Wednesday, May 14, 2008

America is Going Broke Because of Oil

Look at the picture of the lady holding a sign "America is Going Broke because of oil"
on the passenger side of a semi truck tractor rig. The look of shock and pain on her face says it all. It is on page C1 of the New York Times May 14th 2008.

Following this is an article "Squeezed at both Ends" talking about independent oil refiners in the US and the incredible problems they are having because of reducing demand for their products and increasing costs. It seems that they too can't make any money because they have to pay so much for their raw product and then demand is decreasing so fast in the US is that they are in trouble..

So---I think it is safe to say that America is in an extreme transition to something new. There is no more cheap or and there is less oil to go around all over the world. This means the price of oil can only go up and the amount of oil can only reduce until there is no more oil for fuel or plastic.

If you have any ideas now is the time to develop them and use them to keep your family and friends alive and healthy through this difficult transition of the next 50 to 75 years.

HOW THIS IS HANDLED BOTH SHORT AND LONG TERM MAY DECIDE LONG TERM WHETHER THE HUMAN RACE SURVIVES OR NOT 100 TO 1000 YEARS FROM NOW.

Some kind of gigantic leap of faith by mankind in this transition is necessary for most of us to survive this. Otherwise none will survive.

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