A Very Inconvenient Truth
These days everything is about climate change. But what passes down the wire is so selective. For example, the united nations has determined that raising livestock for food creates more greenhouse gasses than all the cars and trucks in the world combined!! Then there is the issue of animal farts and methane production... All really, really inconvenient truths! But what does Mr. Gore say about this?
But even this pales in comparison to Peak Oil. Yes, the most inconvenient truth of all. Put simply, it is going to be the biggest blow to civilization ever. And we are going to feel its effects way before Bangledesh floods and Greenland becomes, well, green.
Without oil there is virtually no transportation; by extension there will be no medicines, no fertilizers for food, no energy to fuel technology or engineering. Yes, we may have reached the zenith of our civilization.
But the thing that will have the most impact on the human psyche is how dark it will be. After the brownouts will come the blackouts. Darkness.
Time to go to IKEA and get those bags of tealights!
Hello, i'm an oil field
Hello,
i'm an oil field engineer, yes please put away the tar and feathers and listen.
The peak-oil idea has been around for over thirty years now, we just keep shifting the point of peak. When you are selling something, its always good to justify profits by claiming its something rare.
From what i know about current reservoir finds (we are getting better at this) we still have decades to find any peak.
Ten years ago we had a somewhat competitive production market, but most the overpumpers are not operating so freely any more and eventhough total reserves are up, the market is more managed. Hence higher profits.