Just because O‘ahu does not have a base power solution to
electricity, and needs to grow biofuel to generate electricity, that does not mean the Big Island – which has a vast geothermal resource – needs to grow expensive biofuels just to copy O‘ahu.

We need to treat each island as a bundle of resources, and solve each island’s problems according to the resources it has. We cannot afford a one-size-fits-all plan.

Farmers make these kinds of decisions all the time. You work
with the ground under your feet, not the ground that exists the next valley over.

The Age of Oil is now 150 years old and we are already talking about decline. But the “hot spot” under the Big Island will last 500,000 to 1 million years.

What is it about “a long time” that we don’t understand?

This video is by Jeff Rubin, former chief economist at CIBC World Markets, the investment banking arm of the Canadian Imperial Bank of Commerce.

In it, he gives a clear description of today’s oil situation and discusses why oil prices will be rising – and sooner than people think.

It’s because we simply are not finding as many new oil fields as we are using.  More and more, the evidence is growing and we need to come to grips with reality.

It does not have to be disastrous. But we do have to be smart and think like survivors.

Where do we want our future generations to be 150 years from now?