To: "permaculture" <permaculture@lists.ibiblio.org>
Subject: Re: [permaculture] Ethanol fuel, gas prices, food prices, deforestation
Date: Sun, 17 Jun 2007 15:11:12 -0500
A lot of folks are trying to make much hay out of
the supposed refinery shortage. But the real
problem is peak oil. Why should an international
oil corporation invest big bucks to expand its
refining capacity when soon there won't be enough
crude oil? The refinery shortage is going to
resolve itself in the near term by being exposed
as a "crude oil shortage". World oil production
peaked in May 2005, and it has been all downhill
since then. not a very steep decline, but a
decline nevertheless. It remains to be seen if
May 2005 was "it", or a bump on a plateau, but in
this case it is best to not bet against Mother
Nature nor the Laws of Thermodynamics.
Bob Waldrop, OKC
----- Original Message -----
From: "Lawrence F. London, Jr." <lfl@intrex.net>
To: "permaculture"
<permaculture@lists.ibiblio.org>
Sent: Sunday, June 17, 2007 1:06 PM
Subject: [permaculture] Ethanol fuel, gas prices,
food prices, deforestation
Interesting piece of news. Now gas prices will
stay high, food prices will go up, deforestation
will increase
and gmo pollen & pest control chemical pollution
from the growing of gmo crops will increase. How
exactly is ethanol
fuel used? Many vehicles with rubber o-rings,
seals and gaskets would probably be at risk from
high alcohol-content road
fuel. How do they deal with that? - LL
|
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Gasoline refinery expansions scaled back
Consumer advocates maintain the oil industry likes
it that way.
"By creating a situation of extremely tight
supply, the oil companies gain control over price
at the wholesale level,"
says Mark Cooper of the Consumer Federation of
America. He argues the refining industry "has no
interest in creating
spare (refining) capacity."