160 comments on DrumBeat: December 8, 2007
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160 comments on DrumBeat: December 8, 2007
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GAIA Host Collective
Leanan, thanks for the tip. I had not been checking the news at PeakOil.com. Just checked it and found this animated cartoon. It is a keeper.
http://peakoil.com/article33887.html
Ron Patterson
Ron, excellent. Definitely one to pass on to every one you know. Thanks.
Richard Wakefield
Heh. We TOD staffers have been admiring that. I think there will probably be a dedicated post about it.
I wonder if "OilyBoyd" is the guy who posts as OilCanBoyd here?
Note that our link is posted at the end...
That really is a wonderful piece of animation. In two minutes it communicates the whole peak oil concept without saying a word. Brilliant.
Anyone got a few million bucks sitting around so this could be shown during the Super Bowl? :-)
I've been getting my students to SEE IT, because I try to link peak oil and evolution.
Notice the "evolution" of the car on the uphill ride...
Is this supposed to be a literal representation? No. Its a simple and quite brilliant animation conveying an idea.
Some of the greatest teaching in history has been made by the use of illustrations. Has it worked? I think your comment misses the point but it proves this animations ability to make you think! (not you, but you in a wider sense just to clarify that)
Deceptive Cartoon:
I find the near vertical descent of this cartoon very misleading. ASPO's latest charts and graphs show an all liquids peak of 87 Mbpd in 2010. Forty years later, all liquids is down to 41 Mbd. On average this is 1.15 Mbpd or 1.3% per year. Do you think we can handle a 1.3% decline rate?
And the ASPO knows exactly what will happen? All their prognostications are just a best case scenario. Jeffery Brown's Export Land Model indicates we will have a much steeper decline.
I think it is really foolish to expect a gradual slow decline. That is just another form of denial. Producing nations will see an increase in consumption while production declines. Hording will be rampant. And there is the ever possibility of resource wars.
In fact what is happening right now in Nigeria is nothing more than a resource war. Those Nigerians not getting their fair share of the wealth are fighting like hell to get it. And that one particular resource war just took 900,000 bp/d off line.
Nigeria: Country's Production Capacity Drops By 900,000bpd
And as the price of oil climbs higher and higher and people get hungry because of the consequences of peak oil, the violence will get greater and greater.
A slow decline of 1.3% per year, for decades? You are dreaming. I would predict a best case scenario of a drop of about 5% per year. Less than 1% for the next few years, then 2 to 3% for just a few years, then sometime between 2015 and 2020 a drop of at least 5% per year, barring severe resource wars. In that case the drop will be much steeper.
Ron Patterson
Drudge Report headline today (so far there is no story linked):
OIL-RICH NATIONS USE MORE ENERGY, CUTTING EXPORTS...
Here's the link to that article: http://www.iht.com/articles/2007/12/08/business/09oil.php?WT.mc_id=rssbu...
"Ten years from now, world capacity to produce oil could be 20 percent higher than today," said Daniel Yergin, chairman of Cambridge Energy Research Associates. "But a lot will depend on how the geopolitics work out."
Well done idiot... No mention of Peak Oil just Geopolitics WOO!!
Yergin et al are not idiots without a cause, the geopolitics he cites is code for Exxon's "just get us access", namely more resource wars. They are not passive in their denial.
Well done. Well done. Well done. What else is there to say to Jeffrey Brown, and his leading edge work on the Declining Exports story? Looks like this theme may now make it to the national edition of the NYT for Sunday, 08 December 2007. Possibly the front page. Ho Ho Ho. Merry Christmas.
http://www.nytimes.com/2007/12/09/business/worldbusiness/09oil.html?hp
Gregor
I had several discussions with the NYT reporter on the topic of net oil exports. I suppose they felt that they had to include our buddy Yergin for balance.
From the NYT website:
Other media outlets are picking up the story:
http://www.france24.com/france24Public/en/administration/afp-news.html?i...
from the IHT article...
"It is a very serious threat that a lot of major exporters that we count on today for international oil supply are no longer going to be net exporters any more in 5 to 10 years," said Amy Myers Jaffe, an oil analyst at Rice University.
Rice University is just a stone's throw away from WT in Dallas (OK, Rice is located in Houston but Texans can throw stones a long way!) :-) I'll bet Ms Jaffe is familiar with WT's work.
Try this
Posted originally by J Orlin Grabbe.
best