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Reply #36: Energy is the key variable. [View All]

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conning Donating Member (60 posts) Send PM | Profile | Ignore Mon Feb-18-08 12:44 PM
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36. Energy is the key variable.
And most particularly the fantastic energy of petroleum. At one point in our history we had lots of it and we developed ways to take advantage of it. However, our petroleum capacity peaked in 1970 at a little over 10 million barrels a day. Now, even with Alaska and the Gulf of Mexico, we are down to about 5 millions barrels a day. We are currently using 21 millions barrels a day.

So much of our decline can be understood in relation to the decline of our once abundant petroleum resources.
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  -How Does A Country As Rich As Ours Go Broke? ThomWV  Feb-18-08 07:18 AM   #0 
  - By electing Republicans.  MethuenProgressive   Feb-18-08 07:20 AM   #1 
  - ditto that ^  ElsewheresDaughter   Feb-18-08 07:50 AM   #9 
  - It`s a no brainer spend more than you take-in,you go broke  focusfan   Feb-18-08 09:26 AM   #21 
  - hey i agree with you 100%  focusfan   Feb-18-08 07:05 PM   #39 
  - Here's how:  JohnyCanuck   Feb-18-08 07:21 AM   #2 
  - Excellent! Thanks - CLICK THIS POST = WATCH THIS MOVIE  Phred42   Feb-18-08 08:13 AM   #13 
     - A word from the producer of "Money As Debt"  JohnyCanuck   Feb-18-08 10:05 AM   #24 
        - Thanks Again! This is going out to everyone I know.  Phred42   Feb-18-08 04:55 PM   #37 
           - If "Money as Debt" tweaked your interest,  JohnyCanuck   Feb-18-08 11:05 PM   #51 
              - Thank you for this information  erinlough   Feb-19-08 05:17 PM   #63 
  - corrupt politicians  ixion   Feb-18-08 07:22 AM   #3 
  - Empire is expensive.  unhappycamper   Feb-18-08 07:25 AM   #4 
  - When it has no money. We are borrowing now to maintain the current standard of living.  Selatius   Feb-18-08 07:26 AM   #5 
  - Greed  JanMichael   Feb-18-08 07:26 AM   #6 
  - On the Other Hand--Knowing Where It Went, We Can Get It Back  Demeter   Feb-18-08 07:29 AM   #7 
  - BINGO!!!!!  Skittles   Feb-19-08 03:18 AM   #55 
  - Donald Trump went bankrupt  Rosemary2205   Feb-18-08 07:34 AM   #8 
  - More, more, more!  Angela Shelley   Feb-18-08 07:54 AM   #10 
  - In a word --- mismanagement.  lpbk2713   Feb-18-08 08:02 AM   #11 
  - The Mismanagement  Possumpoint   Feb-18-08 08:28 AM   #17 
  - I agree, except for the part about BushCo being held accountable  herbster   Feb-18-08 05:33 PM   #38 
  - military spending on building/maintaining our empire...  QuestionAll   Feb-18-08 08:09 AM   #12 
  - Lets start with $600+ BILLION spent on the Military  paparush   Feb-18-08 08:13 AM   #14 
  - Bingo, and in consonance with 'pukes unwillingness to extract taxes from those who have the largest  indepat   Feb-18-08 08:25 AM   #15 
  - That is one of the biggest problems  davekriss   Feb-18-08 09:25 AM   #20 
     - "Terrorism" is being used to redirect current and future tax flows..."  KansDem   Feb-18-08 11:36 AM   #28 
  - History repeats itself  HawkerHurricane   Feb-18-08 08:25 AM   #16 
  - tapeworms prefer well fed couch taters...  pretzel4gore   Feb-18-08 08:57 AM   #18 
  - Do the math  DFW   Feb-18-08 09:12 AM   #19 
  - greed, ignorance, putting repukes in power  leftofthedial   Feb-18-08 09:52 AM   #22 
  - By electing "leaders" instead of servants.  Tierra_y_Libertad   Feb-18-08 09:53 AM   #23 
  - Simple!  Akoto   Feb-18-08 10:09 AM   #25 
  - The pukes steal it  notadmblnd   Feb-18-08 11:22 AM   #26 
  - Three easy steps  Jack Rabbit   Feb-18-08 11:31 AM   #27 
  - by shipping its wealth overseas.  KG   Feb-18-08 11:36 AM   #29 
  - Uh, we've been robbed? Outsourcing, debt to China, war without  Faux pas   Feb-18-08 11:56 AM   #30 
  - Robbed? We voted for repugs and repug-like dems, shopped at Wal-mart, voted for "tax cuts"  El Pinko   Feb-18-08 08:35 PM   #44 
     - I never voted for a thug, a thug lite or tax cuts. I've been to  Faux pas   Feb-19-08 02:20 AM   #53 
        - Obviously we *ALL* didn't do it. Neither did I.  El Pinko   Feb-19-08 02:24 AM   #54 
  - How do you figure a country can spend twice what it produces  Romulox   Feb-18-08 12:11 PM   #31 
  - the Government wastes more money than george bush has told lies.  ileus   Feb-18-08 12:19 PM   #32 
  - The military industrial congressional media complex redistributes  coalition_unwilling   Feb-18-08 12:31 PM   #33 
  - On edit: Another redistributive tool is cutting marginal tax rates  coalition_unwilling   Feb-18-08 12:40 PM   #34 
  - By living above our means...  Solon   Feb-18-08 12:41 PM   #35 
  - Energy is the key variable.  conning   Feb-18-08 12:44 PM   #36 
  - Greed.  Rex   Feb-18-08 07:07 PM   #40 
  - Rethugs who steal elections also steal everything else that isn't nailed down.  Fly by night   Feb-18-08 07:15 PM   #41 
  - Lot's of good points here  awoke_in_2003   Feb-18-08 07:40 PM   #42 
  - Is a family making minimum wage living in a mansion financed by credit cards & subprime debt "RICH"  El Pinko   Feb-18-08 08:32 PM   #43 
  - Why do fish whose guts are sucked out by Lampreys die?  Peake   Feb-18-08 08:45 PM   #45 
  - We elect repubs who bleed us dry!  sandyd921   Feb-18-08 10:29 PM   #46 
  - We had a surplus...  YvonneCa   Feb-18-08 10:39 PM   #47 
  - That's easy. Answer: The Pirates of the Potomic  juajen   Feb-18-08 10:43 PM   #48 
  - .  havocmom   Feb-18-08 10:43 PM   #49 
  - 1) Having a bigger and more expensive military than the rest of the world combined  Lydia Leftcoast   Feb-18-08 10:49 PM   #50 
  - Two Words: Unfettered Republicanism™  Husb2Sparkly   Feb-18-08 11:11 PM   #52 
  - Because even the Dems drank the Milton Friedman Koolaid  JCMach1   Feb-19-08 06:45 AM   #56 
  - The fascist elite stole all the money for themselves and their fascist friends.  Zorra   Feb-19-08 08:49 AM   #57 
  - BFEE n/t  DCKit   Feb-19-08 01:58 PM   #58 
  - By using the Federal gov't to launder money to corporations  Obama_for_our_future   Feb-19-08 02:45 PM   #59 
  - Great Question  Mike03   Feb-19-08 03:07 PM   #60 
  - Thank you. That was an awfully nice thing to say and I appreciate it.  ThomWV   Feb-19-08 04:19 PM   #62 
  - Living beyond our means while half of US vote this as conservative.  Festivito   Feb-19-08 04:13 PM   #61 
 

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