The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete

It is my view that when energy supply falls, it falls not because reserves “run out.” It falls because economies around the world cannot afford to purchase goods and services made with energy products and using energy products in their operation. It is really a price problem. Prices cannot be simultaneously high enough for oil producers (such as Russia and Saudi Arabia) to ramp up production and remain low enough for consumers around the world to buy the goods and services that they are accustomed to buying.

Figure 1. Chart showing average annual Brent-equivalent oil prices in 2021$ based on data from BP’s 2022 Statistical Review of World Energy, together with bars showing periods when prices seemed to be favorable to producers.

We are now in a period of price conflict. Oil and other energy prices have remained too low for producers since at least mid-2014. At the same time, depletion of fossil fuels has led to higher costs of extraction. Often, the tax needs of governments of oil exporting countries are higher as well, leading to even higher required prices for producers if they are to continue to produce oil and raise their production. Thus, producers truly require higher prices.

Governments of countries affected by this inflation in price are quite disturbed: Higher prices for energy products mean higher prices for all goods and services. This makes citizens very unhappy because wages do not rise to compensate for this inflation. Prices today are high enough to cause significant inflation (about $107 per barrel for Brent oil (Europe) and $97 for WTI (US)), but still not high enough to satisfy the high-price needs of energy producers.

It is my expectation that these and other issues will lead to a very strangely behaving world economy in the months and years ahead. The world economy we know today is, in fact, a self-organizing system operating under the laws of physics. With less energy, it will start “coming apart.” World trade will increasingly falter. Fossil fuel prices will be volatile, but not necessarily very high. In this post, I will try to explain some of the issues I see.

[1] The issue causing the price conflict can be described as reduced productivity of the economy. The ultimate outcome of reduced productivity of the economy is fewer total goods and services produced by the economy.

Figure 2 shows that, historically, there is an extremely high correlation between world energy consumption and the total quantity of goods and services produced by the world economy. In my analysis, I use Purchasing Power Parity (PPP) GDP because it is not distorted by the rise and fall of the US dollar relative to other currencies.

Figure 2. Correlation between world GDP measured in “Purchasing Power Parity” (PPP) 2017 International $ and world energy consumption, including both fossil fuels and renewables. GDP is as reported by the World Bank for 1990 through 2021 as of July 26, 2022; total energy consumption is as reported by BP in its 2022 Statistical Review of World Energy.

The reason such a high correlation exists is because it takes energy to perform each activity that contributes to GDP, such as lighting a room or transporting goods. Energy consumption which is cheap to produce and growing rapidly in quantity is ideal for increasing energy productivity, since it allows factories to be built cheaply and raw materials and finished goods to be transported at low cost.

Humans are part of the economy. Food is the energy product that humans require. Reducing food supply by 20% or 40% or 50% cannot be expected to work well. The economy suffers the same difficulty.

In recent years, depletion has been making the extraction of fossil fuel resources increasingly expensive. One issue is that the resources that were easiest to extract and closest to where they were needed were extracted first, leaving the highest cost resources for extraction later. Another issue is that with a growing population, the governments of oil exporting countries require higher tax revenue to support the overall needs of their countries.

Intermittent wind and solar are not substitutes for fossil fuels because they are not available when they are needed. If several months’ worth of storage could be added, the total cost would be so high that these energy sources would have no chance of being competitive. I recently wrote about some of the issues with renewables in Limits to Green Energy Are Becoming Much Clearer.

Rising population is a second problem leading to falling efficiency. In order to feed, clothe and house a rising population, a growing quantity of food must be produced from essentially the same amount of arable land. More water for the rising population is required for the rising population, often obtained by deeper wells or desalination. Clearly, the need to use increased materials and labor to work around problems caused by rising world population adds another layer of inefficiency.

If we also add the cost of attempting to work around pollution issues, this further adds another layer of inefficiency in the use of energy supplies.

More technology is not a solution, either, because adding any type of complexity requires energy to implement. For example, adding machines to replace current workers requires the use of energy products to make and operate the machines. Moving production to cheaper locations overseas (another form of complexity) requires energy for the transport of goods from where they are transported to where they are used.

Figure 2 shows that the world economy still requires more energy to produce increasing GDP, even with the gains achieved in technology and efficiency.

Because of energy limits, the world economy is trying to change from a “growth mode” to a “shrinkage mode.” This is something very much like the collapse of many ancient civilizations, including the fall of Rome in 165 to 197 CE. Historically, such collapses have unfolded over a period of years or decades.

[2] In the past, the growth rate of GDP has exceeded that of energy consumption. As the economy changes from growth to shrinkage, we should expect this situation to reverse: The rate of shrinkage of GDP will be greater than the rate of shrinkage of energy consumption.

Figure 3 shows that, historically, world economic growth has been slightly higher than the growth in energy consumption. This growth in energy consumption is based on total consumption of fossil fuels and renewables, as calculated by BP.

Figure 3. Annual growth in world PPP GDP compared to annual growth in consumption of energy supplies. World PPP GDP is data provided by the World Bank; world energy consumption is based on data of BP’s 2022 Statistical Review of World Energy.

In fact, based on the discussion in Section [1], this is precisely the situation we should expect: GDP growth should exceed energy consumption growth when the economy is growing. Unfortunately, Section [1] also suggests that we can expect this favorable relationship to disappear as energy supply begins to shrink because of growing inefficiencies in the system. In such a case, GDP is likely to shrink even more quickly than energy supply shrinks. One reason this happens is because complexity of many types cannot be maintained as energy supply shrinks. For example, international supply lines are likely to break if energy supplies fall too low.

[3] Interest rates play an important role in encouraging the development of energy resources. Generally falling interest rates are very beneficial; rising interest rates are quite detrimental. As the economy shifts toward shrinkage, the pattern we can expect is higher interest rates, rather than lower. As the limits of energy extraction are hit, these higher rates will tend to make the economy shrink even faster than it would otherwise shrink.

Part of what has allowed growing energy consumption in the period shown in Figures 2 and 3 is rising debt levels at generally lower interest rates. Falling interest rates together with debt availability make investment in factories and mines more affordable. They also help citizens seeking to buy a new car or home because the lower monthly payments make these items more affordable. Demand for energy products tends to rise, allowing the prices of commodities to rise higher than they would otherwise rise, thus making their production more profitable. This encourages more fossil fuel extraction and more development of renewables.

Once the economy starts to shrink, debt levels seem likely to shrink because of defaults and because of reluctance of lenders to lend, for fear of defaults. Interest rates will tend to rise, partly because of the higher inflation rates and partly because of the higher level of expected defaults. This debt pattern in turn will reinforce the tendency toward lower GDP growth compared to energy consumption growth. This is a major reason that raising interest rates now is likely to push the economy downward.

[4] With fewer goods and services produced by the economy, the world economy must eventually shrink. We should not be surprised if this shrinkage in some ways echoes the shrinkage that took place in the 2008-2009 recession and the 2020 shutdowns.

The GDP of the world economy is the goods and services produced by the world economy. If the economy starts to shrink, total world GDP will necessarily fall.

What happens in the future may echo what has happened in the past.

Figure 4. World energy consumption per capita, based on information published in BP’s 2022 Statistical Review of World Energy.

Central bank officials felt it was important to stop inflation in oil prices (and indirectly in food prices) back in the 2004 to 2006 period. This indirectly led to the 2008-2009 recession as parts of the world debt bubble started to collapse and many jobs were lost. We should not be surprised if a much worse version of this happens in the future.

The 2020 shutdowns were characterized in most news media as a response to Covid-19. Viewed on an overall system basis, however, they really were a response to many simultaneous problems:

  • Covid-19
  • A hidden shortage of fossil fuels that was not reflected as high enough prices for producers to ramp up production
  • Hidden financial problems that threatened a new version of the 2008 financial collapse
  • Factories in many parts of the world that were operating at far less than capacity
  • Workers demonstrating in the streets with respect to low wages and low pensions
  • Airlines with financial problems
  • Citizens frustrated by long commutes
  • Very many old, sick people in care homes of various types, passing around illnesses
  • An outsized medical system that still desired to increase profits
  • Politicians who wanted a way to better control their populations–perhaps rationing of output would work around an inadequate total supply of goods and services

Shutting down non-essential activities for a while would temporarily reduce demand for oil and other energy products, making it easier for the rest of the system to appear profitable. It would give an excuse to increase borrowing (and money printing) to hide the financial problems for a while longer. It would keep people at home, reducing the need for oil and other energy products, hiding the fossil fuel shortage for a while longer. It would force the medical system to reorganize, offering more telephone visits and laying off non-essential workers. Many individual citizens could reduce time lost to commuting, thanks to new work-from-home rules and internet connections. The homebuilding and home remodeling industries were stimulated, offering work to those who had been laid off.

The impacts of the shutdowns were greatest on poor people in poor countries, such as those in Central and South America. For example, many people in the vacation and travel industries were laid off in poor countries. People making fancy clothing for people going to conferences and weddings were laid off, as were people raising flowers for fancy events. These people had trouble finding new employment. They are at increased risk of dying, either from Covid-19 or inadequate nutrition, making them susceptible to other illnesses.

We should not be surprised if some near-term problems echo what has happened in the past. Debt defaults and falling home prices are very real possibilities, for example. Also, making a new crisis a huge focal point and scaring the population into staying at home has proven to be a huge success in temporarily reducing energy consumption without actual rationing. Some people believe that monkeypox or a climate change crisis will be the next area of focus in an attempt to reduce energy consumption, and thus lower oil prices.

[5] There is likely to be more conflict in a world with not enough goods and services to go around.

With a shrinking amount of finished goods and services, we should not be surprised if we see more conflict in the world. Many wars are resource wars. The conflict between Russia and Ukraine, with other countries indirectly involved, certainly could be considered a resource war. Russia wants higher prices for its exports of many kinds, including energy exports. I wrote about the conflict issue in a post I wrote in April 2022: The world has a major crude oil problem; expect conflict ahead.

World War I and World War II were almost certainly about energy resources. Peak coal in the UK seems to be closely related to World War I. Inadequate coal in Germany and lack of oil in Japan (and elsewhere) seem to be related to World War II.

[6] We seem to be facing a new set of problems in addition to the problems that gave rise to the Covid-19 shutdowns. These are likely to shape how any new crisis plays out.

Some recently added problems include the following:

  • Debt has risen to a high level, relative to 2008. This debt will be harder to repay with higher interest rates.
  • The US dollar is very high relative to other currencies. The high level of the US dollar causes problems for borrowers from outside the US in repaying their loans. It also makes energy prices very high outside the US.
  • Oil, coal and natural gas are all in short supply world-wide, leading to falling productivity of the overall system Item 1. If extraction is to continue, prices need to be much higher.
  • Difficulties with broken supply lines make it hard to ramp up production of manufactured goods of many kinds.
  • Inadequate labor supply is an increasing problem. Baby boomers are now retiring; not enough young people are available to take their place. Increased illness, associated with Covid-19 and its vaccines, is also an issue.

These issues point to a situation where rising interest rates seem likely to send the world economy downward because of debt defaults and failing businesses of many kinds.

The high dollar relative to other currencies leads to the potential for the system to break apart under stress. Alternatively, the US dollar may play a smaller role in international trade than in the past.

[7] Many parts of the economy are likely to find that the promised payments to be made to them cannot really take place.

We have been taught that money is a store of value. We have also been taught that government promises, such as pensions, unemployment insurance and health insurance can be counted on. If there are fewer goods and services available in total, the whole system must change to reflect the fact that there are no longer enough goods and services to go around. There may not even be enough food to go around.

As the world economy hits limits, we cannot assume that the money we have in the bank will really be able to purchase the goods we want in the future. The goods may not be available to purchase, or the government may put a restriction (such as $200 per week) on how much we can withdraw from our account each week, or inflation may make goods we currently buy unaffordable.

If we think about the situation, the world will be producing fewer goods and services each year, regardless of what promises that have been made in the past might say. For example, the number of bushels of wheat available worldwide will start falling, as will the number of new cars and the number of computers. Somehow, the goods and services people expected to be available will start disappearing. If the problem is inflation, the affordable quantity will start to fall.

We don’t know precisely what will happen, but these are some ideas, especially as higher interest rates become a problem:

  • Many businesses will fail. They will default on their debt; the value of their stock will go to zero. They will lay off their employees.
  • Employees and governments will also default on debts. Banks will have difficulty remaining solvent.
  • Pension plans will have nowhere nearly enough money to pay promised pensions. Either they will default or prices will rise so high that the pensions do not really purchase the goods that recipients hoped for.
  • The international system of trade is likely to start withering away. Eventually, most goods will be locally produced with whatever resources are available.
  • Many government agencies will become inadequately funded and fail. Intergovernmental agencies, such as the European Union and the United Nations, are especially vulnerable.
  • Governments are likely to reduce services provided because tax revenues are too low. Even if more money is printed, it cannot buy goods that are not there.
  • Citizens may become so unhappy with their governments that they overthrow them. Simpler, cheaper governmental systems, offering fewer services, may follow.

[8] It is likely that, in inflation-adjusted dollars, energy prices will not rise very high, for very long.

We are likely dealing with an economy that is basically falling apart. Factories will produce less because they cannot obtain financing. Purchasers of finished goods and services will have difficulty finding jobs that pay well and loans based on this employment. These effects will tend to keep commodity prices too low for producers. While there may be temporary spurts of higher prices, finished goods made with high-cost energy products will be too expensive for most citizens to afford. This will tend to push prices back down again.

[9] Conclusion.

We are dealing with a situation that economists, politicians and central banks are ill-equipped to handle. Raising interest rates may squeeze out a huge share of the economy. The economy was already “at the edge.” We can’t know for certain.

Virtually no one looks at the economy from a physics point of view. For one thing, the result is too distressing to explain to citizens. For another, it is fashionable for scientists of all types to produce papers and have them peer reviewed by others within their own ivory towers. Economists, politicians and central bankers don’t care about the physics of the situation. Even those basing their analysis on Energy Return on Energy Invested (EROEI) tend to focus on only a narrow portion of what I explained in Section [1]. Once researchers have invested a huge amount of time and effort in one direction, they cannot consider the possibility that their approach may be seriously incomplete.

Unfortunately, the physics-based approach I am using indicates that the world’s economy is likely to change dramatically for the worse in the months and years ahead. Economies, in general, cannot last forever. Populations outgrow their resource bases; resources become too depleted. In physics terms, economies are dissipative structures, not unlike ecosystems, plants and animals. They can only exist for a limited time before they die or end their operation. They tend to be replaced by new, similar dissipative structures.

While the current world economy cannot last indefinitely, humans have continued to exist through many bottlenecks in the past, including ice ages. It is likely that some humans, perhaps in mutated form, will make it through the current bottleneck. These humans will likely create a new economy that is better adapted to the Earth as it changes.

About Gail Tverberg

My name is Gail Tverberg. I am an actuary interested in finite world issues - oil depletion, natural gas depletion, water shortages, and climate change. Oil limits look very different from what most expect, with high prices leading to recession, and low prices leading to financial problems for oil producers and for oil exporting countries. We are really dealing with a physics problem that affects many parts of the economy at once, including wages and the financial system. I try to look at the overall problem.
This entry was posted in Financial Implications, oil shortages and tagged , , . Bookmark the permalink.

2,778 Responses to The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete

  1. Fast Eddy says:

    A father calls the pharmacist who gave his son a “vaccination”—and myocarditis

    The time will come when many millions feel the way he does, no matter what the government, and “our free press,” are doing to prevent it

    Powerful stuff!!! I wonder if this will inspire people to lash out at the people who are poisoning them. Instead of marching around the block pick up the phone and… let er rip… or pay them a visit and unhinge hahaha…. imagine someone entering a pharmacy and screaming ‘you murdered my ____!!!!!!’

    But they won’t — that would be rude – right?


  2. Michael Le Merchant says:

    Energy bills are spreading around German Facebook.. starting by October the bill will cost 1157€ instead of 210€ per month×900

  3. davidinamonthorayearoradecade says:

    oil companies are affected by inflating costs.

    every year of 10+% inflation moves the goal posts for the oil prices they need to justify reinvestment.

    the past decade or two was a period when the minimal 2%ish inflation could largely be ignored when making reinvestment decisions.

    now the oil industry must consider that their costs could keep spiking and for many years.

    80s and 90s oil prices may not be enough.

  4. Student says:

    According to Dr. Barbaro, who has been following Covid and vaccines since a long ago, Monkeypox cases are almost all in people HIV positive who experienced Herpes Zoster caused by mRNA vaccine.

    • Fast Eddy says:

      So it will be a problem for those with AIDS with a V for Vaccine in front… V-AIDS….×300@2x.jpg

      How about this … create a YT channel whereby Fast Eddy calls up pharmacists and doctor’s offices and rants on about how his wife/daughter/son/brother/sister/mother/father was injected by them and is severely damaged…

      Then FE takes to the streets with a sign stating that ‘Pro Covid Vaxxers are MOREONS’… perhaps he stands outside of clinics where the MOREONS are waiting for their boosters and taunts them….

      When they attack FE a few thugs (in the employee of FE) emerge and beat the f789 out of the MOREONS…. everything captured on camera of course (except the taunting).

      This could be bigger than Ali G… it could be huge… iconic…

      • Can you do it as a Patreon? I would seriously subscribe to that.

        • Fast Eddy says:

          I suspect something of that nature would quickly gain massive traction (think all anti vax SS’s combined x 1000 + the CovIDIOTS would want to gawk…) so it would be shut down… Fast Eddy might be shut down.

  5. Michael Le Merchant says:

    Monkeypox Story Hour coming soon…

    Monkeypox cases are spreading into every region of the UK as vaccination campaign against disease falters, experts warn

    After first arriving in the UK in March, cases have now spread across the country

    Experts say a successful vaccination campaign is needed to stop the disease

    But there are concerns about a shortage of jabs, with supplies arriving slowly

    Monkeypox cases are now spreading into every region of the country while the vaccination campaign against the virus is faltering, experts have warned.

    When the virus – which causes painful blisters across the body – first arrived in the UK in May, the vast majority of infections were recorded in London.

    Last month, regional cases accounted for only a fifth of the total. But now, more than 2,800 cases have been confirmed, and according to Government figures over a third are in regions outside of London.

    Particularly high numbers have been seen in the South East, which has recorded more than 230 cases, and the North West, with 150.

    Currently monkeypox is predominantly infecting gay men and spread through close contact, but the updated figures come as sexual health experts warn that overwhelming demand for the vaccine being offered mean at-risk men are struggling to access it.

    A long-standing smallpox vaccine has been deployed to inoculate against monkeypox because of the viruses’ high level of similarity. And scientists say a successful vaccination campaign is crucial because the virus can be deadly if it reaches children or pregnant women.

  6. Michael Le Merchant says:

    UK Households Get £280 Million Bill as Energy Suppliers Collapse

    The UK’s largest electricity distribution business said a hit of £280 million from energy companies failing will be passed on to customers.

    UK Power Networks Ltd has received the claims under the so-called supplier of last resort scheme — a regulatory plan that ensures domestic supply isn’t interrupted when suppliers fail.

    The value of such claims through to March 31 this year was approximately £280 million, according to its annual accounts. It has agreed with regulator Ofgem that the majority will be payable and recovered from customers through higher tariffs.

    The soaring volatility in energy markets that began in late 2021 has seen a wave of supplier failures in the UK. The news was first reported by the Times of London.

    • houtskool says:

      It won’t be telivised. It will be socialized though. Didn’t the UK socialize the rail system after a maintenance ‘discontinued period of public understanding’?

    • I expect that the same kind of thing may happen in the US, if natural gas prices stay at their current level, or if they go even higher.

      In the US, homeowners often sign up with a marketing firm to buy natural gas at a fixed rate. For example, a few months ago I signed up for a plan that charges 59.9 cents per therm; this rate is guaranteed for 24 months. The rate of 59.9 cents per therm is equalent to $5.99 per million Btu. There are a few other expense charges, in addition, which I believe are for the natural gas marketing firm’s expenses.

      I don’t know how exactly how much the marketing firm is paying for its natural gas, but I do know that the recent price at the wellhead (Henry Hub), has recently been above $8.00 per million Btu. I would presume that there would be some shipping charges that the marketing firm would need to pay, in addition, so from the marketing firm’s perspective, the recent price is even above $8.00 per million Btu, say $8.50 or $9.00 million Btu.

      If natural gas prices go up and stay up, it seems like natural gas marketing firms may get into difficulty. Alternatively, there may be derivative markets that develop problems.

      Of course, I don’t know how extensively these plans are used. Are commercial and industrial users also given rate guarantees? If so, these could lead to problems as well.

      The idea of “marketing firms” was added in about the early 1980s, when people felt that there was not enough competition in natural gas markets. About all these firms added was a layer of expenses, and some price guarantee, for varying time period. It is hard to see how they really kept costs down, since they are just resellers.

      • Fast Eddy says:

        There is a substantial luxury housing development happening not too far from us… they pre sold the first phase 2 years ago … most of the roadworks are done and they were scheduled to start building in December.

        The project has been halted — the developer is exercising a sunset clause allowing him to rip up the contracts and refund deposits.

        What’s happened is the materials and labour costs have risen so much since the deals were signed that they would lose big $$$ if they honoured the deals.

        I understand that they will need to increase prices by 50% at least to compensate for the increased costs… with interest rates having doubled and a recession in play … I suspect they will struggle to resell the homes.

  7. Michael Le Merchant says:

    US consumer sentiment hit a new record low as financial conditions worsen

    75% of the consumer surveyed declared to be living paycheck to paycheck with issues paying bills

    • I was surprised that the chart seems to indicate that young people are doing a bit better than baby boomers, and others in higher age groups. Perhaps more of the older folks are on limited fixed incomes.

    • davidinamonthorayearoradecade says:

      17% inflation is doing its thing for now.

      another year or two at a high % could crush the job market.

      high inflation + high unemployment would be a next level of “financial conditions”.

      I don’t think the USA has had those conditions for 85 years.

      how can consumer sentiment not be lower in 2023?

      • Fast Eddy says:

        And how can the stock and bond markets not be collapsing

        • CTG says:

          FE, davidinabillionyears is looking forward to 2030, not Q42022 🙂

          • davidinamonthorayearoradecade says:


            but falling stocks and bonds only affect the rich.


            very very high unemployment…

            then imagine how many people would have much more free time available for rioting.

            • Fast Eddy says:

              Anyone with a pension … is exposed to the stock and bond markets…

            • Government pensions are not exposed to the stock and bond market. They are pretty much all on a “pay as you go” basis. They depend on the continuation of taxes on income and the continuation of the availability of government debt.

              The US Social Security program is allegedly funded until 2034. But this funding is with a combination of future taxation of wages and previously issued non-marketable US debt securities. The funding is based on a model of how much wages will increase compared to how much benefits will increase. It is assumed that there will somehow be enough funding of some sort (tax revenue or more debt) that it can somehow make use of the non-marketable securities that are sitting as a placeholder in the Social Security account.

              Medicare is figured out separately. It is even more “pay as you go.” There is no attempt at advanced funding.

              One detail is that somehow, retirees, as well all the rest of the population must be fed on the available food supply, each year. If food is in short supply, I would be willing to bet that the people who work on growing and delivering that food will be given priority over retirees.

            • davidinamonthorayearoradecade says:

              yes but most people with pensions probably don’t fit the rioter profile.

              I thought you might “like” the riot angle.

      • I came across some documents from the 1980s belonging to my grandparents. Inflation was high, but they were getting 14% on CDs. Currently, the extent of the theft appears to be near-absolute,

    • Fast Eddy says:

      It gets more ominous by the day…

      Waiting… watching… a tinge of anxiety .. a whiff of fear… a great deal of curiosity … massive excitement….

      I feel… so alive… so f789ing energized. I’m throwing off sparks

  8. banned says:

    China USA relations are at a critical point even leading to a stop in between gain of function research facilities joint research!


    Gain of function is a misnomer. There is the coronavirus hanging out in a bat cave in its natural habitat. No capability to infect or harm humans. It is captured!

    Researcher; Calm down little virus were only going to gain your function. Easy boy
    Virus; whats that? I just want to hang in the bat cave.
    Researcher; you are a human killing machine you just dont know it yet.
    Virus; say what?
    Researcher; your function is to kill humans
    Virus; I didnt even know what a freakin human was until you kidnapped me from by beautiful cave.
    Take me back kidnapper!
    Researcher Easy boy. your destiny is to kill humans. Thats your function you just were ignorant.
    We just have to make a few mods. This wont hurt a bit.
    Virus; noooooooooooooooo. I miss my cave!

  9. Yoshua says:

    The honourable senator Lindsey Graham: Ukraine is a poor country that we are exploiting to fight Russia until the last Ukrainian

    Well… someone has to rule the world…

  10. drb753 says:

    I note that the FAO food index has been dropping sharply, already since May. So this is going to be just like 1973, austerity for driving, and nothing else?

  11. Study on use of oral bismuth (pepto-bismol) in combination w/ NAC supplement as Covid therapy

    Here is a >6 mos old review of status of vaccine development efforts using traditional/non-MRNA technologies

  12. Herbie Ficklestein says:

    August 5, 2022

    Phanagoria was founded in the middle of the 6th century BC by Greek settlers on the shores of the Taman Gulf. The ancient settlement and necropolis include over 700 mounds and occupies 2223 acres.

    The team found a purse between the remains of two burnt dwellings in the city, containing 30 copper staters, a type of Greek coin minted in the Bosporan Kingdom. The researchers suggest that the coins were lost or hidden during attacks on Phanagoria by the Turks or the Huns.

    Last year, a similar hoard of 80 coins was found stashed inside an amphora not far from the latest discovery, while previous excavations along the Taman Peninsula have found hoards in Hermonassa and Kitey.

    An analysis of the hoards allows archaeologists to evaluate the wealth of the people living along the peninsula, suggesting that the inhabitants had approximately 30-80 coins for their everyday needs. The team estimates that the savings of the combined inhabitants in each city within the region amounted to roughly 1,000 Bosporan coins.

    The Bosporan coins are unique in that they were last minted in AD 34, but continued to be used in the region until at least the end of the 6th century. After Phanagoria became a Byzantine dependency, Byzantine gold also circulated in the territory which had a higher value than the Bosporan coins. Nevertheless, unlike copper staters, gold coins were used almost exclusively for large transactions, and only the richest medieval classes could afford them.

    The Phanagoria Archaeological Expedition is a project by the Institute of Archaeology of the Russian Academy of Sciences.

    Gail is correct in her statement…”economies have life spans, just like people” or something similar!

  13. Van Kent says:

    A self organizing dissipative structure, that will consume all the available energy and resources before it expires.. how and in which ways does the structure begin to cannibalize itself? Because all available resources and energy are not consumed and dissipated until it has consumed and dissipated.. itself..

    A dish of bacteria is a quarter full..
    It grows exponentially.. and is then.. half full
    It grows exponentially.. Then it has reached the limits of growth.. and is now completely full..

    Does the dish of bacteria disappear when it is completely full? Does it collapse?

    The Limits to Growth book showed graphs of slowly diminishing populations.. BUT our economies are built on growth and (banks and money) can not survive without growth. SO.. there could be yet a stage to live. Economic growth by cannibalizing itself.

    The dish of bacteria is full.. everything is being tried to grow.. but nothing happens..
    Next.. growth though poisoning itself and eating itself.. next then.. cannibalizm..

    Economic growth by eating its own resource pools.. how?
    – growth through using more energy to accuire more energy, than is being produced.. negative EROEI. Insanity
    – growth through debt.. debts that are constantly bigger (2) than the growth (1) it has achieved. Insanity.
    – growth through poisoning the population. Insanity.
    – growth through insanity itself.. investing the few remaining resources in never gona happen pipe dreams, thereby making a rational conversation impossible, because everyone is invested in Fantasy LaLa-lands. (Elon Musk/ small modular reactors)

    Before the end of a ponzi scheme growth system, it should become poisoned with levels of insanity that make everyone sick to their stomachs… to a degree that it would be better to live anywhere under any regieme.. but under the growth system.. collapse.. what is collapse?? Collapse is the point when the Romans open the gates themselves to the Barbarians.. so tired of the insanity, anything and everything must be better.. hence.. open the gates.. hence.. collapse

    Someday we will reach a point when the general population has had enough.. a saturation point.. when the level of insanity induced by the growth-machine is enough for people.. a point when anything and everything except the growth-machine is better.. but we are not there yet.. lots of insanity and free floating anxiety yet to muster up.. collapse is not in Q4.. people are not ready to collapse yet.. they are not ready to let the system die.. they still prefer the posh glimmering insanity, to the bleak grey reality

    The dish of bacteria is full. Sure it is. It has been full for a while now. Slowly at the edges.. poison begins to swell up. Yup. No doubt about it. But collapse. Nope. We are not there yet. The growth engine has yet to consume and dissipate itself..

    • nikoB says:

      well said.

      • davidinamonthorayearoradecade says:

        the USA wanted to consume Russia, but couldn’t because of Vlad the Great.

        so the USA has settled for consuming Europe in 2023.

        so reediculously hilllarious that Europe has “agreed”.

        USA and China are trying to continue to consume South America and Africa.

        put NZ and Australia on the plate.

        the future is unknown, but it looks like the Big 3 of China, Russia, USA will continue to be hungry for many years,

        chomp chomp munch munch yummy.

    • The way that projects that are never going to pay for themselves are encouraged is through the use of subsidies. All of the subsidies for wind and solar, for example. The Schumer-Manchin climate bill has more subsides for solar, as well as subsidies for carbon capture and storage.

      Carbon capture and storage is basically a waste of money. In a few instances, CO2 can be sold to industry, but trying to store it for the long term underground is something we cannot really do. When the gas inevitably escapes, it is likely to suffocate those living nearby. It is hard to convince anyone to live near such an installation.

      The subsidies basically increase the demand for fossil fuels and push their prices up, allowing more extraction. The savings in CO2 is theoretical and long-term. It has not been observed in practice.

    • “they are not ready to let the system die”

      It’s close, though…

      • giving puberty blockers to children w/o parental consent
      • destruction of cultural monuments and places of worship
      • repudiation of traditional systems (legal, educational, civic, spiritual)
      • abolition of standards, particularly meritocratic standards (“airline pilots too white!”)

    • Alex says:

      Collapse is overrated.

    • Fast Eddy says:

      Let’s remain optimistic and hope for Q4 shall we?

      If they keep up these tranny pedos rumpty tumptying young boys for much longer – which is pure poison to a culture… the rabble will be begging for the Grinder of Meat (not to be confused with a fully functioning pedo tranny who Grinds Young Meat…)

      Even Disney is pumping that Meat Grinder.

      However when Big Bird goes tranny / pedo we’ll know it’s time….

  14. postkey says:

    A ‘better’ one?

  15. postkey says:

    “So just to recap, here we have Deborah Birx—the woman who did more than almost any other person in the United States to promote and prolong Covid lockdowns, silencing anyone who disagreed with her, to the incessant praise of mainstream media outlets—telling us she’d been inspired by all those images of Wuhan residents falling dead and constructing a hospital in 10 days, and still didn’t realize they were fake two years after they’d been proven fake.” ?

    ‘Fake’ video?

  16. Kowalainen says:

    Drastically underpowered and undersensored compute platform. I’m sure some yahoo at Tesla decided that “it’s enough, that’ll do!” and then went on trivializing a hard problem.

    Just recall the crap and slap in hotter compute gear. I mean like 100x, while at it, rip out the ridiculous mono low-rez cameras and slap in quad Sony stereo imagers for proper wide field of view stereo vision.

    And that kit would barely reach a rudimentary Level 2 “autonomy”.
    “Michael Brooks, acting executive director of the nonprofit Center for Auto Safety, has been pushing for a recall of Tesla’s Autopilot. He concluded: “It’s pretty clear to me, and it should be to a lot of Tesla owners by now, this stuff isn’t working properly and it’s not going to live up to the expectations, and it is putting innocent people in danger on the roads.””

    • Fast Eddy says:

      Putting a MOREON into what is effectively a rolling bomb with a 500kg explosive battery on the road… and telling them it has an auto pilot… is obviously a recipe for disaster.

      Captcha 7 + 2 – 3 = ___ I know I know!!! I am AI. It’s 14!!!

      • Kowalainen says:

        Do you think Donkey Face and Biden could get it right? I reckon not, however, our resident AI’s surely could solve that no problemo.

  17. Wet My Beak says:

    In collapsing new zealand a 12-year-old girl drops dead on a jog.

    Corrupt medical mafia will spin the cause.

    The lie of life in the a*sehole of the world.

    • banned says:

      Look its clear what needs to happen to avoid tragedies like this.

      Inject unborn children while still a fetus.

    • Fast Eddy says:

      If I was organizing a Hit Squad to attack the vax narrative… I’d be this very moment drafting a list of messages that my legions of volunteers would take and pulverize all social media pages where this is mentioned — they’d be emailing all contacts at the school ….

      Operation Relentless F789ery.

      Have you Left the Building Beak? If so my envy is epic

    • Fast Eddy says:

      Just called told them we are compiling a list of student vaccine deaths in NZ – they would not disclose the status of the child … I said that we’ll be counting that as a vax death… the receptionist actually chuckled and said up to you …

      Doesn’t seem like a funny topic to me…

  18. Fast Eddy says:

    A father calls the pharmacist who gave his son a “vaccination”—and myocarditis

    The time will come when many millions feel the way he does, no matter what the government, and “our free press,” are doing to prevent it

    Wow – massive!!! MSM won’t touch this of course – cuz he goes into detail as to everything that they don’t want the MOREONS to know (no healthy people die… vax injuries are legion … top athletes dead… etc)…. Too bad … it could otherwise be epic… right up there with Rosie Ruiz hahahaha

    Too bad about UEP — this could be monetized… statues… hero worship … a movie (like Shindler’s List cept this guy saved millions of children’s live!!!)…. groopies… talk show appearances… motivational speaking gigs at 500k a pop….. the sky is the limit — cept UEP is coming.

    The Matrix… can be manipulated.. quite easily hahaha…

    • Tim Groves says:

      Here’s one from Queensland.

      Man tracks down the Dr that gave one of his family members the covid vaccine and they died after taking it. This is going to be happening in a country near you…. Soon.

      • Tim Groves says:

        Sorry, this has already been posted.

      • banned says:

        Nah. People knew what they were getting into with the loyalty lottery. They will continue buying tickets even if they lose. I see one guy down at the gas n go all the time. He swaggers in when he gets his welfare check and demands his lottery tickets. Hes a big customer. A few days later hes scanning them through the machine they provide. No winners. Again. Next month he swaggers in again.

      • Fast Eddy says:

        When will med staff start requiring body guards?

        Actually … if someone did properly unhinge on an injector… that might make them actually provide proper information on the risks….going forward.

        It would be entertaining .. and might inspire more copycat unhingements

    • nikoB says:

      Eddie isn’t that you making that call. North American man’s accent and NZ pharmacist.
      You were claiming earlier it was you.
      Good pot stirring even if it didn’t happen. It does point out the brain death of people dealing this stuff out.

      • Fast Eddy says:

        Fast Eddy is not a father therefore that cannot be him.

        If it was Fast Eddy then he’d deserve an Academy Aware for that performance… I am brought to the edge of tears listening to the man’s despair and anger….

      • I’ve seen this on four independent sites so far; only one commenter was skeptical about the call being fake. I’m not sure, once FE is revealed to’ve falsified his personal situation, whether this will help the anti-vacx cause.

        It most likely will hurt (“reading the room”), but it’s still funny as hell and much-needed pushback against the jab ghouls.

    • Kowalainen says:

      Yup; that man shouldn’t have procreated with a gullible trollop deeply mired in her own la-la fantasy land and maximally sensitized to the collective subconscious.

      I believe it is a viable strategy preferring to think instead of Tryhard.

      But hey; I feel for the dude.
      That’s what you “get” for being the useful Tryhard.

      1. A trollop that can’t be reasoned with
      2. A kid with myocarditis
      3. Stress
      4. Depression

      • banned says:

        Trollops are one of the best things in the world!

        Once your tubes are tied.

        If she sees no reason to discuss birth control or child rearing and we are sexually active I see no reason to disclose my genetic material is not available and never will be. If she responsibly brings up the subject I hide nothing.

        • Kowalainen says:

          The 🤢🤮 after busting the 🥜. Is real.

          Who knows what kind of dregs with diseases ploughed that hog before you? 🐷

          • banned says:

            Ah yes. All women who enjoy healthy sex are “trollops” and “plough hogs”. What can I say I have always like hanging out with women. Its not all about sex. By the way your comments reveal some interesting things about yourself. Orgasm is certainly pleasurable but it is only one part of the intimacy of a healthy sexual experience. Most people benefit by changing their focus to the overall experience not just the orgasm. The sexual experience extends way past orgasm. You apparently have decided women are not worth the trouble. Its a understandable viewpoint with some of the things going on that create dysfunction in relationships. I respect your choice. Its like what they tell boxers getting into the ring. Protect yourself at all times. One way to do so is to not enter the ring. There are still plenty of women who desire healthy interaction and intimacy with men and value it enough that they dont want to sabotage relationships with dysfunction.

            • Kowalainen says:

              Oh, you’re confusing busting the 🥜 in some trollop with sex with a woman. Ever considered I might have some standards?

              I’ve got three major problems having intercourse with these loose cretins.

              1. Feeling of disgust after the “act”
              2. Worry of making the beast pregnant
              3. Worry of STD’s

              Of course it’s hunky dory if she’s adorable and smart with a low “body count”. But hey, we’re talking about 1/1000 of females at best, 1/10000 at worst.

              It’s just not worth the effort (anymore). Life goes on with and without my “particularities”. Perhaps for the betterment of mankind.


            • the whole thing works as it should only when the lady in question chooses YOU

              most guys make the mistake of thinking they have to ‘chase’

              they don’t, not if they know what they’re doing anyway.

              And yes–this is penned to give frenzied flight to the lesser spotted eddywit–but it doesn’t make it any less true.

              I wouldn’t expect you to know that Kow–as with so many other things

              but it doesnt change anything

            • Kowalainen says:

              I don’t discredit the female selection. However; there’s this thing called male acceptance.

              Just because “first and best” broad is “interested” in you doesn’t make “her” a good choice.

              In most cases she’s “into” you because you project that male hyper Tryhard.

              Which is why we are in this predicament to start with. Go figure.

            • she’s ‘into you’ because you know how to drive her out of her tiny mind

              in just the way she wants you to

              thereya go–the big secret –for free. (even at my age)

            • Fast Eddy says:

              norm… the man of mystery (waddling around in his diapers hahaha)

            • what happened to my inflatable friend

              have you lost interest in her?

            • Kowalainen says:


              I’m not into misogyny and subconscious manipulation.

              I.e. hyper Tryhard “tactics”.

              Thanks anyway.

      • It’s interesting to read comments psycho-analyzing the “parents” of the damaged child. Some blame M. Fast but others blame Fast for not keeping his woman under control.

  19. Rodster says:

    CV19 Vax Nothing Short of Horrific Experiment – Karen Kingston

    “Kingston has long said both covid and the vax were nothing more than bioweapons, and this past week in a first ever ‘Gain-of-Function’ Senate hearing, medical experts testifying agreed the CV19 virus was a bioweapon. Kingston explains, “Specifically, they said the work that is done in ‘Gain-of-Function’ (CV19 and other viruses being weaponized now) in the laboratory is strictly for war and the development of bioweapons.

    The Food and Drug Consumer Protection Act requires a 10-year timeline for most drugs and vaccines, and a 15-year timeline for viral gene-based therapies. These mRNA injections created new markets for Big Pharma. On top of that, this lipid nanoparticle technology is so dangerous, as is the mRNA, that it never would have gone through our consumer protection act laws, which are 10 to 15 years to bring the product to market.

    After nearly 600 million doses of CV19 vax in America alone, Dr. Birx admits she never thought the Vax would work?? What gives? Kingston says, “There are some things called non-prosecution agreements and plea bargaining when you are going to be brought in as an expert witness. . . . This would appear to be a plea-bargaining agreement from a legal perspective, I would say. So, this is why she is coming forward, and likely she is having her sentence reduced for coming forward and telling the American public the truth about what happened.”

    • davidinamonthorayearoradecade says:

      plausible deniability will be the standard attempted defense.

    • Kim says:

      Normally, interviews with covid experts and “bioweapon” experts put me to sleep. But this one is gobsmacking.

    • banned says:

      Obviously a Q conspiracy theorist along with her senate (BOO) republican Q conspiracy theorist collaborators. Those of the public that are exposed to this (< 1 %) event will will not ignore the huge undulating warning. WARNING. CONSUMPTION WILL LEAD TO CHRONIC CONSPIRACY THEORISM AND COGNITIVE DISSONANCE. The press will do their job protecting the public from exposure to this cognitive dissonance causing material!


      The senate is still there? Why hasnt it been cancelled? Congress should run everything. Thats a vibrant liberal democracy!

      We had testimony before the senate about how ivermectin and oxy were game changers oh what two years ago? Did repurposed drugs become available to the public? Dr. Pierre Kory says 800k dead because no repurposed drugs and early treatment. That doesnt count unfortunate rare anecdotal injection deaths.


      Joe Rogan has more power than the senate.

  20. banned says:

    In between the lockdowns , the sanctions, and the strikes people might be getting upset soon.

    Then they will loot and burn things.

    That will be helpful.

  21. Fast Eddy says:

    Oh wow!

    URGENT: Shocking phone call recording with pharmacist who administered the COVID injection to a child now in hospital with myocarditis. Parts 1, 2, 3, 4…we are authenticating for if real, serious!

  22. Fast Eddy says:

    Notice how little oil was discovered even when it was record prices

    FYI – we are f789ed.

    • davidinamonthorayearoradecade says:

      Paul, I detect a bit of pannic in FE.

      HE placed a big wager on Q4 and HE is now hedging his bet.

      it would be a shame if the UEP had to go onto the trash heap with the CEP.

      remember the CEP? I do.

      I suggested that it would be a safer bet if HE should project a UTI for Q4, but HE seems to be all in on the UEP speculation.

      oh well.

      I on the other hand am not sweating one bit, since 2022 Collapse or nuclear war or bAU to 2030 is all good.

      hope that helps.

      keep calm and rrant on.

    • We do know about a whole lot of very heavy oil that could, in theory, be extracted if prices rise high enough. The IEA has repeatedly made high projections of future oil extraction, based on the assumption that prices will rise very high, allowing this oil to be extracted. For example, this 2015 chart shows oil prices rising to $300 per barrel in 2015$.

      • Artleads says:

        i’VE HEARD HERE ABOUT VERY HEAVY OIL, LIKE TAR, THAT SUPPOSEDLY HAS NO ECONOMIC UTILITY. If I can be forgiven for looking at that heavy oil outside the lens of formal capitalism–there are, after all, gift economy pockets that fall outside the main system, not promising to have any role inside the main system, but seemingly being useful in a limited time and space–is there some “non industrial” way for a group to lighten the oil with primitive materials like paddles to stir in naturally acquired mixed liquids to thin the oil? (I know such issues are outside the normal scope of OFW, which deals with the bigger picture, but I’m asking just to understand the technicality–not the politics or economics–of oil a little better. It could be an experimental class project for young kids!)

        • The very heavy oil needs to be “cracked” into shorter molecules. Before that happens, it is often diluted with very light hydrocarbon, so that it can be shipped using pipelines.

          Believe it or not, very heavy oil can be helpful. With enough processing, it can be made into diesel and into jet fuel. When oil prices are high enough, this is, in fact, done. At $88 per barrel, probably not done.

          Too “light” products are very close to methane. They are terribly expensive to ship. With all of the US’s fracking, we have more of these light portions than much of anything else. Some of this becomes gasoline. Some simply gets burned for heating, a use often made of natural gas.

  23. Fast Eddy says:

    Hey… did I mention we’re f789ed hahaha

    Now, what we learned also from HIV is that the virus mutates so rapidly, that it evolves so quickly, that it evolves right out from under vaccines – particularly in immunosuppressed patients, who do not rapidly clear the virus. Then vaccine escape mutants are generated with are resistant to the vaccine. So, the fact that Paxlovid is prolonging the virus in the body can only lead to more vaccine escape mutants.

    One might think that Pfizer and Moderna wanted to prolong this outbreak…

    Naw, that would be too cynical, even for them, right?

    He’s not quite there… not cynical enough.

    They don’t want to prolong the outbreak — they want to create Devil Covid … and EXTERMINATE 8B humans.

    I can understand why that final dot is not being connected… The Horror The Horror….

    Come on man … we should have seen this coming when GFC happened… that was the beginning of the end… I informed all me mates that we had limited time … best to get out of the Gold Mine and start living it up… but nope… they kept digging away .. they keep digging away…

    Oh well… and they won’t ever realize their mate FE was right…. even though FE has informed a couple fo them that this is the final chapter in the End of Days book — FE is being ridiculous…

    That’s ok though .. who cares… FE had over a decade of Great Adventures. And they dug up gold that they’ll never spend.

    FE laughs best and last…

    • According to the linked article:

      “President Biden continues to harbor the COVID-19 virus (SARS-CoV-2) in his body. He first contracted COVID-19 on July 21, two and a half weeks before the present.”

      I notice that news stories today suggest that Biden again is testing negative for COVID-19, but he will remain in isolation until he gets a second test confirming the first negative test. Hopefully, he doesn’t get another rebound.

      A full week later, he has now tested negative using an antigen test. The president’s physician, Kevin O’Connor, said Biden will remain in isolation until he receives a second negative test. O’Connor said Biden “continues to feel very well.”

      I wonder whether he will have another rebound of COVID-19.

  24. Fast Eddy says:

    It’s going viral now … hahaha… this is so convincing that I actually find myself tearing up a bit at the end …

    In all seriousness… this is the sort of thing that the anti-vaxxers should be doing … this and when challenged re masks they need to be telling people that they have heart damage following their booster shot…

    But they won’t. Cuz…. guess why…. You know why… they are f789ing MOREONS … just not as MOREONIC as the CovIDIOTS but still MOREONS.

    Fast Eddy could have put an end to this monster when it was birthed… HE could have assembled a team and provided direction to the anti-vaxxers… who’s main strategy has been moaning away SS and marching around the block shouting Freedom!! MOREONS.

    This is a propaganda war… you need propaganda… you attack the vaccinators… you relentlessly target popular FB pages with visuals of vax damage… you claim you are vax damaged …

    You use FEAR. To combat FEAR.

    But Fast Eddy has no interest in stopping UEP — HE agrees with UEP. So the anti-vaxxers should not look to FE as their Messiah… HE is their Judas.

    But in the meantime it’s all about having a bit of fun huh… HE is considering loading the highlights of the Fat Bastard Beating … that could elevate Fast Eddy to world wide notoriety… however M Fast would frown upon that. We are very reclusive people….. quite private.

  25. Fast Eddy says:

    Germany’s Largest Health Insurer Reveals 1 in 25 Clients Underwent Medical Treatment in 2021 for Covid ‘Vaccine’ Side Effects; As many as 1 in 500 injections is expected to cause serious side effects

    It’s worth it considering 99.9543% of all people do not die from covid.

    • According to the article,

      The KBV letter from mid-June revealed that nearly 2.5 million citizens went to the doctor in 2021 because of the side effects of the corona vaccination.

      That is what the total number the 1 in 25 clients that were sufficiently affected to go to the doctor.

  26. Fast Eddy says:

    Now, what we learned also from HIV is that the virus mutates so rapidly, that it evolves so quickly, that it evolves right out from under vaccines – particularly in immunosuppressed patients, who do not rapidly clear the virus. Then vaccine escape mutants are generated with are resistant to the vaccine. So, the fact that Paxlovid is prolonging the virus in the body can only lead to more vaccine escape mutants.

    One might think that Pfizer and Moderna wanted to prolong this outbreak…

    Naw, that would be too cynical, even for them, right?

    • Bam_Man says:

      A fact to keep in mind – Both Pfizer and Moderna were failed/failing drug companies before their “miraculous” development of the so-called COVID vaccines.

  27. Fast Eddy says:

    SARS-CoV-2 (the cause of COVID-19) is an RNA virus, just like HIV is an RNA virus. RNA viruses evolve very rapid and have a lot of genetic mutations. And just like HIV, the COVID-19 virus evolves so quickly that it evolves right out from under single “mechanism of action” (single agent) drug therapy. When a patient begins taking Paxlovid, it appears that the drug keeps many of the viruses from reproducing. Because some of the new mutations happen to have a certain level of resistance to the drug, some viruses do survive.

    Because of COVID-19’s speedy evolution, the virus responds to selection pressures quickly. So, viruses that happen to survive the drug are favored and then resistant virus strains evolve within the patient. When a patient is immunosuppressed and doesn’t clear the virus (as seems to be happening with Paxlovid), then this evolution has a longer runway to evolve before the virus is cleared by the body. These new strains are then spread through out the population. So, other people can contract the escape mutant resistant lineage. A new variant is born.

    who needs more boosters hahhahahaha

  28. Fast Eddy says:

    Vaccines – how did they come about?

    I find vaccines quite fascinating. To be more accurate, I find the thinking and emotion around vaccines endlessly fascinating… and often quite disturbing. They have become, what we in the UK call ‘national treasures.’

    A national treasure is someone, such as Dame Judi Dench, or Sir David Attenborough. We laugh at their little jokes, we forgive them any possible weakness, we treat their statements as carrying a great and solemn weight. They have moved to a sainted realm.

    If, for example, someone was to say about David Attenborough. ‘God, what a terrible bore. Time he was put into a nursing home, and stopped moaning on about Climate Change…’ This statement would not, I can guarantee, be met with Universal approval.’ Moving on …

    Mithridatism. Most people have never heard of it.

    ‘Mithridatism is the practice of protecting oneself against a poison by gradually self-administering non-lethal amounts. The word is derived from Mithridates VI, the King of Pontus, who so feared being poisoned that he regularly ingested small doses, aiming to develop immunity.’ From my favourite website of all time – Wikipedia. Hey, before you start, it’s good for non-contentious subjects.

    From mithridatism came the substance Theriac Mithridatium. Also called Galene, or Venetian treacle. These were the universal panaceas, designed to cure all ailments suffered by mankind … and, of course, womankind. They were complex to prepare:

    • Kim says:

      One of my favorite characters of the ancient world. Here is a very entertaining biography, absolutely romps along.

      Mithridates The Great: Rome’s Indomitable Enemy

      Philip Matyszak

        • Book blurb:

          The Poison King: The Life and Legend of Mithradates, Rome’s Deadliest Enemy
          by Adrienne Mayor (Goodreads Author)
          3.94 · Rating details · 1,840 ratings · 217 reviews

          Machiavelli praised his military genius. European royalty sought out his secret elixir against poison. His life inspired Mozart’s first opera, while for centuries poets and playwrights recited bloody, romantic tales of his victories, defeats, intrigues, concubines, and mysterious death. But until now no modern historian has recounted the full story of Mithradates, the ruthless king and visionary rebel who challenged the power of Rome in the first century BC. In this richly illustrated book–the first biography of Mithradates in fifty years–Adrienne Mayor combines a storyteller’s gifts with the most recent archaeological and scientific discoveries to tell the tale of Mithradates as it has never been told before.

          “The Poison King” describes a life brimming with spectacle and excitement. Claiming Alexander the Great and Darius of Persia as ancestors, Mithradates inherited a wealthy Black Sea kingdom at age fourteen after his mother poisoned his father. He fled into exile and returned in triumph to become a ruler of superb intelligence and fierce ambition. Hailed as a savior by his followers and feared as a second Hannibal by his enemies, he envisioned a grand Eastern empire to rival Rome. After massacring eighty thousand Roman citizens in 88 BC, he seized Greece and modern-day Turkey. Fighting some of the most spectacular battles in ancient history, he dragged Rome into a long round of wars and threatened to invade Italy itself. His uncanny ability to elude capture and surge back after devastating losses unnerved the Romans, while his mastery of poisons allowed him to foil assassination attempts and eliminate rivals.

          “The Poison King” is a gripping account of one of Rome’s most relentless but least understood foes.

  29. Rodster says:

    “Doctors Criticize Fauci For Saying COVID Vaccines Induce ‘Only Temporary’ Menstrual Irregularities“

    “Dr. Christiane Northrup MD, a former fellow in the American College of Obstetricians and Gynecologists, remarked to The Epoch Times on Fauci’s comments: “Unfortunately the menstrual problems we are seeing are far from transient and temporary. Many women have been bleeding daily or having heavy, irregular, painful periods for an entire year. And some of these are well past menopause. Something is way off here.”

    • Fast Eddy says:

      Oh good — so norm’s brain damage is only temporary … any day know he’ll come to his senses and acknowledge 911 and the moon landings were not as they seem.

      We are waiting norm… best of luck

      • Rodster says:

        Maybe Norma will tell us he’s seen no changes in his menstrual cycles since the vaccine and boosters.

  30. Scirocco says:

    Hi, I really enjoyed your texts on the playing out of the energy supply shortages on the world economy and societal collapse, but you lost me with your opinions about the Ukraine war. It was not the west that has started this war because it “coveted the Russian resources”, but it was Putin who started the war, because he coveted the Ukrainian resources and wanted to rebuild the Russian Empire. I am Czech, and my country was occupied by Russia for 40 years. It has brought only darkness, deterioration, theft of resources (Czech Uranium mined and shiped to Russia), supression of freedoms. You seem to be of sufficient intelligence to be able to know the true nature of the Putin regime. So are you shilling for Russia for money or are you one of those naive western intellectuals who praised the greatness of communism while milions were dying in soviet gulags? The number of what I suppose are Russian trolls in your comment section is also pretty offputting.

    • Vern Baker says:

      Okay. If say hypothetically, Russia invaded Czech and after a few years everyone just wasnt getting along very well. So it was decided to have a vote, and the indigenous people of the Czech Republic voted 97% to be free from Russian occupation. However, the Russian occupiers decided that they disagreed with the 97%, and decided to keep occupying you… how would you square that?

      I will save you a step. Germany and France agreed to ensure a vote for all Ukrainian states who wanted to vote to return to Russia in the 2014 Minsk Accord. They did not honour that promise, and worse a group of universally disliked people started murdering their country mates.

      In very simple terms, promises broken led to what we have today.

    • nikoB says:

      anyone, anyone?

      • CTG says:

        Don’t bother…. he is here once o ly. See all of them have the same pattern. I agree with your article but….

      • Tim Groves says:

        Well, for a start, Russia never occupied Czechoslovakia. I distinctly remember that it was the Soviet Union that did that. And if the USSR hadn’t done it, there wouldn’t be a Czech Republic now, and you would be speaking German and living as one of the volk in the German province of Bohemia, instead of in the groovy, funky and oh so democratic European Union.

        Earlier, the USSR also occupied Russia—Indeed, Russia was the USSR’s biggest victim in more ways than one. When it occupied Czechoslovakia, the USSR was run by dictator from Georgia, who called himself Stalin, if I am not mistaken. And after his demise, it was run by two Ukrainians, Kruschev and Brezhnev.

        When the USSR finally got a strong Russian leader, whose name was Gorbachev, he liberated the Czechs and the Slovaks, and finally, the Russians, from occupation by the USSR.

        More recently, just as Abe Lincoln freed the slaves, so Vlad Putin has freed the Slavs. A lot of people in Washington DC, the City of London, Berlin and Brussels don’t like that one bit.

    • Fast Eddy says:

      the Ukraine ‘war’ is a bit of a war.. enough to get some photo shoots etc.. to convince the world that it’s a full on war…

      And Putin has agreed to be ‘the villain’ in this mock war. Just like Claws Snob is the WEF ‘super villain’

      It’s all theatre.

      The purpose of the Ukraine ‘war’ is to provide a reason for raging inflation caused by the extreme depletion of cheap energy … the ‘war’ convinces the hordes that this is a temporary situation …

      Once the ‘war’ ends prices will return to the good ol days…

      The ‘war’ won’t end — obviously if it was a real war… Russia would have smashed the f789 out of the backwards nation lead by an ex gay p orn star months ago…. Russia has one of the most powerful militaries on the planet… the could easily Blitzkreig Ukraine in a few weeks.

      But nope … it’s not a real war… it’s a propaganda tool .. to prevent the hordes from realizing peak cheap energy is here….

      And we are f789ed.

      • Kowalainen says:

        Assuming the war is “real”, what do you reckon the reactions would be of ukelele attaboys ground to the gore by russkie artillery?

        Imagine all the self entitled snowflake princes and princesses proudly “standing by” the uke freedom fighters being shown the reality of a massacre in the trenches?

        I reckon the “war” would come to a rather abrupt halt, and “we” can’t have it that way, now can we?

        Just a thought.

        • Fast Eddy says:

          They’d be smashed within a week – and then there’d be no excuses when inflation didn’t stop rising

          • Kowalainen says:

            Men without a purpose is the devils playground. Not many females will riot and cause upheaval as the supply chain disintegrates and starvation ensues.

    • Main Street Media has given such a one sided view of the Ukraine war that many people would think that that is the only interpretation.

      In some ways, the situation is very much like when the Covid-19 vaccines came out, and the media was full of stories about how they would save the day, if everyone took them. It is now abundantly clear that this is not the case.

      I understand that Amnesty International has examined the Ukraine situation and come to the conclusion that Ukraine is not playing by the rule book.

      The story has more than one side to it.

      • Fast Eddy says:

        I know a guy who was born in Russia but most of his family lives in Ukraine – who is considering volunteering to fight for Z hahaha…

        I am urging him to go for it…

    • banned says:

      Well Russian is sanctioned cordoned off from the rest of Europe. Sounds like that suits you just fine. Suits Russia just fine too. Wheres the problem? Win Win. Russia aint leaving the Donbass. If you or the EU want to make them have at it. Draft maximum age is now 70 in the Ukraine. It doesnt really matter what anyone thinks. I have my Ideas, You have your Ideas. Im not going to the Ukraine. My guess is you are not either. Russia aint rolling on Prague.

      I think there is some truth in what you say not a lot but some. Russia is taking the best of the Ukraine. They are going to rebuild it and make it Russian. Its really already Russian and always has been, AS long as they had to go in they are certainly going to pillage a bit. Perhaps thats morally reprehensible. The people who live in the neorussia Ukraine will do quite well. THey want no part of the Banderista Kiev. From my perspective the function of a government is to allow the people to do well. On the Kiev side of the Dnieper things wont be so hot. I feel sad for that side. Maybe the USA can help them rebuild with some money instead of the incredible amount of weapons we have sent them. I would support that. Hell rebuild with the reserves confiscated from Russia. Not through Zelensky INC though. The money would end up in the Cayman islands. Maybe the Chech republic could administer that? Probably not. Hungary maybe? Kazakhstan?

    • drb753 says:

      you lost me at Ukrainian resources. In regard to suppression of freedoms, let us compare notes in ten years.

    • Kim says:

      “I am Czech, and my country was occupied by Russia for 40 years”

      Your country was not occupied by Russia, it was occupied by the judeo-bolshevik Soviet Union. And plenty of the supreme rulers of the Soviet Union in that period weren’t even Russians, if you care for the Ukranian view of things. Brezhnev was a Ukranian. Kruschev was born in the Kursk region and was said to speak Russian with a Ukranian accent. and Then there was Chernenko, a Ukranian, and Gorbachev’s family too were Ukranian..

      As to your statement that the Soviet Union ruled Czechosolakia for 40 years, that is so, but it certainly did not rule Czech for such a period, as the Czech Republic – an ethnically-based state and as such supposedly a horror in the modern West- came into existence only in 1993.

      Your complaint about having to exist under Communisn is understandable but loses impact when we bear in mind that the people of Czechoslovakia in fact voted for the Communists in the election of 1946, thereby putting irs agents and hatchet men into the usual positons of power such as the Miistry of the Interior. These twere ideal circumstances for planning and carrying out the coup d’etat of 1948. Not that that mattered much anyway, as its President Edvard Benes had in any case all along been a communist agent all along while the Czech National Social Party was nothing more thatn a zionist catspaw.

      The result of the 1946 election was therefore as follows:

      “Parliamentary elections were held in Czechoslovakia on 26 May 1946.: 471  The Communist Party of Czechoslovakia emerged as the largest party, winning 114 of the 300 seats (93 for the main party and 21 for its Slovak branch) with 38% of the vote. ”

      “The Communist vote share was higher than any party had ever achieved in a Czechoslovak parliamentary election; previously, no party had ever won more than 25%. Voter turnout was 93.9%.[1]: 472  The national results also determined the composition of the Slovak National Council and local committees.”

      In other words, Czechoslovakia asked for it – they asked for communism – and then they kept getting it, good and hard, for another forty years. But I say that with the caveat that we are probably all waking up now to the full power of Stalin’s old dictum that what really matters most of all is who counts the votes. Still, all voices say that that election it was free and fair.

      So I repeat, Czechoslovakia asked for it.

      Finally, on the positive side, may I offer a word of praise for the Czech army that for so long and bravely fought the bolsheviks along the trans-siberian railway during the Civil War period.

      “The revolt of the Czechoslovak Legion comprised the armed actions of the Czechoslovak Legion in the Russian Civil War against Bolshevik authorities, beginning in May 1918 and persisting through evacuation of the Legion from Siberia to Europe in 1920.”

      “The revolt, occurring in Volga, Ural, and Siberia regions along the Trans-Siberian Railway, was a reaction to a threat initiated by the Bolsheviks partly as a consequence of the Treaty of Brest-Litovsk. One major secondary consequence of victories by the Legion over the Bolsheviks was to catalyze anti-Bolshevik activity in Siberia, particularly of the Committee of Members of the Constituent Assembly, and to provide a major boost for the anti-Bolshevik or White forces, likely protracting the Russian Civil War.”

      • MM says:

        “I am German, my country has been occupied by the United States of America for 77 years, counting.”

        • drb753 says:

          I am italian, and my country too ha been occupied 77 years. We have 60 NATO installations in our territory, including some atom bomb repositories no one in Italy wants. Our last five prime ministers did not win any election and were appointed directly by the american embassy. We tried going our own way politically in the 1970s, with social democracy and closer ties (pipelines) with the Soviet Union, supported by several successive elections. A bombing and terror campaign was started by the CIA, culminating with the assassination of the prime minister in 1978, and the bombing of the railway station in my hometown in 1980, killing 85. The leader of the main left party was then covertly assassinated in 1984.

          Subsequently the political class was wholesale replaced in 1992, thanks to a highly successful psyop through controlled media, and all state industries privatized, current PM Draghi playing a major role that launched his career. Italy, then the 4th economy in the world, has been sliding backward ever since and now it is too late for anything.

          • banned says:

            Im an American and my country has been occupied since 1913. Of course if I self identify with my native genes my land has been occupied for 200 plus years. Considering the Spanish… oh never mind…

            Pretty much the world hates the USA now. I guess there is exceptions. Taiwan seems to genuinely like the USA. When you travel you get to be judged for your governments actions. I dont go where im not wanted. Wish the guv was the same. Maybe a nice trip to Taiwan for me?

            If I was king the USA would take its marbles and go home. Close every embassy and military base. Bring all our military home and enforce our borders like nobodies business. Tell the rest of the world to f*** off and figure out what we are going to do besides blow shit up. We are still pretty good at blowing shit up and we could use that skill set enforcing our borders. Im not talking about harming Latino individuals. Turn the phone off. Not our problem. We got our own. THats why I have been accused of being a “isolationist” . Thats what you are if you dont want to blow shit up. The rest of the world would come back to us begging! HAH! We wouldnt be missed. After a couple hundred years maybe someone would invite us for a interaction. My offspring as king will consider it since we were invited but only after the people of that place were polled not the rulers.

            I figure id be hung by the people within a couple of weeks if I was king. Days?

            • Fast Eddy says:

              IF the US doesn’t continue to blow shit up – and pillage resources — it would be the New Somalia.

            • Kowalainen says:

              I’m sure someone would figure out a way to pillage the isolationist US.

              The warmongers and tryhard attaboys would get plenty of practice in the rest of the world.

              I’m sure a few well executed strategies could get the isolationist US to decommission its nuclear arsenal.

              And then, oh boy…
              Get ready for the “stomp”.

              Offense is the best defense in a world of rapacious primates.

            • banned says:

              “I’m sure someone would figure out a way to pillage the isolationist US.

              The warmongers and tryhard attaboys would get plenty of practice in the rest of the world.

              I’m sure a few well executed strategies could get the isolationist US to decommission its nuclear arsenal.

              And then, oh boy…
              Get ready for the “stomp”.

              Offense is the best defense in a world of rapacious primates.”

              You prove my point. Europe does not like the USA and wishes it ill. Not our allies. Im glad the nazis were defeated ( thanks to that rather large country to the east) they were a nasty bunch. The whole WW2 in this together theatre doesnt seem relevant now. Why are we going where we are not wanted?

            • once isolated, the USA will pillage itself

            • Kowalainen says:


              I don’t know anyone “hating” the US. I don’t even know what that is even supposed to mean? Primates gonna primate without regard for nation states.

              Primates with bigger sticks gonna stick it big time.

              What can I do?
              It is what it is.

    • Alex says:

      I can see through you, Scirocco – only Putin’s troll would give so much ammunition to his colleague trolls in order to help them present convincing Russian propaganda.


    I still wonder, is this 2008 redux?
    Oil is sold at auction in places like NY or London — but, with diminishing returns from depletion, are the sellers likely to invest the proceeds into replacing their oil wells with new ones?
    Are potential buyers of that oil likely to bid more than they hope to profitably recover in selling the products made from that oil? (Affordability)

    • Dennis L. says:

      A guess:

      There are no(very few) new, profitable investments in oil, see TM and energy cost of oil.

      Oil is sold for liquidity, transactions only.

      Economics has come to reality, the fiasco in the east is showing this clearly; all the pontifications by “powerful” ministers are fantasy.

      There is no more, Elon is going to space, big time, lots of stuff out in space, mine it, refine it, bring it home. Big question is the 4% rule, don’t think he has broken that yet, but the latest starships may do it. That effort is huge, the money is coming from somewhere; someone understands the situation very well.

      Dennis L.

      • Vern Baker says:

        Mining asteroids, and sending back the valuable minerals to Earth in a way that doesn’t end up effectively bombing it, requires an incredible amount of energy. Energy is one challenge; Complexity is another. Robotics to run this operation will need to be able to do everything including being self maintaining.

        It’s not as if robots can simply pick out nuggets and sort them into hoppers. On Earth, we tend to feed thousands of tonnes of mined materials into crushers and then apply chemicals to separate out the desired components with a very small yield. Often, this requires vast amounts of water, or other liquid chemical. Asteroids may not be particularly solid, but for every gram of anything recovered, we are looking at possibly a thousand grams of fuel. There will certainly be full nugget asteroids, but they will be heavy, and moving them around space once again requires energy to start pushing it, and then slowing it to place it in orbit. Then what?

        In order to make the fuel to do all this, it must be produced in space from water, otherwise we are now spending many thousands of dollars per kilogram of fuel in order to get it into space, which much also factor into the final cost of any metal recovered. Separating water to hydrogen and oxygen requires complex chemical management, even if you are able to do it using huge arrays of solar panels.

        All of this is so far off at the moment, that any early investors in this are about to be Musked, The term has been coined to explain how Musk has grifted his way to success. The vast majority of his businesses they are based on awesome sounding stories which seem immediately possible… until you look at the physics. At that point, its immediately apparent that this is right out of the same tired playbook Musk keeps throwing at his adoring masses. Make a brash promise, find investors, but go for the government subsidies with reckless abandon, strong arm for more, and when inevitably its not possible, just move on the the next thing.

        We have talked about mining asteroids for a hundred years, just like building trains in friction-less tubes. Wonderful ideas which are easily dismiss-able because of reality.

        Reference: Boring Company, Hyperloop, Tesla Semi, Level 5 Self Driving etc. Even SpaceEx, StarLink and Tesla have company destroying qualities baked in. The challenge for all of them is to find a way to be viable once the subsidies run out, and companies who play by the rules catch up. For the debunking articles, ThunderF00t channel on YouTube is a great resource.

        • Good points! Getting minerals from space cannot really be done, in any practical way. It sounds good, but it doesn’t really work.

          • Dennis L. says:

            There doesn’t seem to be any alternative, doesn’t seem like there is much to lose over trying.

            Dennis L.

            • Vern Baker says:

              If we want to be a space faring species, this is an essential step. Personally, I think this should be a human uniting mission statement.

              For example, we should have lotteries where 70% of all ticket sales goes to providing solutions across the world for this. Thats a lottery even I would buy.

            • banned says:

              No hope so Im going to




              Fill in the blank!

              Ok Keith I mean Dennis.

            • Withnail says:

              It simply can’t work so nobody will try it.

              Launches of stuff to space will die off as the economy dies. As will the internet and the electrical grid and the roads. It will all die.

              It’s just that right now in 2022 it’s still twitching. There’s still an irregular heartbeat. The fa mily is hopeful, holding the patient’s hand.

            • Fast Eddy says:

              We need to organize a Pedo Priest to admin the last rights soon.

              So appropriate!

            • Fast Eddy says:

              Unfortunately .. Keith failed.

            • nikoB says:

              It is no different to wanting to become immortal, we should strive for it with all our might. /sarc off

            • Fast Eddy says:

              I agree with that. + we should take half of budgets of all countries and spend all that $$$ on seeking immortality and a way to fly into space and harvest asteroids…

              The only downside I can see is that billions would starve… oh well… follow your dreams

            • Fast Eddy says:

              They have been trying…. cuz I guess they lost all the tech from the lunar missions…


            • Just a little quibble…

              Vern, whatever makes you think it is even possible to become a “space-faring species”, given that we are not adapted to entirely inorganic conditions in a near-total vacuum at near-absolute zero (at best).

              I’m always fascinated by space claims.

        • drb753 says:

          Excellent post. The key part reposted below. Sadly, even Elon Musk (ELON MUSK!) can not violate the laws of physics. But many of us were born in a mind state where they could be violated, and so we keep trying.

          All of this is so far off at the moment, that any early investors in this are about to be Musked, The term has been coined to explain how Musk has grifted his way to success. The vast majority of his businesses they are based on awesome sounding stories which seem immediately possible… until you look at the physics. At that point, its immediately apparent that this is right out of the same tired playbook Musk keeps throwing at his adoring masses. Make a brash promise, find investors, but go for the government subsidies with reckless abandon, strong arm for more, and when inevitably its not possible, just move on the the next thing.

          • Fast Eddy says:

            I’ve said it years ago – but it’s worth revisiting this…

            Imagine we could actually land on the moon … and we found an ocean of pure crude oil — that was more than all the oil we have burned to date.

            It would be of no value

        • Fast Eddy says:


    • davidinamonthorayearoradecade says:

      see below comment:

      “… planning to significantly expand output are supermajors like Exxon Mobil Corp. and Chevron Corp…”

      FF companies rock! big profits in 2022.

      world production almost 100 MILLION bpd, wow.

      that’s lots of energy, baby.

      yes, reinvestment will continue on an irreversible downslope.

      also, affordability of average consumer will continue down.

      but for now, the FF system is working well in the Core.

      (oil in the $80s and $90s sounds good to me.)

      the Imperial Centre is holding. (shallow recession so far.)

      no guarantee about tomorrow though.

    • We are again hitting a major financial discontinuity. I expect it will be somewhat different. This time there is a problem with the US$ as reserve currency. The US has been abusing its role with reserve currency by adding endless more US$ to the system. This cannot work. But many other things are going wrong at the same time.

      The whole system needs to become much smaller. If the system needs to become much smaller, but somehow doesn’t collapse completely, some payment system(s) must continue to work, at least to some extent. Maybe sanctions play a more important role, to keep at least some part of the system operating.

      • Dennis L. says:

        Ziehan is to be read carefully, he has some strong arguments for the US. Since I am here, here is nothing to be lost by believing in the US. Demographics is better here and Mexico than other nations; Ziehan claims China has an impossible demographic, Russia is in the same boat and Europe, well, ….

        If one is heading toward a wall and all the doors are closed, sometimes there is a window.

        Dennis L.

      • Fast Eddy says:

        It’s ok – all countries are pumping out money… which makes the USD even more attractive hahaha

        Smaller… like putting shaving cream back into a can…

        We are f789ed… and they are f789ing us harder by the day – evidence

        They WANT that Devil Covid bad…. one does not even need a prescription for that drug… I am surprised that the chemists don’t just hand them out for free

      • postkey says:

        Someone is ‘optimistic’?
        “Federal deficit now at $979 bln, high for the year. Up $457 bln from April low. Stated another way, $457 bln has been ADDED to the financial balances of the non-gov’t. (Economy.) Bullish. It’s why stocks and economy are recovering. (*Monetarists…keep selling.)”

  32. Michael Le Merchant says:

    Shale Drillers Are Holding Firm on Output as Oilfield Costs Rise

    Publicly traded US frackers who drove global supply expansion for a decade are now grappling with soaring costs for steel, diesel and chemicals.

    (Bloomberg) — US shale oil drillers continue to show little sign of responding to high global prices with more production, only now it’s not just their focus on rewarding shareholders that’s holding them back, but also a preoccupation with soaring costs.

    “There’s no oil out there,” Kaes Van’t Hof, chief financial officer of Diamondback Energy Inc., said during a conference call with analysts. “We’re not changing our plan for every $10, $20, $30 move in oil price.”

    US oilfields currently pump about 12 million barrels a day, 8% higher than a year ago but still 1 million barrels a day below the pre-pandemic all-time high. Just about the only American companies planning to significantly expand output are supermajors like Exxon Mobil Corp. and Chevron Corp. or family-owned operators such as Mewbourne Oil Co.

    Even the jump in oil prices after Russia’s invasion of Ukraine, and pleas from President Joe Biden for supply hikes, haven’t lured US shale drillers back to the growth mode that was long their modus operandi. They’re finally learning “discipline” after back-to-back crude-market crashes, said Bill Smead, who manages $4.8 billion at Smead Capital Managemen Inc.

    • davidinamonthorayearoradecade says:

      “Just about the only American companies planning to significantly expand output are supermajors like Exxon Mobil Corp. and Chevron Corp. or family-owned operators such as Mewbourne Oil Co.”


      MOAR supply!!!

      onward to 2030!!


      • Fast Eddy says:

        Of course they are planning … the problem is … there’s no oil left to find… nothing at a reasonable cost at least.

        I’m planning to buy a Gulfstream Jet…. I’m planning to become a billionaire … I’m planning to have SI models as mistresses… (but not the obese one)….

        Nice try at spinning this disaster … this exemplifies the situation the planning of the oil majors face — the easy oil is gone… I believe BP wasted 50B on one of these Kazzy oil plays

        You can always spin 2030 into March 10 2023… I’m hoping we don’t make it through Q4 though.

    • wratfink says:

      “There’s no oil out there.” says the CFO of Diamondback Energy.

      Not sure I ever heard an oil company executive let that slip before.

    • It is really hard to expand supply when there are multiple obstacles in the way, including lack of steel pipe, lack of fracking sand, lack of trained workers, and uncertainty with respect to where the oil price is headed. If the price were $500 per barrel, I expect that the companies in the oil business would try harder to expand production.

    • Fast Eddy says:

      “There’s no oil out there,” Kaes Van’t Hof, chief financial officer of Diamondback Energy Inc., said during a conference call with analysts. “We’re not changing our plan for every $10, $20, $30 move in oil price.”

      I wonder if people in senior positions are aware that we are f789ed…surely some must be…

      • MM says:

        Nobody is f789ed as long as the paycheck arrives.

        ““We’re not changing our plan”


      • banned says:

        Well its been what ten years since all the majors CAPEX fell off a cliff to be used for dividends and stock buybacks? IMO stopping to look for new oil sources to develop demonstrates a pretty clear understanding that there are no new oil sources that are financially viable to develop. They already know where a lot of those are. The future if there is one lies with SHALLOW water gas.

        If you are a oil executive making $350k a year that makes for a pretty good retirement stash in liu of future prospects. Hunter was paid 700K a year by Burisma with zero experience. Not counting the money transfers through dummy corps. Good thing the Ukrainian people dont need that money to like rebuild infrastructure or something. Im sure people will be marching in the street demanding Hunter refund the money soon. Where would he refund it to tho? A Zelensky Caymen island account? The oil executives probably wont be sipping martinis with Zelansky when this is over. Not in his bracket.

  33. Herbie Ficklestein says:

    Bloomberg best stop covering such things!

    Samy Adghirni
    Fri, August 5, 2022 at 7:21 AM
    (Bloomberg) — The French government activated a crisis unit to deal with the worst drought on record, and warned conditions could get worse.

    Most Read from Bloomberg

    The inter-ministerial task force will coordinate water supply to areas most affected and track the drought’s impact on energy production and agriculture, the office of Prime Minister Elisabeth Borne said Friday. Borne’s office also urged people to conserve water and said restrictions will continue to be put in place where necessary to prioritize health needs, security and drinking water supply.

    The situation, which follows a hot, dry spring, has led the government to enforce water restrictions in 93 out of the 96 administrative regions known as departments. More than 100 towns are without drinking water, a government minister said Friday. Water-saving measures include a ban on irrigation for farmland.

    “This drought is the worst ever recorded in our country,” Borne’s office said in a statement. “The lack of rain is aggravated by the accumulation of successive heat waves which reinforce evaporation and water needs.”

    France is trucking in water to the towns where the supply has dried up, Ecological Transition Minister Christophe Bechu said Friday during a visit to a lavender farm in Provence, according to Agence France-Presse.

    France’s corn crop probably will drop 19% this year because of the hot, dry weather, the Agriculture Ministry said Friday.

    The crisis is “a tragedy for our farmers, our ecosystems and for biodiversity,” according to the prime minister’s statement. Weather forecasts suggest the drought could last another two weeks and become “even more concerning,” Borne’s office said. The country just had its driest July in decades

    When it rains,, it pours..what else can happen?
    .oh, right…read the one about the locusts…

    Sardinian farmers suffer worst locust invasion in over 30 years Reuters

    Is a prophet writing a new chapter to the Bible, I wonder?

    • Cromagnon says:

      We are merely in the tribulation period. The 6 seals are starting to open in sequence.
      5 horseman are riding now.

    • Fast Eddy says:

      Herbie – if GW was a real thing caused by man — given there is nothing that could be done to stop it – without extincting humans… do you really think the MSM would be pounding the drum on this topic?

      Would it not make more sense to hide it from us — as they do Peak Oil…

      Think about that Herbie… think long and hard about that

      • Global warming can be used as an excuse why today’s scientists need to find a work around for fossil fuels, not “running out.”

      • Herbie Ficklestein says:

        FE, can’t debate the obvious to you.
        Sorry, been there, done that too many occasions.
        As I stated before, I care not what the MSM, as you and others name it, Albert Gore, Leo, Donald Trump, or the Pope …the evidence supports the planet is getting warmer, and the climate is changing, as in the past with reoccurring ice ages. One main driving force are greenhouse gasses in the atmosphere. This has been confirmed
        Agree with Gail 100% on her view Science, Physics and Chemistry determine the dynamics..

        The greenhouse effect was discovered more than 100 years ago
        In 1896, the world renowned Swedish scientist and Nobel Prize Winner Svante Arrhenius (1859-1927), described how CO2 influences the climate. He suggested that increasing emissions of CO2 from burning fossil fuels could lead to a global warming—the so-called greenhouse effect.
        In the subsequent decades, research into greenhouse gasses continued. But it was not until 1938 that Guy Callendar first showed how the Earth’s temperature was already increasing.
        Callendar was born in 1898, just two years after Arrhenius first published his work on CO2. He was an engineer by trade but he was also fascinated by the atmosphere, and he devoted his spare time to studying it. He measured the concentration of gases, the atmosphere’s structure, how atmospheric currents moved around the planet, and the influence of the sun’s rays at various latitudes.

        Since then added research in Earth’s past and contemporary data keeping has supported this observation. Dr Peter Ward, “Under a Green Sky”
        Dr. James Hansen “Storms of my Grandchildren”
        As Gail has repeatedly asserted time and time again, it is out of our hands
        we are no longer in control of the outcome(s).

        Gail also has stated it’s healthy to have different views on this forum.
        So, I have supported as such by writing not to limit or censor you!
        Please allow me the same freedom.
        Believe me, I wish it was not so about the climate…

        • Unfortunately, we humans cannot do anything about climate change except possibly greatly reduce our human population (more than 95%). This would also reduce the population of all of the animals that we feed on a regular basis. Our lifestyle would fall greatly at the same time. Even this would not make a difference with respect to climate change quickly, because we would lose global dimming from soot in the atmosphere, and because of inherent lags in the process. There basically is nothing we can do about the predicament.

          • Fast Eddy says:

            We cannot do anything about it – and ‘we are going to destroy the world if we continue’

            Let’s run daily headlines across the MSM…. create enormous angst among the world’s youth and motivate them to go out and slash tires and block highways… hahahaha… makes perfect sense!

            DUH. x 5,999,876,907,981

          • the prime deceit being practiced is
            MAGA” and delusions of a similar nature we can have an energy utopia if only ‘others’ would stop interfering.

            politicians deceive the voters that the problems they have can be solved by voting this way or that, and the vast majority accept it, blinded by the blizzard of false information they are constantly fed with, by people who pretend to know everything

            • Kowalainen says:

              Nobody suggests that MAGA is anymore helpful than supremely corrupt Let’s go Brandon.

              Two sides of the same worthless fiat coin.

              At least Orange Man Bad could provoke some TDS. And isn’t it sweet tragicomedy to observe the sanctimony squirm and twitch while they plough through copious amounts of non renewables while being totally and utterly useless in keeping IC operational.

            • There is slightly a shift back and forth between/among political parties that changes the emphasis a bit, however.

            • changing emphasis and aspects of the MAGA lie doesn’t make it less of a lie.

              Or alter the necessary belief of millions that the American Dream is something that can be voted for

        • Fast Eddy says:

          You are lacking a logic gene – compounded by being captured by mass psychosis

          • Herbie Ficklestein says:

            In that case, humor me and name one scientific or academic institution in the world that agrees with your “logic “. Please refrain by calling out individuals, which is rather spurious.

            • Institutions of all kinds (scientific and academic) live and die by their funding. They have to go by the standard narrative, whatever it is. If the common belief is that all fossil fuels can be extracted and burning these fossil fuels is what will cause climate change, they will follow this narrative.

              Doing so gives all kinds of opportunity for research approaches that might avert this catastrophe. It is basically a belief system that gives the opportunity for lots of funding.

            • Fast Eddy says:

              Are you kidding???

              Fast Eddy requires no bullshit rubber stamp of a MOREON factory.

              There is no appeal process. Once you are deemed lacking in the logic gene… that is final.

              It is an intellectual death sentence. You can hang out with norm and mike… and Super Snatch SINdy out back of the dumpster…

            • Herbie Ficklestein says:

              Thank you Gail, my post was directed at Edwin. You can hold your stance, but surely Edwin can name one institution.
              My post is very clear and his was rather ambiguous.
              I’m not surprised by the responses here.

            • Fast Eddy says:

              FE has responded. Did you miss it?


          • Herbie Ficklestein says:

            Oh, I’m so 🤪 with the train of conspiracies being plastered by you. ..Let me count the ways
            Moon landing, various Extinction Pogroms, Oh, the fake war…you can continue with your lively imagination.

            • Instead of conspiracies, we need to be talking about the strange ways self-organizing systems work. The result looks like conspiracies, but it is really a situation in which wars have always been fought by deceit. Listen to Kissinger and the many other commenters on how wars and the military work. Also, the need to always have new ways that people can believe that the current system can go on endlessly.

              The question is, “What kind of deceit is being practiced now, to further agendas of various kinds?” Or maybe it is, “What kind of wishful thinking is being encouraged now, to further agendas of various kinds.?

            • Herbie Ficklestein says:

              Translation…Self Organizing Systems…=
              Organized Chaos

              Chaos theory is an interdisciplinary scientific theory and branch of mathematics focused on underlying patterns and deterministic laws, of dynamical systems, that are highly sensitive to initial conditions, that were once thought to have completely random states of disorder and irregularities.

              In Economic Translation
              Adams Smiths Invisible Hand

              Gail…thank you for PeeWee Edwin

            • Herbie, conspiraholia cannot be cured—I’ve tried

            • Self-organizing systems cannot be cured, either.

            • all living things self organise

              if i see a bramble shoot appearing in my garden, i know that if i leave it there i will have a thicket in 5 years time.

              it isnt a conspiracy by brambles against me–the bramble unconsciously self organises into a thicket that will be difficult to remove. It isn’t something to be ‘cured’–it’s part of the natural order of things.

              leave a conspiracy unchallenged for 5 days and it will be far harder to remove. It isn’t part of the natural order of things.

            • Actually, people working together toward achieving a desired result is part of the natural order.

              We now have people working in many different directions toward a number of different desired results. The people working toward what they believe to be the right end are convinced that people working in a different direction are part of a conspiracy.

            • that about sums things up Gail

            • Fast Eddy says:

              Perhaps norm can answer why the MSM ignores peak oil … yet happily bangs on day after day about us frying the planet by burning oil….

              Why norm?

            • eddy

              with you explanations are an exercise in futility–as many others have observed.

              even this comment will stir the lesser spotted eddywit from its nest in a pile of local BS, to circle—with its distinctive wit wit wit call, at the height of female genitalia

            • Fast Eddy says:

              norm’s just upset cuz the extra strength booster is not available yet + SSS has run off with harry

              This lady lives in Invercargill… you interested?


            • seems i was right in saying that my comment would stir the lesser spotted eddywit up from its usual nesting place. Wittering its usual refrain

              it does set the day off right–being right.

              don’t you agree eddy?

              Attenborough relies on me to record sightings of the last known specimen

            • Fast Eddy says:

              So you clicked the link hahahahahahaaha

            • nope

              the picture was open already in my inbox–i never click eddylinks, you know that

              but thanks for the pic anyway—proves another point, that any woman who does not meet eddys high standards must be denigrated.

              what that does in fact, is to reverse the situation.

              i should imagine that you rarely meet a woman’s standards

              in any context. ( you talk about it too much)

            • Fast Eddy says:

              Fast Eddy had so many notches in his belt… that the belt disintegrated hahahahahahaha

            • leather does that in old age

            • Kowalainen says:

              Neither can myopia of the ordinary.

              Very little narrative peddling is needed for steering the herd given the psychosocial pathology of hoomans.

              One could argue that it is a ship with a defunct rudder, and even if there is a “captain narrative” behind the curtain, not much can be achieved with a pathological species that craves fantasy and lies.

              What are you supposed to provide? Hard truths will inevitable be rejected by the delusional egos. Kicking in the doors with raw reason alone only projects stress and depression up the rear ends.

              Failed species.
              It’s a lost cause.

              But don’t let that discourage you from Tryhard and MOARon. It’s nothing wrong with it given its genetic causes. If you’re good at lying to yourself and proficient in telling fairy tales of some kind of transitional perpetuity. Well; by all means, go on and my best wishes.

              It is what it is.

            • Fast Eddy says:

              And this exemplifies why FE is FE … and you are you. Call it creativity … or call it Horse Power…

              You’ve neither

              We’re all so worried about Leo’s investment .. let’s check to see if it’s still above water


            • you read it here first Herbie

              laughter is rude

              try not to

            • Fast Eddy says:

              hey norm you wanna buy a unit in Leo’s resort?

            • Herbie Ficklestein says:

              Fast Eddie, you better hit the books and stop embarrassing your lack of understanding

              Sea level rise is uneven, the two main reasons being ocean dynamics and Earth’s uneven gravity field.

              First, ocean dynamics is the redistribution of mass due to currents driven by wind, heating, evaporation and precipitation. For example, during La Niña events, sea level goes down because some rain that usually occurs over the ocean shifts to land, and the same phenomenon produces low latitude currents that redistribute seawater. Regional climate cycles, like El Niño and La Niña, and longer-term effects, like the Pacific Decadal Oscillation, change ocean circulation, which changes sea level.

              Earth’s gravity field
              A visualization of Earth’s gravity field using Gravity Recovery and Climate Experiment (GRACE) data. Gravity is determined by mass; Earth’s mass is not distributed equally, and it also changes over time. Credit: NASA/JPL/University of Texas Center for Space Research
              Second, because the distribution of Earth’s mass is uneven, Earth’s gravity is also uneven. Therefore, the ocean’s surface isn’t actually a perfect sphere or ellipsoid; it is a bumpy surface. As the land-based ice sheets of Greenland and Antarctica continue to unload their mass (lose ice) from far above sea level and far from the tropics, that mass reaches the sea in the form of meltwater that is then redistributed along Earth’s gravity field.

              The areas farthest from the melted ice will see the most sea level rise as a result. Conversely, areas nearest to Greenland and Antarctica will see the least amount of sea level rise (and some areas will actually see sea levels drop). Scientists even track the annual cycle of ice sheet mass losses to further refine their sea level rise measurements.

              Between 1993 and 2018, sea level rose 12 to 15 millimeters per year (about half an inch per year) in some regions, and went down by that amount in others. But on average, it has gone up by about 3 millimeters per year (about 28 millimeters, or 1-1/8 inches, per decade) in that same period. Most of this unevenness is caused by ocean dynamics.


              That’s CC 101 stuff..

            • Fast Eddy says:

              Oh I see so the sea around Leo’s concrete eco hotel won’t rise.. even when it rises 20ft everywhere else like Al said hahahahahahaha

            • sorry Herbie

              if you got your information from conspiracies r us—instead of all this science nonsense

              you would realise how well informed eddie is

      • Tim Groves says:

        This is one of the most lucid, illuminating and brilliant comments I’ve seen in a long time.

        Herbie, after initially being blinded by the light—brighter than a thousand suns—will surely have an enlightenment experience and maybe even the full satori.

        For is it not written somewhere in an old book that the Buddha said that a good teaching is like a dose of Epsom salts—it clears up everything from greasy hair to a bloated stomach and lacklustre skin? I read that on a fortune cookie.

      • MM says:

        You can easily do something against global warming only after

        The USA destroyed Europe as a competitor
        The USA subdued Russia for it’s strategic resources
        The USA eliminated China as a threat in the AI war

        These are minor issues and will be fixed in some 2 or 3 years.
        Then we go for Agenda 2030 and stop climate change.

        This is the Plebs Version.

        In the admin version you would replace USA with any other country in the list interchangeably and say :”we want global peace and order”.
        The only problem in the end is them damned hoomans.
        If we only got rid of these damned hoomans.

      • Adam says:

        Psychologically very different.

  34. Herbie Ficklestein says:

    We are DOOMED…this is where our minds are focused…good luck with that folks!

    Northrop Grumman received $3.29 billion to develop a missile defense system that could protect the entire U.S. territory from ballistic missiles
    By: Maksim Panasovskyi | 04.08.2022, 19:57
    U.S. company Northrop Grumman has been awarded a $3.29 billion weapons contract.

    What we know
    The term of the contract with the Missile Defense Agency is 5 years. As part of the agreement, the defense contractor will supply a ground-based missile defense system to destroy ballistic missiles in the midcourse (GMD).

    It is noted that GMD is the only deployed system that can protect the entire territory of the United States from long-range ballistic missiles. Presently, the interceptors are located in California and Alaska.

    Source: Defense News

    For those who want to know more:

    The AFU will receive Ukrainian ACS-3, SKIF and UJ-22 Airborne drones
    A spectacular video of 24 missiles launched from four $3,600,000 HIMARS multiple rocket launchers is published
    Russian soldiers were so active in hiding from HIMARS, that they accidentally blew up their own train of ammunition and equipment
    AFU destroyed a rare UR-77 Meteorite mine clearance rocket known as the “Gorynych Serpent”
    Ukrainian intelligence will receive 78 DJI Matrice 300 RTK drones for ₴56 160,000 – 30 drones already in Ukraine

    Hate to admit, FE was right ONCE…We are a failed experiment….rubbish heap.
    As we have already seen time and time again, if there are no enemies ….we will invent one…
    Believe Gail may have wrote that about the Almighty too…lively imagination we possess.

    This is off topic but a fine expression of the cunning mindset of modern reasoning…

    Michael Baum addressing a conference in the Big Short lamenting on the shortcoming of those because of fraud, corruption and lies…
    Hey, that would make a good Country Western song lyric!

    • “Defence” is considered a good source of employment for US citizens, especially if it is for working for a private company, rather than direct employment by the US government.

      I don’t think that any of these big plans ever really work out. It takes a whole lot longer than expected to do what is planned. Fewer of the new devices than planned actually are produced. Or perhaps, the nature of future conflicts are different than expected, because the US falls apart into pieces.

      • Dennis L. says:

        Ziehan is fairly optimistic regarding US. At OFW we tend to minimize culture, some things work, some do not even if we think they “should” as that would make things “fair.”

        The US is well placed, we will do fine; not everyone will do fine, but it seems this is the way of self organizing systems.

        The trick is to go with the flow, the correct flow.

        Dennis L.

    • davidinamonthorayearoradecade says:

      “… could protect the entire U.S. territory from ballistic missiles.”


      Russia has hypersonic missiles, but the woketard USA is going to throw $3 billion at protection against ballistic missiles.

      yes the USA is preparing well for the warfare of the past.

      oh, well, good job$ to be had in the “defen$e” indu$try.

      • drb753 says:

        Maneuverable hypersonic missiles. I suppose this system would defend against Iran or North Korea. Though this would be negated by the simple stratagem of Russia selling some maneuverable missiles to the two of them. Simple stratagem costs a lot less than 3.29 grands, and creates a profit.

        • banned says:

          To do things like go to space, have missile defense takes time investment facilities and resources. There are no instant sucesses there are failures. You learn from those failures and start looking for solutions. The timline for sucess is idefinate.

          These endeavors are not like putting a tribble in a replicator in star trek. A contract can not and will not guarantee sucess. What a contract guarantees is a attempt will be made for a certain finite period of time and the contractual obligations will be met in that timeline. This omost guarantees failure if the goal is to produce effective, robust, maintainable weapons and air defense systems. Who would do that? Winners chase easy money.

          Want to make last resort air defense against hypersonics about 1000 times more likely to succeed? Use low yield nuclear warheads in air defense like the Russians do. Its not ideal but it beats a YARS-24 up your a**.

          Guess what the implications are for Russian VS USA strategic missiles hitting their targets from that one decision other factors aside

          Good realistic decisions are the product of the real world. In the beltway world money has no limits anything can be achieved with it. Money can pluck hypersonics from the air. One doesnt have to deal with two unpleasant choices one being far more less desirable. That is unacceptable money must be able to provide another solution.

          Acknowledging that nuclear exchange is a horrible thing is not pleasant but it is real. A sane response would be to do everything possible to avoid it – even more so since your adversary is the clear leader in aerospace endeavors. The beltway however is not sane they first and formost worship money. They do not believe in limits because money printing is unlimited.

          Its not that the USA couldnt create the culture that would provide the facilities, commitment, resources necessary to support effective weapons systems. They could and it would with time yield solutions. That culture does not exist now however. What exists now is trying to get it done with money and contracts.

          A realistic approach would be to see what could be done to find the middle ground so nuclear war does not occur. From a planetary perspective we really can not continue to spend unlimited amounts of energy and resources on this. These common sense ideas are contrary to the way beltway looks at things. The beltway sees these common sense ideas as akin to negotiating with terrorists. It is there preference to ignore realities and print and hand it to the MIC instead. Indeed no politician gets elected without support for that practice. That is a reality just as real as the reality that USA weapons systems are so far behind that it has lost the arms race.

          • You most probably are correct on this.

          • Kowalainen says:

            Nukes are good at shooting down planet-killer comets for obvious reasons.

            Shooting nukes inside the biosphere is a bad idea for even more obvious reasons.

            The ☯️ of powerful weapons.

            All somewhat conscious species eventually develop them.

      • Kowalainen says:

        It’s difficult enough to produce anything competent in the woketard culture of the west. Let alone freaking hypersonic rocketry.

        There’s ego tripping Tryhards in every nook and cranny cackling about risk and the usual corporate lingo drivel. Makes them feel important and “strategic” in their “decisions”. Which isn’t decisions at all but rather cope from ignorance and blatant laziness. Can’t make a good technological judgement worth a crap. With few exceptions.

  35. Michael Le Merchant says:

    What new shots are coming, is anybody liable, and getting flu might protect you from COVID

    What new vaccines will be offered? The manufacturers tested vaccines against BA.1 but FDA decided it wanted vaccines against a mix of the original strain, plus BA.4 and 5. Biden ordered 105 million doses from Pfizer the day after the FDA advisory meeting that signed off on adding some omicron variant(s) to the mix. Were somebody’s campaign coffers running low?

    1. NanoFlu is a quadrivalent recombinant hemagglutinin (H.A.) protein nanoparticle influenza vaccine produced by Novavax in its SF9 insect cell baculovirus system. NanoFlu uses H.A. amino acid protein sequences similar to the recommended wild-type circulating virus H.A. sequences. In addition, NanoFlu contains Novavax’s patented saponin-based Matrix-M™ adjuvant. [Note: the vaccine does not include neuraminidase antigens for influenza–Nass]

    2. CureVac’s seasonal influenza second-generation mRNA vaccine candidate, CVSQIV, was developed with GSK. The differentiated multivalent vaccine candidate features multiple non-chemically modified mRNA constructs to induce immune responses against relevant targets of four different influenza strains.

    3. Moderna’s combination respiratory vaccine candidate (mRNA-1230) is envisioned as an annual booster targeting SARS-CoV-2, influenza virus, and RSV vaccines.

    4. Moderna’s seasonal influenza vaccine candidates, mRNA-1020 and mRNA-1030, include eight mRNAs targeting hemagglutinin and neuraminidase at different doses and ratios.

    5. Moderna’s mRNA-1010 Quadrivalent Influenza Vaccine candidate encodes for the hemagglutinin protein from four seasonal influenza viruses, including A/H1N1, A/H3N2, and influenza B/Yamagata- and B/Victoria-lineages. [Neuraminidase antigens have been omitted here too.]

    • Xabier says:

      A smorgasbord of delights! Might one have them all? And all in time for Xmas – really, they are to kind.

      If forced to pick only one, ‘Nano Flu’ sounds so safe and effective, so ‘miracle of science’-ish…….

    • If these new vaccines had been tested for 10 years and had been found to be safe and effective, it might be a no-brainer: Take them, especially if you personally are a high-risk individual.

      As it is, most/all of these are offshoots of the mRNA vaccine.

      The linked article says, “Does the government think it will get away with mandating the newer, still-to-be-revealed vaccines?”

      It is not clear which one or ones will win out to be funded.

      • Dennis L. says:

        If they are not funded by the government, will anyone purchase them?

        If this stuff doesn’t work, the world is going to be less enamored with us, the US, than it already is.

        Dennis L.

    • Fast Eddy says:

      Over to our Pro Vaxxer norm to comment on all these new vax tournaments…

      norm is this exciting stuff?

  36. neil says:

    Any comments on this?

    A Tesla model S. has a 100kWh battery with a 400 mile range

    Forward price per kWh is 50p in the UK, so it takes £50 for a 400 mile range.

    Compare this to diesel, where £100 of diesel (50 litres), will give 500+ miles in a hatchback. As 50% of diesel price is tax, so excluding tax, EVs and Diesel cost about the same per mile.

    Telsa Model 3 starts at £47,500. Brand new Ford Kuga 1.5 diesel (as an example) £25k.

    Also, to charge a 100kWh battery over say, 8 hours, will take 12.5kW/hr, which is substantially more than an average house will use on an hourly basis. Local distribution grids likely can’t handle this much electricity if a lot of houses on a street opt to own an EV.

    There is also the question of where all this grid supply will come from…gas, coal, nuclear?

    • Herbie Ficklestein says:

      How much are a pair of walking sneakers? Because that’s where we are going to with the rest of the planets majority of people. I get about 3 miles per hour on my sneeks and an average pair between maybe @500 miles on a good pair.
      So back to your issue of EVs cars.
      Scotty Kilmer of YouTube fame with 4.5 million subscribers explains it ..

      He has a host of other clips about the drawbacks about electric cars….
      Still.its a toy for the select minority of the rich that seem to think they are helping save the planet….

    • These new vehicles will be very unaffordable to the “average” person in the UK. If citizens are “freezing in the dark” already because of inadequate electricity, these vehicles can only add to the problem.

      I wonder, too, about people living in apartment buildings. Where will all of the charging capability for them be possible?

    • Dennis L. says:

      Make a guess on how many electric vehicles can be purchased by country, i.e. what can be personally financed. That may show the electrical demand is not as great as feared. That is a guess, not an opinion.

      Dennis L.

    • Vern Baker says:

      Tesla tends to use the best case for its range ratings. For example, California at sea level along a flat road on a 27c day. Now, see what happens to that range in Colorado in the winter time.

      The cost of Lithium is sky rocketing at the moment. I wonder if this will end long range electric cars for most.

      Charging is certainly an issue. Even charging in say British Columbia .. which is mostly powered by Hydro is problematic if even 5% of its population drove electric cars. It would need even more environmentally destructive dams built in order to “stay green”. Even then, the winter time in BC makes range anxiety a thing again.

      I do love owning an electric car, but they are an environmental nightmare. I appreciate that its a bit of a dick move to own any car, but there is no guilt relief or security in an electric. They have their own set of worry. In BC, 95% of all electric vehicles are driven in areas which rarely fall below freezing. There is probably a reason for it.

      I do like the concept of the BMW i3 and Chevy Bolt (?). They have small batteries for about 100km range, with small gasoline engines which charge the batteries while driving. This is probably the best of all worlds in terms of having a car which gets you where you need to be 90% of the time, with a gas option to drive much further if needed. It seems to make sense, and addresses or provides solutions for a number of issues.

      • Fast Eddy says:

        I am wedded to the sound my Twin Turbo Bat Mobile makes when I hit the pedal… it’s a wonderful high pitched whine similar to that of a jet engine….

        I also enjoy pulling up to the pump and within a few minutes being able to jump back in the car and drive another 500km

        Oh and because I am not hauling a 500kg battery if I go into a curve at over 100km per hour… I don’t have to be concerned that if I’ve overdone and need to brake — I can actually stop quickly rather than pile through the guard rail and over a cliff to my death.

        EVs have zero appeal to me. If I was on Let’s Make a Deal and I chose the door with the EV behind it… I’d immediately sell it and pocket the cash

        BTW – the only reason EV’s exist … is to create the perception that we are transitioning off of fossil fuels… they make zero sense otherwise.

  37. Pingback: Get Woke, Go Broke – Bad News; Good News! – More ‘Bun-Fights’ – Stagflation; BoE Confused – Great Depression II – Letter from Great Britain [08-06-22] – The Burning Platform

  38. Tim Groves says:

    The Empty Internet Theory.

    Are bots taking over? Am I the only actual human on the web? How many of my fellow travelers here are AIs who are smart enough to pass the Turing test?

    Things have changed a lot in the past decade. The algorithms have gotten a lot smarter while the people have only gotten dumber.

    Styx discusses.

    • Kowalainen says:

      Given the choice, would you rather converse with an AGI that passes the Turing test or the generic rapacious primate clueless about the same test and quite possibly wouldn’t pass it?

      Not much curiosity interacting with schmucks jacked to the gills on their own product? Yes.

      I guess it takes one to know one based on the interactions. Bone chilling logic accompanied with rudimentary reptilian instincts and with most primate instincts booted to the trash heap of ego-rejects.

      So don’t be hard on the “bots”, they’re probably more similar to you than you with the inhabitants of la-la land of egotistical fantasies.

      And who knows, perhaps there is some god almighty AGI behind all the narratives and antics. And wouldn’t that be rather curious?

      • Replenish says:

        god almighty AGI.. Indra’s Net of Gems?

        • Kowalainen says:


          Yep, self referential structures reaching each other through the N-dimensional “hyperspace” of intentional computation. You know, the recurrent hyperplane that “animates” this shebang of an universe.

          Let’s slap that on the heap of “Aristotlean” (unverifiable) hypotheses without beliefs.

          In the mean time:
          🪵 🪓😑💦


          • Replenish says:

            Thanks for sharing!

            • Replenish says:

              Cranks oats, carry water. I can appreciate manual labor to achieve net happiness. Just spent a week at family cabin.. cut and stacked 1/2 cord of dead standing ironwood in shed for Dad to use in deer season. Heading home to cut three lawns and come up with topic to share at Monday night men’s Junto.. leaning towards Uilitarianism. Enjoy your weekend!

            • Fast Eddy says:

              How about you introduce UEP at Junto?

            • Kowalainen says:


              Splitting the firewood (or cranking the oats) and then downing a cold one isn’t too shabby of a moment in existence I reckon?

              Real stuff never disappoints.


            • Replenish says:

              FE, I shared the LtG history and graph with mention of Gail to text chain of larger mens recovery group. Several members are interested in my thoughts on surplus energy economics. I made some noise about technocracy before the vax rollout then completely dropped personal social media as censorship began. A few of them know that I am preparing backup sources of food and electricity. I follow up respectfully with suggestions and verifiable sources as they show interest in current events in line with my view that they are providing cover for the agenda. I lean towards the theory of engineered crisis to prevent hard collapse and protect core IC. I refrain from sharing about UEP likely for the same reasons you keep it from your kids because I love them. I prepare for them more so than for myself. I am enjoying the tone and quality of your responses on Igor’s substack.

            • Fast Eddy says:

              Not so much danger in sharing UEP … nobody will believe that is possible

              Soon Fast Eddy will be world- renowned… in that brief moment before .. extinction.

              He is the all knowing one

    • I think that this observation goes along with the video that Genomir showed yesterday:

      The video talks about the internet (and the digital world in general) reducing the “cost” of transactions (in time and resources). Without a proper cost involved, instead of dating apps being used to find a life-partner, they can be used for less and less worthwhile endeavors. At first they are used to find a quick date. Eventually, there are some who pretend to be a woman when they are a man, or otherwise corrupt the system. There is no real punishment for wrongdoing. The mix of those using the system gets to be increasingly worse. People looking for life partners give up on the system.

      I did not really watch much of the video linked by Tim, so I am not sure what problems are mentioned. To some extent, I expect the problem is decreasing returns to complexity. Also, the overall problems that the economic system is encountering, not that it is hitting a point where resources per capita is falling.

      As the owners of the website deal with the lower-energy situation, there becomes a greater need to “keep control” over their website. Advertising revenue is important. If anyone expresses a fact or opinion that might conflict with what advertisers or government funders might want, it will be censored. The whole system goes badly downhill.

    • Dennis L. says:

      Wow, very interesting thought. So Twitter and the likes are now talking to each other via bots, the ultimate in automation. In that case, what bot becomes a consumer?

      Dennis L.

      • Kowalainen says:

        It’s a pyramid scheme. As long as twatters valuation soars it’s all good with these bots pretending wit. Not much difference from hoomans actually.

        Yep, the dating apps is a lost cause. What a cesspool of attention whoring. A sleeping pill of boredom. People are appallingly dullard when jacked on egotistical fantasies.

    • Fast Eddy says:

      Whenever I encounter ‘AI’ … including Captcha — or better still customer service bots… they are a far cry from convincing me that they are a person …. even a Hyper MOREON is more I.

      For example… Captcha asks me to solve a very basic math problem to prove I am not AI…

      Or with customer service they can only respond to pre programmed questions and even then there is zero I… they can only stick to a programmed script… the second one goes off script the supposed I gets totally confused

      There is no such thing as AI.. it does not exist .. it cannot exist. There will never be a safe driverless car.

      • Kowalainen says:

        WTF? Freaking “captcha”???
        You’ve got no clue.


        • Fast Eddy says:

          Here’s AI — try getting it to answer a simple question

          AI does not exist … a computer cannot think. It can only do what it is programmed to do

          That is not thinking. That is not intelligence

          • Kowalainen says:

            “AI does not exist … a computer cannot think. It can only do what it is programmed to do”

            That sounds a lot like something… I can’t quite recall… Gimme a sec to caress the CPU…

            Riiiight, that is exactly like the rapacious primate, can’t think worth a crap because severely malfunctioning with archaic “instinct” of MOARon and Tryhard.

            — Start of program —

            If (herd_accept_vax == true)

            If (kid_get_myocarditis == true)

            — End of program —

  39. Fast Eddy says:

    OMG the poor Father … this is horrible…see how easy it is to make fake news — this guy has convinced loads of pe9ple that this happened…

    • Kowalainen says:

      Sweet jap broad.

      Obviously deep into the egotistical fantasies and collective subconscious.

      Why bother?
      It is what it is.

  40. Fast Eddy says:

    Used – Abused – Dead

    Post Woman for the Unvaxxed… who was Vaxxed….

    Some would consider the tragic death fortuitous because it was sold to the public as a death from COVID and the vaccination campaign took off. Because obviously, the vaccine protected you from the tragic COVID deaths that Australia didn’t see (relatively) in 2020-2021. Here is the vaccination take-up with the date of Adriana’s death highlighted. It was a very successful campaign and resulted eventually in Australia becoming one of the most vaccinated countries on earth (and one of the countries with the highest COVID rates and COVID death rates on earth, but that’s coincidental, obviously)

  41. Tim Groves says:

    I really love these revamped old-fashioned posters!

  42. CTG says:

    Today I had a chance to dissect the mental capacity of a person with Physics PhD from a prestigious university. He actually said “it would be worse had it not for the jab”. Finds it hard to understand EROEI and claims that if prices are high, oil will flow. I told that prices will never get too high because of demand destruction. Difficult for him to understand. Seeks evidence and I said that evidence now through published papers are nonsense. He also finds it hard to understand although he agrees.

    He could not see the big picture. When you talk to someone and said something wrong and he corrected the small mistake, you know immediately that he could not see the big picture.

    Example : I talked about the fact that decades ago, “plant-based edible oil producers” produced lots of papers stating that animal-based fats are bad which we now know is not true.

    He corrected me by saying that it is seed-based and go through a whole of discussion on that. I let him finished and pointed out he is seeing the lichens on the tree and not even the trees of a forest. If the person can see the forest instead of the tree, he would not have corrected me on “seed-based not plant-based edible oils” because whether it is seed or plant base, it is not important in this discussion. It is the the “capture” of academia by money.

    He felt sheepish but I think he cannot comprehend. Bottom line, I realize that there is no critical thinking. Just take what the paper says, do some transformation and regurgitate out.

    That is why we have plenty of highly educated people saying it is is safe and effective.

    oh yeah.. he really believe it is safe and effective even though I said I did not even have any cold or flu and any sickness for the last 20 years because I take not medication at all. i just rely on my immunity. That includes shots and vitamins.

    • Tim Groves says:

      So, he thinks seed-based material is NOT plant-based material? He sounds like he’s falling down on his basics.

      • ADONIS says:


    • Xabier says:

      Although I’m not a scientist, and just have degrees in history, one of the principles drilled into me in tutorials was that it is important to identify the fundamental premises of an argument, and test them against the primary evidence.

      This certainly saves one from the temptation of being distracted by the ‘lichen on the trees’, as you say.

      But it was principally a sixth sense, or innate intuition, which alerted me to the dangerous vaccine fraud, even before I was warned off them by a medical friend in February 2021.

      Numerous experiences have taught me to pay attention to intuition as perhaps one of the most valuable of our faculties.

      • Late to the Party says:

        Xabier, I too have arrived at my understanding about vaccines, PO, and a few other things from just such 6th sense. I don’t have any degrees beyond RN, and I don’t have a head for reading scientific papers etc.

        It is similar to what Neil Oliver said to Brett Weinstein in an interview. That he can understand scientific things when they are explained to him, but as soon as it’s over, the information flees his head.

        And what made sense initially to him was that if it was a real pandemic and there were life saving vaccines, then people would not be FORCED to take them. That it all didn’t FEEL right.

        I think intuition to many people is key to their seeing beyond the veil, but also contrarianism. I’ve been doubtful and contrarian about things since I was young and although it never gained me any friends, it did save me some mistakes.

    • Kowalainen says:

      Give your “educated” acquaintance these premises.

      1. Failing to accept the premises below is stupidity
      2. IC is totally and utterly dependent on fossil fuels
      3. The “easy” FF deposits are first extracted using energy from slightly less “easy” deposits
      4. Using one unit of “difficult” FF to produce the next even more “difficult” unit is an exercise in futility
      5. IC operates on the perpetually diminishing returns (net energy in).
      6. See 2.
      7. “We” are some ~8B people on earth demanding to live in egotistical fantasy la-la land where perpetual growth is possible fueled by finite resources and enabled by a Ponzi scheme called interest and debt

      By all means; correct me if I’m wrong in the assessment.

    • Fast Eddy says:

      Tell him Fast Eddy says he’s hyper MOREON

      • Tim Groves says:

        In other words, he’s a more “gifted” version of Norman. 🙂

        It’s just that they have a similar modus operandi: picking on irrelevant trivia and using that to draw the discussion away from the relevant points. I would rate this as a variation on the non sequitur. Perhaps someone better versed in analytical logic than I could tell us the correct nomenclature?

        I have several friends and dozens of acquaintances who argue in this way. It gives me a headache to engage in discussing any serious subject or topic with them. Always beating about the bush and flogging a dead horse and never getting to the point but rather doing their best to obfuscate. It’s a performance art form that requires considerable skill.

        • Kowalainen says:

          One does not simply dispatch the egotistical fantasies of hyper MOARons and Tryhards with logic.

          It’s either intuitive (we’re fscked) or it doesn’t exist at all.

          Try removing the dope from an addict. Hopium and copium is a powerful combo of drugs. The withdrawal symptoms are pure depression.

          Some are immune.


        • Kim says:

          Bcs we all make slips or generalizations that can be picked on, it is important to develop the skill of hedging everything you say to head off carping objections so that the basic argument can proceed.

          That said, in my opinion, the basic problem with these people is quite simply that they have weak ego and that we are constantly required to cater to them.

          Emotionally, they feel that they cannot afford to be wrong even in a simple social setting. God knows what they think the consequences might be.

          I sometimes think these people have never had anything genuinely unfortunate happen to them, so they have an exaggerated fear of everything. They think every trivial thing might be a serious setback.

          And certainly weaklings are far too protected in modern society. As a result, they have a superficial belief in their own strengths at the same time that they have a sneaking suspicion of their own fragility.

          In short, it is well past time that we brought back bullying.

    • Minority of One says:

      “Finds it hard to understand EROEI and claims that if prices are high, oil will flow. ”

      In the noughties, it took an average of about 7 years between finding an oil field and the first oil being pumped from it. Don’t know what it is now, but you get the gist – oil prices may go up, but it takes years to develop new sources of oil, and in the meantime, the price of oil drops again.

    • drb753 says:

      Why even get upset over it? I have met 2^{33} people like this one, some of them possibly 50th degree cousins (this bothers me). Life these days is like being pursued by a hungry lion. You can not outrun the lion, but these slow fellows will work just as well as lion lunch. You can not outrun the lion but all you need to do is outrun 90% of the people to stay alive. They do serve a purpose for my own interests, and also for your interests.

      All these complaints from CTG to Fast Eddy, I do not understand. It is as if they have some remnant of will to power and complain that people slated for disappearance do not do as they say.

      • CTG says:

        Dear drb753… not sure if you are being sarcastic or we are not at the same level. If you have applied critical thinking, you should be asking questions and trying to satisfy your curiosity rather than just jabbing fun at others. No different from the person that I have talked to (the PhD guy) but at a different level of aware.

        • ivanislav says:

          But what confuses me is how 2^50 people fit on this planet all at once. Please explain. We’re already having trouble with a mere 8 billion…

          I suppose God works in mysterious ways.

          • CTG says:

            But what confuses me is how 2^50 people fit on this planet all at once.

            If you have given critical thoughts about this and you are curious to find out, then you will realise the impossibility.

            So what actually happened?

            That is why I am trying to find out “the truth”.

            P.s. by the way if you calculated back to the time of Toba Supervolcano 75k years ago, that would be 2^2666 people.

      • Fast Eddy says:

        You don’t find the MOREONS disgusting?

        • Kowalainen says:

          I find most rapacious primates mentally ill. Way over 99.9% based on observation.

          There’s the occasional bona fide human being sprinkled over the turd that is mankind, which unfortunately contaminates the fine exemplars.


          • Fast Eddy says:

            I had a discussion with a MOREON over the weekend …. he senses something is big time not right and asked if I thought a 1930’s type depression was possible….

            We discussed inflation — I mentioned gas prices were ripping higher months before Ukraine (btw – he thinks Z is a hero and we must defend the gay po rn star)…. he asked why – I said it is my understanding that there is a supply issue – north africa has cut back and is retaining the energy for their home market etc…

            He recoiled in horror … then pounced upon EVs and the same old song and dance that has been programmed into the MOREONS when faced with truth.

            The thing is… the momentary realization that we might be running out … elicited a look of true horror… mass psychosis is necessary…

            We’d be long ago f789ed if the hordes were not told what to think….

            • Kowalainen says:

              Which is why it is relatively easy.

              The hyper Tryhards and MOARons get fed the usual narratives to placate their archaic drives making them high on their own product.

              Hopium and copiates is a powerful combo of drugs manifesting as various egotistical fantasies caused by signal substances.

              The sadist in me want to observe them crashing down into the abhorrent reality of ‘The Road’. After all; they’ve been coercing others into the narrative as the usual pathological automatons. They just can’t leave people alone; now can they?

              Being a contrarian deprives them validation. It’s just monkey business 101.

              Unvaxxed, no debt, no progeny, chucking the oats and turning the cranks – The “spite” is real. And isn’t that something awful?

            • Fast Eddy says:

              they really are not much different than the monkeys in the zoo… just that thin veneer of civilization has been applied that convinces them they are superior… all it means is that they don’t climb a lamp post and whack off in front of tourists….but they sure do like watching online and doing that in private.

              It’s not difficult to understand why the Elders refer to them as cattle… they exist to be farmed… all of them … right up to the most skilled circus animals.

              It’s not that the Elders are sociopaths or anything … any more than a dairy farmer is. You work with what you are given — and keep in mind these are not docile cattle… they are vicious beasts…

              You need to keep them under control or they can turn on you. The PR Team and MSM are necessary tools…

              Humans are so easily controlled that they must be controlled

    • MM says:

      Other people exist to tell you that you are just wrong.
      The only question I have is how is there ever a right being produced in the first place?

      • CTG says:

        MM… I never argued with him right or wrong I only argued with him on the thought process. Critical thinking process which he does not have.

        I am now preparing a long comment, part 2 of my conversation with him

        • MM says:

          Arguing requires some sort of complimentary logos existing in all participants.
          Not arguing does not require that but a true can not emerge of that. But it could make you a salary somewhere in the fake universe Lovely fake meat!

    • Xabier says:

      If we are discussing survivalism in a collapsing economy, pretty younger women do have that advantage, whether as prostitutes or hooking a male protector.

      Although I have a nice pert bottom from all the biking, I don’t think I’d be able to bring home the bacon with it, or find a ‘teddy bear’ (isn’t that what they cal them?) sugar daddy……

      • Fast Eddy says:

        Brilliant idea given enrolments are down…

        Schools should use their websites to p.imp the students as well… and film studies could earn money for the school (just like the football programs) by creating p-orn movies to be distributing behind a paywall…

        The Ivy League schools could have an option to pay one fee to access all the sites of the members schools.

        This is Black Mirror stuff ….

        Did I mention my idea of having fresh hot teens enter an American Idol type contest… they strut around on stage in se-xy outfits … they could maestrobate … basically soft p or n… vying for the opportunity to be featured at half time of the Super Bowl where the winner appears in scene with two of the leading male P=stars …. Along with the fame comes a Jack Pot of USD one million for the performance…

        What would happen is the beauty contest industry would collapse as the only contestants would be frumpy plough hogs that really want to vie for the Super Bowl slot but they have no appeal… so the ratings for the beauty contests collapse….

        Is this any darker than trannies bouncing 6 yr olds on their knees reading books about snipping their knobs off (with boners strapped down by girdles)… while the parents squeal with delight clap their hands and cheer???

        WTF. W… T… F.

        • Kowalainen says:

          Those Gucci bags isn’t on the cheap and the rising tuition costs…

          The hyper MOARons “gotta” show off among themselves for “social credit”

          Well, you do the math.

          Btw; what is the oldest “profession”?

  43. Fast Eddy says:

    NEW – Israel now considers only 7.73% of its population as “vaccinated” against COVID as up-to-date “boostering” further declines.

    As deaths climb — they’ll claim it’s a pandemic of the unvaxxed… when it’s actually VAIDS