Going Viral: Moors' Law for Oil says $7 a gallon gasoline in '17 (tags)
Moore's Law for transistor count is ending, but now there's Moors' Law for oil and it says gasoline -- US national average -- will be $7 in 2017 as oil reaches $120 a barrel. The law is named for Kent Moors, a professor Duquesne U. Specifically, the price of oil and the number of cars in China, which drives it, double every 5 years. These murderous prices change everything in society.
A Short History of US Government Handouts (tags)
The American way - socialized costs and privatizing profits
James Howard Kunstler: “America, Think Downscale!” (tags)
America is headed for “a long emergence,” according to author, James H. Kunstler. He’s convinced that the days of the economy running on a cheap supply of fast-fading oil will soon be history. He spoke at Loyola College in Baltimore, MD, on Feb. 20, 2007. Kunstler said it’s time for the country to think: “Downscale!” He sees hard times ahead. Kunstler also doesn’t think much of how the U.S. looks either. He said much of it is a “piece of crap.”