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Monday, April 26, 2010

Peak oil, best chart yet


The supply of the world's most essential energy source is going off a cliff. Not in the distant future, but in a year and a half. Production of all liquid fuels, including oil, will drop within 20 years to half what it is today. And the difference needs to be made up with "unidentified projects," which one of the world's leading petroleum geologists says is just a "euphemism for rank shortage," and the world's foremost oil industry banker says is "faith based."

The chart was drawn by the United States Department of Energy, and the United States military's Joint Forces Command concurs with the overall picture. This information is well known to experts, just not to everyone who needs to be thinking about it. We've known about this for twenty years. Some think this is what the whole global warming scare is all about. That explains why no matter how much it cools, they pretend we're still burning up. Some give them the benefit of the doubt that global warming is not just a blatant fraud in order to tax more, spend more, and build a frightening world government later this year. They think the global warming nitwits are actually trying to ease us into this new reality of $400/ barrel oil, and $20 a gallon gas. That would actually be admirable: lie to people because they won't take the truth about shortages seriously.

Actually, there aren't shortages. A huge amount of oil we can't touch because of enviro-Nazis. A lot more will take many years to get. A lot more is just very difficult and expensive to get. There is 150 years of oil left, we just can't get it quickly or cheaply (or at all if enviro-Nazis forbid it).

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