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Page added on March 28, 2015

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What If the Oil Runs Out?

Peak oil, an event based on M. King Hubbert’s theory, is the point in time when the maximum rate of extraction of petroleum is reached, after which the rate of production is expected to enter terminal decline. Peak oil theory is based on the observed rise, peak, (sometimes rapid) fall, and depletion of aggregate production rate in oil fields over time. Mostly due to the development of new production techniques and the exploitation of unconventional supplies, Hubbert’s original predictions for world production proved premature. Peak oil is often confused with oil depletion; peak oil is the point of maximum production, while depletion refers to a period of falling reserves and supply.



33 Comments on "What If the Oil Runs Out?"

  1. Nony on Sat, 28th Mar 2015 7:27 pm 

    Yawn. A several year old documentary with Simmons and Deffeyes. You peakers really got your buttz kicked by shale.

    http://peakoildebunked.blogspot.ca/2013/07/429-oil-drum-bites-bag.html

    You people really are lone holdouts.

  2. Nony on Sat, 28th Mar 2015 7:37 pm 

    That’s news for ya. A 7 year old video.

    Pathetic.

  3. Joe Clarkson on Sat, 28th Mar 2015 8:22 pm 

    Nony,

    Good to see you back, but I was not impressed with your linked site. If that’s the best you can do, you need to look harder.

    It’s true that shale has delayed the peak for a few years, but it’s also true that the time to begin weaning ourselves off of oil was 30-40 years ago. That’s because oil will peak some day, probably soon, with mathematical certainty.

    Perhaps you can tell me why anyone would want to build a civilization on something that is guaranteed to peak and then run out?

  4. Davy on Sat, 28th Mar 2015 8:46 pm 

    http://www.npsexpo.com

  5. Perk Earl on Sat, 28th Mar 2015 8:50 pm 

    It doesn’t have to get anywhere nearing running out. Just subtract 10mbd and see what happens.

  6. Sugar Seam on Sun, 29th Mar 2015 12:42 am 

    ^ this…

    nony is a classic cornie troll who just yells “shale” a lot without understanding what it entails.

  7. Apneaman on Sun, 29th Mar 2015 12:59 am 

    They are priming the citizenry by calling this routine – as in normal. Yeah the new normal. How many middle agers out there remember the military training in the city streets?

    Military Training Going Down in Broward Throughout the Week

    http://www.browardpalmbeach.com/news/military-training-going-down-in-broward-throughout-the-week-6439610

  8. Jimmy on Sun, 29th Mar 2015 2:44 am 

    Where’d you go Nony? Tried to get a life but it didn’t take?

  9. Makati1 on Sun, 29th Mar 2015 6:02 am 

    Apneaman, we practiced riot control in the streets of the military camp we were training at, when I was in the National Guard (60s). Wouldn’t have even considered going onto town and scaring the citizens.

    We certainly weren’t outfitted with anything remotely dangerous beyond unloaded M1 rifles and steel helmets. Certainly not the expensive ‘G.I.Joe’ gear of today. And that is the town that hosts the Army War College.

    The only time the citizens saw military vehicles or soldiers was in parades or on our way to Summer Camp. The Police State is coming out into the open in the Empire’s home country.

  10. shortonoil on Sun, 29th Mar 2015 6:26 am 

    The US is now producing 3.5 mb/d of high test camel pea, and paint thinner. All at the unbelievably low, low price of $1 trillion in debt that can never be repaid. Using the miracle of technology this was accomplished at the insignificant cost of $286,000 per barrel. If you are concerned that your bank can’t afford all of this, don’t be. Right as we speak, they are figuring out how to take it directly out of your pocket. For sure, America is heading toward energy independence. These genius will figure how to do that right after the CEO of Whiting cashes his $1 million per year salary check. Next week there is going to be a bang up sale on drilling rigs. Don’t miss it!!!

  11. Nony on Sun, 29th Mar 2015 6:48 am 

    WTI is not camel pea. You people are idiots.

  12. shortonoil on Sun, 29th Mar 2015 7:00 am 

    Where’d you go Nony? Tried to get a life but it didn’t take?

    His check for Trolling from the shale outfit he was working for bounced. He absolutely refused to say anything stupid until they made good on it. Can’t say I blame him!

  13. Davy on Sun, 29th Mar 2015 7:05 am 

    Mak, I would rather have a police state with some level of security and order over what is going to happin in your neck of the woods of there in that overpopulated third world country called the Philippines. talk about zombie land with cannibalism waiting in the wings. You best be careful because your white meat may be in demand as a delicacy. Maybe not being as old as you are.

  14. Makati1 on Sun, 29th Mar 2015 8:32 am 

    Davy, you really don’t expect me to believe you do you? You love to make the rest of the world look
    ‘unexceptional’. Are you a government bot? Sure sounds like it. Spewing the same BS that comes out of DC these days. America good, China (Asia) bad. Obama good, Putin (Russia) bad. Not too long ago it was Iran that was the ‘bad guys’ and now we are getting friendly with them again. Do you really think the psychos in DC are going to protect you when the SHTF? Or even care?

    There are over 200,000 of us ‘white meat’ Americans living here now and another million or so ‘white’ Europeans, Russians, Japanese, Chinese, Aussies, Koreans, Kiwis, etc. You must have some antiquated idea about Asia.

    With the food basket of America drying up, it’s weather bouncing around like a rubber ball in a gang of kids and the UFSA already importing 20% of it’s food, hunger may come to the Obese States of America first.

    BTW: Only the owners (1%) have ‘security’, for now. The US Constitution is gone. The Bill of Rights is a joke. Banks are the new Mafia. If you have to argue that the UFSA is still the ‘Land of the Free’ or that the ‘American Dream’ is still alive, that is proof that they are past history/dead.

  15. Davy on Sun, 29th Mar 2015 9:07 am 

    Mak, I just throwing water on your fiery agendist rhetoric of west bad Asia good. Your Putin a saint and all other western leaders evil. You are a sick individual with personal problems that you are expressing through a forum searching for the truth of growth or descent in regards to peak oil and related predicaments. Instead you come on here and pollute the issues with your agenda.

    What I do for you and the other extremist anti-Americans that have unfair, unbalanced, and one-sided comments ONLY on the US is try to balance that extremism so this site can remain somewhat objective. I agree the US being the top dog is the primary focus of the criticism. Yet, what happens is rabid agnedist, you being the worst of the somewhat sane, come on here and pollute the truth. There are others that spew anti-American puke that are clearly not right.

    I am ready all day long to criticize the US but I am not going to sit back and listen to your stink every day. What I will do each and every day is throw stink back your way Mak. Mak, you can’t handle the truth that there is any stink in your Asia and second the US and west is only part of the stink problem. Your distortions and lies just make the situation worse by turning the conversation of possible collapse into a complain and blame game. Extremist agendas have no place in this conversation if we want to find objective mitigation and adjustment policies.

    Go off to your jungle lair before your mega mess of a city Manila implodes in death and destruction. I know why you don’t go because you are addicted to that cheap pool at your apartment. Get some tough Mak and get out on the farm and start working or doing something. I am planting grapes today what are you doing? I know, laying in the sun thinking how long you are going to live in your cheap paradise on an American social security check you think you deserve for some reason.

  16. MSN Fanboy on Sun, 29th Mar 2015 10:25 am 

    Davy, why keep responding to Mak? I don’t get it. Make assessment is a truism, but so is yours lol

  17. Davy on Sun, 29th Mar 2015 10:41 am 

    MSM, I enjoy it is that OK. He is an idiot and I like slapping idiots around. I am sorry it annoys good people on this forum. I have my own personality issues and one of them is contempt for extremist preaching the death and destruction of my home. I am going to fight him until he shows me respect. The good thing for me is I enjoy slapping him around

  18. Davy on Sun, 29th Mar 2015 10:46 am 

    Ok, MSM, I will calm down. I have been on a roll this morning with fire and brimstone for everyone. Sometime I get righteous and argumentative like a baptist preacher. I can’t help it. I got grapes to plant so I will take a break and get after that.

  19. Aire on Sun, 29th Mar 2015 2:33 pm 

    The feuds are so fun to read. And we all know the more resources run out the more these ‘fun’ type of feud turn into realistic and violent type. Not so fun. I found the video interesting when it first came out and generally relative in today’s world.

  20. Davy on Sun, 29th Mar 2015 3:25 pm 

    Air, glad you enjoy. Join in and help out. My feud is with someone bound and determined to see my death and destruction. So, is that something you sit back and enjoy watching or do you fight it. IOW do we enable asshole or do we blunt their attacks? I choose to stand up to assholes.

  21. steve on Sun, 29th Mar 2015 6:45 pm 

    I think that Mak is totally delusional about his options in the Philippines….

    watch this video and you can see if this guy thinks he is safe there he is just and idiot https://www.youtube.com/watch?v=cOndtUcRXdU

    Mak you are just a dumbshit for not seeing what is going to happen to you sooner than later…

  22. steve on Sun, 29th Mar 2015 6:50 pm 

    It already looks like collapse in the Philippines! Oh and wait until China gets hungry! Such a stable country you have been lying gun ownership is 70 percent or higher you have said it is only 30 percent…you sir! are a bald face liar! You manipulate the truth to win an argument so it just makes everything you say suspect!

  23. steve on Sun, 29th Mar 2015 6:57 pm 

    The Philippines will not be able to make it without seafood which there will be very little left after China is done…face reality Mak your little island will be first to fall

  24. Davy on Sun, 29th Mar 2015 7:18 pm 

    Steve, The Makster will be getting up soon and having his coffee. Lets see what kind of puke n spew he disgorges today. I am curious if he even responds to you although lately he has been responding to me despite all the talk of not reading my rants.

  25. GregT on Sun, 29th Mar 2015 7:28 pm 

    Davy,

    You and Makati have far more in common than not. If it weren’t for nationalism and allegiances to corrupt governments, you would probably be best of friends.

  26. Davy on Sun, 29th Mar 2015 8:04 pm 

    Greg, I would love to be Mak’s friend. Doomers need to stick together. We have lots of work to do and so little support from the BAUtopian establishment green and brown. Yet, Greg, Mak insist on pursuing a solid anti-everything-American agenda.

    You and Ape man on the other hand are pro North American and anti-North American establishment. I get along with you guys. I am ready to expose the lies and corruption of our leadership. All I am asking of Mak is to moderate his agenda. That is all. He can focus on American issues but show some balance and some restraint in the degree of his critique.

  27. Makati1 on Sun, 29th Mar 2015 8:32 pm 

    Ah, the name calling ‘patriots’ are having a backslapping party. Enjoy it guys. The future is just as unknown for you as for me. Difference is. I have accepted it. You appear to have not.

    Since neither of you live here (Ps) or anywhere near here. all you have to go on is ‘facts’ from your Ministry of Propaganda sponsored MSN. That there might just be better countries to be in when the SHTF is not even open to consideration by your closed minds.

    So, keep ranting about UFSA ‘exceptionalism’ and drinking the Washington cool aid. Meanwhile, I will keep pointing out the UFSA faults to counter the BS. Enjoy! ^_^

  28. Makati1 on Sun, 29th Mar 2015 8:38 pm 

    Oh, and, Davy, I’m defiantly against most of the UFSA ‘citizens’ as they are allowing all of this to happen. No, they are paying for it all to happen because they are so brainwashed that they are true zombies. When they abolish the Federal Reserve and clean out DC, I will change my song.

    I bailed off the sinking ship so call me what you want. It doesn’t bother me. I only wish my family would stop the same cool aid guzzling and open their eyes. Maybe they will when it gets more obvious that they are living in a Nazi police state, fascist, banana republic in the 3rd world. There is lots of room on the farm.

  29. Davy on Sun, 29th Mar 2015 8:39 pm 

    See Greg, I told you the Makster is hell bent on his agenda.

  30. Davy on Sun, 29th Mar 2015 9:01 pm 

    Mak, as a wanna be friend I thought I should warn you a big typhoon is coming your way. They are calling it Maysak. Do you have an equivalent of a Lowes there in Makati? You might want to get some plywood.

  31. R1verat on Sun, 29th Mar 2015 9:03 pm 

    Davy you are badddddd!

  32. Davy on Sun, 29th Mar 2015 9:07 pm 

    Rat, just lookin out for a friend.

  33. steve on Sun, 29th Mar 2015 9:51 pm 

    Oh Mak do you refute the story on Vice and if so state your facts!….Otherwise attacking one country over another is just an exercise in your ignorance! You stated some time ago that there are very few guns in the Philippines and how stable your government is today.

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