[Synapsid]

Hi loveoregon.

It's good to see you here. Check out PeakOilBarrel.com too (Ron Patterson's site.)

[ennui2]

The economy is capable of going through shifts. After all, it's already shifted largely to an information-based economy. The actual need to "commute" is largely a leftover artefact of the 20th century.

[ROCKMAN]

Left over artefact? Obviously you don't deal with rush hour traffic. LOL. Lets take a poll: how many here DON'T drive to work?

[dolanbaker]

$this->bbcode_second_pass_quote('ROCKMAN', 'L')eft over artefact? Obviously you don't deal with rush hour traffic. LOL. Lets take a poll: how many here DON'T drive to work?

[Pops]

me,

a dozen years full time on every kind of connection you can imagine.

The real world isn't quite an artifact yet tho




Unfortunately, my gut tells me that the "information" economy is just the icing on the peak of the real, resource based economy.
The foam on the surplus energy laté as it were
The grunt at the end of the copious copulation
The finale of the energy slave operetta
...

[Revi]

According to Ron Patterson the decline has already begun:
http://peakoilbarrel.com

[Revi]

That's how I feel. I forgot about peak oil, like the rest of the country for a while, but now it's back in my psyche. Scary!

[ennui2]

$this->bbcode_second_pass_quote('ROCKMAN', 'L')eft over artefact? Obviously you don't deal with rush hour traffic. LOL. Lets take a poll: how many here DON'T drive to work?

[dolanbaker]

$this->bbcode_second_pass_quote('ennui2', '')$this->bbcode_second_pass_quote('ROCKMAN', 'L')eft over artefact? Obviously you don't deal with rush hour traffic. LOL. Lets take a poll: how many here DON'T drive to work?

[ROCKMAN]

dohboi - Not sure how it is in other industries but in the oil patch we quickly learned the FO factor of telecommuting was not acceptable. Yes...FO factor is the F*ck Off factor. It's already high enough when we're in the office checking the stock market or our latest fantasy football scores. LOL

[ennui2]

$this->bbcode_second_pass_quote('dolanbaker', '
')90% of my job could also be done from home, but no chance of being allowed to do so.

[Subjectivist]

Have you seen this?

[Pops]

Sub all that chart shows is a) the eia consistently underestimated shale output and b) that shale is unprofitable at this price and so being dialed back.

[Subjectivist]

$this->bbcode_second_pass_quote('Pops', 'S')ub all that chart shows is a) the eia consistently underestimated shale output and b) that shale is unprofitable at this price and so being dialed back.

[Pops]

Their last prediction is "AEO 2015 tight" in the legend, the little thin green line that shows slowing but continuing increase in output from now til 2020, then a slow decrease.

[Subjectivist]

$this->bbcode_second_pass_quote('Pops', 'T')heir last prediction is "AEO 2015 tight" in the legend, the little thin green line that shows slowing but continuing increase in output from now til 2020, then a slow decrease.

[Pops]

I think that's right. If we are in a supply-led surplus situation, when the surplus clears, the price will rise and production resume, regardless of whether the same guys are doing the producing or someone else.

That is, if there is profitable oil there at whatever price consumers can pay.

[tita]

$this->bbcode_second_pass_quote('Pops', 'T')hat is, if there is profitable oil there at whatever price consumers can pay.

[PeakOiler]

Just saw this article at Reuters:
Oil Prices Up 2% as US Drilling Falls

$this->bbcode_second_pass_quote('', 'O')il rose by more than 2 percent on Monday after data showed U.S. drilling slowed and a report said $1.5 trillion worth of planned production was uneconomic at current prices.