Would Not Hold Your Breath for 2009 U.S. Submarine Lottery and Gasoline Prices
M.E.'s predictions for continued sub building in order of declining probability:
.... President Obama - One per year for the duration.
.... President Clinton - About 1.2 boats per year if the current ban on female submarine service is lifted; otherwise, one boat per year for the duration.
.... President McCain - One-half boat per year for the duration (short of a declaration of naval warfare).
2005 PREDICTION came to pass - The price of gasoline
September 01, 2005 - Submarines At Fault or Will Gas Prices Rise? - The prediction:
Loud noises from low frequency active (LFA) sonar used by the military to detect submarines, or from airgun arrays used during geological surveys of the seafloor by the petroleum industry may be responsible for the stranded species. If the latter, expect gas prices to rise!
We know what happened, gasoline prices did rise, and very dramatically. Was oil exploration at fault, then? Judge for yourself. Not into reading, how about some pictures:
Domestic oil recovery and offshore drilling disallowed. International oil production environmentally demonized by carbon footprinting (climate change fear). International oil exploration restricted by legitimate concerns for marine mammal populations. Result is less, more costly exploration and extraction = limited SUPPLY. Of course, demand has increased all the while.
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