AdamB wrote:For you maybe. I don't make my living randomly speculating.
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See above. I don't do popularity.
AdamB wrote:Pointing out general idiocy can best be described as "routine entertainment" for lack of anything better to describe it.
onlooker wrote:Yes, well said Asg. I may add that environmental degradation is already well advanced. We are already into the 6th Mass Extinction, CO2 levels are already higher than they have been for millions of years, the Jet stream has already slowed significantly, pollution has already been killing many humans, phytoplankton have already decreased significantly, we have lost already much topsoil, bees/insects are already dying in mass, the Arctic already seems to be on a self-reinforcing warming trend etc.
Armageddon wrote:Conventional oil already peaked.
Armageddon wrote:Conventional + non-conventional is about to peak.
Armageddon wrote: Fracking, horizontal drilling, tar sands etc have bought us a decade. This next phase is going to get ugly. Buckle up
asg70 wrote:
It's just that beyond acting as a mallet in the game of PStarr and Short whack-a-mole, what's the point of being here? What else do you have to say?
asg70 wrote:In my case, what intrigues me is the idea that we could simultaneously keep walking our way towards the technological singularity AND an apocalyptic cliff.
asg70 wrote:It's fine for you to slap PStarr and Short by virtue of gas being cheap and likely to remain so for some time....but please don't casually shrug off serious topics like topsoil loss, ocean acidification, disruption of the jetstream and ocean circulation, etc...
onlooker wrote:We've had the first 2 for 60+ years, and the last for quarter century. You figure maybe they weren't doing what they were doing all along, and it is just a matter of certain folks learning and PRETENDING it is therefore new? ----
The whole point is we did not need to access the oil is this manner before because it was more accessible oil.
onlooker wrote: So now we frack rock formations to get the oil utilizing energy to do so and we are getting crude that is not as easily converted to useable products like gasoline as before.
onlooker wrote: All this making total economic logic, as we focused on the sweet spots first because they were easy to exploit and released more oil. Thus higher rates of economic return. Touting technology ignores the fact that any technology is relying on energy to function. All our worldwide efforts to extract oil are manifesting an exhaustive attempt to attain oil no matter where it is and how deep and inaccessible. So we may be getting more oil from inaccessible places and previously inaccessible formations but at the cost of utilizing ever more energy. The Law of Diminishing returns Adam.
Cliffhanger1983 wrote:World Oil Shortages To Lead To Oil Price Spike By 2020s, warns Goldman Sachs
http://oilprice.com/Latest-Energy-News/ ... -Says.html
Several years of underinvestment in large oil projects could lead to oil price spikes of $80-$100 per barrel by the 2020s unless mega projects are sanctioned very soon, Jonathan Chanis, Vice President of Policy at Securing America’s Future Energy (SAFE), told Platts in an interview on Monday.
Outcast_Searcher wrote:Cliffhanger1983 wrote:World Oil Shortages To Lead To Oil Price Spike By 2020s, warns Goldman Sachs
http://oilprice.com/Latest-Energy-News/ ... -Says.htmlSeveral years of underinvestment in large oil projects could lead to oil price spikes of $80-$100 per barrel by the 2020s unless mega projects are sanctioned very soon, Jonathan Chanis, Vice President of Policy at Securing America’s Future Energy (SAFE), told Platts in an interview on Monday.
First, Goldman Sachs frequently makes MANY predictions about various prices. Lots of them are wrong. So why get wound up about this one in particular?
Second, if the worst news you can come up with while spouting doom is that oil prices might spike back up to about the level they were at on average for four years straight from 2010 - 2014, without causing much of an issue for the global or US economy (since GDP growth continued throughout that period just fine) -- you should be celebrating.
You see, minor inconvenience is NOT doom, tyranny, etc.
onlooker wrote:https://medium.com/@FeunFooPermaKra/the-collapse-of-global-civilization-has-begun-b527c649754c
The Collapse of Global Civilization Has Begun
onlooker wrote:https://medium.com/@FeunFooPermaKra/the-collapse-of-global-civilization-has-begun-b527c649754c
The Collapse of Global Civilization Has Begun
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