Preparing For Peak Oil - Part 1 of 4

Website: http://MrEnergyCzar.com One family prepares for peak oil by converting their home to a net-zero solar powered home as the world oil supply crisis may cause global inflation, unemployment, and depletion of other energy sources.

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[stereorail]

Definitely peak oil but capitalism does not rely on continued growth. Keynesian economic systems rely on continued growth (e.g. "credit"). Austrian/classic economics is self balancing, just like before Federal Reserve. If there was no welfare (a.k.a credit) then people would not be so content with living dumb and happy and comfortable.

[MrEnergyCzar]

@stereorail that is correct. I wish I re-edited that sentence to say our economic system relies on continued growth.

[SubieSean]

This is very smart. I like how you are not biased as well. But if you have a bad storm or something will you still get power? My power was out for a couple days but we still could use the stove cause it was gas.

[MrEnergyCzar]

@SubieSean You need a battery back-up in order for the grid tied solar system to keep powering. It automatically shuts off when the grid is out because the solar would act like a generator and kill the linesmen...

[Ukraine732]

what cell phone plan do you have?

[MrEnergyCzar]

@Ukraine732 No monthly plan or contract. I just pay T-Mobile $100 and get a thousand minutes worth of calls/text, good for one year...... If it doesn't last the year, you can just buy more in smaller increments and all the minutes will be good for another 12 months.... I think you have to get $100 first to have future add on purchased minutes good for 12 months....

[MrEnergyCzar]

@Dragonzphoenix Thanks for the comment. I believe the average consensus for the peak amongst both oil companies and independent experts ranges from 2005 to 2040 (oil companies)... I know some who say there will never be a peak, but I point out there has to be some point of maxium oil production unless we don't live in a spherical planet....

[EndTheMatrix]

Peak oil was in 1999.

I was a contractor for BP exploration at the time.

I assure you it was 1999.

[batesmade]

peak oil is NOT a theory, there is not an unlimited amount of oil, it will be depleted, its called Hubard's peak

[theglimmerman]

Superman will arrive and save the earth. His arrival will usher in a new fossil fuel free

[hundomonkey]

DUDE ADOPT ME

[Ioanides001]

You might want ot look up "malthusianism" and, ofc, Malthus, to see if you find some common points between this dooms day theory and the one from the 19th century. Before that one were others as well, only without too much science flavor on top so I guess everyone would easily dismiss those nowadays...

Malthus was sure we'll all die of starvation because we are getting too many and the earth ressources are not enough. Peak oil gets the same credit from me.

[activedentalfloss]

@LOWRIDER4UNATL Are you serious? A pastor? I'm sure faith provides comfort to some in times of crisis, but where oil is concerned, I think I'll hedge my bets on the advice of engineers, geologists and traders. Whatever helps you make sense of the world I guess, it's your life.

[ciaoumah]

Interesting video!!! Thanks for sharing!

[19Photographer76]

Well, I did all of this in the 60-70's and realize the difficulty being complete. I lived in West MA at the time and many groups developed for bartering. Something like this needs 'Bartering', no other way my friend - you can't do it all. Like your pellet stove, who will make your pellets?

When our country finds out there isn't any Gold in Fort Knox, then what? I can't finish your videos right now but will later. Your ahead of the curve!