[cipi604]

The End Is Nigh
$this->bbcode_second_pass_quote('', 'T')he End Is Nigh: Peak Oil Proponent Forecasts Grim Future
Posted Jul 28, 2008 02:29pm EDT by Aaron Task in Investing, Commodities
Related: vws, solr, ibe.l, FAN, ACI, GEX, DUG
"I think it's an awful story, and I hate to be the one to tell it." So says Chris Nelder, an editor at EnergyandCapital.com and co-author of "Profit from the Peak," who maintains that peak oil -- the concept that global oil production will soon decline sharply -- is fact, not theory.
Regardless of which camp you fall into on the debate over peak oil, the effects of diminished oil supplies Nelder describes in the accompanying video are hair-raising:
The end of the suburbs as we know them.
A boom in coal production and use, resulting in continued carbon emissions.
Global fuel and food riots.
Still, every cloud has its silver lining, and Nelder notes that a resurgence in local farming and intensified development of renewable energy sources are inevitable. And while sweeping changes in world energy use may be a long way off, Nelder has some tips on alternative energy stocks you can use today.

[dinopello]

$this->bbcode_second_pass_quote('cipi604', '[')url=http://finance.yahoo.com/tech-ticker/article/42974/The-End-Is-Nigh-Peak-Oil-Proponent-Forecasts-Grim-Future;_ylt=AjtJa7khdWB53h9q5whjCnRl7ot4?tickers=vws,solr,ibe.l,FAN,ACI,GEX,DUG&comment_start=1#comments]The End Is Nigh[/url]
Please read the comments. I am a doomer , but at least I know the facts, and I understand pretty much of the situation... but ... pffff those ppl are blindfolded.

Their gonna get a hell of a ride.

[Cashmere]

You know, just when I start to feel sorry for these donkey sh-t eaters, they go ahead and post all sorts of crap about "Doomers" and "chicken littles" and mock the interviewee, who was nothing if not reasonable.
$this->bbcode_second_pass_quote('DSE Comment', '
')Food shortages and riots? What's this guy selling?

[JustaGirl]

$this->bbcode_second_pass_quote('', 'N')ow reports are coming in that there is roughly 250 BILLION barrels of oil in North America alone.

[cipi604]

Nice picture Cashmere. Luv it!

$this->bbcode_second_pass_quote('', 'D')oes anyone know anything about these "reports" and please do not say it's oil shale or sand!

[joewp]

$this->bbcode_second_pass_quote('JustaGirl', '')$this->bbcode_second_pass_quote('', 'N')ow reports are coming in that there is roughly 250 BILLION barrels of oil in North America alone.

[Ardalla]

Much of what this guy is saying will happen within the next 50 years will likely happen within the next 10. The people commenting sound like drug addicts whose supply is being threatened.

[eastbay]

$this->bbcode_second_pass_quote('JustaGirl', '')$this->bbcode_second_pass_quote('', 'N')ow reports are coming in that there is roughly 250 BILLION barrels of oil in North America alone.

[alpha480v]

$this->bbcode_second_pass_quote('Ardalla', 'M')uch of what this guy is saying will happen within the next 50 years will likely happen within the next 10. The people commenting sound like drug addicts whose supply is being threatened.

[CarlosFerreira]

$this->bbcode_second_pass_quote('eastbay', '
')Hey remember, even if it was all light sweet crude, 250 billion bbls would only extend the 'party' about another four years, assuming we can extract half of it.

[MD]

$this->bbcode_second_pass_quote('eastbay', '.')..

Hey remember, even if it was all light sweet crude, 250 billion bbls would only extend the 'party' about another four years, assuming we can extract half of it.

[CarlosFerreira]

$this->bbcode_second_pass_quote('MD', '
')NO! A thousands time no!

Resource discoveries aren't a drive thru snack that can be consumed on the fly!

If we found another Ghawar tomorrow, we'd get 5 million barrels a day for forty years.

[MD]

$this->bbcode_second_pass_quote('CarlosFerreira', '')$this->bbcode_second_pass_quote('MD', '
')NO! A thousands time no!

Resource discoveries aren't a drive thru snack that can be consumed on the fly!

If we found another Ghawar tomorrow, we'd get 5 million barrels a day for forty years.

[CarlosFerreira]

Right. It's not just the renewables that take a long time and capital to develop. The only difference, I guess, is that at least oil drilling is a true and tested technology.

Thanks for the info!

[miles392]

Those comments where probably the most retarted things I've seen this month. Some fine examples.

"Yawnnnnnnnnn, these vermin crawl out of the woodwork all the time. I suppose because this twit states "this theory is fact" that will make it so? Stating something over and over doesn't make it so. I wonder if this melon-head graps the oxymoron of "this theory is fact"? Much like the press already announcing the Dalibama as the next president. Oil to $80 or less per barrel and right quick. More good news? The left will finally be exposed as the agents who kept our own coal, oil and nuke resources bottled up. They have no defense for this position. Much akin to the Dalibama saying he would "oppose the surge again" even though it is an overhelming success"

wow...


"The sky is faling the sky is falling and we're all gonna die! Food riots? ROFL Let me guess...he's trying to sell something."

Hope he dies of starvation LOL

"This guy's probably bought lots of oil future contracts. Brah !! Oil supply's coming down, but it isn't as grim as he painted. End of suburbs........ why not the end of civilization. HAHA !!"

Yes that's how it is, you're so smart!

"All this guy is worried about is selling more coppies of his book. People like him and the people that buy his book are the reason oil is as high as it is. Damn Speculators."

Ah yes ofc it's the speculators GAH! Damn them all to hell.

"who cares?"

"What is he selling??????????? No it is time to shoot the messenger"

It goes on and on, people really are sheep, except sheep are cuter

[Hawkcreek]

$this->bbcode_second_pass_quote('', 'T')he left will finally be exposed as the agents who kept our own coal, oil and nuke resources bottled up. They have no defense for this position.

[CarlosFerreira]

I suppose these people will say it's the commies doing, and would keep on saying no matter what. They're not buying PO, so someone must be doing it. Right?