Chapter 17a – Peak Oil: Energy is the lifeblood of any economy and a steady supply of energy is necessary to maintain the status quo, while an ever-increasing supply is needed to grow an economy. In this chapter, Dr. Chris Martenson explains that Peak Oil is not a theory, rather it is a description of how oil production increases over time, reaches a peak, then declines. Evidence points to a global production peak in the near future, which is troubling since the U.S. imports two-thirds of its oil and relies on it to much of its transportation and food production needs.
http://www.chrismartenson.com
Duration : 0:17:53
[youtube cwNgNyiXPLk]
September 2nd, 2009 at 2:36 am
we are seriously f* …
we are seriously f*cked.
September 2nd, 2009 at 2:36 am
Russia is not less …
Russia is not less trustworthy than the hostile muslim countries world is currently supporting by purchasing their ol.
September 2nd, 2009 at 2:36 am
I am saying that …
I am saying that oil is not for heating.
September 2nd, 2009 at 2:36 am
OK, so what is the …
OK, so what is the supposition here? That people will continue to use oil, no matter how expensive it becomes, until it is all used up?
No. When the cost per benefit of using oil approaches that of using an alternative resource to achieve the same end, that alternative resource will be employed.
Granted, oil consumption will be and is already being propped up through political means, at great cost in human life and property. But not even that can continue indefinitely.
September 2nd, 2009 at 2:36 am
Energy has …
Energy has different qualities depending on how compact it is. Heat is the lowest level.NASA knows rocetfuel will never be stored in batteries or some atomic steamengine,the same problem in cars.The one who can store electricity better than todays batteies(ligther,smaller and cheaper)will be my hero.Yes oil is compact energy
September 2nd, 2009 at 2:36 am
Russia like Norway …
Russia like Norway have already peaked but there is plenty of gas exported to Europe in pipes for years and years to come.The problem is that Russia is not to be trusted.
September 2nd, 2009 at 2:36 am
I’m wondering what …
I’m wondering what this means for Russian economic strategy. If Russia is mainly exporting energy now, what will that mean for their future? Would that improve their economy once peak oil is confirmed because the price of oil would go up as supply goes down? Or would no one be able to afford it? My umption is that their economic troubles now are merely a headfake and they’re going to prosper as a result of this, but I’m not very well-read on this subject. What do you all think?
September 2nd, 2009 at 2:36 am
The Price System is …
The Price System is the problem. That system rewards bad behavior with money. Google Technocracy technate for an actual alternative, based on energy economics as in energy accounting. This is not a monetary system. Technocracy technate design considers our closed thermodynamic system and its limits
Google Technocracy and thermodynamics. M. King Hubbert the originator of Peak Oil wrote the Technocracy Study Course. Google that document for more information on the non sectarian/humanistic design.
September 2nd, 2009 at 2:36 am
Thanks for your …
Thanks for your comment.
In short , NO , but my point is that a large component of transportation usage relies on the mum and dad day to day car driving etc. This component can be subsidised by alt energy such as sun and battery as their power requirements are minimal in comparison. This also buys time for other technologys to develop further. Other more heavier users such as ships, planes should continue to use oil whilst they look into the development of Fuel cell technologies.
September 2nd, 2009 at 2:36 am
Er… Actually, yes …
Er… Actually, yes you can- provided that the place you put it in is very carefully chosen. Also, that nuclear “waste” isn’t actually completely unusable. The radioactive spent fuel that comes from a nuclear reactor can be reprocessed and used again. It’s actually quite difficult to run out of fissile material for nuclear reactors.
September 2nd, 2009 at 2:36 am
Are you suggesting …
Are you suggesting that solar energy can power importing ships and make planes fly? And what about all of the military traveling and vehicles?
September 2nd, 2009 at 2:36 am
The car analogy …
The car analogy seems way off. If you put a gallon of gas in your car and drive (depends on your vehicles MPG) 30 mile and ume you can push a car 2 mile a hour it would take 15 hours to return home. In the video he says 500 hours which is 33 times greater than the actual work load.
September 2nd, 2009 at 2:36 am
Absolutely …
Absolutely fantastic Chris. Thank you for your efforts sir!
September 2nd, 2009 at 2:36 am
Read – Last Light …
Read – Last Light
September 2nd, 2009 at 2:36 am
What’s wrong with …
What’s wrong with you people? Everyone talking about how we’re going to continue to drive and keep the lights on. That the least of our worries. How you’re going to eat should be your biggest worry pals. we literally eat fossil fuels. Our entire industrial ag model is based on cheap corn and soybean products, from cheesy poos to cool whip and beef, all due to cheap corn & cheap soy beans, which of course means cheap fossil fuels for fertilizers, pesticides, herbicides, transport and etc. ed!
September 2nd, 2009 at 2:36 am
Kohn, The sun will …
Kohn, The sun will need to be harnessed as an energy source to help us bridge the gap. However, in order to change out the entire infrastructure from oil to sun, would take decades. In the meantime, there is an approx. 3% demand increase & 3 % decrease in supply every year. Current use is 85bbpd. To make up 6% on 85bbpd with any alt. energy source any time soon is nearly impossible. Don’t forget about oil export countries that will be unable to export to us: ex: Cantarell – Mexico (1.3 mbpd)
September 2nd, 2009 at 2:36 am
coal to oil …
coal to oil liquifaction is our next big one, right now it is profitable to convert coal to oil, to get around this co2 problem they will need at least have to built two or three nuclear plants to heat up the coal to convert it, of course this is just another bridge at best but it sure beats the alternative. If everybody stopped using all the fossil fuels except coal we would have a supply of 47 years of the stuff. But thats not how it would work, they would use conventional with uncoventional
September 2nd, 2009 at 2:36 am
o Israel has killed …
o Israel has killed Americans (eg. Sailors on USS Liberty, Rachel Corrie, etc…)
o Israel spies on this country (eg. Pollard, Kadish, AIPAC, etc…)
o Israel bought our politicians with our taxes.
o Israel steals our taxes, hence their higher income.
o Israel uses our country as their toilet.
Want more? Checkout my playlist.
Please share this post with others, and demand that your Senator and/or Representative uphold the laws when it comes to Israel’s heinous crimes. Peace!
September 2nd, 2009 at 2:36 am
Chris fails to …
Chris fails to mention that transportation demand can be substituted by a very cheap energy source..THE SUN. Solar is overlooked in this chapter, we have the technology to make this a viable energy source.Its true not to mistake technology as a energy source, but when it provides a catalyst to unleash power that never runs out, this needs mention & could curb demand in the interim. I am not naive, I have oil in my portfolio partly because I have learnt that government behaviour is very reactive.
September 2nd, 2009 at 2:36 am
reprocess it as …
reprocess it as does france. simple
September 2nd, 2009 at 2:36 am
we need clean and …
we need clean and safe power not nuclear.
nuclear power creates nuclear waste. where do we put the waste? you cannot simply put it into the ground.
September 2nd, 2009 at 2:36 am
Normally, I would …
Normally, I would say yes. But our guv doesn’t exactly have a great record of responsibly managing waste or taking care of workers who have been exposed. But if you are willing to put the plant in your backyard and you don’t live near me, go for it.
September 2nd, 2009 at 2:36 am
Just think how bad …
Just think how bad things would be if we had no nuclear power plants.
We need Nuclear Power RIGHT NOW!!!.
Fusion power should be a top priority!!!
Use your brains people.
September 2nd, 2009 at 2:36 am
Look at what …
Look at what happened during Huircane Katrina in the US.
Or Rawanda.
I think history speaks for itself. I pray I’m wrong, but history has taught us some very valuable and very bloody lessons.
September 2nd, 2009 at 2:36 am
How do you think …
How do you think that will magically happen? Despite all the noise about renewables, its oil and gas that keep our lights on. I just wonder whats going to happen when the lights do go off.