“Peak oil is a myth there are vast untapped reserves that are untouched, only the enviroweenies stop us from tapping it. Just as they stop us from the only solutions that would fix our energy problem: nuclear and hydroelectric.”

Yeah, about that…

Whether or not there are currently untapped reserves of oil, can we all agree that oil is a resource in limited supply? Either it’s limited or the earth is constantly making more of the stuff, like a fecund goose laying gold whenever you need some.

The Whiskey room subscribes to theories about the abiotic origin of oil about as much as we subscribe to the curative power of government intervention. We take it that oil — the lifeblood of industrial civilization — has always been limited in supply and we’re past the peak of the global production curve. Finding a few billion barrels here and there merely forestalls the day of reckoning a bit.

Not that there won’t be energy sources to pick up some of the slack. In fact, our geologist and oilman Byron King specializes in finding profitable energy plays.

A new Shooter has a pressing question:

“My only issue with what you do is that it appears that you spout, “the end of the world is coming” and then try to sell product to help me avoid it. To a large degree, I feel like I am being hustled. I will continue, at this point, to read what you write because some of it is useful and the rest I just have to realize is entertainment. I am a relatively new reader so perhaps I will change my mind……………or find that my initial statement is true.”

Okay, we could tell you that everything’s fine…or we could tell you that the world is ending and just wish you the best…or we could tell you that we honestly thing the world as you’ve known it is ending, offer some broad commentary for free and then ask you for money for our best, specific advice.

Agora Financial offers a 90-day money-back guarantee. So you’re free to try it for three months. Paper trade with it, or actually invest a little money in our strategies. Whatever you do you can get all your money back before the end of three months — even if you’ve profited! — and we won’t ask any questions.

Our ideas are our stock and trade. We literally sing for our supper, Dear Shooters. If we didn’t charge for our profitable ideas, we’d soon die of starvation or exposure. Then who would pour your shots of Whiskey? And if our ideas didn’t make our readers money, we’d have been out of business long ago.

So keep reading…stick around and enjoy the daily shots for free!

In response to yesterday’s missive from James Howard Kunstler, a Shooter raises these questions:

“Mr. Kunstler paints a very dire portrait. If the upheaval he is anticipating happens, why does he think politicians can do anything about it. He said they missed their chance in prosecuting the bankers but what I don’t understand is why the media is giving a pass to the politicians. Last I checked we bailed out Fannie Mae with taxpayer money but Franklin Raines gets to keep his millions in severance without returning it to the federal coffers even though taxpayers are bailing out HIS COMPANY. President Obama talks hypocrisy with personal responsibility but doesn’t return the campaign donations he received from his #1 donor, Franklin Raines, nor the lobbying money he got from Fannie Mae. Christopher Dodd and Barney Frank harangue AIG and various bank executives but they never mention Mr. Raines because they were the #1 and #3 r ecipients of Fannie Mae lobbying largesse in order to look the other way when there was an attempt to regulate Fannie Mae in 2005. I don’t see them returning this money. Nancy Pelosi is allowing the raise to go through for congressmen and yelling she needs a larger jet to get home to California to do the people’s business. Maybe we should bring back tar and feathering of politicians while we are pillorying bank executives. They certainly have been in bed together while the taxpayer has been royally screwed. It would be nice for the media to place some blame in Congress and demand they return this money. I don’t see anyone screaming for them to return their lobbying and campaign donations from those companies they bailed out with OUR MONEY. Why is the media so silent on this?!!!”

I have no idea, Shooter. But that’s why we Whiskey gadflies are here. And unlike those crooks, we’ll return your money if you’re not happy. So tell the politicians to go pound sand with their bailout and take a look at ours instead.

Tomorrow we’ll look at your responses to James Howard Kunstler’s comments on Glenn Beck…

Regards,
Gary Gibson
Managing Editor, Whiskey & Gunpowder