IEA (International Energy Agency ) DATA DISTORTED - GLOBAL OIL RUNS DRY / theguardian weekly

[bryanpepperell]

The Oil Crash and You - Auto-Free Times No. 18

(About 2 billion barrels per month.) Barrels discovered globally per ... to oil discovered each year: Four consumed for every one discovered. ... Then as oil keeps declining forever, increase this new energy it until it ... Hard to fine-control the rate of burn (oil/gas is easy), therefore is used in power stations ...

[chevyvictor]

Bryan do not believe the Oil Cartel peak-oil lies. Right now they have 10 Oil Tankers anchored in UK North Sea and refuse to bring them in so they can artificially inflate/speculate the price tinyurldotcom/Oil-Cartel-lies

[bryanpepperell]

Tankers off the UK coast holding oil until prices rise are 'an accident waiting to happen'

By Daily Mail Reporter

Last updated at 10:04 AM on 24th November 2009 * Comments (1) * Add to My Stories

Oil shark tankers anchored off World Heritage coastline are an environmental accident waiting to happen, conservationists warned today.

[thekauritree]

This is a really bad situation we are getting into. I don't think I can grow my own food. What about employment? Who will be working in the post peak oil world? More questions than answers.

[eighteenin78]

If you did grow your own food, could you protect it 24-7 from starving would -be thieves who are currently your neighbours?

[knowledgebased2000]

I think Russia in a good example of how this peak oil thing is going to play out, the population decreases through attrition. Inflation increases and jobs pay less, everyone has a lower standard of living and infectious diseases begin to kill more people. THE LONG EMERGENCY

[bryanpepperell]

Interesting comment.

Bryan

[ShaneChiswick]

Bryan, do you believe that we are still headed for a global depression? if so my mail says that Aus and Nz will fair relatively well, whatever that means.

[bryanpepperell]

Yes I do think the financial crisis is not over. Next year will be the time to watch. The structural problems of bad debt are still with us and post peak oil is now impacting. Everything will unwind and there is little that can be done to change that.

[mopme2008]

grab some popcorn and soda, this is gonna be a good show.

[eighteenin78]

I suppose you have visited the site of Chris Martenson and seen his crash course on the coming catastrophe - although there is probably not much in his content that would be new to you. I recommend Part 13 onward.

[bryanpepperell]

Will look at that.

Cheers

bryan