Peak Oil is You
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Page added on November 16, 2010
Peak Oil Was Reached In 2008
Jim Puplava (FSN) interviews Collin Campbell who says peak oil was reached in 2008.
If that’s true, then humanity now faces the long decline (what James Howard Kunstler calls “The Long Emergency”) down the backside of the Hubbert curve. Global economic contraction, civil unrest, famine, war, and a dramatic reduction in worldwide population are all likely, if not inevitable*, consequences as people and governments around the world adjust to the painful and frightening reality of survival on a post-oil planet.
Recorded: Nov 12, 2010
*It didn’t have to be this way. It’s not like we weren’t warned. We’ve had forty years to make the transition to an economy not entirely dependent on liquid fossil fuels. But government and industry decided to stick their collective heads in the sand and do…nothing. Nada. Zip. Forty years of inaction since the first Arab oil embargo, and now we’re screwed, basically. Nice job.
2 Comments on "Peak Oil Was Reached In 2008"
KenZ300 on Tue, 16th Nov 2010 9:50 am
Quote — “Global economic contraction, civil unrest, famine, war, and a dramatic reduction in worldwide population are all likely, if not inevitable*, consequences as people and governments around the world adjust to the painful and frightening reality of survival on a post-oil planet.”
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WOW ! ! !
Will we transition to a combination of biofuels and electric vehicles fast enough? Will you buy an electric vehicle or one that runs on ethanol?
The ever expanding world population might have met it’s match. Is population collapse next?
Can we produce local energy and local jobs in sustainable communities? Wind, solar, geothermal and biofuels all can be produced locally.
James on Wed, 17th Nov 2010 10:46 am
KenZ,
You don’t grasp the whole idea of alternative energy. It takes some from of Oil or gas to produce it. Ethanol is produced from a living plant that must be planted, fertilized, harvested and processed into alcohol. Planting and harvesting requires machinery that requires fuel, which comes from oil. Fertilizers come from natural gas which is also beginning to peak. Pesticides come from oil derivatives.
Your battery powered car requires a battery which is not able to sustain high speeds and has to be charged at intervals of 8 hours or more. So, if you are on a trip to grandma’s and she lives 800-900 miles away. You would have to schedule 2-3 charging times of 8 hours or more. So, add 124 hours or more to your trip that normally would not require that much time. The physics of a battery will not allow the charging times to be shortened. Otherwise it would overheat and possibly explode. Also, after the batteries have been in service for awhile, they start to wear out. So, you would have to come up with at least 1/3 the price of the car or more to replace the battery pack. $15,000 car with batteries means you have to cough up $5000 for a new battery pack every so often in addition to other maintenance costs. All the electricity producing methods won’t be able to produce electricity at the levels needed to sustain the level of industrialization we have today.