by KaiserJeep » Fri 27 Oct 2017, 16:43:08
Damn, things really are getting Apocalyptically Doomerish around PeakOil.com.
For the record, I'm a believer in the form of Doom that happens when we run out of FF's we can afford to burn. But we just peaked about a decade ago, and there are three to five decades of affordable FF's remaining.
All of you sense that something is approaching. Well that something is the price of oil (trading at US$54/barrel this week) gradually busting through 60/70/80/90/100 US$ per barrel. There will be the usual oscillations caused by speculators, futures traders, and the like. But over the next few decades, prices go up. As they go up, more and more existing but idle petroleum sources, not profitable before this point, come online and prices stabilize, even dip slightly.
The overall oil expense trend will cause grumbling in the Western or 1st World, and widespread starvation in the 3rd World. Best we finish Trump's wall quickly, and supplement it with armed drones in the sky, delivering quick death to those attempting to cross our border without visas.
It is the latest act in a civilization that peaked some decades ago and is presently in steady decline. But it's no surprise to any Forum members who have been paying attention, and who actually believe in a concept called Peak Oil.
KaiserJeep 2.0, Neural Subnode 0010 0000 0001 0110 - 1001 0011 0011, Tertiary Adjunct to Unimatrix 0000 0000 0001
Resistance is Futile, YOU will be Assimilated.
Warning: Messages timestamped before April 1, 2016, 06:00 PST were posted by the unmodified human KaiserJeep 1.0