Thursday, May 22, 2008

$135 A Barrel oil, a chicken Tractor and my garden

This photo is of a chicken Tractor I made for my pal Skuby, a movable day time pen
for her chickens, so they can range around without being eaten by hawks or racoons or foxes or dogs. Great idea, stupid name.
I expect eggs for doing this job!

So, how about those record oil prices?
Better tune up that bike, plant that garden, think about getting some chickens and start looking at brown rice and beans as a lifestyle, folks.
Because today, Oil's at 135.00 a barrel. We could be looking at eight bucks a gallon in a year or two. Sooner if somebody cooks off few bombs in the right places, or BushCo decides to bomb Iran, something they're talking about, dreaming about and planning for.

And then there's this little bit from the Wall Street Journal, not a paper known for being run by dirty fucking hippie tree hugging fuzzy thinking SUV haters:

The world's premier energy monitor is preparing a sharp downward revision of its oil-supply forecast, a shift that reflects deepening pessimism over whether oil companies can keep abreast of booming demand.
The Paris-based International Energy Agency is in the middle of its first attempt to comprehensively assess the condition of the world's top 400 oil fields. Its findings won't be released until November, but the bottom line is already clear: Future crude supplies could be far tighter than previously thought.
A pessimistic supply outlook from the IEA could further rattle an oil market that already has seen crude prices rocket over $130 a barrel, double what they were a year ago. U.S. benchmark crude broke a record for the fourth day in a row, rising 3.3% Wednesday to close at $133.17 a barrel on the New York Mercantile Exchange.
For several years, the IEA has predicted that supplies of crude and other liquid fuels will arc gently upward to keep pace with rising demand, topping 116 million barrels a day by 2030, up from around 87 million barrels a day currently. Now, the agency is worried that aging oil fields and diminished investment mean that companies could struggle to surpass 100 million barrels a day over the next two decades.

1 comment:

M Big Mistake said...

Brown rice and beans? Who the hell can afford rice these days?

"Sometimes a scream is better than a thesis." Ralph Waldo Emerson