The jig is up

There simply is no way to prop up civilized society when oil costs more than $100 per barrel. Well, there might be one option: fascism. Oh, wait. We’re already there.

A friend in need …

Once again, I seek the sage advice of my wise readers. Our legal agreement at the mud hut precludes long-term visitors. But soon enough, law enforcement comes down to a negotiation, preferably without violence. What to do, when the marauding hordes are friends and their children?

WELL, then

While we were away, the financial sector continued its downward spiral and the price of oil continued to climb, albeit with considerable volatility. During the next few months, I expect to see the stock markets continue their unwinding while supply disruptions in gasoline spread throughout the country (from the six states impacted last summer). By year’s end, the Northeast’s fragile electrical grid is likely to collapse. The price of heating oil already exceeds the price of electricity, and is likely to increase between now and November. The overwrought electrical grid will collapse when a small proportion of the sixty percent of homes heated with heating oil switch to space heaters.

A tiger’s tale

The Celtic Tiger is wilting under the pressure of rising energy prices. But in Ireland, as in the United States, it’s politricks as usual: The government is shielding the sheeple from reality, frantically building airport runways and expanding the country’s highway system to maintain the illusion of the status quo.