Hurray! The Party Is Over!
by Ray Songtree – May 8, 2015
When one civilization’s bummer is everything else’s joy…
I think it very likely that the 1% Cabal has huge reserves of oil that we are not told about. I believe this because M. King Hubbert, the Peak Oil Guru who was co-founder of Technocracy Inc in the 1930’s before he became a “geologist”, was a total insider and was funded by Shell. In other words, Peak Oil is true, and because it is true, the elite have a stash.
But so what if reserves are hidden? The oil that WE get to use is in decline, because the cheap stuff is gone. And there is NO alternative. Nuclear? Will it take another Fukashima to shut all the reactors down for good? Free energy? = the infinite environmental impact statement = perfect excuse for one world government that will be necessary to keep it’s impact in check. Forget anything that has the word free on it. Nothing is free. Solar and wind that require mining and factories. Peak Everything is here. The easy stuff has already been taken. All minerals and ores will get increasingly expensive, and unaffordable.
The consumerist ethic needs to become extinct, before everything else becomes extinct.
How great it is that consumerism has no future, nor do the subcultures that fly around the world to party! How great that the subcultures based on sports sex that fly around the world will disappear!
This isn’t negative talk, this is very positive talk. The sick immoral party is over. The decadence is not sustainable. Something more clean is coming.
For people who don’t realize the devastation that our habits are causing, collapse is viewed with fear, while every other living thing and all indigenous communities experiences the end of “economic growth” as euphoric relief. Hurray!
The end of economic growth means no more lattes! Wine vineyards will be replaced with something edible. No more mono-crop anti-community regions overseas to supply us with substances like coffee, tea, sugar. No more corporate slaves in foreign countries sending us grapes in the middle of winter. It will become too expensive to ship them. No more vacations overseas! Tourist industries will disappear to be replaced by people who actually produce something for a living. Obesity will disappear. Oh my!
Hurray, we don’t get to be pigs any more, we get to be humans again like we were for a million years. Hurray!!!!!!
If any of this bums anyone out, that is the part of you that is killing the planet. You are resisting the clean up. Your values and sense of entitlement are the problem that nature is struggling to overcome.
I disagree with Deep Green Resistance Derrick Jensen. We will voluntarily reduce our impact, because we won’t have a choice. The faster we run out of oil and coal and natural gas, the faster the planet will recover. And we don’t need to envision starvation. How about envisioning having enough, instead of always wanting more?
Question for reader…
Do you think that with all resources in decline and the population continuing to grow, that there will be “abundance” for everyone in the utopian liberated awakened world of “Thrive?”
…or do you feel that real spiritual and lifestyle awakening must include the end of the grasping desire for material “abundance?”
Arthur Berman is perhaps the most credible debunkers of oil hype on the planet because he is a highly qualified petroleum geologist and a longtime, top-tier employee of the oil industry. In a presentation early this year, he made an offhand remark in answer to a question about Exxon Mobil CEO Rex Tillerson. “Oh,” Berman responded, “Rex knows his company is in liquidation and he’s terrified his stockholders are going to find out.” I don’t know if anyone else heard a thunderclap at that moment. The discussion moved quickly onward, but I sat stunned (as I listened to the tape). It seemed to me I had just heard spoken aloud the essential truth of our industrial age: it’s in liquidation, and the people in charge are terrified we are going to find out.Liquidation, also known as a going-out-of-business sale, is a stunning word to use about the oil industry, unless you think about it for a minute. A company in liquidation stops making or buying its product and keeps selling until its inventory is gone, then turns out the lights and locks the doors. Oil companies don’t make oil, they have to find it, and they aren’t finding any. What’s more, take a look at their capex (capital expenditures for exploration and development) numbers and you see that after a decade of increasingly frenzied and expensive searching for new oil fields, with ever-diminishing returns, the industry has virtually stopped looking. Which brings us once again to the shoals of peak oil.
Oil hypists have been declaring the “theory” of peak oil to be dead since the phrase was first used. Never more enthusiastically than when the shale oil “revolution,” a.k.a. the fracking boom, took hold in America five years ago. The assault on logic and uncommon sense was massive, well funded and for a time successful: for a while, the term “peak oil” became synonymous with “loser.” Not any more. Peak oil is back, and Rex Tillerson is, if anything, more terrified than he was at the beginning of the year.
First of all, peak oil is not a theory, it is a straightforward expression of mathematical reality. If you are using a resource whose supply is finite, at some point you will have used half of it. And by extension, of course, at some point you will run out altogether. But peak oil is not about running out, it’s about reaching that halfway point, after which the supply of oil will steadily decline toward zero. That’s because everybody goes after the cheap and easy oil first; the second half is harder and more expensive to get.
Once we drilled a hole a few hundred feet into the ground and watched a gusher soak the neighborhood with crude. Now we drill through four miles of rock in order to wring oil by the pailful out of a sponge made of stone. As if that were not enough evidence that we are, as someone said, taking jelly beans out of a jar that is no longer even close to full, consider the torrent of reports and articles that just in the past few weeks has documented our arrival at the peak:
- The Return Of Peak Oil – Worrying Signs From U.S. And Russia — oilprice.com
- ‘Beyond petroleum’ – fracking’s collapse heralds the arrival of peak oil — Ecologist
- The U.S. Production Decline Has Begun — Resilience.org
- Kemp: US Oil Production Is Probably Peaking Right Now — Rigzone
- Oil production falling in three big shale plays, EIA says — fuelfix.com
- Debunking America’s Energy Fantasy — naked capitalism
The oil hypists would have us believe that this is all the fault of the collapse of oil prices last fall, and all will be well as soon as this temporary blip is over. But well before prices fell below $100 a barrel, the oil companies were giving up on their capex budgets and the frackers were up to their eyeballs in debt and running out of sweet spots to frack.
Where there is no liquidity, there is liquidation. Now the stockholders are finding out. Be afraid, Exxon. Be very afraid.