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Page added on October 1, 2012
Stuff They Don’t Want You To Know – Peak Oil
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7 Comments on "Stuff They Don’t Want You To Know – Peak Oil"
gandolf on Mon, 1st Oct 2012 8:43 pm
Shcoking quality
Out of date and factually incorrect
SOS on Mon, 1st Oct 2012 10:15 pm
A propaganda film that fails to explain the trillion barrel number is only todays estimate by a PB engineer. Probably low, but it is only the best estimate for today. It represents about a 50 year supply at todays demand rate. If demand is higher the supply wont last as long. If its low enough it could be all we ever need.
I dont think anyone is keeping a secret when they say the supply number will stay approximately the same: We will always have a 50 year supply in front of us give or take a decade or two. The past bears this fact out.
If propaganda like this film were true they would have been right a long, long tima ago. They were wrong and misled about everything they have presented except of course their own agenda.
BillT on Tue, 2nd Oct 2012 2:15 am
Ah yes, always “MORE” out there somewhere. Yes, there may be trillions of barrels of oil left in the ground, but if it is not recoverable, it may as well not exist. A cup of oil in a ton of rock adds up to many barrels, but the energy to recover it adds up to multiples of the same many barrels of oil energy. EROEI.
The oceans of the world contain more gold and other minerals than have been mined in all of history, but it will stay there because recovery is more expensive energy wise than the metal would be worth. Again, EROEI.
Cloud9 on Tue, 2nd Oct 2012 10:53 am
SOS if you have not noticed the decline since 05, then you should look a little closer.
BillT on Tue, 2nd Oct 2012 11:22 am
SOS ignores reality and facts.
SOS on Tue, 2nd Oct 2012 4:04 pm
The decline? The reality is that more conventional resources are now under developement than the entire 50 year supply. They are starting to come on line now. There is heavy politics against this development. If this were to change conventional energy resources would increase on a more rapid pace. The 50 yr supply could grow to 60 years rather quickly, all they need is a 10% increase.
Right now it looks like the 30-60 year future supply range is a comfortable place to be. It keeps prices in check and provides enough time to bring new resources on line.
The reality? Look at NGas. That infrastructure is starting to come on line. You will see more and more applications of NG in the economy as the infrastructure to use it is further developed.
DMyers on Wed, 3rd Oct 2012 4:06 am
I must inerject a word about SOS’ confusion about conventional oil. SOS argues that if an intermediate distillate of an extracted hydrocarbon is light and sweet, it is conventional oil. Conventional refers to the nature of the resource itself, especially the ease with which it is extracted. The resources now under development are, by definition, unconventional. Conventional oil gushes. Unconventional oil must be coaxed. And the coaxing process requires a sum of energy that diminishes its utility in direct comparison with conventional oil.