In Peak Crisco, in early July, I noted that oil prices had hit $60 per barrel, with some predicting $80-100 by Winter. It’s now been hovering around $70, a little ahead of schedule.
Peak Oil is now mainstream news, if only as a theory. I have a friend who has tolerated my talk of impending crisis politely for nearly a year. She asked me once to “bring it,” meaning that she was open to being entertained by my crazy End-Is-Nigh talk. And she did for months. I told her that I didn’t think our children would drive–I might as well have told her I thought there was a Florida-sized meteor made of impacted fecal matter sneaking up on us from behind the moon. But after I sent links from the local paper and the New York Times presenting the threat to her, she asked me to stop. She told me that she’d prefer to live in a fantasy world loving her car until the end. I’m not embellishing. She took the blue pill. I think we’re in for a lot of trouble, but as much of it will be psychological in determination as thermodynamic.
The Strategic Petroleum Reserve has been tapped for the second time in history to stabilize oil prices. The first time was during the first Gulf War. The reserve represents less than a month of our consumption — not that we’ll be relying upon it more than a little, or that tight rationing wouldn’t be imposed if we were. The military would naturally get theirs first to, you know, protect our non-negotiable way of life by invading another oil-bearing region, or trying to. It’s not weapons; it’s not democracy: it’s oil after all. I’m shocked, shocked I tell you.
I’ve held back on commenting about Katrina, though it has been tough to remain calm at seeing comparisons to last year’s Indian Ocean tsunamis, which killed more than 150,000 people. Some disasters are more natural than others. Katrina’s real name is making the rounds in media I follow. It asserts that we have global warming to thank for Katrina and lots of other freakish weather lately. Whether you think that’s a sound conclusion or not, you’ll appreciate the irony that among responses to the catastrophe has been for the Environmental Protection Agency to waive clean air requirements for gasoline and diesel through September 15th. More greenhouse gasses. “These waivers are necessary to see that fuel is available throughout the country,” said the EPA head. Does he really mean that fuel will become unavailable unless we look the other way on emissions? Why not rationing? I guess the Environmental Protection Agency thinks it’s better to burn dirty than to burn less. What other measures follow from this more better reasoning? Why do I suspect that the waiver will be extended past September 15th? Emergency Fantasy Implosion Deferral.
Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, in order to assure the survival and the success of liberty.