Oil Spill News Update - The Beverly Hillbillies are Over - Youre not interested? Well, youd better be...
Have you ever heard of Peak Oil? Peak Oil is the point when global oil production maxes out. When this occurs, oil production will continue to decrease at an unknown rate - it won't be long before the world runs out of oil. Every part of your life is affected by oil. Once we hit the peak, the demand for oil will always be greater than the supply. This will cause prices to skyrocket, which in turn will cause economies to nosedive. We are entering this period now.
Oil accounts for 95% of global energy used for transportation. The food we buy at the grocery store is highly dependent on fossil fuels—modern agriculture uses roughly 10 calories of fossil energy to produce 1 calorie of food energy. In the US, the average supermarket item travels 1,500 miles to reach your shelf. In Canada, the distance is significantly higher. Non-food goods usually come from even further away, shipped or flown to the US from Asia. We rely on hundreds of petroleum-based products in our daily lives, including plastics, clothing, disposable diapers, medicines, appliances, shoes, toys, computers, cars, and building materials. Housing purchases, job choices, vehicle selection, and many other facets of daily living have been predicated on the continued availability and cheapness of oil and its derivatives.Ever-increasing fuel prices will lead to increased prices in other goods and services, most of which include petroleum among their input costs. At the same time consumers are seeing the equity in their homes vanish, especially for houses that require long-distance commutes to get to work or stores. Low-fuel-economy vehicles are becoming unaffordable to fill up and suddenly have poor resale value, limiting any desire to trade in for a more fuel-efficient car. Wages are stagnating, layoffs are rising, and good jobs are becoming scarcer. Prices for the basics of daily living are spiraling upward steeply (in spite of the laughably low inflation numbers presented in the government's Consumer Price Index). Consumers are getting squeezed from all directions—but oil is the one theme running through all of it.
If you don't understand the situation we're facing then, buckle up, you're in for a bumpty-slick ride!!!
Peak Oil in 2006 - This is all in data, no forecasting...Read 'The Olduvai Theory' by Richard C. Duncan as well as The 'Hubbert peak Theory' - Research for yourself...
WORLD'S OIL WILL RUN OUT IN TEN YEARS
According to Dr James McKenzie, a senior member of the climate change programme at the World Resources Institute in Washington, USA: The US government is aware that we are about to endure a disastrous international energy shortage. "That's why we went to war in Iraq". We always knew the world's oil reserves would run out eventually. The oil was formed by natural geological processes which occurred over millions of years. This will literally be the end of civilization as we know it. What effect will the oil spill have on peak oil? Prices will begin to soar and taxes will rise - someone has to pay for the cleanup and that someone will be me and you. Bank on it. We've Peaked! The moment to stand up and take self responsibility is here. We're in trouble - it's not going away until we Stop Ourselves. Face Yourself - See Your World - Apply Self Forgiveness within Self Honesty - Stop accepting and allowing yourself to be controlled. If you don't understand the situation we're facing then, buckle up, you're in for a bumpty-slick ride!!! Research and Educate yourself about your world!
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Research for Yourself:
http://www.visualeconomics.com/cost-effects-of-the-bp-oil-spill_2010-05-05/
http://www.lifeaftertheoilcrash.net/Archives2007/KingEvent.html
http://www.theinsider.org/news/article.asp?id=0423
http://www.grinningplanet.com/2006/05-16/peak-oil-faq.htm
Non-sense! The russians have proved with their super deep drilling that the earth regenerates oil. What your really seeing is our money losing it's buying power, don't buy the hype.
jeff2all 1 year ago
@jeff2all - You missed the point - The rate of consumerism speaks for itself. It is not that the earth cannot meet our needs, it is that we are greedy...
clk211bu 1 year ago
This is patently false. Peak Oil is a myth, supported and fostered by the oil companies. Do your own research.
NXavier787 1 year ago
@NXavier787 - I have done my research. The rate of consumerism speaks for itself. It is not that the earth cannot meet our needs, it is that we are greedy. Ask the farmer and small business how this affects them, they will not agree with you.
clk211bu 1 year ago 3