For every nine barrels of oil we use in the world, we discover only one barrel of new oil. The rest comes from draining the reserves. Since we are draining the reserves, there is no doubt that peak oil is already here. The peaks in gas, uranium, and coal follow closely. It's necessary we move to renewables soon.
To think that ...( 6 months ago by easuter)
To think that switching to an alternative energy "if needed" to counter the supply/demand problem with oil is very wishful thinking. Switching to an alternative energy source requires foresight, planning and investment *many* years before oil supplies start to dwindle in order to ensure a smooth transition. And I don't see those steps being taken. Do you?
easuter... First, ...( 6 months ago by giffe00)
easuter... First, gasoline is not just going to fall off the map. Fact is we are ready. You can buy a hybrid right now.. save several % in fuel. Electric cars like Tesla Motors are now. Fact is GM is almost ready with VOLT. Also nobody know how much time we have... now to 2040 for peak. Our country is ready. We are close to new greatness in US if oil starts to decline. We will be the leaders.
How can you be ...( 6 months ago by easuter)
How can you be ready if you are still consuming 25% of the world's oil, and renewable energies account for 6% of your countries' energy demands?
And just because hybrids and electric cars are starting to become available, doesn't mean that people are starting to buy them by the millions
The most important point you are missing here is just how dependent all the developed countries have become on oil for food supplies. Without it, modern agriculture as we know it is not possible. Famine ensues.
easuter... I know ...( 6 months ago by giffe00)
easuter... I know how Dependent? Fact: Electric cars are here. Wrong to think doom over lack of oil? It's not going to happen. Most folks drive under 100 miles/day. The auto companies can "tool-up" an electric car in 2-4 years... demand must occur... demand will occur once you wait in line for gas or cannot afford to drive where you want. There will alway be enought fuel for John Deere and freight.
IMHO, the stakes ...( 6 months ago by easuter)
IMHO, the stakes are too high to just think that the economy and supply/demand will "fix" things by itself.
Well, only time will tell.
peak oil ...( 5 months ago by jwallbanger)
peak oil doomsday-ism is a scam people! remember the oil crisis of the 70's! there was no actual shortage, it was a minor shift in oil resource control hyped into a crisis by the oil companies to justify raising the price and overthrow usa price control measures. they bilked the public out of billions with this manufactured "energy crisis." do your homework and you'll find that non-conventional oil can be produced for $30-50 a barrell, and there's enough in the USA alone to last 100's of years.
the US peaked in ...( 5 months ago by crazycoyle96)
the US peaked in domestic production in 1970. We peaked in discovery in 1963, globally. Since then we have been using 9 barrels for every one discivered. Harvesting Unconventional sources release 142% more CO2 then conventional sources. Not to mention these sources utilize massive quanities of natural gas, whcih has also peaked in North America. Denial is not going to help the situtaion. Our government had also released to very importatn reports stating the risks associated with a global peak.
it's not denial ...( 5 months ago by jwallbanger)
it's not denial when it's based on research. chicken-littleism isn't going to help shit either.
think about this, if non-conventional fuel sources aren't viable, then how did germany run the biggest war in history on synthetic gasoline made from coal?
you arnt going to ...( 5 months ago by crazycoyle96)
you arnt going to grow China's econony at 10%/per year and the rest of the world's at 4% a year on unconventional reserves. It is not about reserves, its about production, producing 1,000 barrels a second this decade, then producing 1,500/second next decade, its an above ground issue.
growth isn't my ...( 5 months ago by jwallbanger)
growth isn't my point, i don't care if we are able to meet the demand or not, even though i believe unconventional sources will, just at a higher price than people want (meaning slower growth than people want.) my point is that we will not have a doomsday scenario on our hands. maybe we'll all have to live with one car instead of two, but we'll make it. my thinking is there will be economic downturn before the alternatives come online, but once they're online we'll be fine.
the value of the ...( 5 months ago by crazycoyle96)
the value of the dollar and our global economy is solely based on growth.
survival vs. mass ...( 5 months ago by jwallbanger)
survival vs. mass die-offs has nothing to do with our ability to grow, it has to do with whether or not there's enough food, water, shelter, etc., i.e. basic needs. that stuff is based on real things, like the ability to produce food for enough people, not our ability to trade with china so people can have cheap tv's. we may have to start biking to and fro in a downturn economy due to energy restructuring, but there won't be mass starvations, there's lots of ways around that. that's my point.
why is there even a ...( 5 months ago by shesoverit)
why is there even a debate, there is no way around it, we will run out, it only is up to us when it happens, and its up to us, to get off our asses and switch to alternative energy, i cant see how anyone has an argument against that?
No. The oil is ...( 4 months ago by ShwangShwing)
No. The oil is infinite. Everyone knows that ;)
Hummer, 4x4, SUV, ...( 4 months ago by DanielLeech)
Hummer, 4x4, SUV, ignorance, population.
well said. oil will ...( 3 months ago by airpower123)
well said. oil will never run out because their is a shell next to my house if that never ran out. i even filled my tank the most it could go and filled up another tank it still did't run out. if oil ever runs out in the ground everyone could come that service station and take all the oil they need.
so what, fuck it ...( 3 months ago by gwano13)
so what, fuck it lets run out..who gives a shit
Peak Oil explains ...( 3 months ago by eddietru)
Peak Oil explains the behavior of the Bush regime and the US empire -- why they stole the 2000 election, allowed (and assisted) 9/11, enacted the Patriot Act, created Homeland Security and invaded the Middle East oil fields.
gwano13: I bet You ...( 2 months ago by WolYou)
gwano13: I bet You will.
Streets will ...( 2 months ago by WolYou)
Streets will disappear. They contain a lot of oil :)
you can never run ...( 2 months ago by shmundy10)
you can never run out, its economics, prices will get so high, we will explore in deaper water, in the artic, in the oil sands, you just need to let markets work, if people think it will run out then prices rise, and potententially 1000+ but to such a high price that it limmits demand, we cant run out if markets work, which they will
i agree high prices ...( 2 months ago by crazycoyle96)
i agree high prices will curb demand. However a market cannot exist without growth. Growth cannot exist without an increase in supply of energy every year. It is not about running out. It is about reaching our maximum extraction rate, which many believe will be 1,000 barrels per second. After that, global oil production will be in terminal decline. China will double there demand for oil in 10 years, then double it again in 7. In less then 2 decades they will need 200% more oil.
Shmundy: Markets ...( 1 month ago by WolYou)
Shmundy: Markets are blind to everything which is not on the market. You dont understand the meaning of the word finite. Whatever you say, oil is finite. No matter how much you is willing to pay. Once the natural capital is gone, artificial capital can't change that. Money and markets are not reflecting the reality. They are reflecting human believes.
