How much oil is left?

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Uploaded by on Nov 11, 2008

This video is a tour of an online simulation tool anyone can use to explore assumptions about how long the current untapped supply of oil will last. The URL for that lab is:
http://forio.com/broadcast/netsim/netsims/PontifexC/Calculating_Reserves/inde...

Watch in high resolution!

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Education

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Standard YouTube License

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  • peak oil is bullshit, it's just big corporations manipulation . Remember scarcity creates PROFIT !

  • What happens when we ASS-U-ME? Unfortunately we will only see Peak Oil in the rear view mirror. We didn't see the US Peak of 1970 until the Arab Oil Embargo of 1973. Scary.

  • wonder what big companys and greedy banks will do when there is no oil left.

  • religon is fake i hope your minds will evolve past it one day

  • Unfortunately the impact of the oil crunch in 2008 created a demand-destroying and growth disrupting paralysis in most countries. The ones who still have equity are now buying up whatever energy and mineral resources are available ina world of deep financial distress... Here is Australia we have plenty of natural gas we can switch to, though China has most of it right now. America will collapse and destroy more demand before it becomes irrelevant. War is most likely.

  • I personally think growth is more like Curly or maybe even Shemp than Moe.

  • karr

  • peak oil = 4 billion+ dead

  • Chris has demonstrated how to analyze complex problems in such a way that is easily understandable through the use dynamic modeling.

    The model is easily constructed and each and every step can be readily modified to evaluate the effect the change would have on the entire model.

    This "systems thinking" approach has endless applications both in life and in business.

    Thanks for the demo of this process Chris.

  • This is a clear and compelling explanation for why the concept of Peak Oil is not just a concept, but a reality. I appreciate the use of the Systems Modeling tool to help articulate the relationships involved. This is clearly just a beginning!

    Thought: It would help to have another screen shot of the web link to the actual simulation at the end of the video.

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