Notes from the Megamachine

I don’t have much time to post these days.  Here is a distillation of my thoughts on the present energy-financial-geopolitical situation (this was posted at the point when oil is $140 a barrel, after the collapse of Bear but before that of Lehman, and as the S&P goes below 1285):

It’s clear something’s going to have to give.

I still wonder if the US isn’t going to throw the dice

    and just go all out trying to conquer the ME and Central Asia

on the theory that “those damned A-rabs are holding it [our oil] back.

 

I think that attempt at conquest will fail.

 

BUT,

 

 

   there IS a fair amount of oil under the ground

in Iraq, Iran and Kazhakhstan

if it were all developed

in the way that Saudis developed the fields

 

 

at their height it could definitely buy some time problem is

we would not be able to impose sufficient stability

I mean, what I can’t get over is that Iraqi oil production

 

is still below what it was under Saddam and Oil for Food

 

 

how is it we are not able to get that production back up?

 

even though I opposed to invasion

and occupation etc.

I still would like to see us get that production back up by any means

and give a good cut to the Iraqis

but, we wouldn’t do that, of course

yeah, that’s really the thing

about the place

if the “surge” were really a success

wouldn’t oil production have recovered to 2002 levels?

I just would like to understand the mind

of Cheney

like, what would he have to say about that?

if he is really the evil genius some people think

I would think we would have just carpet bombed Sadr City, Najaf, and every

other resisting area

and grabbed the oil

by now

I think he is just truly dim

or maybe was smart but lost part of his brain

 

and then I’m reading about

how the US elite has stymied exploration of Iranian

gas and oil

by putting harsh sanctions

on any business that partners with the regime there

as a net thing

I think the peak has been brought forward overall

by US foreign policy

could be a conspiracy

but more likely

they just truly did not believe Peak Oil

would ever be a big deal

because the economics/business mentality

blinded them to anything resource-like

resource-depletion related

they=US foreign policy elite

if there is such a thing

look, even Pat Lang

still doesn’t get it

and he’s clearly one of the smarter, better intentioned ones

and this is not tough stuff really

any farmer or mechanic should be able to understand the concept

I guess the wrong kind of advanced education can really be harmful

to the intelligence

 

 …….

I should just repost these IM observations to my blog

w/o any editing

I’m too distracted these days to post to it regularly

 ……

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