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11-18-2007, 02:02 AM
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HOMICIDAL TROLL KILLER
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Do You believe In "PEAK OIL"
I am of pretty sound mind and not a conspiracy theorist, but I have to admit that as of late I am searching my soul and mind to try to understand and realize that "Peak" oil really exists to confuse the general public into driving the price of oil/gas up at the benefit of big oil/gas companies profits.
Does peak oil exist or is it just another fabricated rumor to help steer Americans into another war with Iran or any other country that has vast oil reserves? I used to be pro invasion of a war with Iraq, but now I feel that the loss of American soldiers has more to do with US interests than the pursuit of foreign democracy... What do you think? |
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11-18-2007, 02:06 AM
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#2 |
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"Peak oil" hmmm...
"peak oil"... is that a new kind of oil? or are you saying that oil rates are way too high???
I do not believe any conspiracies that I do not create...  .
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11-18-2007, 02:11 AM
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It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
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Peak oil is and has been real. Pretty much a certainty actually. I believe it was that researcher from Chevron if memory serves me that properly fore casted the assorted stages of oil in our country and how we would hit a peak in the US in the 70's and that hit, and how the world would hit one around 2010 and that seems to be hitting as well. This all done back in the 50's when the US was rocking and actually exporting oil.
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11-18-2007, 02:13 AM
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HOMICIDAL TROLL KILLER
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Honestly, if the US govt. said they wanted to invade Iran or Venezuala to take oil and secure the American way of life, I would have less of a problem than invading them (Iran/Venezuala) based on a statement of nuclear weapons or terrorism... |
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11-18-2007, 02:20 AM
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HOMICIDAL TROLL KILLER
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The Saudis keep their oil reserves a country secret and do not release the true oil capacity of their country to anyone (including the US or so they say)... How can a country that is as small and could easily be crushed by one of the Superpowers (EU, US, China, Russia), tell the preceeding countries that "our" (Saudi) oil reserves are "our" business? It makes no sense to me that the US doesnt have a clue as to how much oil is \available in the midddle east... read between the lines, seems simple to me... |
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11-18-2007, 02:22 AM
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#6 |
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Confirmed User
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Hi marketsmart
If the US starts creating more instability in the mid east then I could see the world not using the USD as their main currency as to invest in and trade with... France and a few other countries are talking about how the US may be trying financial warfare as to gain the upper hand while their dollar loses value...
What do you say? .
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11-18-2007, 02:32 AM
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I think it is a good idea that the Saudis keep their natural resources namely their oil reserves as a national secret since such is their financial backbone and funds much of their ongoings. As far as I understand they know that its just a matter of time and are looking at branching out... .
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11-18-2007, 02:46 AM
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HOMICIDAL TROLL KILLER
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Is it on purpose or is it just a matter of financial mismanagement at a national level? I dont have an answer, I wish I did... |
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11-18-2007, 02:59 AM
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Someting to think about.
Quote:
It is strange how Canadians are of the mindset that the Canadian dollar has to be lower the the US dollar... Canada is getting the national debt down... way down... and the United States are trillions in debt... I don't understand how investors back the USD while such a country backing its dollar is trillions in debt and climbing.... Does the US dollar and its country deserves to get every other nations backing on a bad investment ??? I'm not against the US... however I cannot see the world keep on backing and using the US dollar. A bad investment is a bad investment. Later,
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11-18-2007, 03:02 AM
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Now choke yourself!
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Get off of the drugs before you're back in your parents' basement.
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11-18-2007, 03:05 AM
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I don't do drugs GrouchyAdmin ... does my point of view scare you?
.
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11-18-2007, 03:07 AM
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HOMICIDAL TROLL KILLER
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11-18-2007, 03:11 AM
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#13 | |
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HOMICIDAL TROLL KILLER
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Quote:
In any case, something is going on... I don't believe the US is letting the dollar drop other than by dfesign... anyway, keep it up, i am killing it in forex.... |
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11-18-2007, 03:17 AM
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Now choke yourself!
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Quote:
Quote:
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11-18-2007, 03:24 AM
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It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
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Well I do rumors are circulating that the Saudis have already hit peak and are currently shoring up their reserves to keep economic stability. From most understandings the "easy oil" is now on a decline there.
Oddly though we and everyone else leave a shit load of oil in each and every site. Apparently we only pull out a bit more than a third or so. After that apparently it is much harder to get. Seems like an easy bailout to just go after those sources yet again, though oil use is expanding on such a scale that even if we went after those trillions or barrels the depletion situation would still remain the same only buying everyone a little more time. As for the whole dollar situation. That is just a correction and a series of small fuckups that made a giant fuckup. To much credit, to many shady loan practices, to many shady banks trying to grab bucks and giving loans to those with a pulse, and of course the Government doing its best to prevent their banking friends from taking that big of a hit. Though the lending issue is way beyond the scope of the US. It will be felt elsewhere as the banks readjust. Very few of these banks are or were US banks only and they were giving out just as shoddy of loans in other countries and causing wide spread real estate inflation. Though I still see the dollar rebounding yet again like it did in the 80's when it seemed as if Japan was the new super power money wise and the dollar was ranked near toilet paper. People do back the dollar for many reasons though. The US is really built on enterperners and those businesses are always huge on a global scale. It is also supported by the strongest and most well equipped military force on the planet and on top of that there is very strong Government stability. We as a country do have the right businesses, more than enough resources, and tons of consumers willing to buy anyone's goods. Far from super knowledgeable in economics and also posting under the influence of many drugs right now so please forgive any glaring mistakes.
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11-18-2007, 03:26 AM
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HOMICIDAL TROLL KILLER
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11-18-2007, 03:27 AM
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#17 |
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HOMICIDAL TROLL KILLER
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GrouchAdmin, can you offer an educated opinion on the topic or do you just like to bash other peoples ideas?
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11-18-2007, 03:29 AM
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It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
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Quote:
Mexico is a huge oil reserve that sells us oil all of the time. It also has numerous other resources from labor to produce to land, yes lots and lots of very valuable beach front land. As for Canada they are also sitting on a huge oil reserve. Only issue is that it falls under hard oil. It is sitting right on the surface. Problem is that it is mixed into rock. For quit awhile it was cost prohibitive to process these oil fields. However with current prices it is more than feasible. Not to mention if I recall Canada also has a large supply of natural gas, timber, produce, and water. Yes in the very near future water will be a very valuable commodity and I would expect to see it traded just like other commodities in our lifetime.
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11-18-2007, 03:48 AM
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#19 |
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No offense marketsmart...
Actually marketsmart, we have a lot more natural resource.
Lets see... we have oil, natural gas, diamonds, tuns of gold, lumber, fresh water I mean I could go on... Also because the US has their dollar diminishing in value it would be in their interest, literally as to combine their dollar with ours plus the Mexican dollar into one currency... Canada and Mexico interests are not in the Americans (US) best interest and only damage can occur.. We are already doing trade with the US and Mexico and there is no upside for Canada or Mexico as to buy into the finical BS being passed by those who are only guarding their own pockets books. I am 100% against Canada siding with the US on the issue of creating a Canadian/US/Mexican North American currency or a "united" North American trade system! I think any member of Canadian parliament or other office that represents Canada in any fasion who sides with the US on these topics should lose their pension and should resign, because they are not doing their job as to serve Canada! .
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11-18-2007, 03:49 AM
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#20 |
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Here is my view:
Has 'Peak Oil' happened? Probably Is that the end of the world? Probably not I think the oil industry isn't quick to adapt, and honestly, why should they be, they have their government in place, they are making record profits... for the long haul though, they should be more rapidly investing in other energy sources, that are profitable for them, and user friendly.
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11-18-2007, 03:53 AM
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#21 | |
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Now choke yourself!
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Quote:
The truth is: Marketing has been around forever, even your goddamned name has the statement in it. If people are told to buy new cars, eventually, they will (Hell, eventually, they'll have to). I'm not much of a conspiracy theorist, although I will admit that I do believe that 'big oil' has kept larger companies from producing more fuel-efficient cars, I do not believe that they have a direct hand, other than DIRECTLY SETTING THE FUCKING PRICES. There's no goddamned conspiracy about it: it's supply and demand. If you're willing to pay it, and can afford it, you'll do so. This is why a pack of cigarettes are $5.00 in California, and ~$1.00 in Latin America.
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11-18-2007, 04:05 AM
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#22 |
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Actually GrouchyAdmin, there are secret groups that try to manipulate the different sectors and also for what I understand such groups and even individuals who use what they call "power brokers".
You say GrouchyAdmin that there is no conspiracies being local or global... here is a conspiracy for you... why is investors using and backing the USD ! If you do not want to believe such thats is fine, however I have been told certain things 7 or 8 years back by individuals and have watch them come to pass... so I believe 100% such groups and individuals do exist and call the shots in the background. It does not take a nation state with millions as to make changes... perhaps one or two people can do the impossible. .
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11-18-2007, 04:08 AM
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#23 |
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The oil and gas industry is the most powerful economic cartel on the planet. Simple as that.
Oil+ Gas+ Automobiles+ Petrochemicals+++++++++ Automobiles alone are 1/4 of retail sales in the US. The oil and gas industry reach is fabulous. It's in transportation, power generation, plastics, gasoline, heating, fertilizers.... They are active directly or indirectly in most of what we produce and consume. They choose governments, they run banks. They are everywhere. Forget about any change.
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11-18-2007, 04:09 AM
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#24 | |
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HOMICIDAL TROLL KILLER
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Now, I believ in the american dream of making money and unlimited opportunity, but when I pay $50-$75 (a week) at the gas pump when I feel i should be paying $20-$30 ( a week), don;t you think there is an issue that needs to be discussed... Iraq has cost $1.2 trillion dollars and over 3,000 US lives... Don't you think we should get something in return, especially considering Iraq has huge oil reservers? To address your earlier "spade" calling a spade.. Yes. I am a capitalist... And by nature my poilitical views will always take a back seat to "me" making money... However, as I mature and hopefully become wiser, i can't help but ponder the fact that the elite of this world are making money at my expense and not sharing the wealth... I would love to hear your reponse on this... Finally, yes canada and mexico have many resources, what i meant ot say is that the natural resources versus the overhead (national security, military, govt., etc) of the US is tens of times greater than that of what canada or mexico could bring to the table... Although, i may be way off base here and maybe it's the ultimate plan to create a North American country like the EU... After all, isnt that what NAFTA started to do anyway? |
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11-18-2007, 04:17 AM
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I respect your stance on this topic, however the only thing the US has that Canada does not is population. If it was not for the fact that the DOD employed a great number of people there would be a real big issue down south of us... .
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11-18-2007, 04:19 AM
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Now choke yourself!
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Quote:
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11-18-2007, 04:21 AM
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Crude oil is by far the most traded commodity in the world.
If every barrel produced was traded on the public market and sold for $100, it would translate into a $8.50 billion/day trade (actual production: 85M barrels/day). 8.5B x 365 days, $3 trillion yearly trade in a $50 trillion world economy, and this is only for crude oil.
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11-18-2007, 04:24 AM
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#28 |
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You know xmas13 that China's population explosion is having the experts talk about their fuel requirements and China's requirement for oil is going to exceed that of the US very soon... Demand is way up there but how long will be able to use oil as the main fuel ???
.
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11-18-2007, 04:27 AM
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#29 |
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I think the average citizen doesn't understand how important oil is for the economy of a modern country, how important oil is in its life.
Without cheap energy, the average citizen would become coal miner or farmer. It's FACT, not fiction. Visit Cuba and see by yourself how people live without oil.
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11-18-2007, 04:30 AM
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#30 |
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Without oil, most jobs would be in small shops, factories, coal mining, agriculture, and we would ride bikes, like most Chinese.
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11-18-2007, 04:32 AM
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#31 |
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The end of cheap oil is not the end of the world, but the end of the world as we know it.
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11-18-2007, 04:44 AM
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#32 |
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HOMICIDAL TROLL KILLER
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WOW, some great responses... Some of you people def understand what is going on... I think the biggest threat to the world is China. They are spending Cold War money on their military and all that ends up in the news is that "the us govt. is questioning china's military buildup"...
for fucks sake, the us is funding chinas buildup by consuming huge amounts of chinas goods... ahhh, why do we do so much commerce in china? why is the us/china trade deficit so large? is it? a) because china makes great products b) because china makes cheap products c) because china is cool and the us wants to help them become the next superpower or is it... d) US corporations can build/assemble their products dirt cheap because china doesnt give a fuck about pollution, worker conditions, worker wages, or anything else that may get in the way of the bottom line.... I probably dont need to answer the multiple choice for you, but when are we going to wake up as a nation and as a world and say "enough is enough"... FUCK China, FUCK Communism, and stop handing over the country and world our ancestors and relatives fought/died for to protect our democracy... |
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11-18-2007, 05:08 AM
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What's to believe? If you use up a resource faster than you replace it, eventually you reach a limit. Just look at the graphs of discovery vs production over the past several decades and it instantly becomes obvious where we are today. Peak Oil doesn't mean running out of oil; that won't happen in our lifetimes; it does mean running out of the so-cheap-it's-almost-free energy that we've enjoyed for so long. I don't think Peak Oil is going to be the end of the world, but it is a wrench in the gears for any debt-based economy which depends on constant exponential growth to keep rolling.
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11-18-2007, 05:09 AM
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#34 |
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Time for you to start some thinking !
The concept of Communism is greatly miss understood... the pure form of Communism is not harmful, however a dictatorship running a Communism state is really dangerous!
And China does not have any national industrial standards as of yet, as far as I understand, and hell no they do not make better products... perhaps in the future when they adopt industrial standards... Perhaps China perceives or has caught the US trying to play financial warfare or perhaps they think the US might try to invade them saying it a national security issue... you know weapons of mass destruction.... China would be stupid to attack the US considering the US has not shown what technologies they have... I don't doubt for one second that the US could with their shared technologies remotely arm and destroy China's nuclear weapons... A few years back either it was North Korea or perhaps China had made it public record that a nuclear missile silo armed itself and begun a count down... no joke... they have on record that they pulled apart every component in regards to such silo and they found nothing... This is public record... this really did happen... so if China did attack the US their would be a massive pre mess... big time... You don't need to be a spook as to read this stuff on the internet... Open sources.... the real power of the Internet... one powerful tool !!! .
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11-18-2007, 05:13 AM
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#35 |
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Ÿes, I belive in peak oil and I belive that we are probably on the peak plateau now:
http://i129.photobucket.com/albums/p237/1ace11/fig1.gif There is no month with higher average daily production then Jul 06. For the Big Oil Guys hadnt any sense to speak about peak oil to the public in the past, since it could bring more effort to energy efficiency, savings and transmission to the renewable sources. Now at least half of these former optimist made 180% turnaround this year and they say peak oil is coming really soon. http://europe.theoildrum.com/node/3226 |
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11-18-2007, 05:59 AM
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#36 |
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So Fucking Banned
Join Date: Oct 2007
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doesn't Siberia have tons of oil?
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11-18-2007, 06:03 AM
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11-18-2007, 10:03 AM
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Facit Omnia Voluntas
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Facilitation - BizDev - Traffic - Consulting - Marketing Skype: jokerempire | Silent Circle: joker |
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11-18-2007, 10:08 AM
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#39 |
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Due to popular belief the Freemasons are not running the world... when will people take responsibly for themselves and take a more active role in their country welfare ?
Start thinking for yourselves or someone will do it for you... . .
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11-18-2007, 10:47 AM
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#40 |
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Just like 9 years ago we saw some of the lowest oil prices on record (if you take inflation into consideration). Everyone remember the meetings that Bush had with the energy sector and refused to discuss what they talked about? Prices have been climbing ever since.
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