[Tikib]

Just as an aside I could probably build a working fission-fusion reactor that would provide energy cheaper than coal within a couple of years if I had say $100 million, access to the top nuclear scientists and authority to do whatever I wanted.

If goverments of the world have to declare martial law and then rush build primitive MSR and ICF plants then so be it.

[Tikib]

Hydrogen is my favourite transport fuel of the future unless batteries get significantly better.

[Keith_McClary]

$this->bbcode_second_pass_quote('Tikib', 'J')ust as an aside I could probably build a working fission-fusion reactor that would provide energy cheaper than coal within a couple of years if I had say $100 million, access to the top nuclear scientists ...

[Tikib]

Actually I started at yottawatts.net and ralphmoir.com about a year ago and I learnt that an economic fission-fusion reactor could have been built 20 years ago.

[StarvingLion]

"Top Nuclear Scientists"

You mean the same people who gave us the Tokamak fusion nonsense?

And just give us another 30 years?

Now we have the Elon Musk scammer and

"Just give me another 500 billion of free money to make a cheap battery"

[StarvingLion]

Anybody who believes we can get off of hydrocarbons and the ICE is a nutcase.

Batteries, nuclear reactors, solar cells, windmills, etc are for fools.

Drilling and refining technologies rule!

[Keith_McClary]

$this->bbcode_second_pass_quote('Tikib', 'A')ctually I started at yottawatts.net and ralphmoir.com about a year ago and I learnt that an economic fission-fusion reactor could have been built 20 years ago.

[Pops]

He'salready started a dozen

[Tikib]

I need to find somewhere else to say it that isn't peakoil.com I am going to move to twitter not enough people read it here.

And its more like half a dozen.

[ROCKMAN]

ralphy - Exactly right about the world having suffered for decades with the effect of PO...regardless of when that meaningless date occurs. Of course it was easier for many to appreciate the dynamics when oil bounced above $140/bbl. Much more difficult for many to appreciate the record breaking global oil production is part of the same dynamics. And naturally there are many so self-centered in their own micro-economy they can't appreciate what the vast majority of the planet suffers due to PO.

As I pointed out in a previous post many of the doomers and cornies are cut from the same cloth...just two sides of the same limited appreciation of the global oil situation. So focused on monthy or even yearly flucuations that support their individual positions. Naturally many would eagerly aurgue against this post. With the vast majority relativly new to the fossil fuel reality. I hate to sound like the know it all old fart lecturing all the "kids" out there but as I've pointed out before 40 years ago my first mentor at Mobil Oil pointed out the Peak Oil Dynamic he had already been dealing with for a number of years. Remember he had been struggling to find new convention US oil resources long be that US peak in 1971.

Think about it: when where many of those huge ME oil fields discovered: after it became apparent the age of new big US onshore oil discoveries had pasted. And when the push for expensive Deep Water began: after the age of big new onshore conventional resources had pasted. And when did the push for the even more expensive unconventional resources begin: after the Deep Water plays had reached a mature level of development.

And now the age of the unconventional resources has diminished significant when the price of oil collapsed. And to think so folks think we've dodged the PO bullet since we have record production and LOWER oil prices. As has been said before: falling off a 20 story building isn't the real problem...it's that sudden stop at the end of the journey. LOL.

We've been on our PO journey for more than 4 decades and it will continue on for many more decades. It's nice that so many newbies in the last 10 years have joined the conversation that the grunts in the oil patch have been having for most of the last half century. LOL

[Tikib]

From my point of view as young-un its a shame that we have to jump off the building at all, if after the oil crisis in 72 renwables and nuclear had been invested in heavily and continously by now we would have good energy solutions to all of the peak oil issues.

[SeaGypsy]

Exactly more or less what us old farts have been saying since we were young-uns.

[ennui2]

$this->bbcode_second_pass_quote('pstarr', '
')Be patient, Grasshopper. You should understand your sarcastic scenerio is enivitable.

[ralfy]

Some more points to consider:

Most don't want to suffer, which is why they will need basic needs which may still lead to overshoot given the current global population (which is much larger than it was decades ago):

https://theconversation.com/if-everyone ... uble-43905

On top of that, they have wants similar to what the current global middle class has:

http://www.bbc.com/news/business-22956470

and which the current global middle class also needs so that it can continue receiving its income and returns on investment. The same goes for those who essentially control the global economy:

https://www.newscientist.com/article/mg ... -the-world

Thus, in order to maintain the current global economy and population, if not to deal with a growing global middle class plus deal with environmental damage and global warming, we will need a production rate increase equivalent to one Saudi Arabia in new oil every 3-7 years.

With that, there is probably no need to wait for peak oil as some effects of it have been going on for decades and others will appear even before production peaks.

[ROCKMAN]

Tikib - So true. Imagine if they had increased the motor fuel tax just one penny per year since then. Besides having beaucoup revenue for highway repair the govt wouldn't have to mandate fuel efficiency for vehicles...the market place would have taken care of it. Even with that gasoline would be selling for around $3.20/gallon today...still much cheaper then the EU.

[sparky]

.
Rockman , Europe , and Modern Asia , loaded taxes on the back of the poor old hydrocarbon donkey for Zero results
beside the making of excellent fuel efficient cars ,
while the US of A let their car industry easily off and killed it with kindness .
but that's a marginal side effect ,
the oil age will finish when there will be no more cheap oil , never mind what the tax regime is

[ROCKMAN]

sparky - True but it's like the old joke about you and a friend being chased by a bear: it doesn't matter how fast the bear runs...it's how fast your friend runs that matters. That bear is going to eat your friend's ass (grind auto mobility into dust) and you get to carry on...until the bear also eventually catches up with you. LOL.

[GoghGoner]

One thing that never was pointed out in the 2000-2008 oil price run up is that it was a commodity super-cycle. It had nothing to do with oil supply. It was a spike based upon high money supply and the resultant fast global growth (then again, not quite sure about the growth effect on the super-spike ending in 2008, doesn't explain the magnitude of the increase). We were a bunch of linear thinkers. Now I have a greater appreciation for the whole system and I don't understand it a bit. Pops and I reached the same spot, it sounds like.