Get your Marxist Propaganda Here…


Marxist Propaganda masquerading as News.

https://www.bloomberg.com/view/articles/2018-10-09/the-end-of-coal-could-be-closer-than-it-looks

The world’s electrical utilities need to reduce coal consumption by at least 60 percent over the two decades through 2030 to avoid the worst effects of climate change that could occur with more than 1.5 degrees Celsius (2.7 degrees Fahrenheit) of warming, the Intergovernmental Panel on Climate Change announced Monday.

NEWS FLASH: to anyone ignorant about energy.

The number 1 most abundant fossil fuel on earth, is coal. There is enough coal in the United States alone, to provide the United States electrical needs for the next 1000 years.

How much coal is in the United States?
The amount of coal that exists in the United States is difficult to estimate because it is buried underground. The most comprehensive national assessment of U.S. coal resources was published by the U.S. Geological Survey (USGS) in 1975, which indicated that as of January 1, 1974, coal resources in the United States totaled 4 trillion short tons.

——————————-
Based on U.S. coal production in 2016 of about 0.73 billion short tons, the recoverable coal reserves would last about 348 years, and recoverable reserves at producing mines would last about 23 years. The actual number of years that those reserves will last depends on changes in production and reserves estimates.

https://www.eia.gov/energyexplained/index.php?page=coal_reserves

Notice how the US seeming lost 3.25 trillion tons of coal between 1974 and 2017? No, we absolutely did not use 1125 years worth of coal in-between 1974 and 2017. No, the estimated made in 1974 were not off by a factor of 3.

This is straight up Marxist propaganda in an attempt to prepare people for rising fuel costs. By asserting that there is less available fuel, you can raise the price, and thereby manipulate people by forcing them to use what little you allocate to them in the way you want them to.

The more you have to pay for electricity and heating/air conditioning, the less you have to pay for automotive fuel. In essence forcing individuals to drive less. Once you can force individuals to drive less, you have in effect taken control over where they can travel and when. You do not need to force people to show their papers to travel, if no one can afford to travel anyway.

One of my favorite rants regarding energy, is the carefully concealed 6 trillion ton elephant in the room.

The Green River Valley Formation:

The Green River Valley Formation is, no holes bared, the single largest known oil reserve on the face of the earth.

The Green River Formation is an Eocene geologic formation that records the sedimentation in a group of intermountain lakes in three basins along the present-day Green River in Colorado, Wyoming, and Utah.
Green River Formation – Wikipedia
https://en.wikipedia.org/wiki/Green_River_Formation

Back in the 1970’s geological measurements indicated that the Green River Valley Formation contained around 6 trillion barrels of shale oil reserves. It was also stated that due to instrumentation difficulties resulting from the local geology, those estimates were conservatively under represented by a possible factor of 3 to 4. Meaning that the estimates of 6 trillion barrels was very likely short by up to 18 trillion barrels.

Like the above revised downward number on US coal reserves, the volume of shale oil contained in the Green River Valley Formation has also been revised downward, now the claimed volume is between 2 and 4 trillion barrels. What makes this even more amusing, is that the Green River Valley Formation is 99 percent on federal reservation land and off limits to oil development, meaning, oil is not being extracted from the Green River Valley Formation.

It is genuinely amazing how well this 6 trillion ton elephant in the room has been hidden. The United States, with its Green River Valley Formation oil field does not even make it into the list of top 10 oil reserve nations.

http://geab.eu/en/top-10-countries-with-the-worlds-biggest-oil-reserves/

Even by the most conservative estimates which suggest that the Green River Valley has only 2 to 3 trillion barrels, of which only 1.8 trillion barrels are recoverable that puts the United States, using just the Green River Valley Formation as the number 1 oil supply on earth. 6 times as much as number 1 ranked Venezuela whose 300 billion barrels just placed it above Saudi Arabia’s 268 billion barrels.

Just a thought here folks. Who is lying to you, and why.

Just another random thought.

Commodities, things that people want, have value ascribed to them based upon their availability, or the lack thereof, also defined as their scarcity. Short translation being, you cannot sell sand to Sahara desert nomads for the exact same reason you cannot sell snow to Eskimo’s. They already have more of it than anyone anywhere can possibly imagine what to do with.

The price of energy is based on its scarcity. Let these thoughts rattle around in your head for a while.

Advertisements

One thought on “Get your Marxist Propaganda Here…

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.