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Submitted by Mike on Sun, 04/20/2008 - 10:55am.

Had to fill the tank on the little car yesterday, almost $40.00. 

 

 

 

JT had posted here this past week about the new oil reserves that he thinks are being found all around the world, I think that post got dumped because of no local link, but I think that was a mistake, because the local link on oil reserves is apparent every time we need to fill our tanks. 

I think the "new oil reserves" are sort of like the weather on Mars, or the environmental damage caused by catalytic converters:  figments of a political imagination, but I will keep an open mind even as I think that the record continues to build to show that some folks can't really think things out and come to a logical conclusion unless it aligns with their political conclusions.  

But I will ask the question:  if there are huge oil reserves being found and there is no reason to be concerned about the depletion of the oil reserves, why is the price of oil continuing to rise?   

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The party line answer is

because "enviromental extremists" have prevented us from building the refinery capaicy we need to supply the market with the gasoline it demands. It's a big fib or gross innacuracy of course, but it's probably one of their answers to your question. My guess is the story was pulled because it was based on really, really bad science.
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you could be right about why the story was pulled

but like the catalytic converter story and others that have disappeared, the public record that documents the failure of these neocon stories also disappears when they disappear. 

When a person consistently gets things wrong it is helpful to have the record so that when new questions arise that have to do with developing public policy, a person can look back when the neocons propose something with great certainty and force, and in the course of public review and development of policy, we can review the record and say, hey, you have been so wrong about so many things in the past, why would your certainty and confidence regarding planning mean anything except possibly to warn us all not to follow the advice of folks who have consistently been wrong on important issues in the past? 

As for the refinery capacity explanation, I guess we have to ask for data if that comes up as the explanation.  Looks like the energy companies have been making money and would be able to afford to build refineries if they wanted to. From a business planning pov I would be inclined to build refineries close to the source of the crude if I was in the petrol business, especially if the refineries were then sited in an area with a work force that could not engage in collective bargaining and where the environmental requirements would allow for more profitable refining with a higher level of environmental degradation.  

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on local connections

In this post, Mike provided a photo of a local gas station and shared his experience at the pump. He then followed it up with his analysis. Other posts on this topic have been no more than somebody else's work reposted. I wouldn't be against having content and discussions around world issues, there are certainly local effects. That content should be entirely original and make a strong local connection, saying "I live here and I think about this", just isn't enough in my book. Thanks for taking the time to do this Mike.

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