A Crude Awakening

[Fordman1]

I just saw the documentary above and it is a real eye opener.

Basically it discusses the situation which is called 'Peak Oil Production'. ie: the point in time when the maximum oil produciton occurs after which it starts to reduce because of dwindling oil reserves.

The theory is it will happen in the next couple of decades.

With the emerging economies in China, India, etc, the demand for energy is skyrocketing and will continue to grow almost exponentially in the future. There will be a time when the energy needs of the world will no longer be able to be filled (oil is consumed at about 50 billion barrels per day !!!).

Alternate energies such as wind, nuclear etc will not be able to supply anywhere near the cheap energy that oil and fossil fuels do. If the 'peak' comes in the next 20 years mankind is in for a real shock and the way in which we are accustomed to living will change VERY, VERY DRAMATICALLY !!

If you get the opportunity to check the doco out do it. It's at some theatres but should also be on the web somewhere I imagine.

Here's the review from the 'Age'.

http://www.theage.com.au/news/film-r...414448790.html

[SiKoRa_eL_97]

interesting.

[Green X]

yeah there is a bit on the net about this topic if you google it, it's hardly new, But this is probably the first Documentary on it.

[Fordman1]

Here's a good article on the subject from last Thursday.

http://www.news.com.au/story/0,23599,21910938-2,00.html

[Bossxr8]

If it does reach its peak won't that mean there is still enough to last another 100+ years. I know that they won't have enough to reach demand and all the chaos that goes with it, but after hearing all the crap about all the oil running dry within a few decades isn't this just a load of crap then if it still hasn't even reached its peak. All the doomsayers keep saying there will be no oil in 20 years and everything will go Mad Max style.

Just a thought, don't shoot me down. Probably seems like a dumb thing to say but its worth discussing.

[Fordman1]

Originally Posted by Bossxr8

If it does reach its peak won't that mean there is still enough to last another 100+ years. I know that they won't have enough to reach demand and all the chaos that goes with it, but after hearing all the crap about all the oil running dry within a few decades isn't this just a load of crap then if it still hasn't even reached its peak. All the doomsayers keep saying there will be no oil in 20 years and everything will go Mad Max style.

Just a thought, don't shoot me down. Probably seems like a dumb thing to say but its worth discussing.

Good point. I've been thinking about it since I watched the doco.

For a 100 years only a small number of the worlds country's were big users of oil.

Now the world population is 5 times of what it was at the turn of last century and EVERYONE is using Oil now. If you understand "bell curves" then the last hundred years did not see a constant usage it was increasing from year to year. The usage now is 1000's of times larger than it was say 60 years ago I imagine.

So there is some logic to the theory especially since half of the world population is only NOW becoming industrialised and using oil and it's products in large amounts. China has about a fifth of the worlds population and it's economy is growing at 10%. Until the 1990's the main mode of transport was the push bike from what i hear.

Oil is a finite resource and we depend so much on it - it'll run out sometime.

I'm not sure what the future has in store but I think we've seen the best times......

Just my thoughts too.

[Falcon Freak]

Life as we know it will be very different by 2050.

FF

[Tote]

And in the 1980s when they released the 4 cylinder Commodore oil was going to run out in 10 years too........
Except back then there was only the seven o'clock news to make people afraid, now we have the internet where anyone with a barrow to push can create a name for themselves buy peddling fear uncertainty and doubt.
Regards,
Tote

[mcflux]

Originally Posted by Falcon Freak

Life as we know it will be very different by 2050.

FF

I wonder what internet porn will be like in 2050?

[Duke]

Originally Posted by Ghia5L

I wonder what internet porn will be like in 2050?

I'm guessing virtual reality will eliminate internet porn. You'll be able to create your own woman/man/he-she whatever you're into and have a virtual experience that eliminates the risks of infection, disease, etc etc etc...

If you've seen the show "Bones" where the dead are re-created in a virtual environment in the lab....

On the subject of the oil, my broker wanted me to watch this, anyone know if this clip is available on the net somewhere to watch?

[Fordman1]

Originally Posted by OpTrader

On the subject of the oil, my broker wanted me to watch this, anyone know if this clip is available on the net somewhere to watch?

It looks like it's on Mininova.

[mcflux]

Originally Posted by OpTrader

If you've seen the show "Bones" where the dead are re-created in a virtual environment in the lab....

/Ghia5L channels South Park

<FBI agent 1> "And this is the sound of the grave robber making love to your dead grandma's eye socket"
<FBI agent 2> (fists half empty mayo jar)

[Flouro_Joe]

Let me guess, It's all China's fault. Or should that be American and Australian fuelled investment in China's fault?
Nother like the media to put the fear of driving a 4 cylinder Commodore into you, hey.

[Auslandau]

Originally Posted by Flouro_Joe

Nother like the media to put the fear of driving a 4 cylinder Commodore into you, hey.

I wasnt worried before but now I am shitting my self!!!!!!

Cant wait till cars go nuclear ...... that should brighten things up a bit. I dont really remember as I was too young but this was all going on 30 years ago ..... so much doomsday stuff and all too hard to know or which side to take!



| [/url] |

[exrtnz]

Originally Posted by auslandau

I wasnt worried before but now I am shitting my self!!!!!!

Cant wait till cars go nuclear ...... that should brighten things up a bit. I dont really remember as I was too young but this was all going on 30 years ago ..... so much doomsday stuff and all too hard to know or which side to take!

Yeah true, nuclear powered cars , now that would be ineresting. Leave it the scientists they'll work something out. Some different kind of fuel maybe that has the economy 4 to 5 times that of diesel.

[Auslandau]

Originally Posted by exrtnz

Leave it the scientists they'll work something out. Some different kind of fuel maybe that has the economy 4 to 5 times that of diesel.

I would put money on the fact that it has well and truley been done too. But countries are at stake regarding oil ...... not just large companies!



| [/url] |

[Green X]

You can't go listening to the media too much as they will never give you the full truth, remember by last Christmas we were meant to be paying $2 a litre that was being flashed all over the news, What a shock it never happened.

Point is there is still a bit of Oil out there, the thing is these reserves are hard to tap and also expensive to extract when compared to current wells, sheal oil reserves is one such example, presently it’s not cost effective to extract it but as price raises it will be.

How long it will last who knows, it's all guessing by the "Experts" but I wouldn't go hitting the panic button just yet.

[Fordman1]

Originally Posted by Green X

Point is there is still a bit of Oil out there, the thing is these reserves are hard to tap and also expensive to extract when compared to current wells, sheal oil reserves is one such example, presently it’s not cost effective to extract it but as price raises it will be.

I think that's also the point. In the next 10 years fuel is going to get a lot more expensive, and the demand for it is going to grow heaps. Everything will become a lot more expensive.

In the end though it's going to run out. Maybe not 10 years, maybe not 20 but it will. The ramifications are huge. 98 % of transport relies on oil (air, land, sea).

Like I said above the doco includes a lot of interesting details and facts.

[XCSEDAN]

i'm sick of this crap.... bugger off the greenies and there would be plenty more oil...
theres plenty left that we can't touch cause of them....
then agains there's tonnes there that we can... i think i may open my own oil rig... TnT high octane fuel anyone??? standard unleaded will be 105 octane :P