For more than half a century, they – the people who hate oil and the abundant wealth it has enabled – have been insisting we’re on the cusp of running out of it. And for that reason, had better develop “alternatives” to it.
Like electricity, for instance.
But when their predictions about running out of oil – this was styled “peak” oil – never came true, because it became obvious there was plenty of oil and probably so much oil that its cost would continue to go down, causing the wealth of average people to go up – they stopped talking about “peak” oil and began talking about “climate change.” That there was an unseen bogeyman on the loose (sound familiar?) that would cause a “crisis” – and mass death – if we didn’t agree to do what they say, meaning give up abundant energy and wealth and accept energy scarcity and impoverishment.
We didn’t want to accept it, so they have tried to force it. As by artificially reducing the supply of oil. But they did that too soon, too quickly. It resulted in the cost of gasoline – and diesel – both made from oil, to nearly triple over the course of just one year. That alarmed people who were forced to pay for it – including lots of people who might have supported, in a vague and hypothetical way, “taking action” to stave off “climate change.” But when forced to accept the cost of that, many of them began to re-evaluate their position. And with an election looming that might result in something being done about the manufactured but very real crisis – in the name of a fake one – something had to be done to artificially and temporarily tamp down the price of gas and diesel to smooth ruffled feathers just long enough to get through the midterm elections without incurring too much electoral damage.
The head of they – or at least, their front man – used his authority as (s)elected dictator to temporarily flood the market with oil, by draining it from the Strategic Petroleum Reserve. This caused an artificially induced and so temporary decline in the cost of gasoline and diesel fuel – and they figured people would be grateful to be paying only twice as much for gas and diesel (for the moment) than they’d been paying for it before they artificially constricted the supply of oil, in order to create an artificial “peak” oil scenario that they hoped would make the “transition” to energy scarcity go down easier.
It turned out they were wrong, which it did because of their insular, inbred arrogance – and the blinkered perspective they have, from having limitless access to other people’s money. What does someone such as Joe Biden or any other high government apparatchik care about gas that costs $4 per gallon – or eight? They can afford it.
So, they were startled – in the way a grub is startled, when you roll over a rotting log and expose it to the sunlight – when they began to realize that people were angry with them and that some of these might vote against them.
Hence the draining.
But that has created a new problem for them. The oil is dissipated – and there’s no new supply to make up for what’s been dumped on the market. The front man begged the Saudis to cover for him, by pumping more oil (temporarily) for him, just enough to get through the midterms.
And now the oil if running out.
The government admits it is running out. And so, the country is on the verge running out of diesel fuel, within the next few weeks – just in time for the holidays. And just in time to blame Republicans, if they succeed in defeating Democrats in the election that’s only about a week away now.
“Stocks of diesel and other distillate fuel oils were just 106 million barrels” as of October 21, according to the Energy Information Administration, which is the government itself acknowledging the fact that “stocks” are “at their lowest ebb” since the Energy Information Administration began collecting data more than 40 years ago. The EIA’s weekly petroleum status report indicates that “distillate inventories” are 26 million barrels below what they would normally be at this time of year.
Reuters reports that oil stocks are at their lowest overall ebb since 1954. When the population was less than half what it is today.
What this means is the same thing it means when the tide suddenly rolls out, exposing the sea floor. Only the tsunami that’s coming will be a different kind of abundance, one of scarcity.
Food being dependent upon diesel fuel, especially. That is how most of the food in most of the stores get to where you can buy it from where it was produced. If the trucks that burn diesel can’t fill up their tanks, people won’t be filling up their bellies.
Diesel is even more critical in this respect than gasoline. Most people do not drive diesel-powered cars (the government – they – having effectively outlawed diesel-powered passenger cars for being too obviously preferable to electric cars). But diesel-powered heavy trucks and machinery – including agricultural machinery – power the economy.
When they stop running, it’s more than we stop eating.
If this happens – and it seems inevitable because preventing it from happening can only happen if a way to suddenly find those missing 26 million barrels is found – there is going to be Hell to pay.
And we’ll all be paying it.
. . .
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