The Big Changes that Matter Are in Background

The stock market will recover a bit more of its 200+ point nosebleed experienced earlier in the week.

But there are many “moving parts” going on in background that you may not be aware of because they are not as simple to dispense and “keeping up with the class” is more than a 5-second Trump-bash.

1.  NASA has a real breakthrough in life extension.  Supposedly developed to extend astronaut lives for long trips (like going to Mars), the UK Daily Mail reports human trials could begin in as little as six months.

This is HUGE news and not necessarily good.  Imagine, if you can, living forever and if there is enough food and you find the right partner what could go wrong?

Two things:  Age discrimination, for one.  Right now, although Generation Brat seems to be down on  us grays, can you imagine how intergenerational conflict would look if a 100-year old was taking a job from a 29-year old?

Presently that level of age-differential problem isn’t big – though you do see some seniors working at Mickey Dees and such.

But imagine a trial lawyer with 100-years of closing arguments on the opposing side? 

The second problem with extreme life extension is it blows up the economy:  There simple are not enough jobs for recycling the bulk of the baby-boomers.  No way.

Cream on  that?  Sure – try this:  Instead of blowing up the Social Security System in 2037, it could happen 10-years, or more, sooner.

It all comes down to the price of the pills.

The only “fiar way” to distribute such pills would be on a couples lottery basis.  Otherwise, only the rich would have the pills and that means an even more embedded special interest group.

As soon  as the Market figures out that extreme life extension may not be such a good thing, expect panic.  Turning back the clock on diseases and such?  Yikes!

I’d make a small wager on how NASA got to working on this problem of life extension. Astronauts have to go through various radiation belts.  (No one has ever told me why this wasn’t an issue going to the Moon, unless, of course that was… well, let’s not go there….)

Point is life extension – repairing DNA level damage due to radiation – would also do things like reverse previously incurable diseases…

Aging could be on the way out.

I’ll leave itd to you to pencil out the details, but we decided to rank this story as more important than the next two stories.

Healthcare Re-Deal Vote Today

yada, yada.  How many words does this really deserve while a vote is merely pending?

Thank God we don’t have a news channel to fill up! 

Trump Didn’t Lie on Taps – Reports

Faux is out with a report of a “Potential ‘smoking gun’ showing Obama administration spied on Trump team, source says.”

When this pops, I can almost guarantee you there will be n o apologies from the lefty media types.

The issue for us is not so much that Menwith Hill, Alice Springs, and the Keyhole series of spy satellites can zoom in on whoever.

More to the point, however is the SAMOS series and its more recent follow-ons.  You need to watch the movie Enemy of the State more closely, lol.

Back to point, the surveillance of Trump, while PERHAPS technically “legal” if it truly was “incidental” is not the issue.

The “Prison Point” for someone will be “Who unmasked the name of American Citizens in the closing hours of the previous ( Ohbummer!) administration.

Someone needs to visit Leavenworth, on this one.

You know the democrats are getting worried when a front page editorial in the NY Times this morning says “Rep. Nunes Is a Lapdog in a Watchdog Role.”

Uh…don’t like the messenger?  Democrats love to ‘shoot the messenger’ – especially when the messenger outs some of the larger spins of the left.

This is not about “Russian influence” – No, this is about finding the felon who broke federal law.

East Coast establishment media seem unable to follow the story, or so it seems from the peace and quiet of flyover country. 

Instead, we read things like the WaPo this morning opining “Forget the post-truth presidency. Welcome to the pre-truth presidency.”

‘Nother day, ‘nother Trump bash.

A Short Side Note:  As as suggestion to JB and the WaPo, when I see a by-line written by a “Columnist” I tend to look them up in the National Society of Newspaper Columnists member directory.  I like to be familiar with other people’s work. 

Since I didn’t remember the Post “columnist” from past Columnist conventions, I was disappointed not to find the aforementioned Post columnist listed as a member

Why aren’t ALL the East Coast Big Paper “columnists” members?  Never understood that.

Hopefully she’ll join and even enter our national contest this year… 

Hell, even Ures truly is a member.  Heloise is a member…Stu Bykofsky’s at the Philly Daily Snooze a member. Steve Lopez of the L.A. Times…Damn fine bunch of writers. 

‘Cept for that dweeb from Texas, of course. He attends hoping something will rub off.

Third Big Change: Oil

Time to clean out the Nasty Nest of Neocons at the State Department.

Here’s why:

While you were sleeping, the U.S. has become nearly energy independent.

This scares the hell out of of OPEC.  In fact here’s an article on Gloomberg worth a read on point: “OPEC, Allies Meet as Oil Market Warns Them: Job’s Not Done.”

Look, here’s the deal:

Obama missed the boat completely on this because he tried to prevent energy independence by blocking the Keystone pipeline.  And we have to wonder if some of the OPECers don’t shove a little dough to the environmental groups.

Here’s why they would do that:  If Keystone gets blocked then the U.S. has an interest making sure there is enough “peace” in the Middle East to keep the oil flowing.

BUT now that the U.S. is on the verge of becoming a net energy exporter, well we can’t be spun around by the Saudis and whoever is holding our nuts over the oil-fueled fires.

The State Department, though, hasn’t changed since those political chameleons known as the neocons showed up.  Their serial disasters since Bill Clinton has been a study of the Peter Principal.

Now that we have a SecState (Rex Tillerson) who knows not only how to read a balance sheet but also how to drill and run Exxon, the constant war-pimping and regime-change stuff can go away.

Here’s where it leads:  The long-awaited war between the Sunnis and Shi’ite Muslims.

We – the U.S. don’t have to play.  Might even help Russia to stay out of things, since they are an energy exporters to Europe, too.

With T.Rex at the helm, “U.S., in Reversal, Issues Permit for Keystone Oil Pipeline…”

As soon  as the ink is dry, I would expect to see a fair number of neocons shown the door. 

Still, they have survived the transition from Clinton to Bush/Cheney and then on to Obama…so no telling what they’ll pull off to cling to the reins of power.

Maybe they can bake some cookies for Tillerson…like they did in Ukraine, perhaps?

Press Release du Jour

Advance Durables from Census: Up…

New Orders New orders for manufactured durable goods in February increased $3.9 billion or 1.7 percent to $235.4 billion, the U.S. Census Bureau announced today.  This increase, up two consecutive months, followed a 2.3 percent January increase.  Excluding transportation, new orders increased 0.4 percent.  Excluding defense, new orders increased 2.1 percent.  Transportation equipment, also up two consecutive months, led the increase, $3.3 billion or 4.3 percent to $80.4 billion.

Shipments Shipments of manufactured durable goods in February, up three of the last four months, increased $0.6 billion or 0.3 percent to $239.2 billion.  This followed a 0.1 percent January decrease.  Machinery, also up three of the last four months, led the increase, $0.3 billion or 0.9 percent to $31.1 billion.

Unfilled Orders Unfilled orders for manufactured durable goods in February, down eight of the last nine months, decreased $0.2 billion or virtually unchanged to $1,114.7 billion.  This followed a 0.3 percent January decrease. Transportation equipment, also down eight of the last nine months, drove the decrease, $1.1 billion or 0.1 percent to $752.7 billion.

Dow Futures are up 54…so the week may finish with a good bounce from the earlier declines.

Peoplenomics.com tomorrow:  The Case Against Marketing and a discussion of how our Aggregate Indices end this afternoon…

Comments

The Big Changes that Matter Are in Background — 40 Comments

  1. The point everyone seems to be missing is that we are ALL being spied on. 24/7. The American Stasi is collecting all data on every American,thanks to Bush Jr. And when the Deep State needs to twist an arm, kill a bill or influence a politician, they just find the right file and dig through it until something juicy pops up.

    Republicans are only getting pissy about it now because it’s damaging their brand.

    Hows about you fight for America and against fascism instead of pretending like your team (the red half of the fascists) holds the moral high ground? You sit here every day shilling for some rich corporate suck-ups who don’t care if you live or die as long as you somehow keep funneling money into their pockets.

    That’s just sad. Sad, shortsighted and ultimately stupid.

    • It’s been going on for 15 years. You’re late to the party. Like I told folks 15 years ago, ‘you may be happy now because a republican is in the white house, but eventually democrats will be in charge and you may not be so happy any longer.’

      Interestingly, the “liberal”, “failing”, “fake news”, “MSM” NYTs agreed to the “prior restraint” (Google “prior restraint”) until after the 2004 election at the request of the Bush Administration. The Times later apologized.

      WASHINGTON, Dec. 15 – Months after the Sept. 11 attacks, President Bush secretly authorized the National Security Agency to eavesdrop on Americans and others inside the United States to search for evidence of terrorist activity without the court-approved warrants ordinarily required for domestic spying, according to government officials.
      http://www.nytimes.com/2005/12/16/politics/bush-lets-us-spy-on-callers-without-courts.html?_r=0

      • Wavecrave, I’m aware its been going on for 15 years…when I tried to make people aware of it all I got called was names. Youre right. Its all about having something juicy on us should we ever become a threat to the deep state string pullers. At least we can say deep state these days and not be called conspiracy theorist which was a term created to demonize people who dont buy the approved narrative.

  2. NAD+ and life extension

    I have a few (but only a few) bones to pick with your assertions concerning the dangers that increases in life expectancy might bring about, but first I wish to define a few key terms.
    The term life expectancy means the average lifespan of an entire population, taking into account all mortality figures for that specific group of people.
    Lifespan is a measure of the actual length of an individual’s life. While both terms seem straightforward, a lack of historical artifacts and records have made it challenging for researchers to determine how lifespans have evolved throughout history.
    Looking historically at average life spans, using generally accepted studies such as the 2010 article published in the Proceedings of the National Academy of Sciences gerontologist and evolutionary biologist, Caleb Finch describes the average life spans in ancient Greek and Roman times as short: approximately of 20 to 35 years, though he laments these numbers are based on “notoriously unrepresentative” graveyard epitaphs and samples.

    Unhygienic living conditions and little access to effective medical care meant life expectancy was likely limited to about 35 years of age. (on Average!)

    That’s life expectancy at birth, a figure dramatically influenced by infant mortality – pegged at times as high as 30 percent. It does not mean that the average person living in 1200 A.D. died at the age of 35. Rather, for every child that died in infancy, another person might have lived to see their 70th birthday. i.e., the difference between a populations average life expectancy, and the lifespan of a given individual.

    From the 1500s onward, till around the year 1800, life expectancy throughout Europe hovered between 30 and 40 years of age. Since the early 1800s, Finch writes that life expectancy at birth has doubled in a period of only 10 or so generations.
    https://www.verywell.com/longevity-throughout-history-2224054

    Average Life Expectancy in the US during the 1800-1850 time period was 37 years
    http://www.legacy.com/life-and-death/the-antebellum-era.html

    A look at the CDC data for those born from 1900 until 2014, https://www.cdc.gov/nchs/data/hus/hus15.pdf#015, shows that a person born in 2014 can expect an average life expectancy of 78.8 years. Yes, females tend to live longer than males, and there are racial differences as well, but the racial disparity is steadily decreasing and the male/female difference tends to be disproportionately influenced by things like wars and risky behavior.

    The point of all this is that in a lot less than 200 years, the average life expectancy in the US has more than doubled without causing a disaster, largely due to better sanitation and health care.

    BUT, a potentially more important factor for individual life expectancy is how well they take care of themselves.

    A case in point is my now 92 year old mother, who was born in 1924 with 9 siblings. She is in generally good health, drives, does her own taxes and so on. She is the sole survivor of her family, the oldest member of her family on record, and the only one who took care of themselves! She is the only family member (other than myself) who firmly believes in vitamins and supplements, the only family member who avoids sugar, alcohol, starches, smoking (back when it was fashionable), and exercise. She has out lived 2 spouses – 1 which thought vitamins were a scam, all her siblings, and a great many nieces and nephews, is the oldest (and healthiest!) of the 6 surviving members of her high school graduation class, and she is probably good for 10 more years.

    Yes, NAD+ is interesting, but is only part of ‘the’ answer. A good overview may be found here.
    http://www.anti-agingfirewalls.com/2014/02/10/nuclear-aging-the-view-from-the-telomere-end-of-the-chromosome-part-2-telomere-molecular-biology/

    Reference: Effect of comprehensive lifestyle changes on telomerase activity and telomere length in men with biopsy-proven low-risk prostate cancer: 5-year follow-up of a descriptive pilot study (September 2013).

    As a side note: It was known by the 1940’s that life could be extended by blood transfusions from younger donors (willing or otherwise). (see Methuselah’s Children Robert A. Heinlein – chapter 7)

    In light of this, and considering that according to the National Center for Missing and Exploited Children, roughly 800,000 children are reported missing each year (the population of a large city!) in the United States — that’s roughly 2,000 per day, you have to wonder how many are used this way. Yes, many are found and returned home, but many are not. How many just vanish, never to see the light of day again?

    There are many types of pedophiles. Sick bastards!

    Telomere length reflects the number of times a cell can reproduce. Longer telomeres relate to longer healthy lifespan for a cell. Repairing defects in DNA, doesn’t, in and of itself, increase the length of the telomeres, and increasing the length of telomeres doesn’t, in and of itself, increase the number of mitochondria (the power plants within cells). i.e., changing the oil in a car is a good thing, but without gas in the tank, it isn’t going to go anywhere. Lots of things have to work together for that to happen.

    NAD+ will not, in and of itself, cause a revolution in human life expectancy, though it might be part of a revolution in human health, which is a good thing. Getting rid of the $150+ billion dollar (some estimates are twice that) cancer and the $245+ billion dollar per year diabetes industries is a good thing. No, I don’t care what happens to the doctors, lawyers, and drug companies as a result!

    As a months supply of NAD+ can be had for less than $25, I don’t see it being restricted to the uber rich, but maybe, just maybe, to those few who take responsibility for their own health.

  3. As a 3rd generation, lifetime drilling guy, let me state unequivocally that we have at least 100 years of oil in the ground at current consumption rates.

    The REAL question is what does it cost us to get it? And what costs are externalized on us (earthquakes, contaminated aquifers, pollution, roads torn to hell, etc.). The cheapest oil is in KSA, but even there, lifting and finding costs have risen. Yes, we have lots of technology, but these technologies are not cheaper. However, now they are REQUIRED to find and get the oil.

    As oil gets expensive, smaller pools look attractive. When oil is cheap, the smaller pools look like crap – can’t make money. What we know is that the high tech stuff is NOT OPTIONAL if you want to get these unconventional deposits out – it costs lots more to get it out.

    It is still profitable, more so with money lending at the rates we have today. But when interest rates go up the payouts have to be bigger – reduces exploration. When prices go down, little pools are ignored as they can’t pay out and tech-expensive are shied from for the same reason. When interest rates go up and prices go down – crunch…

    It costs a LOT more to get what we have out of the ground today, period. And the size of the “big discoveries” are in constant decline. In general, they buy a year or two of lowered dependence on imports. But again, that depends on the price (oil price and interest price).

    Look, Mexico and Indonesia are now net importers, and PEMEX and Pertamina have access to the same tech we do here – yet they import and they are OPEC!

    Think critically – and by all means ignore politicians and investment houses and oil company statements when it comes to oil. They lie constantly by obfuscation and omission.

    • Thank you oilman. Sure, theres plenty of oil left to harvest, its mostly the more costly oil to harvest that will eventually become cost prohibitive. Ive also heard that most of the better grades of oil, light sweet crude, are in deep decline and thar the lesser grades, not only costing more to reach and harvest, they require more costly refining too. So there may be plenty of pil left but will we average people be able to afford it once it hits the pumps?

      • I typed the above response on my cell. Its not easy to see what was typed or go back and look at it. Sorry for the typos.

    • a friend made a delivery at the oil fields in North Dakota.. he got into a conversation with one of the engineers.. the engineer handed him a jar with oil in it.. and said this is the oil coming out of that well.. there is enough oil estimated to last the USA at present levels for x years.. and he said they want it capped off so they can buy oil from another country till they run dry first..

  4. Yes I signed up for it but do not immediately plan on using it unless unless,unless. I want I joy ride at 65 , no telling who I may meet. Just like in new York city subway , except ,were home folks who need a lift ,by internet , heaven help us when that goes down,except we have stuff new york,and california doesn’t, , community,who is your neighbor

    • Hmm well now living here in N.Y. in a small rural community we have very good neighbor’s, and a good community we mostly mind our own business and let others do the same, yet if one needs a helping hand its always there…

  5. Why not a problem with those worthless bonds China holds, for all we have to do is trade them one of those oceans of oil we have, which of course is only a figment of our imagination, the same figment that we had years ago that’s why we went to fracking its oh so much cheaper you know…

  6. I like the idea of the immortality pill.That way,I’ll be around the next time that Rutgers plays Notre Dame in NYC,a game that Obamacare forced me to miss in 2013 due to a shortage of a drug I needed caused by the law covering new conditions.The two teams last played there in 1921,so that pill should keep me around until 2105 or so.

  7. This should help US to be oil independent: Nov. 2016 – Geologists say a new survey shows an oilfield in west Texas dwarfs others found so far in the United States, according to the US Geological Survey.

    The Midland Basin of the Wolfcamp Shale area in the Permian Basin is now estimated to have 20 billion barrels of oil and 1.6 billion barrels of natural gas, according to a new assessment by the USGS.

  8. hello yeah we’re going to talk about changes yeah you know the big corporate government ran by Rockefeller who died and Rothschild and who is he a good person I don’t know you determine that and tell me what you think and the rest of the world the banking industry the Federal Reserve and all the other stuff from outer space and all the people from outer space that live here on this planet or visit and come in and out and change our world anyway let’s get down to your world where do you live at do you live in an urban environment or do you live in a rural environment well you know I think I posted this sometime in the past that there is a thing call Net trans. Org supposedly from their website it’s non-profit anyway I live in Rogersville Tennessee out in a rural area I live 10 to 13 miles from the town takes 13 miles to get to Walmart in about 10 to get to some other stores like the Save-A-Lot or the co-op , so anyway what was I getting at let me see ah it must be about MONEY…. THE POWER that these people ha ha ha ha who claimed to rule us, they claim to be our God’s. They are like hey we want the power to determine what you can and can’t do you know yeah they do that you know it’s like hey I’m the senator of this doggone thing and I think we need to raise the prices on people who don’t have insurance and we’re going penalize them and penalize them some more and do all that stuff man and I mean this is for the good of the country. I mean. we just gotta do that you know , well that’s what they think anyway because they got the orders from the corporate managers for like hey if you do this and put this into your system hey we need some more money on our profits profits are everything right George wrong George living a good life living within your means making money is good but when you joined the organization the powers-that-be that the only thing they want is more power so that they can be at the very top of the pyramid and the people at the bottom suffer and they the people at the top don’t care they are like you can suffer and suffer I have no feelings for you die tomorrow haha hey just give us some more money that’s all we care about wow haha hahaha do you think it’ll ever change I don’t know but anyway back to net trans. Org it’s like this net trans will come out in the van it’s a nonprofit organization they’ll come out and you know you call them up they have a number and say hey can you pick me up in a day or two yeah you got to have at least a 24-hour notice they will take you to 3 different places and you’re allowed 3 big bags of stuff to carry with you you know so it’s good to get the biggest shopping bags you can hahahahahahaha instead of three little teeny bags and anyway they take you where you want to go and drive you around and drive you back home for $8 round trip yeah that’s up to a 20 miles out and twenty miles back $8 for a round trip can you imagine that 8 dag gummit dollars that’s all oh well just say that just say that you need to come in once a month

    • And you can get everything in three bags which you can’t probably you know unless you’re really senile and don’t have anything going on around you but let’s just say that you did it twice a month that’s $16 hey that’s pretty cheap now you got 6 bags let’s say you did it once a week alright there there you go you’re starting to get into the controversial area of ratios what is it worth well 4 x 8 is 32 and 4 X three means 12 big bags yeah so let’s just say that you need to go twice of week let’s just get way out there twice Ooh Ahh live twice a week well that’s 8 x 8 that 64 dollars right all right now let’s just let’s just take it out there a little bit father net let’s go everyday it takes it takes $8 times 30 that’s 240 dollars you get to go three places in town haha yeah I figured that out you get to go it every day for $8 right in town now what’s happening well all right now let’s get down to the basics how much does your insurance cost you I mean for liability and if you have a nicer vehicle you have to pay extra right alright let’s just say 40 to I guess maybe $100 a month somewhere around there then you have the COST of maintaining a vehicle then you have the cost of your driver’s license and then you have the cost of going in there to do all that unless you do it by mail alright so I mean you’re gonna have to get your tags they’re going to cost you 50 plus bucks hey man yeah you’re going to have to live in an area of that that once inspections on your vehicle like if you live in California you got to have certificate this Asus things okay for smog I mean and then you got to got to make sure you have driver’s proportional lean to the right you know for how many ever many years and there’s more things that I can’t even think about but anyway it cost you a lot of money you know why it’s because everything is ruled and run by a corporation and you know what corporations used to do they did not used to operate for profit they used to operate for the community and then if there was anything left after the satisfaction of the community then the shareholders got a profit but now it’s opposite we’re trying to screw the community and what we’re doing now is were making beaucoup profit because that’s what it’s all about Corporation stock market the top of the pyramid and if you’re on the bottom so what do you want to do do you want to keep making lots and lots of money or do you want to get rid of in the hope that guy Rockefeller and hope for a few more and maybe a thousand maybe twenty thousand or even a million of the top people go to the Wayside can exist and live and you know at least have a bicycle so they can do the things instead of like I can’t afford to do anything you know reinvest into the small people not the people at the TOP

      • So now you know who the demons are and you’ll have Exorcist them from your life

      • Hey thanks a lot dude. I really needed that. I was mind boggled before, but now I’m better. I really have a better understanding of whats going on the world, thanks again.

        I’ll be your HVAC guy
        :-)

  9. George:

    GREAT column today to fishwrap the week.

    “Fishwrap” being an homage to my old pal Herb Caen of the “SF Chronic”. Your musings frequently remind me of Herb and make me miss him even more… but, thanks for the memories. [My own homage to Herb is to use his 3-dot journalism style… ever the bane of compositors it still earned him a Pulitzer!]

    I always thought they should invent a neon multi-colored cocktail and call it the “Van Allen Belt”, or maybe they already have since I tend to avoid trendy saloons where the bartenders juggle like a Ringling Bros clown. I much prefer a seedy little dive where some guy may whisper from the dark, “pssst – Hey Buddy! Wanna’ buy a Maltese Falcon…?”

    Here’s to a good weekend down Palestine way!

    • Your comment reminded me who much George reminds me of Herb Caen, who, I bought the Chronicle just to read the entire time I was in the Bay area. George does belong in the same class as Herb. Damn Well Done, George.

      • I should live so long to write so well as Caen! But I did work with Emmett Watson for a while and he was pretty good, too…the Seattle P.I. back in the day. He did radio commentary for us in my KOL days.

      • Count me in; I spent decades reading Caen and, now that you mention it, Ure does bear comparison with the Sacamenna Kid.

  10. You think an anti aging pill scam is more important then the republicans trying to slam a health bill past us. A bill that is dubbed Ryancare? A bill that wants to take from the people and give to the corporations. omg

    A net oil exporter, yeah at what cost. No talk of why in the heck we can’t find another source of energy. These crooks are going to kill us all.

    Don’t worry take a pill. Why is it today’s society thinks everything comes in a damn pill.

    I guess I’m like one of the few people that looks at our government as both sides are the same. Why can’t people see the division and what its doing to us.

    A pill-

    I’m getting sick of being the HVAC guy people don’t deserve the comforts I provide.

  11. Oil is a fungible commodity. It flows like water to the highest bidder. Military action only protects sellers. Buyers must still pay the highest price. U.S. involvement in oil wars serves only a few extremely wealthy elites. Period.

  12. Oil independent? bullsh.
    The US uses 5.6 billion barrels of oil a year, and our estimated reserves are 35 to 45 billion barrels.
    6 to 8 years until dry. With fracking we are getting really good at taking the last oil out of the ground.
    even if there is twice as much oil under our soil, I expect to see most of it gone in my lifetime, and, I’m 65.

    • Could’nt agree more we have heard the old song and dance that we are swimming in the black gold, but the truth is all the easy to find and pump oil went out years ago, and that’s why they are out in the ocean and other far places trying to find the ever harder to find and produce and ever more expensive oil.Then factor in the fact that they have gutted our industrial base which run on oil and oil products and it turns up just what you said bull*hit..

    • And it will cost more to extract that oil with the newer technologies. There’s a reason why deep sea oil drilling is the norm now, because the oil co’s have to keep going deeper and deeper to find it. All that cost money and will eventually make oil derived products much more expensive. The only way to extend which is easily retrievable is to push more people into public transportation and to be like sardines in the urban areas. In Portland, where I live, we are seeing increasing density become a big issue as more and more people move here. Traffic is horrible and we must compete with bicycles who the govt favors, homelessness is huge and growing, property crime is rising and is blatant during daylight hours. Many people who thought living in the city was going to be grand are now wanting to move back to the suburbs.

      As far as the new pipeline, I’ve always thought that pipeline from Canada to Texas ports, will someday act as a dividing line, like the Berlin Wall did. Complete with armed guard stations along the way. The western half will become part of China in this scenario.

      • Iworked in the oil patch for years there is so much oil out there it will take hundreds of years to depleat it. You are stupid and uninformed . That is the same old line the oil companies have used for years to take way to much money. New technology ie horizontal drilling brings old fields back up to original production. New fields ie west texas. Fields in northern alaska kept out of production by animal rights groups. I could add many other sources.

      • Something like a current “Man in the High Castle” situation could happen. If China ever demands payment for all those worthless bonds we floated them to cover our profligate spending, the only thing of value we can offer is real estate.

      • Conrad, I guess you wouldn’t want to hear my thoughts on potable water then… LOL…

    • Well, Conrad, I have a $30,000 long position on the price of oil. I think it will go above $100 in the next 5 to 7 years. Or tomorrow if the Iran-Saudi war starts.
      That great new permian basin ’20 billion barrel discovery-it has been known of for 30 years’ will supply only 4 years of US consumption. But, take 20 years to exploit.
      Horizontal drilling is taking the last of the oil out of the fields.
      I think you should buy a big truck.