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
We’ve already burned through almost half the world’s supply of oil. How will we ride out the slide down the other side of Hubbert’s Curve? For more information, go to: http://thefuelfilm.com/ , http://www.chrismartenson.com/crashcourse , and
The U.S. is vulnerable and the government is unprepared for unacceptably high risks of oil supply shock, with Matthew Simmons, Simmons & Co. International chairman; John Kilduff, Fimat USA Energy Risk Management senior vice president and CNBC’s Bob Pisani
http://www.energyandcapital.com editor Chris Nelder (Peak Oil Expert and author of Profit from the Peak) talks about Oil Company Profits and whether the U.S. Government should consider a windfall profits tax on Oil Companies.
We are entering the Peak Oil era. The growth of oil production is slowing, driving up oil and gasoline gas prices, firing inflation, driving unemployment, straining our global economy, and threatening to collapse our entire system. We are reaching Peak Oil and we are unprepared. Teacher Aaron Wissner, in a compact 10 minutes video summary, details Peak Oil, the evidence, the impacts, and the solutions. See the full one-hour video at LocalFuture.org. Also, at YouTube, see the conclusion, of that presentation, part 5 of 5, which highlights the impacts, underlying problem, and solutions to Peak Oil.
A Link TV special: The new feature-length documentary Crude Impact directed by James Wood examines how deeply our current existence relies on fossil fuels, and the cost that extracting oil has had on indigenous populations and the environment. Visit www.linktv.org to learn more about a live web chat about the film.