Crash Course: Chapter 17a - Peak Oil (2 of 2) by Chris Martenson

[MrPentatonicScale]

chinese lunch special was 350 5 years ago, now its 590... what the fuck are we gunna do?

[bayleybomber]

gas hungry americans be like fidel castro man can do just fine with on horse. or having no fuel at all. does'nt helium 3 or moon rock have60 times the energy as coal?

[bayleybomber]

i have not owned a car in 2 years but i have owned about 6 cars and i am only 21. ha ha lol

[AngeliqueEU]

# 10 True ... never thought of that before ... everybody (well almost) is a King or Queen in the Western world. having enough food, able to shop for it ... get it the easy way, having a car ... and can go on holliday to other places even countries.

[AngeliqueEU]

GAS (un1203) a liter today € 1.67 Netherlands

Do the math ... Gallon / $

And it is still rising ... also Light/electra/warmth ... and FOOD

[AngeliqueEU]

@AngeliqueEU ...

The 'next' 20 years allready have begun!!!

[taxigringo]

The stats are faulty. The idea he is presenting is worthwhile, but the stats are significantly off.

[mdg583]

1 gallon of gas = $7500. Gas is WAY underpriced, and we ought to put taxes on it, etc. so that we use it accordingly.

[paris466]

Just so happens... 2010 was the first year EVER that demand outpaced supply. We had to cut into our above ground reserves to keep pace.

[ChiLLaXN1337]

i think oil companies want the polar ice caps to melt because then we can have about 2-10 more years of oil

[Standuble]

@ChiLLaXN1337 That would be just like them, diminshing the chances of humanity having a future through rising sea levels just so they can get two worthless years of oil out of the world before they go bankrupt.

[catflab]

thumbs up if you tried to wipe off a smudge on the bottom left of your LCD

[Apeiron242]

This is by far the most harrowing vid in this series, for me at least.

[Jesusizjdoe]

But you have to add in a few unseen factors! for this I recomended a publication :- SOIL AND SOUL ! But nice obsevation.

[Jesusizjdoe]

Drieck@ YES

[Jesusizjdoe]

Umm this should be played in every school

[stantonmick]

I have to admit, this is where the numbers start to become questionable. For one, it omits the US National Strategic reserve, and basically implies that within a few years all oil will be gone. Secondly, there is the assumption that prices are correlative to the supply problems and doesn't not take into account futures speculation as a price spiker, which is, of course a reaction to considering an unlimited expanding economy prior to the world economic crisis of 2008-present

[Drieick]

I have a problem with the Export Land Model. It makes sense, but aren't exports NOT consumed by the country that makes them? Exports are made in a country and shipped to another? So, a country that exports a good doesn't consume it.

[1ceC0ldKill4]

@Drieick Let's say, you have a liter of water, you drink some 200ml of it (aka you consume), some 100ml vaporize (aka drop of production/reserve) you have 700ml left to aid your family with. Then, you start to drink some more water, let's say 300ml, and 150ml vaporize, yet, your family want's more water, just like you, but soon you won't be able to give them any water, because it's gone. In other words, you can't export anymore. His model makes perfect sense.

[Standuble]

@Drieick They do consume the export in the vast majority of cases, they just export the surplus. They have their own needs to attend to, if production goes low enough they stop exporting which has deeper trade consequences.

[realjoefriday]

Can you cite where you get the number of 500 hours of hard labor for one gallon of gasoline? I'm finding that one hard to believe. If you idled a car at a very low speed to maximize distance traveled on flat, level ground, I would believe that you could make it 60 miles in a fuel-efficient car on one gallon. I don't believe it would take 500 hours to push it back. 50 maybe? You're still off by a factor of 10.

[philnoll]

@realjoefriday It seems like a shotty figure. But then lets remember that if there's any hills to go up, it would become literally impossible for one person to push. It would take an inordinate amount of manpower to push a car a mile even on a very slight incline. Of course a pulley system would make it easier. But I do wonder how he came up with the estimate of 500 hours.

[leofrankfurter]

Damm I needs to get me hundreds of slaves.

[sandcut1]

@leofrankfurter hundreds of slaves or couple barrels of oil, same thing in the end.

[florgat91]

this is myth - there is plenty of oil left in Alaska !

[ALP5050]

You are fucking stupid.

[steadydecline]

I don't use oil. I use pixie dust.

[freepress666]

now you can see the reason for the Georgia guild stones, if you take worlds population down to 500,000,000 then demand goes down wait i didn't put those stones up there I'm telling what they say, google them for yourself and read your future

[quuaa1]

There's new options for turning biomass into ethanol, which could take a chunk of the petroleum usage. Research has long been done on Fusion, one person in B.C (Canada) has even made a working model in his garage. Whether there's any truth to it, I can't say, but if it does work out, electricity could be a new energy source. Also, given that most of the electricity produced doesn't make it to consumer (losses) if someone made a near perfect transmission method, we'd have a LOT more energy.

[bdist]

There isn't enough landmass available to grow both bio fuels & food. Biofuels are not the answer & never will be.

Fusion currently consumes more energy than it produces. It might become viable in the future, but it is not an option in the coming 10-20 years were we really need it.

The losses in transmission is a lot less than what we need to replace oil, that is, even with perfect transmission we still wouldn't have enough electricity.

Best option right now = DRASTIC reduction in usage, today

[quuaa1]

What about second generation ethanol? Ethanol from garbage or otherwise any biomass? Fusion obviously isn't a viable option today, but eventually if someone does make it work then it would be an impressive energy source.

BTW, if foreign dictators are the reason you don't like oil. Buy your oil from us (Canada) we have all the oil you could ever need!!

[bdist]

Hi quuaa1, even second gen ethanol is a very poor substitute for oil.

I know where Canada get it's oil from - tar sands. Oil stored under your borreal forest, one of the last three in the world. You replace the forest with toxic waste lakes and party on. Horrible.

Even if you would take all the oil out of the ground and lay waste to all of your wildlife & pristine nature the amount of oil you can bring to market is but a drop in the bucket.

It cannot offset the inevitable production decline.

[quuaa1]

I don't see how second generation ethanol is a poor substitute. It makes all the sense in the world to me, garbage in, ethanol out, the limit is not how much garbage there is, but how much ethanol they can process at a time. That's when the industry would expand. I don't know where you get your information from, but the trees we remove in most cases just get transplanted to recovered areas. I've personally seen areas that have been mined out, and have been restored, they look fine.

[bdist]

It is a poor substitute because yes - it is limited by the amount of garbage! And all other sources of bio material that you can make ethanol from. The amount of energy in oil is simply incredible. The energy return on energy invested on ethanol is low. It is getting lower for oil as well. It's quite poor in tar sands fxp.

[quuaa1]

Last thing, again, I don't know where you heard that, but we have 1.7 - 2.5 Trillion (with a "Tee") barrels of oil. We have more oil here than in all of the middle east. "Drop in the bucket"?!?

[bdist]

Have you ever thought of the rate it can be extracted? Thought about how much energy is used to get it out of the ground and make fuel out of it? Read up on ERoEI. Your governement is giving tax incentives to the oil business...

With todays technologies & oil price only 10% of the deposits are recoverable = 0.17 to 0.25 Trillion. Which the world would use up in 4 - 7 years if Canada was the sole supplier.

[quuaa1]

There's technology out there which separates the oil from the sand in the ground, and all they need to do is pipe it back to the plant. Other technology is in development, which is basically a massive machine that mines the tar sand out, separates the sand from the bitumen, pipes the oil back to plant site and dumps the sand behind. It's still in the experimental stages and they're working out bugs right now. The Chinese are conducting R&D on some new technology which I hear is pretty impressive

[quuaa1]

There's also more R&D on new forms of underground mining, to access the oil buried deep underground, to have machines essentially tunnelling to get at the stuff buried deep underground. The people making these decisions don't think of it as energy consumed to energy produced. They're more concerned with cost/benefit. If it's not profitable, they wouldn't be doing it. They're also concerned about the quantity of goods they can recover and export, that's why massive machines are used, more oil.

[Greyshark09]

quuaa1, there are some issues i would like to underline:

1. ethanol is not a good substitute due to poor energy yield of the fermentation process, meaning that you would get quite little energy at the end as ethanol from large biomass. In this sense biodiesel is a much better solution, but also not ideal since it consumes ethanol in some quantity.

2. As pointed before - tar sands, while containing huge amounts of world oil, are very expensive to extract and not profitable below 100$ a barell.

[quuaa1]

Did you actually do some research into SECOND generation ethanol? Look it up then tell me I'm wrong. Tar sands are actually profitable down to $40/barrel. Then below that they start losing money. Syncrude raked in a $17 Billion profit last quarter.

[kikrlbs]

@Greyshark09 I agree, you need to heat water in order to extract it, where do you get the energy to heat that water?OIL! these fucking dumbasses just cannot admit that their entire life is based on false numbers, statistics, and etc. People are so closed minded, they need to create a false mental solace from going insane, how pathetic.

[ChrisMartensondotcom]

Please try again.  It seems to be working fine now! :)

[TheAttackRat]

@ChrisMartensondotcom seriously. thank you so much for these videos.

i will spread them like wild fire... i've been following the economy, and i read many books on austrian economics / libertarian theory and can say this is the most apt explanation of the economy so far as i've seen.

[TheJUNGLESURFER]

@TheAttackRat i agree

[UnderseaCaveman]

66% of petroleum goes into light trucks and small vehicles....

20% goes into food production...

This implies a great deal of light truck and small vehicle use (plus heavy trucks and aviation......absurd but true) is used to transport FOOD!