reserves. Great strategy for global domination: use up the rest of the world's oil while firmly establishing petrodollar hegemony and then hold the world to ransom after revealing their reserves...
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Funny how that works huh?
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4,000+ products are oil by-products, sir. The list includes shampoo, plastics, pantyhose, ink, ammonia, tape, antihistamines...
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I've read that the smarter people in the industry have long said that the issue isn't scarcity, but the increasing cost of extraction -- developing technology works to offset both. Thus, peak oil is speculative fiction at best.
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By injecting high-pressure steam+detergents into the rock strata, gas/oil can be released rapidly as the strata pulverize. This destroys the capacity of the geological feature to hold gas, including helium. We are eliminating affordable helium as an option for future generations.pic.twitter.com/rzL2BvJYHU
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Didn't the narrative stipulate that further advances in production could (only) be achieved through more costly & environmentally-damaging methods? Why not demand that economic externalities B accounted for before gloating? What's the most efficient & fair way 2 do that, U think?pic.twitter.com/xNX5wnLxdL
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Morality of those who believe that, when someone takes from that which is owned by others or degrades value of same, they owe compensation. Morality of those who think prices should reflect true costs rather than lie to economic actors. Do we all own the air and water, you think?pic.twitter.com/ubfB1rdpB9
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Interesting that economics, which involves questions of fairness, is perceived as divorced from morality. (A shared right to decide limits to pollution implies a shared duty to do so. Does it help to replace 'collective' w/ 'shared'?) Share natural wealth: http://gaiabrain.blogspot.com/2011/06/golden-rule-and-public-property-rights.html …
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You can't have peak anything as long as central banks can print to infinity. If debt had consequences you might have a limit to a supply that could be restrained. But not in this circus we call reality.
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