Tag: Energy

The start of the great meltdown for industrial civilization

Tina Marie (Ms. Cat)

The start of the great meltdown for industrial civilization

Consumer society has tried to legitimize itself by making people believe that it represents a sustainable way of living. For those in the First World, all the evidence that a meltdown is coming-the deterioration of the climate, the decline of the biosphere, the diminishing of available resources-has usually existed outside of immediate view. Commercialism and the mass media, which have gained an unprecedented presence in our lives through the digital revolution, have distracted us from these realities while the machine of global capital has continued to run.

Oil industry push for Trump bailout draws political headwinds – POLITICO

Tina Marie (Ms. Cat)

Sen. Lindsey Graham (S.C.) said some lawmakers, including Lankford and Sen. John Hoeven (N.D.), told Trump and administration officials that “the Russians are trying to break the back of the American shale oil industry.”

“They were listening intently,” Graham added. “You can talk to them about their response, but that was something that I hadn’t really thought that much about until the lunch. I don’t want the Russians to be able to get away with destroying their competition here.”
— Read on www.politico.com/news/2020/03/11/oil-bailout-trump-125949

This is all BS! It was going to happen, despite the recent OPEC situation! All I remember hearing, these past few months , is about the “small” oil companies failing at paying their loans!?