OIL CRISIS VIDEO-Peak Oil Introduction

[jetflyer]

This is the best peak oil introduction video I've ever seen.

It's an ABC Australia video that is 13 minutes long.

Here is the link:
http://www.informationclearinghouse.info/article13112.htm

The countries' leaders of the world know about this and are trying to slowly get you ready to handle it mentally. In the meanwhile they're competing for the last remaining oil resources of the world and trying to spur alternatives without causing a panic.

They definitely don't want anyone to think that oil will ever run out.

Jet

 

[SPilot]

Oil is presently the largest capital reserve in the world, of course they dont want us to think that their money will be worth alot less once the oil-dependant infrastructure stops running.

Another thing is the aging fleet of oil rigs and exploration equipment: the oil companies had this coming for a long time, but didnt want to invest in new constructions. When last years hurricane took out a large part of the american jackup-fleet, and the average age of the jackup-rigs world wide is 25 years and total life span is usually 35 years, its pretty easy to see that there will be some difficulties in increasing the production and search for new fields in the time to come. So the times of cheap oil are definitivly behind us.

 

[PacoPollo]

GM has the employee discount.America, time to get those Hummers,Tahoes,Suburban SUV's so we can help the economy!

 

[caliginousface]

Sahweet! More and more people finding out about peak oil, I dig it. The cool thing is once airplanes can't take to the skies anymore, we can all become high speed rail operators.

Here's a trailer for a documentary called "The End of Suburbia." Looks like all those kids that went for agriculture degrees are going to be the real winners in life.

http://www.youtube.com/watch?v=qHr8OzaloLM

 

[gsrcrsx68]

Looks like all those kids that went for agriculture degrees are going to be the real winners in life.

Yeah....It only takes 1.2 gallons of ethanol to make a gallon of ethanol.

 

[caliginousface]

Yeah....It only takes 1.2 gallons of ethanol to make a gallon of ethanol.

Alright lets think a little deeper and go worst case doomsdayer scenario. When oil becomes to expensive to extract, and all the Energy Returned On Energy Invested stuff starts making sense, and the global economy collapses, quite a few of us will know little about soil science and how to farm properly. Growing your own food may be the only thing any one can do.

 

[SPilot]

Well, thanks to the technological advances, I think you can hold back on your doomsday talk. You're right that in worst case, large populations will not be able to survive because their food supply chain is dependant on petrolium, but there's alternatives which can be more rapidly put into the market place as the demand increases.

Regular piston engines and jet engines can operate perfectly on hydrogen, which exists in larger quantities than oil, and can be found everywhere there is water, as well as in natural gas and ...well, everywhere. All it will take is a new way of extracting it.

Nikola Tesla, who invented the AC power as we know it today, also discovered several other interesting properties of electricity, but the world of science hasnt really paid any attention to that part of Teslas work. He was able to create a kind of cold/radiant electricity, which didnt consume coulumbs, but was able to perform more work than regular electromotor voltage. Combine this with a pulse charging device for a electrolysis fuel cell, and we may see a new technology capable of extracting hydrogen from water with high enough effeciency to run our vehicles on-demand. Independent scientists are beginning to research this stuff these days, and NASA and the US Military have been interested in it for decades. If NASA can be the "hero" and introduce this stuff, I'm sure their budget issues will be solved for a long time. It would be a much better contribution to the tax payers than the parachute for General Aviation that NASA have been spending money on...

 

[caliginousface]

Well, thanks to the technological advances, I think you can hold back on your doomsday talk. You're right that in worst case, large populations will not be able to survive because their food supply chain is dependant on petrolium, but there's alternatives which can be more rapidly put into the market place as the demand increases.

Regular piston engines and jet engines can operate perfectly on hydrogen, which exists in larger quantities than oil, and can be found everywhere there is water, as well as in natural gas and ...well, everywhere. All it will take is a new way of extracting it.

Nikola Tesla, who invented the AC power as we know it today, also discovered several other interesting properties of electricity, but the world of science hasnt really paid any attention to that part of Teslas work. He was able to create a kind of cold/radiant electricity, which didnt consume coulumbs, but was able to perform more work than regular electromotor voltage. Combine this with a pulse charging device for a electrolysis fuel cell, and we may see a new technology capable of extracting hydrogen from water with high enough effeciency to run our vehicles on-demand. Independent scientists are beginning to research this stuff these days, and NASA and the US Military have been interested in it for decades. If NASA can be the "hero" and introduce this stuff, I'm sure their budget issues will be solved for a long time.

Those are some high hopes you're holding for the future, i'm hoping you are right. To rely on and claim technology will bail us out of every jam is a risky thing to do. To say that new technology for vehicles and aircraft can be placed rapidly into the current infrastructure doesn't make all that much sense. Many feel that time to start these investments and changes was years ago, but again, I hope that you are right.

However big changes in our lifestyles will probably take place, we as America, produce an incredible amount of waste and consume energy like crazy. I'm hoping at least this will happen.

Does this mean we can put tesla coils in our front yards at zap the unwanted like in Red Alert?

 

[SPilot]

Does this mean we can put tesla coils in our front yards at zap the unwanted like in Red Alert?

LOL. The Tesla coil in Red Alert was on the russian side, if I remember correctly. Strange considering Tesla became an american before he gave inventions to the world....anyway, here's some tesla coils you can put on your lawn:
http://www.amazing1.com/tesla.htm

1.5 million volts will zap anyone within 6 feet, so you'll maybe need a couple of them. Try asking your local building inspector/dictator for forgivness after it zaps an innocent bypasser.

 

[jetflyer]

Am I imagining things or is the fact that there is an intelligent conversation going on here about our energy future mean people are starting to accept peak oil as a possibility? Admitting there is a problem is the first step. Conventional easy to get oil reaching a peak production is going to be the challenge to overcome for mankind for several decades to come. The price is going a LOT higher before this is over with. We're all going to have to get used to much more expensive energy till alternatives can make a difference in a decade or two. Jet

 

[Dangerkitty]

Am I imagining things or is the fact that there is an intelligent conversation going on here about our energy future mean people are starting to accept peak oil as a possibility? Admitting there is a problem is the first step. Conventional easy to get oil reaching a peak production is going to be the challenge to overcome for mankind for several decades to come. The price is going a LOT higher before this is over with. We're all going to have to get used to much more expensive energy till alternatives can make a difference in a decade or two. Jet

The "Oracle of Oil" was on CNBC the other day. CNBC claims he is right about oil and gas over 90% of the time. He mentioned that Oil would go over $80 a barrel and then down to the $55 dollar range.

He never mentioned a thing about Peak Oil. His reasoning for the oil spikes was demand was high and that production was at Capacity.

Peak oil is bunk. This is the marketplace at work.

Once again Jetflyer, if you are so concerned about peak oil then stop flying airplanes and contributing to this problem you have imagined.

 

[SPilot]

Peak oil is bunk. This is the marketplace at work.

Am I getting you right, that because CNBC speaker didnt mention 'peak oil', you're assuming this whole oil-price thing will go over in a short time?

He said: demand is high, production is at capacity.
Will demand decrease in the near future? (air traffic increasing, the yellow man is beginning to get a taste for gasoline)
Will production catch up? American oil companies does not hold the majority of orders for new rig constructions at the few remaining yards. The most emerging market right now is in the indian ocean, but they are pumping oil for their own rapidly expanding market.

That the outlet pressure in oil wells decreases after a while, have been well known since the late 70's, so maybe the CNBC-oracle didnt mention it because it is old news?

 

[caliginousface]

The "Oracle of Oil" was on CNBC the other day. CNBC claims he is right about oil and gas over 90% of the time. He mentioned that Oil would go over $80 a barrel and then down to the $55 dollar range.

He never mentioned a thing about Peak Oil. His reasoning for the oil spikes was demand was high and that production was at Capacity.

Peak oil is bunk. This is the marketplace at work.

Once again Jetflyer, if you are so concerned about peak oil then stop flying airplanes and contributing to this problem you have imagined.

You know who predicted the US peak of oil production and when it would happen? Dang, I wonder if that means anything.

jetflyer, I gained interest in the topic during my short stint at Erby Diddle Airplane School. Is this a serious issue? Well I think if even energy exec's are saying "alright, we've got a problem here," I think we should think a little deeper. The problem with getting that hard to reach oil is that eventually we'll be expending more energy that we get out. Deep down I hope problems arise for the human race, so we all see the simple things in life are what matter, and that religion and ethnicity mean nothing, and crying over American Idol results and My Super Sweet Sixteen characters can grow the ******************** up.

To deny there is no problem or state that a decline is actually happening can and probably will prove to be very foolish. Oil go down to $55? Don't hold your breathe. With the two big guys over in Asia going crazy with expansion, I don't think it's possible.

I try and find some info about this EROEI stuff and see if you guys dig it.

 

[caliginousface]

Oh btw if any of you think it's "dang liburls" claiming this madness, should any of you know who the US Army Corps of Engineers are, they released a report in September 2005 which included the following:

You ready?

The doubling of oil prices from 2003-2005 is not an anomaly, but a picture of the future. Oil production is approaching its peak; low growth in availability can be expected for the next 5 to 10 years. As worldwide petroleum production peaks, geopolitics and market economics will cause even more significant price increases and security risks. One can only speculate at the outcome from this scenario as world petroleum production declines.

Oh snap!

Energy consumption is indispensable to our standard of living and a necessity for the Army to carry out its mission. However, current trends are not sustainable. The impact of excessive, unsustainable energy consumption may undermine the very culture and activities it supports.

Demand now exceeds production and we are seeing that effect on prices. After the peak is reached, geopolitics and market economics will result in significant price increases above what we have seen to date. Security risks will also rise. To guess where this is all going to take us is would be too speculative. Oil wars are certainly not out of the question.

If you guys want the 86 page report, let me know.

 

[SPilot]

Back in the eighties it was said that in the event that oil production was interrupted, it would take 27 days before all reserves would be emptied, and all fuel based transportation in America would stop. Any of you know how long time this would take if oil production halted today? Having protected fuel reserves should certainly be a matter of national security - if terrorists are able to stop the continous production and supply of fuel to America, there can be quite severe consequences for everyone dependant on food transportation (which is everyone who gets their food from walmart or mcdonalds).

I'm surprised at how little action the american oil exploration companies like Noble, Pride and Transocean have taken to secure future exploration capacity. Right now the new constructions currently in production at KEPFEL and PPL (the largest shipyards specializing in building rigs) are being sold to companies in India, without any attempt from american oil companies to bid for these rigs.

 

[threegreen]

Let's freeze the sands of colorado, then heat it up and draw the oil out of it. Use nuculear power for the energy required... 100 bucks a barrel until the ocean level rises and we're all swimming.

 

[CrimsonEclipse]

If you guys want the 86 page report, let me know.

I do.

Hey Jetflyer!
I thought we agreed to stow this conversation until we hit the
$80/barrel mark!

CE

 

[caliginousface]

I do.

Hey Jetflyer!
I thought we agreed to stow this conversation until we hit the
$80/barrel mark!

CE

http://stinet.dtic.mil/cgi-bin/GetTRDoc?AD=ADA440265&Location=U2&doc=GetTRDoc.pdf save as, etc.

 

[IFollowRoads]

There is no spoon.

 

[jetflyer]

Crimson

It's stuck at this $75.00/barrel point and I have a couple days off with the wife at work and I'm bored and I found that cool video! I thought surely we'd be above $80 by July 4th, but I guess we'll have to wait for the hurricanes. I don't think it will be long though!

Jet