[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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