Title: OPEC Has Already Turned to the Euro
This looks potentially enormously
important.
Once data like this is in front of the eyes of
international oil traders and governments, they cannot ignore it, however casual
and tactful they may appear in their comments and over their business
BTW I had a long email exchange with Nestor on Russia a few months back. He is a very,
very smart guy.
-Original Message-
From: michael [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Date: Tue, 1 Jun 2004 20:28:03 -0700
Subject: [PEN-L] Nstor Miguel Gorojovsky on Oligarchs
Nester sent me
Why is it that every time your ignorance on a particular point is exposed, you try to
change the subject?
I have better things to do with my time. Poka.
Just a couple of quick comments on Nestor's letter, which I think in general is
spot-on. (Incidentally, I am reading Medvedev's book on Putin, and I can think of no
better introduction to the history of Russia over the past few years -- though I doubt
it has been translated into English.)
I find it difficult to believe that there is a systematic component behind the exchange rate to oil price adjustment. the dollar was hanging by a thread for a very long time..Chris Burford [EMAIL PROTECTED] wrote:
Do you Yahoo!?Friends. Fun. Try the all-new Yahoo! Messenger
NY Press, June 2, 2004
THE COMING ENERGY CRUNCH
A $2 gallon of gas is just the beginning.
By Aaron Naparstek
(clip)
IN 1956, a Shell Oil geologist named M. King Hubbert stood up before a
meeting of the American Petroleum Institute and, much to the chagrin of
his bosses, predicted that oil
It may be helpful to non-statisticians to point out that the bell curve is
not a theory, a fact or a physical law. It is an observed regularity that
occurs often when looking at large numbers of cases. It has to do with the
randomness of the distribution of the cases. Not all phenomena group
It looks like a new charity that supports the occupation is up and
running. I found out about this on Cooper's blog, which urged everyone
on the left to step up and put our money where our mouths were or 'shut
up'. Well, I found this 'private sector' 'charity' closely working
with the Marines in
On Jun 2, 2004, at 12:00 PM, Tom Walker wrote:
It may be helpful to non-statisticians to point out that the bell
curve is
not a theory, a fact or a physical law. It is an observed regularity
that
occurs often when looking at large numbers of cases. It has to do with
the
randomness of the
Stephen E Philion wrote:
It looks like a new charity that supports the occupation is up and
running. I found out about this on Cooper's blog, which urged everyone
on the left to step up and put our money where our mouths were or 'shut
up'. Well, I found this 'private sector' 'charity' closely
I think Tom Walker's comments on Hubbard were excellent.
I recently heard an interview with David Goodstein, vice provost of
Caltech regarding his book, Out of Gas: The End of the Age of Oil. He
claims that the Hubbard curve has been proven reasonably accurate for
any number of minerals, in
Isn't it foolish to give to charity to rebuild Iraqi schools? Bechtel
has a contract to build the school. Why not give the money directly to
Bechtel since they are doing such a good job already?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel.
The Department of Homeland Security awarded Accenture a contract --
estimated to total $15 billion -- for US-Visit, a program for
virtual borders tracking entries and exits of all visitors to the
United States. . . .
Apparently, the fact that Accenture -- formerly Andersen Consulting
of the Enron
http://www.onion.com/news/index.php?issue=4022n=1bypass=1
WASHINGTON, DCAccording to Gallup Poll results released Monday, 6
percent of Americans are still undecided about whether to vote against
President Bush or Democratic challenger John Kerry in November's
presidential election.
At first, I
Tom Walker wrote:
It may be helpful to non-statisticians to point out that the bell curve
is
not a theory, a fact or a physical law. It is an observed regularity
that
occurs often when looking at large numbers of cases
I don't think that the validity of the bell curve is that important to
the
Devine, James wrote:
I don't think that the validity of the bell curve is that important to
the discussion of Hubbert's peak. His basic point -- or rather, that of
his followers -- is the same as that of David Ricardo Thomas Malthus:
long-term diminishing returns in the supplies of natural
Steve's idea for a new victims compensation fund/charity, this one
would be for families that lost property to US soldiers during raids?
I have no idea what sexy name to call it though.
http://makeashorterlink.com/?C2BB12578
Hasn't been a decade since a major oil discovery has occured? Authorities have been
increasing their estimates of proven reserves, at least, until Shell had to reduce
theirs.
On Wed, Jun 02, 2004 at 11:34:15AM -0700, Devine, James wrote:
Tom Walker wrote:
It may be helpful to non-statisticians
discoveries of new oil aren't the main issue (at least not for me). The fact is that
we can economize on the use of oil. Higher oil prices encourage such actions,
including technical change.
BTW, not all technical change involves greater pollution. For example, my Prius
doesn't just get a lot
Jim is obviously correct. When the energy crisis hit in 73, Dow Chemical realized
that it had not been shutting down its electric sidewalk in the Summertime. Frozen
food containers were open. Books have been written about corps. saving money by
saving energy.
The first savings -- low hanging
Michael Perelman wrote:
Hasn't been a decade since a major oil discovery has occured?
So do you think we'll run out of oil - in the economic, not
physical sense - before we choke on the smoke and CO2?
Doug
POLL: Many Americans Still Unsure Whom To Vote Against.
WASHINGTON, DC-According to Gallup Poll results released Monday, 6
percent of Americans are still undecided about whether to vote against
President Bush or Democratic challenger John Kerry in November's
presidential election.
At first, I
I don't know. Water might be a bigger bottleneck.
On Wed, Jun 02, 2004 at 04:41:44PM -0400, Doug Henwood wrote:
Michael Perelman wrote:
Hasn't been a decade since a major oil discovery has occured?
So do you think we'll run out of oil - in the economic, not
physical sense - before we choke
it's interesting that (according to MS SLATE on-line magazine) a whole bunch of
conservatives, including Gary Becker, are endorsing steep taxes on gasoline in the US,
to encourage conservation and gas-saving technical change, while punishing the oil
producers. (W. Europe did this years ago.)
On Wednesday, June 2, 2004 at 14:07:19 (-0700) Devine, James writes:
it's interesting that (according to MS SLATE on-line magazine) a
whole bunch of conservatives, including Gary Becker, are endorsing
steep taxes on gasoline in the US, to encourage conservation and
gas-saving technical change,
yes, but (in theory at least) the increased gas tax could be compensated for by
lowering the payroll tax.
Of course, no progressive reform will ever happen unless the balance of power in
society swings toward working people and other dominated groups.
Jim Devine
The Quotable Bush
I'm honored to shake the hand of a brave Iraqi citizen who had his
hand cut off by Saddam Hussein.
-- President Bush, meeting Iraqi amputees at the White House on May 25.
Right now Dennis has more power than John Kerry -- he can introduce
articles of impeachment in the House.
And he should.
Step up to the plate Dennis!! We can't wait for the November fraud.
Dan Scanlan
Grass Valley
IMPEACHIMPEACHIMPEACHIMPEACH
Ashraf Al-Jailani is a Yemeni-born permanent legal resident of the
United States. Al-Jailani married Michele Swensen, an American, in
February 1996. They have three children, now ages 3 (Sami, who will
be 4 on June 17), 5 (Layla,), and 7 (Amina). On October 23, 2002,
Al-Jailani was arrested at his
Michael Perelman wrote:
Hasn't been a decade since a major oil discovery has occured?
So do you think we'll run out of oil - in the economic, not
physical sense - before we choke on the smoke and CO2?
Doug
Higher prices can cause stagflation, before the oil industry invents
new technology to make
Last night on the S. Dakota web site, Larouche was outpolling Dennis. Sad.
On Wed, Jun 02, 2004 at 03:04:05PM -0700, Dan Scanlan wrote:
Right now Dennis has more power than John Kerry -- he can introduce
articles of impeachment in the House.
And he should.
Step up to the plate Dennis!! We
It is possible to twist and turn and refer to statistical relativism and do
all sorts of things to make Hubbert appear less Hubbertist than he was and
his predictions appear more accurate than they are, but doing that obscures
the kernel of the Hubbertist message-- and that message is not one of
I am not well versed in Hubbert, but I think that David's characterization might be
inconsistent with H's association with technocracy.
On Wed, Jun 02, 2004 at 07:55:50PM -0700, sartesian wrote:
regarding Hubbert:
It is quite clearly a message of
approaching apocalypse, an absolute,
WASHINGTON (Reuters) - President Bush has sought a lawyer to represent him in the
criminal probe into who was responsible for a leak that was seen as retaliation
against a critic of the Iraq war, CBS Evening News reported on Wednesday.
--
Michael Perelman
Economics Department
California State
sartesian wrote:
It is possible to twist and turn and refer to statistical relativism and do
all sorts of things to make Hubbert appear less Hubbertist than he was and
his predictions appear more accurate than they are, but doing that obscures
the kernel of the Hubbertist message-- and that
sartesian wrote:
Which gets us to another point, and the one where industry, ideology, and
cash flow meet: The Hubbertists have created a veritable industry out of
predicting catastrophe.
Which brings me to a question about the politics of this. Mark Jones,
may he rest in peace, was a big fan of
To be fair to Hubbert and his followers, I think Hubbert's basic point was
precisely about the need for technical change and energy efficiency. We are
not starting from zero. He was quoted in a 1983 article, We have an
enormous amount of existing technical knowledge. It's just a matter of
putting
Carrol Cox wrote,
What needs to be debated is the views of those involved in the debate,
not an antiquarian issue about some particular person not involved in
the debate.
Hear! Hear! Thank you for saying it, Carrol.
Tom Walker
604 255 4812
Excuse me, you obviously haven't read closely anything written. I could
care less about Hubbert as a person. I have criticized the ideology of
Hubbertism and his followers, the real meaning of their apocalyptic pseudo
science.
- Original Message -
From: Carrol Cox [EMAIL PROTECTED]
To:
Hear hear, my ass. I provided factual counterpoints and specific questions,
try taking your head out of your ass and answering them.
- Original Message -
From: Tom Walker [EMAIL PROTECTED]
To: [EMAIL PROTECTED]
Sent: Wednesday, June 02, 2004 5:50 PM
Subject: Re: [PEN-L] Hubbert's peak
David, cool it.
On Wed, Jun 02, 2004 at 09:27:49PM -0700, sartesian wrote:
Hear hear, my ass. I provided factual counterpoints and specific questions,
try taking your head out of your ass and answering them.
- Original Message -
From: Tom Walker [EMAIL PROTECTED]
To: [EMAIL
Doug Henwood wrote:
Which brings me to a question about the politics of this. Mark Jones,
may he rest in peace, was a big fan of Petroconsultants, who are
major catastrophists, right? But aren't the catastrophists in the oil
industry eagerly lobbying for tax breaks and reduced environmental
Ted Winslow wrote:
Like the sadism to which they are closely linked, envy and
insatiable greed are protean. Marx points to them as the
psychological basis of crude communism.
General envy constituting itself as a power is the disguise in
which greed re-establishes itself and satisfies itself,
Cool as a cucumber..
The Good:
http://www.gasresources.net/Lynch(Hubbert-Deffeyes).htm
The Bad:
http://www.technocracy.org/articles/hub-gro.html
Hubbert as Malthus
The Downright Ugly:
http://dieoff.org/page224.htm
"The earth's immune system, so to speak, has
recognized the presence of
Prediction is a very difficult business, so a debate between the 1st 2nd articles
seems legitimate. The third is irrelevant adds nothing to the discussion.
Someone pointed out the problem here. Hubbert has become a symbol for the ultimate
[economic] scarcity of resources. Sidetracking onto
And what exactly do you mean by new discovery? Does the Caspian count as a
new discovery. Does Gulf of Mexico deepwater count as new discovery? Does
Sao Tome count as a new discovery?
What makes new discovery important? What is important is the overall
replacement rate and the revision to
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