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Gold/Mining/Energy : Peak Oil - Not If but When -- Ignore unavailable to you. Want to Upgrade?

To: veritas501 who wrote (110)	4/12/2011 6:48:05 PM
From: Drygulch Dan	Respond to of 129

Businesses will continue as usual until they can't. Governments are not in control. They never have been, they never will be. I recall considering peak oil about 20 years ago. Since then not much has happened to convince me that the problem will become dire soon. People started mining oil over 100 years ago. Mining has improved a lot in the last 30 years. Yet there is still a lot of earth to scratch and some of it to be rescratched. I think you will find a larger audience for your discussion 20 or 30 years out from now. In the meantime, I am willing to continue betting on the side of big oil business. The market tends to frustrate those who have foresight. A friend used to refer to himself as Earl E. Buyer, One ends up being wrong until one is proved right. It all comes down to timing and managing the risk for the duration. I have some solar panels and a wind powered generator on my boat. They help extend the amount of time between recharging the battery bank. I know how to manage my energy carefully when I am on the boat. The darn refrigerator is the biggest load. It consumes about 45 - 50 ampere hours every 24 hours, that is a lot when the bank can only store 500 or 600 amp hours at fully charged. Every 4 or 5 days I have to run the diesel to bring the battery bank back up to fully charged. Takes about 3 or 4 hours. The engine has a 100 amp alternator to do the job. Most people don't have a clue about their power consumption. They just plug in and expect the power to be there. At some point it won't be. Our house power was down the other day for 5 hours. This became old quickly. That outage and the four before it in the last two years that we have owned this house, have inspired me to look into a backup generator for the house. An electrician is coming by tomorrow to help me review our situation and develop a plan. We drew about 923 KWHrs last month. That is about 30 KWHr per day on average. I need electricity to drive my well. So no power means no water after the pressure tank equalizes. On the boat without power nothing works except the sails and the hand pump head. Modern society depends on energy.