Download A Presidential Energy Policy by Michael C. Ruppert PDF

By Michael C. Ruppert

Michael Ruppert addresses a few uncomplicated yet greatly overlooked suggestions in relation to the serious position of oil and fuel within the glossy international. First, they're finite assets, shaped within the geological earlier, as a result topic to depletion. moment, they must be chanced on ahead of they are often produced. He then is going directly to deal with the broader implications spotting that there's a finite Oil Age. Many claims were made that new know-how will counter the typical decline, yet there's an underestimation: the higher the expertise, the quicker the depletion. The publication then turns to comparable matters, together with international coverage and the invasion of Iraq, the hopes for renewable strength substitutes, the effect on farming and inhabitants, and the character of cash. The impression at the economic system is a valuable topic of the e-book. It provides emphasis to the U.S. state of affairs but additionally covers the broader international, finishing with twenty-five good techniques in which the USA govt may well react to the unfolding state of affairs.

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Russia, the world’s second-largest producer is in decline. Iran is in decline. Kuwait and Nigeria are in decline. Venezuela is in decline for conventional oil production, its heavy-oil deposits in the Orinoco Basin await new technologies and the construction of very expensive refineries. 6 Alaskan production is down to 37% of what it was at its peak in Alaskan Oil Production since the Pipeline began production. 1988. This arithmetic of depletion is not as vague as it is for honestly estimating recoverable reserves still in the ground.

An American president cannot make policy based on “evidence” like this that serves only to boost share prices, encourage consumption, and keep citizens in the dark. Apparently China has more respect for its people’s intelligence than the United States does. Don’t trust the United States Government either. In 2002 my newsletter, From The Wilderness, published an investigation by geologist Dale Allen Pfeiffer showing that the Energy Information Administration cooked its own books (lied) to assuage any public or market concerns about oil supply.

Goodstein reaffirmed this position in an October 18, 2004 interview with the Los Angeles Business Journal interview entitled “Oil Barren” – “The worst case is that Hubbert's Peak occurs and we have a crisis that involves runaway inflation. Not only will gasoline cost more but so will all the commodities made out of petrochemicals. Inflation could even bring worldwide depression. ” A PRESIDENTIAL ENERGY POLICY - 17 CHAPTER TWO THINKING LIKE A PRESIDENT IN THE FACE OF A GLOBAL PROBLEM Energy, not money, is the root of all economic activity.

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