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DEEEEE press ing. Why does Kunstler hate America?

People are emailing me to ask is this the start of the Long Emergency?

It is certainly an event of great significance. The effects of damage to our oil and gas infrastructure in the Gulf of Mexico is already being felt in rocketing gasoline prices and a burgeoning supply crisis, especially in the southeast. The home heating situation is becoming a crisis before householders even turn their furnaces on. Half the houses in America are heated with natural gas, which is now clocking in at $12 a unit (1000 cubic feet). It was $3 a unit in 2003. It could go to $16. Connect the dots.

The crisis at the gasoline pumps will thunder through the economy, most ominously in the bubble suburban sprawl-building sector, which adds up to over 40 percent of business activity in the US. How many people will now contemplate buying a new McHouse 32 miles outside Atlanta (or Dallas, or Kansas City, or Washington), and what will happen in the production home-building industry as a result?

Why does reality hate the United goddamn States of fuckin America? (more after the jump)

Meanwhile momentous things are swirling in the background. The price of gasoline may retreat sometime in two to six weeks, but I doubt it will fall below the $2.50 range again. In fact, having gone way above the psychological barrier of $3.00, the gasoline retailers may resist falling below that. There have been no new oil refineries built in the US since the late 1970s. There will be no new ones built now, despite the crunch on refined “product.” Why? Because the oil companies understand that they are in a twilight industry and refineries represent huge investments in future activity, which the corporations correctly perceive will be shrinking as global oil production passes peak.

The biggest shock to the public lies a couple of months ahead when the cost of natural gas for home heating (50 percent of the dwellings in America) combines with stubbornly higher pump prices to whap them upside the head. Natural gas at around $12.00 is now many times what it cost as recently as 2003 ($3.00). A lot of Americans will be shivering this winter and some of the weak, old, and poor will die as a result.

President Bush has already taken a hit on his appointees’ Chinese Fire Drill response to disaster management. But the toll from the energy problems the whole nation faces will be more insidious. Strapped for cash from filling their gas tanks, unable to buy Christmas presents at WalMart, and huddled around space heaters, the public will be wondering why they were so poorly prepared.

I’d like to say he’s wrong, but… I think you’d better start putting your hopes in those new hydrogen pellets.