Resource Insights's Latest Posts
In 2006 when James Howard Kunstler published his breakthrough book The Long Emergency, the next two years seemed to vindicate his warning that the oil age was coming to an end with perilous consequences. Oil soared to $147 a barrel in mid-2008. A few analysts suggested that it was headed for $200; but that was not to be. By autumn the stock market had collapsed and with it the world economy. Oil, too, then collapsed, trading in the mid-$30 range by December as demand for oil fell off a cliff […]
I'm taking a short break. I expect to post again on Sunday, July 27.
When what you are saying is so obviously at odds with the plain truth, it is useful to choose your words carefully to obscure this fact. This was the strategy of the Ministry of Truth, the propaganda arm of the authoritarian government depicted in George Orwell's novel 1984. The altered language was called Newspeak, a variant of standard English.The oil industry's fake abundance story is so full of verbal legerdemain that it has become a sort of lexicon of Newspeak for oil. The public relations […]
The Independence Day holiday in the United States has people here thinking about fireworks, parades and eating lots of barbequed meat. There will be many speeches on the gift of freedom which America helped to spread across the world. But there will be almost no introspection about what that word means.Freedom is one of those abstract words that politicians love to use in speeches because doing so allows everyone listening to project their own meaning onto the word (and to identify the […]
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