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Peak oil theory

#521 User is offline   King Phil 

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Posted 04 October 2009 - 10:56 PM

You're right, I didn't read it.


#522 User is offline   Croc 

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Posted 08 October 2009 - 08:24 AM

http://news.bbc.co.uk/1/hi/uk/8296096.stm

It's back!

#523 User is offline   Sticky 

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Posted 08 October 2009 - 12:36 PM

QUOTE(Croc @ Oct 8 2009, 08:24) View Post

scaremongerer!




tis all bollocks Thumb2.gif

#524 User is offline   TheRobster 

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Posted 08 October 2009 - 02:35 PM

Which bit, the Peak Oil theory itself or the impact it's supposed to have when it happens?

#525 User is offline   DrWu 

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Posted 08 October 2009 - 07:00 PM

I still stand by it all!

#526 User is offline   TheRobster 

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Posted 08 October 2009 - 07:03 PM

Won't be the end of the world. Already we can see Governments pushing through big changes in order to diversify energy sources (e.g. Obama, EU etc).

#527 User is offline   Sticky 

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Posted 09 October 2009 - 09:17 AM

QUOTE(TheRobster @ Oct 8 2009, 14:35) View Post

Which bit, the Peak Oil theory itself or the impact it's supposed to have when it happens?

the theory. tis just that: a theory, backed up by very little hard evidence. scaremongerism!

#528 User is offline   TheRobster 

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Posted 09 October 2009 - 04:56 PM

QUOTE(Sticky @ Oct 9 2009, 09:17) View Post

QUOTE(TheRobster @ Oct 8 2009, 14:35) View Post

Which bit, the Peak Oil theory itself or the impact it's supposed to have when it happens?

the theory. tis just that: a theory, backed up by very little hard evidence. scaremongerism!

Not really...various oil producing regions of the world have already peaked in terms of oil production and are in decline (e.g. USA, North Sea). Every region will eventually decline...since there's only so many places you can drill for oil then at some point you're going to run out of places to get it from.

Remember we're only talking about the easy (i.e. cheap) oil though...there's plenty of it if you consider all possible sources, it will just become increasingly expensive to get to what's left.

#529 User is offline   DrWu 

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Posted 09 October 2009 - 09:25 PM

I wouldn't bother Rob, he hasn't taken the time to find out about it.

#530 User is offline   TheRobster 

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Posted 09 October 2009 - 09:51 PM

Well I have and I still don't agree with you!

(Mostly...)

#531 User is offline   DrWu 

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Posted 09 October 2009 - 10:07 PM

Agree with me in what sense? I'm not saying the world will end, but peak oil is a fact. There's nothing to disagree with in that sense.

#532 User is offline   TheRobster 

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Posted 10 October 2009 - 09:30 AM

Peak of conventional (easy) oil, yes almost certainly a fact.

That it will have a massive impact on western civilisation? I think this is unlikely (there will be some impact, probably increased energy costs until alternative (renewable?) supplies can be brought on line).

I dunno...it just doesn't worry me a great deal compared to some other stuff that might also happen, e.g. climate change, terrorism, being hit by a car on the way to the shops etc.

This post has been edited by TheRobster: 10 October 2009 - 09:30 AM


#533 User is offline   King Phil 

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Posted 10 October 2009 - 05:15 PM

QUOTE(TheRobster @ Oct 10 2009, 10:30) View Post

Peak of conventional (easy) oil, yes almost certainly a fact.

That it will have a massive impact on western civilisation? I think this is unlikely (there will be some impact, probably increased energy costs until alternative (renewable?) supplies can be brought on line).

I dunno...it just doesn't worry me a great deal compared to some other stuff that might also happen, e.g. climate change, terrorism, being hit by a car on the way to the shops etc.


How's that ever going to happen Rob? You don't have to cross the road to get to the shops.

I'm advocating the use of boomtronium as an alternative energy source.


#534 User is offline   TheRobster 

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Posted 10 October 2009 - 05:21 PM

Boomtronium ftw tbh. \o/

#535 User is offline   DrWu 

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Posted 11 October 2009 - 03:17 PM

I can't understand how you can be more worried about terrorism.

anyway, we've been here before haven't we. Until some comes up with realistic and transportable alternative that themselves aren't peaking, I'm in the "we're fucked" camp. It will be a slow crash though.



#536 User is offline   TheRobster 

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Posted 11 October 2009 - 05:48 PM

Most transport can be electrified so you don't need liquid fuels for transport.

Agriculture might suffer but there are alternatives to oil derived products such as fertilisers etc.

Anyway...there's nowt we can do about it personally so I don't worry too much about it...

#537 User is offline   DrWu 

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Posted 11 October 2009 - 05:59 PM

You know the answers to those questions. Where does electricity come from, where does the charging infrastructure come from, replacing all the existing cars/tractors/power plants etc

Some alternatives to pesticides etc, but not many, and where do they come from?

#538 User is offline   TheRobster 

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Posted 11 October 2009 - 08:23 PM

There's a recent Ofgem report out that concluded the UK needs to spend about 200 billion on its energy infrastructure by 2020 in order to adapt to a world of scarcer and more expensive energy (which will include a large % of renewables). Energy bills are set to rise by up to 60% in order to fund this. Harsh, but probably not the the end of the world.

As for argiculture...all you really need for fertilisers, pesticides etc are the raw materials, which don't have to come from conventional oil but usually do simply because it's cheap. When this stops been the case then the hydrocarbons will have to come from somewhere else, e.g. less conventional oil sources (oil shale?), bio-hydrocarbons from algae, even coal can be used (UK has loads of that). All this is probably going to be more expensive than the cheap oil we're used to historically but it's still a feasible source.

#539 User is offline   DrWu 

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Posted 11 October 2009 - 09:05 PM

60%? considering how much prices have gone up in the last couple of years that seems ludicrously low. Imagine the spike when the next middle east conflict happens. Even if it is 60% that's still a lot, but yes I agree it will affect luxuries rather than being able to eat.

Rob, you know as well as I do that's it all about economics.Its not about the availability of resources in terms of raw power, not yet anyway. And since the markets are all linked to growth and not decline the real issues, medium term, are about economic stability, not being able to power your telly.

#540 User is offline   DrWu 

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Posted 13 February 2010 - 01:41 AM

http://www.forbes.co...er=contextstory

Thoughts?

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