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Fear and Irrationality in the Oil Patch Profit-taking and stock prices rise and fall, but fears seem to be unfounded. Is the oil shortage real? Facts are hard to come by, and philosophical arguments rage. - The “Peak Oil” argument is based on the concept that oil is a limited “fossil” fuel, and that the supply will decline and the price will rise dramatically as demand outstrips supply – long before we actually run out of it. However, oil is not disappearing right away. The United States continues to fill its reserve wells, and some apparently-drained oil fields are refilling at a faster rate than expected. (Ref.) How? This is also hotly debated among the abiotic oil and biotic generation of oil theorists. Whatever the cause, the planet appears not to be running out of this form of energy resource in the immediate future. (Pure Energy Systems News)
What the Malthusians Say The shocking adoption of an official (if secret) policy by the United States, of defining its own national security in terms of the reduction of population of other, poorer nations, represents the predominant influence, but not yet the core worldview, of the neo-Malthusians. Their policies are represented to governments in terms of economic or strategic coercion, the exercise of raw power of empires or superpowers to stop the development of other, competitor nations. But their core objective is sheer racial and class hatred, a desire to eliminate as many brown, black, yellow, or poor human beings as possible. Malthus himself, as a paid writer for the British East India Company, was an out-and-out petty thief, who plagiarized the bulk of his work from eighteenth century Venetian Giammaria Ortes. Using Ortes's assertion that the Earth has a finite ``carrying capacity,'' Malthus wrote in order to abolish the poor laws in the British Isles, causing the death of poor children, and in order to justify a massive increase of looting of India, which led to the famines, drug wars, and population collapse of the nineteenth century on the Indian subcontinent.
``We are bound in justice and honour formally to disdain the Right of the poor to support. ``To this end, I should propose a regulation to be made, declaring that no child born from any marriage taking place after the expiration of a year from the date of the law, and no illegitimate child born two years from the same date, should ever be entitled to parish assistance.... ``The infant is, comparatively speaking, of little value to society, as others will immediately supply its place.'' --Thomas Malthus, An Essay on the Principle of Population (American Almanac)
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