Saturday, December 29, 2012

Everything Petroleum Does, Hemp Does Better




Becca Wolford, Contributing Writer
Waking Times
We are in an economic crisis. But don’t panic, there are always good things that come out of crises. It’s all a matter of being aware, being ready, and being educated.
Our economy, put simply, really sucks right now. But the United States is not alone. Other countries are facing the same pain. There are several factors that have had a hand in the decline.
Here is a simplified example:
A country has good currency and a strong economy. It sees a population growth and economic growth. More programs are implemented (public works, healthcare, public housing assistance, welfare, Social Security, Medicare, Workman’s Comp., etc.), aiding in influence in economic issues and politics…and then the money and influence gets channeled into a huge military fund/presence. The military is then utilized, and enormous expenditures occur (funding wars). This transfer of money, or wealth, is the cause of economic pain for most of the population, and results in inflation and the declining value of the dollar.
(image from rickety.us)
Here are the main reasons for our economic state today:
1. Housing Bubble
2. Record amounts of debt
3. Oil
If you look at history about 100 years ago, when the big oil boom started, that is when the economy surged and the population started seeing an increase. And, when you think about it, almost everything you have is the result of oil. Clothing, food, homes, vehicles, transportation, electronics, household goods – all are/were dependent on oil, either in the manufacturing of those goods or the transportation used in getting those goods to you.
The United States uses 25% of the world’s daily oil supply, and imports 70% of that. (forestecologynetwork.org)
Oil is not a renewable resource, and it is a DECLINING resource. Easy, cheap oil is on the decline. Countries are seeing a decline in oil extraction, and there is a rush to find either new oil fields or alternate sources of energy. Again, at this point, it is the EASY, CHEAP oil that is on the decline.

Global oil production is declining at 8-10% per year. And what does this mean? Higher prices. For EVERYTHING.
Now, this is not the end of the world as we know it. There IS a solution, and that solution is HEMP.
Hemp does everything that petroleum does, AND BETTER!

read on...

No comments:

Post a Comment