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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?


To: kryptonic6 who wrote (580)5/19/2005 5:18:27 PM
From: Mahatmabenfoo  Respond to of 1183
 
"Unfortunately, the "smooth transition" theory is not consistent with evolution, history, ecology, or thermodynamics"

Oh, it's not like I disagree, exactly...

I'm not any kind of a physicist, and I don't know in that way; and anyhow -- what could I do, anyway? To change my behavior to accommodate such a doomsday scenario. Everyone has their limit where data meets an inability to comprehend.

The Cassandra aspect is what's so weird. Why just on this board, we see the gathering of signs like crows.... the failure of airlines, the reports of failure from the wellhead.... and in the NYTimes today predicted delays in pulling out our troops.

If anything, the most realistic appraisal looks a lot darker now than it did three months ago. How long has Matt Simmons said maybe the Saudis peaked in 1981!! Or that Ghawar might be 90% depeleted, in part thanks to American recommendations to use pressurized salt water since the 1980s... Natural gas could peak, and disappear disappear 15 years after that...

That creates at least three major possibilities:

[1] we are already past peak. The powers that be are artificially jamming existing wells for everything they've got -- both stalling the inevitable, but also making the inevitable decline much more fierce and fast.

[2] Peak is now. It'll be a bitch. Soon people in countries Americans can't find on a map will die from computer guided missles.

[3] The Department of energy is right. Peak is about 20 years away. Or something. But we have all that oil shale which isn't even really oil but we call it that; even though returns on energy. Or something... snoooze...... what time is it?

a cool sunny Spring day, and everybody driving happily home.

Think I'll turn on the radio, check out some tunes.

- Charles