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Oil, Smoke and Mirrors
Tuesday, 01 July 2008 13:46

Oil, smoke and mirrors, oil production capacity

Very well made documentary including Michael Meacher (Former UK Environment Minister), Colin Campbell, Richard Heinberg and others. It touches upon the energy crisis in the 70's and how we totally ignored the problems during the 80's, 90's and this century as well.

The documentary also paints a dim picture for our economy. The economy is currently based upon "steady growth" which we will no longer be able to sustain. That will be a serious problem for each and everyone of us.

Of course one would have expect the politicians across the world to have begun to get together to talk about the implications and what each of them needs to do in order to deal with this threat. I suspect the reason that doesn't happen is because the United States, far and away the most powerful country of the world, has decided that it doesn't want to convene an international conference to discuss how it's going to be shared out.

What they have decided to do, pretty clearly from invading Iraq and trying to control oil from the Caspian basin, which is the second largest repository of oil that is left in the world, is to try to monopolize for themselves, the supply of this oil, because oil is power.

- Michael Meacher
Peak Oil is the event of our lifetime.
- Richard Heinberg

Read more at http://oilsmokeandmirrors.com.