PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: Doug R who wrote (324)	4/15/2005 6:09:22 AM
From: kryptonic6	of 1183

"It will take a lot of oil to build such an infrastructure." Oil that we won't have. The peak event is THE POINT OF NO RETURN for industrial society. After that, there is no more surplus energy to fuel development of new infrastructure. "Petroleum geologists have known for 50 years that global oil production would "peak" and begin its inevitable decline within a decade of the year 2000. Moreover, no renewable energy systems have the potential to generate more than a fraction of the power now being generated by fossil fuels." --Jay Hanson, DieOff.org Jesse

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