All right, joseff, let's cross our pens again...
En garde!
Well, I don't say we are at
oil's end, even if I gave that title to my first post on the subject: we
could be at
oil's peak.
The first phrase (end) means that we have no more oil (I don't agree with that proposition).
The second (peak production) means that
prices of oil will increase exponentially during our lifetime, because of the form of the "supply/demand" curve (ask any economist). I think that the second position
could be true.
Even if there is a lot of oil to discover (contradicting the experiences of the individual countries), most of it is (probably!) under sea. North Sea "new" oil costs U$50 per barrel to extract, roughly speaking. Mexican Gulf oil (deeper waters) costs U$100 per barrel. No "recycling" involved.
I fought hardly during the study our national agency did back in the 90's for the second position to be hold "officially": we've reached our peak. A lot of people said then that simply we were not exploring enough: almost 15 years later, the predictions came true AND in the expected time frame.
C'mon, if it walks like a duck, it quacks like a duck and it seems a duck... probably it's a duck. I repeat my mantra: "don't give me opinions, give me numbers".
Nowadays, everybody conccurs: fortunately we built the natural gas infrastructure (we have natural gas for 20 years) BEFORE oil doubled its price, while we were exporting it, so we could afford it.
Colombia cannot afford to import oil without breaking our national payment balance.
Fortunately, I repeat, the guys down here were easier to convince than some of you...
or maybe we were lucky, I don't know.
Yes, we have a huge submarine platform practically inexplored: I believe it will remain so for eternity (hopefully). We can be smarter than the guys at the "Exxon Valdez" in the movie "SeaWorld" (remember the blind guy taking care of the last drops in that ship?), don't you think?
I'm fighting again to
be prepared for global warming, even if Colombia is one of the countries of the world with more water per capita (or simply put, with more water). Check your country's supply, it's all I say. Mark my words, I might not live to see it, but I have the sensation that
at the middle of this centuries wars will be for the Rio Grande water, if my crystal ball is clear and my tin-foil hat is protecting my brain as usual...
Anyway, on thread,
if those that apparently defended the White House opinion have changed their minds, in view of Mr. Bodman new radical position, the future is not bleak: oil at U$100 per barrel means that almost ALL alternatives become feasible. C'mon, this means more work for us, more possibilities!
This does not mean that car has to be ugly, cramped or underpowered, quite the contrary! Look at what Toyota has presented recently:
I quote
the article: "Imagine having a car that is much faster than a Porsche, Mercedes AMG and any M series car from BMW and still cost 1/4 the price!"
Please, take that with a grain of salt! The site is called "Trendpimp"...
I also want to quote the first two of the
"Ten ways to prepare for a post-oil society", in the improbable case I haven't exahusted your patience or the site's hard disks (underscores and smilies are mine)...
"1. Expand your view beyond the question of how we will run all the cars by means other than gasoline. This obsession with keeping the cars running at all costs could really prove fatal. It is especially unhelpful that so many self-proclaimed "greens" and political "progressives" are hung up on this monomaniacal theme. Get this: the cars are not part of the solution (
whether they run on fossil fuels, vodka, used frymax™ oil, or cow ---).
They are at the heart of the problem. And trying to salvage the entire Happy Motoring system by shifting it from gasoline to other fuels will only make things much worse. The bottom line of this is: start thinking beyond the car.
We have to make other arrangements for virtually all the common activities of daily life.
2. We have to produce food differently. The Monsanto/Cargill model of industrial agribusiness is heading toward its Waterloo.
As oil and gas deplete, we will be left with sterile soils and farming organized at an unworkable scale. Many lives will depend on our ability to fix this. Farming will soon return much closer to the center of American economic life. It will necessarily have to be done more locally, at a smaller-and-finer scale,
and will require more human labor (my comment: try not to expell all latinos before this happens!). The value-added activities associated with farming -- e.g. making products like cheese, wine, oils -- will also have to be done much more locally. This situation presents excellent business and vocational opportunities for America's young people (if they can unplug their Ipods long enough to pay attention.) It also presents huge problems in land-use reform. Not to mention the fact that the knowledge and skill for doing these things has to be painstakingly retrieved from the dumpster of history. Get busy."