Drill Baby, Drill? Peak Oil for U.S. was 1971 - USA running out of OIL - PT 1

[claudelebel55]

One person doesn't like hearing the truth. That's why we have politicians who are willing to support him in his illusions in exchange for a vote :)

[HostileNegotiator]

Oil was a nice scheme to get rich. It's a mere side effect that the world is now dependent on something that will not last forever.

[elviolette]

@acavideo If you think Roscoe Bartlet isn't just as full of shit as the rest of them, you haven't been listening.

BP's check must have been late that day.

[Ralphdraw3]

@elviolette If you don't like politicians, try this video: Peak Oil: How Soon? How Serious? watch?v=O7h4VjZhe_w ...... Petroleum Geologist Jeffrey J. Brown provides an overview of the global energy picture, focused on oil supply and demand and the impact of peak oil exports. Is the world at or near the maximum of oil production? Can new finds make up for increasing consumption? How might net exporters alter supply? Series: Humanitas [9/2008] [Public Affairs] [Science] [Show ID: 14989]

[dlucas90]

Let me see if I understand this. There is less hay being produced than ever before, but there is more cattle and horses eating hay than ever before?

Surely this govt official wouldn't lie to us on behalf of a monopoly, I mean, govt. officials are saints. No white collar crimminals would be interested in "legalizing" fraud and protecting monopolies, right?

If a monopoly sells beach sand to people in the forest, wouldn't it be more profitable to claim that the source of sand is running out?

[Ralphdraw3]

@dlucas90 .... If you don't like politicians, try this video: Peak Oil: How Soon? How Serious? watch?v=O7h4VjZhe_w ...... Petroleum Geologist Jeffrey J. Brown provides an overview of the global energy picture, focused on oil supply and demand and the impact of peak oil exports. Is the world at or near the maximum of oil production? Can new finds make up for increasing consumption? How might net exporters alter supply? Series: Humanitas [9/2008] [Public Affairs] [Science] [Show ID: 14989]

[dlucas90]

@acavideo If "unconventional" sources like tar are filling the supply to an increasing demand, than it stands to reason that production is increasing, not decreasing. You haven't answered the basic question. Either there is a increasing demand for petrolium being filled by an increasing production capability, or production is decreasing and unable to provide for the engines in use right now, which is it?

You can't use fuel prices to prove anything since the petrolium industry is a monopoly....

[dlucas90]

@dlucas90 Furthermore, if "unconventional sources are increasing production to keep up with increasing demand, why doesn't it show up on these charts being used? Shouldn't they be updated to take into account for the increased prodution created from "unconventional" techniques? According to the charts in this vdeo there is not enough production to maintan the current demand, so it seems suspicious to claim that demand is actually increasing.

[Ralphdraw3]

@dlucas90 Tar sands are lower quality, more dirty, harder to transport and refine. In fact, mining of tar sands requires a lot of water - 3 barrels of water for every barrel of oil.

[dlucas90]

@Ralphdraw3 It may well be true that tar sands are more dirty, harder to transport and refine but the basic math problem still exists. If the number of engines is increasing and the number of barrels produced is decreasing, wouldn't that make for a lot of engines with no fuel?

If one were to claim that they were producing half the amount of dough for bagels yet, at the same time claimed to be selling twice the number of bagels, wouldn't you be suspicious?

I will check out your other video.

[Ralphdraw3]

@dlucas90 The number of engines is not the only variable. The other variable is how efficient each engine is. And, as well, how much the engine is used.

[dlucas90]

I have trouble believing some of the charts as they seem to conflict with each other. For example, world production is claimed to have peaked in 2006, yet since that time, demand has continued to climb. Which is it? Are more engines using gas than ever before, or, is production dropping off making it impossible to supply existing engines?

It could be that the petroleum monopolies, would love us all to believe fuel is becoming rare as gold and pick scientist that support this theory.

[therealcharismatron]

Thanks for posting these. I've watched them all. I've visited your YourTube channel and it's difficult to navigate--I hope to see some improvements on the page in the future. Great clips! Keep 'em coming

[lonewolfmtnz]

Peak Energy = Peak Food = Peak Pain = Peak Misery Monkey = Peak Goodness

[elviolette]

Pay no attention to the man behind the curtain.

Roscoe is a far right and full of shit as the rest of them... Big Oil just forgot to send him a check.

[Ralphdraw3]

@elviolette Most of the oil in the world is mined by government entities (not private companies) - the Saudis, the Iraqis, the Libyans etc...

[Ralphdraw3]

@christo930 NOPE - it from this year MAY 2011. how expensive is gasoline today? $4 a gallon.

[christo930]

@Ralphdraw3 NO it isn't. Do a search on youtube. Rosco Bartlett did this in 07 or 08 I believe. Anyway, I saw the whole thing years ago on youtube. It's old.

[Ralphdraw3]

@christo930 This speech was given on the floor of the House of Representatives last month, May in 2011. He refers to the oil in Alaska and the oil in the Gulf of Mexico. He also refers to new natural gas finds. And of course gasoline is more expensive than ever - around $4 a gallon. China and India (and other countries) will push the price of oil even higher.

[christo930]

@Ralphdraw3 watch?v=7lwkyqFB-34&

But perhaps this is just a repeat of the speech he gave in 2008 since the public is once again interested with the new higher gas prices.

[ERICRIPPER1]

I say respect the earth!!!!. Neocons do you understand that???? Of cousre not, neocons do not posses a compassion gene!!!!

[therealcharismatron]

Gah--where's Pt. 2?

[Ralphdraw3]

@therealcharismatron I have part 3 up - watch?v =-bbAJ5dk6y8

[baronderothchild]

I own oil leases in OK, TX, LA, and throughout the Gulf of Mexico...they are nowhere near being dry. My family has been in the oil exploration business for over 50 years. We will never run out of oil. Never. This old geezer is so uninformed it's painful to watch. I was half expecting a couple of nurses to approach him and usher him back to the hospital. Our government is full of fools.

[Ralphdraw3]

@baronderothchild then why does the price of oil keep rising?

[josabby474]

@Ralphdraw3 because the speculators are greedy bitches. The only way to get of our dependence on foreign oil is to get rid of our dependence on oil and get innovative with other forms on energy. People keep saying that they don't want to change to cars with alternate fuels because they can't afford to. very few people can afford new technology, but after a few years a lot of working class people have it (DVD, IPOD, Smart phones, xbox, ect) it can be the same with cars.

[dangerouslytalented]

@Ralphdraw3 To be fair the problem has a LOT to do with profiteering both by speculators and the oil companies.

[Ralphdraw3]

@dangerouslytalented the OIL SHOCK was in the 1970's - oil quadrupled in price. OPEC became one of the most powerful economic groups in the world. At that time, the US was importing more than half its oil needs - most of the from the Middle East.

[59acres]

@baronderothchild Stupidest statement I've read all year.You must think the world is made of oil.The US reached peak production in 1970.Maybe you shouls try getting oil leases in DeNile because its obviously where you live.

[christmasdnc]

@baronderothchild

Never? Idiot.

[CmdrTobs]

@baronderothchild It's not debatable. The numbers those graphs are drawn from are fact. You can't dismiss facts.

[dangerouslytalented]

@baronderothchild Congratulations. However, reserves like that are increasingly rare... Tell me, how are the new discoveries going, even with all the new equipment that is available these days? I mean, in the 70s, they did not even have anything close to what they would call a computer these days...

[judoyodan]

The problem is, that nobody takes Republicans seriously about anything anymore.

[realoldguy1969]

@judoyodan If the Republicans didn't portray themselves as snake oil salesmen, puppets and clowns, and witch doctors, they might be heard while ranting. They have flawed logic which has persisted for eight decades, and has only hurt this country. Life is hard, it is even harder when your stupid- Jon Wayne. Republicans are stupid.

[Ralphdraw3]

@realoldguy1969 This Republican - IS REJECTING "DRILL BABY, DRILL". He says we are fast running out of oil. He is, in effect, endorsing Pres. Jimmy Carter's position on energy during the first oil shock of the 1970's.

[judoyodan]

@realoldguy1969,if that is really a quote from the Duke, then I have a new opinion of him.

Check this out. China overtook the usa in energy consumption last year. Do a search on it.