Peak Oil

[burgess367]

I'm just curious if anyone here's heard of Peak Oil. This is the idea that world oil production will max out and begin to decline. This will cause oil prices to skyrocket effecting the world's economies. There is lots more but I just want to know if there's gonna be a discussion or further interest.

burgess367 Reviewed by burgess367 on 04-21-2005. Peak Oil I'm just curious if anyone here's heard of Peak Oil. This is the idea that world oil production will max out and begin to decline. This will cause oil prices to skyrocket effecting the world's economies. There is lots more but I just want to know if there's gonna be a discussion or further interest. Rating: 5

[2600]

I'm just curious if anyone here's heard of Peak Oil. This is the idea that world oil production will max out and begin to decline. This will cause oil prices to skyrocket effecting the world's economies. There is lots more but I just want to know if there's gonna be a discussion or further interest.

Fossill fuels WILL run out eventually, that's not just an idea. The aftereffects of that (prices, availability, transportation, economy in general) will depend on how far we have advanced alternative energy sources.

[Rarrr]

Yes, but how long do they think we have until oil starts to decline

[burgess367]

New estimates put the peak between 2005-07. Some think it may have already happened others don't predict it until between 2010-2020. i'll put up sources as soon as sort them out.

[Agent Smith]

Peak oil is total Bullshit. This is something being pushed by the media, socialist, & Democrats. Just so they can get better control over your life.
No I'm not some right wing nut worshiping Bush. I just happen to know the Facts. Even liberals and Neo cons who seem trusting are pushing this shit.
If you want to know the truth please Listen to the Alex Jones Radio Show It comes on 12 - 3pm est. & 10 - 1am est M-F on www.PrisonPlanet.com or look on the website for the Radio station in your area.
Sorry for being so blunt,but it is really frustrating to see how many people are buying that shit. Specially with that Socialist Mike Rupert pushing that shit.

[ermitonto]

We don't have nearly enough time to develop alternative energy sources and then convince people to use them and then integrate them into our society to the point where we could avoid disaster when economical petroleum production ends. I for one am looking forward to seeing industrial civilization collapse. I just hope it happens before we perfect genetic engineering and artificial intelligence, because those technologies scare the crap out of me.

[dazedandcontributing]

actually peak oil is not a hoax to scare the americans lol it is happening they, haven't found any new oil "wells" and there scared but of coarse the goverment isn't doing anything my suggestion is if you drive a car start growing 5 soy plants indoors under lights and learn how to make bio deisel i for one prefer the bike and will continue to laugh in everyones face while they pay over a dollar a litre at the pumps oh P.S. be very afraid america is coming for you if you are a producer of the shit

[ezjim]

real soldiers are dying in their hummers so some yuppie a$%&hole's can play soldier in their civilian hummers 10 miles per gallon 2 soldiers per day

[pisshead]

i happen to think peak oil is a bunch of bs. i've read numerous mainstream stories over the years of giant reserves being found, the idea that we'll run out in the next 100 years even is absurd. still, i think we need to find something else to rely on that's a lot cleaner.

it's also a good excuse to make us pay more and more and more and more for oil.

here's an interesting audio interview about peak oil:

http://www.prisonplanet.com/articles...eakoilscam.htm

[burgess367]

I'm glad this topic is getting some discussion. To refute AgentSmith's argument I haven't seen anything about Peak Oil in any mainstream media outlet. This should be front page stuff. The only things I have found have been European sources and offbeat internet news outlets. Also this is not a partisan issue. You say the Democrats are pushing this, nevermind this wasn't mentioned during the 2004 election year, Republican Congressman Roscoe Bartlett (MD) was interviewed and discussed the importance and immediacy of the Peak Oil problem http://www.energybulletin.net/5429.html ). In 2001 the Secretary of Energy was quoted as saying â??America faces a major energy supply crisis over the next two decades. The failure to meet this challenge will threaten our nationâ??s economic prosperity, compromise our national security, and literally alter the way we lead our lives,â?� ( http://www.commondreams.org/views04/0113-01.htm ). The Cheif Economist for investment giant Morgan Stanley said that we face a potential economic "armageddon" ( http://www.fromthewilderness.com/fre...mageddon.shtml ). When the world's great money handlers acknowledge an impending disaster it might be time to listen. Smith I will be tuning into your man on prisonplanet.com; its no fun to argue if you don't know what the other side is gonna say.

To address pisshead's argument that huge wells keep being discovered. An article published in Scientific American stated that new oil discoveries have been declining steadily since the 1960's. According to the article 90% of the earth's oil has been discovered. (http://dieoff.com/page140.pdf)