31 Comments
User's avatar
Jeffrey Hobbs's avatar

With solar and wind, for the first time in human history, we are creating energy without burning something, and without human or animal muscle. that would be a revolutionary development in civilization. Predictably, though, the party of protecting Neanderthal petro-privilege want to keep us suffocating in our own deadly pollutants.

Mark D Olson's avatar

I really liked your article today Mr. Hartmann. I have felt this way for years. This is an observation and hopefully not a criticism. I have the impression that government in Europe is held in much higher esteem than in the US. I can't remember when anybody in my circle ever said anything positive about the government. Actually you may have hit on something here, or at least woke me up to the reality of the US citizen's hatred of the federal government or any government for that matter, In my eyes is rampant.

With that in mind it's become impossible for the US to move forward with any beneficial improvements to mankind's well being. I can't remember who printed this very recently,it's likely it was Paul Krugman or Robert Reich, but they explained that China has never been at war, while the US has only a few years that we haven't been at war. Billions and billions of dollars have been spent on wars in the US. Meanwhile we don't have universal medical care because we can't afford it, not to mention that the overall mentality of the US is that all the "government" would do is screw it up and make it more expensive. It works the same with fossil fuels. The mentality is that electric everything can't work. There are all kinds of objections that get generated of why it won't work. What happens when the wind doesn't blow? What happens when it gets dark? what happens when it's cloudy? It kills too many birds. Elon Musk even stated that only a moron thinks that energy from hydrogen will ever work. So, when it comes to funding anything that involves renewable energy the push back is insurmountable in getting anything passed in US government.

It works for climate change as well. A few years ago there was a late snowfall in Washington DC. There was republican senator from Oklahoma that walked into the senate chamber with a snowball and threw it on the senate floor and said "there's your global warming!" Proof that even US Senators are too God Damned stupid to comprehend the difference between climate and weather.

The lack trust in government, science and trust in the actual evidence of what's really going on around us will kill us all not just AI. Paul Krugman, among others I'm sure, say we need to get rid of billionaires if we want to have democracy. I couldn't agree more. When people elect people and not businesses elect people we will move on to the business of government helping people - not businesses.

Richard Kiefer's avatar

The government already helps businesses, and has from the very beginning, when the poor couldn't support Gen Washington's troops, and there was no middle class to speak of. In exchange for its support, rich merchants and land owners were promised generous business-friendly federal aid (which we would call "socialism") like incorporation, subsidization, tax breaks and other fiduciary advantages that others could not get. This worked out fine until after the Eisenhower Administration, when corporate taxes were cut down to a third of what they had been - and our national debt has been in an upward spiral ever since.

William Farrar's avatar

Trump or shall I speak of the elephant in the room, Netanyahu's insane war, has netted the oil companies insane profits, and the Trump family and insiders a whirlwind.

Trump's handler, Putin, is benefiting greatly as the price of oil and gas, has gone through the roof, just in time for him to fund his genocidal war against Ukraine.

However Zelenskyy put the hurt on him, by attacking refineries, which reduces the supply of diesel and armies run on diesel and true to form, Trump comes out begging to demanding that Z stop attacking diesel refineries.

A lot is made of the world runs on oil, but actually it runs on oil's product giesel. Marine diesel moves the worlds trade, container ships, tankers, the trains that deliver products from port to warehouse run on diesel. The trucks that transport stuff from wholesaler to retailer run on diesel.Diesel is even more important, more critical than gasoline.

Here is how a refinery works. Oil is pumped into a cracking tower, where it is heated, the heat breaks it down

• Joint Production: Crude oil is heated and separated in a distillation tower. Gasoline and diesel naturally separate at different boiling points from the exact same batch of crude. You cannot isolate and produce only one without the other.

• Fixed Ratios: A standard barrel of crude oil yields a relatively fixed proportion of products—typically about 45% gasoline and 30% diesel, with the remainder going to jet fuel and other hydrocarbons.

• Tied Output: If a refinery increases its crude throughput to make more gasoline, it inherently produces more middle distillates (diesel) as well. Conversely, cutting back on refinery runs to manage surplus diesel inventory will also reduce the total output of gasoline.

Anyway, the constriction in the supply of oil, has been a boon for oil companies, speculators and especially the Trump family.

They have been making a fortune on the futures market, on Fridays he would threaten Armeggedon, and then on Mondays he would talk of a deal

Roger Schwellenbach's avatar

What’s your take on the “futures” marketeers being disconnected from the actual physical amount of oil ? (being moved, extracted, refined, etc.). Assuming they are disconnected.

William Farrar's avatar

Do you watch Blackmanspy on substack, https://malcolmnance.substack.com/p/us-iran-war-day-21779-live-withmalcolm?utm_source=podcast-email&publication_id=1227278&post_id=218496236&utm_campaign=email-play-on-substack&utm_content=watch_now_button&r=9q8rt&triedRedirect=true&utm_medium=email or https://substack.com/@mrglobal

You would know that even the experts are stumped. Irrational exuberance, but reaiity is coming in for a landing, because the gap in the futures price v ersus the spot price is narrowing (towards the spot price, which rangesfrom $105 to $130 a barrel, and even more when the Somalies off load captured tankers.

In my opinion, the futures market is manipulated by Trump and his pronouncments of annhhilate one day and deal the next and the beneficiaries are himself, his sons and insiders.

Recall that he offered to any who would pay a premium of anywhere from $100,000 to $1mil, an inside track on his app.

Roger Schwellenbach's avatar

Yes on listening to BMSpy. That was my impetus for inquiring. I really appreciate your insight on all this. Just a sick money making game for T and his fellow pilferers, at the expense of human and animal life. (aka: the planet). Thank you William !

William Farrar's avatar

If the environmental scientists are correct, there will be a global cleansing of the two legged parasite that has destroyed the very host it relies on for sustenance and survival.

Time limit ranges 2030 to 2200, and if fascism is not stopped, and it appears to be creeping or surging forward. The planet won't be worth living on for the two legged parasites. unless the ability to inhale and exhale is all that is desired.

Yesterday I watching a documentary on WWII and that episode was about Hiroshima and Nagasaki, and could help but think that the lucky ones, were the ones that were vaporized, and that most of the survivors suffered excruciating pain for the next 5 to 10 years

When a person was burned at the stake, it wasn't a bonfire and they died quickly.When being burned like that, the body doesn't go into shock, and the fire burns the feet, then the legs, then the body, until it causes the heart to stop

If a person had a family or friend that could fashion a cachet of gunpowder and hang it around their neck, that was a blessing.

Tom Halstead's avatar

In historically short order, we’ve risen as a world leader and then fallen more and more behind. Corporatism and its insatiable demand for return on equity continues to obscure our descent. It’s hard to see how it, and we, can last, especially since neither of our ruling political parties has any visible inclination to seriously address what ails us.

John Comegys's avatar

I wish Michael Ruppert had lived to see this. 12 years later all his warnings and predictions are coming true.

Rohn Kenyatta's avatar

Smitty has not only shot himself (and US) in the foot, he has shot himself (and US) in the head. Two entirely different GSW's with two entirely different prognosis.

Not only did he do a number on fossil fuels, he has sped up, just as you have so articulated, electrification. And, like a true buffoon,, has done nothing but made China the "happoest place on earth." What the Chinese build, in terms of an electric automobile is spectacular for 35-45k. Trump, er, Smitty, has hastened the coming of BYD to a theater near you.

Such exquisite irony.

Protect the Vote's avatar

Cheeto's Deal With The Devil

Cheeto lied his ass off to stay out of jail and he has only knowm one way how to deal in life: $$ and power which nicely fits with the fascist Republican agenda outlined in Project 2025.

His first order of business was to make big promises to the oil industry while he tore down all of the good "green" foresight legislation. This will be rejected by future Democratic administrations and the fascist Republicans rendered to the dustbin of history.

.Pedal to the metal. Door knock, phone bank, donate and get behind Democratic candidates up and down the ballot. Win the midterms then begin restructuring the Democratic party with new leadership.

Indivisible's first suggested order of business for the 2027 Congress is to put Stephen Miller in front of several Congressional committees and make him squeal.(bit.ly/4rS70AI)

Roger Schwellenbach's avatar

Quote from 1931; “I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait until oil and coal run out before we tackle that.” This is on a picture of Thomas Edison holding up a light bulb. I had solar panels installed on my roof coming up on ten years ago. Well worth the investment for me. And I’m in central Florida. PS; and Edison might have had ADHD. Not a curse, more likely a gift. Too bad the greedy profiteers didn’t listen to him.

Barbara Wissler's avatar

We were just finishing up a lease on a Jeep Hybrid. I was sick & tired of dealing with all the warranty issues, so we decided to turn it in when the lease was completed. We ended up buying a Honda Prologue, an electric car.

So happy we did it! Haven't bought gas for 6 months. I feel better that I am helping (a little bit) at keeping our Earth safe.

Leslie Kain's avatar

I've never understood why Big Oil never read basic Bschool models about expanding their brand. Being an Energy company instead of just Oil. Providing multiple forms of energy. Developing alternatives. Like China has been doing.

Tomonthebeach's avatar

Most Americans are like Trump. They act like climate change as a hoax - until their house burns down in a wildfire, floats away in a flood, or blows to smithereens in a windstorm. I am comfortably retired today because I earned a master's degree from Hardknocks University.

Although all Americans attend, too few pass their final exams, so they never graduate to a better life. Hardknocks U also explains why my Mercedes plugs into the garage wall, why I live in a certified hurricane-proof concrete house with a heavy tile roof on the Central Florida coast - way above storm tide instead of living in a flimsy wood-frame house with a light, flammable asphalt shingle roof built on reclaimed swampland in a floodplain, like the majority of homeowners in Florida.

Will Iran increase the pace of EV conversion? I doubt it. You cannot buy one of those affordable super EVs from China because Trump is owned by the fossil fuel and auto industries, and he has embargoed them from sale in the US. So, by a Tesla or a Corvette - same price.

James's avatar

Right on Thom! My wife and I used federal and Washington State incentives to put solar on our roof, purchase storage batteries, and put an EV in our garage. The entire system paid for itself in five years, our utilities cost for our all electric home totals about $250 per year (down from $250 to $400 per month), and we haven’t purchased gas in eight years. It’s hard to understand why more people don’t jump on this train! We’re the ONLY house with solar in our entire gated community! Further, when I contacted our home insurance company to make sure it covered our solar installation, they had no idea how to do this! It’s also a bit appalling that we have to pay an EV tax to license our car! It all feels a little like Back to the Future.

Steven Dundas's avatar

Thom,

We can only hope that it has. All the best.

Steve Dundas

Bruce F Cole's avatar

You need to take down "alcoholic" from your description of Trump, Thom, unless you have ironclad evidence of it. You're asking for a defamation suit you would lose, otherwise.

Roger Schwellenbach's avatar

Thom was referring to the Sec. of inDEFENSE-able tattoos Hegseth. Not 47. Remember, and Thom knows this, POtuS does not drink.

Bruce F Cole's avatar

Ok, I see that you're referring to Hegseth, but your sentence is ambiguous and can be read as referring to Trump.

William Farrar's avatar

Bruce, Thom made a misake we all make, if you read the next clause it is Hegseth the alcohol and Trump the narcissist.