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Good stuff.

Re: "What is happening in Sri Lanka right now will come to pass in other countries, as I said multiple times, first in poorer countries, then in “richer” ones."

RUS has stated it won't deliver gas to UK.

Try imagining the speed of chaos in un-resilient sociteties.

- China Covid situation & reaction remains a mistery for me.

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It’s awful to be right on the money at times. 😬 I appreciate your forecasting skills none the less. Trying to prepare as best we can, but ultimately I fear most of us are going to pay a heavy price for the calculated incompetence of our “leaders”.

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Excellent analysis. Hugely disturbing but this is need to know info. Many thanks

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All because of:

Shale binge has spoiled US reserves, top investor warns Financial Times.

Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9 mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.

What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.

Some key points from this Financial Times article: https://energyskeptic.com/2021/the-end-of-fracked-shale-oil/

Shale boss says US has passed peak oil | Financial Times https://www.ft.com/content/320d09cb-8f51-4103-87d7-0dd164e1fd25

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At first I would have been mortified. Now I'm really just resigned to it. I'm actually laughing because we decided to destroy the world. What else is there to do. Laugh or cry. Let's say 5 years ago I'd be called a crazy conspiracy theorist for keeping a few months extra food. Now, no... we destroyed the world.

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Of course, it not not just Russia's fault. Nor even just because of "the war between Russia and the Ukraine". What all those headlines are fudging over is that it is the sanctions on Russia that have triggered all this (or rather, accelerated it to the point of crisis).

They don't seem to be wanting to take any real constructive action to stop these trends, either: both Germany and the US have refused to allow farmers to plant the land allocated for conservation purposes.

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