ultimagtr
2008-10-16, 04:17
Ok you conspiracy nuts. If you want to know a real conspiracy that for real and is not based on flimsy evidence or Mayan calender garbage; it is peak oil. Most people have never even heard of the term, but for many it will define the better part of you life.
The world consumes 86 million barrels of oil a day. Despite massive price increases in crude, that number has not risen since 2005. As oil fields age, their production resembles a bell curve. In the beginning the oil comes out easily, but after a while the production starts declining requiring expensive pumping and extraction techniques to pump out the second half. World oil discoveries peaked in 1964, and have been declining ever since. We are at peak oil, and this has profound implications.
Peak oil is not about running out of oil. Rather, it is the point at time at which oil production has reached a peak, and will likely plateau for years and then begin an irreversible path downward.
Make no mistake about it, we are in the heart of the oil age. The constant exponential growth our economy has demonstrated for almost a century is almost entirely due to oil, and the surplus energy it provides. Since we are at peak oil or close to it, this has profound implications for you and you life.
What does PO mean for you? Well it means that hyperinflation, massive increases in crime, severe social unrest, famine, black markets, martial law, massive die offs and other problems will consume much of your life.
When will all this happen? Well the oil supply is going to remain extremely tight with only around 200mbpd excess capacity until 2011. 2011 oil production will actually decrease, and yes this is factoring in tar sands and biofuels. This means you only have a couple years to prepare for massive full scale SHTF TEOTWAWKI.
Is it really going to be that bad? Well estimated vary, but PO will defiantly will be TEOTWAWKI. Whether or not we have massive full scale SHTF is up for debate, but I'm not taking any chances.
The world consumes 86 million barrels of oil a day. Despite massive price increases in crude, that number has not risen since 2005. As oil fields age, their production resembles a bell curve. In the beginning the oil comes out easily, but after a while the production starts declining requiring expensive pumping and extraction techniques to pump out the second half. World oil discoveries peaked in 1964, and have been declining ever since. We are at peak oil, and this has profound implications.
Peak oil is not about running out of oil. Rather, it is the point at time at which oil production has reached a peak, and will likely plateau for years and then begin an irreversible path downward.
Make no mistake about it, we are in the heart of the oil age. The constant exponential growth our economy has demonstrated for almost a century is almost entirely due to oil, and the surplus energy it provides. Since we are at peak oil or close to it, this has profound implications for you and you life.
What does PO mean for you? Well it means that hyperinflation, massive increases in crime, severe social unrest, famine, black markets, martial law, massive die offs and other problems will consume much of your life.
When will all this happen? Well the oil supply is going to remain extremely tight with only around 200mbpd excess capacity until 2011. 2011 oil production will actually decrease, and yes this is factoring in tar sands and biofuels. This means you only have a couple years to prepare for massive full scale SHTF TEOTWAWKI.
Is it really going to be that bad? Well estimated vary, but PO will defiantly will be TEOTWAWKI. Whether or not we have massive full scale SHTF is up for debate, but I'm not taking any chances.