Seems Like Dogs and Ponies, But Real Life Is Serious

Economic Digester: Energy Is Priced Into Life

Dog and pony shows are very entertaining and needed on any “blog”. I happen to have a couple of dogs and ponies myself.

The first dog to jump through the hoop is constrained international tanker transportation reserved for U.S. petroleum service. Petroleum tanker prices have increased, and go to previously unknown highest bidders. Today those bidders are the Asian economies. One must recall past Asian rates of growth.

Growth in Asia brought a consequent need of energy, which is fueled by coal, petroleum and natural gas. Global economics is where we are, and a reality. The growth in Asia might slow, but their capital outlays must be fed and will become a part of the global economic cycle. Essentially, they will also fuel energy demand at higher rates than once known.

We have a second dog that hops like a jump-roping champion, but fails in fatigue. Nuclear and wind energy fit into this proposition. Sadly, nuclear once again encountered an unfortunate moment. Real problem is that an unfortunate moment contains untold waste.

For wind, it's intermittent, expensive to build and not reliable. Characteristics of such manner dispose wind to intermittency charges when connecting with established utilities. Still, nuclear and wind jump so high in hopes to appease, but in the end have only fatigued.

Still, so much money has been put into the two. Solar can have promise through a very real dynamic being realized currently in commerce. Look at Walmart’s roofing systems.

A prancing pony is now needed. Pony prancings are sustained quantities of what all know and have known…. that being conventional energy.

In this proposition, look at technological development among emerging economies. These countries happen to be the fastest, but hardly the largest, growing economies. Such emerging countries are only now engaging in this century, and its associated technology. They don’t have the capacity for scrubbers, digesters, paced burn-offs, or best practices.

These governments are learning how to integrate commerce with people, and the national forces that come. Like nature’s cyclone, they are learning a new human dynamic, aside from technology. That dynamic is in seeing people, for a first time, with the ability to earn cash on the proposition of work. It is a dynamic that allows these new citizens to buy something they want;  a new set of shoes, pants, a dress, maybe a house. Integrating these people into their systems of governance is the current challenge of rebalancing for emerging countries.

Some emerging countries such as Iran and Syria have declined the global invitation, in a manner that affronts civilization.

Sadly to say, ironic to say….is their particular place in international history and seat in petroleum production. Iran’s lament is obvious among partners in history, and to those that must have a kindred spirit. Mutual fathers found oil on that ground.
   

The Arab Spring started yesterday, on soil no one anticipated. Currently, the concept continues where least expected, and today has influence among those most expected.

Ultimately, we in the U.S. need work for our families. Our jobs can help fuel jobs for families across oceans. We need something, the working countries of this world need something.

Together, there is cause to be had among humanity and business.