X-Message-Number: 30737
From: "Will Knot" <>
Date: Sat, 17 May 2008 19:24:48 -0500
Subject: More Web Site Recommendations

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In #30735 yesterday, Keith Henson seems to fall prey to the peak oil
doomsday promoters, by providing us a link to what appears on the surface
to be a very scholarly document from one of them. 

The author is a doctor of psychology.  Perhaps he was doing clinical
treatment to his essay, as shrinks are wont to do to their patients,
bending reality to shape the desired end result.

Regardless, the article is highly biased in favor of peak oil
apocalypticism.  The good doc relegates material which should have been
given equal weight in his tome, to side references and footnotes.  Here
are some of the important ones he did that to, and which any reader of
his piece of alarmist rhetoric, should pay careful attention to:

Sweden plans to be world's first oil-free economy
http://www.guardian.co.uk/frontpage/story/0,,1704937,00.html

Apocalypse, Not. A Critical Look at Peak Oil Catastrophism, by Toby
Hemenway
http://www.energybulletin.net/14695.html

WSJ:  The World Has Plenty of Oil, By Nansen G. Saleri 
http://tinyurl.com/5gdty8

Peak Oil Debunked
http://peakoildebunked.blogspot.com/

Final thought:  So gas prices have soared, doesn't that mean we are
experiencing "peak oil"?  What people fail to understand is that peak oil
is about production.  Almost all of the numbers charted on fancy graphs
are production numbers.  Production may, but does not always, reflect
presence or absence of the actual oil still available as a resource in
the ground.  Now with that in mind, does it come as any surprise that in
this final lame duck year of the USA Prez Dubbya, his investments and
personal connections to the oil industry (which paid for getting him into
office) are being paid off handsomely?  Just look at recent charts of the
share prices of oil companies - if there is a "peak oil" crisis, why are
oil investors getting filthy rich?  Example:

http://news.ino.com/headlines/?newsid=20080516010651

The answer lies in the political control of production, to drive prices
higher - not due to any lack of oil in the ground.

-- 
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