[Ludi]

$this->bbcode_second_pass_quote('Mircea', ' ')You can't make pharmceuticals, or plastics, or tars and asphalts, or lubricants, or fertilizer out of wind, solar, nuclear power, or bio-fuels, so those things do nothing to alleviate the problem of the supply and demand of oils.

[MonteQuest]

$this->bbcode_second_pass_quote('Mircea', ' ')If suddenly now there would be no oil, it would have zero effect on the production of electrical energy in the US.

[TonyPrep]

$this->bbcode_second_pass_quote('Mircea', 'H')igh gasoline prices could not lead to inflation. High gasoline prices reduce a consumer's disposable income, forcing them to purchase less of everthing else. That decreases demand, which increases supply, which results in a decrease in prices, not an increase.

[CrudeAwakening]

$this->bbcode_second_pass_quote('TonyPrep', '
')Certainly I have seen inflation rising in New Zealand and I notice that interest rates are going up in many countries to combat inflation. So what do you think the cause of this widespread inflation might be?

[MonteQuest]

$this->bbcode_second_pass_quote('Mircea', ' ')That's an irrelevant argument, mostly because you don't appear to understand economics.

High gasoline prices could not lead to inflation. High gasoline prices reduce a consumer's disposable income, forcing them to purchase less of everthing else. That decreases demand, which increases supply, which results in a decrease in prices, not an increase.

[EnergyUnlimited]

$this->bbcode_second_pass_quote('MonteQuest', '')$this->bbcode_second_pass_quote('Mircea', ' ')If suddenly now there would be no oil, it would have zero effect on the production of electrical energy in the US.

[emailking]

If I was going to troll on this board, this is exactly the kind of stuff I would write.

[OilIsMastery]

$this->bbcode_second_pass_quote('bonjaski', '2')) there are enough (1,4trillion) hydrocarbons to sustain at least 70-80mbd for a long time

[Dan1195]

When you read comments on a "Peak Oil" thread that is off-topic on a message board unrelated to energy, you realize how ignorant many people are to the situation.

"Last I heard was that Norway, at it's current rate of production, has enough Oil for about 60 years. I guess that we should prepare for an American invasion."

Ugh, using a nation in steep decline that itself using little oil to show there isnt a problem, need I say more?

There is PLENTY of oil left, its just more expensive to get. As oil gets more expensive, alternative fuels become more attractive to invest in, produce, and distribution. As that occurs, the cost of alt fuels is lowered, and eventually oil will be an afterthought.

Yes the remaining oil is more expensive, but no known tech on the horizon will keep the rate of production from declining. Of course the alt fuel is only good if has good enough EROEI and you can actually scale it up.

I will never buy into ANY of this peak oil stuff. Yeah, it'll get more expensive, but we're not touching 3/4th of the earth regarding oil. May not be technologically feasible right now, but we could eventually get deep sea crawlers (go watch the Abyss movie for an idea).

Let's see where do we start. Ignoring issues relating to international waters, oil cant form where no plant decay occurred to begin with. Heck they will need further advancements just to develop Jack in the GOM.

You get the idea. Many people simply have no understanding when they talk about the topic.

[Twilight]

$this->bbcode_second_pass_quote('Dan1195', 'Y')ou get the idea. Many people simply have no understanding when they talk about the topic.

[threadbear]

$this->bbcode_second_pass_quote('mkwin', '')$this->bbcode_second_pass_quote('BigTex', 'W')hen oil gets tight, we will begin burning through coal, more in developing countries than industrialized countries, which will accelerate environmental problems.

Do you really think the Third World and Chindia are going to be interested in alternative energy sources that cost two or three times what good old coal costs? No, they are going to burn coal like there is no tomorrow, which will perhaps delay the day or reckoning a few years, but it will also make the day of reckoning a lot more hazy because of all the soot floating around in the air.

Endless economic and population growth are incompatible with a world of finite resources. We just haven't been reminded of this fact because we haven't run out of a critical resource yet (with no acceptable substitute), other than maybe common sense.

[cube]

$this->bbcode_second_pass_quote('Twilight', 'T')he other thing that annoys me about the energy debate, is that "everyone is an expert".

You ask people about something else that matters on a day-to-day basis, like the Bank of England's rate hikes and what their impact might be, and they'll look blank, puzzled and laugh off the question. Few people have any trouble cheerfully admitting their ignorance.

But mention oil, gas, electricity, and they're like people possessed.

[Judgie]

I will never buy into ANY of this peak oil stuff. Yeah, it'll get more expensive, but we're not touching 3/4th of the earth regarding oil. May not be technologically feasible right now, but we could eventually get deep sea crawlers (go watch the Abyss movie for an idea).

If we're going to pull science fiction into this debate as (last resort) evidence, then go read "The Swarm" by Frank Schatzing for an idea of the consequences, particularly when you destabilise methan hydrates.........

[Blacksmith]

Worried about clathrates, try the Permian.

[Judgie]

$this->bbcode_second_pass_quote('Blacksmith', 'W')orried about clathrates, try the Permian.

[Narz]

$this->bbcode_second_pass_quote('retiredguy', 'N')arz,

I believe Clueless was refering to John Lennon.

[HorneyGeekBoi]

"the next 60years there is enough energy in form of electrons"

haha, thats the funniest thing ive heard in a long time...