pstarr wrote:agramante wrote:Hell--what will the peak oil dynamic mean to my cat? It likely might mean in the next few years he'll have to step up his haul of mice, and get off welfare, as my uncle put it.
That's funny.
What a great discussion. Population increases exponentially over a large time frame.
pstarr wrote:Our great industrial civilization was created and is maintained mostly with light, sweet, pressurized, free-flowing crude oil . (Other secondary energy sources coal, gas, nuclear, biofuels are just "helpers" and the system is not self-maintaining without oil.)
[pstarr wrote:We are not replacing the oil-based system with a steady-state solar one. We are feeding off our own stomachs.
agramante wrote:I think the POD is inherently a vaguer, more multidimensional concept that peak oil is. Peak oil has a very specific definition: maximum global production of crude oil within a given time period. Identifying when peak oil occurs is a conundrum, given the complexity and opacity of global production systems.
The peak oil dynamic, as I've understood it so far (and it's your concept, Rock, so I'm not trying to hijack it--river to your people though you may be), concerns the many different effects of the process of oil production peaking and then declining. There's a limitless number of these effects, from macroecnomic, to geopolitical, to environmental, so socioeconomic, to emotional, and many more. Hell--what will the peak oil dynamic mean to my cat? It likely might mean in the next few years he'll have to step up his haul of mice, and get off welfare, as my uncle put it.
As I've said before, in Economics, demand is synonymous with production (assuming a "market" price).ralfy wrote:FWIW, the effects of peak oil may take place when demand exceeds production.
pstarr wrote:
Not built with electricity.
Keith_McClary wrote:As I've said before, in Economics, demand is synonymous with production (assuming a "market" price).
Total Libyan oil output amounts to just under 200,000 barrels per day, compared with pre-war levels of around 1.6 million bpd, according to a Reuters estimate, the worst disruption since the civil war in 2011.
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