[ralfy]

About the Bloomberg article, the catch is that what will be used to make up for oil requires oil.

[warpig13]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('warpig13', '')$this->bbcode_second_pass_quote('AdamB', '
')See what I mean, about conspiracy nutters not being worth talking to about peak oil? Why you CAN'T talk about peak oil coherently? Apparently data just doesn't have much meaning to you, so you just make it up as you go along, and those of us who know better are only left with giggling about Happy McDoomers and how they make the entire Church look bad.

[warpig13]

$this->bbcode_second_pass_quote('GHung', '[')size=150]The peak no one saw coming[/size]

By Tom Randall and Hayley Warren
December 1, 2020
$this->bbcode_second_pass_quote('', '
')A year ago, if anyone in the petroleum business had suggested that the moment of Peak Oil had already passed, they would have been laughed right off the drilling rig. Then 2020 happened.

Planes stopped flying. Office workers stayed home. “Zooming with the grandkids” replaced driving to see family. A year of global hunkering yielded the sharpest drop in oil consumption since Henry Ford cobbled together the first Model T. At its worst, global demand dropped by a staggering 29 million barrels a day.

As a once-in-a-century pandemic played out, British oil giant BP Plc in September made an extraordinary call: Humanity’s thirst for oil may never again return to prior levels. That would make 2019 the high-water mark in oil history.

BP wasn’t the only one sounding an alarm. While none of the prominent forecasters were quite as bearish, predictions for peak oil started popping up everywhere. Even OPEC, the unflappably bullish cartel of major oil exporters, suddenly acknowledged an end in sight—albeit still two decades away. Taken together these forecasts mark an emerging view that this year’s drop in oil demand isn’t just another crash-and-grow event as seen throughout history. Covid-19 has accelerated long-term trends that are transforming where our energy comes from. Some of those changes will be permanent......

[warpig13]

$this->bbcode_second_pass_quote('Pops', 'B')ut beyond that, when I pull my coal-roller up to the pump, it doesn't matter a whit to me whether I fill up from a vertical, horizontal, stimulated, fracked; foreign or domestic well; an oil/gas/tar, corn or turkey gut source, as long as I can afford the fare.

The problem with PO is all the original pundits (Hubert/Campbell/Laherrere/ etc) assumed past performance could predict future results, i.e., that the Hubert linearisation was a crystal ball. Turns out it isn't. It really can't predict ultimate production, reserve growth, discovery or technology. Which doesn't negate the premise—extraction of any finite resource will have a beginning, middle and end and at some point there will be a point of maximum production, a peak—it merely puts Peakers in the same boat as everyone else.

Which, as we all know about conspiracists, is where we hate to be, LOL The idea that covid and PO are the new tool of the global commie plot is... just another example. If you get to thinking: "oohh! I'm special, I know the REAL truth and billions of others are blind!" you'd better check yourself.

[warpig13]

I think I've watched this 8 times... what an amazing video.

https://www.youtube.com/embed/VOMWzjrRiBg

[Newfie]

While the recent posts are interesting they would be better placed on another thread, so I moved a bunch of posts to a thread titled:
Peak Oil - 2020 Fore Sight

[warpig13]

I'm seeing this same bell curve everywhere I look... it's not just crude... The world is at peak EVERYTHING.




https://www.sciencedirect.com/science/a ... 4913002747

[Newfie]

LTG dude.

Now assume you are not the smartest person running the world. They are in Davos. What would they do?

Look around at what country has the greatest control of the largest population. How did they do it? How can we emulate them?

China.
Cultural Revolution, sow fear and distrust. Only gov is trust worthy.
Invent the Social Credit System.
Incorporate health checks to control peoples movements.

Extrapolate forward a solution.

Western Civ.
Great Reset to eliminate Capitalisim, enhance globalism.
Fear of Corona, fear of one another. Trust gov only.
Already have capital credit system, need to expand.
Invent Health Passports to control peoples movements.

[Pops]

$this->bbcode_second_pass_quote('warpig13', '')$this->bbcode_second_pass_quote('Pops', 'B')ut beyond that, when I pull my coal-roller up to the pump, it doesn't matter a whit to me whether I fill up from a vertical, horizontal, stimulated, fracked; foreign or domestic well; an oil/gas/tar, corn or turkey gut source, as long as I can afford the fare.
Why are you even here? - Rhetorical!

Of course it matters when CONVENTIONAL oil peaks... because the US and German military have predicted the breakdown of modern society once supplies notably decline.

[warpig13]

I kind of get what they're doing... in a world where we're at peak resources, financialisation and population - you've got to do something... the world leaders are supposed to see this shit coming and take corrective measures to make sure civilisation doesn't walk off a cliff...

Initially, they'll work together thinking they can share the remaining resources, keep everyone safe and fed... but how long will it last? There are rumours of famine starting to appear next year... and I'm not surprised considering both the extreme weather in places like Oz and China, but what isn't excusable is farmers having to plough over their crop because restaurants and other food outlets have been closed because of Covid restrictions... This has been happening worldwide. There's a YouTuber called "Iceage Farmer" that has a good handle on this...

https://www.youtube.com/watch?v=amauVOikHy0

My main issue with everything is they can't do this without telling the people our resources are running out... some honesty... Yes there will be some panicing... yes there will be price volatility... but it's not the end of the world, just the end of the old world. People will come to their senses and they will be on board with it... they'll have to be. What will lead to violence will be more lies, billionaires keeping their wealth, when the majority are much closer to the breadline... the middle class are being disappeared and there will be a price for that.

I would rather face anything than have my civil liberties curtailed... This won't end well...

[Pops]

Governments won't work together, have you been sleeping the last decade?
The US can't even work with itself.
IMO the best you can do is figure out your own strengths and weaknesses and mitigate the things you worry about most, starting with the easiest.
Then go to the planning forum and relate you experience.

[Newfie]

An article from our home page.

https://peakoil.com/generalideas/the-great-reset

[Newfie]

Pops,

Your post was not deleted but moved to a Peak Oil thread along with a bunch of other posts that were peak oil only related.

The Great Reset is a different topic, of which oil is a single component.

The Great Reset has more to do with leveraging Covid to restructure finance (in some unexplained way), to foster globalization, and to impose travel restrictions through Health Passports.

Just trying to give this topic, The Great Reset, some air space.

The link to the new thread was provided above. Exactly where to make the cut in this thread was not clear, sorry if it confused you.

[Newfie]

Another home page article on the Great Reset.

https://peakoil.com/publicpolicy/could- ... s-problems

Does anyone have a link to some concrete Great Reset proposals. I know the WEF has funded the health passport being pushed by the International Airline Organization (or something similar.). But other than that all I have heard have been very broad, sweeping, statements.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('warpig13', '')$this->bbcode_second_pass_quote('GHung', '[')size=150]The peak no one saw coming[/size]

By Tom Randall and Hayley Warren
December 1, 2020
$this->bbcode_second_pass_quote('', '
')A year ago, if anyone in the petroleum business had suggested that the moment of Peak Oil had already passed, they would have been laughed right off the drilling rig. Then 2020 happened.

Planes stopped flying. Office workers stayed home. “Zooming with the grandkids” replaced driving to see family. A year of global hunkering yielded the sharpest drop in oil consumption since Henry Ford cobbled together the first Model T. At its worst, global demand dropped by a staggering 29 million barrels a day.

As a once-in-a-century pandemic played out, British oil giant BP Plc in September made an extraordinary call: Humanity’s thirst for oil may never again return to prior levels. That would make 2019 the high-water mark in oil history.

BP wasn’t the only one sounding an alarm. While none of the prominent forecasters were quite as bearish, predictions for peak oil started popping up everywhere. Even OPEC, the unflappably bullish cartel of major oil exporters, suddenly acknowledged an end in sight—albeit still two decades away. Taken together these forecasts mark an emerging view that this year’s drop in oil demand isn’t just another crash-and-grow event as seen throughout history. Covid-19 has accelerated long-term trends that are transforming where our energy comes from. Some of those changes will be permanent......

[Newfie]

A Great Reset article promoting increased productivity. Sigh.

https://www.spiked-online.com/

[ralfy]

The point about timing is irrelevant because of lower demand. That is, the world was expecting high economic growth with demand at 115 Mbd by 2015. Instead, it barely reached 100 Mbd because the economy crashed due to rising debt, leading to weak economic growth throughout.

[Newfie]

And yet another story (propaganda line) touting the Great Reset.

https://www.theindianwire.com/business/ ... er-300876/

[aadbrd]

$this->bbcode_second_pass_quote('Pops', '
')Governments won't work together

[AdamB]

$this->bbcode_second_pass_quote('aadbrd', '')$this->bbcode_second_pass_quote('Pops', '
')Governments won't work together