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Old 05-25-2007   #7 (permalink)
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Michaelangelica
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Smile Re: Peak Oil. When will we run out? What will it mean?

[QUOTE]
Quote:
Originally Posted by Boerseun View Post
Actually, . . .underground that it might take you ten liters to recover nine, the well is unsupportable . .
Thanks for the clarification.
I thought it had something to do with pumping water down the hole. . . (Anyway I had it A*se up.)


Quote:
There are vast resources available, like the Canadian tar sands, which is just . . And then we'll reciprocate by buying smaller cars, taxing SUV's into oblivion, and becoming more energy-conscious. Which might, ultimately, be a good thing. But the oil will keep flowing.
Good
Quote:
Also, SASOL's economically sound version of the Fischer-Tropsch process might render vast coalfields into oil resources
This is very interesting.
For a hundred+ mile radius around me, under me, is a huge coal field and it is just one of many in Australia. There are hundreds? of ships off the coast at the moment lined up for 100K to get to Newcastle to fill up with coal either for China or Japan
This might be why so many Japanese and US equity/energy companies are buying up Oz coal companies who up to recently were struggling to make a profit. Every day some company takeover is in the news.
A Korean company wants to long wall mine practically under me at the moment. People are worried about what that will do to underground water and the area is dotted with "Water not Coal" signs in front yards.

I am told there is also a boom in uranium (we have 33% of world supply). Western Australia which seems to be made of iron, diamonds gold, gas etc is booming. They are desperate to get people to work there. Unemployment is at an all-time low. The long dominant, establised Eastern States are now the poor relations (except Queensland -but they will run out of water next week)
Quote:
A very good resource on this is at [url=http://www.dieoff.org]DIE OFF
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I don't think I really want to know, but thanks anyway

Quote:
The best advice might be to get a cabin in the mountains somewhere and wait the storm out, armed with a shotgun to keep the hungry looters and petrol zombies away from the front door... -
You know;This was the exact advice given to me in the late 1970's by a VERY senior exec. American guy I met in EXXON. He also suggested a high, electrified fence.

I met up with him in Texas in early 80's (SO much $$$ in Houston "What's a trillion?" I asked. ).

He had changed jobs from the area he was trained in.
"What are you doing now then." I asked. (I knew he had just got back from Indonesia)
"O, y'a know. . just buying things"
"What do you mean buying things?"
"Well, we know we are going to be out of the Oil business eventually, so we are buying other things" (!!!)
Probably half of Indonesia; They already own some VERY profitable bits of Australia.
He did explain that he and Exxon did not think (in 1970) that America could have reduced their oil needs as they did when the price went up. They did not believe USAans would buy smaller cars or insulation!!
and
that the day of reconing was a little further off than they first thought.
I am banking on Oz "sliver (not a typo) solar cells" helping out the energy crisis.


----------------
"Unemployment is capitalism's way of getting you to plant a garden."
~Orson Scott Card

Last edited by Michaelangelica; 05-25-2007 at 05:11 PM..
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