Specialization is for Insects.
I was so amazed at what I’m about to share here that I struggled for some time to come up with the right title. Other titles I considered:
In the end, no title seems worthy of this discovery. And I honestly wouldn’t be surprised if it changed the world.
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There is a film called Oil, Smoke & Mirrors which documents what the producers claim to be an impending peak in global oil production. It has been viewed 750,000 times on Google Video alone.
A number of experts, economists, the UK’s former Environment Minister, Michael Meacher, and Germany’s former Science and Technology Minister, Andreas Von Buelow, share their opinions regarding what sounds like an impending oil crash; and then the producers tie this theory into one of complete global conspiracy to control the last remnants of oil capacity.
To me, the film is woven together in such as way that the topic seems to change from the concept of the world’s increasing oil usage and decreasing supply to more of a Roswell type malicious governmental cover-up.
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In 1980 Texaco was doing exploratory drilling for oil in Lake Peigneur, a shallow man-made lake near New Iberia, LA. Although many of the facts from that day are lost, what we do know is that someone miscalculated and drilled right through the lake and into a salt mine below.
It’s generally accepted that the drill punctured the roof of the third level of the mine. This created an opening in the bottom of the lake, similar to removing the drain plug from a bathtub. The lake then drained into the hole, expanding the size of that hole as the soil and salt were washed into the mine by the rushing water, filling the enormous caverns left by the removal of salt over the years.
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The October 23 issue of Business Week magazine had an interesting report about the impact of falling gas prices on the economy:
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