Fundamentalist Christianity

The Way Extremism for Jesus Should Be

2006/7/15

Coping with high oil prices

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@ 08:49 AM (26 months, 5 days ago)

An excellent article talking about the economics of Peak Oil via EnergyBulletin. Among some questions that were approached were: with energy prices so high, why isn't the "world" suffering from a massive economic downturn? Have firms been taking a hit at all?


Unfortunately, due to its West-centrism, it fails to acknowledge that the high prices have effectively destroyed semi-developed countries such as Zimbabwe, and is working against some countries exporting oil such as Indonesia and Qatar due to outdated domestic policies regarding subsidies.
Coping with high oil prices

by Nikos Tsafos


The most surprising feature of the current oil crisis is that it does not really feel like a crisis. Oil and gas prices may be high and many people are struggling to cope with rising energy bills, but at a macro level, the world’s largest economies have grown consistently in the past two years. Hardly is our fear realized—that high energy costs will force an economic downturn, much less a recession. What explains this disconnect between expectation and reality?

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2006/7/4

We Must Preserve The Earth's Dwindling Resources For My Five Children

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@ 11:06 AM (26 months, 16 days ago)

I know I haven't posted in a very, very long time. My apologies. In truth, I've been circling around it like a vulture, trying to figure out what to do with it. However, that doesn't change the fact that we are quickly changing this place to a hell-on-earth, Malthus-style.

Note: For the uninformed, the Onion is a satirical newspaper.

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