[rider]

$this->bbcode_second_pass_quote('AFO', 'U').S. is not worried about peak Oil. You might ask why?

U.S. has primary access to Iraq oil & has secured access to Iraq's Oil through it's oil constitution. By 2010 Iraq will produce 3 million extra oil barrel per day, in terms of production.

I believe this will cover our shortage at least through 2015.
By 2015 hydrogen technology will be integrated in our infrastructure up to 80% level, specifically in the transportation industry. U.S.'s 25% oil consumption will be reduced to 15% level, due to less dependence on oil for our transportation industry.

After 2015 U.S. will not require to export any oil from the opec nations. Canada,mexico & Venezuala's oil exports should be sufficient enough for U.S. after 2015.

[dissimulo]

$this->bbcode_second_pass_quote('AFO', 'U').S. is not worried about peak Oil. You might ask why?
...
I believe this will cover our shortage at least through 2015.
By 2015 hydrogen technology will be integrated in our infrastructure up to 80% level, specifically in the transportation industry. U.S.'s 25% oil consumption will be reduced to 15% level, due to less dependence on oil for our transportation industry.

[benzoil]

$this->bbcode_second_pass_quote('AFO', 'U').S. is not worried about peak Oil. You might ask why?

U.S. has primary access to Iraq oil & has secured access to Iraq's Oil through it's oil constitution. By 2010 Iraq will produce 3 million extra oil barrel per day, in terms of production.

I believe this will cover our shortage at least through 2015.
By 2015 hydrogen technology will be integrated in our infrastructure up to 80% level, specifically in the transportation industry. U.S.'s 25% oil consumption will be reduced to 15% level, due to less dependence on oil for our transportation industry.

After 2015 U.S. will not require to export any oil from the opec nations. Canada,mexico & Venezuala's oil exports should be sufficient enough for U.S. after 2015.

[killJOY]

I love Bakhtiari as well and wrote a piece defending him on the Oil Drum:

Bakhtiari vs Freddy the Liar

Bakhtiari is blunt without being hysterical, resigned without being defeatist.

[MattSavinar]

$this->bbcode_second_pass_quote('dhfenton', '
')
I don't see it as an insurmountable, run for the hills type of calamity, unless governments turn it into one with their war machines.

[AFO]

U.S. has survived 37 years of its own post oil peak, with minor energy shortages or setbacks here & there. Yes we'll have some rough months here & there between 2010-2015, but nothing significant that U.S. economy cannot obsorb.

If you study oil usage consumption regression in the transportation industry, it perfectly matches the the same ratios of increase in future U.S. demand for oil in other sectors & industries.

BTW: we do have economists that have figured out all these ratios in advance. My previous econmic professor from Univ. of Denver was one of the consultants for Dept. of Energy.

The only thing U.S. needs to worry about between 2010-& 2015 is inflation over 3% levels & unemployment higher than 20% level.

[DantesPeak]

After oil export controls were removed on Iraq, Iraq’s oil production improved – reaching even more than 3 million bpd shortly before the 2003 war started. Somewhat amazingly, more than 90% of Iraq’s oil was sent to its ‘enemy’, the US, in the year or so run up to the war.

I severely doubt that Iraq’s oil production can be brought up to 2003 levels by 2010, even though the US will have spent $1,000,000,000 on Iraq by then. But if so, we would only be back to where we were in 2003, while other countries continue to peak out and decline. There was an article in today’s news about how a number of smaller Persian Gulf countries are preparing for oil exports to fall to zero in 10 to 15 years.

Anyway, great article, and I hope to hear more from Bakhtiari.

I expect that US citizens will be awakened from their energy slumber quite soon because, as Simmons stated earlier this year, failing infrastructure may reduce utilization of oil faster than the theoretical amount of oil that can be extracted. In particular, we have pushed refineries in the US just about as far as they can go, but they won’t be able to produce enough gasoline at current levels of demand.

[vision-master]

$this->bbcode_second_pass_quote('', 'I')f you study oil usage consumption regression in the transportation industry, it perfectly matches the the same ratios of increase in future U.S. demand for oil in other sectors & industries.

[Geko45]

$this->bbcode_second_pass_quote('AFO', 'U').S. has survived 37 years of its own post oil peak, with minor energy shortages or setbacks here & there. Yes we'll have some rough months here & there between 2010-2015, but nothing significant that U.S. economy cannot obsorb.

If you study oil usage consumption regression in the transportation industry, it perfectly matches the the same ratios of increase in future U.S. demand for oil in other sectors & industries.

BTW: we do have economists that have figured out all these ratios in advance. My previous econmic professor from Univ. of Denver was one of the consultants for Dept. of Energy.

The only thing U.S. needs to worry about between 2010-& 2015 is inflation over 3% levels & unemployment higher than 20% level.

[JPL]

$this->bbcode_second_pass_quote('AFO', 'U').S. has survived 37 years of its own post oil peak, with minor energy shortages or setbacks here & there. Yes we'll have some rough months here & there between 2010-2015, but nothing significant that U.S. economy cannot obsorb.

If you study oil usage consumption regression in the transportation industry, it perfectly matches the the same ratios of increase in future U.S. demand for oil in other sectors & industries.

BTW: we do have economists that have figured out all these ratios in advance. My previous econmic professor from Univ. of Denver was one of the consultants for Dept. of Energy.

The only thing U.S. needs to worry about between 2010-& 2015 is inflation over 3% levels & unemployment higher than 20% level.

[Twilight]

Uh, the whole point of a global peak is you can't import your way out of the problem.

[savethehumans]

The most amazing thing to me in this thread is that even the most pessimistic of you who have posted is more optimistic about the future than I could ever hope to be.

Nice to hear someone of Bakhtiari's smarts admit that it's over, though.

[DesertBear2]

$this->bbcode_second_pass_quote('AFO', 'U').S. has survived 37 years of its own post oil peak, with minor energy shortages or setbacks here & there.

[EnergyUnlimited]

$this->bbcode_second_pass_quote('AFO', 'U').S. has survived 37 years of its own post oil peak, with minor energy shortages or setbacks here & there. Yes we'll have some rough months here & there between 2010-2015, but nothing significant that U.S. economy cannot obsorb.

[kokoda]

$this->bbcode_second_pass_quote('', 'F')or example, according to my personal research, the country best prepared to cope with the 'Post Peak' shocks seems to be Australia because three major institutions have led the way to boost public awareness:

[BrazilianPO]

$this->bbcode_second_pass_quote('kokoda', '')$this->bbcode_second_pass_quote('', 'F')or example, according to my personal research, the country best prepared to cope with the 'Post Peak' shocks seems to be Australia because three major institutions have led the way to boost public awareness:

[Newsseeker]

$this->bbcode_second_pass_quote('Ayame', 'B')akhtiari is my favourite peak oil expert.

[Newsseeker]

$this->bbcode_second_pass_quote('AFO', 'T')he only thing U.S. needs to worry about between 2010-& 2015 is inflation over 3% levels & unemployment higher than 20% level.

[MD]

$this->bbcode_second_pass_quote('Newsseeker', '')$this->bbcode_second_pass_quote('AFO', 'T')he only thing U.S. needs to worry about between 2010-& 2015 is inflation over 3% levels & unemployment higher than 20% level.