Quote:
Originally Posted by jrc
I thought we ran out of oil when I was kid? Fool me once...
Because we are now running out of gas and oil, we must prepare quickly for a third change, to strict conservation and to the use of coal and permanent renewable energy sources, like solar power.
JIMMY CARTER, televised speech, Apr. 18, 1977
This business is the victim of a recession. less people buy luxury toys when they worry about making the mortgage or paying for their child's education. I feel soory for the people involved, I'm sure they poured their life into this.
|
We in the US *did* run out of easy, cheap, oil. At that time we were importing less than half of what we are now. It's just that the rest of the world had some big oil finds and we realized that we could trade pieces of paper, called US dollars for that new-found oil. Now that world oil is in decline as well.
Quote:
Well I was going to leave this alone, but seeing that a few others have responded.... What are you an class A {removed}.... A man is at risk of loosing everything he has worked his entire life for. A business and reputation that he has put real blood sweat and tears into. This has nothing to do with the short coming of petroleum or the end of the age. This has to do with this country being in a bad economic depression. Unfortunately restoring old wooden boats, and keeping them in tip top shape is something that can get cut in anyone's budget that has one. Because normally they are a second boat.
As such Mr. Harper has seen a decline of business since this economic depression started over 2 years ago. Unfortunately this depression got so bad he apparently has not been able to just ride it out.
Many great small business have lost the same battle over the last year. And for some one like you to put BS, earthy crunchy, I want to save the world, but don't expect me to live by the rules I preach crap, out as a response for it all is an insult.
(Don please forgive me for the Tone of this rant. But people need to stop being selfish and thinking about agenda. They need to think about how things like loosing everything you own, really effect a person)
|
You don't know me from Joe, so I can understand your misunderstanding me. I truly do care that people are going to lose their homes and businesses as they try to adapt to this change. That's why I called out on the subject. As for the business going under during the current recession/depression, well of course. But what's unsaid here is that the large run up in oil prices pretty much caused the current recession. In fact, just about *every* recession going back to 1974 has been preceded by a run up in oil prices, and this one was no different. (1974, 1979-81, 1991, 2008. Only 2001 - post 9/11, was the exception.) The current recession has EVERYTHING to do with oil. It was the run up in oil prices, combined with an economy choking on a high debt load (personal and governmental) that could no longer afford that debt service when energy prices took off.
I have no "agenda" as you say. I advocated no actions, nor did I attempt to sell anything, or preach anything. Oil Decline isn't "earthy, crunchy, save the earth BS." Matt Simmons, one of my quoted sources, is a well-known energy investment banker, based in Houston, and friend of the Bush family. He is no save the earth hippie. Rather, he is a highly successful business person that has worked his entire life in the energy business, especially the fossil energy business, and he has repeatedly argued since about 2003, that this crunch was coming. So far, he's been dead on with his calls.
http://www.simmonsco-intl.com/resear...ype=msspeeches
All I did, is state that the Lakes Region, heavily dependent on powered recreation and second homes, is going to have a tough time dealing with this coming oil crunch.
Calling me names ("class A (removed)"), hardly seems useful under the circumstances.