After the Oil Crash
with Reality, or Reality will Deal with You"
as we know it is coming to an end soon. This is not the wacky proclamation of
a doomsday cult, apocalypse bible prophecy sect, or conspiracy theory society.
Rather, it is the scientific conclusion of the best paid, most
bankers in the world. These are rational, professional, conservative
individuals who are absolutely terrified by a phenomenon known as global
We 'Running Out'? I Thought
Was 40 Years of the Stuff Left"
will not just "run out" because all oil production follows a bell
curve. This is true whether we're talking about an individual field, a
country, or on the planet as a whole.
is increasingly plentiful on the upslope of the bell curve, increasingly
scarce and expensive on the down slope. The peak of the curve coincides with
the point at which the endowment of oil has been 50 percent depleted. Once the
peak is passed, oil production begins to go down while cost begins to go up.
practical and considerably oversimplified terms, this means that if 2000 was
the year of global Peak Oil, worldwide oil production in the year 2020 will be
the same as it was in 1980. However, the world’s population in 2020 will be
both much larger (approximately twice) and much more industrialized
(oil-dependent) than it was in 1980. Consequently, worldwide demand for oil
will outpace worldwide production of oil by a significant margin. As a result,
the price will skyrocket, oil-dependant economies will crumble, and resource
wars will explode.
issue is not one of "running out" so much as it is not having enough
to keep our economy running. In this regard, the ramifications of Peak Oil for
our civilization are similar to the ramifications of dehydration for the human
body. The human body is 70 percent water. The body of a 200 pound man thus
holds 140 pounds of water. Because water is so crucial to everything the human
body does, the man doesn't need to lose all 140 pounds of water weight before
collapsing due to dehydration. A loss of as little as 10-15 pounds of water
may be enough to kill him.
a similar sense, an oil-based economy such as ours doesn't have to deplete its
entire reserve of oil before it begins to collapse. A shortfall between demand
and supply as little as 10-15 percent is enough to wholly shatter an
oil-dependent economy and reduce its citizenry to poverty.
effects of even a small drop in production can be devastating.
more on this go to: on this website and
from the source and detailed research.