Friday, January 20, 2006

Auckland's Mr Peak Oil


Recently I wrote to Auckland's most articulate spokesperson for Peak Oil, Kevin Moore. Here is my letter and his reply.

Understand this?
Oil is heading to $70.00 a barrel and policy makers just don't want to know. It's really difficult when your message is so dark and they don't know what to do and there is no political leadership from the top. This is a major challenge to vested interests, including the humble guy who sweeps the street. Like I said, as the song goes ... "See the Devil him driving the school bus and heading to victory". We must ridicule our leaders and shame them into taking a position. Some will lose their seats as a consequence as telling the truth and listening to it is equally unpalatable!
Bryan Pepperell


Well Bryan, the solutions are so simple one of my [temporary] students, a 13 year-old girl from Korea came up with them. But as we all know, nothing that is contrary to the more growth, more energy consumption, more covering the nation in concrete and asphalt agenda will be done.....well not until the system falls over (next month? the month after that?....quick, pass me another pit prop before the roof caves in!!!).

Yes, Nymex at $68.35 and the dollar below $0.68 is surely making a few people start to sweat. And the plunge of the Dow, wiping out all the gains of 2005 must be hurting someone somewhere. The fun will start when they start shitting bricks. I wonder who will run first, who will run fastest? Winnie has a good track record for breaking rank. Losing seats? I'm looking forward to them losing their pants, watching helplessly as their business rorts go down the drain.

Oh sorry, I forgot, it's only a temporary perturbation to the system. Once we've caught Bin Laden, put Iran on the right path and taught those nasty insurgents in Nigeria a lesson, all will be fine and oil will be back to $20-25. MED says so, so it must be true.

I've just thought of something: we haven't had the pledge from the Saudi oil minister to increase production and drive down prices this time round. Someone had better remind him he has neglected his duty.

Kevin

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