How can you run out of oil and food when industrial hemp can grow almost anywhere with minimal inputs and produce oil, food, fuel and animal feed?
How can you run out of food when anyone can obtain a plastic tub, fill it with waste coffee grounds and grow oyster mushrooms in it, in city or country?
At best, peak oil is the gradual loss of modern electronics and globally supplied manufactured products, being replaced with local alternatives.
Since Obama has been in office, gas is up 87% ($1.34/gallon in Feb. 2009 to the national average of $3.58 today). Last week in Ca , I paid $4.19 it will be over $5.00 by Christmas... it will not go down.
Remember, Obama said his plan would cause energy prices to “skyrocket.” This is one promise he has kept.
Heinberg walks the talk...I've been learning to live as if oil already is $400 per barrel. I converted my families home to a net-zero solar powered home that uses no oil or gas....I made a film about the unique changes I made called, "Preparing for Peak Oil"...
Easily removable oil is declining in availiability, but companies such as ConocoPhillips, Chevron, etc pump got steam into the reservoir so as to decrease the viscocity and pump out. Once that option becomes jeapordised, due to low suppy worldwide, oil prices will shoot up. This will then make economically viable deposits such as oil shales and oil sand will become economically viable to exploit. Therefore cost will be the only problem, we still have access to these hydrocarbons.
Sure there are more costly deposits of oil too. But eventually cost will not be the only problem. If extracting one barrel of oil takes more or equal amount of energy than one barrel of oil, then there is no point to extract oil for energy. And count in all exploration, infrastructure building etc. energy too.
Conventional oil wells are still viable for at least another 50 years from what a petroleum professor has told me. We have to keep in mind just how massive the Earth's crust is, and some of these deposits like in Bahrain, Iraq, Saudi Arabia, Indonesia, Iran, Caucasus, Northern Shelf, simply blow the mind in size. Also: natural gas will cannabilise some petroleum demand in the coming years: look @ Gorgon project in West Australia and elsewhere.
Oil is not just for transportation fuel. Its also used to make fertilizers, plastic, computers, microchips, and clothing. So, the food you eat, the water bottle you hold, the computer you're reading this on, and maybe the clothes you're wearing all depend on oil. Riding a bike is not going to resolve the problem.
I don't really care, I mean when we run out we run out, lol...I mean it's like having anexity about something, it's pointless because your just worrying about the inevitable.
We're not as screwed as many people seem to think in my opinion. Just look at how oil awareness is spreading already when by all accounts we still have at least a little oil left. The prices are making it the central focus so already the politicians are turning toward the issue. It's a shame they are not more direct. It will not be pretty but people gotta relax a bit. Don't panic.
It's a fact that Norway peaked around 2001. The decline of production has been 30% so far. The huge income to the government makes it possible to have one of the best welfare systems in the world. Still, peak oil is not on the political agenda. We are still discussing how to capture CO2 in order to save the climate. Energy shortage is not an American problem only. The whole world will have huge problems on their hands.
yeah, keep believing that, it helps you sleep at night. Be like everyone else and say, "I don't believe there is an energy crisis, I don't believe there is a food crisis, I don't believe there is anything wrong with the environment. The fucking point is - we need to start making changes NOW so we have a future before it IS too late.
Actually many think its conservative prop. to increase oil prices.
Sorry, it isn't, but the more people like you, the better chances I have should the SHTF, so I ain't gonna argue other than to say, "how could it NOT peak?"
Haha sure I'm lazy. I hike at least once a week and have climbed about a dozen 14k mountains. I walk every day. I got a nice big garden too. I'm dealing with it quite well. And I got a nice Haro I sometimes get on once I've burned a few gallons of gas driving it to the near by Rocky Mountains. So thank you for not using my gas Captain Bicycle.
Well...I do believe the God given petrol would be under YOUR feet...meaning the oil everywhere else is NOT YOUR God-given right. Now, if you want your military to take it by force...well...there is a term for that...I think it's robbery
Haven't you heard of the global economy? It doesn't matter who's oil it is if you have money! I didn't say I was stealing my gasoline but I sure as hell ain't pumpin it from my back yard.
Peak Oil explains the behavior of the Bush regime and the US empire -- why they stole the 2000 election, allowed (and assisted) 9/11, enacted the Patriot Act, created Homeland Security and invaded the Middle East oil fields.
Oil prices are high not due to the fact that we are running out, but because the oil companies want to keep delivering the shareholders money. There is enough more oil but they wont build mroe refineries because this will drive down the price. And in 2004 it is proven that inside the earth oil gets produced daily and is not a fossil fuel. 5 times before we have been threatend about peak oil and 5 times techonolgy has helped us...technology is infinite so in my opinion theres is no real problenm
just search in google, the reaserch won a prize in 2004 and loads of back up reacearch has confirmed it. The only thing is that we dont know how much, and how fast it is made, but it basically rises up from the earth core and refills the oil fields.
The abiogenic source of major amount of usable oil is discredited (read the review of Glasby in Resource Geology 2006). Anyway, peak oil is based on production and proven reserves. It was confirmed in many countries, which were never capable of producing more oil after the peak. Moreover, thermodynamics is the limiting factor here: either we run out of energy or we saturate in entropy.
Well said. Amazing too how many people think that batteries, hydrogen, and ethanol are 'sources' of energy.
There are only 2 major kinds of energy: Solar and Nuclear. Fossil fuels are ACCUMULATIONS OF SOLAR ENERGY. Solar cells only get the trickle we receive today, not eons worth, and can't ever produce anywhere near the same energy because of this.
We are running out of Uranium, so fission isn't the answer. Either we get Fusion online soon or we will be in big trouble.
Dude im 16 ur generation fucked up this world for my generation....and yes i know im young but still i have an educated opinion and did my research. The worst thing is having pessimistic burks around who only complain..come up with a solution instead of complaining and wasting time on youtube
Dude, I totally agree with you. Actually it was my parents and grandparents who fucked us over, but my generation has been sitting around with their thumb up their asses wondering what to do as well.
I have a solution, and I am now writing a book about it. It involves a change in government format - a new evolution beyond the lunacy of democracy.
Also, I have humane ideas for how to reduce our population (no genocide or murder) which must be done as well.
I got a '78 Les Paul Goldtop and a '86 strat which I've done lots of mods to. Use a Line 6 POD straight through the PA. I also use lots of EBow in my stuff - found ways to use it that I haven't heard from others.
When the world falls apart, we guitarists gotta stick together. Right?
well....i have a start affinity with a shitty frontman 15, and i have a well good admira fiest (spanish)but im gonna buy a cort m600 and a takamine eg440 but not sure which to get first. further more i ahev a crybaby something not the cheap one but with cool stuff on it
Technology is infinite? Are you a moron or a religious fanatic?
Any problem of reality can be solved by your god, Mighty Technology?
Actually, Technology is dying. According to J. Huebner's 'A possible worldwide trend for declining innovation', published in 'Technological Forecasting and Social Change'; the rate of technological innovations per capita has been declining for about 100 years. US Patents per capita too.
Your god will not save us. If we don't get Fusion soon, game over.
Watch road warrior/mad max movies, thats the future, either that or water world, choose one theres no wrong answer either way it's the future so just saving and stocking up.
This Peak is a very clever selling tool which allows for gas prices to increase. Hmmm This goes very deep. And they are selling it very cleverly. I just hope they have everyone in mind when they make the choices they make. And I dont mean the crumbs. Its squeezing society and rest assured, its ALL BUSINESS!
You obviously know nothing about supply and demand. When you have new economies in developing countries in India and China who want oil just as bad as the United States does, all the while production not increasing at the same rate, you're going to get rising gas prices. When we eventually near the end of oil, if we don't change, it's going to set us back at least 500 years.
Cheap labor is what's keeping it low. Don't get greedy, or we'll have to get greedy as well. That's the game. Or you can go up 300 barrels of oil open the boarders of mexico and canada, offer cheaper labor jobs, and make big profits and keep your government money off the americans here. Then do the same to those countries after you've tapped out your own people. Funny how Europe is peaked too? And North Asia? New World Order? for what reason again?
The men who make it happen get the wells online, once they're online, prices go up? Gas prices go up? Its time the people learn your game. Increased wages. Nice wages I say. Or drill it yourself. Men have died working in the rough conditions. Conoco doesn't even drill anymore, they have many producing field alone. Deep Water is now an option, just implemented. Lots of oil in deep water. Yo'ure trying to monopolize it.
Nice.. that means that those of us drilling for it, and the service companies can charge even more per hour. Being away form our families weeks at a time, sacrificing life on the water to get that oil drilled. Nice.. So this means a rases from 11-20 per hour to 100 dollars per hour per man making this happen. Service companies can go up 500% on prices as well. Nice.
I am in the oil business and am absolutely awash in oil, and they are drilling multiple new wells everyday.
We have plenty of oil off the coast and in anwar, but it is unable to be obtained. In the meantime, I will continue to live well off of the oil business.
Then you must be aware of the fact that numbers of the IEA and DOE show that the growth of production of conventional oil is stagnating, which contradicts your statement about "being awash in oil".
The non-conventional oil (tar sand, oil shale) of which there is plenty is very expensive to extract and refine.
The international Energy Agency is non-government. The oil industry has been relying on their numbers for decades. If you claim their numbers are wrong it's up to you to prove it.
It could very well be that you are "awash in oil". The world produces 85 million barrels a day. So obviously, genius, a lot of people are awash in oil. But that doesnt change the fact that the vast majority of oil producing regions are in decline. They wouldnt be spending billions of dollars drilling miles below the ocean floor if cheap and easy to extract oil was meeting demand. We need ever increasing consumption in order to grow this ponzi scheme economy. Else, it contracts, as we are seeing.
It's because oil futures are that high, it isn't based on supply. Did you know that US refineries this last winter cut back to 10% reserves to drive the price of oil up this winter? Wondering why you aren't seeing the same prices you did last winter on gasoline, despite not a single interuption in supply.
Which brings another point, if oil isnt meeting demand, where has the big shortcoming been?
the vidieo claims we are only meeting demand with a little to spare. You have made a straw argument. Lives are gonna change soon get on board or get left behind. What you do or don't do to prepare really only matters to you in the long run.
What's there to speculate? Peak oil is already here. The earth consumes 30 billion barrels per year and discovers 4 billion barrels of oil per year. The remaining barrels are and have been drawn out of reserves for the last 40 yrs. Clearly, the reserves are being drained. Essentially, we are not able to discover oil fast enough to match the increasing rate of oil demand.
Peak oil is a fact. Even if there are undiscovered fields, the cost of obtaining the oil will be much higher.
Ron Paul wont like this answer, but I believe the solution is much higher gasoline taxes. If we have to pay $10 a gallon then we will buy more economical cars, And look to alternatives
If peak oil is really here why do the auto industry,and oil industry push for less fuel efficient cars,trucks? It's all bullshit to drive prices up and start wars. don't beleive me? The ford model T got 25 mpg. search:toyota eco spirit or Audi A2 or vw Lupo
The oil industry is becoming increasingly inefficient, and soon it will require more energy to get the oil out of the ground than the oil itself will yield. It's already beginning to shave that line. oil driven vehicles manufactured in factories powered by oil driven generators drive oil driven machines to tap the oil and pump it out, then oil powered vehicles transport the crude to a place where oil powered machines purify and separate the oil into its various products.
Of a full trailer tanker full of oil, how much of that crude becomes diesel. And how much diesel does the truck that hauled the crude consume over the distance it had to haul the crude. And how much oil do the refineries consume to refine the oil. and once it's refined, how much diesel and gas is consumed transporting all that diesel and gas, not to mention the natural gas and tar and other products it yielded, all being transported and processed using methods that consume more energy from oil.
By the time you reach the end of the line, from the fuel consumed searching for, finding, accessing, drilling, tapping, pumping, transporting, refining, transporting, processing, manufacturing, and transporting again, plus all the energy consumed providing creature comforts to the laborers in every single facet of this equation, we are running a very very thin line of efficiency. Peak oil is not the end of the oil supply. Peak oil is when oil begins to consume more energy than it supplies.
Imagine an in home device with about 900 of them !! in furace sized device. - Powering 3/4th of all Power in home.
so then
Imagine Going to bed (lights off, TV OFF)
- thanks to sleep hours (900 shaken batteries still shake by a use of simple Back/forth magnatisim between the tubes walls - (when power use is low// a second Battery collect EXCESS energy - SO (100 percent power provided to homes)
That would not work. Sorry. What you are describing is a perpetual motion device. You may think that using magnetism (not magnatism) to cause a part of a machine to move back and forth continuously is a new idea, but it isn't. It also doesn't work... you would know that if you had ever seen or held a magnet.
There are thousands of "perpetual motion devices" on YouTube. Almost all of them use magnets. None of them work.
Illuminati exists - and we're not necessarily "followers", but we are, in essense, their "slaves". We're cogs in the wheel, working ourselves to death driving the economy and funding their war spending. They have no concern for the future - if they did, they couldn't indulge in their lust for power. Bush starts a "war" in Iraq, and a huge percentage of our war spending goes into Cheney's pockets. Wake up!
the peak oil curve makes sense if the oil market was a free market, which it isn't, it's a cartel. oil companies keep the price as high as possible and their investments as low as possible without harming growth of demand. From a national security perspective it would make sense to drill other peoples oil first if you can do so without impacting the development of your own nations economy and keep your own oil as insurance.
It could be very true.. On the other hand there are at the moment around 2.5 billion people coming out of poverty (India and China combined), so they all have the chance to buy and drive cars (oil consuming) and buy goods (oil consuming).. This means the demand for oil is increasing significantly and therefore I start to wander: do we really hit peak oil?!?
We've been capping good wells all over Texas sense the late seventies.I have first hand knowledge of this.The oil company's anticipated this and have stood quietly by while steadily turning off the spicket.I have no doubt oil is becoming increasingly hard to get to but this is BS.
I'd be interested to know how you have "first hand" knowledge of this. Even if every good well in Texas was capped before it ran out, however, how much difference would this really make? After all, Texas is no Saudi Arabia. Everyone who still has a good well ten years from now will probably make a lot of money, but it's not going to make much difference in terms of the end of oil in general.
this is about how oil is becoming increasingly hard to get, not to say that it's disappearing entirely. The harder it is to pump the oil out of the ground, the more energy it requires, the less efficient the process, the more it costs per barrel. Back in the 30s you'd breach a well and it would just burst out. Now you have to pump it out using increasing amounts of energy and millions of gallons of water.
With your mention of Diesel- Diesel engines can be run on vegetable oil such as sunflower or rapeseed. This is because they work by compressing fuel rather than exploding it (like in a petrol gasoline engine)
There is also a hydrogen engine developed by mercedes (if my memory serves me correctly). It works by extracting hydrogen from the water particles in the air, and as far as i know this is the only precondition it requires to operate.
Hydrogen may not be the solution, at least yet. Today production of hydrogen for fuel cells of combustion is produced using fossil fuels, so hydrogen is just a different way of delivering energy, it is not a new source.
The NWO illuminati keep free energy from the masses to keep us enslaved to oil,youtube Nikola Tesla free energy or water car
The illuminati bankers started communism,ww1,ww2,the french revolution,they keep some countrys poor and flood others with mass immigration,divide and rule is how they work
The thing is, you can't prove that Illuminati or such thing as an New World Order exists, I'm not saying it isn't possible I'm just saying why believe something that you've never had confirmed? It's like believing in God and religions. Infact this NWO thing sounds to me like some kind of religion, Illuminati are God and we, the followers are their slaves or something.
petro dollars doesn't mean what you think it does. The term petro dollars refers to when an oil producing country borrows money and agrees to pay the lending country back in petroleum. Basically the country puts up oil as collaterral on a loan.
That's not the same thing artificial scarcity talks about how they hold back suppply to drive up demand and prices. creating artificial scarcity. OPec refuses to admit that oil is running out because if people thought or knew that they would search for alternatives and OPEC, exxon etc would be replaced by another resource. Most likely electricity (poor EV1)
but that's true regardless of whether peak oil is real or not. Chavez says Venezuelas oil won't run out for 200 years. also peak oil would create a collapse of the global economy and probably ww3. would seem that the heads of states would have planned a head and talked about it more openly.
Trading in Euros, Dollars, Yuans, Pesos or run barrels wont make a difference. The price is not determined by the currency used in trade since oil is traded on an international market.
How can you run out of oil and food when industrial hemp can grow almost anywhere with minimal inputs and produce oil, food, fuel and animal feed?
How can you run out of food when anyone can obtain a plastic tub, fill it with waste coffee grounds and grow oyster mushrooms in it, in city or country?
At best, peak oil is the gradual loss of modern electronics and globally supplied manufactured products, being replaced with local alternatives.
At worst? better make like and ostrich and bury.
MrHEMPKING 1 month ago
Why isn't this stuff on Discovery and History channel? Is it something nobody wants to talk about?
sangolt88 7 months ago
and it was right. we hit peak oil crisis in 2008 and now the second wave is here and it will never stop
DanFrederiksen 9 months ago
This has been flagged as spam show
Since Obama has been in office, gas is up 87% ($1.34/gallon in Feb. 2009 to the national average of $3.58 today). Last week in Ca , I paid $4.19 it will be over $5.00 by Christmas... it will not go down.
Remember, Obama said his plan would cause energy prices to “skyrocket.” This is one promise he has kept.
onstageagain 9 months ago
can't we just convert all our coal to liquids and life with gas masks on when we go outside?
MrEnergyCzar 1 year ago 27
Life without oil sounds really romantic. Cocksucking under the stars...... wooooow.
RussianBarbarian 1 year ago
Heinberg walks the talk...I've been learning to live as if oil already is $400 per barrel. I converted my families home to a net-zero solar powered home that uses no oil or gas....I made a film about the unique changes I made called, "Preparing for Peak Oil"...
MrEnergyCzar 1 year ago
Interesting: I see 4 possible scenarios
1.) out of oil: (2 billion people die?)
2.) or some time later: climate change (-4 bion. people?)
3.) or famine & war caused by overpopulation (8 bion. dead?)
4.) worst scenario: everybody survives:
Living in a super efficient world. Everything is limited to the absolute minimum. no freedom, no nature, hard everyday labour for sheer survival.
I suggest:
1.) birth control (better then in 20 years)
2.) build sustainable infrastructure
flamifer 2 years ago
@flamifer so are u worried about not dieing yourself or saving remaining 7999999999 from dieing.
jeeperscreepers0071 1 year ago
@jeeperscreepers0071
What do you mean? Yes, I am worried. Our current childish behavior might destroy the very foundation of our existence. It is not sustainable.
flamifer 1 year ago
I'm more concerned about peak coffee than peak oil.
florgat91 2 years ago
that's funny, i thought coffee was a renewable resource?
jobogee 2 years ago
Easily removable oil is declining in availiability, but companies such as ConocoPhillips, Chevron, etc pump got steam into the reservoir so as to decrease the viscocity and pump out. Once that option becomes jeapordised, due to low suppy worldwide, oil prices will shoot up. This will then make economically viable deposits such as oil shales and oil sand will become economically viable to exploit. Therefore cost will be the only problem, we still have access to these hydrocarbons.
karlkarlkarl1234 2 years ago
Sure there are more costly deposits of oil too. But eventually cost will not be the only problem. If extracting one barrel of oil takes more or equal amount of energy than one barrel of oil, then there is no point to extract oil for energy. And count in all exploration, infrastructure building etc. energy too.
Kratax 2 years ago
Conventional oil wells are still viable for at least another 50 years from what a petroleum professor has told me. We have to keep in mind just how massive the Earth's crust is, and some of these deposits like in Bahrain, Iraq, Saudi Arabia, Indonesia, Iran, Caucasus, Northern Shelf, simply blow the mind in size. Also: natural gas will cannabilise some petroleum demand in the coming years: look @ Gorgon project in West Australia and elsewhere.
karlkarlkarl1234 2 years ago
Unfortunately, coal reserves have not peaked.
JuanVoyce 2 years ago
Oil is not just for transportation fuel. Its also used to make fertilizers, plastic, computers, microchips, and clothing. So, the food you eat, the water bottle you hold, the computer you're reading this on, and maybe the clothes you're wearing all depend on oil. Riding a bike is not going to resolve the problem.
Bakerman1963 3 years ago 6
I don't really care, I mean when we run out we run out, lol...I mean it's like having anexity about something, it's pointless because your just worrying about the inevitable.
ukiki2012 3 years ago 2
You're right, it's just a ride. Just a shame humans squander the stuff on massive SUV's and stupid wars.
activedentalfloss 2 years ago
We're not as screwed as many people seem to think in my opinion. Just look at how oil awareness is spreading already when by all accounts we still have at least a little oil left. The prices are making it the central focus so already the politicians are turning toward the issue. It's a shame they are not more direct. It will not be pretty but people gotta relax a bit. Don't panic.
Justwannalogon 3 years ago
who gives a rats ass.
dave98503 3 years ago
It's a fact that Norway peaked around 2001. The decline of production has been 30% so far. The huge income to the government makes it possible to have one of the best welfare systems in the world. Still, peak oil is not on the political agenda. We are still discussing how to capture CO2 in order to save the climate. Energy shortage is not an American problem only. The whole world will have huge problems on their hands.
fluggum 3 years ago 2
LOL there is no such thing as "peak oil" its all liberal propeganda
avp715 3 years ago
yeah, keep believing that, it helps you sleep at night. Be like everyone else and say, "I don't believe there is an energy crisis, I don't believe there is a food crisis, I don't believe there is anything wrong with the environment. The fucking point is - we need to start making changes NOW so we have a future before it IS too late.
mycatisromeo 3 years ago 3
Actually many think its conservative prop. to increase oil prices.
Sorry, it isn't, but the more people like you, the better chances I have should the SHTF, so I ain't gonna argue other than to say, "how could it NOT peak?"
withindarkness 3 years ago
"Sorry, it isn't, but the more people like you, the better chances I have should the SHTF,"
True.
Two men running from a Grizzly Bear...
The first chap turns to the second; "What are you running for, we can't escape a Grizzly!"
The second chap yells back; "I'm not trying to outrun the Grizzly, I'm trying to outrun you!"
Of course if someone's not paying attention, you may not need to run at all. ;)
CobblyWorlds 3 years ago 2
Its not nice, but thats the way it is.
There are so many people, that the only smart thing to do is inform someone, and move on if they don't like what your saying.
I just hope that, if/when TSHTF, all the people that were told don't blame those that were prepared... and that they stay outta my garden. ;)
withindarkness 3 years ago
RIDE A BIKE!!!!!!!!!
mjc1377 3 years ago 5
nah
avp715 3 years ago
Right on. Thats what I'm doing, anyway
withindarkness 3 years ago
I'm not letting some Chinaman use MY God-given petrol! I'll ride the bike after I use all his gas!
Justwannalogon 3 years ago 3
to late buddy-our economy is going-going-going-----gone!!!!!!-deal with it!!!!!!!again--lazy ass-RIDE A BIKE!!!!!!!!!!!!!
mjc1377 3 years ago
Haha sure I'm lazy. I hike at least once a week and have climbed about a dozen 14k mountains. I walk every day. I got a nice big garden too. I'm dealing with it quite well. And I got a nice Haro I sometimes get on once I've burned a few gallons of gas driving it to the near by Rocky Mountains. So thank you for not using my gas Captain Bicycle.
Justwannalogon 3 years ago
Well...I do believe the God given petrol would be under YOUR feet...meaning the oil everywhere else is NOT YOUR God-given right. Now, if you want your military to take it by force...well...there is a term for that...I think it's robbery
Chromatype 2 years ago 2
Haven't you heard of the global economy? It doesn't matter who's oil it is if you have money! I didn't say I was stealing my gasoline but I sure as hell ain't pumpin it from my back yard.
Justwannalogon 2 years ago 2
This has been flagged as spam show
Peak Oil explains the behavior of the Bush regime and the US empire -- why they stole the 2000 election, allowed (and assisted) 9/11, enacted the Patriot Act, created Homeland Security and invaded the Middle East oil fields.
eddietru 3 years ago 3
Oil prices are high not due to the fact that we are running out, but because the oil companies want to keep delivering the shareholders money. There is enough more oil but they wont build mroe refineries because this will drive down the price. And in 2004 it is proven that inside the earth oil gets produced daily and is not a fossil fuel. 5 times before we have been threatend about peak oil and 5 times techonolgy has helped us...technology is infinite so in my opinion theres is no real problenm
FenderMan112 3 years ago
Show me the peer-reviewed article that demonstrates the non-fossil origin of oil.
BrightHumanist 3 years ago
just search in google, the reaserch won a prize in 2004 and loads of back up reacearch has confirmed it. The only thing is that we dont know how much, and how fast it is made, but it basically rises up from the earth core and refills the oil fields.
FenderMan112 3 years ago
The abiogenic source of major amount of usable oil is discredited (read the review of Glasby in Resource Geology 2006). Anyway, peak oil is based on production and proven reserves. It was confirmed in many countries, which were never capable of producing more oil after the peak. Moreover, thermodynamics is the limiting factor here: either we run out of energy or we saturate in entropy.
BrightHumanist 3 years ago
Well said. Amazing too how many people think that batteries, hydrogen, and ethanol are 'sources' of energy.
There are only 2 major kinds of energy: Solar and Nuclear. Fossil fuels are ACCUMULATIONS OF SOLAR ENERGY. Solar cells only get the trickle we receive today, not eons worth, and can't ever produce anywhere near the same energy because of this.
We are running out of Uranium, so fission isn't the answer. Either we get Fusion online soon or we will be in big trouble.
PhilosopherEight 3 years ago
Dude im 16 ur generation fucked up this world for my generation....and yes i know im young but still i have an educated opinion and did my research. The worst thing is having pessimistic burks around who only complain..come up with a solution instead of complaining and wasting time on youtube
FenderMan112 3 years ago
Dude, I totally agree with you. Actually it was my parents and grandparents who fucked us over, but my generation has been sitting around with their thumb up their asses wondering what to do as well.
I have a solution, and I am now writing a book about it. It involves a change in government format - a new evolution beyond the lunacy of democracy.
Also, I have humane ideas for how to reduce our population (no genocide or murder) which must be done as well.
Nuclear Fusion is needed too
PhilosopherEight 3 years ago
BTW...
You got a strat or a tele? What's ur setup?
I got a '78 Les Paul Goldtop and a '86 strat which I've done lots of mods to. Use a Line 6 POD straight through the PA. I also use lots of EBow in my stuff - found ways to use it that I haven't heard from others.
When the world falls apart, we guitarists gotta stick together. Right?
PhilosopherEight 3 years ago
well....i have a start affinity with a shitty frontman 15, and i have a well good admira fiest (spanish)but im gonna buy a cort m600 and a takamine eg440 but not sure which to get first. further more i ahev a crybaby something not the cheap one but with cool stuff on it
FenderMan112 3 years ago
OK, then why is US and North Sea oil production declining?
Did dinosaurs once inhabit the earth's core? Weird.
Even if your 'core-a-saurs' existed, does abiotic oil replenish wells FAST ENOUGH TO DO ANY DAMN GOOD?
If it does, WHY ARE USA/NORTH SEA DECLINING?
It's called logic, folks...
PhilosopherEight 3 years ago
hmm lemme think...what else did ur generation leave us..hmmm oh rigth Aids, global warming AND a peak oil(only the question is when)
FenderMan112 3 years ago
Prices are high because oil is bought with dollars, and the dollar has gone down 50% in value since 2002.
labartic 3 years ago
If that's the case then why is oil at record high in euros as well?
cassini83 3 years ago
Yes Finally Someone Smart. good Job. Love the comment.
JoeTube27 3 years ago
WTF... Oil is produced dayly? You've shaken my world appart man :)
ShwangShwing 3 years ago
WTF... Oil is produced dayly? You've shaken my world appart man :)
ShwangShwing 3 years ago
Technology is infinite? Are you a moron or a religious fanatic?
Any problem of reality can be solved by your god, Mighty Technology?
Actually, Technology is dying. According to J. Huebner's 'A possible worldwide trend for declining innovation', published in 'Technological Forecasting and Social Change'; the rate of technological innovations per capita has been declining for about 100 years. US Patents per capita too.
Your god will not save us. If we don't get Fusion soon, game over.
PhilosopherEight 3 years ago
The END is coming.
The stone age is right around the corner.
No combination of any alternatives will save us.
fruitybud420 3 years ago
Population is the issue here. and of course the "american dream"
DanielLeech 3 years ago
Instead of investing trillions in new energy sources we spend it all on war for the last of the oil.When its gone we still have the problem.
NewJerseyPwns 3 years ago
Watch road warrior/mad max movies, thats the future, either that or water world, choose one theres no wrong answer either way it's the future so just saving and stocking up.
darknessravemaster 3 years ago
I hope your right but I doubt it. I'm afraid it is really going to be more like Africa.
slashmaster2 3 years ago
This Peak is a very clever selling tool which allows for gas prices to increase. Hmmm This goes very deep. And they are selling it very cleverly. I just hope they have everyone in mind when they make the choices they make. And I dont mean the crumbs. Its squeezing society and rest assured, its ALL BUSINESS!
DescryHeart 3 years ago
You obviously know nothing about supply and demand. When you have new economies in developing countries in India and China who want oil just as bad as the United States does, all the while production not increasing at the same rate, you're going to get rising gas prices. When we eventually near the end of oil, if we don't change, it's going to set us back at least 500 years.
skankuser 3 years ago 2
Cheap labor is what's keeping it low. Don't get greedy, or we'll have to get greedy as well. That's the game. Or you can go up 300 barrels of oil open the boarders of mexico and canada, offer cheaper labor jobs, and make big profits and keep your government money off the americans here. Then do the same to those countries after you've tapped out your own people. Funny how Europe is peaked too? And North Asia? New World Order? for what reason again?
DescryHeart 3 years ago
The men who make it happen get the wells online, once they're online, prices go up? Gas prices go up? Its time the people learn your game. Increased wages. Nice wages I say. Or drill it yourself. Men have died working in the rough conditions. Conoco doesn't even drill anymore, they have many producing field alone. Deep Water is now an option, just implemented. Lots of oil in deep water. Yo'ure trying to monopolize it.
DescryHeart 3 years ago
Nice.. that means that those of us drilling for it, and the service companies can charge even more per hour. Being away form our families weeks at a time, sacrificing life on the water to get that oil drilled. Nice.. So this means a rases from 11-20 per hour to 100 dollars per hour per man making this happen. Service companies can go up 500% on prices as well. Nice.
DescryHeart 3 years ago
Very nice clip. Got in several facts in only a couple of minutes.
newculture 4 years ago
I am in the oil business and am absolutely awash in oil, and they are drilling multiple new wells everyday.
We have plenty of oil off the coast and in anwar, but it is unable to be obtained. In the meantime, I will continue to live well off of the oil business.
jimmysux 4 years ago
Then you must be aware of the fact that numbers of the IEA and DOE show that the growth of production of conventional oil is stagnating, which contradicts your statement about "being awash in oil".
The non-conventional oil (tar sand, oil shale) of which there is plenty is very expensive to extract and refine.
rspawn 4 years ago
All I know is that in my area, ONE company alone is drilling 24 new wells this quarter.
Also, I tend not to trust the government and any reports it puts out, it isn't known for being accurate.
jimmysux 4 years ago
The international Energy Agency is non-government. The oil industry has been relying on their numbers for decades. If you claim their numbers are wrong it's up to you to prove it.
rspawn 4 years ago
How many well are drilled doesn't say much about how much oil there is.
Try find out the numbers and put it in perspective: daily global oil consumption is 80 million barrels, about 30 billion per year.
rspawn 4 years ago
It could very well be that you are "awash in oil". The world produces 85 million barrels a day. So obviously, genius, a lot of people are awash in oil. But that doesnt change the fact that the vast majority of oil producing regions are in decline. They wouldnt be spending billions of dollars drilling miles below the ocean floor if cheap and easy to extract oil was meeting demand. We need ever increasing consumption in order to grow this ponzi scheme economy. Else, it contracts, as we are seeing.
Iconoclast421 4 years ago
It's because oil futures are that high, it isn't based on supply. Did you know that US refineries this last winter cut back to 10% reserves to drive the price of oil up this winter? Wondering why you aren't seeing the same prices you did last winter on gasoline, despite not a single interuption in supply.
Which brings another point, if oil isnt meeting demand, where has the big shortcoming been?
Oh yeah, nowhere.
jimmysux 4 years ago
the vidieo claims we are only meeting demand with a little to spare. You have made a straw argument. Lives are gonna change soon get on board or get left behind. What you do or don't do to prepare really only matters to you in the long run.
itstakentoo 3 years ago
I'm an agronomist.Here in Brazil, a brent of ethanol costs just US$40.Agriculture will be the source of fuel.
daltonagre 4 years ago
Using agriculture for fuel will cut into already short-falling food production. Biofuel will benefit the rich at the expense of the poor.
rspawn 4 years ago
What's there to speculate? Peak oil is already here. The earth consumes 30 billion barrels per year and discovers 4 billion barrels of oil per year. The remaining barrels are and have been drawn out of reserves for the last 40 yrs. Clearly, the reserves are being drained. Essentially, we are not able to discover oil fast enough to match the increasing rate of oil demand.
milofonbil 4 years ago 3
Peak oil is a fact. Even if there are undiscovered fields, the cost of obtaining the oil will be much higher.
Ron Paul wont like this answer, but I believe the solution is much higher gasoline taxes. If we have to pay $10 a gallon then we will buy more economical cars, And look to alternatives
Death to the Hummer(Sad)
776281 4 years ago
Scary.
shirtlessapprentice 4 years ago
Check out this video:
Crude Impact: Oil Companies and the Environment
GentleGiantAmI 4 years ago
If peak oil is really here why do the auto industry,and oil industry push for less fuel efficient cars,trucks? It's all bullshit to drive prices up and start wars. don't beleive me? The ford model T got 25 mpg. search:toyota eco spirit or Audi A2 or vw Lupo
radicalsam 4 years ago
The oil industry is becoming increasingly inefficient, and soon it will require more energy to get the oil out of the ground than the oil itself will yield. It's already beginning to shave that line. oil driven vehicles manufactured in factories powered by oil driven generators drive oil driven machines to tap the oil and pump it out, then oil powered vehicles transport the crude to a place where oil powered machines purify and separate the oil into its various products.
Etimos 4 years ago
Of a full trailer tanker full of oil, how much of that crude becomes diesel. And how much diesel does the truck that hauled the crude consume over the distance it had to haul the crude. And how much oil do the refineries consume to refine the oil. and once it's refined, how much diesel and gas is consumed transporting all that diesel and gas, not to mention the natural gas and tar and other products it yielded, all being transported and processed using methods that consume more energy from oil.
Etimos 4 years ago
By the time you reach the end of the line, from the fuel consumed searching for, finding, accessing, drilling, tapping, pumping, transporting, refining, transporting, processing, manufacturing, and transporting again, plus all the energy consumed providing creature comforts to the laborers in every single facet of this equation, we are running a very very thin line of efficiency. Peak oil is not the end of the oil supply. Peak oil is when oil begins to consume more energy than it supplies.
Etimos 4 years ago 3
Imgagine - Shake Flashlights.
Imagine an in home device with about 900 of them !! in furace sized device. - Powering 3/4th of all Power in home.
so then
Imagine Going to bed (lights off, TV OFF)
- thanks to sleep hours (900 shaken batteries still shake by a use of simple Back/forth magnatisim between the tubes walls - (when power use is low// a second Battery collect EXCESS energy - SO (100 percent power provided to homes)
voxdevox 4 years ago
This comment has received too many negative votes show
im sorry to inform you, but you sir, are a fucking idiot.
derjew 4 years ago
Everybody gave this guy minuses but he's right.
SweatersDotCom 3 years ago
That would not work. Sorry. What you are describing is a perpetual motion device. You may think that using magnetism (not magnatism) to cause a part of a machine to move back and forth continuously is a new idea, but it isn't. It also doesn't work... you would know that if you had ever seen or held a magnet.
There are thousands of "perpetual motion devices" on YouTube. Almost all of them use magnets. None of them work.
SweatersDotCom 3 years ago
thank you. Atleast I know someone on youtube has an IQ about 100
derjew 3 years ago
above*
derjew 3 years ago
"it: does not exclusively use magnetism.
others natural occurring synthesis is air pressure. (siting one example)
Magn"A"tism is symbiotic on occurrence.
so lead me to these failed examples.
voxdevox 3 years ago
Illuminati exists - and we're not necessarily "followers", but we are, in essense, their "slaves". We're cogs in the wheel, working ourselves to death driving the economy and funding their war spending. They have no concern for the future - if they did, they couldn't indulge in their lust for power. Bush starts a "war" in Iraq, and a huge percentage of our war spending goes into Cheney's pockets. Wake up!
WeRGod 4 years ago
I heard that Al Gore gave .7 percent of his salary to charity. Cheney gives 75%.
GentleGiantAmI 4 years ago
Who did you hear that from
SweatersDotCom 3 years ago
It's the Illuminati that enslaves us to oil and youtube.
jimmi144 4 years ago
good vid
UBCLTScom 4 years ago
the peak oil curve makes sense if the oil market was a free market, which it isn't, it's a cartel. oil companies keep the price as high as possible and their investments as low as possible without harming growth of demand. From a national security perspective it would make sense to drill other peoples oil first if you can do so without impacting the development of your own nations economy and keep your own oil as insurance.
truthseeker83 4 years ago
It could be very true.. On the other hand there are at the moment around 2.5 billion people coming out of poverty (India and China combined), so they all have the chance to buy and drive cars (oil consuming) and buy goods (oil consuming).. This means the demand for oil is increasing significantly and therefore I start to wander: do we really hit peak oil?!?
bramcorleone 4 years ago
We've been capping good wells all over Texas sense the late seventies.I have first hand knowledge of this.The oil company's anticipated this and have stood quietly by while steadily turning off the spicket.I have no doubt oil is becoming increasingly hard to get to but this is BS.
slimjim006 4 years ago
I'd be interested to know how you have "first hand" knowledge of this. Even if every good well in Texas was capped before it ran out, however, how much difference would this really make? After all, Texas is no Saudi Arabia. Everyone who still has a good well ten years from now will probably make a lot of money, but it's not going to make much difference in terms of the end of oil in general.
Geoff31858 4 years ago
So that makes oil dependency a good thing?
YouPrick 4 years ago
this is about how oil is becoming increasingly hard to get, not to say that it's disappearing entirely. The harder it is to pump the oil out of the ground, the more energy it requires, the less efficient the process, the more it costs per barrel. Back in the 30s you'd breach a well and it would just burst out. Now you have to pump it out using increasing amounts of energy and millions of gallons of water.
Etimos 4 years ago
With your mention of Diesel- Diesel engines can be run on vegetable oil such as sunflower or rapeseed. This is because they work by compressing fuel rather than exploding it (like in a petrol gasoline engine)
There is also a hydrogen engine developed by mercedes (if my memory serves me correctly). It works by extracting hydrogen from the water particles in the air, and as far as i know this is the only precondition it requires to operate.
RuggedLike 4 years ago
Hydrogen may not be the solution, at least yet. Today production of hydrogen for fuel cells of combustion is produced using fossil fuels, so hydrogen is just a different way of delivering energy, it is not a new source.
Usirnaym 4 years ago
The NWO illuminati keep free energy from the masses to keep us enslaved to oil,youtube Nikola Tesla free energy or water car
The illuminati bankers started communism,ww1,ww2,the french revolution,they keep some countrys poor and flood others with mass immigration,divide and rule is how they work
btw
click on my user name
Learn about THE NEW WORLD ORDER
z777z 4 years ago
The thing is, you can't prove that Illuminati or such thing as an New World Order exists, I'm not saying it isn't possible I'm just saying why believe something that you've never had confirmed? It's like believing in God and religions. Infact this NWO thing sounds to me like some kind of religion, Illuminati are God and we, the followers are their slaves or something.
revolutionary1911 4 years ago
petro dollars doesn't mean what you think it does. The term petro dollars refers to when an oil producing country borrows money and agrees to pay the lending country back in petroleum. Basically the country puts up oil as collaterral on a loan.
weonk 4 years ago
peak oil... an idea SUPPORTED by the oil companies!
WATCH "artificial scarcity - Greg Palast"
OPEC wants more money!
splintercell99 4 years ago
That's not the same thing artificial scarcity talks about how they hold back suppply to drive up demand and prices. creating artificial scarcity. OPec refuses to admit that oil is running out because if people thought or knew that they would search for alternatives and OPEC, exxon etc would be replaced by another resource. Most likely electricity (poor EV1)
weonk 4 years ago
but that's true regardless of whether peak oil is real or not. Chavez says Venezuelas oil won't run out for 200 years. also peak oil would create a collapse of the global economy and probably ww3. would seem that the heads of states would have planned a head and talked about it more openly.
truthseeker83 4 years ago
The solution to global heating is so easy, burn up all our oil resources ;)
Targaeryen 4 years ago
For complete look at the topic rent "A Crude Awakening" from Netflix or buy the DVD from Docurama.
OilCrash 4 years ago
Get your V-8 Interceptors Ready.
steadydecline 4 years ago
Trading in Euros, Dollars, Yuans, Pesos or run barrels wont make a difference. The price is not determined by the currency used in trade since oil is traded on an international market.
Favel22 4 years ago
blowing up pipelines in the future wars over this substance will surely slow down it's production too.
And if America is forced to buy oil in Euro's someday, it would mean that gasoline would be twice as exspensive as it is now. right?
mjimih 4 years ago
yes it does!
gheewiz 4 years ago