Think about this for a second and if it doesn't stagger you, I don't know what to say: the U.S. military consumes as much oil every day as the entire nation of Sweden.
Peak Energy is here, but we are trying to deny it, down to the last drop.Or take a guess on this question of the week: How much did it cost Mobil and its partners to build the world's largest oil-drilling platform, a 1.2 million-ton monster that sits in 300 feet of water in "Iceberg Alley" in the Canadian North Atlantic and is armored with 16 protective "teeth" designed to absorb the impact of those approaching bergs? The answer: $5 billion for the Hibernia platform, which is now producing 135,000 barrels of deep sea oil per day.
If you wanted, you could spend your time turning Michael Klare's new book, The Race for What's Left: The Global Scramble for the World's Last Resources, into an energy and resources version of Believe It Or Not that would stagger your friends. Klare has a way of landing us on a strange new planet called Earth, one stripped to its disappearing resources and filled with insatiable greed. It's always a bracing experience, even when, as he assures us in his new book, the rush to the planet's Iceberg Alleys to provide energy for the U.S. military and the rest of us fuel guzzlers may be the last "race" of its kind we are likely to undertake. (To catch Timothy MacBain's latest Tomcast audio interview in which Klare discusses his new book and what it means to rely on extreme energy, click here, or download it to your iPod here.)
http://www.reddit.com/r/collapse/comments/quo9h/why_high_gas_prices_are_here_to_stay_why/
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