Why the price of 'peak oil' is famine

By Ambrose Evans-Pritchard International Business Editor
Last Updated: 1:22am GMT 07/02/2008

Vulnerable regions of the world face the risk of famine over the next
three years as rising energy costs spill over into a food crunch,
according to US investment bank Goldman Sachs.

"We've never been at a point in commodities where we are today," said
Jeff Currie, the bank's commodity chief and closely watched oil guru.

# Read more by Ambrose Evans-Pritchard
# More economics news

Sugar cane on a bullock cart in India. Rising energy costs spill into
food crunch.
Sugar cane on a bullock cart in India - the commodity is popular as
the basis of biofuel, as it is a cost-effective and cleaner
alternative to oil

Global oil output has been stagnant for four years,


http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/money/2008/02/07/cnoil107...

http://technology.timesonline.co.uk/tol/news/tech_and_web/gadgets_and_gaming/article3321653...

The new hydrogen fuel cell powered radio controlled car from Corgi
Lewis Smith

A remote-control car produced by the toymaker Corgi is the first
household item to be powered by hydrogen fuel cell technology.

The car, called H2GO, uses hydrogen derived from tap water as its fuel
and was developed by the Leicester-based company in partnership with
Horizon Fuel Cell Technologies, an international firm based in
Shanghai that hopes to extend the technology to home appliances.

The hydrogen is separated from oxygen in the tap water via a
miniaturised unit powered by a rechargeable battery. A tiny solar
panel to charge the battery is an optional extra. The H2GO, which is
billed as the first "zero emissions" remote-control toy, went on show
at the Nuremberg International Toy Fair. It is expected to sell for
£130 from September.

* Have your say

Why am I supposed to care about, what Angelina Jolie thinks?

Sure she has nice tits, but I could give a rats ass what she has to say
about the world.

On Feb 4, 11:27 pm, knews4u2c...@yahoo.com wrote:

On Feb 6, 5:35 am, FalseFlagUSA zzz.com> wrote:

Just curious, but why such an emotional response. Could it be that
you are infolved in selling crackpot and dangerous quackery suce as
Rife's?

Here are some facts about this miraculous piece of Rife quackery:

http://www.healthwatcher.net/Quackerywatch/Cancer/Cancer-news/smh001230rife-aus....

Other intesting sites on medical quackery and the suckers that fall
for it are:

http://www.quackwatch.com/
http://www.americanartifacts.com/smma/abrams/abrams.htm
http://your-doctor.com/patient_info/alternative_remedies/various_therapy/quackery...
http://www.buzzle.com/editorials/3-12-2004-51600.asp

http://rense.com/general80/cpn.htm

Congress Moves To Seize
Control Of All US Water
From Bathtubs To Baptismal Fonts, Congress Moves
To Give the Corps of Engineers Control Of All U.S. Waters
Land Rights Network
American Land Rights Association
2-7-8

Issue: Having been slapped down by the U. S. Supreme Court's recent
decision that the words "navigable waters" in the Clean Water Act
limited federal agencies to regulation of navigable waters only.
Democrats and liberal Republicans in Congress are striking back.

They are attempting to pass the Clean Water Restoration Act of 2007
(HR2421 and S1870) that would amend the 1972 Clean Water Act and
replace the words "navigable waters" with "waters of the United
States." Further, it defines "waters of the United States" with such
breathtaking scope that federal agencies would be required to regulate
use of every square inch of the U.S., both public and private.

Biofuels are even worse than I thought! A recent news story in the
British newspaper, "THE TELEGRAPH" reveals the true direct up-front
cost of biofuels when you remove all the Federal and State subsides
from the equation.

As you know, biodiesel in America is made from rapeseed (canola oil)
and/or soybean oil. According to the newspaper article, buying
biodiesel made out of canola oil is the same economically as buying
plain diesel fuel out of imported crude oil that costs you $209. a
barrel! For soybean oil it is even worse at $232. a barrel! For
ethanol from corn the cost is the same as oil at $81. a barrel. The
only publicly proven method for making ethanol out of cellulose
(switchgrass) would be the same as oil at $305. a barrel!

Now that is just the direct up-front cost of manufacturing the fuel.
On top of that cost you have to add on the following secondary costs,
which are worse than the up-front costs.

1) Worldwide food price hyperinflation that starves poor people all
over the world and costs all of us lots of money every time we shop
for food, so we pay twice for the fuel, once at the gas station and
yet again at the supermarket!