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Page added on May 29, 2016
The Effects of Fossil Fuel Depletion
Can you imagine the world without using these fossil fuels? What are these? Is this important in our lives?
Fossil fuels are simply the remains of the prehistoric plants and animals that are compressed and buried down into the Earth many million years ago. These dead organisms undergo processes such as anaerobic decomposition and through time, forms into sedimentary rock like coal and liquid hydrocarbons like gas or oil.
Among the first fossil fuels that are known to man way back 1600’s, is the coal. It is very much useful in powering steam has driven locomotives and is used in producing steel, paper, concrete, and plastics. Thus, the most significant uses of this are in heat and electricity production. Moreover, coal is also a main component in making the soaps that we used every day or the aspirin that we can buy over the counter.
Next is the natural gas. This is basically a gas that comes out from the ground. It has of numerous of application to our lives like being a source of energy for cooking, heating and also in electricity generation. It was also used worldwide as a main source of heat. Among the other forms of fossil fuels, natural gas is considered as one of the safest and cleanest sources of energy here on Earth.
Another form of fossil fuel is the oil. Oil has two types – the organic oil and mineral oils. The Native Americans have discovered this oil. Thus, since its discovery, people have widely used it in cooking, cosmetics, painting and even in religion. It is also used to generate power in trains, automobiles, and plains.
See? Fossil fuels have a wide range of applications and use to our lives. It is the main source of electric power and is responsible for the world’s total energy consumption. Thus, studies show that the demands of it double every 20 years since 1900. So, is there a possibility of having a fossil fuel depletion? What are the effects of fossil fuel depletion?
Yes, fossil fuel depletion is possible. In fact, with the increment demand of fossil fuels all over the world, the supply of it in the market will continue to deplete. Thus, among the effects of it are as follows:
- Oil price Hike
The price of oil and electricity will continue to rise to the point that a lot of people who are earning only a minimum wage cannot anymore afford to pay their energy bills. Eventually, if this happens, not only will the oil and energy price will increase but the price of the food and even the energy-related commodities will increase as well .Thus, as a result, more and more people will suffer from economic recession and poverty.
- Decrease in human population
If there’s no cheap oil then similarly, there’s no cheap food that will be available. Thus, because of this energy and oil depletion, a lot of people will not anymore afford to have clean water to drink as well as cheap and safe food to eat. They will not anymore be able to address their health care needs. Therefore, a lot of them may go ill and eventually die because of high cost of hospital treatment and aid.
- Threat to Highly industrialized countries
Highly- industrialized countries depends primarily on their resources to boost their economy. A lot of businesses need these resources to continue to operate. Industries like manufacturers of steel, cars, gasoline stations, can be affected greatly by this phenomenon. Thus, if they cannot provide their services anymore, then people who also needed their help for their everyday living will suffer also.
- Nonpayment of loan repayments
As the prices of the energy and oil continue to rise, then a great possibility of having a lot of nonpayment to loans on the bank will happen. Since they cannot anymore buy even their basic needs, they will continue to loan money and perhaps, because of a lot of interest in it, they cannot anymore pay it. Of course, more banks will suffer from bankruptcy that is really not good for the economy.
- Many businessmen will opt to close their businesses
Since a lot of people reduce spending money on discretionary goods, a lot of workers working in restaurants and in businesses such are those who are offering new homes, cars and others will possibly lose their job because the owners of it may decide to close their business.
In general, if the government and the people don’t work hand in hand in thinking of the ways on how they can conserve such resources, then more and more problems will arise because of its depletion. Thus, it can create a global famine and recession if it is not solved. Lastly, finding alternative resources other than fossil fuels can be of great help in saving the humanity as a whole.
89 Comments on "The Effects of Fossil Fuel Depletion"
GregT on Mon, 30th May 2016 6:29 pm
Canada has become nothing more than a resource base for US corporate interests. Canada may as well be an American state. Most Canadians are every bit as dumbed down by the US MSM corporate propaganda as you are Davy.
Apneaman on Mon, 30th May 2016 6:33 pm
“Sounds like business as usual!”
Except comparing the corporate American Empire to the 1500 year Roman Empire is laughable. You’ll be lucky to hit the 80 year mark. No one has fallen so far so fast in the history of civilization. We’re #1! indeed.
onlooker on Mon, 30th May 2016 6:40 pm
Beyond the obvious murder, torturing etc. sponsoring. The other distinction that always will be connected with the US is its brand of hyper Capitalism or Crony Capitalism basically was forcefully and surreptitiously exported to every nook and cranny of this planet to the detriment of every single living being on it.
Dustin Hoffman on Mon, 30th May 2016 6:46 pm
Tiny Oil Kingdom Brunei Moves To Diversify From Oil
To date, Brunei is the fourth-largest producer of crude oil in Asia, pumping 126,000 barrels daily in 2014, with around 90 percent of budget revenues coming from the energy industry. Oil revenues also contribute as much as 60 percent to GDP. With the price of crude on international markets slumping to below US$30 by this January, Brunei has found it increasingly difficult to cope with this dependence
…..Unfortunately for the kingdom, its oil reserves are nearing depletion. Offshore drilling in the country’s waters is economically unviable for the state. So, for Brunei, a diversification away from oil is even more urgent than for Saudi Arabia or Russia. Since complete independence of the energy industry is impossible, Brunei has turned its eyes to China
Beijing has reached out to Brunei, offering it production-sharing options for the South China Sea plus other economic incentives in exchange for Brunei’s support for its claims. With few alternative options, Brunei has accepted.
If the kingdom stays on the course of diversification, and with China’s backing to count on, it could gain more regional importance over the next few years and beyond as Asia continues to spearhead global economic growth at the expense of Europe and North America. What Brunei will do with this importance remains to be seen.
By James Burgess of Oilprice.com
See, everybody has options.
Apneaman on Mon, 30th May 2016 6:46 pm
MGM Resorts to leave Nevada Power, pay $86.9M exit fee
““It is our objective to reduce MGM’s environmental impact by decreasing the use of energy and aggressively pursuing renewable energy sources,” he said in the letter to the PUC. “Our imperative is heightened by increasing customer demand for environmentally sustainable destinations.
“After careful thought and analysis over many months, we have concluded our objectives are best met by purchasing the energy required to operate our resorts, and serve our customers and guests, from a source other than NV Energy,” the letter said.”
http://www.reviewjournal.com/business/energy/mgm-resorts-leave-nevada-power-pay-869m-exit-fee
Boat on Mon, 30th May 2016 6:49 pm
Physicist Stephen Hawking baffled by Donald Trump’s rise
LONDON – Renowned physicist Stephen Hawking may have a good grasp of the workings of the universe, but he says he can’t understand Donald Trump’s popularity.
Hawking tells ITV’s Good Morning Britain show Tuesday that he has no explanation for the likely Republican Party president nominee’s success.
“He is a demagogue who seems to appeal to the lowest common denominator,”
I guess Hawking labeled Putin and a few others.
Apneaman on Mon, 30th May 2016 6:53 pm
Canada’s energy superpower status threatened as world shifts off fossil fuel, federal think-tank warns
‘Significant disruptions’ forecast in 10 to 15 years as cost of renewables, energy storage plummet
http://www.cbc.ca/news/canada/calgary/canada-super-power-oil-decline-renewables-policy-horizons-1.3601400?
Apneaman on Mon, 30th May 2016 6:57 pm
Boat, I’ve always thought of you as just like Stephen Hawking’s – not the brainiac part the drooling part.
JuanP on Mon, 30th May 2016 7:11 pm
I expect Americans to defend their country. That is normal human behavior. You are defending that which can’t be defended. The world will continue to hate you no matter what you say because Americans are making the lives of every single person in this planet worse every single day. It is your actions that make the USA the most hated country on Earth. I understand that accepting this is impossible for most Americans, but it is the truth whether you can accept it or not. You are free to choose any fairy tale you want, but it doesn’t change the facts.
I found very hard learning about and accepting the atrocities my country’s people had done to its native population, but I did it. One of the reasons I left my country was my frustration with Uruguayans’ lack of capacity to accept this truth. Denial of inconvenient truths is a universal human trait which less than 0.001% can overcome. Not being like this is what sets me apart from most of you. I have always thought that my multiple mental problems are what allow me to accept inconvenient truths. I don’t think well adjusted, healthy people can face these truths. It is beyond most people’s capabilities. I envy you that. I’ve always wished I could deny the truth. I know I would be much happier if I could.
Apneaman on Mon, 30th May 2016 7:17 pm
Paul Craig Roberts – an American
As Our Past Wars Are Glorified This Memorial Day Weekend, Give Some Thought To Our Prospects Against The Russians And Chinese In World War III
“It is extraordinary to see the confidence that many Americans place in their military’s ability. After 15 years the US has been unable to defeat a few lightly armed Taliban, and after 13 years the situation in Iraq remains out of control. This is not very reassuring for the prospect of taking on Russia, much less the strategic alliance between Russia and China. The US could not even defeat China, a Third World country at the time, in Korea 60 years ago.
Americans need to pay attention to the fact that “their” government is a collection of crazed stupid fools likely to bring vaporization to the United States and all of Europe.
Russian weapons systems are far superior to American ones. American weapons are produced by private companies for the purpose of making vast profits. The capability of the weapons is not the main concern. There are endless cost overruns that raise the price of US weapons into outer space. The F-35 fighter, which is less capable than the F-15 it is supposed to replace, costs between $148 million and $337 million per fighter, depending on whether it is an Air Force, Marine Corps, or Navy model. http://www.cnbc.com/2014/07/31/how-dods-15-trillion-f-35-broke-the-air-force.html
A helmet for a F-35 pilot costs $400,000, more than a high end Ferrari. http://www.airforcetimes.com/story/military/2015/10/26/f-35-helmet-costs-400000-4-times-predecessor/73826180/
(Washington forces or bribes hapless Denmark into purchasing useless and costly F-35: http://sputniknews.com/news/20160528/1040395012/denmark-f-35-military-nato-lockheed.html)
It is entirely possible that the world is being led to destruction by nothing more than the greed of the US military-security complex. Delighted that the reckless and stupid Obama regime has resurrected the Cold War, thus providing a more convincing “enemy” than the hoax terrorist one, the “Russian threat” has been restored to its 20th century role of providing a justification for bleeding the American taxpayer, social services, and the US economy dry in behalf of profits for armament manufacturers.”
http://www.paulcraigroberts.org/2016/05/28/as-our-past-wars-are-glorified-this-memorial-day-weekend-give-some-thought-to-our-prospects-against-the-russians-and-chinese-in-world-war-iii/
GregT on Mon, 30th May 2016 7:19 pm
“He is a demagogue who seems to appeal to the lowest common denominator,”
Hawking is certainly not alone in his observations. Every single person that I have met, thinks that this US presidential election cycle is a sad reflection of how far down the USA has fallen.
shortonoil on Mon, 30th May 2016 7:53 pm
“Except comparing the corporate American Empire to the 1500 year Roman Empire is laughable. You’ll be lucky to hit the 80 year mark. No one has fallen so far so fast in the history of civilization. We’re #1! indeed.”
When you see, read, or hear about the US closing hundred’s of bases around the world, moth balling nuclear powered aircraft carries, scrapping its ICBM system, shutting down its hundreds of satellites, or the Pentagon spending less than $500 billion per year, it will be safe to say that the Empire is dead. Until then you are whistling Dixie – in the middle of a hurricane!
shortonoil on Mon, 30th May 2016 8:09 pm
“It is extraordinary to see the confidence that many Americans place in their military’s ability. After 15 years the US has been unable to defeat a few lightly armed Taliban, and after 13 years the situation in Iraq remains out of control.”
The question is why is the US in Afghanistan to begin with? It sure isn’t to win a war; not many years ago the US army took out one of the largest armored divisions in the world – in three days. Its called weapon systems beyond your imagination.
If I was a Russian I’d starting getting worried; “it looks like the bastards are trying to surround us!”
GregT on Mon, 30th May 2016 8:15 pm
“The question is why is the US in Afghanistan to begin with?”
Amazing how soon people forget the insignificant little details. Osama Bin Laden’s command centre of course. Hidden somewhere in the country in an intricate network of caves. 14 years later, with supposedly the best intelligence in the world, and they still haven’t been able to find it. (not that anybody can remember what they were looking for in the first place)
makati1 on Mon, 30th May 2016 8:30 pm
Afghanistan = Opium = $$$ for the CIA Back Ops and the continued dumbing down of Americans in larger numbers as it is imported into the country by that same organization. Not to mention Colombian cocaine also. $$$
makati1 on Mon, 30th May 2016 8:31 pm
Short, America has not won a war in the last 100 years. Why do you think they could win a nuclear one without being turned to radioactive slag in the first hour?
shortonoil on Mon, 30th May 2016 8:36 pm
“Amazing how soon people forget the insignificant little details.
OH SHIT
The last words of Osama bin Mohammed bin Awad bin Laden while dragging his dialysis machine across the Syrian desert.
shortonoil on Mon, 30th May 2016 8:45 pm
Short, America has not won a war in the last 100 years. Why do you think they could win a nuclear one without being turned to radioactive slag in the first hour?
One night I watched the military fire an X Ray laser. An X Ray laser is incredibly simple. You take an iridium tube and stuff a nuke up its butt; light the fuse, and you get a polarized beam of light that could melt a small planet. The Russians probably have 12 of them pointed their way.
Next war – bring sunglasses!
shortonoil on Mon, 30th May 2016 8:56 pm
During the Iraq war there were several photos of dead Iraqi soldiers with their hands melted into the barrels of their guns. Guess what, these guys have tactical neutron weapons. Nasty! How else do you explain that 1,200 Russian T1 tanks were taken out in 3 days without the loss of a single Abrams. You don’t!
Wait until we get to the BIG stuff!
Dustin Hoffman on Mon, 30th May 2016 9:09 pm
Add a little soul to that big stuff
https://m.youtube.com/watch?v=9f4CyQto-0E
One thing all Empires end in a tragedy
United States will be no exception.
makati1 on Mon, 30th May 2016 9:48 pm
Short, you are losing it. Have you been drinking that government koolaid with Boat? LMAO
Davy on Tue, 31st May 2016 6:08 am
Here you go Ape Hole obsess over this one. Do you have a plan?
“FEMA Preparing For Magnitude 9.0 Cascadia Subduction Zone Earthquake, Tsunami”
http://endoftheamericandream.com/archives/june-7-fema-will-conduct-a-drill-to-prepare-for-a-9-0-cascadia-subduction-zone-earthquake-and-tsunami
shortonoil on Tue, 31st May 2016 8:13 am
“Short, you are losing it. Have you been drinking that government koolaid with Boat? LMAO”
Do a Google search on X Ray laser – there are hundreds of urls on the subject. I’ve seen them fire, measured their output, and direction, and yes the US military controls the modern day equivalent of the Death Star.
Whose Kool Aid are you drinking? Or, are you having one of those denial days where you find out that the world doesn’t look anything like what you want it to. Keep dreaming, maybe it is a “Lathe of Heaven” day, and you will wake up and find that it is all exactly what you want.
In the mean time we have a bunch of fruit cakes with the power to destroy the world ten time over. But, keep worrying about that GW; one degree Centigrade. It will keep your mind occupied over what is likely to really happen.
If Global Warming wasn’t real it would have been necessary for them to have invented it!
http://www.seeker.com/x-ray-laser-fires-most-powerful-beam-ever-1765614877.html#news.discovery.com
JuanP on Tue, 31st May 2016 8:25 am
Short, How many nuclear bombs on missiles do the Russians have? Do you believe the USA has any way to protect its territory and population from them? I don’t, but I’d like to know that I am safe from them in Miami, so if you know something I don’t please teach me. I learn fast!
I think that if we go to war with Russia, both the USA and Russia will be completely destroyed and made uninhabitable for centuries, if not millennia. I would rather the psychopaths in DC stopped provoking the Russians. The only reason they dare to push Russia this hard is because they know that Putin is an extremely rational person and won’t do anything stupid, but you can only push someone so much before they strike back. Even Ghandi fought the British in his own way.
Davy on Tue, 31st May 2016 8:40 am
Short, ignore Makati Bill, he lost it long ago. Dementia is clearly evident in the nonsense he spews daily. He thinks he has a military background because he was in bootcamp once.
Apneaman on Tue, 31st May 2016 9:01 am
Juan, everyone of the humans would die along with much complex life. I don’t have numbers on Russian delivery systems, but rest assured, they have plenty and are modernized. The last official numbers I saw not long ago was Russia has 7700 nuclear war heads and the US has 7000. More than enough hundreds of times over. There have been thousands of computer and other simulations run on nuclear war for decades, in no case I have ever heard of does it stop at a “limited” exchange. In every instance, it’s all in – both sides. Talk of winning a war with Russia shows just how far the disconnect with reality has come. The NATO buildup on the Russian border might be reckless gamesmanship, but there is just as much a chance of a war starting by accident as intentional, so it’s a very risky and stupid fucking game. It’s almost happened before. Stupid fucking humans are going bye bye anyway, so shoot the works eh?
Close Calls with Nuclear Weapons
http://www.ucsusa.org/nuclear-weapons/hair-trigger-alert/close-calls#.V02XzNQrKt8
JuanP on Tue, 31st May 2016 10:16 am
Russia produces more oil than Saudi Arabia. https://www.rt.com/business/344910-russia-saudi-oil-output/
Apneaman on Tue, 31st May 2016 10:33 am
Missouri cock biter – end of the american dream? Funny how the guy who whines about others sources is always linking to merican retard conspiracy sites. zerohedge being one of the worsts. Ever actually research the tylers or the sites they link? Doesn’t look like it or maybe you don’t care that linking to that crap makes you look even stupider in your agenda quest. One of zero’s new favorite go to alarmist links is Superstation 95. Lets, take a look at them shall we?
“Superstation95 is an online presence that is neither a “superstation” nor a legitimate news source, but rather a repository of misinformation from Hal Turner, a white supremacist who was sentenced in 2010 to 33 months in prison for making death threats against three federal judges. (The individual listed on the site’s “Contact” page is Turner’s criminal lawyer.)
Beginning in late 2015, Turner’s Superstation95 began spreading alarmist hoaxes and conspiracy theories on social media, frequently building upon legitimate tragic or frightening events with falsified details. Among the most widespread of these were claims that a large group of Muslim men fired upon campers and hikers in California, that Fukushima radiation caused severe mutations in marine life, that cargo ships mysteriously ground to a halt and signaled an imminent economic catastrophe, that a deadly Las Vegas strip crash involved a driver shouting “Allahu Akbar,” that the San Bernardino shooting occurred because the shooter was offended by pork served at a holiday party shortly before the massacre, and that the Earth’s “magnetosphere” collapsed for two hours.
The site’s claims spanned many conspiracy themes, but remained cohesive in their consistent lack of credibility, accuracy, or respect for the victims of tragedies. As with prior topical yet fabricated information from the site, Superstation95 used an actual event (the death of an ICE agent) to add untruths that seemed to have been written for the sole purpose of gaining pageviews.”
http://www.snopes.com/new-york-ice-agent-suicide-note/
Oh yeah Davy girl that’s some high quality reporting you sharing with us all – everyone so grateful.
Start going through all the zerohedge “freinds” and you will find many more winners like Superstation95
http://www.snopes.com/tag/superstation95/
Lot’s of agendas out there and you have been using any piece of shit writings from many of them to fill your agenda. Hell, you even post shit that contradicts what you claim to believe in and stand for just to get your digs in.
That’s the problem when you a bullshitter – sooner or later you’re going to get called on it.
Davy on Tue, 31st May 2016 11:33 am
Wow, such a bumbling rambling babble from King Canadian blow-hard. What did you just say and in reference to what? Dumbass.
Concerning Zero Hedge you and your other dumbass anti-Americans love ZH especially Makati Bill. You guys like the anti-American slant until it steps on some of your other pet agendas like China. I would understand why you don’t read zero Hedge Ape Hole and that is because you are an ignorant (EX) pipe fitter that has no financial or economic background. You are just a mom’s basement internet brat.
Apneaman on Tue, 31st May 2016 12:54 pm
“You guys” I don’t speak for anyone but me. Oh I forgot about your conspiracy where everyone who disagrees with you around here is a part of a secret group that spends all their free time plotting against you. Paranoid little fascist. You’ll make a fine Missouri Brown Shirt when TSHTF.
https://www.youtube.com/watch?v=hkXHsK4AQPs
Davy on Tue, 31st May 2016 1:22 pm
I luv when the asshole Canadian gets all hot and bothered. That is one thing about you ape hole you have a very poor control of your temper. That is probably why you don’t have a wife. You are probably the verbally abusive type women hate.
PracticalMaina on Tue, 31st May 2016 2:06 pm
Wait so they are finally busting out the Tesla style weapons? Makati, I agree with what you said about the drug trade, but you forgot the nice pipeline routes threw Afghanistan, as well as all those minerals underfoot. Did Cheney underestimate how DE-stabilized the nation would be, making it somewhat difficult to capitalize on anything other than selling ammo. Or was it intentional? Maybe some of Bush and Cheneys oil buddies didn’t want all that lithium being produced by such an impoverished nation with cheap labor.
PracticalMaina on Tue, 31st May 2016 2:14 pm
Short, those big lasers look awfully fuel hungry, and need a big ass weapons platform for now. Quick, plant some bio-diesel crops, fracking output is falling and Putin isn’t on his knees due to cheap fuel yet.
peakyeast on Tue, 31st May 2016 5:25 pm
🙁 is everybody finished partying in celebration over long awaited arrival of the “page selection tool”?
I am away for a few days … and then you do this without me?
makati1 on Tue, 31st May 2016 6:25 pm
Practical, I did forget about the supposed trillion dollars in minerals, etc. waiting to be plundered. Must be getting old. I did remember the pipelines but I didn’t want to blow the Us flag waver’s minds with too many facts. LOL
Democracy is the excuse. Plunder is the goal. The US has been built on lies, plunder and death since it’s beginning.
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