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Peak oil theory

#541 User is offline   TheRobster 

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Posted 13 February 2010 - 11:25 AM

Well it's mainstream news now isn't it? From what I understand the latest International Energy Association (IAE) report states they expect conventional oil supplies to start declining globally in the next 10 years or so. Governments seem to be taking it a lot more seriously as well now (UK Gov in the past has used the excuse that IAE reports didn't mention supply problems until about 2050 so they could ignore it, now latest reports put it much closer so they have to sit up and take notice now).

http://www.google.co...6c9946001627c7b

UK Gov. recently announced record £100 billion investment in offshore wind farms. US Gov. is investing record levels in alternative energy supplies and energy efficieny measures. Probably not a coincidence...

This post has been edited by TheRobster: 13 February 2010 - 12:02 PM


#542 User is offline   Mule 

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Posted 13 February 2010 - 12:01 PM

it looks like it was written by a hick, not an academic. Which I thought was odd as he said he had just finished law school or something! But out of curiosity, I searched peak oil through my uni's electronic resources and found "Search for "peak oil" in "Journal Articles" found 82872 results I don't have time to read any, but there are thousands of credible academic journals and articles which discuss it in some detail

#543 User is offline   Fat Wangkhar 

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Posted 13 February 2010 - 08:06 PM

well, we've got to have something to worry about now the glaciers aren't melting.

#544 User is offline   TheRobster 

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Posted 14 February 2010 - 07:57 PM

http://www.guardian....on-fuel-problem

#545 User is offline   Penthesilea 

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Posted 14 February 2010 - 08:26 PM

View PostTheRobster, on 14 February 2010 - 07:57 PM, said:


This would be a good thing for the environment. I have seen people drop vast amounts of chemicals in lakes and ponds to rid them of algae, when they can use this resource in a more better way then putting chemicals that last X amount of years plus it does kill fish and you basically can't harvest any fish from this lake or pond or swim for X amount of days. :)

#546 User is offline   TheRobster 

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Posted 14 February 2010 - 08:54 PM

Sigh.

#547 User is offline   Penthesilea 

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Posted 14 February 2010 - 09:52 PM

View PostTheRobster, on 14 February 2010 - 08:54 PM, said:

Sigh.

:blink: Why the long sigh, Robbie. Wasn't I being cordial enough? Or is it cause of the massive amounts of chemicals that people dump in the lakes, or ponds or whatever. :(

#548 User is offline   zoiX 

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Posted 15 February 2010 - 07:40 AM

What a shame. I fucking love lakes!

#549 User is offline   Penthesilea 

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Posted 16 February 2010 - 01:37 AM

View PostzoiX, on 15 February 2010 - 07:40 AM, said:

What a shame. I fucking love lakes!

Yeah, so does a lot of other people.

#550 User is offline   King Phil 

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Posted 17 February 2010 - 01:21 AM

I think his sigh originates from your total moronism and simplistic view.


Just a guess!

On topic, I don't think hundreds of billions of dollars being invested in alternative energy tech and supply is a coincidence nw :P

#551 User is offline   Penthesilea 

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Posted 17 February 2010 - 01:49 AM

View PostKing Phil, on 17 February 2010 - 01:21 AM, said:

I think his sigh originates from your total moronism and simplistic view.


Just a guess!

On topic, I don't think hundreds of billions of dollars being invested in alternative energy tech and supply is a coincidence nw :P

Moron, am I not :P simplistic~ I have to agree on that one :D As I like to avoid complicated people.

#552 User is offline   Dev 

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Posted 17 February 2010 - 05:26 PM

Quote

The work is part of a broader Pentagon effort to reduce the military's thirst for oil, which runs at between 60 and 75 million barrels of oil a year.

Quote

the projects, run by private firms SAIC and General Atomics, expected to yield 1,000 gallons of oil per acre from the algal farm.


1 oil barrel = 42 gallons. 23.8 Barrels per acre. Lets go with the conservative estimate of 60 million barrels. That makes it 2,521,008 acres. There 640 acres in a square mile - 3939 Square miles. (Wales is 8,000 square miles)

Quote

In 2008, the United States consumed a total of 7.14 billion barrels of oil (refined petroleum products and biofuels), which was about 23% of total world oil consumption.


Assuming its only a thousand million and not a million million - That equates to 468,750 Square miles. 6 times the size of the UK, just for the USA.

Yeah, can't see any problems there.

#553 User is offline   TheRobster 

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Posted 17 February 2010 - 07:12 PM

I think it would used to supplement declining conventional supplies, not as a wholesale replacement.

Obviously if they were planning on converting thousands of square miles to production of algae derived fuels the costs would be a lot different (opportunity costs due to loss of productive land etc).

This post has been edited by TheRobster: 17 February 2010 - 07:58 PM


#554 User is offline   Fat Wangkhar 

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Posted 17 February 2010 - 07:15 PM

yeah, but being fair it is the US. They have fields bigger than that.

#555 User is offline   Dev 

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Posted 09 June 2010 - 09:42 PM

Newsnight - That's the second time this week I've heard peak oil referred to.

#556 User is offline   King Phil 

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Posted 16 January 2016 - 01:05 PM

So this turned out to be complete bullshit ! :D

#557 User is offline   TheRobster 

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Posted 28 January 2016 - 09:33 AM

Too much unconventional oil...we'll probably replace oil as a fuel source before it runs out tbh.

#558 User is offline   King Phil 

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Posted 26 May 2017 - 10:58 PM

That's what I said years ago.
And generally said peak oil was bs. Most Babblerinos said I didn't know what I was on about.

Well I did, and they're all cunts.
That's how it works ,right?

This post has been edited by King Phil: 26 May 2017 - 10:58 PM


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