more scary stuff

[solops]

We are running out of hydrocarbons, but the process will be a long one. During that process there will undoubtably be shifts in global power as money flows change directions. As far as I can tell, the public hasn't a clue as to the situation, mainly because the press and politicians are so ignorant of the situation. They quite humanly see only the parts of it that directly effect them.

I Subscribed to the Wall Street Journal for many years. I particularly enjoyed the middle column of the front page which often had "in-depth" reviews of situations in industries such as publishing, leather, fresh-produce, fishing, etc. I felt like I was getting a good, "inside" picture of how the world really worked. Then they did an article on the oil & gas business. I was badly shaken by the sheer ignorance dispayed in the article. Then I realised that if the paper was that far off on MY industry, it was quite likely to be equally as wrong about the others and my "education" was so much bushwah. I let my subscription expire as I contemplated world decision-makers making laws and policy on the basis of equally flawed material prepared by well credentialled experts who hadn't a clue as to the reality of the matter...insofar as anyone can wrap their minds around such complex matters. I certainly have not seen any sensible laws or discussion in any country. The best discussions, which often have special agendas, are found in the industry's trade journals. These sources are carefully ignored by the rest of the media. The energy "news" of today was discussed a year or more ago in print in publications such as The Oil & Gas Journal or Offshore Engineer.

Sigh....