Phoenix Network Forums

I don't know if you guys know about this or not, but if you do not know about it then you should.

http://www.lifeaftertheoilcrash.net/

I am personally moving out of the city in the future, cause I give it about 10 more years of cars and fun... then bang.

Let me know what you think about this. I didn't want to go off until people read the link and gave their own feedback.

This has been writing on the wall for ages. Now the wrting is getting bigger and easier to read as we get closer.
Not only are western countries consuming vast amounts - whilst being seemingly unconcered about the costs, both finacially and enviromentally - the emerging inustrialisation of Asia (in particular China and India) will i feel take us over the edge much sooner than forecast.

I agree with all of your points. I have been looking at the military build-up in China and with some major concern. I think the terrorist issue is such a joke in the long term world requirements for safety and security. We need to start concentrating on finding other ways to fuel our demand for the black gold. A friend of mine, who has his PhD in physics, said a bunch of his colleges lost funding for alternative fuel projects. One of them had all of his findings purchased though the university, and told to stop work, while his findings were intellectually sealed off from the world through a unnamed corporation funded though an oil company. What is that about?

I should try to get my buddy on these forums to tell you his story.

i have no doubt that the major oil companies, fuel companies and government agencies have already, probably for many years, been researching and designing alt fuel machines, generators etc etc. They realise the (oil) bubble will burst sooner rather than later and will also realise that the major money to be made will be in the new generation of fuels and devices needed to provide energy and other products.
They may be greedy but they are not stupid. However there is a lot more money to be made in the oil industy, especially as it becomes more scarce, before they release these new technologies to the world.

So I guess this means invest in oil while you can still afford it?

ngunder wrote:So I guess this means invest in oil while you can still afford it?

yeah but make sure you get out in time!

To put Cheney’s statement in perspective, remember that the oil producing nations of the world are currently pumping at full capacity but are struggling to produce much more than 84 million barrels per day.

I stopped reading when they claimed that, well that's a lie I continued reading but you get my point.

http://news.ft.com/cms/s/df46e642-b42a- ... e2340.html
http://www.gasandoil.com/goc/news/nta44338.htm
http://www.jang.com.pk/thenews/mar2004- ... ss/b14.htm
http://www.research.cornell.edu/VPR/AR/ ... ch/05.html

I stopped reading when they claimed that, well that's a lie I continued reading but you get my point.

http://news.ft.com/cms/s/df46e642-b42a- ... e2340.html
http://www.gasandoil.com/goc/news/nta44338.htm
http://www.jang.com.pk/thenews/mar2004- ... ss/b14.htm
http://www.research.cornell.edu/VPR/AR/ ... ch/05.html

Hey, nice links. However, this is not much oil we are talking about.

Let’s do a little math together…

1.5bn - Afghanistan
36 bn (maybe 72?) - Libya
27 bn - Pakistan
(tens of billions?, hmmm lets just say 100bn) - Gulf of Mexico

Ok, so we add these up - 200 Bn or so.

Then we take the world production of 67 million, or 0.067 Billion and take the following:

- We currently need 83.5 million barrels per day.

67-83.5 = -16.5 or (-0.0165 Billion)

Assuming they were to get these reserves rolling at full production, we would only have enough oil in the above links for an additional 12121 days (200Bn/0.0165Bn). That is 33 years assuming 0% growth in the world. Since 2004, China has doubled its need for oil to double digits, so that would be just stupid. We are projected to need 120 million barrels per day by 2020. Do the numbers on that.

I have heard so many examples of oil here and there, but how long does it take to get to that oil.

Why the heck would Libya want to sell the US oil?

On just the gulf and its 10s of billions. Has there been any detailed survey data completed? What sort of technology do we have to get oil out of the gulf? Oil rigs right? These are not cheap (The P-36 rig cost $350 million). Who plans on investing in a scientist and his hurricane oil field with million dollar rigs. Do you know what ROI is?

This all looks like a clock waiting to blow. I give it 5-10 more years at best.

No where in my post did I say those oil reserves magically fixed any deficit, and I applaud you for your analysis. However, there are certain aspects of that website which are factually incorrect, which was all I was showing.

I think peak oil is a scam. The US has more than enough oil to last a long time, such as in Alaska and the Gulf of Mexico area. Venezuela is estimated to have 1.36 TRILLION barrels of oil.

http://www.zmag.org/content/showarticle.cfm?ItemID=10318

We aren't running out. But I do think we need to look for alternative fuel sources such as zero-point energy. Too many rich people and companies are making too much money to let things change much. How sad.