Shamelessly stolen from another message board, no idea whether any of this is (factual|true).
"You know how oil is refined right? The oil is heated and the different hydrocarbon lengths settle out at different levels in the cracking tower, gasoline being the product in the middle of the tower, propane at the top, tar at the bottom. I believe gasoline is 6-9 molecule chains, as the octane rating is based on 100 octane behaving like pure 8-molecule gasoline, 0 being pure 7 molecule.
Oil is composed of chains of from 1-30+ molecules, so you don't get 40 gallons of gas from a barrel of oil, you get a few gallons each of propane,gasoline,kerosine,diesel, lubricating oil, and tar, in amounts that vary depending on grade of crude, which is why Saudi light sweet is more expensive than north sea brent, you get more gas out of it.
It is true most fertilizers are heavily oil dependent, natural gas too, not to mention the enormous energy inputs necessary for modern farming.
As for the Anarcho-capitalism comment, I'll let that stand because there's no point debating whether or not I exist on the internet, particularly with someone who doesn't share my vocabulary..
If we have 60 years before peak oil arrives then I tend to agree there's not going to be a problem, if we have six months then we're staring global war in the face. None of us really know which is closer to the truth, those who have a clue are restrained by nondisclosure agreements, so we'll have to see how it plays out.
Peak oil is really not the issue here though, peak oil just represents a larger problem that we're going to have to deal with as a species eventually, the fact that there are limited resources available on this planet, and we're consuming them at faster than replenishment. I won't go into the monetary system that mandates continual growth again, but just say that without continual growth our economy collapses on itself from lack of liquidity, so civilization is a system requiring exponential growth operating in a finite environment.
And no, I'm not criticizing capitalism, rather the lack of."
Does anybody who knows what they're talking about verify/dispute the factual info contained within the above stuff?