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InvisibleTien
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Hubberts Peak Theory
    #5273468 - 02/07/06 01:14 PM (17 years, 11 months ago)

So...it is now the year 2007
In 1956 Mr. Marion King Hubbert came up with a wonderful theory that US oil produce will peak in the 70's and the worlds by 2000. He was correct about US, the oil production peaked in '71. However, he did not account for the 70's oil shocks which is why his predictions about world peak are a little behind the schedule.



The black stuff is running out. Russia's production peaked in '87 and Britain's in the late 90's. In fact, most of the world has already peaked...excluding the middle eastern oil fields that is :eek:.

The facts are these: we are running out of oil and there isn't any new black gold to be discovered...this will lead to a major global economic collapse.



The industrial nations are going to be hit the hardest. Unemployment, civil unrest, scarce amounts of food are going to be available.

All pesticides are oil based, all machinery that is used in food production is depended ENTIRELY on fossil fuel. It takes 10 fossil fuel calories to produce 1 nutrition calorie...so what are we to do?

Could our industrial utopia be just a little spike in the history of mankind?


Everyone knows this has been long time coming.

"That means by 2010 we will need in the order of an additional fifty million barrels a day"
-VP Dick Cheney, 1999


...and the funny part is, no one seems to be concerned...these facts have been so censored it isn't even funny.

Pluto



p.s. go ahead and google "peak oil"


Edited by Plutonium (02/07/06 01:16 PM)


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InvisibleBoom
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Re: Hubberts Peak Theory [Re: Tien]
    #5273476 - 02/07/06 01:16 PM (17 years, 11 months ago)

It'll be interesting, that's for sure :yesnod:


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InvisibleCowgold
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Re: Hubberts Peak Theory [Re: Tien]
    #5273484 - 02/07/06 01:20 PM (17 years, 11 months ago)

Hydraulic Fracturing will extend the life of the oil industry for a few more decades while we wean off this 'black gold'.


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Offlinegluke bastid
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Re: Hubberts Peak Theory [Re: Boom]
    #5273511 - 02/07/06 01:28 PM (17 years, 11 months ago)

Quote:

Booooom said:
It'll be interesting, that's for sure :yesnod:




Yeah, sounds pretty significant  :tongue:

any ideas?


--------------------
:hst:
Society in every form is a blessing,
but government at its best is but a necessary evil
 
- Thomas Paine


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OfflineFluShu
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Re: Hubberts Peak Theory [Re: gluke bastid]
    #5273536 - 02/07/06 01:37 PM (17 years, 11 months ago)

Personally, I'm looking forward to it.  I've learned about this at university and I had read about it before that, but it will just be the end of CHEAP oil keep in mind, not all fossil fuels.  They're researching ways to put liquid coal into cars, and the Canadian tar sands have more oil than all the middle east, just it's in the worst possible form making it expensive, but it's still there.  I think it will definately change everything, like we'll have no other alternative but to transition into some form of a sustainable, green economy, but I doubt people will actually be starving in the streets.  Just oil truks will start getting armed escorts that take them to the different farming sectors as we all do what we can to make money while keeping a small environmental foot print...  edible mushroom farming, anyone? :wink:


--------------------
Dosin' up my Dharma with a drop of gasoline.
There's a tome by Terrence McKenna in my Frontline Library


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OfflineFluShu
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Re: Hubberts Peak Theory [Re: FluShu]
    #5273541 - 02/07/06 01:39 PM (17 years, 11 months ago)

Also, the apocolypse factor will be reduced a lot by the oil companies themselves, just through price gauging. The closer the oil peak gets, the more oil they wont drill, because if they sell it after the peak hits it'll be worth a hundred times more


--------------------
Dosin' up my Dharma with a drop of gasoline.
There's a tome by Terrence McKenna in my Frontline Library


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InvisibleTien
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Re: Hubberts Peak Theory [Re: FluShu]
    #5273563 - 02/07/06 01:48 PM (17 years, 11 months ago)

Canadian oil sands will just be a hassle
the "energy returned to energy invested" rate for the oil sands is about 1.5:1 comparing to crude oils 30:1
...besides, in a situation like that, Im pretty damn sure Canadians are gonna want to hold on to their oil sands for domestic use.

I can almost smell the activity in the nuclear energy sector.

Pluto


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InvisibleRandalFlagg
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Re: Hubberts Peak Theory [Re: Tien]
    #5273612 - 02/07/06 02:02 PM (17 years, 11 months ago)

Do a search in the political forum for "Peak Oil". There are several threads about it in there. Also, trendal is our resident Peak Oil conspiracy theorist/expert.


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InvisibleDisco Cat
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Re: Hubberts Peak Theory [Re: RandalFlagg]
    #5273698 - 02/07/06 02:25 PM (17 years, 11 months ago)

I think the answer to oil depletage lies here.


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InvisibleRandalFlagg
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Re: Hubberts Peak Theory [Re: Disco Cat]
    #5273775 - 02/07/06 02:43 PM (17 years, 11 months ago)

QUACK! QUACK!


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InvisibleSilversoul
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Re: Hubberts Peak Theory [Re: Disco Cat]
    #5273826 - 02/07/06 03:00 PM (17 years, 11 months ago)

Quote:

Disco Cat said:
I think the answer to oil depletage lies here.



I know that these guys have some good ideas.


--------------------


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InvisibleCowgold
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Re: Hubberts Peak Theory [Re: Tien]
    #5273916 - 02/07/06 03:31 PM (17 years, 11 months ago)

Quote:

FluShu said:
it will just be the end of CHEAP oil keep in mind





More expensive means of oil production will be introduced to compensate for the low production. There's plenty of oil left and we won't run out in our lifetimes. Anything showing otherwise has an agenda, false. It will just become very expensive.


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Offlinedanlennon3
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Re: Hubberts Peak Theory [Re: Cowgold]
    #5273942 - 02/07/06 03:45 PM (17 years, 11 months ago)

sucks for us humans... well if we are gone, it will give the rest of the world a chance to live


--------------------
"Psychedelics should be used not to escape reality, but to embrace it"



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InvisibleVoidOfsPg
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Re: Hubberts Peak Theory [Re: Silversoul]
    #5273960 - 02/07/06 03:48 PM (17 years, 11 months ago)

Wow I'm so stoned and I've been reading through Bruce DePalma's work.

The N-Machine sounds like a very interesting concept.

http://www.mufor.org/nmachine.html

The US wont allow people to patent the machine because it creates more energy than it consumes - which totally defies the current laws of physics. The US isn't interested in Free Engergy.

"Other scientists-inventors who attempted to build and operate free energy machines have been intimidated and harassed by the U.S. government. At least one inventor had his device confiscated by the Defense Department on the grounds that its free energy technology endangered national security interests. This inventor was put under a gag order, so that he could not even tell the press that his N machine had been confiscated. This is ironic when one considers that the idea for the N machine came directly from a famous experiment performed by Michael Faraday in 1831."

(Faraday is the man who discovered induction and the measurement of capacitance was named after him.)

It's a very interesting read. :thumbup:


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InvisibleVoidOfsPg
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Re: Hubberts Peak Theory [Re: VoidOfsPg]
    #5273965 - 02/07/06 03:51 PM (17 years, 11 months ago)

"One day man will connect his apparatus to the very wheel work of the universe... and the very forces that motivate the planets in their orbits and cause them to rotate will rotate his own machinery"

-Nikola Tesla


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InvisibletrendalM
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Re: Hubberts Peak Theory [Re: Tien]
    #5274828 - 02/07/06 07:30 PM (17 years, 11 months ago)

www.peakoil.com

The issue attracts a lot of "doomers" who would have you believe that our entire civilization is about to decompose overnight :smirk:

As always if you can wade through the bullshit, the truth remains. We are fucked, but it's not the end of the world.


--------------------
Once, men turned their thinking over to machines in the hope that this would set them free.
But that only permitted other men with machines to enslave them.


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InvisibleSilversoul
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Re: Hubberts Peak Theory [Re: trendal]
    #5274859 - 02/07/06 07:39 PM (17 years, 11 months ago)

Quote:

trendal said:
As always if you can wade through the bullshit, the truth remains. We are fucked, but it's not the end of the world.



I understand that, but how fucked? Will we stop having electricity in our homes? Will we have to use trains or horse and buggy? How far is it going to set us back?


--------------------


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InvisibletrendalM
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Re: Hubberts Peak Theory [Re: Silversoul]
    #5274881 - 02/07/06 07:48 PM (17 years, 11 months ago)

That's not something I think anyone can answer, at least not this early. This is not going to be something sudden. It will take decades. Some people will probably lose electricity for at least periods of time. Almost everything depends on where you live and how that area can cope with a decreasing energy supply.


--------------------
Once, men turned their thinking over to machines in the hope that this would set them free.
But that only permitted other men with machines to enslave them.


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OfflineRebirtha
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Re: Hubberts Peak Theory [Re: VoidOfsPg]
    #5274884 - 02/07/06 07:48 PM (17 years, 11 months ago)

That N Machine is pretty interesting, I hope to hear more about it.


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InvisibleTien
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Re: Hubberts Peak Theory [Re: Silversoul]
    #5274891 - 02/07/06 07:50 PM (17 years, 11 months ago)

Quote:

Paradigm said:
Quote:

trendal said:
As always if you can wade through the bullshit, the truth remains. We are fucked, but it's not the end of the world.



I understand that, but how fucked? Will we stop having electricity in our homes? Will we have to use trains or horse and buggy? How far is it going to set us back?




That's what I am wondering. I think there is only one answer to that; only time will tell.
Im pretty sure that the folks down in Bolivia and Chile wont feel it as much as say US and Britain.

Pluto


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InvisibleVoidOfsPg
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Re: Hubberts Peak Theory [Re: Rebirtha]
    #5274920 - 02/07/06 07:55 PM (17 years, 11 months ago)

http://www.peakoil.com/article11752.html

Budget doesn't allocate funds to build oil reserve
Public Policy; Political and Legal NewsPresident proposal has no provision to satisfy Congressional requirement that strategic reserve grow to 1 billion barrels.

WASHINGTON (Reuters) - Congress is requiring the Bush administration to add almost 300 million barrels to the nation's emergency oil stockpile, but the White House on Monday did not seek money to buy the crude in its proposed budget for the 2007 spending year sent to Congress.

In sweeping energy legislation signed into law last year, Congress required the administration to boost capacity of the Strategic Petroleum Reserve to 1 billion barrels from its current 727 million barrels.


The stockpile was created by Congress in 1975 after the Arab oil embargo. It currently holds about 684 million barrels of crude in underground caverns at four sites in Texas and Louisiana.

The administration loaned 9.8 million barrels of crude to oil refineries and sold another 11 million barrels last autumn after Hurricane Katrina disrupted supplies.


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OfflineFluShu
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Re: Hubberts Peak Theory [Re: VoidOfsPg]
    #5275600 - 02/07/06 10:27 PM (17 years, 11 months ago)

Too much of a hassle? I already agreed with you that everything will change, but saying too much of a hassle suggests the tar sands wont be tapped, which is absurd because they're already doing massive extractions of the place. I'm just saying there's going to be enough oil left to prevent cannabalism in the streets :P


--------------------
Dosin' up my Dharma with a drop of gasoline.
There's a tome by Terrence McKenna in my Frontline Library


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InvisibleJellric
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Re: Hubberts Peak Theory [Re: FluShu]
    #5278391 - 02/08/06 04:49 PM (17 years, 11 months ago)

Even at full production they won't be able to extract much more than a couple million barrels of oil per day through oil/tar sands by the year 2015.

http://www.energybulletin.net/358.html

Global consumption is over 80 mil/day- you're talking literally about a drop in the bucket. Negligible impact on price since demand grows each year with Chindia industrializing at unheard of rates. We are projected to need 120 million barrels per day by 2020. Think about that.

Given human nature, I expect little will be done about this huge problem until it knocks us on our asses. In the intervening years we will experience massive economic and geopolitical disruptions. Have a nice day.  :laugh:


--------------------
I AM what Willis was talkin' bout.


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InvisibleTien
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Re: Hubberts Peak Theory [Re: Tien]
    #9740596 - 02/05/09 01:00 PM (14 years, 11 months ago)

Blast from the past.
Who knew..I was right =D


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