[permaculture] Exxon makes record pfofits and loves "scarcity" i.e loves the Peak Oil mythology

Suraj suraj at sunson.in
Wed Apr 18 01:33:34 EDT 2012


On Tue, Feb 3, 2009 at 12:47 PM, Nicholas Roberts <
nicholas at themediasociety.org> wrote:

> NEW YORK (CNNMoney.com) -- Exxon Mobil made history on Friday by reporting
> the highest quarterly and annual profits ever for a U.S. company, boosted
> in
> large part by soaring crude prices.
>
> see below
> I am afraid the Peak Oil myth driving the Transition movement is really
> only
> good for corporate profits..
> I am assuming no-one has managed to dent Nathan Lewis work on world energy
> futures and the fungible nature of fossil fuels. i.e you can make synthetic
> fuel from coal, gas, etc
>
> artifical scarcity is a beloved marketing strategy i.e. De Beers artifical
> manufacture artificial scarcity in the diamon trade
> http://www.time.com/time/magazine/article/0,9171,1205906,00.html
>

Ah, just like the Myth that the earth is spherical and thus finite?

-- 
"The Greatest Shortcoming of the Human Race is
our Inability to Understand the Exponential Function"
Dr. Albert Bartlett


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