Oil Crash...bring the foil hat...

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Illuminatus Primus
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Oil Crash...bring the foil hat...

Post by Illuminatus Primus »

"You know what the problem with Hollywood is. They make shit. Unbelievable. Unremarkable. Shit." - Gabriel Shear, Swordfish

"This statement, in its utterly clueless hubristic stupidity, cannot be improved upon. I merely quote it in admiration of its perfection." - Garibaldi in reply to an incredibly stupid post.

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theski
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Post by theski »

Oh yeah this is Topic number 1 at Tinfoil central...DU... The Great die off is just about to start.....
Sudden power is apt to be insolent, sudden liberty saucy; that behaves best which has grown gradually.
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Post by Stuart Mackey »

Time to buy leather clothes, gun, hot up a Falcon or a Holden, and get a aussie cattle dog..

Mad Max.. here we come!!!
Via money Europe could become political in five years" "... the current communities should be completed by a Finance Common Market which would lead us to European economic unity. Only then would ... the mutual commitments make it fairly easy to produce the political union which is the goal"

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Admiral Valdemar
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Post by Admiral Valdemar »

When the peak of oil production is reached, and that may occur anytime in the next couple of decades, then problems will arise. The world relies on the black gold of this planet to sustain everything in our modern industry, without it you get big problems.

The '70s oil problems would be a picnic compared to what could happen if we're not prepared.
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Post by Illuminatus Primus »

We need to pour money into converters which can break down most hydrocarbons coupled with hydrogen fuel cells, as well as into hydrogen fusion.
"You know what the problem with Hollywood is. They make shit. Unbelievable. Unremarkable. Shit." - Gabriel Shear, Swordfish

"This statement, in its utterly clueless hubristic stupidity, cannot be improved upon. I merely quote it in admiration of its perfection." - Garibaldi in reply to an incredibly stupid post.

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Stuart Mackey
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Post by Stuart Mackey »

Admiral Valdemar wrote:When the peak of oil production is reached, and that may occur anytime in the next couple of decades, then problems will arise. The world relies on the black gold of this planet to sustain everything in our modern industry, without it you get big problems.

The '70s oil problems would be a picnic compared to what could happen if we're not prepared.
If that article is true there is no way you can prepare. having said that, without doing any real reaserch, that article makes me think this chappie is being a bit selective about what he uses as evidence.
Still, good thing I know how to grow food.
Via money Europe could become political in five years" "... the current communities should be completed by a Finance Common Market which would lead us to European economic unity. Only then would ... the mutual commitments make it fairly easy to produce the political union which is the goal"

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Stuart Mackey
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Post by Stuart Mackey »

Stuart Mackey wrote:
If that article is true there is no way you can prepare. having said that, without doing any real reaserch, that article makes me think this chappie is being a bit selective about what he uses as evidence.
Still, good thing I know how to grow food.
Actually the more I read the more it sounds like scaremongering.
None of the currently available alternatives have anywhere near the profit margin that oil does. Even if an oil executive wanted to "do the right thing" and pursue oil alternatives, it is illegal for her to do so if it is not in the best interests of the company
This is horse shit in the way he presents it. He is saying that an oil company can only be an oil company. This is like saying a sheep farmer cannot convert to dairy farming :roll:
Via money Europe could become political in five years" "... the current communities should be completed by a Finance Common Market which would lead us to European economic unity. Only then would ... the mutual commitments make it fairly easy to produce the political union which is the goal"

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lance
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Post by lance »

A better example would be a sheep farmer can't expand into dairy farming.
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Post by Stuart Mackey »

lance wrote:A better example would be a sheep farmer can't expand into dairy farming.
Indeed. It is interesting is it not that small things like this make one suspect the author of pushing something.
Via money Europe could become political in five years" "... the current communities should be completed by a Finance Common Market which would lead us to European economic unity. Only then would ... the mutual commitments make it fairly easy to produce the political union which is the goal"

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tharkûn
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Post by tharkûn »

1. The guy never adresses the issue of fusion power. We will never run out of material for fusion power.
2. While it does take oil to mine for fissile material and coal, once we hit peak it isn't like oil dissappears. So the price of nuclear power goes up, slightly, due to the increased cost of running the machines to harvest nuclear fuel.
3. Technology allows us to recover previously uneconomical oil at cheaper prices, indeed throughout the article it appears to be a given assumption that technologies for energy procurement (such as refining plant material, harvesting shale deposits, or mining coal) will remain static. The efficiency with which we procure energy supplies should only increase.
4. "Furthermore, implementation of use of Helium 3 on Earth would require many technologies yet to be created. Foremost among them are super conducting magnets, plasma control and diagnostics, robotically controlled mining equipment, life support facilities, rocket launch vehicle, telecommunications, power electronics etc." :lol: Would the author like a firsthand look at superconducting magnets. I have an 18 T one right behind me; these suckers are OLD hat. Plasma control ... ITER, JET, etc. Robotically controlled mining equipment ... I don't know robotics all that well but isn't that already feasible? Life support facilities ... MIR, ISS, etc. I just don't see why these technologies are "yet to be created". Certainly the author's knowledge of the field is abysmal.
5.
You're not even trained in science. What makes you think you know what you are talking about?

I am simply taking what the true experts are saying and condensing it into a bite size format. Alot of the Peak Oil websites are not what I would call "newbie friendly." Also, many fail to connect the dots between Peak Oil and recent world events. So I created this one.
I'll remember that when I turn around to look at the magnet yet to be created :roll: .


Seriously the guy is right that the price of oil will eventually go up, but there is absolutely nothing precluding the world from simply developing other infrastructure to support coal, nuclear and other power. Even if it costs trillions of dollars, in a true crisis the governments of the world can leverage that type of cash.
Very funny, Scotty. Now beam down my clothes.
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Post by Stark »

Stuart Mackey wrote:Time to buy leather clothes, gun, hot up a Falcon or a Holden, and get a aussie cattle dog..

Mad Max.. here we come!!!
Don't forget the mullet! 80s Neighbours here we come! :D
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Stuart Mackey
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Post by Stuart Mackey »

Stark wrote:
Stuart Mackey wrote:Time to buy leather clothes, gun, hot up a Falcon or a Holden, and get a aussie cattle dog..

Mad Max.. here we come!!!
Don't forget the mullet! 80s Neighbours here we come! :D
Arghh..crap, the world economy going down the shitter I can handle..the collapse of civillisation as we know it is fine and dandy, what I could never tolerate is fashion from the 80's..better to obliterate humanity in clensing nuclear fire..
Via money Europe could become political in five years" "... the current communities should be completed by a Finance Common Market which would lead us to European economic unity. Only then would ... the mutual commitments make it fairly easy to produce the political union which is the goal"

Jean Omer Marie Gabriel Monnet
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Vendetta
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Post by Vendetta »

tharkûn wrote:1. The guy never adresses the issue of fusion power. We will never run out of material for fusion power.
We are going to have to make it work first though.

Making economically viable hydrogen fuel cells for energy generation in transport and domestic sectors will be first.

(GM already have a fuel cell driven concept car)
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Admiral Valdemar
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Post by Admiral Valdemar »

Vendetta wrote:
tharkûn wrote:1. The guy never adresses the issue of fusion power. We will never run out of material for fusion power.
We are going to have to make it work first though.

Making economically viable hydrogen fuel cells for energy generation in transport and domestic sectors will be first.

(GM already have a fuel cell driven concept car)
Most companies already do. The problem is the platinum which raises the price of the unit. If they can lower the content then you can easily see fuel-cell cars becoming the norm.

Not bad given fuel-cells were invented the best part of 200 years ago.
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Post by tharkûn »

We are going to have to make it work first though.

Making economically viable hydrogen fuel cells for energy generation in transport and domestic sectors will be first.
Not really. The first thing is a fusion power plant for supplying cheap electricity. If we can make cheap electrical power with fusion we can simply divert natural gas for transport. The infrastructure for piping natural gas is already very extensive and we have engines that run on them.

The problem with a diminishing supply of cheap oil will be greatly offset if another fuel supply (namely water) can be used for some applications.
Very funny, Scotty. Now beam down my clothes.
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