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PeakOil is You

THE Energy Recession Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: Will peak oil cause recession or collapse?

Unread postby Ludi » Mon 02 Jun 2008, 21:24:54

$this->bbcode_second_pass_quote('Monkeydust', '
')What I mean instead is the amount of labour and energy that we put into non-essential goods and services. When push comes to shove, the entire leisure industry, most of the service sector, and a good deal of commodities created for entertainment are non-essential.


Told ya, there goes my job! :)

Instead, I need to go become a farmer,I guess. Who is going to pay me to farm? What if I suck at farming? (I can't even grow enough food for myself presently, let alone other people)
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Re: Will peak oil cause recession or collapse?

Unread postby Monkeydust » Mon 02 Jun 2008, 21:26:42

What I'm suggesting isn't that we could achieve more yields per hectare with increased labour mobilization, but that we could achieve greater yields with more hectares. This would require more people, and more cultivatable land, both of which we have.
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Re: Will peak oil cause recession or collapse?

Unread postby Pops » Mon 02 Jun 2008, 21:34:50

$this->bbcode_second_pass_quote('Monkeydust', 'W')hen push comes to shove, the entire leisure industry, most of the service sector, and a good deal of commodities created for entertainment are non-essential. If the labour and energy focused in these sectors were instead allocated to the essentials, and in particular food production, then we could radically increase our ability to feed our own populations even if the other current fundamental, i.e. cheap petroleum, were to go into decline.

I see your point and I agree to a large extent - except the part about this vast luxury liner making even a gradual about face.

We'll see.

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Re: Will peak oil cause recession or collapse?

Unread postby btu2012 » Mon 02 Jun 2008, 21:38:38

$this->bbcode_second_pass_quote('Monkeydust', 'W')hat I'm suggesting isn't that we could achieve more yields per hectare with increased labour mobilization, but that we could achieve greater yields with more hectares. This would require more people, and more cultivatable land, both of which we have.

The point I am making is that the UK would be a net ecological debtor in the absence of fossil fuels even if it were to use all available land to grow food. You would have to reduce the GDP to about 1/4 of what it is now and massively reorganize the economy. The UK standard of living would become about equal with that of Albania, assuming that the transition could be managed.

Countries which are ecological creditors could become much richer than the UK by exporting food. It almost makes you wish that the UK had been a bit nicer to those unwashed East Europeans.
Last edited by btu2012 on Mon 02 Jun 2008, 21:51:11, edited 2 times in total.
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Re: Will peak oil cause recession or collapse?

Unread postby Monkeydust » Mon 02 Jun 2008, 21:44:53

That's a fair point, and you may well be correct. All I am saying is that there's a big difference between the standard of living of Albanians and a 'die-off', and this is a distinction a lot of catastrophists don't seem to be able to make.
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Re: Will peak oil cause recession or collapse?

Unread postby nobodypanic » Mon 02 Jun 2008, 21:44:57

$this->bbcode_second_pass_quote('ProudFossil', ' ')And to NoBodyPanic:
The pathogen which you mentioned in the Irish Famine was on the potato, not the humans. And incidentally the US lost more of its potato crop from that same pathogen than the Irish. The only difference is we used our other grains to feed the population, the British did not.

i know it was a potato pathogen, which makes it a little more complex than simply saying it was nothing but, and nothing more, than british policy. in any case, it doesn't matter why the limiting resource became scarce. what matters are the consequences.

$this->bbcode_second_pass_quote('ProudFossil', 'A')nd if 125 people leaving a colony is classified as a die off than we have a die off going on every day in New York City, Los Angelos, Chicago, etc., etc. I classify a die off (at least from the term itself) as the complete depopulation of an area. That did happen in Ireland in the famine and in fact there are parts of it which have not had anybody return to it. That also has happened in New Mexico. We have several communities with less population now than in 1880. Are those die offs? The whole world is full of chost towns. Are those die offs?

do you understand the concept of ratio, proportion, percentages? if a 100 out of a population of 150 die, that's a significant event for that population--that's a die off. in your hypothetical w/modern cities, 100 people suddenly dying would be a nearly insignificant number of the total. if 100 out of every 150 people were to die in LA, that would be a death toll of 6,887,959.33 people. how does that sound?
$this->bbcode_second_pass_quote('ProudFossil', 'A')nd my understanding of a die off has nothing to do with the decline or loss of a civilization. The Mayans still speak the language, practise the same religion, and have much of the same culture as those in the 1400's. The government of that time is gone. If the loss of a civilization iis based upon the loss of a government then I would suppose all the monarchies of Europe and Asia were subjected to die-offs.

the mayan collapses occurred in the tenth and ninth centuries, not the fifteenth. many cities were abandoned and their empire collapsed because they simply could not sustain their numbers.
$this->bbcode_second_pass_quote('ProudFossil', 'D')id we have a die off because we went from a colonial system under a monarchy to a republic?

what percentage of the population died? was it enough to cause any collapse?
$this->bbcode_second_pass_quote('ProudFossil', 'B')efore you start chastising somebody please define the terms you are basing your discussion on. I am still asking for a definition of the term die-off. I have seen at least five different ones so far in these forums.

i ve seen any number of people give you a good definition. die-off doesn't necessarily mean extinction, although it can. it's simply a population collapse.

for some reason you're having a hard time understanding the following: you can have a die-off without an extinction event occurring, but you cannot have an extinction without a die-off. a die-off is a necessary but not sufficient condition for an extinction. the two are not synonymous.
Last edited by nobodypanic on Mon 02 Jun 2008, 21:53:11, edited 1 time in total.
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Re: Will peak oil cause recession or collapse?

Unread postby btu2012 » Mon 02 Jun 2008, 21:46:51

$this->bbcode_second_pass_quote('Monkeydust', 'T')hat's a fair point, and you may well be correct. All I am saying is that there's a big difference between the standard of living of Albanians and a 'die-off', and this is a distinction a lot of catastrophists don't seem to be able to make.

Personally I am not a doomer. The dieoff scenario could be localized to places such as Africa and South Asia.

However this raises geopolitical questions, most importantly migrations and wars. Propagation of diseases due to increased poverty and reduced medical assistance is another aspect.

It would be truly ironical if we ended up with the British queuing to migrate East, and Eastern Europe putting in place a high-skilled visa program for the former. :)
Last edited by btu2012 on Mon 02 Jun 2008, 22:03:23, edited 1 time in total.
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Re: Will peak oil cause recession or collapse?

Unread postby DantesPeak » Mon 02 Jun 2008, 21:50:44

$this->bbcode_second_pass_quote('Petrodollar', 'I') highly recommend this book for a historical analysis of human behavior in the face of divergent sociological, enviromental and ecological challenges.

Welcome back Petrodollar.

Could you comment on what you think will happen to the currencies of GCC countries in this thread:

http://www.peakoil.com/fortopic40715.html
Paulson Travels To Arabia Over Dollar Pegs
It's already over, now it's just a matter of adjusting.
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Re: Will peak oil cause recession or collapse?

Unread postby ProudFossil » Mon 02 Jun 2008, 22:15:55

$this->bbcode_second_pass_quote('Monkeydust', 'T')hat's a fair point, and you may well be correct. All I am saying is that there's a big difference between the standard of living of Albanians and a 'die-off', and this is a distinction a lot of catastrophists don't seem to be able to make.

I agree and use this as an answer to the doomers. When you say die-off you are implying a massive number of deaths. If you were to say a massive lowering of the standard of living then I could agree with you. There might be localized mortality in great numbers but again that is nit-picking in my estimation, especially when applied globally.

I believe there are two much bigger problems facing us, one related to PO and the other not related to PO except in a very indirect manner.

First there is the problem which a few have touched on and that is how the population is going to adjust (notice I did not say adapt) to a more rural lifestyle. How many of the young yuppies and generational Xers will accept having to do manual labor to grow, prepare and store their food. I am 70 years old and can remember spending hours preparing and caning the produce from our garden. Along those lines how many people today, especially in the US, even have the rudimentary skills needed to produce their food on a year round basis, let alone the surplus to feed the urban population, especially with animal power? Also where is the equipment to be found which can be used with simple horsepower, not tractors. These are problems which will greet us here in the US with the decline in oil, possibly not so much in Europe which still has a more individualized farm population.

The second problem I have, which is even more immediate, is that of water. What happens to the urban population when the pumps stop. Look at Los Angeles. It gets a large percentage of its water from several hundred miles away. Without the use of electricity to pump that water to them, death will come quickly. Most of the California farmland is dependent upon irrigation. Whoops, without the water, it returns to a dusty, sandy desert.

It is my turn to chastise this entire web site about PO. You are concerned with PO for a valid reason, i.e., the decline of our way of life. But I think you are basically doing the same thing the environmental global warming people are doing. You are wringing your hands about the UK, Europe, and the US. These countries are already doing much, either correctly or incorrectly, in the alleviation of the problem of climate change. But the real culprits (if there are any) are across the Pacific and could care less what you are saying. The same is true of PO. So you are all basically blowing into the wind for your own self satisfaction. You are lambasting our governments about changes you think need to be done to stop the impact on climate change and/or PO. You are talking to the wrong people. You are wringing your collective hands, woe is us, but are really doing nothing to stop the effects from China and India. If you want to get their attention, QUIT BUYING THEIR GOODS. That will a whole lot more than simply complaining to Parliment or Congress. Also quit using the petroleum products on a daily basis. Don't buy the products made from petroleum. Quit the fast food places. Recycle or better yet use things over and over instead of throwing them in the land fill, especially plastics. Reduce the usage of oil now, not when it becomes more scarce. Learn how to be more self-sufficient. Do ride the bicycle. Walk. Turn the lights out. A million things done by 340 million people will make a statement. START LIVING AS THEY DO IN ALBANIA (or select your own chosen 2nd world country).

Start worrying about where your next glass of water is coming from. That will becoma a more important result indirectly of PO than how you are going to get to grandma's house. No water and you die in a few days. There is where the ultimate die-off could come from, not starvation or even disease.

Thank you for letting me be on the soap box. I live in the southwest desert and have seen the effects of the local water supply going empty due to the failure of a pump. It is not pretty.
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Re: Will peak oil cause recession or collapse?

Unread postby btu2012 » Mon 02 Jun 2008, 22:29:36

Well things are more complicated in that we will also be hitting other resource constraints, such as water.

So I do think that there will be a dieoff on some rather large areas of the planet.
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Re: Will peak oil cause recession or collapse?

Unread postby Ludi » Mon 02 Jun 2008, 22:37:37

$this->bbcode_second_pass_quote('ProudFossil', ' ')Learn how to be more self-sufficient. Do ride the bicycle. Walk.

We never, ever, ever talk about these things on po.com. There certainly isn't an entire forum devoted to this concept. Not here. No sirree! :wink:
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Re: Will peak oil cause recession or collapse?

Unread postby ProudFossil » Mon 02 Jun 2008, 22:55:53

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('ProudFossil', ' ')Learn how to be more self-sufficient. Do ride the bicycle. Walk.

We never, ever, ever talk about these things on po.com. There certainly isn't an entire forum devoted to this concept. Not here. No sirree! :wink:

I know about the "what to do" forum. I said I was on a soap box and I do have a habit of talking a lot. As for us, we have 60 acres, thousands of trees for fire wood, a greenhouse, am getting a solar powered pump for the well, and don't really give a damn about going into town.

Our biggest concern is forest fires.
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Re: Will peak oil cause recession or collapse?

Unread postby roccman » Mon 02 Jun 2008, 23:05:08

$this->bbcode_second_pass_quote('ProudFossil', 'O')ur biggest concern is forest fires.

Ahhh yes...stand replacing crown fires...scorching 100's of thousands of acres...silting in rivers, lakes, creeks, and streams.

Yes -

You will not read alot about forest fires here and how they interface with those that run off to the hills to a remote cabin...

Or even those who do not live by the scorched earth, but wonder why their stream no longer has water or fish in it.

Yes -

Fighting these herculian dragons takes MASSIVE amounts of fossil fuels...MASSIVE amounts of man-power and MASSIVE amount of military coordination and precise strategical positioning and attacks.

Yes -

Truth is - the forest will burn to the ground...150 years of supressing fires and we went from 5 tons per acre of fuel loading on the forest floor to 500 tons per acre.

Yes -

If you live in the sticks and rely on surface water...you will quickly understand the errors of your ways.

Yes - forest fires...you will not read much here about them, because most don't think much about them.

I was told when I was a young wildland forest fighter that man very seldom has tamed these dragons...

Believe it.
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Re: Will peak oil cause recession or collapse?

Unread postby ProudFossil » Mon 02 Jun 2008, 23:22:08

$this->bbcode_second_pass_quote('roccman', '')$this->bbcode_second_pass_quote('ProudFossil', 'O')ur biggest concern is forest fires.

Ahhh yes...stand replacing crown fires...scorching 100's of thousands of acres...silting in rivers, lakes, creeks, and streams.
Believe it.

This is probably off topic but we do believe it. We just experienced a 14,000 acre forest fire which had two crown fires associated with it. The first of baout 3,000 acres did not really impact on us but we were told it would be prudent to evacuate which we did. The second crown fire which occurred four days after we returned to our house was a glimpse into the medieval depiction of hell. A wall of flame, 100-200 feet high, three miles long, and with a 60 mile an hour wind blowing directly towards us. We had less than 30 minutes to get out. We were fortunate. The wind shifted about 1/4 of a mile from our property and so we were spared. There were about 90 families who were not so lucky.

And yes we now are in a dangerous flooding area by being on a major watershed from the mountain. There are several groups evaluating the entire area to devise some plan for flood control when the monsoon season hits in August.

Maybe that is why I am so frustrated with the many posters to these forums. They have not witnessed a community dying because the communal well has dried up, they have not witnessed the devastation from not preparing for a natural disaster, the vast majority of them simply talk about what to do, how to do, and then go down to McDonald's for more fat grams.

Anyway, this is my last post for quite a while. We are going to expand on our carbon footprint to travel to the grandson's graduation.

Have fun with the doomers. The only thing I will regret when PO turns the lights out is the loss of the Internet, however I do have a library of approximately 8,000 books which should entertain me for many years.
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Re: Will peak oil cause recession or collapse?

Unread postby Ludi » Mon 02 Jun 2008, 23:36:26

$this->bbcode_second_pass_quote('ProudFossil', ' ')the vast majority of them simply talk about what to do, how to do, and then go down to McDonald's for more fat grams.


That's leaping to a huge conclusion! How do you know this to be a fact?
8O 8O 8O

Well anyway, have fun.
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Re: Will peak oil cause recession or collapse?

Unread postby dohboi » Tue 03 Jun 2008, 01:13:31

"US will be lucky to sustain anything close to the life we now live in as little as 5 years at that rate of decline. Think no air conditioning in most places. It was so in 1950, not so long ago"

Lucky indeed. Remember that, hard as life was then, this was when very few people lived in the US or on the globe compared to today. And we have been very, very busy in the intervening years:
--destroying topsoil,
--killing off fish stocks in streams, lakes and oceans
--dumping toxins into land, water and air
--pushing the planet into runaway global warming with GHG's
--pushing species to extinction at ten- to one hundred-times the background rate

The earth is now a far more fragile, less resilient place, and we are a far heavier burden withour both our numbers and our rates of consumption.
Hey, maybe it will all work out, but on every front, things are starting to unfold at a much more rapid pace than most even here anticipated: The Artcic Ice Cap came the closest it has ever come since modern humans evolved to disappearing last summer, and it likely will this summer or in one of the next few; Oil prices reached $135 a few days ago, higher than all but the gloomiest and doomiest predicted for this year...

Maybe these trends will slow down or reverse themselves, but most of those here who have been most accurate in their predictions so far present good reasons why they are likely to accelerate from here on out.
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Re: Will peak oil cause recession or collapse?

Unread postby Ferretlover » Tue 03 Jun 2008, 02:54:24

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('ProudFossil', ' ')Learn how to be more self-sufficient. Do ride the bicycle. Walk.

We never, ever, ever talk about these things on po.com. There certainly isn't an entire forum devoted to this concept. Not here. No sirree! :wink:

Ahem, I believe Ludi was refering to the Conservation and Efficiency forum.
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Re: Will peak oil cause recession or collapse?

Unread postby mos6507 » Tue 03 Jun 2008, 03:56:26

$this->bbcode_second_pass_quote('dohboi', 'L')ucky indeed. Remember that, hard as life was then, this was when very few people lived in the US or on the globe compared to today. And we have been very, very busy in the intervening years:
--destroying topsoil,
--killing off fish stocks in streams, lakes and oceans
--dumping toxins into land, water and air
--pushing the planet into runaway global warming with GHG's
--pushing species to extinction at ten- to one hundred-times the background rate.

It should be noted that this by itself is mostly an artifact of overpopulation, not oil consumption. In other words, if we had fusion or matter antimatter reactors or some other magic energy source that output no CO2s and never depleted, the above problems would continue unabated until die off. That's why peak oil is really not even seeing the big picture. Oil might be the reason we overpopulated but now overpopulation is the root problem and that's why most here are torn between fearing the oil running out and seeing how it would be a good thing in the long run for humanity to get smacked down by the invisible hand. You can't create a sustainable society without reducing population. Certainly reducing consumption and adopting more of a permaculture way of doing things would help bridge the gap, but it's probably not enough to eliminate overshoot.
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Re: Will peak oil cause recession or collapse?

Unread postby Munqi » Tue 03 Jun 2008, 05:40:57

Welcome monkeydust. Just like you im new to this whole thing too.

When i first started reading about PO i was quite optimistic too but the more i read and think about it the more pessimistic i get. We have been creating massive problems even when there hasnt been any actual problems so how do we react when we actually have a real problem in our hands? 50 years of abundance in the western world and we havent done anything to solve the worlds problems. Why would we suddenly do that when we have problems of our own?

Things like resource wars and world wide famine sound like some wierd fantasy untill you start thinking about it and realise that we're already there. And it hasnt even really started yet. Before Iraq i would have probably shared your optimism.

Anyway, this lifestyle has to end someday so it might aswell be now.

(Is it just me or is this forum REALLY slow atm?)
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Peak oil causing the recession?

Unread postby hydrocarbon » Thu 16 Oct 2008, 09:50:15

We all remember the four bucks a gallon at the pump but how much damage did it really do to the economy? I know there is other factors such as the credit crunch but from what i have seen the price at the pump caused more problems for people that led to unpaid mortgages and so on especially people living in suburbia. I think we are just now seeing the result of the surge at the pump. When oil gets that high the damage is far worse than you can imagine, the money that fuels the economy is sent to other countries that do not have a balanced trade system the money simply vanishes causing havoc on our economy. The result from all this mess is what you see now demand destruction at its finest. If peak oil is the root cause the market will never recover to the old glory days with the dow at 15k, the markets might recover somewhat then stabilize at a lower level, oil in my opinion tells the market were its gonna be and not the other way around.
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Reason: Merged with THE Energy Recession Thread.
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