The Coming Fuel Crisis
Uploader Comments (frankendependence)
All Comments (28)
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In fact, when it happen the global economy would go into cardiac arrest and after that into death.
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@usernameavilable aahahah..funny post!
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In the end the people of the east will continue to be self sufficient...
You will come to realise why the East was always self sufficient and innovative and the barbarians will return to their old ways... just no longer in pin stripe suits.
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PEAK OIL is a real problem and there is NO real solution to it. 30 years from today you will see total economic collapse, you will see lots of conflicts fighting for the last bits of oil... 100 years from now civilisation a syou know it will be no longer be.. This is the end of the golden age!! No amount of solar energy or any other energy will provide you with energy to match fossil fuels Nuclear Energy is too damn unstable and what are you going to do with Nuclear Waste!!!
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(Post #2 of 2)
Second, the OIIP (Oil Initially In Place) of our entire planet has a low estimated of 2.5 trillion to an absolute high of 4.5 trillion. So your many hundreds of thousands of trillions of barrels (and such cosmic barrel-counts should be stated in gigabarrels) has no basis in science.
Our real problem now is the EASY oil is almost gone. All that remains is the hard stuff ... and the Mid-East stuff we Americans only WISH we could claim as our own. (Maybe if we invade ... nah.)
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(Post #1 of 2)
Your facts are a bit off.
First, just your math is bad, never mind your geology. When I calculate your .006% of 470,000 trillion barrels (which should more appropriately be stated in gigaberrels and not thousands of trillions of barrels) I get 28,200,000,000,000 barrels, or 28.2 trillion barrels. We have NOT used that many barrels since oil consumption first began 150 years ago. Humanity has only used about 1.2 trillion to 1.8 trillion barrels since Titusville, PA in 1859.
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The Futures Markets have many commodities. Such as wheat (and oil).
But wheat is different from oil because wheat is a FINITE yet RENEWABLE commodity. So we just plant more wheat and keep reaping it every year ad infinitum and that's why the price is up one year and down the next.
Oil on the other hand is FINITE yet NON-RENEWABLE. We can't plant new crops of oil. Once it's gone it's gone. Until then it's becoming scarce AND expensive. And it'll only get MORE expensive as scarcity grows.
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1) Which means oil will never be cheap again. So we need to get off the stuff ASAP.
2) Wrong. The very best ERoEI for shale oil has been shown to be about 13-to-1, and that is only in the most optimal situations where nothing goes wrong. It's more typically 3-to-1 or less.
3) The water situation in Colorado is a serious one. But don't take my word for it. Look it up in Google under "Water+Wars+Colorado."
Liberals want to crash the economy? What? You're advocating a conspiracy theory???
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Over 99% of that 1 TRILLION barrels in Colorado is shale oil.
1) Shale oil costs a fortune to mine and process.
2) Shale oil has a dismal ERoEI of about 1.7 to 1 (look up ERoEI, it's in Wiki).
3) Shale oil requires massive inputs of FRESH water at several stages of the very complex process involved in it extraction and refinement -- and last I heard you Colorado folks have an expression: "Here in Colorado we TALK over whiskey, but we FIGHT over water."
Shale oil is a loser's game.
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in the end only the aboriginies and native americans will survive
All the posts so far are so pessimistic.
This video is a wakeup call for us to think about our energy challenges and then do something to overcome them.
There is no doubt that every individual can take steps to conserve energy which is the first step(we waste far too much).
Then we can move toward the carbon free non polluting energy sources. There is plenty of energy, we're just addicted to the "cheap" stuff. Energy independence is not free!
frankendependence 4 years ago