The Screaming Pen

Providing Global Insight, Context, and Perspective

Classic Pen: On Prose and Politics

VIA MEDIA
We shall not cease from exploration
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time.

T.S. Eliot, The Four Quarters

Of the events of the 1930’s leading up to the Second World War, no other event inspired young ideologues more than the Spanish Civil War. Young Intellectuals enlisted in droves to fight on both sides, including the writers Ernest Hemingway and George Orwell. The socialist backed International Brigade, funded in part by the Soviet Union, allied with Spanish Republicans in an attempt to defeat the Spanish fascists led by General Francisco Franco in a war that served as a precursor to the war that by 1940 engulfed most of Europe.

A portrait of the artist as a young man

Nancy Clare Cunard, a left wing intellectual living in Paris at the time, sent out a questionnaire to two-hundred writers living in Europe. She posed the following question: “Are you for or against the government of the Republican government of Spain? Are you for, or against, Franco and Fascism? For it is impossible any longer to take no side.” The Anglo-American poet T.S. Eliot responded with a “neutral”, leading to the assumption by Cunard and others that he was either politically ignorant or sympathetic to the fascists. This was not true, however, as he was a believer in “via media” or the “middle way”, a belief that moderation is the only stance that takes into account the shortcomings of human nature. During a debate between T.S. Eliot, a fascist writer, and a communist writer, T.S. Eliot mentioned the following:

“Fascism and communism, as ideas, seem to me to be thoroughly sterilized. A revolutionary idea is one which requires a reorganization of the mind; fascism and communism is now the natural idea for the thoughtless person. This in itself is a hint that the two doctrines are merely variations of the same doctrine: and even that they are merely variations of the present state of thingsā€¦. What I find in both fascism and communism is a combination of statements with unexamined enthusiasms.”

Eliot believed that these “unexamined enthusiasms” led to irrational decisions during a time when rational thought was completely necessary.

This example of moderation is still relevant today, as we are faced with an increasingly polarized nation where sides are being taken and decisions are being made, sometimes irrationally. It is always important to take a step back and objectively examine issues in context. At thescreamingpen.com we attempt to place news events in context, while providing non-partisan analysis and perspective.

-JPL

August 22, 2006 Posted by | Author: JPL, Business, China, Energy, Europe, Financial Markets, Flat Tax, Uncategorized | Leave a comment

It’s a Definite Maybe

Alternatives to Black Gold

Bean Guzzler

When Tim Kay used his internal combustion engine to power a carriage in the late 19th century, the modern automobile was born. Originally hailed as an environmentally preferable alternative to manure dropping horses, the automobile’s reliance on refined oil -and our reliance on the automobile- has yielded several positives, namely economic expansion, industrial innovation, and Jed Clampett’s accidental discovery of Texas T, which led to the relocation of his family to Beverly Hills. It is also apparent that our reliance on oil has caused serious problems, including pollution and dependence on foreign oil in times of high prices. It is apparent that there may be an interesting side effect to high gas prices, however, as alternative sources of energy become profitable to produce when oil and gas prices are high.

The Options
Alternatives to purely gas and diesel powered vehicles are plenty, although for today’s discussion we will focus on the most likely options. They include completely replacing oil as a fuel, finding new ways to extract oil in different forms, and blending today’s fuels with additives in order to increase efficiency and decrease emissions. New technologies that could help accomplish these ends that were not economically viable to produce when oil was cheap, are now economically viable at $70 per barrel oil. Economic viability implies that if conventional oil is at a price lower than what it costs to produce an alternative, the alternative will not be produced because consumers will purchase the cheaper good. Along with providing insight into the direction of alternative energy, this is an important exercise in illustrating the market’s role in the energy issue. So far, it is apparent that the only way a move away from conventional oil will occur, is if market prices dictate a move, as tax credits for hybrid vehicles at both the state and federal level have been largely ineffective.

Shale Oil

The harvesting of the oil sands in western Canada have resulted in an economic boom in that area. This project, initiated on a large scale when oil became pricey, should serve as an example to America, who has similar reserves in the mountain states. Shale oil, which is held in porous rocks and is expensive to extract, is abundant in the Green River Basin of Colorado. It is estimated that the Green River Basin may hold up to two trillion barrels of shale oil. Cambridge Energy Associates estimates that it is viable to extract shale oil when crude is around $50 a barrel.

Related links:

Raytheon teams with Hyde Park Company for Shale Oil

BLM picks Oil Shale Development Candidates

Biodeisel

Biodiesel is a mixture of diesel fuel and vegetable oil that produces a cleaner burning fuel with fewer emissions. The vegetable oil acts as a natural detergent that cleans oil lines better than the chemicals that are added to diesel. It is estimated that the production of Biodiesel makes sense from a profit standpoint when crude is at $80 barrel.

Related Links:

Countries Largest Biodeisel Plant Planned

Interest in Biodiesel Increases with Price of Gasoline

Concerns

Although it is likely that we will eventually move to an alternative to conventional oil, OPEC nations would merely have to increase production for an extended period of time in order to drive the price of oil down, again making these alternatives unlikely. In order to be effective as a cartel and continually bring in the American dollars that prop up many of their economies, the oil producing nations need to do a better job from the production end. A shift away from oil would wreak havoc on the economies of Iran, Venezeula, and Russia, nations who are dependent on international oil sales. Also, this technology will not be adopted overnight, meaning that the current price of oil with regards to viability is somewhat irrelevant. If companies and investors believe that increasing oil prices are a secular, long term trend, then it would be absolutely necessary to begin developing alternative technology now, as a paradigm shift in the energy business could leave energy companies without an alternative energy business facing a loss in profitability.

-JPL

May 10, 2006 Posted by | Author: JPL, Energy, Oil | Leave a comment