Friday, July 18, 2008

Blackouts Spread

The daily synthesis comes courtesy Falls Church News Press.
Unfortunately, several major countries appear to be on the path to an energy shortage-induced economic and perhaps political collapse within the foreseeable future which obviously will have serious consequences for us all.

Currently, the most serious situations appear to be in Pakistan and Bangladesh. Both are nations with populations in excess of 150 million people that are ensnared in devastating power shortages that have destroyed their export industries. Both are facing water and agricultural problems that threaten their food supplies. Liquid fuels are running short and reductions in exports threaten their ability to import oil and natural gas. It was recently revealed that the Saudis already are forgiving $6 billion of Pakistan's $12 billion annual oil import bill.

On top of this, Pakistan has nuclear weapons and its strategic location is vital to the course of the insurgency in Afghanistan. Worsening blackouts, the liquid fuels shortage and probably the food situation are likely to lead to serious political instability before the year is out.
Where race/caste, cornucopian/population, peak oil/energy and Mayawati musings all blend together to form a vaguely coherent whole.