OIL PEAK CRASH for "dummies"
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@danthegeoman We already hit 100 bucks a barrel, back in mid '09 if I'm not mistaken. I also read a german military PDF report that concluded that the worlds cheap oil supply will start a sharp decline between early 2011 and late 2015.
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/watch?v=Evluem1X0lc
oil peak was end 2005. IEA say since 2006 they is decline.
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I made stool this morning.
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"theory" perhaps back then.. today, it's very much "reality". Like your succint, well=produced video.
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Human beings, with our big brains, we are supposed to be able to imagine the consequences of our actions, yet we still seem to be at the mercy of our emotional whims "I want cheap goods: I want cheap food; I want to drive my SUV a couple of blocks to buy those things, and I want it all now, dammit - NOW and CHEAP!!"
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Drill, Baby, drill. LOL Let's use it all up before China and India have the chance.
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it's $105 now - march 2011 - with the help of mideast political instability. In any case it could get worse in spite of the simplistic thinking of people who either deny or do not understand. I am getting it that there is no point in arguing with this crowd. They will be confronted by the harsh reality and continue to believe that it is a plot which any mathematician can demonstrate that it is not.
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Another GREAT reason NOT to have kids. To hell with this bullshit.
MrBeautifulba1 7 months ago 4
Theory? Sorry guy.. its not a theory. We WILL run out. Period. The question is when!
danthegeoman 9 months ago 3