OIL STORM - Life Imitating Art

Did ANYONE see this movie on FOX5
abt 2-3 mths ago?

it depicated a storm hitting the gulf & gas prices going up, homes with not oil for the winter, political unrest - little scary as it is now REALLY happening....

did anyone else see this movie but us??
it came on a sunday night

here is a caption of it

Oil Storm

The Daily Reckoning - Weekend Edition
July 9-10, 2005
Baltimore, Maryland
By Addison Wiggin and Kate Incontrera

MARKET REVIEW: OIL STORM

Oil has been called “the life-blood of America.” What happens if it suddenly runs dry?

That was the question posed by the cable network, FX, in a recent made-for-television movie, “Oil Storm.” Done in a “mock-umentary” style, “Oil Storm” depicts the consequences of America’s reliance on oil in a series of delectable “what if” worst-case scenarios.

If you didn’t see the movie (when it aired in mid-June), here it is in a nutshell: a category four hurricane destroys a vital pipeline in the Gulf of Mexico...panic sweeps of the nation...speculation drives the price of crude higher and higher...U.S. government turns to Saudi Arabia for oil...Saudi extremists commit terrorist attacks, killing 300 American oil workers...America sends troops to Saudi Arabia...still major lines at gas stations...Americans begin to turn against each other...the U.S. government decides to turn to Russia for oil...the Russians help in return for an investment in the upgrade of their pipelines...oil falls from it’s high of $153 a barrel down to around $77...and all is right with the world.

The steadily rising gas price results in major loss of American lives, a U.S. military expedition to the Middle East, a major depression, and martial law in effect across America. This is, of course, a gross oversimplification. Could these situations occur? Sure. Maybe not. We don’t know. But the chain of events was outlandish enough… we thought maybe one of the Daily Reckoning promotional writers might have had something to do with the plot!

The “mock-umentary” is a bit absurd. But it’s also fun. And the truth is, for the first time, given China’s demand for energy is growing by leaps and bounds (with India not too far behind), America has major competition for energy resources.

“Oil Storm” reinforced one of our major themes here at the DR: the United States depends daily on the kindness of strangers to bail them out. The strangers, in this case, ended up being the U.S. long-time cold war foes Russia. Oh, the irony!

But, we wondered, what would have happened if we had no other country to rely on?

What “Oil Storm” fails to mention are viable alternatives to oil. There are no mentions, for example, that U.S. companies are making huge leaps in “clean-coal technology;” a way for America to utilize a natural resource that we have 254 billion tons of to help ease the reliance on oil. Not a peep about the immense supply of uranium in the U.S and Canada, or on the technological advances and increased safety measures in nuclear power. Liquid natural gas? Yeah, right!

In a movie - that even your doom editors at The Daily Reckoning found to be “gloomy” - the United States’ dependence on oil was a fait accompli. Their solution? Get more oil.

Hmmm...and the final shot was a SUV nonchalantly driving down the street, relieved that gas prices had dropped. Did we miss something?

Kate Incontrera
The Daily Reckoning

P.S. Maybe FX didn’t want to give you the full scoop on the use of liquid coal or nuclear power as an alternative to oil...but we know someone who will. Outstanding Investment’s Justice Litle tells us that liquid coal will play a huge role in the future of China, the United States and India. And you could make a fortune on the right investments. Possibly doubling and tripling your returns in very little time. Read his full report here:

The Mad Dash for Clean Coal

P.P.S. For more on the resurgence of nuclear power, see “Flotsam and Jetsam” below…

And one more thing…

Whether you’re battening down the hatches for an “oil storm,” or Hurricane Dennis, you are definitely going to need a strong drink first - luckily we know just the place. Mick O’Shea’s on Charles St. in Baltimore is a favorite haunt for your DR editors…good food, good atmosphere - and our favorite bartender, Tricia. She may not always give service with a smile, but she certainly keeps those Grey Goose and ginger ales flowing.

I didn't see it...that is just too scary!

That is like when CSI-Miami had the episode of the Tsunami...then a month or two later...the Tsunami hit. I remember watching it at that time thinking...huh Tsunami? What's that?...

I havent see it, but Anthony is interested in reading about all our natural resources. I wonder if they'll someday replay it?

We will eventually one day run out and
I am afraid for our children. Hopefully by then they would have invented something else and we wont rely so heavily on our natural resources.

i remember this.

BUt hey who said this could have happend (sarcasm) instead lets all just blame bush..again *sigh*