Skip to main content

View Diary: Peak oil and peak silliness (111 comments)

Comment Preferences

  •  Four booms and busts in oil shale since the ... (4+ / 0-)

    ...1890s and not a drop of commercial oil shale being produced now. I got to witness the 1980s boom-and-bust up close. Cities bonded themselves for new infrastructure from sewers to schools because Exxon told them in 1980 that by 2000, there would be 2 million additional workers in western Colorado and eastern Utah making oil from that kerogen, 8 million barrels a day of the stuff. Those towns would have gone bankrupt if they state hadn't paid off their bond debt.

    Don't tell me what you believe, show me what you do and I will tell you what you believe.

    by Meteor Blades on Fri Apr 05, 2013 at 06:08:02 PM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site