Peak Oil, now do you believe in the slightest?

[Hayabusa Rider]

Originally posted by: PlatinumGold

Originally posted by: Cruise51
We won't run out of known oil for half a century. Prices are going up because greed is going up.

do you honestly believe greed has gone up?? that's just so ridiculous as to be stupid.

human nature has NOT changed.

what's changed is that China (1 billion population) and India (1 billion population) and yet considerably underrepresented when it comes to automobiles.

with all of the outsourcing of jobs IT and manufacturing to china and india, guess what, their economies are going to grow, with that growth will come an increase in demand for oil.

how do you call that an increase in greed? :roll: it is simply too much demand and not enough supply.

Ha, you are both right 😛

Individual greed has not gone up, but the collective ability of orginazations to increase profit and control the market has increased, thereby changing the effective amount of greed, or if you like, the greedy have become more efficient.

Increasing consumption is the real problem. If everyone were altruistic and conserving that would merely buy a couple years at best. Unless the rest of the world is content to remain where it is or go backwards, nothing can stop demand outstripping supply, unless someone has a VERY good robe and wizard hat.

 

[LS20]

Originally posted by: PlatinumGold

and where is your documentation that "Greed" is increasing? human nature hasn't changed in 6000 yrs.

i've made no such claims about greed or human nature. my background is not in psychology, but in one that allows me to stretch that year figure way past 6000 if thats what we choose to argue about

 

[PlatinumGold]

Originally posted by: LS20

Originally posted by: PlatinumGold

and where is your documentation that "Greed" is increasing? human nature hasn't changed in 6000 yrs.

i've made no such claims about greed or human nature. my background is not in psychology, but in one that allows me to stretch that year figure way past 6000 if thats what we choose to argue about

i went back and read the thread, it wasn't you i was originally responding to. my bad.

 

[randumb]

the concept of peak oil is undeniably true - there is a finite amount of oil, so eventually there will be a "crunch"

however, i don't agree with many of the estimates of when peak oil will occur. it will happen, but not for a few decades.

 

[Cruise51]

Originally posted by: Hayabusa Rider

Originally posted by: PlatinumGold

Originally posted by: Cruise51
We won't run out of known oil for half a century. Prices are going up because greed is going up.

do you honestly believe greed has gone up?? that's just so ridiculous as to be stupid.

human nature has NOT changed.

what's changed is that China (1 billion population) and India (1 billion population) and yet considerably underrepresented when it comes to automobiles.

with all of the outsourcing of jobs IT and manufacturing to china and india, guess what, their economies are going to grow, with that growth will come an increase in demand for oil.

how do you call that an increase in greed? :roll: it is simply too much demand and not enough supply.

Ha, you are both right 😛

Individual greed has not gone up, but the collective ability of orginazations to increase profit and control the market has increased, thereby changing the effective amount of greed, or if you like, the greedy have become more efficient.

Increasing consumption is the real problem. If everyone were altruistic and conserving that would merely buy a couple years at best. Unless the rest of the world is content to remain where it is or go backwards, nothing can stop demand outstripping supply, unless someone has a VERY good robe and wizard hat.

I agree with that for the most part, but I think consumption isn't increasing at the rate which is being portrayed. Is Chinas consumption increasing, yes. Is Indias consuption increasing, yes. Are we facing a major shortage in the near future, no. A few decades will pass before the supplies start dry up. Either way sooner or later we are going to run out. We need alternative energy. The sooner the better.

 

[Siva]

Originally posted by: Vic

Originally posted by: IHateMyJob2004

Originally posted by: Vic

Originally posted by: Siva
I still don't understand where you're going with this. How do we turn photosynthesis into useable energy within a reasonable time period? Our current oil supplies have been building since the very first life forms were on Earth, and that is an awful long time. We don't have that kind of time to rebuild our oil supplies using natural means.

We won't have to. The next step is obviously artificial photosynthesis. We develop the means to create hydrocarbons as fast we consume them. Think of it as solar and hydrogen power combined and as they really should be.

You have t oproduce hydrogen, which requires ... ELECTRICITY. It's not free and the two extra steps of converting electricity into hydrogen and back itno electricity is less efficient.

Anyways:
Solar panels
Wave generators
wind mills (5 megawatt models in production!)
solar tech (using mirrors to focus light and create steam that turns a turbnie)

Efficiencies also must improve. Cars weighing less than 2000 pounds will have to become the norm. Mass transit will be a neccesity for most. Trains will come back in fasion for shipping.

Let's jsut hope we adapt to the changes coming over the next 10-30 years smoothly.

No no no. We need a method where there is no need to separate the hydrogen from the oxygen first. Just do it like nature does and let the carbon do that for us. That's the key to limitless pollution-free energy.

Eli is on to something with the algae angle. There might not be a need to reinvent the wheel. This train of thought in this thread has really got me thinking. God, to be the person who develops this.... :Q

Carbon doesn't take hydrogens from Oxygen. Hydrocarbons are extremely stable, if anything the oxygen would attack the carbon.

 

[PlatinumGold]

Originally posted by: Cruise51

Originally posted by: Hayabusa Rider

Originally posted by: PlatinumGold

Originally posted by: Cruise51
We won't run out of known oil for half a century. Prices are going up because greed is going up.

do you honestly believe greed has gone up?? that's just so ridiculous as to be stupid.

human nature has NOT changed.

what's changed is that China (1 billion population) and India (1 billion population) and yet considerably underrepresented when it comes to automobiles.

with all of the outsourcing of jobs IT and manufacturing to china and india, guess what, their economies are going to grow, with that growth will come an increase in demand for oil.

how do you call that an increase in greed? :roll: it is simply too much demand and not enough supply.

Ha, you are both right 😛

Individual greed has not gone up, but the collective ability of orginazations to increase profit and control the market has increased, thereby changing the effective amount of greed, or if you like, the greedy have become more efficient.

Increasing consumption is the real problem. If everyone were altruistic and conserving that would merely buy a couple years at best. Unless the rest of the world is content to remain where it is or go backwards, nothing can stop demand outstripping supply, unless someone has a VERY good robe and wizard hat.

I agree with that for the most part, but I think consumption isn't increasing at the rate which is being portrayed. Is Chinas consumption increasing, yes. Is Indias consuption increasing, yes. Are we facing a major shortage in the near future, no. A few decades will pass before the supplies start dry up. Either way sooner or later we are going to run out. We need alternative energy. The sooner the better.

i think you don't quite understand economics.

oil doesn't have to dry up in order for there to be exponential and unbearable increases in pricing.

there just has to be greater demand than supply.