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Peakoil is not a problem

General discussions of the systemic, societal and civilisational effects of depletion.

Peakoil is not a problem

Unread postby bonjaski » Wed 11 Jul 2007, 09:37:00

some facts:

1) the next 60years there is enough energy in form of electrons or even hydrogen from coal, nuclear, sun, wind, biomass ...


2) there are enough (1,4trillion) hydrocarbons to sustain at least 70-80mbd for a long time


3) high oil, gas price doesn't lead to high inflation, since it has a minor impact on industry
(if you don't believe it, just question yourself if the triplicated oil price raised the price of your car, computer, food?, for me it didn't ... )


and now my killer argument:
one doomer argument in this forum is, that we can't shift fast enough to fossil carbon free technologies or rather that the impact of the shift would be too low.

Well this isn't true.

If just the 10-20% of car drivers, which drive most miles, would change to plugin hybrids, regenerative biofuels (biogas, cellulosic EtOH) or hydrogen rom sun or wind.
(bus companies, commuters, police, ...) the oil consumption of cars would drop ~ 25-45%.

(because an average of 15000 miles per driver, doesn't mean that everyone drives 15000miles a year, some drive over 25000, some 5-10000, some nothing)

and furthermore, drivers which drive a lot of miles a year, change their car more often then others;

for example:
since 1 year i drive more then 20.000 miles a year, i will buy a new car in 6-7 years ... if available it will be this one
http://www.zapworld.com/ZAPWorld.aspx?id=4560

and as for heating: here in europe, oil is already replaced by sun, geothermal, biomass and electric based solutions so i think this isn't an issue anymore.


so why i visit peakoil.com?
well peakoil.com is a nice source for peakoil related news
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Re: peakoil is not a problem (my opinion)

Unread postby mkwin » Wed 11 Jul 2007, 09:52:57

mkwin gets his popcorn........The carm before the storm.
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Re: peakoil is not a problem (my opinion)

Unread postby MC2 » Wed 11 Jul 2007, 10:11:04

For sure, we can mitigate the problem to some degree, but it remains the key problem for our age. Surely, you see that we've built up a global consumption machine based on easy oil energy? A lot must change, but it's not totally hopeless.

Here are a few bullets from my (admittedly bush-league) thinking about this subject:

- We need a new economic model. To move millions of people daily to mostly meaningless jobs, and then back at night to their suburban homes is insane. We can save transportation costs across the board by PAYING people to stay the fuck home. Does this mean a certain subsistence level of welfare for all? Yeah, guess it does, at that. Cheaper to de-individualize the rewards basis system.

- We need central controls on all aspects of population and immigration law. Zero population growth in developed nations, and negative population growth in the teeming wilderness of the third world.

- We need decentralized production of energy. The national and global energy generation oligarchs have fought every move in this direction, but it's now critical that the energy infrastructure be decentralized and decoupled from the large scale structures to enable energy to be generated on a very local level. Governments must apply the same dollars now being wasted in keeping the old system alive in establishing a new one that enables this transition.

These are just a few. They are coming, whether we help them along or not. The more we can do to move the world in this direction, the sooner it can occur.
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Re: peakoil is not a problem (my opinion)

Unread postby BigTex » Wed 11 Jul 2007, 10:25:28

When 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.
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Re: peakoil is not a problem (my opinion)

Unread postby dinopello » Wed 11 Jul 2007, 10:40:25

$this->bbcode_second_pass_quote('bonjaski', 's')ome facts:

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


What is this energy that you speak ? Conventional electron energy exists when there is a differential in electrons, and it takes energy to create this differential. Hydrogen is similar.


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



What is a 'long time'? Also, are you presuming that oil flows at this rate til it is gone ? That would be a bad assumption.


$this->bbcode_second_pass_quote('bonjaski', '3')) high oil, gas price doesn't lead to high inflation, since it has a minor impact on industry
(if you don't believe it, just question yourself if the triplicated oil price raised the price of your car, computer, food?, for me it didn't ... )


Food hasn't risen in price?


$this->bbcode_second_pass_quote('bonjaski', 'a')nd as for heating: here in europe, oil is already replaced by sun, geothermal, biomass and electric based solutions so i think this isn't an issue anymore.


You didn't mention NG. Why is it you guys were getting so touchy with the Russians then? Tell em to shove their NG, you are getting warmed by the sun and dead cows. :razz:
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Re: peakoil is not a problem (my opinion)

Unread postby killJOY » Wed 11 Jul 2007, 10:42:45

Oh that's a relief.

I'm going to get a Hummer and run down my garden crops with it. I hate weeding anyway.

When someone asks me why, I'll tell them someone on the internetss told me his "killer" theory.
Peak oil = comet Kohoutek.
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Re: peakoil is not a problem (my opinion)

Unread postby mkwin » Wed 11 Jul 2007, 10:54:28

$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.


Energy demand in China could collapse as there will be reduced demand for all those factories - the China miracle will go into reverse.
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Re: peakoil is not a problem (my opinion)

Unread postby mkwin » Wed 11 Jul 2007, 10:59:23

One more point. Serious climate change - in excess of 450 ppm co2 - could be impossible, as we might not have enough hydrocarbons to burn. The IPCC has not considered energy constraints in their climate models.
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Re: peakoil is not a problem (my opinion)

Unread postby clueless » Wed 11 Jul 2007, 11:05:43

$this->bbcode_second_pass_quote('', 'p')eakoil is not a problem (my opinion)


[smilie=new_color_.gif]

When I tell them there's no problems...Only solutions.

Well they shake thier heads and they look at me as if I've lost my mind, I tell them theres no worries I'm just sittin here doin time....


We all know what happened to him, right ?
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Re: peakoil is not a problem (my opinion)

Unread postby pip » Wed 11 Jul 2007, 11:13:19

$this->bbcode_second_pass_quote('bonjaski', 's')ome facts:


3) high oil, gas price doesn't lead to high inflation, since it has a minor impact on industry
(if you don't believe it, just question yourself if the triplicated oil price raised the price of your car, computer, food?, for me it didn't ... )



The price of wheat has doubled, the price of corn is up ~75%.
The road goes on forever and the party never ends - REK
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Re: peakoil is not a problem (my opinion)

Unread postby kevincarter » Wed 11 Jul 2007, 11:19:30

Nice, then why were there gas lines in the 70's?

Also the US is literally designed to stay alive thanks to cheap energy, US economy goes down and we all will follow, say thanks to globalization. We are all tied in this.

Economy is everything.

So the question is, do you consider to prepare at all for PO? Or do you think no preparation besides buying a hidrogen car in the future is necessary? Just curious.
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Re: peakoil is not a problem (my opinion)

Unread postby clueless » Wed 11 Jul 2007, 11:23:02

$this->bbcode_second_pass_quote('', '3')) high oil, gas price doesn't lead to high inflation, since it has a minor impact on industry
(if you don't believe it, just question yourself if the triplicated oil price raised the price of your car, computer, food?, for me it didn't ... )


How about the cost of housing ? It has tripled, and has eveything to do with Oil - The more money that is printed and put into circulation to pay our fuel bill the more money will be reinvested into hard US assets by foreigners thus driving the prices up. You say there are no "problems" now, this cannot continue forever, we cannot continue to borrow 2 billion a day to pay for imports (which are mainly oil and oil derivitaves).
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Re: peakoil is not a problem (my opinion)

Unread postby emersonbiggins » Wed 11 Jul 2007, 11:44:13

$this->bbcode_second_pass_quote('bonjaski', '
')3) high oil, gas price doesn't lead to high inflation, since it has a minor impact on industry
(if you don't believe it, just question yourself if the triplicated oil price raised the price of your car, computer, food?, for me it didn't ... )


O RLY?

Image

Image
Source: Assoc. of General Contractors (PDF)

Image
Source: Assoc. of General Contractors (PDF)

Image
Source: Assoc. of General Contractors (PDF)

Image

Don't let the $500 flat screen television fool you; inflation in construction and commodities (in the production of REAL assets) has been off the hook for the last couple of years.
Last edited by emersonbiggins on Wed 11 Jul 2007, 11:56:04, edited 3 times in total.
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Re: peakoil is not a problem (my opinion)

Unread postby Veritas » Wed 11 Jul 2007, 11:48:25

$this->bbcode_second_pass_quote('emersonbiggins', 'O') RLY?


It's been a while since I've seen someone owned that bad :o
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Re: peakoil is not a problem (my opinion)

Unread postby mkwin » Wed 11 Jul 2007, 12:26:29

$this->bbcode_second_pass_quote('clueless', '')$this->bbcode_second_pass_quote('', '3')) high oil, gas price doesn't lead to high inflation, since it has a minor impact on industry
(if you don't believe it, just question yourself if the triplicated oil price raised the price of your car, computer, food?, for me it didn't ... )


How about the cost of housing ? It has tripled, and has eveything to do with Oil - The more money that is printed and put into circulation to pay our fuel bill the more money will be reinvested into hard US assets by foreigners thus driving the prices up. You say there are no "problems" now, this cannot continue forever, we cannot continue to borrow 2 billion a day to pay for imports (which are mainly oil and oil derivitaves).


This post is so full of nonsense it's almost meaningless. People really need to stop talking about stuff they don't understand as you're confusing people, which could cause them to make bad decisions. Just stick to talking about what you know.
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Re: peakoil is not a problem (my opinion)

Unread postby clueless » Wed 11 Jul 2007, 12:36:50

$this->bbcode_second_pass_quote('', 'T')his post is so full of nonsense it's almost meaningless. People really need to stop talking about stuff they don't understand as you're confusing people, which could cause them to make bad decisions. Just stick to talking about what you know.


Enlighten me Einstein...

Where are all those petrodollars going then ? Oh...let me guess the Saudi royals are putting them under their matresses.

What drives up stock prices ? Why has housing prices doubled Mr Greenspan ? Because foreigners are reinvesting their dollars in Mortgage Bonds.

You know people really need to quit talking about what they don't know.
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Re: peakoil is not a problem (my opinion)

Unread postby mkwin » Wed 11 Jul 2007, 14:34:35

$this->bbcode_second_pass_quote('clueless', '')$this->bbcode_second_pass_quote('', 'T')his post is so full of nonsense it's almost meaningless. People really need to stop talking about stuff they don't understand as you're confusing people, which could cause them to make bad decisions. Just stick to talking about what you know.


Enlighten me Einstein...

Where are all those petrodollars going then ? Oh...let me guess the Saudi royals are putting them under their matresses.

What drives up stock prices ? Why has housing prices doubled Mr Greenspan ? Because foreigners are reinvesting their dollars in Mortgage Bonds.

You know people really need to quit talking about what they don't know.


House price growth has been experienced in most developed countries. It is a result of low inflation and hence low global interest rates. MBS have lead to loose lending criteria but the main investors in equity portion - or most risky slice - of mortgage backed securities are hedge funds not petrodollars. The less risky portion - or senior slice - has been met my traditional bond investors like pension funds. They have been popular in the US but less so in Europe so they can't be said to account for the latest property cycle.
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Re: peakoil is not a problem (my opinion)

Unread postby clueless » Wed 11 Jul 2007, 14:41:54

$this->bbcode_second_pass_quote('', 's')ecurities are hedge funds not petrodollars


Where is the Hedge fund money coming from ?

There are (i am going to guess at the numbers) around 7 trillion dollars of oil and energy related transactions settled daily.

What you are saying (correct me if I am wrong) is none of those petrodollars end up in hedge funds ? Surely you cannot be that naive.
Last edited by clueless on Wed 11 Jul 2007, 14:51:51, edited 1 time in total.
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Re: peakoil is not a problem (my opinion)

Unread postby clueless » Wed 11 Jul 2007, 14:46:00

$this->bbcode_second_pass_quote('', 'H')ouse price growth has been experienced in most developed countries


You are an economist - I can tell by how you speak. A house never grows in "value" it is just a bunch of wood and concrete that keeps the rain off your head.

In regards to "house price growth" what you are talking about is currency appreciation or depreciation which means it takes more or less monetary units to purchase that house.

And that is controlled by how much money the govt. is printing and lending, so in effect there are a few "evil guys" profitting off this deal -Which you so vehemently denied in your earlier post.
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Re: peakoil is not a problem (my opinion)

Unread postby catbox » Wed 11 Jul 2007, 16:58:21

$this->bbcode_second_pass_quote('kevincarter', 'N')ice, then why were there gas lines in the 70's?
So the question is, do you consider to prepare at all for PO? Or do you think no preparation besides buying a hidrogen car in the future is necessary? Just curious.


For myself, I have come to the conclusion that even if peak oil were not a problem, living my life like it was is the way for me. Taking less, creating less waste, polluting less, and being much more self reliable is what I am trying to shoot for...PO or no PO. It's not easy but in the end it's the right thing for me to do.

Preparing for PO!

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