Global Economic Crisis, Peak Oil, Abiotic Oil, Carbon Taxes, Money creation, Gold standard

[WTCnucleardemolition]

Google "Quadri-Track ZCT"

[icurhuman2]

According to the I.E.A. the peak in conventional oil occurred in 2006. There isn't a geologist on the planet that believes in abiotic oil (unless they were educated in Utah, in which case they're NOT employed by an oil company). Most OPEC nations have passed peak production and Russia (a non-OPEC producer) is now the world's biggest exporter of oil. Nations that rely on a 2,000 mile food supply chain will be in serious trouble. America is doomed.

[DownhillAllTheWay]

@gigantopithecus01 "How many kids do YOU have"

I have 497 children. Does that mean that there are NOT too many people on Earth?

It wouldn't make any difference to the underlying fact if I were personally responsible for the entire Western population.

FACT: The Earth can only support a certain population of humans, and if we continue to tripple our numbers during an average lifetime, it won't be long before there will be wars over resources.

[hitssquad]

@DownhillAllTheWay "FACT: The Earth can only support a certain population of humans"

How many is that?

.

"and if we continue to tripple our numbers during an average lifetime"

Is that occurring now? The current world population is 6.9 billion. It is expected to peak mid- to late- century at around 9 billion: en. wikipedia. org/wiki/World_population

That would only be 30% growth.

[Knossos22]

@hitssquad

Human population to pass 7 Billion on October 31.

Total population expected to exceed 10 Billion before finding a plateau. This, of course, assumes business as usual can continue unabated. Business as usual is a highly specious assumption.

[hitssquad]

@Knossos22 "Human population to pass 7 Billion on October 31."

...Or July 2012: en. wikipedia. org/wiki/World_population "The "Day of 7 Billion" has been targeted by the United States Census Bureau to be in July 2012,[13]"

.

"Total population expected to exceed 10 Billion"

And that's triple the current population of 6.9-7.0 billion?

.

"Business as usual is a highly specious assumption."

How so?

[Knossos22]

@hitssquad On the issue of population growth and future projection. This was in the news recently:

By Patrick Worsnip

UNITED NATIONS | Tue May 3, 2011 4:23pm EDT

"(Reuters) - The world's population is projected to pass 7 billion on October 31 as it heads toward 10 billion or more by the end of the century, a new U.N. report said on Tuesday."

"by mid-century... reaching 9.31 billion instead of 9.15 billion. It attributed this to fewer deaths as well as more births than it had anticipated."

[Knossos22]

@hitssquad You wrote: "and if we continue to tripple our numbers during an average lifetime"

"Is that occurring now?"

From 1960 to present the population has increased from 2 Billion to 7 Billion (shortly)... So, unless you want to quibble, the answer is yes. If you want to quibble, then no.

It is easy to double the population from 29 to 58 on an island of 128 sq. miles. However, increasing from 2,000 to 7,000 became impossible to sustain. The population crashed to zero in a couple years.

[hitssquad]

@Knossos22 "From 1960 to present the population has increased from 2 Billion"

The population was 3 billion in 1960: en. wikipedia. org/wiki/World_population

7/3 is only 2.3. The population's annual growth-rate peaked at 2.19% in 1963. It's half that today (1.092%; CIA World Factbook), so even if the current growth-rate persisted (and it's actually been dropping since 1963) it would take another 64 years for the population to merely double, and more than a century for it to triple.

[hitssquad]

@Knossos22 "on an island of 128 sq. miles."

Which island was that?

.

"The population crashed to zero in a couple years."

Did that island have these four factors, essential for the Birth of Plenty, sufficiently fast and efficient?: efficientfrontier. com/ef/404/CH1. HTM

• Property rights

• Scientific rationalism

• Capital markets

• Transport and communication

[Knossos22]

@hitssquad

29 Reindeer were introduced on St. Matthew Island in 1944 (as an emergency back-up food supply). Coast Guard men left the island. The population expanded over the following years to 6,000 animals in 1963 - an increase nearly 21 times. Winter food was supplied by lichens. An exhausted food supply and harsh winter took the population down to 42 in 1966 (1 male and 41 females). The population then declined to zero.

[Knossos22]

@hitssquad

Property rights will be meaningless in the LA basin of 17.7 million people if there is no fuel to move food (i.e. all cities will be die-off traps in a collapse scenario.)

Scientific Rationalism? Thanks for the laugh! Someone is living in a fantasy world!

Capital markets? Are you kidding? Wall Street is a fucking Casino!

Transportation??? Why do you think Buffet bought Burlington Northern?

50 million people are about to leave the roads in North America.

[Knossos22]

@hitssquad

Yes, sorry MY BAD! Typo. Around: 1927 - 1930 population crossed 2 Billion.

His 130 million / year statement is incorrect. Should be ~ 83 million per year... But population HAS tripled in a lifetime.

[hitssquad]

@Knossos22 "29 Reindeer were introduced on St. Matthew Island in 1944"

You're saying humans are reindeer?

.

"Should be ~ 83 million per year"

World population currently grows by 75 million per year (1.092% of 6.9 billion). At that rate, the next billion would take 13.33 years. However, since the growth-rate is actually dropping, the 8-billion mark isn't expected to be reached until 2025-2030: en. wikipedia. org/wiki/World_population

...and world population is expected to peak at 9 billion.

[hitssquad]

@Knossos22 "But population HAS tripled in a lifetime."

That wasn't contested. What I asked was: "Is that occurring now?"

Remember?

.

Well? Is it occurring now? The current annual growth rate of 1.092%, even if it were to be sustained -- which would be unusual since the annual growth rate has been dropping since 1963 -- would imply a tripling period of 102 years. If and when the annual growth rate drops to 1.000%, that will imply a tripling period of 111 years.

[hitssquad]

@Knossos22 "Property rights will be meaningless [...] if there is no fuel"

That's right. That's why energy is considered the Master Resource: masterresource. org/2009/07/energy-as-the-mast­er-resource-where-left-right-a­nd-center-agree

.

Should we expect that there will imminently be no fuel?

[Knossos22]

@hitssquad

Just reread your comments. You read like a broken record sounds. BORING! All the same crap over and over. You do not go anywhere. You think that because the rate of increase in population has decline a little that everything is or will be fine. Instead of seeing the consequence of continual growth you nit-pick about the statement being no longer true and imply that everything is or will be fine.

[Knossos22]

@hitssquad

Will the future be determined by whether we cross 7,000,000,000 on Oct 31 or the following July? Will it matter in the least? Does it matter if the population peaks at 9,000,000,000 or 10,000,000,000? I don't think we will ever see population above 8 billion.

"You're saying humans are reindeer?" Yeah, we ARE the reindeer!

Don't you understand what a metaphor Is?

Are you a teabagger or a republi-con?

[hitssquad]

@Knossos22 "You think that because the rate of increase in population has decline a little that everything is or will be fine"

Why are you dodging the question?: "Should we expect that there will imminently be no fuel?"

.

"we ARE the reindeer"

That's not a very apt metaphor, given that -- unlike reindeer -- humans can possess private-property, engage in trade and create more resources than they consume. What would prevent a human population of a trillion from living on Earth for a million years?

[Knossos22]

@hitssquad

Oh my! 

Are you really this ignorant?

[Knossos22]

@hitssquad

Oh my!

What is it with you infinite growth people? Is it that you are ignorant, completely lack prescient abilities, or just insist on believing anything you want despite the facts?

No! There will not "imminently be no fuel!" And that is also not the problem with peak oil. It is also not the the peak oil argument. At this rate civilization will collapse before you understand the danger of peak oil is. Your libertarian world view is pathetically naive.

[Knossos22]

@hitssquad

Oh my!

MasterResource / Robert L. Bradley, Jr.

"Rob Bradley’s interest in energy began when he prepared a study on the oil-reseller boom for a Houston bank in 1980. This investigation into the interplay of business and 1970s oil price and allocation regulation led him to apply for a grant from the Cato Institute..."

[Knossos22]

Oh my!

The Cato Institute is a libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Edward H. Crane, who remains president and CEO, and Charles Koch, chairman of the board and chief executive officer of the conglomerate Koch Industries, Inc.

Scum Bags all!

Grow up and use some real sources not this clap-trap from the Peak -oil / Climate-change denial machine!

You are a waste of time!

[Knossos22]

@hitssquad

are you funded by Cato or the Koch brothers? Are you part of the denial machine buying up the US government through the supreme court 5/4 decisions?

You people are serious monsters. 85% of stocks in the US are held by 1% of the population. Corporation USA is Of, For, and By the 1% the rest of us are just indencher servants / slaves. Or are you blinded by your world view? Capitalism is a failure!

I'm looking forward to a French style revolution. Let the head rolling begin!

[walter0bz]

If oil was aboitic we wouldn't need to drill, we'd just use it at the rate it seeps out of the surface naturally.

It is being constantly formed but on our timescales, it's negligably slow.

You wouldn't expect a coal mine to replenish..

[yarco8000]

I've got an idea: All you guys who believe in abiotic oil should all get together and start your own oil company. You'll save the world from energy shortages and become the richest people in on Earth! ...or maybe you'll just find out it's a bullshit theory.

[SustenanceNCovering]

@yarco8000 I'm hearing you.

[zeropointpower]

Very annoying start to video. Lost my attention.

[busbee85]

There is no peak oil, oil it is a by product of Earths activity in the mantle

[DownhillAllTheWay]

The underlying reason is exploding population. When there were 300 people on the earth, and it trippled to 900, there was no problem, but the Earth's resources are already starting to creak, and the population is still increasing rapidly. Surely it is clear to any thinking person that it can't be sustained indefinitely. Global warming, resource depletion, etc are due to too many humans.

And so far, there is only one country on Earth that has done anything about it (China's one-child policy)

[gigantopithecus01]

@DownhillAllTheWay How many kids do YOU have?

[ImyManz99]

LOL, this guy sounds like Borat.

[boundtogetdown]

"theres no such thing as free cheese"

THERES NO SUCH THING AS FREE FREAKN CHEESE PEOPLE!!!!!

WRITE IT BACKWARDS ON YOUR FOREHEAD

[soulharvest2012]

Not bad. But there is no such thing as abiotic oil. Only PO deniers place hope in that. Also the Kubler-Ross scale has five stages. Not so sure about that 6th stage called Hope. I believe it would be better to define such a sixth stage as action and not hope.

[TheCZMan]

Ummmmm. Abiotic/biotic oils debate is irrelevant to peak oil. Peak oil is about flow rate, not about the origin of oil.

If oil origin was totally abiotic, peak oil would still be in the boxes.

Peak oil is about the peak of oil extraction, not about oil reserves. It is a story of flow rate, not left volume.

[SustenanceNCovering]

@TheCZMan Good Explination

[Knossos22]

@TheCZMan It is astonishing that almost no one understand that peak oil is only about the flow rate! It is such a simple idea and has been observed hundreds of thousands of times. The US has something like 450 thousand stripper wells running right now. There are dead oil fields all over the place, like Ghost Towns of the old west... How many times will we repeat boom-bust scenarios? Until we have run out of resources to rape from the earth? And some argue about Scientific Rationalism! Fantasy!

[valereydyachuk]

My dear Russian friend, you should know by now that Glen Beck is a disinformation agent, you should know this as the KGB used to have a disinformation department. The figures that Beck is using in his graph are BOGUS. First, the money supply WAS expanded right after the Federal Reserve was established, it was expanded greatly during the wars and the bailout money today hasn't been monetized yet (meaning that it hasn't been put into circulation yet, hence the deflation we have now).

[bluzy25]

stats dont lie!

[valereydyachuk]

Do you want me to provide to you evidence that peak oil is a scam?

[anyhoo55]

Methane is universal, even below the ocean, and is a source of energy. Methane & oil are natural by-products of our earth. C'mon guys, the 'fossil fuel' idea is an out-dated theory being used by our politicians to scare us into thinking we must get off oil. The Russians have known since the 50's about abiotic oil and are using it to their advantage, while we fret about 'saving the earth' & suffer roller coaster fuel prices. Obama has connections to the carbon credit industry, same as Gore.

[valereydyachuk]

Right on, friend. I happen to be Eastern European and do remember that the Russians have printed an article once in one of their newspapers/magazines that they have technology that drills down 8 miles and they can hit oil anywhere in the world. Russia now produces as much oil, if not more, than Saudi Arabia and Kuwait.

[tedsmith45]

Peak oil is a farce. Oil isn't a fossil fuel. Russians have found the deeper they drill the more oil they have found. They also discovered long abandoned wells have refilled. Google "The Energy Non-Crisis"

[valereydyachuk]

Woohoo, people are finally waking up. I'm in total agreement with you.

[bluzy25]

yes provide me with proof!

[bluzy25]

the world is finite, we will run out of oil!

[danyalos]

Just imagine that what you say is tru, and we are plenty of oil. How long until the poles get melted and the oceans cover us all because of warming? Maybe we are lucky and die first breathing carbon dioxide!!

[hablerz]

@danyalos Global warming/cooling happens naturally in cycles for millions of years. Volcanoes create as much air pollution as man ever has.

[walter0bz]

@hablerz - The sun has been getting hotter over billions of years, +30% since life started. this is central to gaia theory.

Originally, C02 levels were much higher. As sun warmed, life evolved to store carbon to keep earth habitable.

(creatures which increased c02 caused other extinctions,lost their food so went extinct themselves, wheras creatures who decreased c02 made food flourish, so they flourished)

Earth will sort itself out, issue is how much misery WE are in for..

[romeoneverdies]

@walter0bz there is no doubt about global warming but the whole argument was if it was man made or not . my question to you is how much co, co2 and sulfur a volcano pitches in the air when it erupts compared to the whole human population's co2 production ( annual or whatever ) i don't argue that we are producing lots of ground level pollution but how much co2 is produce in relation to nature how much co2 tree produce or plants produce?

[walter0bz]

@romeoneverdies

>>"my question to you is how much co, co2 and sulfur a volcano pitches in the air when it erupts compared to the whole human population's co2 production"

- Human effort is like a supervolcano ( add up 200 years worth)?

- the issue is: earth continually cycles organic matter: fossil-fuel formation is part of an equilibrium locking C away to keep atmos C02 down.We reversed that. (along with calcium carbonate from shells.. eg cliffs of dover)

[walter0bz]

@romeoneverdies -

read the gaia books by james lovelock.

If the idea of deliberate atmospheric equilibrium sounds far fetched, bear in mind Oxygen is un-natural (too reactive), it is actively maintained by life, just right % (higher=more forest fires, less= ...). same with C02.

The biosphere evolved regulation: if new species produces damage, it causes wave of extinctions, kills off food supply, & goes extinct; else if it recycles/maintains, it's food flourishes & so does it.

Which are we...

[walter0bz]

@romeoneverdies -

but MMGW is a moot point. Fossil-Fuel depletion will kill off the overpopulation dependant on it for survival sooner, and with greater certainty.

Governments emphasize MMGW because (i) less panic compared to stating above truth, (ii) gives more excuse for state-control over the last of the oil.

[mattmatt115]

@danyalos Hey! Did you know you can design structures that will actually displace water and.... get this! FLOAT! fuck me eh!

[mikfax]

if i owned all the food in the world and told you that i had none would you not be hungry if i was lying. So the only decision and hope before us as individuals is to either to subscribe to faith in a collective consciousness of human beings evolving ala socialism(heaven on earth), or to subscribe to faith in a supreme being ala heaven in the spiritual sense. or subscribe to defeatism and maintain your sense of apathy and greed for as long as your consciousness allows.

[mikfax]

Abiotic vs Peak, Warming vs cooling. These arguments are distractions and irrelevant when the people in control of commodity prices, control of taxation (inflation) through the control of money creation are standing at the tap.

[valereydyachuk]

In total agreement with you, too.

[Bernd1964]

The abiotic oil theory is ridiculous because energy can't be created out of nothing. Every known oil well has a characteristic bell-shaped production profile. There was never ever an oil well replenished after it had reached its production phase. Besides that today's civilization uses huge amounts of oil every day. It took millions of years to create this oil in the earth's crust. We're just a mayfly if you compare the whole lifespan of mankind with those geologic events which created petroleum.

[valereydyachuk]

I'm assuming you were these to witness those geologic events which supposedly created petroleum? Millions of year to create this oil in the earth's crust? Have you even thought what the word abiotic means?

[Bernd1964]

I studied organic and inorganic chemistry so I think I have quite a good understanding how matter works. The abiotic oil theory (aot) is of course very comfortable for those who like to live in a world without depleting resources. To make the aot even more comfortable, supporters assert that oil would be replenished just as fast as we suck it up. This is ideal-typical wishful thinking which is not congruent with reality and could originate from Pippi Longstocking. Depleted oil wells are dead.

[hablerz]

@Bernd1964 If you have studied chemistry you will know that at amazing pressures and temperature even carbon can become diamond. I believe oil has been made in the laboratory at high pressures to confirm what happens in nature.

[jmallton]

Peak oil is not a scam.....remember....these scientist are not saying we are running out of oil...they are saying most of the easily obtainable high grade oil is almost gone ......and what is remaining is difficult to obtain......like the sand oil in Alberta Canada.....because of this production will lag way behind demand.....It is a real phenomenon....listen to some of the men who made their money in oil like T Boone Pickens.....He explains it very well

[parasitesarefunny]

@Bernd1964

Fool and dupe you are. Animals have been found at 16,000 feet deep, NOT 30,000 feet down like some oil wells. Furthermore, we have already used all the oil available from decayed life. I bet you still believe in Global Warming, 9/11 or the bullshit Holocaust Hoax. Fool and dupe you are. Oh well, the world runs on the ignorance of sheeple.

[hablerz]

@parasitesarefunny Holocaust hoax ? Id like to hear your theories on that one.

[hotforass]

@Bernd1964 how do you explain the gas that comes from your arse