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Collapse Step by Step, Part 8 — The Bumpy Road Down

General discussions of the systemic, societal and civilisational effects of depletion.

Collapse Step by Step, Part 8 — The Bumpy Road Down

Unread postby AdamB » Sat 16 Dec 2017, 12:41:28

The Bumpy Road Down, Part 1 The term “bumpy road down” refers to the cyclic pattern of crash and partial recovery that I believe will characterize the rest of the age of scarcity and make for a slow step by step collapse, rather than a single hard and fast crash. Indeed, that is where the "step-by-step" in the title of this series of posts comes from. And yes, many of the individual steps down will happen quite quickly and seem quite harsh. But it will likely take many steps and many decades before we can say collapse is essentially complete, and between those steps down there will (in many areas) be long periods when things are stable or even actually improving somewhat. The fast collapse is a favourite trope of collapse fiction and makes for some exciting stories, in which stalwart heroes


Collapse Step by Step, Part 8 — The Bumpy Road Down
Peak oil in 2020: And here is why: https://www.youtube.com/watch?v=2b3ttqYDwF0
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Re: Collapse Step by Step, Part 8 — The Bumpy Road Down

Unread postby onlooker » Sun 24 Dec 2017, 17:21:17

ah, says it all about the state of the Oil Industry and how dysfunctional and parasitic the entire Economy has become
"We are mortal beings doomed to die
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Re: Collapse Step by Step, Part 8 — The Bumpy Road Down

Unread postby Cog » Sun 24 Dec 2017, 18:55:55

How do you explain that Exxon had a free cash flow of $5.92 billion in 2016? Or $15.26 billion for the past trailing 12 months?

I didn't bother to check all of the Big Seven but I checked Royal Dutch Shell, BP and Exxon and they all showed positive free cash flow for 2017. Things change in the oil bidness pstarr.
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