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Posts Tagged ‘New York’

In Petroleum We Trust!

Posted by msrb on May 9, 2008

The New Oil-Rule Economy will replace the “old” economy in the very near future. A single company/organization will have a monopoly on about 80 percent of “economically recoverable” global oil reserves. It will dictate “production,” pricing, and delivery (and will even decide on the end user – who may or may not buy the oil). How much is too much for a barrel of oil, $40, $240, or $4,000? Soon, the current monetary system will be of no value. Harry Saloor, The Management School of Restorative Business, May 2004.

Crude oil reaches another record high at $124.61 a barrel

The price of a barrel of crude oil reached another record high in London and New York last night with US light crude at $123.69 in New York trading ( in after-hours trade it hit $124.61 a barrel). In London, Brent crude settled at $122.84 a barrel, an all time record.


In Petroleum We Trust (Gas coupon printed in 1973 oil crisis)

It is believed that tight supply concerns, higher world energy demand forecasts and the weak dollar are the main factors that are pushing up oil prices. According to a recent report by Goldman Sachs, the price of crude oil could reach $200 a barrel in as little as six months due to tightening supplies.

Meanwhile, Exxon Mobil shares rose by 1.3% and Chevron’s climbed 2.2% on the New York Stock Exchange.

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Posted in Bush, collapse, ecosystems, Energy, environment, Global Warming, government, money, politics, war | Tagged: , , , , , , , , , , , , , , , , | 1 Comment »

Let Them Eat Bullets!

Posted by msrb on April 23, 2008

Delivering Climate Security: International Security Responses to a Climate-Changed World

According to the above-titled report written for Britain’s Royal United Services Institute (RUSI), governments around the world have hugely underestimated the potential conflicts resulting from climate change. The highlights of the report are:

  • If climate change is not slowed and critical environmental thresholds are exceeded, then it will become a primary driver of conflicts between and within states

  • In the next decades, climate change will drive as significant a change in the strategic security environment as the end of the Cold War,” said Mabey.
  • If uncontrolled, climate change will have security implications of similar magnitude to the World Wars, but which will last for centuries
  • A failure to acknowledge and prepare for the worst case scenario is as dangerous in the case of climate change as it is for managing the risks of terrorism or nuclear weapons proliferation
  • Unless achieving climate security is seen as a vital and existential national interest it will be too easy to delay action on the basis of avoiding immediate costs and perceived threats to economic competitiveness

Source

Can the world elite brand the poor and starving masses as “terrorists” in order to eliminate them?

Major retailers in New York, in areas of New England, and on the West Coast are limiting purchases of flour, rice, and cooking oil as demand outstrips supply. There are also anecdotal reports that some consumers are hoarding grain stocks.” According to a report by New York Sun.

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