This entry was posted on 9/26/2007 11:05 PM and is filed under Global Peak Oil.
"It's going to happen. Maybe it already has -- global peak oil. From the website Life After the Oil Crash:
"Once the peak is passed, oil production begins to go down while cost begins to go up." (Will it happen in 2010?, 2020?, did it occur in 2005? - we don't know. But it's really a moot point anyway................ isn't it?)
"Peak Oil is also called "Hubbert's Peak," named for the Shell geologist Dr. Marion King Hubbert. In 1956, Hubbert accurately predicted that US domestic oil production would peak in 1970. He also predicted global production would peak in 1995, which it would have had the politically created oil shocks of the 1970s not delayed the peak for about 10-15 years." (After the U.S. peak, were able to "fall back on" global oil. After the global peak.......then what?)
"In practical and considerably oversimplified terms, this means that if 2005 was the year of global Peak Oil, worldwide oil production in the year 2030 will be the same as it was in 1980. However, the world's population in 2030 will be both much larger (approximately twice) and much more industrialized (oil-dependent) than it was in 1980. Consequently, worldwide demand for oil will outpace worldwide production of oil by a significant margin. As a result, the price will skyrocket, oil-dependent economies will crumble, and resource wars will explode." ("Resource wars?" No way! (Bad news -- they've already started))
"As geologist Dale Allen Pfeiffer points out in his article entitled, "Eating Fossil Fuels," approximately 10 calories of fossil fuels are required to produce every 1 calorie of food eaten in the US. The size of this ratio stems from the fact that every step of modern food production is fossil fuel and petrochemical powered..."
10/12/2007 2:54 PM
Jerome wrote:
We desperately need to make it a high priority to resolve our use of oil and its byproducts to better sources that we can live healthier, cleaner environment, etc... We canot continue on this path we're on and expect that its all going to be alright! Reply to this
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