Congressman Roscoe Bartlett on Peak Oil [Part 7]
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(April 4th, 2008) Congressman Roscoe Bartlett [R-MD] takes the floor of the U.S. House of Representatives to speak about Energy.Congressman Roscoe Bartlett on Peak Oil [Part 1]http://www.youtube.com/watch?v=7lwkyqFB-34Congressman Roscoe Bartlett on Peak Oil [Part 2]http://www.youtube.com/watch?v=506-2_zxYnsCongressman Roscoe Bartlett on Peak Oil [Part 3]http://www.youtube.com/watch?v=YyliwrgbLvoCongressman Roscoe Bartlett on Peak Oil [Part 4]http://www.youtube.com/watch?v=DwEZqOek0KQCongressman Roscoe Bartlett on Peak Oil [Part 5]http://www.youtube.com/watch?v=QNYNuGlDXLoCongressman Roscoe Bartlett on Peak Oil [Part 6]http://www.youtube.com/watch?v=llQIfZXt_88Congressman Roscoe Bartlett on Peak Oil [Part 7]http://www.youtube.com/watch?v=WvAdLvaCx70TRANSCRIPThttp://www.c-spanarchives.org/congress/?q=node/77531&id=8519674Not exactly Jeffersonian, is he? Keep in mind Ron Paul’s tip: price of gold and price of oil, parallel lines, fiat-money and price of oil, a roller coaster (fasten your paper-belts).HIGHLIGHTS- Ratio of energy available and growth in population… an imbalance between supply and demand [and a debased currency].- Peak of oil production and compound interest. The U.S. has 2% of the known reserves of oil in the world and uses a fourth [25%] of the world’s oil. China is buying up oil reserves wherever they can find them. – The Hirsch Report by SAIC: The world has never faced a problem like this [Psycho screeching violins].- Alternatives. Nuclear. Solar and wind energy. Wood. Conventional hydro. Alcohol fuel. The hydrogen economy and the corn ethanol bubble. Geothermal. The tar sands in Canada. The tides. Oil shales. Coal. Breeder reactors. Nuclear fusion. Biomass.- The Drive Act [will make things worse]. Can’t get no satisfaction.SIDE NOTE: $42 a gallon”Last year alone, the American forces in Iraq burned through more than 1.1 billion gallons of fuel… A study produced by the U.S. Military Academy estimated that delivering one gallon of fuel to U.S. soldiers in Iraq cost American taxpayers $42 — and that doesn’t include the costs of the fuel itself… the U.S. is spending $923 million per week on fuel-related logistics in Iraq.”http://www.wealthdaily.com/articles/oil-iraq-war/1208 Author: jaralero |
