AdamB wrote:Vladimir wrote:Privet, Hello!
Hi, I have decided to join this message board and find out more about where we are in the apparent ''Peak Oil'' crisis. I believe a lot of the troubles the world is in now are due to the powers-that-be, and their inability to deal with this looming crisis.
Hey Vlad. Just out of curiousity, what peak oil crisis? Can you not buy fuel where you live?
Hi Vlad. Do you have specific issues, articles, facts, etc. you're concerned about?
Various conspiracists have been CLAIMING ruinous "peak oil" consequences are "just around the corner" for a good several decades now. But overall, there just isn't any meaningful evidence of that. Supply and demand continues to work. Prices continue to react to market conditions. The long term global consumption of oil has tended to grow as the global economy has grown, over time.
With any luck, over the next two to three decades, a MASSIVE shift from ICE hydrocarbon burning for fuel to electric (hopefully mostly green, like solar and wind) will occur in the transportation sector. If humanity can use the remaining oil for, say, badly needed petrochemicals, it will last a LOT longer than just stupidly burning it, and making AGW far worse.
Time will tell, but it looks to me like climate change is a FAR bigger problem than "running out of oil" for at least the next several decades.
There's also substitution. There's a hell of a lot of natural gas and coal that can produce gasoline for example, if there is a really massive need. Hopefully we don't go down that road, but we could, vs. starving or freezing due to "lack of oil".
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.