by EnergyUnlimited » Thu 26 Apr 2007, 10:42:06
$this->bbcode_second_pass_quote('AFO', 'T')hus, according to Bakhtiari, in 2006, depletion was greater, by more than 1 mb/d, than new discoveries and reserve growth, including oil produced from unconventional sources such as the tar sands.
According to my calculation, that equals to 1% depletion for 2006.
How may more cumulative depletion % will it take for people to be convinced that peak oil is real & has arrived.
There will be a lot of fake reasons given to deny PO reality.
Local US peak was denied for several years, so there is precedence for that.
I think it will be possible to deny global peak for at least 3 years, if it is sharp one or for twice as long if it is flat one.
PO will be discussed during that time hotly but official interpretations will say, that idea is nonsense and new, huge but really non existing oil findings will be frequently announced.
You will hear a lot about biofuels, but only tiny amounts will be coming on the market.
There will be resource wars on Middle East, in Africa and other places. There will be charges against oil producers, that they deliberately want to destroy Western civillization to justify those wars.
Some oil will be coming as a result, and such resource wars will provide for short term mitigation.
The effect of all that will be in tricking population to believe that everything is fine for about 5 years post peak albeit we will feel a very nervous atmosphere around.
Cornerstones of authoritarian rules will be laid down during that period. International order will collapse and global society, United Nations etc will become irrelevant. International finnance will also collapse.
Authoritarian governments will extend something close to current status quo for additional 5 - 10 years more.
Some massive wars, perhaps even atomic war may come towards end of that period.
...and slowly, slowly and later faster and faster more and more people (and sheeple) will realise that TEOTWAWKI is here and now, so sensless panic will follow. Keep out of cities theese days...
There will be a dieoff in various places, albeit if you are American you are likely to witness only relatively timid forms of that...and what goes on in Third World you will not be told.
Your local TV will already be censored for considerable time...
Anyway, that is what I expect to see in the future.