Robert Palmer writes on OpEdNews:
Does the following analysis sound familiar?
“A weakening U.S. dollar is putting upward pressure on oil prices. The shock produced chaos in the West. In the United States, the retail price of a gallon of gasoline rose 50%, consumption dropped by 6.1% from September to February. Underscoring the interdependence of the world societies and economies, oil-importing nations in the noncommunist industrial world saw sudden inflation and economic recession. The energy crisis led to greater interest in renewable energy and spurred research in solar power and wind power as well as increased interest in mass transit.”
If you said it sounds like 2008, when it took $5.00/gallon gasoline to get Americans to agree to offshore drilling and give up their last Arctic Wilderness, you would be wrong.
It was 1973, when the Arab oil embargo and long gas lines got Americans to authorize the 800 mile Trans-Alaska Pipeline through some of the most pristine country in Alaska.
What would our economy and climate change look like today if we had not chosen to build, build, build the Alaska Pipe Line?
Read the article at OpEdNews at:
Dem Bones is Connected To De Debt Bone by Robert Singer, an analysis of the Federal Reserve, can be found on numerous popular websites including G. Edward Griffin’s Unfiltered News. Edward Griffin is the author of the definitive work on the Federal Reserve, The Creature from Jekyll Island.
Meat, Milk and Motors: The New China Syndrome by Robert Singer, an essay about China first released in February 2009 has been widely posted and read on the Internet. Quotes from the article can be found in The Wall Street Journal Digital Network and was the Top World Story on the Pakistan Daily website for over a week.
Latest posts by Robert Singer (see all)
- The Game of Metaphysical Chess - May 5, 2012
- What If Nikola Tesla Testified at A Grand Jury on 9/11? - Sep 10, 2010
- The Crusextraction of the Earth - Jun 20, 2010