saudi stinkhole

SAUDI STINKHOLE

I have been yammering away at the idiocy running the Saudi stinkhole for many years now.  Mostly because they started pumping oil so long ago that any rational thinking human being would conclude that you don’t get one very special magical unicorn shooting glitter out its ass forever.  Saudi Arabia must follow the math of oil pumping depletion just like every other region on earth.  Simmons over ten year old book demonstrated this simple common sense with pretty graphs and high falutten words, and still the minions slept on.  I don’t hate you, but your denial is a little embarrassing.

*

Okay, I get it.  You worry about sea levels rising, I worry about Peak Oil, she worries about backup batteries for her FLIR scope.  We all plan for our own boogeyman.  But I won’t be beating the oil drum again.  I try to minimize that even though I know most of you think I should drop it all together.  I’m just going to say that the current political intrigue over in Saudi Arabia means nothing new.  It is just the symptoms of running out of oil showing themselves finally.  I would ask that you all bow down to my wisdom and greatness once again, but I know I’d be wasting my breath.  It is just another of many proofs that our civilization is unwinding rapidly.  Really, if you think about it, this article is full of happy optimistic sunshine.

*

You are oh so welcome.  Let me summarize this whole article.  Saudi Arabia could literally vanish completely and nothing would change for us over here in the US.  The trend was clear long ago and this is just details.  So you can relax and panic no more than regularly necessary.  See how nice I am?  Actually, I’ve gotten zero e-mails or comments mentioning the Saudi’s other than to reply to a claim about how they were investing in a future without oil, prior to all the current drama ( well, perhaps I misunderstood the question in the mail.  Since, I've seen some references to a report "2030" or some such but it doesn't seem worthy of extra worry.  The Saudi's have been playing footsies with other powers for some time ) .  You want to know their future?  It ain’t tourism or robots or high tech, it is nomads on camels.

*

Would you like to know the future of Phoenix Arizona?  Nomads on mules.  Miami?  Skyscrapers mostly submerged, the tops used as mooring points for fishing boats.  Elko, Nevada?  A scavenge yard for a few sheepherders.  This stuff is easy, peasy lemon squeezy.  The timing is a bit difficult, as well as projecting the annual death rate you’ll see on the way to the final destination, but the end is clear as glass.  The end of the Oil Age doesn’t hinge on Saudi Arabia.  The US, Russia and Saudi Arabia combined pump about a third of the worlds oil and all three have been in production decline for some time.  How hard is figuring out that end game?

*

Saudi Arabia was pumping oil at the end of WWII.  Do the math.  Just drop the zero, use both hands-you’ll have enough fingers.  Add the zero back.  Subtract the four decades a field has before Peak, IF the rate wasn’t shortened by overproduction.  Now take the already negative number and add in the many times Saudi Arabia pushed pumping as the OPEC swing production member to satisfy the US, her military protector and protection racket perpetrator.  Answer, Saudi Arabia is drilling on fumes.  She is East Texas just starting her economic collapse.

*

The US is already screwed because of the petrodollar.  We would have been Venezuela long ago if Kissinger hadn’t dreamed up and implemented that system, but it started unraveling right after our last victory in Libya.  Since then we can’t win a color revolution to save our lives.  We are no better than the Saudi’s trying to defeat Yemen.  You know the end game, we are just in the detail phase.  Saudi’s switching over to Chinese protection would no more alter events than if Russia stopped selling oil altogether.  The timeline might be slightly altered, but the end is the same.

*

So, really it doesn’t matter at all what happens in Saudi Arabia.  They are all done as a major oil producer, and nobody wants to acknowledge that.  Not Sally SUV or Prince Shalomadomadingdong.  Saudi Arabia could remain stable or at least continue Business As Usual, and be the very last country to accept dollars for oil ( Canada is our buddy because they have to be, yet I’m sure she vividly remembers all our invasion attempts and won’t spare us a thought once she can show us the door ), and that still would not save the petrodollar.  That system is, like the rest, done with and nobody wants to see the elephant in the room.

*

You can’t look at threats as if to say, “how much time do I have left?”.  You have to look at them as if “I can’t believe that sucker hasn’t gone down yet!”.  When you are living on borrowed time you use what is left to refine preps, but you don’t need to worry about the details.  You already know the outcome.  What about if political turmoil shuts down oil production over there, an immediate threat that could occur tomorrow?  What about it?  Why should that concern you?  You know about JIT inventory.  You know gas and oil disruptions can occur at any time regardless of the cause.

*

You know the economy is already imploding.  It doesn’t need a sudden ten percent oil production deficit to suddenly screw everything up.  It could be any kind of event.  Why aren’t you already factoring that in?  Were you effected by the shut down in oil production in Houston?  Everyone should already be ready to hunker down in place, at a minimum.  Could your job be lost if suddenly a Saudi shut down threw the world economy into a tailspin?  Why are you still in debt?

*

Yet, really, stop and think about the position we are in right now.  Yes, in the early 1970’s we were already in an economic contraction.  The oil shock was an abrupt end in the growth we did have.  Look at how poorly things went from there.  But we have NOT had economic growth for some years now.  The economy now is worse than the Great Depression.  In comparison the 1970’s was a mild episode.  If we are already in negative growth, would a global ten percent decline in oil availably have the same impact that the 3% decline had back in the Seventies?  Remember, a recession is a decline in the growth of the economy.  The growth rate itself just didn’t grow as much as usual.  Now we have negative growth. 

*

I’d wager Saudi Arabia collapsing at this point would have a serious economic impact, but nothing any worse than what we’ve already seen in the last ten years.  If that is the straw that breaks the camels back, it is still in itself no worse than usual.  The companies were already destined to go bankrupt, the unemployment rate was already going up.  So, really, don’t worry and be happy.

END ( today's related link http://amzn.to/2iVUC0t )

 

Please support Bison by buying through the Amazon ad graphics at the top of the page. ***You can make donations or book purchases through PayPal ( www.paypal.me/jimd303 )

*** Unless you are in extreme poverty, spend a buck a month here, by the above donation methods or buy a book. If you don't do Kindle, send me a buck and I'll e-mail it to you in a PDF file.  If you donated, you may request books no charge.   My e-mail is: jimd303@reagan.com  My address is: James M Dakin, 181 W Bullion Rd #12, Elko NV 89801-4184

*** Pay your author-no one works for free.  I’m nice enough to publish for barely above Mere Book Money, so do your part.***   Land In Elko*  Lord Bison* my bio & biblio*   my web site is www.bisonprepper.com *** Wal-Mart wheat***Amazon Author Page
* By the by, all my writing is copyrighted. For the obtuse out there