"Want to Buy Some Sand?"



I cannot wait til I can say,



“Suck it up, Mr. Oil Guys.”



And that time is getting close…



First a little dose of economics: It’s been proven that whenever a resource becomes too rare or too exclusive the market reacts and replaces it.



This is fundamental.



And we are getting close with oil.



Clearly, the Saudis with all of their oil revenues and our US leaders were simply too greedy to get the message…or believe it. Or even do anything about moderating its price.



Therefore, it’s becoming too dear, too exclusive!...



And something has to change.



It is always self-interest that trumps longer term economic survival….



What did the oil merchants care whether old folks had to decide between driving their car and eating….



But here’s the lesson, guys on whatever end of the equation you’re on, producer , processor or marketer.



You’ve taken advantage of us long enough.



Time to rethink oil at 140 dollars a barrel.







What am I referring to?



The death knell for the oil industry.



You knew as sure as night followed day that it was about to happen, you just didn’t know when.



Well, you greedy short term thinkers may have helped turn it into a reality.



Yes, it’s started with not much more than a whimper but if you’re paying attention, you will realize its significance.



The Honda folks have started it all and it will not end with them.



They have come out with a car that runs on hydrogen.



Of course, the trick all along has been to reduce battery size and cost.



And the Japanese said that they have done it.



Not only that, they say they can commercialize their battery for mass production.



Now, that was just a sidebar in the paper the other day.



But guaranteed, it is the first step in depleting oil’s power of life and death over the rest of us.



Why?



Because it is the automobile that is the principal user of oil products.



Take the profits out of the equation, and lo and behold, Saudi Arabia is just another boondock.



And they can forget about building ski slopes in the desert and paying 500 dollars an ounce for perfume to be used as embalming fluid.



And guess what?



It won’t end there.



The flood gates have been opened.



And don’t be surprised if the Toyota people aren’t right behind.



While the American market refused to consider the realities of insane oil pricing or the needs of the marketplace, the Japanese did not.



These guys see the future and they know it’s not oil.



Thanks to them, the senior citizen may not be forced to choose between food and fuel….



Because of them, a lot more people will wind up surviving as against expectations….



And while our president luxuriated in those quick profits and keeping his oil friends happy, we’re pleased to say that he and his ilk will be gone by January of next year...and a new generation will take over!....



And as we say an extended good bye to oil, we can now begin to focus on our real options for the next hundred years: wind and sun….



I am pleased to let you great panjandrums and self-inflated egoists know that your days are happily coming to an end and the world of people is about to begin….



I’ve been dying to say that for the last ten years.



The Armchair Curmudgeon



Les Aaron