^ Here we have 2 graphs on 1 scale. We have in the vertical bars the annual discoveries of oil each year, and in the horizontal line is the annual production of oil each year. And notice since the 1980's, we've been producing about twice as much as we've been finding.
Yet you've seen and heard and read statements from Ph.D.
non-scientists that
"We have greater resources now of petroleum than ever before in history".
What in the world are they smoking?!
If there were no oil, the fascist elite would stop its growth.
It's not that there is 'no oil'. There will be oil in the ground long after humans are no longer around. The problem is that oil is having diminishing returns. It's taking more and more energy to pull the oil out of the ground, and eventually oil will cease having an energy profit ratio and stop being an energy source altogether. Couple that with the fact that less and less oil can be produced, and you have a serious problem.
I know you go to infowars and you know all about the elite and all of that and how they want to reduce the population to a few million. Well guess what? If Alex Jones is right about the whole illuminati/NWO thing and their population reduction plan, then this is going to be their greatest opportunity to finally achieve that goal.
When the U.S.S.R. collapsed in 1991, North Korea was almost completely dependent on Soviet oil. When the chaos factor, hit, the agricultural production of the NK's went off a cliff. People started to starve, for their food, as nearly all food production in the world is, was dependent on oil.
HELLO!!!! If it can happen in NK, it can happen in the beautiful United States. If we simply cruise along like we've been doing, we're screwed. Majorly and utterly. There is no denying this fact.
Some more recent developments for those of you that insist on denying reality:
US report acknowledges peak-oil threat
It has long been denied that the US government bases any policy around the idea that global oil production may be in terminal decline.
But a new US government-sponsored report, obtained by Aljazeera.net, does exactly that.
this brand new senior-level report on "peak oil" is unprecedented in US government circles. It is not just the existence of the report itself that is such a landmark in the current oil debate. Its conclusions also pull no punches.
"World oil peaking is going to happen," the report says. Only the "timing is uncertain".
"The development of the US economy and lifestyle has been fundamentally shaped by the availability of abundant, low-cost oil. Oil scarcity and several-fold oil price increases due to world oil production peaking could have dramatic impacts ... the economic loss to the United States could be measured on a trillion-dollar scale," the report says.
Remember when I cited Petroleum geologist Dr. Kenneth Deffeyes a few pages back?
"We were always afraid, 'What would it be like to live after the Hubbert peak with world oil declining?', and I have this list of things:
- 7 trillion dollars lost out of the U.S. stock market
- 2 million jobs lost in the United States
- Federal budget surplus gone
- State budget surpluses gone
- The middle class dissappearing"
Now this official report is saying the same exact thing he warned us about 2 years ago.
The report then takes three possible scenarios and outcomes. Firstly that energy replacement solutions, or "mitigation" as the report states, are started 20 years before any "peak". Secondly that solutions are only enacted 10 years before any peak and, thirdly, that solutions are only put into practice as the peak becomes apparent.
In what some may see as an optimistic assessment, the authors believe 20 years is enough time to limit damage from any peak. However, they point out that "if mitigation were to be too little, too late, world supply/demand balance will be achieved through massive demand destruction".
Demand destruction is a modern way of saying catastrophic recessions and shortages. But as well as these predictions, the report lays out "signals" it believes will be apparent in the run-up to any peak. This is perhaps the most worrying aspect of the report, as it seems to describe the very events that are taking place at the moment.
But in its conclusion the report makes troubling reading, noting that "the world has never faced a problem like this[/size][/i]. Without massive mitigation more than a decade before the fact, the problem will be pervasive and will not be temporary. Previous energy transitions were gradual and evolutionary. Oil peaking will be abrupt and revolutionary."
Oil prices confound experts
"World oil supply fell by 645,000 bpd in January to 83.6 million barrels per day, mainly on declines in Opec supply," said the Paris based organisation. "Non-Opec supply from Canada, Norway and the US Gulf of Mexico remained curtailed and Russian output fell for a fourth month."
In other words Opec did not cut it's supply, but the supply simply "declined".
That would be consistent with passing the peak.
Presentation of Peak Oil in the the U.S. House of Representatives:
56K modem streaming RealVideo
128K broadband streaming RealVideo
(requires
RealOne Player or higher)
Here is a Windows Media stream (needs
Windows Media Player 9 or higher). The quality is not quite as good as the RealPlayer versions.
56K modem streaming Windows Media
At least the issue is becoming more mainstream now and is being acknowledged as unimpeachable reality.
C'mon, Godless. Oil is a finite resource. Finite resources are subject to depletion. Oil is subject to depletion. Oil is depleting. This is not a hard concept to grasp.
Even a little kid in grade school science class can tell you that oil will not last indefinately. Since oil is a finite resource, it's depletion is simply a function of time. We've been using oil for over a century and a half now, and been using more with every passing year. We've been using more that we've been discovering and it had to catch up to us someday.
Ever since the beginning of the oil age, people knew that this prosperous oil era would not last forever. They knew that one day oil production would peak and go into decline once geologists patterned depletion modeling. We've known that the more you use of the stuff, the less that will be there later on. We've known that exponential rates of growth in consumption of resources cannot possibly be sustained. And we've known that one day, our overconsuming greed-driven profit-motivated capitalist practices that pawn the consequences of current actions on future generations would one day finally catch up to us. We knew that sooner or later, one day we'd have to pay the piper.
And that day has finally come.
