Peak Credit

May 12th, 2014
in Op Ed

A Gonzo Journalism Editorial Rant

by Reverse Engineer, Doomstead Diner

For many years since around 2000 or so, there has been quite a bit of discussion about the idea of Peak Oil, which many people interpreted as the idea we would RUN OUT of oil to fuel the industrial machine that our society is currently based on. Not just Oil, but the other fossil fuels like Coal and Natural Gas we extract to keep the machine running. The machine is vast and complex, it includes everything from the electrical generating plants that supply electricity to the pumps that pull water up from aquifers to deliver to suburban homes and farms to the sewage systems that remove the waste to the trucks that deliver the goods to the Carz that ship everyone around willy nilly every day from home to school, to work and to the local Fast Food restaurant.


Follow up:

We're not running out of this stuff in absolute terms, there is a ton of it still left in the ground. What we are running out of is the easily accessible stuff which for a good while here came a bubblin' up out of the ground practically for free, like on Jed Clampett's old farm before he headed for Beverly Hills, upon Cashing Out on the farm to the Rockefellers and Standard Oil...

Listen to the following podcast for the full 7 minute 40 second rant.


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