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Ruppert wrong on short-,medium-,long-term markets

Review of 10/08/02 KBOO interview with Michael Ruppert RE: war in Iraq, markets.
Mike Ruppert is right when he says 5% of the world (U.$.) now uses 25% of the world's resources. However Ruppert is completely wrong when he says re: war in Iraq and energy markets: "the [oil] infrastructure won't change."

First organize the energy arguments into regions & types of energy. There is still a lot of corn in the midwest so ethanol is this region's "alternative" but still priced higher than gas. The midwest is geographically a large portion of the U.S. The rest of the U.S. is still heavily dependent on oil but this is largely a social, marketplace & governance issue (single-occupancy drivers, SUVs & lack of enforcement of fuel efficiency standards, respectively).

Today there is biodiesel (vegetable oil) for vehicles like the VW Jetta and other car models. There are hydrogen fuel cell engines that generate electricity & emit water (H2 -> O2). Prototype fuel cell engines have already been properly tested, developed & are ready for commercial trial runs. Yet this technology has encountered maximum blockage & resistance from the old world Oil, Automobile & Shipping triads (how do oil barrels get to their ports of destination?). These triads benefit by taking legislative & media positions to delay successful, sustainable greencar deployment in the U.S. marketplace for as long as possible. Engineers figured out a long time ago how to make safe, compliant hydrogen engines for vehicles. Now it is time for federal compliance agencies (NTSB) to affirm safety guidelines and independent manufacturers to adopt designs into practical business models and ruthlessly sell them.

Short-term political issues must be identified from medium-term and long-term perspectives which are pretty optimistic considering present energy conditoins. Remember we're only 5% but we have parts of Europe to look up to since they're still the leader in publicly acknowledging and accepting alternative energies. Americans must have independent, unbiased news channels & mediums (hello streaming Internet) so people have access to all opinions and can verify on their own or with the help of their trusted news syndicate what's fact & what's corporately-generated hype in energy markets. We must have a legitimate president who can balance the budget and not take us to war & a Congress both open & transparent so line-item energy issues can easily be flagged by volunteer watchdog groups and lobbyists with zero closed door meetings (except concerning military/national security matters).

The masses will start protesting as soon as their pocketbooks get nailed when the too low, OPEC-leveraged artifical prices of gasoline are removed and replaced no later then the medium-term with prices based on actual supply & greenenergy-influenced demand (try $4.00-$6.00/gal. +++ for unleaded by ~2005-07 or at the very latest 2010).

nick winlund in Corvallis


P.S. I'm really looking foward to advancement & evolutoin of the wireless spectrum & Internet streaming. I'm SICK of listening to KBOO, KLCC (which is college-based) and the other stations who slickly advertise their underwriters and use DJs to push their "gimme,gimme,gimme" pledge marathons. True competition of airwaves tomorrow means formation of new spectrums now ( http://www.uwb.org/) & reallocation of low power FM so *everybody* small & large can compete with existing broadcasting monopolies both public & private.
Good Nick, but..... 09.Oct.2002 19:44

Rough Idea

I liked many of the ideas in your article. However, I would like to clarify some of the points that were made. First, the Jetta comes in gasoline powered models as well as diesel. I would strongly recommend against filling up the tank of any gasoline powered vehicle with french fry oil. Otherwise, biodiesel should work just fine in any diesel engine (with certain provisions).

Next, hydrogen fuel-cell vehicles are driven by electric motors- not hydrogen engines. The Japanese HAVE been working on hydrogen fueled internal combustion engines for decades, with a great deal of success. The primary challenges with this concept are storage (hydrogen is more 'flamable' than gasoline), and distribution (you can't conveniently fill your tank, at this time). The Japanese are currently racing to offer fuel cell cars, possibly later this year. It appears that the Japanese will burn American automobile companies once again, as they did in the 70's, while American car companies' designs stagnated. Another issue is- where will the hydrogen come from? That issue is too large to discuss as a comment to your article, so I will save it for another time.

With respect to gas prices, gas is cheap because it is heavily subsidized (i.e.- Jello Biafra claimed in a presentation last Friday, that the U.S. spends around $50 billion per year in military support, in order to extract $17 billion per year worth of oil from the Middle East), and because the true costs of its use are externalized (i.e.- air/water pollution and related health effects).

Lastly, I don't understand why you would pick on KBOO. They are PRIMARILY supported by listener/members, mostly volunteer operated, and I am certain that NOBODY there is getting rich. They are also one of THE most important purveyors of current news and information that I can name. Plus, they play some great, and obscure, music. Stop by and visit them when you're in town.

Cheers.

One More Thing 09.Oct.2002 20:12

Rough Idea

Ruppert sure predicted the overvaluation of the stock market. Zoinks!