The Middle East, & The Impending Oil Crisis

World oil discovery and production has peaked, our way of life is coming to an end if we do not solve the problem of our dependency on fossil fuels.. Our civilization as we know it is at stake.

Category:

News & Politics

Tags:

• 911
• iraq
• bush
• usa
• stewart
• oil
• arab
• neocon
• alqaeda
• iraqi

[fuckyutakaozakioff]

Imagine a world without oil.No gasoline,no plastic,no medicine: a crisis of biblical proportions.But for some geologists,the coming oil crisis will begin not when the last drop has been consumed,but when world oil production reaches its peak and starts declining.When this occurs,prices will skyrocket,unless demand somehow miraculously declines as well.I'm pessimistic about this problem.

[knolselder666]

who needs oil? My car runs on diesel !

[grig24x]

@123benthere that's because Obama cannot walk over his talk. There is no point building solar energy. It will just make someone rich. It's not like the money will go to your wallet? Government is corrupted because all of the career politician are good speakers and selfish without common sense. Think about all of the young stupid people will governor this country...

[123BenThere]

The human race needs to start lining deserts with solar panels, covering grasslands in wind turbines, and growing massive amounts of industrial hemp that can easily be made into fuel that can power automobiles (hemp only takes 6 months to grow). The only problem with this is that oil companies run the world and would hate to see that happen because there would be no profit for them...not to mention governments feed off the wealth of oil companies. What a fucked up world.

[blkhat117]

This is happening NOW! The 2008 oil price high was a warning now its going back to 140 even higher this time around look out for what's going to happen in Iran next year

[divinepower123]

great video



[mollytherealdeal]

@gergar121 In 2008, the US Geological Survey estimates there are about 90 billion barrels of oil in the Arctic, much less than all the Middle East put together. That oil is much more expensive to produce than what it costs in Iraq. Deep water oil rig cost about $500 million each in the Gulf of Mexico, and Arctic oil rigs probably will cost more than that. North Pole petroleum is not going to perpetuate the suburban lifestyle.

[gergar121]

@dqgates I hear the north pole has lots of oil and i mean more than the middleeast put together.

[daarkside]

@KimIsIll the question is, HOW MANY oil will be here forever?