Heinberg, 11-5-22

“This month’s Museletter consists of two essays,” the author writes in an intro. “The first . . . looks at parallels between today’s energy/economy crisis and my 2003 book The Party’s Over. The second, ‘Blues for America,’ was inspired by a concert I attended recently and discusses Wynton Marsalis’s suggestion that the blues should be America’s national anthem.” (Both begin below.) — MCM

   

Oil, war and the fate of industrial societies

By Richard Heinberg | Post Carbon Institute

The world teeters on the brink of economic disaster due to energy shortages caused by war. The main oil-producing nations are unable and unwilling to increase output, even though prices are high and threatening to go much higher. The solutions being proposed—electric cars and renewable energy technologies—are coming on line, but not fast enough. Building them to the scale required to maintain current levels of economic activity and societal complexity would require enormous amounts of minerals and metals that are also becoming scarce. We appear to be hurtling toward geopolitical and economic turmoil.

Does anything about this scenario sound familiar? It might. It happens to be almost exactly what I discussed in my book The Party’s Over: Oil, War and the Fate of Industrial Societies, published in 2003. I have no interest in rubbing salt in society’s worsening wounds by saying “I told you so,” but it would be a dereliction of duty for me not to point out the facts.

My book was one of the first to discuss peak oil—the point when supplies of the world’s most economically pivotal resource start to dwindle. Of course, the most pessimistic predictions for the timing of the peak were wrong. Many analysts thought that petroleum production would start to decline in the years between 2005 and 2010. Instead, the rate of global conventional oil extraction flatlined during that period, and is just now beginning to descend from its long plateau. Meanwhile, unconventional oil (tar sands and tight oil produced by fracking and horizontal drilling) enabled new heights of production starting around 2010. The general consensus thereafter was that oil supplies can easily continue to increase for the foreseeable future; all it takes is more investment.

My organization, Post Carbon Institute, documented in great technical detail that the new unconventional oil sources were a flash-in-the-pan, and that world oil production was still set to enter its inevitable long-term decline phase quite soon. But very few listened. Where peak oil was still mentioned, it was framed in terms of peak demand resulting from the universal electrification of transport modes.

Today oil supplies are tight once again, as they were in 2008, before the fracking boom. But now there is no fracking cavalry waiting on the horizon to swoop down and rescue the global economy. Indeed, the only factors keeping oil prices from going stratospheric today are depressed Chinese demand (due to Covid restrictions) and fears of a global recession (triggered by high energy prices).

In July, President Biden went hat-in-hand to the Saudis, begging for more oil output. Instead, as of mid-October, OPEC+ (a loose affiliation of the 13 OPEC members and 10 of the world’s major non-OPEC oil-exporting nations) is planning to cut its production by two million barrels per day. Political elites in Washington read this as the Saudis trying to interfere in the upcoming US midterm elections by causing gasoline prices to rise, thus nudging voters toward Republican candidates. While that interpretation may ring true, the fact is that OPEC and Russia cannot produce much more oil in any case. If their tired old oilfields were forced to yield more oil over the short term, the result would be less production potential over the longer term.

On October 11, Saudi Aramco CEO Amin Nasser told a conference in London, “Today there is spare capacity that is extremely low. If China opens up, [the] economy starts improving or the aviation industry starts asking for more jet fuel, you will erode this spare capacity.”

Is Nasser exaggerating for political effect? If anything, the Saudis have been hiding their production capacity constraints for years in order to . . . READ MORE . . .

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Blues for America

Recently my wife Janet and I splurged on tickets to a spellbinding concert by the Lincoln Center Jazz Orchestra. The music was memorable, but a comment by orchestra leader and trumpet virtuoso Wynton Marsalis proved even more so. Marsalis introduced a blues number with the seemingly off-hand suggestion that the blues should be America’s national anthem.[*]

The audience laughed. But I, for one, took this as a serious and brilliant suggestion. It’s worth some discussion.

The blues is a uniquely American (at first solely African-American) musical form. Unlike minstrel tunes and cakewalks, it wasn’t easily hijacked by the dominant culture in order to parody and demean African Americans; nor was it, like ragtime, adapted by Blacks from popular Euro-American dance forms like the march or the two-step. Instead, it erupted directly as a raw response to degrading conditions forced upon resilient, creative people by the deeply racist society that had kidnapped and enslaved their ancestors. In both form and expression, the blues was startlingly original. And, in its first iterations, there was almost nothing commercial about it.

The blues began to emerge in the South, probably at around the time of the Civil War. However, an exact year or place is impossible to pin down. In 1909, W.C. Handy copyrighted what is often cited as the first blues composition, “The Memphis Blues,” but it was not written strictly in the form of a blues. Further, it was preceded by Jelly Roll Morton’s “New Orleans Blues,” composed in 1902 though not copyrighted until 1925, which was a true and iconic blues that still sounds thoroughly hip 120 years later.

There is early testimony in recorded comments by Morton and his contemporaries that, at the turn of the 20th century, the blues had already been around for a while, maybe even a couple of generations. Since the first blues singers to . . . READ MORE . . .