[Zardoz]

About 85 million barrels of oil a day will be consumed once again in 2008. A little less will be used in 2009, a little less still in 2010, etc., etc., etc.

The decline will be gradual. It'll be like a particularly cruel executioner very slowly tightening his garrote around your neck, keeping you alive for as long as possible, doing all he can to maximize your fear and suffering.

There will be no sudden collapse. It'll be worse than that. It'll be like we're condemned to Guantanamo for life, getting waterboarded all day, every day. We'll know exactly what's coming, and we'll know there will be nothing we can do to keep it from happening.

[Sys1]

Zardoz said "There will be no sudden collapse."

Sorry but you don't have any proof about what you claim, that looks like believes. From a geologic standpoint, it's perhabs right, but add the politic to the equation and you can easily have a cliff coming from war or embargo (due in the first place to peak oil, of course).

[EndOfGrowth]

$this->bbcode_second_pass_quote('Sys1', 'Z')ardoz said "There will be no sudden collapse."

.

[Ohcrap]

$this->bbcode_second_pass_quote('Sys1', 'Z')ardoz said "There will be no sudden collapse."

Sorry but you don't have any proof about what you claim, that looks like believes. From a geologic standpoint, it's perhabs right, but add the politic to the equation and you can easily have a cliff coming from war or embargo (due in the first place to peak oil, of course).

[MacG]

$this->bbcode_second_pass_quote('Tyler_JC', 'W')e get these threads from newbies all the time.

Check out the predictions from 2005 that said that Hurricane Katrina would lead to a global depression.

[Sys1]

Tyler_JC wrote: "We get these threads from newbies all the time. Check out the predictions from 2005 that said that Hurricane Katrina would lead to a global depression."

All right, we the old peakoilers are not posting anymore threads (well...) about doom and gloom stories.
So what? Does it mean we are all like Graeme or Lorenzo, meaning nonsense optimistics people?
Of course, I consider now with calm all those stories of riot here, starving there, oil up here, economy down there...
Nevertheless, when i dig deep in my heart, i still want to scream from the beloved ones to those sheeple walking around in our french Walmart : "WAKE UP IDIOTS!"
So please be indulgent with the "newbies", just remember how you were the fist time you understood the huge ramafications of peak oil.

[oilluber]

I believe 2008 will be marked by increasing exports from china of
used bicycles to the US.

(bicycle)Demand created by US citizens unable to afford gasoline
due to the US hyperstagflation.

And the decline in demand as more chinese buy autos.

[Revi]

I think that 2008 will be hard, but not too bad until next November or December when everyone around here has to buy heating oil again. Then it will really suck. We are going to be slowly boiled as Zardoz says, but at least us peakers will know what's going on.

The amazing thing is that I hear people all over the place talking about the price of oil. They mostly complain about the price but they have no idea of the reason for it. Some are even driving gigantic tanklike vehicles and still complaining. They are getting pounded by this thing. We have at least changed our lifestyle so we use half the fossil fuel we used to. I try not to tell them "I told you so", but sometimes it's irresistable.

[Twilight]

Revi, look on the bright side. Your corner of the world will get depopulated early, the relatively easy and painless way - people who fail to adapt will not be forced to wait until the bitter end, they will sell up and move somewhere warmer. Later, your climate will serve as your most effective deterrent. You probably won't run out of wood. Areas that are warm year-round are going to be hit worse, because they will be supporting all the people who got knocked out in the preliminary rounds when they go under.

[TheDude]

$this->bbcode_second_pass_quote('Zardoz', 'A')bout 85 million barrels of oil will be consumed once again in 2008.

[Ohcrap]

$this->bbcode_second_pass_quote('TheDude', '')$this->bbcode_second_pass_quote('Zardoz', 'A')bout 85 million barrels of oil will be consumed once again in 2008.

[Zardoz]

$this->bbcode_second_pass_quote('TheDude', '')$this->bbcode_second_pass_quote('Zardoz', 'A')bout 85 million barrels of oil will be consumed once again in 2008.

[shortonoil]

roccman said:

$this->bbcode_second_pass_quote('', 'A')nd we get these comments all the time from Tyler.

"Nothing to see here folks...all's well...go back to your rooms."

Good grief tyler...look around bro...you live on a planet on life support.

[roccman]

$this->bbcode_second_pass_quote('shortonoil', '[')b]roccman said:

$this->bbcode_second_pass_quote('', 'A')nd we get these comments all the time from Tyler.

"Nothing to see here folks...all's well...go back to your rooms."

Good grief tyler...look around bro...you live on a planet on life support.

[threadbear]

People seem to think that the demand destruction of oil in an economic downturn will counter the peak oil doom scenarios. Actually, it's quite possible that the Central banks are pursuing a very weak dollar policy, in which case, the price of oil, could still go up, in nominal terms, against a backdrop of peak money.

Peak money during hyperinflation or stagflation is something the U.S has never experienced before. The last bouts of inflation were ameliorated by a stronger labour environment where unions agitated for higher wages to keep up with rising prices.

[AirlinePilot]

$this->bbcode_second_pass_quote('threadbear', 'P')eak money during hyperinflation or stagflation is something the U.S has never experienced before. The last bouts of inflation were ameliorated by a stronger labour environment where unions agitated for higher wages to keep up with rising prices.

[Twilight]

$this->bbcode_second_pass_quote('threadbear', 'P')eople seem to think that the demand destruction of oil in an economic downturn will counter the peak oil doom scenarios. Actually, it's quite possible that the Central banks are pursuing a very weak dollar policy, in which case, the price of oil, could still go up, in nominal terms, against a backdrop of peak money.

Peak money during hyperinflation or stagflation is something the U.S has never experienced before. The last bouts of inflation were ameliorated by a stronger labour environment where unions agitated for higher wages to keep up with rising prices.

[shortonoil]

threadbear said:

$this->bbcode_second_pass_quote('', 'P')eople seem to think that the demand destruction of oil in an economic downturn will counter the peak oil doom scenarios. Actually, it's quite possible that the Central banks are pursuing a very weak dollar policy, in which case, the price of oil, could still go up, in nominal terms, against a backdrop of peak money.

Peak money during hyperinflation or stagflation is something the U.S has never experienced before. The last bouts of inflation were ameliorated by a stronger labour environment where unions agitated for higher wages to keep up with rising prices.

[DantesPeak]

$this->bbcode_second_pass_quote('AirlinePilot', '')$this->bbcode_second_pass_quote('threadbear', 'P')eak money during hyperinflation or stagflation is something the U.S has never experienced before. The last bouts of inflation were ameliorated by a stronger labour environment where unions agitated for higher wages to keep up with rising prices.

[Cabrone]

For the budding economists on this site here is an interview with Ambrose Evans-Pritchard (writes for the Daily Telegraph in the UK) who thinks we may well be heading for meltdown this year.

Over an hour long but worth listening to.