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Oil crisis coming???

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SHORTAGE!!!!

that guys is full of $hit! oil and gas are produced naturally inside the earth and as long as the earth remains geothermally active, there will be production of natural gasses and oil. even if there was a shortage on a great scale, the us would build more nuke plants. maybe we wouldnt be able to drive our cars but wed still have light and heat. but it would really suck if we couldnt!:D
 
I read the whole thing. Kind of scary. The scary thing is he seems to not be associated with the democrats or republicans, or the tree-huggers or the oil companies, or the US or a foreign nation etc etc. He seems to be a regular person who is concerned over an impending crisis. I hope he is wrong but he sure sounds like he is right.:eek:
 
I didn't finish reading the article because there is an assumption that the author is right.
Just because it is in print and well written doesn't make it so.
Using a bell curve to describe oil production costs? Bell curves. or more properly Gaussian shaped curves are used to describe statistical distributions of data points.
Sure, one day oil will probably run out, but the sun is expected to burn out, too.
Do the experts who predict the peak oil year take into account the increased efficiency of fossil fuel burning motors?
There are too many questions and assumptions to take this article seriously.
 
does anybody remember the time machine thread a few weeks ago on here? that story was a well written one too and everyone could believe it since it was so well written and that's EXACTLY what this guy did on this oil thing...granted oil supplies will not last forever but they will in our lifetimes...oil is not really supposed to be used up until around 2100 or so...so we have PLENTY of time...by then we will be so technologically advanced we won't even need oil...hell i bet someday we will find oil on other planets if we need to...
 
One day there might be a crisis like that but I dont think in my(our) lifetime. My theory has always been when oil does run out than we will already have an alternative energy source in place, for example hydrogen. Our modern economy is based on energy and transportation so one would think that if,say tomorrow there was no oil, than Mobil-Exxon,BP,GM,Ford and others will have an infrastructure and products ready to meet the demand.
 
Originally posted by turbofish38
One day there might be a crisis like that but I dont think in my(our) lifetime. My theory has always been when oil does run out than we will already have an alternative energy source in place, for example hydrogen. Our modern economy is based on energy and transportation so one would think that if,say tomorrow there was no oil, than Mobil-Exxon,BP,GM,Ford and others will have an infrastructure and products ready to meet the demand.

IN a nutshell Turbofish is correct & I agree..

thy oil/energy companies have a backup plan to squeeze money out of us no matter what energy source

There infastructure is already there. they have all the gas station properties in place. Pumps can be pulled & new style refuelling will be able to be put in place very easy.
 
OH yeah it may or may not happen in my lifetime but I would sure hedge my bets & load up on energystocks.
It doesn't matter what kind of companies. as long as they
currently deal in OIL, Nat GAS, Propaine, HYDROGEN, WIND, SOLAR, ELECTRICAL..

I have placed some bets (opps I mean stocks) into this area as a speculation.
 
Chilling!
Its hard to find any ulterior motive. Very compelling. I certainly agree with his population thoughts. We cant live this well forever being such a small percentage of world pop and a voracious consumer.
Keep in mind, no people as a mass unit , have lived as well as we do at anytime in the worlds history.
Could ot be true? Look at how the media and gov worries about small things. And larger issues are not even spoken about.
 
The Idea is silly. The US has a 500 year reserve of coal. Canada has a 500 year reserve in Oil sands

We can make gas from coal and oil sands. It just costs $2.00 a gallon.

Why make gas from coal when we buy gas for $.50 -.70 a gallon all day? When we can't, we will go elsewhere.

Rising Petrol prices are due mostly to TAXES.

25 years ago "Sky is falling" guys like this used to hang out on street corners with sandwich boards shouting tails of impending doom. (I remember them). We were supposed to run out of gas in 1981... Runaway global warming would occur in 1995... blah, blah, blah

With the internet, cracked pots can reach a huge audience with the touch of a button. It's the same type of guy that was on the street corner 25 years ago, but he has 25 years of TECHNOLOGY to make his job easier.

Do you think 25 years ago, sandwich board guy imagined that he would be sitting at a computer, spreading his thoughts to millions? If he couldn't see that, how can you believe ANY of his other predictions?
 
It's already here, isn't it?

Gasoline hit records highs last summer and has only dropped a token amount since.

Gasoline is expected to hit records highs again this coming driving season - perhaps $2.50 per gallon in places accustomed to cheap gas.

And OPEC is closing off the spigot here in February, coming off a brutal winter in the northern hemisphere.

Not good...

:rolleyes:
 
Some things that he does not mention but I have theorized about that BACK UP his argument are this: for the last 25 years or so,technology has been the only reason that the inelastically demanded oil has not become way more costly. Mainly the ever increasing mpg of every vehicle. As car guys we know that the family 1970 Buick wagon got 6-11 mpg only after its point/plugs/carb were set. Even the sport flukes of today not only get more mpg, but they stay in tune forever. Even such technology such as computer/internet /email is an oil saving thing.
All this has occured while America has more than doubled miles driven in 20 years. Of course , we just cant get it in our heads that growth is a bad thing that will soon make everything more chaotic and expensive. With our insistance on growth and no immigration enforcement, and our aging infra structure, we are basically going to have a sort of rebuilding of America. This can have soom good in the form of opportunity, problem is, this isnt 1970, so it will cost way more and produce way less for the $ when its done. Why? because of environmental regs, ADA, quota, EEOC laws, bureaucracy, more civil suits etc.

Lundbeurg has said that oil Co are shooting for a $2/gal mark. And we know that after adjusting , a gal of 1986 gas is still higher than now. Everything in America is about to cost more because we are trying to be everything to everyone. And people love population growth for some reason-maybe it makes them feel like their area is "on the move, and hip".

The only motive I can see this guy having is maybe he is a flaming liberal who hates oil and this is his trojan horse way of arguing America away from oil. I dont think so though and do see him as more right than wrong.

UNGN: I got some Richmond 6 speed news-they found problem on their sychronizers! That they didnt even realize was there. I need t o PM ya.
 
There isn't an oil shortage as long as we can start drilling again in texas and alaska. Eliminate the EPA and the WWF and the problem is solved.
 
Originally posted by 88 CuttyClassic
There isn't an oil shortage as long as we can start drilling again in texas and alaska. Eliminate the EPA and the WWF and the problem is solved.

You forgot a few others,, tree huggers Sirra Club, Green peace, wild life club, an more assorted wackos..
 
no oil? I'm so scared. yawn.

Do a search for "super volcano". We should've been toast 40,000 years ago. Something tells me it'll probably wait another 50 years or so.

Just like our oil supplies
:rolleyes:
 
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