The Coming Fuel Crisis

[vlada881]

In fact, when it happen the global economy would go into cardiac arrest and after that into death.

[ALANSARALHAQ]

PEAK OIL is a real problem and there is NO real solution to it. 30 years from today you will see total economic collapse, you will see lots of conflicts fighting for the last bits of oil... 100 years from now civilisation a syou know it will be no longer be.. This is the end of the golden age!! No amount of solar energy or any other energy will provide you with energy to match fossil fuels Nuclear Energy is too damn unstable and what are you going to do with Nuclear Waste!!!

[InnocentByproduct]

(Post #2 of 2)

Second, the OIIP (Oil Initially In Place) of our entire planet has a low estimated of 2.5 trillion to an absolute high of 4.5 trillion. So your many hundreds of thousands of trillions of barrels (and such cosmic barrel-counts should be stated in gigabarrels) has no basis in science.

Our real problem now is the EASY oil is almost gone. All that remains is the hard stuff ... and the Mid-East stuff we Americans only WISH we could claim as our own. (Maybe if we invade ... nah.)

[InnocentByproduct]

(Post #1 of 2)

Your facts are a bit off.

First, just your math is bad, never mind your geology. When I calculate your .006% of 470,000 trillion barrels (which should more appropriately be stated in gigaberrels and not thousands of trillions of barrels) I get 28,200,000,000,000 barrels, or 28.2 trillion barrels. We have NOT used that many barrels since oil consumption first began 150 years ago. Humanity has only used about 1.2 trillion to 1.8 trillion barrels since Titusville, PA in 1859.

[InnocentByproduct]

The Futures Markets have many commodities. Such as wheat (and oil).

But wheat is different from oil because wheat is a FINITE yet RENEWABLE commodity. So we just plant more wheat and keep reaping it every year ad infinitum and that's why the price is up one year and down the next.

Oil on the other hand is FINITE yet NON-RENEWABLE. We can't plant new crops of oil. Once it's gone it's gone. Until then it's becoming scarce AND expensive. And it'll only get MORE expensive as scarcity grows.

[InnocentByproduct]

1) Which means oil will never be cheap again. So we need to get off the stuff ASAP.

2) Wrong. The very best ERoEI for shale oil has been shown to be about 13-to-1, and that is only in the most optimal situations where nothing goes wrong. It's more typically 3-to-1 or less.

3) The water situation in Colorado is a serious one. But don't take my word for it. Look it up in Google under "Water+Wars+Colorado."

Liberals want to crash the economy? What? You're advocating a conspiracy theory???

[InnocentByproduct]

Over 99% of that 1 TRILLION barrels in Colorado is shale oil.

1) Shale oil costs a fortune to mine and process.

2) Shale oil has a dismal ERoEI of about 1.7 to 1 (look up ERoEI, it's in Wiki).

3) Shale oil requires massive inputs of FRESH water at several stages of the very complex process involved in it extraction and refinement -- and last I heard you Colorado folks have an expression: "Here in Colorado we TALK over whiskey, but we FIGHT over water."

Shale oil is a loser's game.

[brokenbriton]

in the end only the aboriginies and native americans will survive

[ALANSARALHAQ]

In the end the people of the east will continue to be self sufficient...

You will come to realise why the East was always self sufficient and innovative and the barbarians will return to their old ways... just no longer in pin stripe suits.

[Deft89]

Time to save are country!

[usernameavilable]

jbone and 161803, you two are fucking tools.

jbone - no shortage of oil? what are you, christian? how can somebody be so ignorant? I mean seriously, you believe we have infinite oil and that the laws of physics and common sense don't apply?, fucking tool. Burn in a church.

161whatever - aside from your utter lack of forethought as to simple things like climate change, anoxic oceans, and presumably the two times table, your mother. gazzy pwnt you, go die in an oil fire.

[nextlifeguitarist]

@usernameavilable aahahah..funny post!

[jbonez002]

There is no shortage of oil...There is a shortage of honesty and morality.!!!!

[Puzzoozoo]

Yeah, go on telling yourself that if it makes you feel better.

[jbonez002]

Suit yourself...There is no shortage of oil...there is a shortage of honesty and morality.!!!!

[Puzzoozoo]

Yeah, go on telling yourself that if it makes you feel better.

[jbonez002]

there is no shortage of oil...There IS a shortage of honesty and morality.!!!!!

[frankendependence]

All the posts so far are so pessimistic.

This video is a wakeup call for us to think about our energy challenges and then do something to overcome them.

There is no doubt that every individual can take steps to conserve energy which is the first step(we waste far too much).

Then we can move toward the carbon free non polluting energy sources. There is plenty of energy, we're just addicted to the "cheap" stuff. Energy independence is not free!

[strapt313]

i wish i could believe that alternative fuels could replace oil but its simply not true. its much too late. our economy will crumble soon. we are all fucked.

[Mechman064]

Not everyone is pessimistic. I fully intend to survive this and I'm devoting a significant chunk of my income each month toward archiving that goal. I'm saving food and silver for the short term economic bumps also I changed my job to public transportation and I'm learning to garden to help me over the long haul. I've chosen to live a much more modest life than most, so I could get debt free and payoff my home sooner. This attitude will help me in the future. See my videos for my peak oil plans.

[Stan1208]

Learn to eat possum and dead rats.

[carnooba]

No, it'll be OK. The NWO has a plan to cull the world's population with gene (race) specific infectious diseases developed in the lab using genetic modification.

If you're white, you will be one of the "chosen people" Remember that phrase from the Bible? That's what it really meant, nothing to do with Jews.

See the movie, "I Am Legend" for what will happen.

[gazzyjeanne]

World population went up from about 2 billion in 1930 to 6.5 billion today, supported by the great expansion of oil production. While correlation itself is not proof, the logic that oil fueled this unprecedented population explosion is inescapable.

The opposite will happen as a result of the decline in oil production, for which there is as yet no known adequate substitute.

If you want to prepare, for most of you, buy a burial plot. Only a fraction can survive the next 50 years.

[Bernd1964]

The perspective that the world population has to drop down below to maybe 1 billion people within my lifetime doesn't bother me too much because I always expected that my life will end some day. I feel privileged to have lived in an era with abundant energy and lots of technical, scientific and social progress. Only ignorance mourns the finite character of life.

[161803]

"The opposite will happen as a result of the decline in oil production, for which there is as yet no known adequate substitute."

That's simply not true: coal.

[gazzyjeanne]

Wishful thinking.

How is coal to be mined when open pit mining requires oil? How many tractors, delivery trucks and personal autos can be run on coal when coal to liquids has an EROEI of 3 and the current EROEI for oil is about 8. That means for every 8 internal combustion engines running today, coal can only keep 3 running.

Place you bet on coal and you likely will be more than disappointed.

[161803]

I didn't say it was efficient--and it doesn't have to be with the amount of proven coal reserves exist out there. If you mine 8/3 the energy-equivalent of coal each year that we get from oil today, then you're okay. There will come a time when coal will become scarce and when we might face a more acute energy problem, but that time is far off and there is likely to be a myriad of unforeseeable technological advances made between now and then that might render this problem moot.