Signs of Doom

I must've been doom sensitive today.

I just wanted everyone to know....it's official, we're in deep shit. Has anyone ever heard of Cantarell? It's this huge oil field off Mexico's coast run by Pemex that we get 20% of our imported oil from. http://seekingalpha.com/article/157824-mexico-s-declining-oil-production-clarion-call-for-cantarell




Our little sojourn into a recession since 2008's October collapse has netted us cheap oil at a cost - little to no investment in secondary unconventional oil deposits (deep sea, shale, artic, etc). This is the production gap I've been preaching for the last six months over at http://lifeaftertheoilcrash.net/ forums (I AM MEGADOOM). Since demand plummeted with fewer people taking vacations, less people driving to work as a consequence of layoffs, and less industrial production we've seen the price of oil as low as $30....mid $70's today (dollar index has fallen - oil is traded in US dollars). Oil price this low doesn't allow for secondary oil production or exploration, and most people have no idea that it typically takes 10 years for a new well to come on line after the drilling process is initiated. Needless to say without enough "cheap" oil, truck companies go bust, no trucks or fewer of them means food shortages, major declines in industrial production, more layoffs....it's a self feeding economic depressionary cycle. The last 100 years our world population has exploded from 1 billion to 6 billion as a consequence of cheap oil. Oil has made all that possible. Most people have no idea that oil is used in everything either directly or indirectly (transport), and without it we starve - literally.

So, like I said, get ready. The dieoff will happen inside of 4 years....billions will die.

Secondary to all this, I was transporting a old lady to a nursing home on the Westbank of New Orleans this afternoon, and I witnessed a fight between two young girls in the front lawn of their town house neighborhood. The neighborhood is well known as a low income, predominantly black community and the scene exploded in hair pulling, biting, arm twisting, and wild punches. Parents ran out into the frey and attempted to break it up while a huge crowd of kids from the other homes paraded around the brawl.

Needless to say, frustrations are high, so imagine when the grocery stores don't have food on the shelves. Cage fighting will seem tame.