bison survival blog: corn down
Posted on January 29, 2010
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As I was checking out http://www.americanenergycrisis.blogspot.com/ , I was rather startled by the newest corn to ethanol figures. 43% of our total corn crop is going to fuel now. Last year it was, I believe, mid thirty percent. Almost half of our food crop corn is powering our vehicles. Add that to our 13% decline in foreign oil imports last year. Translation- bend over baby, here it comes. No lubrication other than sand. Do you honest injun really think this isn’t an energy crisis? How much more evidence do you need? The last fuel crisis was going from independence to foreign dependence. This crisis is going to be total lack of fuel globally. For a short time China will suck up the surplus we can’t afford. But just because the Saudi oil fields aren’t in free fall decline doesn’t mean spit. The Mexican fields are, due to lack of maintenance spending. The Saudi’s were smarter than that. But they are also sneakier. They are drilling everywhere, in marginal fields, buying up a disproportionate share of drilling rigs, all to give the illusion that their main field isn’t running down. Its been going for over forty years, and that is the max you get out of a field before decline. They might, or might not, go slow decline rather than fast, but decline it will be. No green shoots allowed in an energy down climate.
Read Full Article Here: bison survival blog: corn down.
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