Simmons Speaks Again

From the November 17, 2007 Financial Sense Newshour; the Third Hour, about 12 minutes in (just over 30 minutes long), has Matt Simmons (Windows Media should work) speaking about oil, and includes a reference to Dr. Al-Husseini speaking 2 weeks ago about oil at a conference. Listen carefully. Per the good doctor, based on known information the best case is an undulating plateau for 10 years followed by steep decline. Simmons believes Mexico will have to stop exporting in 2009 or find a way to dampen internal demand. That's only 2 years away. Check what he says about OPEC. The direction that winter takes (warm or cold) could be very telling.

I hate putting this stuff up, it's depressing, especially if Dr. Husseini's best case is indeed the best case. Romney, Richardson, and Bill(ary) Clinton seem to know what is up, Simmons says he has briefed Romney. However, we can't rely on our politicians to act on this, although Simmons believes that Peak Oil will be a key issue by the time the elections occur. Pretty late in the game in my view. So what do we do if our government leaders are asleep at the switch, or busy begging for votes? To quote Jeffrey Brown (westexas at the Drum) about the ELP program:

Economize: reduce your debt and cost of living as much as possible
Localize: look to local suppliers for your needs
Produce: develop a marketable skill, you'll need it

Dr. Hirsch told us in 2005 we needed 20 years to prepare and dodge the potential of fuel shortages. If we only have 10 years, then we are almost assured of shortages. Rationing won't be far behind. Our vision of the American dream will have to be modified.

Our world is going to change.

Soon.

Get ready.

Now.