Happy smoke-day, people.
Showing posts with label peak consumption. Show all posts
Showing posts with label peak consumption. Show all posts
Friday, April 20, 2012
Tuesday, February 28, 2012
The Death of the Peak Oil Idiocy
Oil production is skyrocketing, and the only reason it is not going up even more is that we have stopped drilling.
I'm fine with that, there's no hurry. But the point is there is PLENTY of oil. Peak oil is peak idiocy.
I'm fine with that, there's no hurry. But the point is there is PLENTY of oil. Peak oil is peak idiocy.
Sunday, June 26, 2011
NYT and Bubbles
I was pleased to see that the NYT actually had reverted, if briefly, to being a newspaper instead of a hack mouthpiece for the Obama regime.
They had this very plausible story about the "green energy bubble." And it's true: many of the companies that were recently photo ops for some grinning Obama regime rep (including Mr. Obama himself) have gone belly up. They only were created to suck down subsidies from idiots. A classic bubble. The Green she go boom. Pop go a bunch of weasels.
But then I looked more closely. Far from focusing on the actual bubble, the one in green energy, the one that has already burst, the Green Lady of News is actually forecasting a bubble in...natural gas. The discovery of enormous new reserves of cheap, clean-burning fuel is very annoying to the Green Energy Gods, the apparatchiks of the regime who want to use public money to pay off their pals. And for the "peak idiocy" bunch....fugeddaboudit. Natural gas is a disaster for the authoritarians who want us all to return to sad stone age lives perched in caves and contemplating the sins of "late" capitalism.
Amazing. Just when you think the NYTimes can't sink any lower, they submerge into the muck.
(Nod to the Blonde)
They had this very plausible story about the "green energy bubble." And it's true: many of the companies that were recently photo ops for some grinning Obama regime rep (including Mr. Obama himself) have gone belly up. They only were created to suck down subsidies from idiots. A classic bubble. The Green she go boom. Pop go a bunch of weasels.
But then I looked more closely. Far from focusing on the actual bubble, the one in green energy, the one that has already burst, the Green Lady of News is actually forecasting a bubble in...natural gas. The discovery of enormous new reserves of cheap, clean-burning fuel is very annoying to the Green Energy Gods, the apparatchiks of the regime who want to use public money to pay off their pals. And for the "peak idiocy" bunch....fugeddaboudit. Natural gas is a disaster for the authoritarians who want us all to return to sad stone age lives perched in caves and contemplating the sins of "late" capitalism.
Amazing. Just when you think the NYTimes can't sink any lower, they submerge into the muck.
(Nod to the Blonde)
Monday, February 22, 2010
Exteme Home Makeover, Okie style
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Flaming Lips frontman Wayne Coyne has been remodeling his house in a marginal OKC neighborhood. All I can say is Wow! You can see more here.
Monday, December 08, 2008
Credit Where Credit is Due
Two predictions on crude oil prices:
1. Me, September 2007, driving car pool to school for my son--"There is no fundamental reason why crude oil prices should be above $45/barrel. It makes no sense, given production costs and the difficulties of enforcing cartel discipline. Prices will come back down, mark my words."
2. Shawn Tully, of Fortune Magazine: "Why the Boom Will Eventually Bust."
The current price of crude oil: $43.40/barrel
The current credibility of those "peak oil" morons: Zero, same as always.
1. Me, September 2007, driving car pool to school for my son--"There is no fundamental reason why crude oil prices should be above $45/barrel. It makes no sense, given production costs and the difficulties of enforcing cartel discipline. Prices will come back down, mark my words."
2. Shawn Tully, of Fortune Magazine: "Why the Boom Will Eventually Bust."
The current price of crude oil: $43.40/barrel
The current credibility of those "peak oil" morons: Zero, same as always.
Thursday, November 13, 2008
The definitive countercyclical asset
People, it's beer!! Here's Anheuser-Busch compared to the Dow:
Thanks to Tyler for the meme and Mark Perry for the asset.
Friday, November 23, 2007
KPC Holiday Gift Guide
Ok, it's the busiest shopping day of the year, but what the heck should you buy?? Fret no more, here's the scoop.
Consumer electronics:
Nintendo Wii. You ain't seen nothin' til you seen Mrs. Angus playin' Dance Dance Revolution on the Wii. Highly recommended.
Nikon D-40 digital SLR (or the D-80 if your budget so allows). We used the D-80 with the 18-200 zoom lens on our trip to Tanzania and Rwanda and got stunning photos. These are great cameras.
Books:
(a) literature. Tree of Smoke. Denis Johnson has pulled off the rare trick of trying to write an important book and succeeding (Haruki Murikami succeeded with the Windup Bird Chronicles, Don DeLillo failed with Underworld).
(b) fun fiction: Jasper Fforde: The big over easy or The fourth Bear. Is the gingerbread man a cake or a cookie? Are you a person of dubious reality? Can you speak binary? These are really fun, engaging, clever, and funny books.
(c) non-fiction. Stuart: a life backwards, by Alexander Masters. A writer's account of his experiences with a rough sleeper. Humorous and harrowing by turns.
Music:
(a) classical. Simone Dinnerstein's Goldberg Variations. New and very nice, though ultimately I prefer this.
(b) pop: Boxer, by The National; Random Spirit Lover by Sunset Rubdown. You really can't go wrong here.
Post modern Ephemera:
My Guys by Meredith Ditmar very funky and fun.
Uglydolls by David Horvath. Ox and Icebat rule our master bathroom!
Good deeds:
Global Giving. Tons of vetted projects, you know where your money is going. You can follow up on project progress. I think this is the future.
Ok people that's it. Now get out there and disappoint Nouriel Roubini!!
(disclaimer: KPC has absolutely no financial interest in any of the products / companies mentioned in this post. We are a truly zero revenue operation (just like General Motors)).
Consumer electronics:
Nintendo Wii. You ain't seen nothin' til you seen Mrs. Angus playin' Dance Dance Revolution on the Wii. Highly recommended.
Nikon D-40 digital SLR (or the D-80 if your budget so allows). We used the D-80 with the 18-200 zoom lens on our trip to Tanzania and Rwanda and got stunning photos. These are great cameras.
Books:
(a) literature. Tree of Smoke. Denis Johnson has pulled off the rare trick of trying to write an important book and succeeding (Haruki Murikami succeeded with the Windup Bird Chronicles, Don DeLillo failed with Underworld).
(b) fun fiction: Jasper Fforde: The big over easy or The fourth Bear. Is the gingerbread man a cake or a cookie? Are you a person of dubious reality? Can you speak binary? These are really fun, engaging, clever, and funny books.
(c) non-fiction. Stuart: a life backwards, by Alexander Masters. A writer's account of his experiences with a rough sleeper. Humorous and harrowing by turns.
Music:
(a) classical. Simone Dinnerstein's Goldberg Variations. New and very nice, though ultimately I prefer this.
(b) pop: Boxer, by The National; Random Spirit Lover by Sunset Rubdown. You really can't go wrong here.
Post modern Ephemera:
My Guys by Meredith Ditmar very funky and fun.
Uglydolls by David Horvath. Ox and Icebat rule our master bathroom!
Good deeds:
Global Giving. Tons of vetted projects, you know where your money is going. You can follow up on project progress. I think this is the future.
Ok people that's it. Now get out there and disappoint Nouriel Roubini!!
(disclaimer: KPC has absolutely no financial interest in any of the products / companies mentioned in this post. We are a truly zero revenue operation (just like General Motors)).
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