Peak Oil

The energy and climate crises have come to a head in oil country. What does survival in the 21st century mean for people in Alberta, Canada?

Category:

Entertainment

Tags:

• peak
• oil
• sands
• alberta
• canada
• future
• 2018
• media
• tv
• show
• development
• supply
• demand
• economics
• great
• depression
• collapse

[Cleisthenis]

The OPEC crisis in the early 70's and subsequent economic downturn also had the effect of hiding the fact that US domestic crude production had peaked. Globally we're already over the peak. Because of the recession demand has dropped. Oil is traded on the futures commodities markets months and years ahead. Since things are going to get a lot worse before they get better, don't expect Oil to bounce back until later this year. If you think PO is just about the $/barrel you are sadly mistaken.

[kentucy9999]

I was on Wikepedia today re: oil sands. 18-22 out of the pit but overall cost is 36-40 barrel when refining is taken into consideration. For all the "doom and gloom" people. There have been challenges to the human race for hundreds of years which have been overcome.......many alot stiffer than "peak oil." I'll sleep well tonite. Least of my worries. Ever hear of technology?

[Cleisthenis]

Oil sands here in Alberta will never reach more than 5 mbpd. Tripling the current level three times to 3 mbpd is unsustainable and impractical given current lack of infrastructure and strains on fresh water and natural gas supplies.

We might be able to do 2-3 over a period of several decades or more, but it is a drop in a bucket to the projected demand of over 120 mbpd in 15 to 20 years of business as usual.

Sleep ignorant,

Sleep tight.

[kentucy9999]

Ignorant of what? We'll adapt...........I'm not worried if we don't. Nothing you or I can do about it dipsh*t. Who cares? What are you gonna do about it?

[Cleisthenis]

Ignorant if you think that technology will save us from the potentially disastrous consequences of this. What can we do? Beyond being a prepared for the impacts in advance, and even just having knowledge and foresight, spreading the awareness and getting your local government to act and prepare as well is important.

[boomeros]

it's working out just fine. $70 to $80 per barrel isn't too bad considering how much money the Americans have printed in the past year.

[trevdogg100]

oil is up to almost 80$ a barrel. How is that smug satisfaction thing working out for you now?

[boomeros]

Oil is down to $40 per barrel and sometimes under... how is that peak oil thing working out for you all now?

[beaumec242]

we are going to die so that 's great

[OnlyOneUmmah]

The NWO can go **** itself! Wake up!

[falkminuteman]

lies lies and lies

oil is the democracy killer

no one is driving the car as they used to look at the aaa report

they want to wipe out the middle class

dictatorship in on the rise

fuck the new world order