@MAZDAKPRODUCTION yea but its so hard for a single person to find an oil field like it was in the 1800's when it was oozzing out of the ground, oil is not scarce but its constantly disappearing
People latch on to ideas such as abiotic oil, the tar sands and shale oil, and wild estimates of reserves in the Arctic as a means of comforting themselves that we're not about to hit the wall. They're deluding themselves. We about to run dry of the easy stuff - that leaves the hard stuff to extract, and that means steadily lowering production and increased costs. The "wall" is economic devastation because of rising energy costs - finding more hard stuff just means higher energy costs.
No one knows for certain how much oil there is in the Arctic - there's no way to accurately measure it yet. Much of what you hear about estimated reserves is simply wild guesswork. The Arctic needs to melt for the oil to be efficiently exracted. This is several decades away, and even then it will be terrifically expensive. Peak oil is about max production - not reserves - and with the easy stuff rapidly dwindling in Saudi Arabia, the Arctic won't do much to offset it.
There is quite obviously a lot of manipulation of Oil. through terrorism and wars.... and there is obviously a connection between the USA and Saudia Arabia on this theme... this is not a fact its my honest opinion...but when oil really starts to rub down .. those countries who have it will be saving it for themselves .. and this is the question here. what does the USA do when it reaches this point.. are we at this point now with the Iraq. Afgan..and possible war against Iran
is this chap any relative of albert bartlett, the professor who has vids on youtube about 'exponential growth' of population . its odd they sound quite similar and its a related subject.
Russia just announced last week a huge oil/NG find in the Artic .. at least 100 years of global energy -- peak oil is irrelevant and it's time to to put the concept to rest ..
@manwithbreasts you mean the estmated 100 billion barrels of oil and natural gas, enough to meet US (not world) demand for about 9 (not 100) years? stop with your disinformation, thanks. Don't expect that oil and gas to make its' way to the US anyway. Russia is more concerned with providing energy for themselves and selling the rest to Europe and China.
@postpeakman .. 100 billion tonnes you kooknut ! .. and much easier to get at once the ice melt in the Arctic accelerates. the great irony is the more global warming, the more cheap access to abundant hydrocarbons ! that's why none of the big boys want to sign onto Kyoto or those other joke agreements .. there is plenty of energy to promote global growth for the rest of this century.
@manwithbreasts There's an approximate 100 Gbbl in the Arctic. 100 billion BARRELS, *not* tonnes. The average daily world consumption is 85 million barrels. If consumption does not grow, it means that Arctic contains approximatively 1200 days of oil. Say, a little bit more than 3 years, if we DO NOT GROW our needs.
« plenty of energy to promote global growth for the rest of this century. » ?
The world has been in decline for the last ten years. The decline will only intensify, we need to accepted it and make chages. We want a slow decline. If we don't we will have a another GFC.
WE AS WORLD HAVE ALL READY HIT FULL CAPACITY OF EVERYTHING
@KrunchyJD We're all part of the problem. We buy homes that are 20 to 50 miles from our work, we eat meals that came in by ship, rail, truck and planes from all across the world, we have homes that are many times larger than what they were 50 years ago despite having fewer kids (and have to heat those large spaces), and we consume large volumes of goods from around the world. But the good news is we can all be a part of the solution, too. We all need to stop pointing fingers and start at home
@MrPresidentFord Some of us rent, and cant afford to buy a house. However the car we choose to drive and how much we drive it makes a huge difference. I ride a bicycle for most of my trips! Americans and people to some extent here in Australia, choose to buy and regularly drive everywhere in gas guzzling SUV's. They are a big part of the problem. In fact the biggest way to reduce personal energy consumption is to not drive a car!
@KrunchyJD I agree that cars are a part of the problem, but so is where we get our food (from all over the world vs. locally grown), how we heat our homes, how we consume goods in an unsustainable manner, lack recycling options, etc. We all need to do our part. For some it's riding a bike, for some it's planting a garden or shopping local farmers markets, for some it's scaling back on lifestyle choices. Kudos for integrating a bike into your life.
Don't worry people, "market forces" will save us, we can use nuclear, the electric car will save us... nothing to see here, go back to your lives citizens, go back to your iPads...
nobody will listen until it's disaster. And then, nobody will take responsibility. We're burning through the world's resources and believing we're "the masters of our fate". Our lifestyle is a gift, a one-time gift of oil.
There is plenty more oil to extract in the world but it is uneconomical to do so. When demand goes up the price of oil goes up so oil companies can invest in new projects. The catch 22 is higher prices creates a drag on the economy killing demand which brings the price of oil down which you guessed it, lowers investments in new oil projects.
With out the greed of Wall St the middle class could afford higher prices, pushing the peak of oil productions further away.
Roscoe has tried for so many years, all of these F-ing lawyers in congress wont listen to a scientist, we are totally screwed, by the time people start Youtube this video it will all be at the end of society as we know it : )
Jeff Rubin has a youtube video 40 minutes(ish) long.. it is a must watch for anyone who wants to have a light shined on the reality of peak affordable oil.. peak lite sweet crude... peak $50 - >$100bbl a barrel oil. The World is out of Cheap Oil! there is Lots of $200 - $300bbl a barrel left! Lots of sour crude under 10k feet of water.. not LOTS! of Sweet Lite Crude left in easy to get to places.
He had 10 kids.. And then he is teaching others about abusing resources and thinking about our childrens future? What a failure he must feel his life is - or how disconnected he must be from his own thinking?
@DrStrangelife If those 10 kids are anywhere near as thoughtful as Rep. Bartlett, they'll do far more than pull their own weight, a major net positive in terms of resource utilization, through public service and the resulting intelligent application of science and technology. Now 10 of Dick Cheney's kids is another story entirely, each blowing through 100 times more oil then the average citizen, their only legacy obfuscating the truth and shooting people in the face...
@WebsterJake Kunstler is the modern day Mark Twain. That line in End of Suburbia when he says, "Suburbia is the greatest misallocation of resources in the history of the world," snapped me out of my "consensus trance." We owe much to that man!
@WebsterJake The speech 1957 talked about in this is just text. I think I'm going to read it for one of my episodes. More people need to hear it. I read it tonight.
Most people will watch "Dancing with the Stars" and then get into their car to drive to the closest burger shack. But their gas tanks will be empty because their neighbors will have already stolen the fuel! That's the future of Suburbia. Copper and Gasoline theft!
Television medication will only work so long before people snap.
@GasolineGangsters I agree, since the very foundation of our modern way of life and every comfort associated with it are made possible by this stuff. Sooner or later it looks like curtains for the oil age, no doubt. However it's not something that people will likely tune into if they're entranced by the latest "Dancing with the Stars" or the Anthony trial (I'm an avid Kunstler follower =).
His voice, very hard to listen.
gozala00 1 month ago
If I owned an oil well I would love people to believe in a peak oil theory to make my product seem more scarce & expensive driving my profits up.
MAZDAKPRODUCTION 2 months ago
@MAZDAKPRODUCTION yea but its so hard for a single person to find an oil field like it was in the 1800's when it was oozzing out of the ground, oil is not scarce but its constantly disappearing
MrPentatonicScale 2 months ago
People latch on to ideas such as abiotic oil, the tar sands and shale oil, and wild estimates of reserves in the Arctic as a means of comforting themselves that we're not about to hit the wall. They're deluding themselves. We about to run dry of the easy stuff - that leaves the hard stuff to extract, and that means steadily lowering production and increased costs. The "wall" is economic devastation because of rising energy costs - finding more hard stuff just means higher energy costs.
jimbills 3 months ago
No one knows for certain how much oil there is in the Arctic - there's no way to accurately measure it yet. Much of what you hear about estimated reserves is simply wild guesswork. The Arctic needs to melt for the oil to be efficiently exracted. This is several decades away, and even then it will be terrifically expensive. Peak oil is about max production - not reserves - and with the easy stuff rapidly dwindling in Saudi Arabia, the Arctic won't do much to offset it.
jimbills 3 months ago
There is quite obviously a lot of manipulation of Oil. through terrorism and wars.... and there is obviously a connection between the USA and Saudia Arabia on this theme... this is not a fact its my honest opinion...but when oil really starts to rub down .. those countries who have it will be saving it for themselves .. and this is the question here. what does the USA do when it reaches this point.. are we at this point now with the Iraq. Afgan..and possible war against Iran
peterpetersbng 3 months ago
Thanks for posting these, Igor.
jimbills 4 months ago
is this chap any relative of albert bartlett, the professor who has vids on youtube about 'exponential growth' of population . its odd they sound quite similar and its a related subject.
andy765gtr 4 months ago in playlist Rep. Roscoe Bartlett May 2011 on C-SPAN
Russia just announced last week a huge oil/NG find in the Artic .. at least 100 years of global energy -- peak oil is irrelevant and it's time to to put the concept to rest ..
manwithbreasts 4 months ago in playlist Rep. Roscoe Bartlett May 2011 on C-SPAN
@manwithbreasts you mean the estmated 100 billion barrels of oil and natural gas, enough to meet US (not world) demand for about 9 (not 100) years? stop with your disinformation, thanks. Don't expect that oil and gas to make its' way to the US anyway. Russia is more concerned with providing energy for themselves and selling the rest to Europe and China.
postpeakman 4 months ago in playlist Rep. Roscoe Bartlett May 2011 on C-SPAN 2
@postpeakman .. 100 billion tonnes you kooknut ! .. and much easier to get at once the ice melt in the Arctic accelerates. the great irony is the more global warming, the more cheap access to abundant hydrocarbons ! that's why none of the big boys want to sign onto Kyoto or those other joke agreements .. there is plenty of energy to promote global growth for the rest of this century.
manwithbreasts 4 months ago
@manwithbreasts There's an approximate 100 Gbbl in the Arctic. 100 billion BARRELS, *not* tonnes. The average daily world consumption is 85 million barrels. If consumption does not grow, it means that Arctic contains approximatively 1200 days of oil. Say, a little bit more than 3 years, if we DO NOT GROW our needs.
« plenty of energy to promote global growth for the rest of this century. » ?
k00gan 3 months ago
@manwithbreasts how huge ?
k00gan 3 months ago
Switching to alternative energy globally will not happen. The human greed will win instead.
Aleque 5 months ago
The world has been in decline for the last ten years. The decline will only intensify, we need to accepted it and make chages. We want a slow decline. If we don't we will have a another GFC.
WE AS WORLD HAVE ALL READY HIT FULL CAPACITY OF EVERYTHING
marcey666 5 months ago 2
Oil is not a gift. It's a curse.
When we burn oil, coal, and gas, it goes into the atmosphere....
And causes catastrophic global warming.
groundloop2010 5 months ago
People are driving around in huge trucks they call cars, thats a big part of the problem.
KrunchyJD 6 months ago
@KrunchyJD We're all part of the problem. We buy homes that are 20 to 50 miles from our work, we eat meals that came in by ship, rail, truck and planes from all across the world, we have homes that are many times larger than what they were 50 years ago despite having fewer kids (and have to heat those large spaces), and we consume large volumes of goods from around the world. But the good news is we can all be a part of the solution, too. We all need to stop pointing fingers and start at home
MrPresidentFord 5 months ago
@MrPresidentFord Some of us rent, and cant afford to buy a house. However the car we choose to drive and how much we drive it makes a huge difference. I ride a bicycle for most of my trips! Americans and people to some extent here in Australia, choose to buy and regularly drive everywhere in gas guzzling SUV's. They are a big part of the problem. In fact the biggest way to reduce personal energy consumption is to not drive a car!
KrunchyJD 5 months ago
@KrunchyJD I agree that cars are a part of the problem, but so is where we get our food (from all over the world vs. locally grown), how we heat our homes, how we consume goods in an unsustainable manner, lack recycling options, etc. We all need to do our part. For some it's riding a bike, for some it's planting a garden or shopping local farmers markets, for some it's scaling back on lifestyle choices. Kudos for integrating a bike into your life.
MrPresidentFord 5 months ago 2
This has been flagged as spam show
Jah Jah say: We don't need no more WOLVES INNA SHEEPCLOTHING!!
Thumbs up ^^ if you realize (and overstand) what propaganda you've just watched!
ScaryHairyJerry 6 months ago
Comment removed
ScaryHairyJerry 6 months ago
Don't worry people, "market forces" will save us, we can use nuclear, the electric car will save us... nothing to see here, go back to your lives citizens, go back to your iPads...
nobody will listen until it's disaster. And then, nobody will take responsibility. We're burning through the world's resources and believing we're "the masters of our fate". Our lifestyle is a gift, a one-time gift of oil.
the81kid 7 months ago 15
@the81kid Well said.
QuantumStates 3 months ago
@the81kid I am sure "market forces" will come up with brilliant solutions like Soylent Oil . . .
TheNewRenaissance 1 month ago
an intelligent republican ..... yeahhhhhhhhhhhhhh
finally, one who is aware, conscious, truthful and not just playing games
or inundating us with stupidities as we have too often seen.
claudelebel55 7 months ago
The peak oil balancing act:
There is plenty more oil to extract in the world but it is uneconomical to do so. When demand goes up the price of oil goes up so oil companies can invest in new projects. The catch 22 is higher prices creates a drag on the economy killing demand which brings the price of oil down which you guessed it, lowers investments in new oil projects.
With out the greed of Wall St the middle class could afford higher prices, pushing the peak of oil productions further away.
iorr98 7 months ago
Roscoe has tried for so many years, all of these F-ing lawyers in congress wont listen to a scientist, we are totally screwed, by the time people start Youtube this video it will all be at the end of society as we know it : )
nietzschevsgod 7 months ago
Jeff Rubin has a youtube video 40 minutes(ish) long.. it is a must watch for anyone who wants to have a light shined on the reality of peak affordable oil.. peak lite sweet crude... peak $50 - >$100bbl a barrel oil. The World is out of Cheap Oil! there is Lots of $200 - $300bbl a barrel left! Lots of sour crude under 10k feet of water.. not LOTS! of Sweet Lite Crude left in easy to get to places.
JWnFL 7 months ago
This has been flagged as spam show
Let the Truth be Heard by ALL!!
JWnFL 7 months ago
He had 10 kids.. And then he is teaching others about abusing resources and thinking about our childrens future? What a failure he must feel his life is - or how disconnected he must be from his own thinking?
DrStrangelife 7 months ago 9
@DrStrangelife you might want to look up the word 'metaphor'
artistoex 5 months ago
@DrStrangelife there was little to no family planning back then. everyone had big families.
prezoftheworld 4 months ago
@prezoftheworld People aren't the problem. People with their heads in the sand are.
CosmicDamian 3 months ago
@DrStrangelife If those 10 kids are anywhere near as thoughtful as Rep. Bartlett, they'll do far more than pull their own weight, a major net positive in terms of resource utilization, through public service and the resulting intelligent application of science and technology. Now 10 of Dick Cheney's kids is another story entirely, each blowing through 100 times more oil then the average citizen, their only legacy obfuscating the truth and shooting people in the face...
CosmicDamian 3 months ago
Search for Nicole Foss on YouTube. Even more detail and even more devastating!
EmmaPiers 8 months ago
@WebsterJake Kunstler is the modern day Mark Twain. That line in End of Suburbia when he says, "Suburbia is the greatest misallocation of resources in the history of the world," snapped me out of my "consensus trance." We owe much to that man!
GasolineGangsters 8 months ago 3
@WebsterJake The speech 1957 talked about in this is just text. I think I'm going to read it for one of my episodes. More people need to hear it. I read it tonight.
Most people will watch "Dancing with the Stars" and then get into their car to drive to the closest burger shack. But their gas tanks will be empty because their neighbors will have already stolen the fuel! That's the future of Suburbia. Copper and Gasoline theft!
Television medication will only work so long before people snap.
GasolineGangsters 8 months ago 2
how is this not getting more views?
GasolineGangsters 8 months ago
@GasolineGangsters I agree, since the very foundation of our modern way of life and every comfort associated with it are made possible by this stuff. Sooner or later it looks like curtains for the oil age, no doubt. However it's not something that people will likely tune into if they're entranced by the latest "Dancing with the Stars" or the Anthony trial (I'm an avid Kunstler follower =).
WebsterJake 8 months ago