10 Replies to “It’s Probably Nothing”

  1. I’m sure many are able to understand and read this graph much better than I, but to me it looks like a record of the health of the economy.

  2. There is also a link at the website that shows motor gasoline demand. It too has an interesting decline that stabalized through 2009/2010.
    Is there a similar index showing rail shipping tonnage over the same period?

  3. Another Obama promise fulfilled!
    The reason the Kyoto targets were set vis-a-vis 1988 was because in 1989 the Post-Soviet (Russian) economy collapsed and, as a consequence, CO2 emissions plunged.
    US CO2 emissions are driven largely by electricity generation and transportation fuel consumption. Both have plunged since 2009. Why? Because the US economy is collapsing thanks to applied Obamanomics. It’s undergoing a slo-mo version of what happened to Russia in 1989-90.
    So you see, Obama IS saving the world. Temperatures and sea levels are declining, CO2 emissions are falling…paradise is just around the corner!
    Oh, and cannibalism. So stock up on Worcestershire Sauce, while there’s still a Worcestershire.

  4. What I see is 1% decline this year and 2.3% decline from Sept 2007 to Sept 2011 to a point lower than same period 2008, 2009 and 2010 with a downward trajectory. I think we need more government intervention and crony capitalism to fix this or we are all doomed.
    My ferverent hope is that people (including the elites) will realize that the problem will not be fixed or worsened by a super committee or a Congress or a President. The current stalemate is better than Government help. When the wealth creators at the margin become confident that the wealth they create will not be consfiscated or shared with others against their will, then and only then, the economy will turn.

  5. Agreed rroe – there is a lot of ‘pent-up wealth creation’ out there.
    People like to live, and live their dreams. But sometimes they are oppressed. Just ask anyone from the former USSR, East Block.

  6. The only thing I am going to say here is that if the next POTUS, whoever it may be, does not kick start the North American economy by massive domestic energy exploitation and thus create a deliberate OPEC surplus to drive oil price significantly lower so to attract manufacturing business back on our shores; then we will have to sincerely consider that a new world governance by design is well anchored and that Alex Jones is not a crazy conspiracy theorist.;-)
    http://www.youtube.com/watch?v=eAaQNACwaLw

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