The consequences of peak oil

[baddbob]

Right now, I'm a peak oil agnostic.

One the one hand, I know the oil companies and the news media morons who report on them are full of s*** 99% of the time and completely unreliable.

On the other hand, could an entire global industry be faking its production output? Could there really be vast reserves of oil still undiscovered or even more surprisingly discovered and being deliberately hidden?

I don't know.

But I do know that if the peak oil hypothesis is correct "business as usual" is over.

Source: http://www.youtube.com/watch?v=Wcd9kn26Sek

[BestLion]

Well I was on a peak oil forum back in 01. I know much of this theory also since I worked for 11 years in the US Army in the petrol aspect. i can say peak oil-peak energy is very real and will hit around 2014 time with energy shortages.The USA imports 50% of its oil..they once were a oil exporter..but use near 20 mbd oil..produce about 9 mbd. A nation that has come to be totally dependent on oil, a car- cargo caulture.
Next decade the piper will pay a visit to the USA. I expect civil war and mass die off.
my advise live it up now...come around 2021 will be no money, no cash, no pension, and no food.

[BestLion]

I was a petrol expert and a SFC in the US Army in 2003 Iraq crisis. I was called up "I was in the reserves..and worked as a civilian for the army. We went to Iraq in the summer on 2003..my unit went to the 'triangle of the Iraq Iran oil fields" and repaired oil instillation..after 4 months they sent us home..I then was discharged from my contract in 2004.
Peak oil is very real..what happens after..i hope im not alive!

[modwiz]

The world is awash in petroleum products, the biggest problem for oil companies is suppressing new sources while trying to keep inflated prices. The Iranian 'threat' has as much to do with oil as....make something up. Nigeria has the alphabet creeps stirring up a civil war to keep their considerable resources out of the marketplace. They have enough natural gas to supply Europe for 300 years at a quarter of the price Russia is charging them. Russia doesn't like that very much.
Here is an article that mentions this as well as so other juicy alternative intelligence. Great site for real news of the world:http://www.veteranstoday.com/2012/01...wes-the-money/

[WhiteFeather]

So lets utilize the hydrogen powered technology HHO cell. I'm ordering an HHO cell soon from ebay. Gonna give it a whirl. See what happens.

[childs hood end]

Like an engine without oil,,,,,,, will the world (or` is the world about to) SEIZE

Plenty of gas off our shores too`` enough to sort our financial crisis,

To bad our goverment sold it true backhanders,

Peace

[TargeT]

Posted by BestLion (here)
Well I was on a peak oil forum back in 01. I know much of this theory also since I worked for 11 years in the US Army in the petrol aspect. i can say peak oil-peak energy is very real and will hit around 2014 time with energy shortages.The USA imports 50% of its oil..they once were a oil exporter..but use near 20 mbd oil..produce about 9 mbd. A nation that has come to be totally dependent on oil, a car- cargo caulture.
Next decade the piper will pay a visit to the USA. I expect civil war and mass die off.
my advise live it up now...come around 2021 will be no money, no cash, no pension, and no food.

I completely disagree. we stopped exporting oil because we learned that the "easy stuff" (light sweet crude) was going to run out, so we just stopped PRODUCING.. there's still an estimated trillion+ barrel feild under the rockymountain range.. Oil wells have been shown to refill themselfs.

we may run out of the easy to produce oil, might have to actually pump it out of the ground instead of just drill a hole and catch what comes spraying out.... Oil will never run out & I'm more than convinced of that.

Oil is under the false scarcity paradiegm that everything else is forced under & its just as false...

(of course there is MUCh more to this, the history of how we set up OPEC & tied oil to the dollar, there by setting up the taxation system for our empire.... but thats a long one)

Posted by WhiteFeather (here)
So lets utilize the hydrogen powered technology HHO cell. I'm ordering an HHO cell soon from ebay. Gonna give it a whirl. See what happens.

HHO (Browns gas) generators work to more efficently burn your gasoline, you should see some sort of improvement

[WhiteFeather]

Aka Petrol Dollars. This is what runs the ponzi machine.

[WhiteFeather]

http://www.youtube.com/watch?v=Py8QYt54EpE

Source: http://www.youtube.com/watch?v=Py8QYt54EpE

[TargeT]

Posted by modwiz (here)
Great site for real news of the world:http://www.veteranstoday.com/2012/01...wes-the-money/

That site shows the UK at 400% debt to GDP???

HOLY ****!

the rest of the artical had a lot of logical fallacy & unsubstanciated info..

wikipidea ( i know...) lists GDP of the UK at 75% debt to GDP ratio (which I do NOT believe!)
http://en.wikipedia.org/wiki/List_of...by_public_debt

[chancy]

PEAK OIL IS MADE UP!!
IF you buy into this fantasy then you deserve to pay $10 dollars per litre for gas and $15 dollars per litre for a bi product called diesel fuel.

Hello Everyone: I always find it amazing that people buy into this peak oil bolonie.
I used to work in the oil patch and we hit gas or oil 8 out of 10 wells. One day I asked one of the engineers what the oil companies were going to do with the vast amount of reserves we were capping? (Remember I am only on one oil rig and there's thousands and thousands and thousands of oil rigs capping oil wells around the world for later use.)
He told me that it's not needed now and when the price gets upto $5 per gallon or more then they might let alittle bit out slowly. Making sure the price is always high and everyone believes we're running out of the black gold.
Remember Paul Harvey? One of his stories was about how we were going to run out of gas very soon. We'd have to stop running our cars. Quit making cars and engines. Start riding our bikes and walking everywhere....the rest of the story was this was being told in 1928 to everyone.
Case in point please refer to this video "The origin of Oil" by Leroy Fletcher
http://www.youtube.com/watch?v=stnMHgEUrnc

By the way the Alberta tar sands has enough oil for 300 years of usage for Canada and the US plus exporting all over the world. What people don't know is that Saskatchewan has the biggest amount of the tar sands and it hasn't been touched. Welcome to the scam of peak oil.
chancy

[BestLion]

I completely disagree. we stopped exporting oil

I said IMPORTS..They import over 50% of light sweet crude
here is the chart of the 52% of oil they import and where as of 2007
I also said once exported oil..that stopped in the 70s.please read better. Once means pre-1970..ie WW2 they exported oil..mainly in high grade aviation fuel to Russian..and in the 50s exported to nations. Now the USA is in oil decline and has to import 52+% of all its oil

[BestLion]

Oil wells have been shown to refill themselfs.

Really? What are you talking about show me 1 case..please! I can show you 1,000s of closed oil field in many US states that are completely exhumed, and the towns are now ghost-towns!.

[STATIC]

The only concequence I can really see as a result of "peak oil", are peak oil prices.
Even if we had all the oil that we could ever use they would still figure out a way to make maximum profit.
Exxon posted a 10.7 billion$ earning for the first quarter of 2011 wich was 69% higher than 2010. Doesn't seem as though they are having any trouble with peak oil...

[BestLion]

PEAK OIL IS MADE UP!!

Thats why gas is now at 5 USD a gallon in the USA and was at 20c a gallon'90c modern day money in 1966" That why the USA went from 11 mbd to 9 mbd day from 1990s to 2012..Saudia Arabia dropped in oil 1 mdb exports..and is now no longer the worlds leader in oil production Russia is....If peak oil is made up then why are all these nations that have been pumping for years in decline? think they would be producing more..more=more money...
Believe what you want..but the piper will never the less come for his payment.

[BestLion]

The only concequence I can really see as a result of "peak oil", are peak oil prices.

Thats optimistic. i see the end result as a massive die off of humanity back to 1 billion people. i worked with oil in Iraq..it was my job in the US Army. I can tell you something if the world don't get a new energy replacement SOON..then next decade will be pure hell, and around 2025++ will be mass die off of humanity due to oil and natural gas decline. I dont like to talk of this subject cause its so damn depressing..im just living my life to the fullest now..I only hope my daughter will survive..its part of the reason I relocated to Ukraine. I'm 36 i hope to live to be 50 but i doubt I will..even in the breadbasket of Europe where I produce 50% of my own food..I dont think I'll survive the coming peak oil crisis. So i am trying to live life now..explore.vacation, spend time with my girls, and enjoy life.. 2012 wont get us but peak oil surely will!

[chancy]

Hello Everyone:
Please refer back to post #11. There is NO peak oil.
Doesn't matter if the opec countries are pumping less. We do NOT need middle eastern oil in north america period.
chancy

[Seikou-Kishi]

I wonder how much oil the war machine consumes.

[jackovesk]

No such thing as 'Peak Oil' never was..!

But there is such a thing as 'Abiotic Oil' which in itself and is the equivalent of Mother Earth's own blood replenishing the mantle...

http://freeenergynews.com/Directory/...ustainableOil/

The 'Abiotic Oil' Controversy

http://www.rense.com/general58/biot.htm

PS - If you believe the 'Fossil Fuel' Story that has been spoonfed to you over the years by the PTW, I've got a bridge in Sydney up for sale..!

[Second Son]

Two key things, both already mentioned here... with simple hydrogen technology peak oil is a non-issue, and there is a distinct possibility that we have abiotic oil, which means it might take years, and not millennia to form.

I am fast becoming a proponent of a very fast geophysical changes... the grand canyon formed in months, mountains thrusting upwards in years, valleys sinking in days as a result in the earths axis moving, and all of the intense geothermal activity resulting in an increasingly agitated sun creating oil VERY quickly. Old, dried up wells are producing again, and according to many experts (and Modwiz ) there are more untapped reserves than we will ever know.