Sangolt88, Control of price is not achieved by closing refineries because reduced sales but higher price is as profitable for Big Oil as higher sales at lower price. Further, Big Oil gasoline transport costs increase by centralizing. Closing the refineries isn't to control price, it is to control consumption. Global demand overtook oil production. Saudi Arabia's giant oil fields are in serious decline, so too Russia's largest oil fields and together they produce about 20.5 million bpd.
For US East Coast residents real hardships ahead as big oil rations without calling it rationing by closing 3 PA refineries by July 2012 cutting over 50% of east coast refining capacity. Plus a 495k bpd in St Croix being closed, a major supplier to EC. Military on top of peak oil & no doubt calling the shots with big oil to manage oil supplies.
We need bulls and horses, water is going to be problem and we are going to see the most bloodiest timeline in human history. Life is Christ and death is gain.
Food collapse is the big one. Read the article Eating Fossil Fuels by Dale Pfeiffer on the FTW website. Trouble is people still will belligerently refuse the truth as they eat their dogs and dead neighbors.
to keep up the current power structure. We don't need it.
There are many other options that are far more efficient and less pollutive.
Geo thermal steam cannons with a Halo entry will provide World-wide logistical support for intercontinental freight. The list of uses are unending- but no one talks about it. Why? because they will be oppressed. - That is the History. LEARN!
@kalimist917 You see, your talking about a utopia. I'm been realistic. 100 yrs ago the 1.5 billion people. Today its 6.5 billion. The reason its 6.5 billion is because of cheap oil. Its not because of hemp and never will be because of hemp. If you want this self sustaining utopia then please state that instead of trying to tell me that hemp oil will sustain 6.5 billion people with food. It simply won't. Its Your living in a fantasy land if you think it will.
@kalimist9 I done all the research. The trouble is, I'm afraid you haven't. For every positive action there's always a negative reaction. You have to understand the economics of food production, food supply. There's only so much agricultural land to produce food. (crops). There's 6.5 billion people on the planet...ahhh whats the point. I'm wasting my time. Good luck with the hemp project dude.
I tired explaining it without lmas...Research about food prices and agricultural commodities. research about how many farmers there are in the U.S and around the globe, research about extration rates for bio fuels outa bio crops. See how many hectacres it takes to produce 5 million barrells a day every day 365 days a year. I'm telling you dude, it can't be done without causing a mass explosion in food prices. It will at best cover 5% 5% 5% of energy needs. 5% dude. do the math,do the research
It is NOT denial. Obama don't even want to buy any oil from Canada. WHen you have THOUSANDS of miles OFF LIMITS everywhere we have resources. then there is more to be had. Open up the north Slope of ALaska. DRILL baby DRILL. Not only are we NOT developing the oil we have, the Obama administration is doing everything they can to keep the oil we have off limits. I have heard all this same garbage in the 1970s. It is ALL propaganda so a FEW can line their pockets pushing EXPENSIVE solar and wind.
As long as our government is BLOCKING energy production every way they can and Keeping all the areas where we have oil OFF LIMITS, then there is NO PEAK OIL. How can anybody say there is peak oil where there is more to be had and it is purposely being kept off the market. IT IS A HOAX so politicians can line their pockets with these expensive green projects/
@kalimist917 Its been researched already. Hemp oil, peanut oil or any other agriculturally grown crop for oil extraction is not a runner. We consume 1 billion barrells of oil every 10 days. The qauntities required to even make up 5% of that much oil would require vast lands at the expense of other crops which would cause a food price explosion. Its has been looked at and it was dimissed by all the Peak oil experts and won't have a significant effect whatsoever.
The oil crash was averted by the 2008 financial crisis, only an idiot would be unaware of the issue at this point. I'm pretty certain that most governments are prepared for the great decline only the public are still somewhat unaware. The transition to solar and wind is in progress, and if you compare it's growth rate with predictions of declining oil production it's clear we'll get by it won't be easy, but neither was 99.999999 percent of human history wasn't so chill out already.
Oil has an important part in food production as well, not just tractors but also in fertilisers. A century ago was less than a third of what it is now and the world pop increases a year faster than it did in a century pre-industrial revolution. High birth and death rates consistently before oil.
Peak OIL is a HOAX just like global warming is a HOAX. The only reason there isn't enough oil is because our GOVERNMENT is keeping is off the market and blocking energy production in every way that they can.
@WhittyPics50 Sure its a hoax. We consume 1 billion barrells of oil every 12 days. There's 365 days in a year. When do you think we will hit the halfway point (peak)?
I am coining a new phrase, a 'post petroleum winter' it will happen when the co2 input from gas slows down and rain and snow begins to wash the carbon from the atmosphere, and cools the earth, thereby causes more precipitation. In winter this will cause grater snow coverage of the ground, and then it becomes like the 'nuclear winter' scenario. In short it will probably lead to an ice age.
@1981busch Nah still loads of coal and a fair amount of natural gas. We'll be burning those for energy once the oil is too expensive and storing it as electricity in batteries for transportations (not as convenient as oil but manageable). We'll almost certainly pass tipping point before we stop using fossil fuels and then run away global warming will take care of itself without additional human inputs.
I am not trying to complain here, but there is not one single original study in here, all of this is word for word from other people. I actually was going right along with you knowing what the next word was going to be. It's a nice short summary of peak oil, but I think you should give credit to where the data came from.
Its true people will profiteer, but peak oil is very real.
the irony is, if you really get it, you'll see you can't sell anything based on preparing for peak oil. The predicted trend is that money/investments will cease to function and we return to agrarian age. To survive peak oil you go backwards in time 200+ years
my own view is that peak oil is a fact that's been known for 50 years; thats why 'they' have had time to prepare. some made the observation that earths population was rising too fast and questioned (a) could that continue (b) what would be the longterm consequences. 'They' are preparing to survive ecological & resource collapse. It will look like genocide to the rest of us. Its' a dead end that we'd have needed 1CP in the 1980's to avoid. Minus fossil: 2billion peeps top
I would tend to side with Ron Paul and g Edward Griffin who say it was the founding of the Fed Reserve in 1912/ 1913. If u haven't seen any of Griffin's youtube clips on it,
I'd say it's a must see. Griffin wrote the famous NY Times best seller, 'Creature From
Jekyll Island', the history of the Fed Res.
Anothr 'Day of Infamy' was Aug 15th, 1971 when Nixon took us off the gold.
Aug 15, 2011: EXACTLY 40yrs post.
ONe other date was 'the Ides of March', 2009 to check out.
@archivesDave - the banking and oil are separate issues,
but the connection is , the issuing of new credit made sense whilst energy was increasing. the credit (petrodollars) tracked the trickledown of fossil fuel benefits through society
in the past the source of energy was land (land ownership), the measurements of land trading being a bit more stable perhaps although in the distant past it was more literal feudalism for the main part
this idea that scarcity is artificial, caused by 'the banking system'. people went in for the housing ponzi scheme because with impending peak oil there were fewer opportunities for real progress
I haven't looked - i've seen all angles already. i'm not arguing there isn't an a shadowy elite etc. I'm arguing that peak oil is the bigger problem. the elite are a symptom. the elite have a plan to survive it. moot point,as not everyone will survive. competition for diminishing resources means the outcome for most people is certain: another 'cunt' will get the resource and you suffer without it. perhaps the elite had a long-running plan. hubbert predicted peak 50years ago.
the elite need the economy to continue 'as is' or they risk bing overthrown.
we might overthrow the elite but it won't change anything.. scarcity is scarcity - either way we'll be at war with each other. we all made this dead end by building a civilization around a finite resource. dumb thing to do.
again i'm more inclined to believe the real physical changes cause social changes (like Nixon taking you off gold or whatever). TPTB are those who emerge on top of the competition for scarce resources
One more brilliant historian I've been following for nine yrs is Dr Nicholas Hagger, a prolific British professor and sage who wrote 'The Syndicate' and 'Secret History of The West', along with a few books on philosophy and poetry.
Unfortunately he doesn't have much on youtube as does Griffin.
@archivesDave - not questioning those in power use tricks behind the scenes, but power is a 2 way thing - it comes from resonating with herd. bigger the population gets, the deeper the pyramid. We always had kings and emperors - Americans forget this because they had a few centuries respite in the new world: then they are surprised when billionaires emerge taking the place of the kings they escaped in europe. Competiton for finite resources means power for winners. more peeps=more comp
ultimately it won't be distributed by prices/the state.
oil will case to be traded as a commodity and become a purely strategic resource controlled by the military. it will be distributed by specific strategic arrangements only.
carbon taxes are the state preparing to ration dwindling supplies.
some oil may have non abiotic origin that doesn't change that it's finite, and it will run out.
you dig something up,it will eventually deplete. it's not rocket science. Human tech isn't really that clever, it's cheating by being non-renewable. The rest of the biosphere has flight,transport,computing,communications all engineered with recycled/self-assembling nano-technology - way more advanced than our crude 'toys'. fosslfuel-industry is a 200 year blip on 4billion year planet.
@archivesDave -yes as oil becomes more scarce we will drill deeper, oil won't run out over night. the supply will decrease, and we will have to try harder and harder to scrape the bottom of the barrel.
only way to prepare is figure out how to live with zero fossil use, purely recycling material on the surface using solar power just like we used to, it's the only way for a species to survive in the long-run.
Not primitive but a more sustaining civilization. We make way to much crap we don't really need. We run people all over the place that actually do nothing to help our civilization. We create jobs or keep jobs we don’t need just to keep our economic system running.
The entire system IS breaking down but that’s ok if we know what to do.
@CosmosPrivateer - no we are bounded by nature, recent achievements on the back of millions of years of dead plants made us look smarter than we really are. if we were truly smart we wouldn't have built a civilization around finite resource in the first place!!!
What is interesting... if you add India, China, Russia and another country they use the same amount of oil per day as the US. Yet if you add up the populations of all those countries, that is well over 3x the population of the US. Goes to show you, the US wastes a shitload of crude.
Hence, the US's military conquest of Africa, the Mid-East and now even Asia. I guess it's all a matter of which will come first: the global economic collapse or the third world war.
The equation, in reality, is simple. But anything that does not revolve around a philosophy of LESS -- Less Energy, Stuff, and Stimulation -- will make sensible and timely responses either out of reach or too emotionally challenging to accomplish. Welcome to the new third world. There's still so much to enjoy and be grateful for!
The Chinese are all over the world gathering oil and every other raw material. The US? Obama stops drilling here, but gives billions to State owned oil in Brazil & Colombia. George Soros is a major stockholder of those enterprises. This while he praises OWS. Meanwhile, how will the great commuter cities survive? Like LA or Chicago. Or even a Tucson, where it is difficult to grow food, will be in great difficulty.
I would actually suggest people to watch the doc: A crude awakening: The oil crash.
Havent found any other doc that describes it better (including collapse), ofcourse anybody can look diffrently at it, yet the more people get this picture the better even those who refuse to believe in it.
@PestControl02 the won't legalize hemp, because hemp competes with plastic or nylon, which are both made from 90% oil and 10% rubber tree, that's why we can buy imported hemp, but can't grow it. Big Oil will lobby to stop it.
@PestControl02 Yes, I've got friends that do underground "hemp". you can make all the followings and then some, belts, shoes, pants, shirts, (cloths), shampoo, rope (industrial type), old sailing ships used all hemp rope before nylon and plastic, and of course, we could save our forest by making hemp paper, and best part is it's ALL bio-degradable.
Peak oil production is completely different from peak oil discoveries. Also many of the first generation oil wells across the US are re-filling with new oil and remain capped. This is occurring due to the Earth's core heat emissions...Oil is a mineral NOT a fossil fuel...
Corporate Control and Meddling is main cause of the oil depedency!
Those CORRUPT & insane corporations like General Motors, Standard Oil wanted us as a society to be car-depedent by lobbying to get rid of the streetcar suburbs, pass land-use car-depedent laws, promote car-depedent cities (1939 World's Fair/Futurama) & lobbyied to pass the Interstate Hgihway Act!
This is was all control! Now since we are so glued to the system, where are enslaved and we must break the corporate chain!!
Detached homes & suburbs do not necessarily create excessive oil use, since we had those even in the early 20th Century
A lot of us who live in the suburbs do not have homes that take up more than 1/5 of acre. A lot of live in condos, small lot detached homes, etc.. therefore it takes little space
We are car-dependent mainly due of those INSANE & NEGLECTFUL laws from street dimensions, parking minimums, building setbacks, cul-de-sac subdivision housing, etc. making our cities drivable
For a moment I though u guys would be pro oil, personally I look to Cuba for all of this, can say now that I've almost elimatned all products that have petroleum in them from my life, obviously I can't go to quite the 'no impact man' level and still keep sanity, though many would think I'm insane for hoping the world see prices for barrel hopefully hit $30 plus by Q4 2012, around the time of the true financial depression (stuff this recession stuff) and hopefully people will finally be given th
How is everything going there at--Future Money Scams---I never here about the stock GPXM You where Shilling a few months ago. You said hurry up and buy this penny stock at 16cent per share and i did. Now its at 8 cents per share ..People You may want to think twice before You listen to this Guy when he makes a recommendations
@visionvictory , nicely done however my math shows me that the increased usage in the US from 17.7 to 20.7 is a 14.49% increase not the 17% as shown in the video. I would like to run the numbers on China to as well, 400% seems awfully high. No dispute that china is becoming and will become a MAJOR consumer of oil and many other natural resources that will create supply issues globally. Just commenting that there is no need to roundup numbers to emphasize a very serious situation.
Read "Crossing the Rubicon" Michael Ruppert. It covers this scenario very well. THere is a reason why the US military is interested in invading anybody with oil that is not friendly to the US. Its the same reason China is building a huge military. Its all about oil ya'll and there is a huge war coming. The US needs 11 million barrells per day. It pumps only 5.5 million per day. Half of what we want to use is needed from others.
great video! very well done! I like how you had jim rogers pic up there...I believe everything that man says and you just filled in the gaps on some things i hadnt considered..i also like the look of the silver to oil ratio historically... interesting times will be ahead for sure!
Corporate Control and Meddling is main cause of the oil depedency!
Those CORRUPT & insane corporations like General Motors, Standard Oil wanted us as a society to be car-depedent by lobbying to get rid of the streetcar suburbs, pass land-use car-depedent laws, promote car-depedent cities (1939 World's Fair/Futurama) & lobbyied to pass the Interstate Hgihway Act!
This is was all control! Now since we are so glued to the system, where are enslaved and we must break the corporate chain!!
Detached homes & suburbs do not necessarily create excessive oil use, since we had those even in the early 20th Century
A lot of us who live in the suburbs do not have homes that take up more than 1/5 of acre. A lot of live in condos, small lot detached homes, etc.. therefore it takes little space
We are car-dependent mainly due of those INSANE & NEGLECTFUL laws from street dimensions, parking minimums, building setbacks, cul-de-sac subdivision housing, etc. making our cities drivable
the price of oil is raising because it is a commodity and the dollar is weakening thats the reason for the price increase - where are your facts that enforce the concept of peak oil ?
many wells were capped in the us cause of the gov. gull island has more oil than any middle eastern field. A massive oil/natural gas field exists under Gull Island, located in the waters of Prudhoe Bay in Alaska, according to Lindsay Williams
We are not running out of oil... We are infact running out of cheap oil. The remaining oil is harder to extract, harder to refine, and Energy Return on Energy Invested is very low... What good is this oil if you have to pay 15$ a gallon for gas?
Oil production flow rates are decreasing rapidly, and no amount of new discovery can stem this decline in production. Peak Oil is real...
yes it is bull - why you think Albert gore has shut his mouth -because the ice caps have been growing larger - what is happening to the planet is beyond al gores ability to understand -it would take more than 500 letters to describe -so suffice it to say that all this about earth changes has very little to do with us and allot to do with the sun -nothing we can do to stop it - people like al gore have been fooling people into giving him money - wake up and do some real research
Amazing. Fuckin' people who don't have the first clue about how the oil and gas biz actually works, somehow feel qualified to pontificate on the in's and out's, of crude oil and natural gas investment, exploration and production.
Some history. Jimmy Cater (Dem) instituted the horrific Windfall Profits Tax, which took ONE THIRD, OFF THE TOP, of every dollar that came out of a domestic oil well. Investment dropped to zero, production hit the basement.
If peaking is all nonsence then why did the US peaked over 40 years ago and dozen of other countrys have peaked since that time?
All goverment coverups?
Or is it simply the earth setting the limits even though our modern selfish minds don't like that idea becaus we like to set the limits ourselfs these days and don't like it when somebody else (the earth) is setting the limits for us?
see thats your problem - you think the earth is a " some one " - the earth is a planet - thats all -just a planet - we should take care of the planet and respect the earth -but the earth is here to serve us -not the other way around -still there is no reason to destroy nature for no reason - what about abiotic oil the Russians found in there ultra deep wells at 30,000 plus feet - they found freshly created oil - its probably every where -peak oil creation of big oil producers
Do you have any hard facts that can support the theory that the earth is creating oil 24/7 in vast ammounts?
I have searched into it and there is nothing to support it.
And i like facts before i start to believe in something.
What is a fact that anybody can check is that more and more countrys have reached peak production and the average world wide production costs are rising step by step.
Lots of factors. Some technical. Some Political. Some economic. Some cultural.
Complicated issue with lots of intertwining factors. Bottom line, NOT ONE of the studies that alarmists quote, when they cry Peak Oil, factors advancements in 3D seismology, computational subsurface analysis, advanced directional drilling/well stimulation techniques or, THE BIGGIE, the effects of tax policy on investment in oil/gas exploration, drilling and production.
Your actually the very first person in all the years ive been on youtube who asked me that.
Now all the inovation you mentioned cuts both ways, on the one hand many of those advancements have indeed increased productional reserves (more can be produced), but at the same time that technology is making sure the reserves are sucked up even faster then before, so it doesnt change allot to the peaking of any field, that will eventually still happen.
@Clausewitzz It's an excellent book. Should be required reading in every High School.
You're a layman in the oil/gas biz. I'm not.
The advanced tech I mentioned makes more hydrocarbons available for production. They do not increase consumption.
The major factor affecting oil/gas production is tax policy. Period. But most folks don't have the first clue as to how the industry ACTUALLY operates, and so convincing them otherwise is nearly impossible.
I have noticed many opinions about this matter, one says conventional oil has allready peaked and overall peak will follow soon, others say it's a few years away, others say goverments restrains the industry so much that it could be decades, and others say there are some "elite groups" that have hidden away a couple saudi arabia sized oil reserves under their pillows....
@Clausewitzz Better than gold? Depends. Being as energy is the true universal currency in today's economy, I would rather have my buying power pegged to it, than gold. Understand, there are times when that ain't the case.
Given: State Severance @ 1/8 gross revenue. Standard 1/8 override (mineral owners). Oil @ $110.00/bbl. Drilling the Woodford Shale. These wells produce mostly rich gas with a fair amount of condensate. Cash flow equivalent of 350 bbl. oil/day. (cont)
@Clausewitzz (cont) Typical cost to drill and complete $2.5 million. WORD OF ADVICE. Never participate in any oil/gas venture where the Lease Holder (guys drilling well) are offering "units" of participation, at some price per unit. What you want is a straight whatever % working interest. Accept no substitute. Best strategy = invest whatever you figure your total Federal Tax liability will be that year.
Consult an independendat Petroleum Geologist on the Prospect before writing a check.
Since your giving such a big advice here i actually will write this one down.
Yet i do see volatile times for the oil/gas market cause there are many scenarios looking ever more likely to happen each day in wich the world gets another economic shock and if i do consider such an investment woundt that be the time for it instead of now?
@Clausewitzz Aha! Strategic thinking. Very cool. In that vein..
The US is sitting on enough natural gas alone, to power the entire nation for better than 200 years. More than enough time to 100% replace oil/gas based energy with the advanced renewables, that even oil guys like me, lust for America to have.
But where's the money come from to change the entire infrastructure? The govt? Yeah, right...So whats America got to sell, that the rest of the world, particularly the Chinese, really need?
The whole theory of peak oil is complete and utter bullshit. We're not about to run out of oil, and for sure, not natural gas, any time soon.
Before you greenies vapor lock, let me qualify that statement by saying that I'm 4th gen oil patch, own oil and gas producing mineral rights, and sell (a trickle of) the shit to make a living. So maybe I know something you don't.
I'm sitting on millions, and can't get it drilled, because our INVESTMENT TAX POLICIES make it impossible to raise the money
My only suggestion is to parallel peak oil with peak silver. The combination of the two will cause the production of silver to shrink, and the price of silver to explode.
This video sure brought out the crazies in the comment section. Oh well, Mother Nature is a cruel mistress, she doesn't care about Humans in denial, and she will have her way with us soon enough.
The podcast is about the William Bradford thanksgiving of 1623 that the US has a declared holiday and the fact that it wasn't a celebration of "peace with indians" or "refuge from the Church of England", but a celebration about CAPITALISM.
(it's on iTunes and online, but I am going to get on Stitcher too). There is a link in the visionvictorymanifesto dt com website under discussion board (new PODCAST section).
This prediction is obviously true. The question is when? Unfortunately, it does not take a genius to see the manipulation in the commodities market. My guess is that there is not one drop of oil traded in the cash market because it is traded 80 times over on the commodities and futures market.
I think VV said awhile back that no one was selling silver in the cash market at $30 per ounce, even though it broke those levels on the futures market.
Now so he have bought into this propaganda about peak oil, he probably have bought global warming too. There are plenty of oil, these oil peak scammers, have predicted peak oil dozens of times since they found it. When they have out-pumped the Earth capacity of producing the oil, I don't know, but it's not for now.
wow that a lot power plants. so far electric cars are only economical alternative to oil. how ever biomass so far is most economical alternative to oil and we can not grow enough to meet demand. how ever farmer could use wood gas to off set their diesel use.
@CoolUTubeVideos Given that oil comes from an abiotic source....why do oil companies desert oil fields?. How could Hubbert have predicted the US peak in oil production approximately 16 years before it happened. Why do oil exporting countries turn into oil importing countries?. Why do oil companies bother with deep sea drilling?
I don´t know the answer to your questions.Perhaps the reserves close to the surface are about to end,but there is plenty more oil at the depth BP tried to reach.The abiotic reserves are difficultto reach and exploit because of the depth and pressure involved,but they are there and they were NOT made from dead animals and plants.I am also a strong believer of conspiracies,I would not be surprised if our paradigm about reality is manipulated and controlled to keep us in the dark.
@CoolUTubeVideos I think you deniers are going to get a very rude waKE UP CALL. In fact it's already here. The fundamental reason the world is crashing is because of Peak Oil. It's been realized the the Massive future debts cannot be paid due to no more cheap easy to get Oil thus economic collapse, on top of that the world powers are juggling for control of the remaining resources, ie Iraq,Libyia. The world population is in crisis as the price of food goes up due to Peak Oil. Keep denying,LOL.
@valhala56 i agree val..i drive a dump truck..last week ,diesel was $1.16 a litre ,last week..by Tuesday of this week.it shot up to $1.29 a litre..''ouch''..i fear 4 my job..and our future..green energy is a joke..but u , know the SHEEPLE..they all suffer, from DISNEYLAND SYNDROME....
@chadberry75 Eventhough Peak Oil has been in the Cyberspace/Internet for over 5 years most US Americans are totaly clueless of it and the price of gasoline/Petro here has been mitigated to keep the Populace from Revolting. But they can only do that for so long. People in the US have not been finding ways to use less Petro, they still buy the big trucks and drive for pleasure. The Oil shock is coming to the US and the people will take it like a brick up side the head.
I do not consider myself belonging to some group of deniers. The latest information from Sweden says abiotic oil is not made from dead animals and plants, abiotic oil is located at such depth that no dead animal nor plant could ever be burried that deep. Abiotic oil is constantly made from carbon and hydrogen under extreme heat and pressure, it is made at a faster rate than we use it. But it is deep and so far very dangerous to reach. Do the research.
@CoolUTubeVideos Ok your not a denier, your just stupid. The point of Peak Oil is NOT how it is created but how much is produced. We could have as Jim kunstler says a creamy nugget of Oil at the center of the earth but if you can't get to it then it doesn't matter HOW IT WAS CREATED YA DUMBASS. What matters is how much is produced for use and that is going down every year moron. Jeez no wonder we are in collapse with dumbass's like you.
The abiotic oil can be reached but not with dumbasses like BP trying to do it under the sea. Abiotic or not drilling for oil is dangerous and we have spilled enough. What good does nuclear power do if the reactor will blow up some day ? We need new ways of using energy, we need to stop using oil, gas and nuclear power. No need for insults, keep the debate sivilized. :-) Solar and wind power is a joke. We need Nikola Tesla technology, clean and almost free electricity.
@CoolUTubeVideos You know what? You make absolutley no sense, first you say there is an endless supply of Abiotic Oil, then you say drilling for Oil is dangerous, shouldn't be done and we should use something else.
Personaly I think you have a few loose screws there bud. You make no sense.
@CoolUTubeVideos even if there is an endless supply of oil , we're slowly killing ourselves and everything around
us by using this shit .I guess you will also deny that the planet is heating up and the ice caps are melting as a result of our use of fossil fuels, and also don't forget the more oil we find and use we also use more and more other natural resources that there's not an endless supply of that are now being rapidly depleated
Oil is a dangerous way of using energy. I do not believe the ice caps are melting because of man made CO2. I believe the CO2 levels are increasing because the planet is geting warmer and I believe the planet is getting warmer because something is going on with the sun. Man made CO2 stands for about 6%, the oceans, volcanoes and the plant kingdom stand for the rest. I do not believe that just earth is getting warmer, from my own research the whole solar system is warming up.
@CoolUTubeVideos You have stated "Oil will NEVER END" and you seem to base this on the belief that oil is abiotic and that solves everything! Problem solved!.
You state that abiotic reserves are evidently "difficult to reach". Whom purports that abiotic oil is "difficult to reach"?.
I ask these questions because I don't get how an abiotic source of oil somehow equates to "oil will NEVER END" mentality, obviously, within the context of world oil demand.
The reserves are so deep and the pressure so high that our current technology makes the whole deal very dangerous. The abiotic oil will never end because it replenishes faster than we can exploit it. Oil will never solve the problem of energy, we need new technology based on quantum physics, something clean, safe and at last free of charge for everyone.
@CoolUTubeVideos You mention "BP tried to reach". Are you referring to the Deepwater Horizon rig that drills at sea. Does abiotic oil situate itself under the seabed as opposed to the land?. Again, drilling for oil at sea is a desperate and expensive endeavour compared to land based drilling. Whilst you probably consider people ignorant for not knowing about abiotic oil and the scam, please enlighten me further.
Yes, BP made an attempt at reaching an abiotic sea of oil under a sea of water, the Russians have done this also but they were not that dumb to do it under the sea, they failed too and had a hard time extinguishing the fire. I do not need to enlighten you any more, you just type BP abiotic in google and do some reading. The facts about abiotic reserves are not theories even though some still will claim so.
@CoolUTubeVideos You state that... "The latest information from Sweden says abiotic oil is not made from dead animals and plants, abiotic oil is located at such depth that no dead animal nor plant could ever be burried that deep."
What if we can't get to it. Further, it is surely unscientific to state that there is an infinite supply of oil available. I am not even going to persue the so-called scientist whom would state this so called factum.
It can be reached and it has been reached and it will continue to be reached untill we find a new way of using energy. Do the research, spend some days reading and investigating and then give me your opinion.
@CoolUTubeVideos The Swedish paper does not give insight regarding any recovery of significant amounts of abiotic oil!.
It seems you have insulted Daniel by stating "This guy is fear mongering you all" and then failed to provide "the facts" that refute Daniels contention!. I would not bother pointing the finger at others. You should take a good look at yourself.
Sangolt88, Control of price is not achieved by closing refineries because reduced sales but higher price is as profitable for Big Oil as higher sales at lower price. Further, Big Oil gasoline transport costs increase by centralizing. Closing the refineries isn't to control price, it is to control consumption. Global demand overtook oil production. Saudi Arabia's giant oil fields are in serious decline, so too Russia's largest oil fields and together they produce about 20.5 million bpd.
LightReuse 1 week ago
@LightReuse yeah they closed two refineries in California as well. By centralizing refineries, they can control the oil/gas price
sangolt88 1 week ago
For US East Coast residents real hardships ahead as big oil rations without calling it rationing by closing 3 PA refineries by July 2012 cutting over 50% of east coast refining capacity. Plus a 495k bpd in St Croix being closed, a major supplier to EC. Military on top of peak oil & no doubt calling the shots with big oil to manage oil supplies.
LightReuse 1 week ago
Gives me chills every time I watch it.
markgjvhydro1 1 week ago
2:50... It shows a bunch of Chinese people walking, only 3 small vehicles, are they sure they need oil?
jaymorpheus11 2 weeks ago in playlist Peak playlist
We need bulls and horses, water is going to be problem and we are going to see the most bloodiest timeline in human history. Life is Christ and death is gain.
miksulder 2 weeks ago
buy buy buy!
sapiensproeliator 2 weeks ago
Food collapse is the big one. Read the article Eating Fossil Fuels by Dale Pfeiffer on the FTW website. Trouble is people still will belligerently refuse the truth as they eat their dogs and dead neighbors.
JahrunChilamBalam 3 weeks ago
Monopoly power and technology suppression-
That is the real story.
We are still using a 19th century technology
to keep up the current power structure. We don't need it.
There are many other options that are far more efficient and less pollutive.
Geo thermal steam cannons with a Halo entry will provide World-wide logistical support for intercontinental freight. The list of uses are unending- but no one talks about it. Why? because they will be oppressed. - That is the History. LEARN!
LP101A 3 weeks ago
watch?v=uRpxhlX4Ga0
ejbh3160 1 month ago
lol at the epic music
sangolt88 1 month ago
@kalimist917 You see, your talking about a utopia. I'm been realistic. 100 yrs ago the 1.5 billion people. Today its 6.5 billion. The reason its 6.5 billion is because of cheap oil. Its not because of hemp and never will be because of hemp. If you want this self sustaining utopia then please state that instead of trying to tell me that hemp oil will sustain 6.5 billion people with food. It simply won't. Its Your living in a fantasy land if you think it will.
KrackowKid 1 month ago
@kalimist917 sure thing. keep up the good work.
KrackowKid 1 month ago
@kalimist9 I done all the research. The trouble is, I'm afraid you haven't. For every positive action there's always a negative reaction. You have to understand the economics of food production, food supply. There's only so much agricultural land to produce food. (crops). There's 6.5 billion people on the planet...ahhh whats the point. I'm wasting my time. Good luck with the hemp project dude.
KrackowKid 1 month ago
I tired explaining it without lmas...Research about food prices and agricultural commodities. research about how many farmers there are in the U.S and around the globe, research about extration rates for bio fuels outa bio crops. See how many hectacres it takes to produce 5 million barrells a day every day 365 days a year. I'm telling you dude, it can't be done without causing a mass explosion in food prices. It will at best cover 5% 5% 5% of energy needs. 5% dude. do the math,do the research
KrackowKid 1 month ago
It is NOT denial. Obama don't even want to buy any oil from Canada. WHen you have THOUSANDS of miles OFF LIMITS everywhere we have resources. then there is more to be had. Open up the north Slope of ALaska. DRILL baby DRILL. Not only are we NOT developing the oil we have, the Obama administration is doing everything they can to keep the oil we have off limits. I have heard all this same garbage in the 1970s. It is ALL propaganda so a FEW can line their pockets pushing EXPENSIVE solar and wind.
WhittyPics50 1 month ago
As long as our government is BLOCKING energy production every way they can and Keeping all the areas where we have oil OFF LIMITS, then there is NO PEAK OIL. How can anybody say there is peak oil where there is more to be had and it is purposely being kept off the market. IT IS A HOAX so politicians can line their pockets with these expensive green projects/
WhittyPics50 1 month ago
@kalimist917 Its been researched already. Hemp oil, peanut oil or any other agriculturally grown crop for oil extraction is not a runner. We consume 1 billion barrells of oil every 10 days. The qauntities required to even make up 5% of that much oil would require vast lands at the expense of other crops which would cause a food price explosion. Its has been looked at and it was dimissed by all the Peak oil experts and won't have a significant effect whatsoever.
KrackowKid 1 month ago
The oil crash was averted by the 2008 financial crisis, only an idiot would be unaware of the issue at this point. I'm pretty certain that most governments are prepared for the great decline only the public are still somewhat unaware. The transition to solar and wind is in progress, and if you compare it's growth rate with predictions of declining oil production it's clear we'll get by it won't be easy, but neither was 99.999999 percent of human history wasn't so chill out already.
MikDonsen 1 month ago
Oil has an important part in food production as well, not just tractors but also in fertilisers. A century ago was less than a third of what it is now and the world pop increases a year faster than it did in a century pre-industrial revolution. High birth and death rates consistently before oil.
Standuble 1 month ago
@WhittyPics50 Isn't life great when you live completely ignorant of the bigger picture?
Standuble 1 month ago
As long as our government is keeping American oil OFF the market, there is NO PEAK OIL. It is a government created hoax!
WhittyPics50 1 month ago
@WhittyPics50 Oh dear....we're definetely is trouble when people are in this much denial. Its frightening to read some of the comments on here.
KrackowKid 1 month ago
very good vid, cheers
managarm1349 1 month ago
Peak OIL is a HOAX just like global warming is a HOAX. The only reason there isn't enough oil is because our GOVERNMENT is keeping is off the market and blocking energy production in every way that they can.
WhittyPics50 2 months ago
@WhittyPics50
That's the most common denial reaction to peak oil.
Clausewitzz 1 month ago
@WhittyPics50 Sure its a hoax. We consume 1 billion barrells of oil every 12 days. There's 365 days in a year. When do you think we will hit the halfway point (peak)?
KrackowKid 1 month ago
I am coining a new phrase, a 'post petroleum winter' it will happen when the co2 input from gas slows down and rain and snow begins to wash the carbon from the atmosphere, and cools the earth, thereby causes more precipitation. In winter this will cause grater snow coverage of the ground, and then it becomes like the 'nuclear winter' scenario. In short it will probably lead to an ice age.
1981busch 2 months ago
@1981busch Nah still loads of coal and a fair amount of natural gas. We'll be burning those for energy once the oil is too expensive and storing it as electricity in batteries for transportations (not as convenient as oil but manageable). We'll almost certainly pass tipping point before we stop using fossil fuels and then run away global warming will take care of itself without additional human inputs.
candistyx 4 weeks ago
I am not trying to complain here, but there is not one single original study in here, all of this is word for word from other people. I actually was going right along with you knowing what the next word was going to be. It's a nice short summary of peak oil, but I think you should give credit to where the data came from.
christo930 2 months ago
@walter0bz:
For an important recent interview with g Edward Griffin, go to youtube and search: "g Edward Griffin" + "the collectivist conspiracy"
archivesDave 2 months ago
So you believe the Big Bang happened all by itself...Explain exactly how that works...
dbmdsv 2 months ago
We are being deceived BIG TIME!....
PEAK OIL is a total bold faced LIE!
Go to google and search ABIOTIC OIL as well as the LARGEST oil rig in the world called
THE LIBERTY, now situated at Gull Island in Alaska and owned by BP. It is preparing to
drill 8 MILES down to the largest tapped off oil field in the world but will not do so til oil reaches 150 to 200 dollars a barrel.
DO YOUR HOMEWORK !!!!
These folks and Michael Ruppert ('Collapse'), are still drinking the Koolaid!
archivesDave 2 months ago
@archivesDave -
Its true people will profiteer, but peak oil is very real.
the irony is, if you really get it, you'll see you can't sell anything based on preparing for peak oil. The predicted trend is that money/investments will cease to function and we return to agrarian age. To survive peak oil you go backwards in time 200+ years
walter0bz 2 months ago
@walter0bz I agree with you Walter more than disagree.
I tend to side with the 99 Percenters & know we are being controlled by the
Elitist Banksters and Corporatists of the world.
'We The People' must find ways to override this fascist oligarchy before they bring
down the Euro and US economies which is their nefarious plan.
That being said, they are utilizing the 'Peak Oil Theory' as part of their plan.
Go to youtube or Alex Jones and watch Lindsey Williams' latest interview.
archivesDave 2 months ago
@archivesDave :-
my own view is that peak oil is a fact that's been known for 50 years; thats why 'they' have had time to prepare. some made the observation that earths population was rising too fast and questioned (a) could that continue (b) what would be the longterm consequences. 'They' are preparing to survive ecological & resource collapse. It will look like genocide to the rest of us. Its' a dead end that we'd have needed 1CP in the 1980's to avoid. Minus fossil: 2billion peeps top
walter0bz 2 months ago
@archivesDave " bring down the Euro and US economies which is their nefarious plan."
-- the Euro and US economies were doomed the moment we started depending on motorcars.
walter0bz 2 months ago
@walter0bz
I would tend to side with Ron Paul and g Edward Griffin who say it was the founding of the Fed Reserve in 1912/ 1913. If u haven't seen any of Griffin's youtube clips on it,
I'd say it's a must see. Griffin wrote the famous NY Times best seller, 'Creature From
Jekyll Island', the history of the Fed Res.
Anothr 'Day of Infamy' was Aug 15th, 1971 when Nixon took us off the gold.
Aug 15, 2011: EXACTLY 40yrs post.
ONe other date was 'the Ides of March', 2009 to check out.
archivesDave 2 months ago
@archivesDave - the banking and oil are separate issues,
but the connection is , the issuing of new credit made sense whilst energy was increasing. the credit (petrodollars) tracked the trickledown of fossil fuel benefits through society
in the past the source of energy was land (land ownership), the measurements of land trading being a bit more stable perhaps although in the distant past it was more literal feudalism for the main part
walter0bz 2 months ago
@walter0bz
You say " banking and oil are separate issues",
After u have a chance to peruse Griffin on youtube or his book, I think you will see them
as two sides of the same coin. Nicholas Hagger comprehensively underscores this.
Currency of the masses: fiat paper.
Currency of the Elite: Gold, land, commodities, oil
Currency of the Shadow Elite: Power and Control
archivesDave 2 months ago
@archivesDave - ok but what I disagree with is,
this idea that scarcity is artificial, caused by 'the banking system'. people went in for the housing ponzi scheme because with impending peak oil there were fewer opportunities for real progress
walter0bz 2 months ago
@walter0bz
Have u had a chance to peruse Lindsey Williams and Griffin yet?
archivesDave 2 months ago
@archivesDave -
I haven't looked - i've seen all angles already. i'm not arguing there isn't an a shadowy elite etc. I'm arguing that peak oil is the bigger problem. the elite are a symptom. the elite have a plan to survive it. moot point,as not everyone will survive. competition for diminishing resources means the outcome for most people is certain: another 'cunt' will get the resource and you suffer without it. perhaps the elite had a long-running plan. hubbert predicted peak 50years ago.
walter0bz 2 months ago
the elite need the economy to continue 'as is' or they risk bing overthrown.
we might overthrow the elite but it won't change anything.. scarcity is scarcity - either way we'll be at war with each other. we all made this dead end by building a civilization around a finite resource. dumb thing to do.
walter0bz 2 months ago
@walter0bz
"the elite need the economy to continue 'as is' or they risk being overthrown."
Sorry bro but you're dead wrong there!
Get back to me after u've perused Griffin and Williams.
Deeper duty: Nicholas Haggar!
"Ordo ab Chao"
archivesDave 2 months ago
@archivesDave -
the current 'empire' is global which means it can't be controlled. it is the product of specialization across the globe
walter0bz 2 months ago
@walter0bz
"ordo ab chao"
and
Problem ~ Reaction ~ Solution...the Hegelian Dialect.
Hegel and Haggar have it pegged spot on!
archivesDave 2 months ago
@archivesDave -- 1970's was USA peak.
again i'm more inclined to believe the real physical changes cause social changes (like Nixon taking you off gold or whatever). TPTB are those who emerge on top of the competition for scarce resources
walter0bz 2 months ago
@walter0bz
One more brilliant historian I've been following for nine yrs is Dr Nicholas Hagger, a prolific British professor and sage who wrote 'The Syndicate' and 'Secret History of The West', along with a few books on philosophy and poetry.
Unfortunately he doesn't have much on youtube as does Griffin.
archivesDave 2 months ago
@walter0bz
More about 'Peak Oil' & the 'Power Elite':
Since youtube evidently won't allow me to give the URL link here, you can google
"power elite" + "daily bell"
archivesDave 2 months ago
@archivesDave - not questioning those in power use tricks behind the scenes, but power is a 2 way thing - it comes from resonating with herd. bigger the population gets, the deeper the pyramid. We always had kings and emperors - Americans forget this because they had a few centuries respite in the new world: then they are surprised when billionaires emerge taking the place of the kings they escaped in europe. Competiton for finite resources means power for winners. more peeps=more comp
walter0bz 2 months ago
@archivesDave -- thanks for link, i'll look into it; i'm familiar with a lot of this type of material already (illuminati NWO etc)
walter0bz 2 months ago
@archivesDave -
the oil price will go wild past peak oil.
ultimately it won't be distributed by prices/the state.
oil will case to be traded as a commodity and become a purely strategic resource controlled by the military. it will be distributed by specific strategic arrangements only.
carbon taxes are the state preparing to ration dwindling supplies.
without oil there IS no state
walter0bz 2 months ago
@archivesDave -
some oil may have non abiotic origin that doesn't change that it's finite, and it will run out.
you dig something up,it will eventually deplete. it's not rocket science. Human tech isn't really that clever, it's cheating by being non-renewable. The rest of the biosphere has flight,transport,computing,communications all engineered with recycled/self-assembling nano-technology - way more advanced than our crude 'toys'. fosslfuel-industry is a 200 year blip on 4billion year planet.
walter0bz 2 months ago
@archivesDave -yes as oil becomes more scarce we will drill deeper, oil won't run out over night. the supply will decrease, and we will have to try harder and harder to scrape the bottom of the barrel.
only way to prepare is figure out how to live with zero fossil use, purely recycling material on the surface using solar power just like we used to, it's the only way for a species to survive in the long-run.
walter0bz 2 months ago
Damn this is a marketing TOOL.
FO
CosmosPrivateer 2 months ago
@CosmosPrivateer - marketing for what. PO means reducing making most things you can sell. solution is reversing to primitive lifestyles
walter0bz 2 months ago
@walter0bz
Not primitive but a more sustaining civilization. We make way to much crap we don't really need. We run people all over the place that actually do nothing to help our civilization. We create jobs or keep jobs we don’t need just to keep our economic system running.
The entire system IS breaking down but that’s ok if we know what to do.
CosmosPrivateer 2 months ago
For some reason we think the human race won't come up with an alternative to oil??
Were much smarter than that.
Fuck it don’t worry about it we are very smart people.
CosmosPrivateer 2 months ago
@CosmosPrivateer - no we are bounded by nature, recent achievements on the back of millions of years of dead plants made us look smarter than we really are. if we were truly smart we wouldn't have built a civilization around finite resource in the first place!!!
walter0bz 2 months ago
finally someone who knows the facts on peak oil. well done video.
FerraJuke 2 months ago
What is interesting... if you add India, China, Russia and another country they use the same amount of oil per day as the US. Yet if you add up the populations of all those countries, that is well over 3x the population of the US. Goes to show you, the US wastes a shitload of crude.
jesteraver 2 months ago
Hence, the US's military conquest of Africa, the Mid-East and now even Asia. I guess it's all a matter of which will come first: the global economic collapse or the third world war.
seanlaca 2 months ago
Excellent informative video...
strideninja 2 months ago in playlist Liked videos
I shared this video.
virusone25 2 months ago
Excellent, excellent analogy Daniel......I've added this to my "favorites" and posted the link on my facebook. Thanks for your work!!!
1dutchgrl 2 months ago
Quaker state and Penns Oil is oil that comes from Pennslyannia. Remember that the next time you change your oil.
Great video!
Mr2wings 2 months ago
China buying it, US invading for it. Resource wars are inevitable.
javabarbarian 2 months ago
The equation, in reality, is simple. But anything that does not revolve around a philosophy of LESS -- Less Energy, Stuff, and Stimulation -- will make sensible and timely responses either out of reach or too emotionally challenging to accomplish. Welcome to the new third world. There's still so much to enjoy and be grateful for!
oikosecosnomikos 2 months ago
these numbers are insanely scary...
when he says 6 million barrels- isnt that 55gallons per barrel x 6 million to find out the gallons...wow!
reebok3d 2 months ago
Another good one again!
shanekolidra 2 months ago 2
@shanekolidra thx
visionvictory 2 months ago
The Chinese are all over the world gathering oil and every other raw material. The US? Obama stops drilling here, but gives billions to State owned oil in Brazil & Colombia. George Soros is a major stockholder of those enterprises. This while he praises OWS. Meanwhile, how will the great commuter cities survive? Like LA or Chicago. Or even a Tucson, where it is difficult to grow food, will be in great difficulty.
emmy1cat 3 months ago
I recommend everyone to watch "Collapse". It's a feature film about peak oil theory.
suma4m 3 months ago 8
@suma4m
Actually it's about much more than that. And it's not exactly evidence, just very serious stuff to think about.
the81kid 3 months ago
@suma4m Just finished it, good recommendation. thx
visionvictory 2 months ago
@suma4m
I would actually suggest people to watch the doc: A crude awakening: The oil crash.
Havent found any other doc that describes it better (including collapse), ofcourse anybody can look diffrently at it, yet the more people get this picture the better even those who refuse to believe in it.
Clausewitzz 2 months ago
I really don't like the music...I feel like I'm being manipulated by it. It takes away from the legimate information.
tabcan 3 months ago
@tabcan
I have that exact same opinion when I see videos like this.
the81kid 3 months ago
@tabcan I like the music, gives it a serious tone, it's better than rap background music, like another similar video used. LOL
trangenusa 2 months ago
legalize hemp.
PestControl02 3 months ago in playlist daily watchlist
@PestControl02 the won't legalize hemp, because hemp competes with plastic or nylon, which are both made from 90% oil and 10% rubber tree, that's why we can buy imported hemp, but can't grow it. Big Oil will lobby to stop it.
trangenusa 2 months ago
@trangenusa exactly my point. so many useful products from hemp, including ethanol. It could create a multitude of industry & jobs & energy.
It's use is intentionally repressed.
thanks for your comment :)
PestControl02 2 months ago
@PestControl02 Yes, I've got friends that do underground "hemp". you can make all the followings and then some, belts, shoes, pants, shirts, (cloths), shampoo, rope (industrial type), old sailing ships used all hemp rope before nylon and plastic, and of course, we could save our forest by making hemp paper, and best part is it's ALL bio-degradable.
trangenusa 2 months ago
Peak oil production is completely different from peak oil discoveries. Also many of the first generation oil wells across the US are re-filling with new oil and remain capped. This is occurring due to the Earth's core heat emissions...Oil is a mineral NOT a fossil fuel...
dbmdsv 3 months ago
@dbmdsv oil is a fossil fuel.and it take millions of years to form
twilight8181 2 months ago
@twilight8181 So you believe man evolved from ape as well...
dbmdsv 2 months ago
@dbmdsv so you believe some greater entity in the heavens put man on earth then
twilight8181 2 months ago
plant fruit trees too
laurieannek 3 months ago
Corporate Control and Meddling is main cause of the oil depedency!
Those CORRUPT & insane corporations like General Motors, Standard Oil wanted us as a society to be car-depedent by lobbying to get rid of the streetcar suburbs, pass land-use car-depedent laws, promote car-depedent cities (1939 World's Fair/Futurama) & lobbyied to pass the Interstate Hgihway Act!
This is was all control! Now since we are so glued to the system, where are enslaved and we must break the corporate chain!!
Cyrus992 3 months ago 6
Detached homes & suburbs do not necessarily create excessive oil use, since we had those even in the early 20th Century
A lot of us who live in the suburbs do not have homes that take up more than 1/5 of acre. A lot of live in condos, small lot detached homes, etc.. therefore it takes little space
We are car-dependent mainly due of those INSANE & NEGLECTFUL laws from street dimensions, parking minimums, building setbacks, cul-de-sac subdivision housing, etc. making our cities drivable
Cyrus992 3 months ago 3
For a moment I though u guys would be pro oil, personally I look to Cuba for all of this, can say now that I've almost elimatned all products that have petroleum in them from my life, obviously I can't go to quite the 'no impact man' level and still keep sanity, though many would think I'm insane for hoping the world see prices for barrel hopefully hit $30 plus by Q4 2012, around the time of the true financial depression (stuff this recession stuff) and hopefully people will finally be given th
farfetchfilm 3 months ago
How is everything going there at--Future Money Scams---I never here about the stock GPXM You where Shilling a few months ago. You said hurry up and buy this penny stock at 16cent per share and i did. Now its at 8 cents per share ..People You may want to think twice before You listen to this Guy when he makes a recommendations
steav777 3 months ago
This is too well done
Mystery207 3 months ago
@Mystery207 thx
visionvictory 2 months ago
@visionvictory , nicely done however my math shows me that the increased usage in the US from 17.7 to 20.7 is a 14.49% increase not the 17% as shown in the video. I would like to run the numbers on China to as well, 400% seems awfully high. No dispute that china is becoming and will become a MAJOR consumer of oil and many other natural resources that will create supply issues globally. Just commenting that there is no need to roundup numbers to emphasize a very serious situation.
njboesman 2 months ago
Very well done Daniel.
mikewalker260 3 months ago
@mikewalker260 thx for the comments
visionvictory 2 months ago
What can we say - impressive. In contrast, MSM was reporting a woman in a Walmart using pepper spray. She thought she was a cop - we guess.
cyanzone 3 months ago
Read "Crossing the Rubicon" Michael Ruppert. It covers this scenario very well. THere is a reason why the US military is interested in invading anybody with oil that is not friendly to the US. Its the same reason China is building a huge military. Its all about oil ya'll and there is a huge war coming. The US needs 11 million barrells per day. It pumps only 5.5 million per day. Half of what we want to use is needed from others.
WHEREtheFUNK 3 months ago
Well done documentary. worth watching thumbs up !!!
Romulan112 3 months ago
@Romulan112 thx for taking the time to comment
visionvictory 2 months ago
great video! very well done! I like how you had jim rogers pic up there...I believe everything that man says and you just filled in the gaps on some things i hadnt considered..i also like the look of the silver to oil ratio historically... interesting times will be ahead for sure!
funkysnarf 3 months ago
Corporate Control and Meddling is main cause of the oil depedency!
Those CORRUPT & insane corporations like General Motors, Standard Oil wanted us as a society to be car-depedent by lobbying to get rid of the streetcar suburbs, pass land-use car-depedent laws, promote car-depedent cities (1939 World's Fair/Futurama) & lobbyied to pass the Interstate Hgihway Act!
This is was all control! Now since we are so glued to the system, where are enslaved and we must break the corporate chain!!
Cyrus992 3 months ago
Detached homes & suburbs do not necessarily create excessive oil use, since we had those even in the early 20th Century
A lot of us who live in the suburbs do not have homes that take up more than 1/5 of acre. A lot of live in condos, small lot detached homes, etc.. therefore it takes little space
We are car-dependent mainly due of those INSANE & NEGLECTFUL laws from street dimensions, parking minimums, building setbacks, cul-de-sac subdivision housing, etc. making our cities drivable
Cyrus992 3 months ago
the price of oil is raising because it is a commodity and the dollar is weakening thats the reason for the price increase - where are your facts that enforce the concept of peak oil ?
cassanoa 3 months ago
OMG U.S is going to attack IRAN to get the oil...
spacebrdcst 3 months ago
many wells were capped in the us cause of the gov. gull island has more oil than any middle eastern field. A massive oil/natural gas field exists under Gull Island, located in the waters of Prudhoe Bay in Alaska, according to Lindsay Williams
animaluc 3 months ago
@animaluc Lindsey Williams is a scam artist...
We are not running out of oil... We are infact running out of cheap oil. The remaining oil is harder to extract, harder to refine, and Energy Return on Energy Invested is very low... What good is this oil if you have to pay 15$ a gallon for gas?
Oil production flow rates are decreasing rapidly, and no amount of new discovery can stem this decline in production. Peak Oil is real...
gauharjk 3 months ago
yes it is bull - why you think Albert gore has shut his mouth -because the ice caps have been growing larger - what is happening to the planet is beyond al gores ability to understand -it would take more than 500 letters to describe -so suffice it to say that all this about earth changes has very little to do with us and allot to do with the sun -nothing we can do to stop it - people like al gore have been fooling people into giving him money - wake up and do some real research
cassanoa 3 months ago
I am glad that alternative media is finally acknowledging the reality of Peak Oil... I wonder when MSM will catch on...
gauharjk 3 months ago
Amazing. Fuckin' people who don't have the first clue about how the oil and gas biz actually works, somehow feel qualified to pontificate on the in's and out's, of crude oil and natural gas investment, exploration and production.
Some history. Jimmy Cater (Dem) instituted the horrific Windfall Profits Tax, which took ONE THIRD, OFF THE TOP, of every dollar that came out of a domestic oil well. Investment dropped to zero, production hit the basement.
THAT'S why we're addicted to MidEast oil.
MachOverspeedsPlace 3 months ago
@MachOverspeedsPlace (Edit) Jimmy CARTER.
MachOverspeedsPlace 3 months ago
@MachOverspeedsPlace
If peaking is all nonsence then why did the US peaked over 40 years ago and dozen of other countrys have peaked since that time?
All goverment coverups?
Or is it simply the earth setting the limits even though our modern selfish minds don't like that idea becaus we like to set the limits ourselfs these days and don't like it when somebody else (the earth) is setting the limits for us?
Clausewitzz 3 months ago
@Clausewitzz
see thats your problem - you think the earth is a " some one " - the earth is a planet - thats all -just a planet - we should take care of the planet and respect the earth -but the earth is here to serve us -not the other way around -still there is no reason to destroy nature for no reason - what about abiotic oil the Russians found in there ultra deep wells at 30,000 plus feet - they found freshly created oil - its probably every where -peak oil creation of big oil producers
cassanoa 3 months ago
@cassanoa
Abiotic... right.
Do you have any hard facts that can support the theory that the earth is creating oil 24/7 in vast ammounts?
I have searched into it and there is nothing to support it.
And i like facts before i start to believe in something.
What is a fact that anybody can check is that more and more countrys have reached peak production and the average world wide production costs are rising step by step.
Clausewitzz 3 months ago
@Clausewitzz I take it you've read "On War" ?
Lots of factors. Some technical. Some Political. Some economic. Some cultural.
Complicated issue with lots of intertwining factors. Bottom line, NOT ONE of the studies that alarmists quote, when they cry Peak Oil, factors advancements in 3D seismology, computational subsurface analysis, advanced directional drilling/well stimulation techniques or, THE BIGGIE, the effects of tax policy on investment in oil/gas exploration, drilling and production.
MachOverspeedsPlace 3 months ago
@MachOverspeedsPlace
Ive indeed read it.
Your actually the very first person in all the years ive been on youtube who asked me that.
Now all the inovation you mentioned cuts both ways, on the one hand many of those advancements have indeed increased productional reserves (more can be produced), but at the same time that technology is making sure the reserves are sucked up even faster then before, so it doesnt change allot to the peaking of any field, that will eventually still happen.
Clausewitzz 3 months ago
@Clausewitzz It's an excellent book. Should be required reading in every High School.
You're a layman in the oil/gas biz. I'm not.
The advanced tech I mentioned makes more hydrocarbons available for production. They do not increase consumption.
The major factor affecting oil/gas production is tax policy. Period. But most folks don't have the first clue as to how the industry ACTUALLY operates, and so convincing them otherwise is nearly impossible.
Want to invest in an Oklahoma gas well?
MachOverspeedsPlace 3 months ago
@MachOverspeedsPlace
I have noticed many opinions about this matter, one says conventional oil has allready peaked and overall peak will follow soon, others say it's a few years away, others say goverments restrains the industry so much that it could be decades, and others say there are some "elite groups" that have hidden away a couple saudi arabia sized oil reserves under their pillows....
Should i invest in a Oklahoma gas well?
Is it better then let's say... gold?
Clausewitzz 3 months ago
@Clausewitzz Better than gold? Depends. Being as energy is the true universal currency in today's economy, I would rather have my buying power pegged to it, than gold. Understand, there are times when that ain't the case.
Given: State Severance @ 1/8 gross revenue. Standard 1/8 override (mineral owners). Oil @ $110.00/bbl. Drilling the Woodford Shale. These wells produce mostly rich gas with a fair amount of condensate. Cash flow equivalent of 350 bbl. oil/day. (cont)
MachOverspeedsPlace 3 months ago
@Clausewitzz (cont) Typical cost to drill and complete $2.5 million. WORD OF ADVICE. Never participate in any oil/gas venture where the Lease Holder (guys drilling well) are offering "units" of participation, at some price per unit. What you want is a straight whatever % working interest. Accept no substitute. Best strategy = invest whatever you figure your total Federal Tax liability will be that year.
Consult an independendat Petroleum Geologist on the Prospect before writing a check.
MachOverspeedsPlace 3 months ago
@MachOverspeedsPlace
Since your giving such a big advice here i actually will write this one down.
Yet i do see volatile times for the oil/gas market cause there are many scenarios looking ever more likely to happen each day in wich the world gets another economic shock and if i do consider such an investment woundt that be the time for it instead of now?
Clausewitzz 3 months ago
@Clausewitzz Aha! Strategic thinking. Very cool. In that vein..
The US is sitting on enough natural gas alone, to power the entire nation for better than 200 years. More than enough time to 100% replace oil/gas based energy with the advanced renewables, that even oil guys like me, lust for America to have.
But where's the money come from to change the entire infrastructure? The govt? Yeah, right...So whats America got to sell, that the rest of the world, particularly the Chinese, really need?
MachOverspeedsPlace 3 months ago
The whole theory of peak oil is complete and utter bullshit. We're not about to run out of oil, and for sure, not natural gas, any time soon.
Before you greenies vapor lock, let me qualify that statement by saying that I'm 4th gen oil patch, own oil and gas producing mineral rights, and sell (a trickle of) the shit to make a living. So maybe I know something you don't.
I'm sitting on millions, and can't get it drilled, because our INVESTMENT TAX POLICIES make it impossible to raise the money
MachOverspeedsPlace 3 months ago
Great job Daniel.
My only suggestion is to parallel peak oil with peak silver. The combination of the two will cause the production of silver to shrink, and the price of silver to explode.
TheSilverProf 3 months ago
Excellent production, beautiful piece, well done and great info!
eduardoobregon 3 months ago
This video sure brought out the crazies in the comment section. Oh well, Mother Nature is a cruel mistress, she doesn't care about Humans in denial, and she will have her way with us soon enough.
pmarie2003 3 months ago
This really educated me on peak oil. Great video Daniel.
Flumbiguous 3 months ago
Well done video, friend. I finally did a podcast.
The podcast is about the William Bradford thanksgiving of 1623 that the US has a declared holiday and the fact that it wasn't a celebration of "peace with indians" or "refuge from the Church of England", but a celebration about CAPITALISM.
(it's on iTunes and online, but I am going to get on Stitcher too). There is a link in the visionvictorymanifesto dt com website under discussion board (new PODCAST section).
Happy Thanksgiving everyone!
jcwitness 3 months ago
@jcwitness wow thx
visionvictory 3 months ago in playlist Liked videos
This prediction is obviously true. The question is when? Unfortunately, it does not take a genius to see the manipulation in the commodities market. My guess is that there is not one drop of oil traded in the cash market because it is traded 80 times over on the commodities and futures market.
I think VV said awhile back that no one was selling silver in the cash market at $30 per ounce, even though it broke those levels on the futures market.
But cheap oil is gone forever.
666sigma 3 months ago
Renewable and bio energy are the future. Those agriculture places got ABUNDANCE of those energy and resources.
ltmikepowell 3 months ago
Now so he have bought into this propaganda about peak oil, he probably have bought global warming too. There are plenty of oil, these oil peak scammers, have predicted peak oil dozens of times since they found it. When they have out-pumped the Earth capacity of producing the oil, I don't know, but it's not for now.
kennjohnsen 3 months ago
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csvikings83 3 months ago
@csvikings83
So CO2 is an pollutant ?
kennjohnsen 3 months ago
wow that a lot power plants. so far electric cars are only economical alternative to oil. how ever biomass so far is most economical alternative to oil and we can not grow enough to meet demand. how ever farmer could use wood gas to off set their diesel use.
spark300c 3 months ago
all the more reason for hemp
bunzombie 3 months ago
The future is going to be like FALLOUT the video game. Apocalyptic America apocalyptic world. Its inevitable
bboychi1 3 months ago
Here you go people, OIL will NEVER END...
New studies prove abiotic oil reserves.
viewzone.com/abioticoilx.html
CoolUTubeVideos 3 months ago 6
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csvikings83 3 months ago
@CoolUTubeVideos Given that oil comes from an abiotic source....why do oil companies desert oil fields?. How could Hubbert have predicted the US peak in oil production approximately 16 years before it happened. Why do oil exporting countries turn into oil importing countries?. Why do oil companies bother with deep sea drilling?
halfasheep 3 months ago
@halfasheep
I don´t know the answer to your questions.Perhaps the reserves close to the surface are about to end,but there is plenty more oil at the depth BP tried to reach.The abiotic reserves are difficultto reach and exploit because of the depth and pressure involved,but they are there and they were NOT made from dead animals and plants.I am also a strong believer of conspiracies,I would not be surprised if our paradigm about reality is manipulated and controlled to keep us in the dark.
CoolUTubeVideos 3 months ago
@CoolUTubeVideos I think you deniers are going to get a very rude waKE UP CALL. In fact it's already here. The fundamental reason the world is crashing is because of Peak Oil. It's been realized the the Massive future debts cannot be paid due to no more cheap easy to get Oil thus economic collapse, on top of that the world powers are juggling for control of the remaining resources, ie Iraq,Libyia. The world population is in crisis as the price of food goes up due to Peak Oil. Keep denying,LOL.
valhala56 3 months ago
@valhala56 i agree val..i drive a dump truck..last week ,diesel was $1.16 a litre ,last week..by Tuesday of this week.it shot up to $1.29 a litre..''ouch''..i fear 4 my job..and our future..green energy is a joke..but u , know the SHEEPLE..they all suffer, from DISNEYLAND SYNDROME....
chadberry75 3 months ago
@chadberry75 Eventhough Peak Oil has been in the Cyberspace/Internet for over 5 years most US Americans are totaly clueless of it and the price of gasoline/Petro here has been mitigated to keep the Populace from Revolting. But they can only do that for so long. People in the US have not been finding ways to use less Petro, they still buy the big trucks and drive for pleasure. The Oil shock is coming to the US and the people will take it like a brick up side the head.
valhala56 3 months ago
@chadberry75 Diesel is twice as expensive in Britain already. Its 1 pound 40 pence a litre.
hablerz 3 months ago
@valhala56
I do not consider myself belonging to some group of deniers. The latest information from Sweden says abiotic oil is not made from dead animals and plants, abiotic oil is located at such depth that no dead animal nor plant could ever be burried that deep. Abiotic oil is constantly made from carbon and hydrogen under extreme heat and pressure, it is made at a faster rate than we use it. But it is deep and so far very dangerous to reach. Do the research.
CoolUTubeVideos 3 months ago
@CoolUTubeVideos Ok your not a denier, your just stupid. The point of Peak Oil is NOT how it is created but how much is produced. We could have as Jim kunstler says a creamy nugget of Oil at the center of the earth but if you can't get to it then it doesn't matter HOW IT WAS CREATED YA DUMBASS. What matters is how much is produced for use and that is going down every year moron. Jeez no wonder we are in collapse with dumbass's like you.
valhala56 3 months ago
@valhala56
The abiotic oil can be reached but not with dumbasses like BP trying to do it under the sea. Abiotic or not drilling for oil is dangerous and we have spilled enough. What good does nuclear power do if the reactor will blow up some day ? We need new ways of using energy, we need to stop using oil, gas and nuclear power. No need for insults, keep the debate sivilized. :-) Solar and wind power is a joke. We need Nikola Tesla technology, clean and almost free electricity.
CoolUTubeVideos 3 months ago
@CoolUTubeVideos You know what? You make absolutley no sense, first you say there is an endless supply of Abiotic Oil, then you say drilling for Oil is dangerous, shouldn't be done and we should use something else.
Personaly I think you have a few loose screws there bud. You make no sense.
valhala56 3 months ago
@valhala56
I say it again, there is an endless supply and yes it is dangerous to use oil as an energy source. What don´t you understand my friend?
CoolUTubeVideos 3 months ago
@CoolUTubeVideos even if there is an endless supply of oil , we're slowly killing ourselves and everything around
us by using this shit .I guess you will also deny that the planet is heating up and the ice caps are melting as a result of our use of fossil fuels, and also don't forget the more oil we find and use we also use more and more other natural resources that there's not an endless supply of that are now being rapidly depleated
OUTOFGAS88 3 months ago
@OUTOFGAS88
Oil is a dangerous way of using energy. I do not believe the ice caps are melting because of man made CO2. I believe the CO2 levels are increasing because the planet is geting warmer and I believe the planet is getting warmer because something is going on with the sun. Man made CO2 stands for about 6%, the oceans, volcanoes and the plant kingdom stand for the rest. I do not believe that just earth is getting warmer, from my own research the whole solar system is warming up.
CoolUTubeVideos 3 months ago
@CoolUTubeVideos You have stated "Oil will NEVER END" and you seem to base this on the belief that oil is abiotic and that solves everything! Problem solved!.
You state that abiotic reserves are evidently "difficult to reach". Whom purports that abiotic oil is "difficult to reach"?.
I ask these questions because I don't get how an abiotic source of oil somehow equates to "oil will NEVER END" mentality, obviously, within the context of world oil demand.
halfasheep 3 months ago
@halfasheep
The reserves are so deep and the pressure so high that our current technology makes the whole deal very dangerous. The abiotic oil will never end because it replenishes faster than we can exploit it. Oil will never solve the problem of energy, we need new technology based on quantum physics, something clean, safe and at last free of charge for everyone.
CoolUTubeVideos 3 months ago
@CoolUTubeVideos You mention "BP tried to reach". Are you referring to the Deepwater Horizon rig that drills at sea. Does abiotic oil situate itself under the seabed as opposed to the land?. Again, drilling for oil at sea is a desperate and expensive endeavour compared to land based drilling. Whilst you probably consider people ignorant for not knowing about abiotic oil and the scam, please enlighten me further.
halfasheep 3 months ago
@halfasheep
Yes, BP made an attempt at reaching an abiotic sea of oil under a sea of water, the Russians have done this also but they were not that dumb to do it under the sea, they failed too and had a hard time extinguishing the fire. I do not need to enlighten you any more, you just type BP abiotic in google and do some reading. The facts about abiotic reserves are not theories even though some still will claim so.
CoolUTubeVideos 3 months ago
@CoolUTubeVideos You state, "This guy is fear mongering you all. According to new studies oil will never peak. Get the facts!"
Where are the studies that state oil will never peak. (abiotic or whatever)
How can anybody state abiotic oil reserves replenish themselves faster than we can consume it?.
What oil fields and data could this conclusion be based on?.
Whilst I agree with you on many levels, I despise disinfo and want some FACTS or logic.
halfasheep 3 months ago
@halfasheep
This is what I have found out for myself, univerwsity papers and alike. Please do your own research now that you know what abiotic oil is.
CoolUTubeVideos 3 months ago
This has been flagged as spam show
@CoolUTubeVideos A quick search for the scientific literature does not produce any papers stating...
1) "According to new studies oil will never peak."
Comment: Oil seemingly peaked in the US in 1971
2) "The abiotic oil will never end because it replenishes faster than we can exploit it."
continued...
halfasheep 3 months ago
@CoolUTubeVideos You state that... "The latest information from Sweden says abiotic oil is not made from dead animals and plants, abiotic oil is located at such depth that no dead animal nor plant could ever be burried that deep."
What if we can't get to it. Further, it is surely unscientific to state that there is an infinite supply of oil available. I am not even going to persue the so-called scientist whom would state this so called factum.
.
halfasheep 3 months ago
@halfasheep
It can be reached and it has been reached and it will continue to be reached untill we find a new way of using energy. Do the research, spend some days reading and investigating and then give me your opinion.
CoolUTubeVideos 3 months ago
@CoolUTubeVideos The Swedish paper does not give insight regarding any recovery of significant amounts of abiotic oil!.
It seems you have insulted Daniel by stating "This guy is fear mongering you all" and then failed to provide "the facts" that refute Daniels contention!. I would not bother pointing the finger at others. You should take a good look at yourself.
halfasheep 3 months ago