“Energy and its appropriate deployment are … are the most important modern indicators of the wealth and poverty of nations. Society and energy will merge in an unbreakable bond for the entire future of humankind.” (Michael Economides and Ronald Oligney, below)
Is today Columbus Day? Italian-American Heritage Day? Or how about the latest, Indigenous People’s Day, celebrating the culture and contributions of American Indians, Alaska Natives, and Native Hawaiians?
Maybe the second Monday of each October should be all of these things and Forgotten Man Day to commemorate those have been forgotten, such as energy consumers in the forced transition to inferior energies, wind power and solar arrays in particular.
Every holiday invites a tie-in to “energy: the master resource.” I have written as much for Thanksgiving, Christmas, Memorial Day, July 4th, and Labor Day (no links–could spoil the next time). So what for this federal holiday?
One energy theme for Indigenous People’s Day is the democratization of wealth from private ownership to the subsoil compared to blanket ownership for the sovereign.
The reversal of fortune from private mineral rights was memorialized by Time magazine back in 1958:
A few short years ago the docile Navajo Indians grubbed about in their 25,000 sq.-mi. desert reservation at the four corners where Utah, Arizona, Colorado, and New Mexico meet. Disease-ridden, undernourished, ignorant, they lived in ramshackle hogans and crumbling shacks. . . .
Then, in 1956, big-time oil drillers on Navajo land hit the jackpot, and the dollars began gushing in. By last week, their numbers [had] grown to 85,000 … their treasury to $60 million, their ancient weapons supplanted by grosses of ballpoint pens, lawyers, bookkeepers, geologists, oil consultants—even a press agent.” Time, November 10, 1958, p. 31.
Beverly Hillbilly style, The Oil and Gas Journal reported back in 1919:
Some of the West Texas farmers who deserted their homes last summer in pitiful white lines of old prairie wagons are now going back in automobiles. Driven out by . . . drought, they are going back as oil men. . . . Stretches of land . . . from which the disheartened farmers departed . . . are within the new oil district. Some of the farmers who struggled, almost penniless . . . can qualify as oil magnates.
These stories are recounted in chapter 2 of my Oil, Gas, and Government: The U.S. Experience (p. 65), the point being that surface owners having mineral rights to the subsoil democratizes wealth compared to ownership by THE GOVERNMENT.
Energy for the masses, not an elite that can afford to use and propagate inferior, costly alternatives, is a battle cry of the day. ENERGY FOR THE PEOPLE, indigenous or immigrant, is a worthy theme this day.
Energy and its appropriate deployment are the most critical of all wealth-generating activities, and they are the most important modern indicators of the wealth and poverty of nations. Society and energy will merge in an unbreakable bond for the entire future of humankind.
Amen, this holiday and every future one.
via Master Resource
October 11, 2021 at 01:08AM