The Oil Drum

262 comments on DrumBeat: May 28, 2008

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john15 on May 28, 2008 - 12:03pm

"Now with the huge run-up in oil, there are no substitutes and declining supply."

the electricity that runs your computer can run your car. some can use waste vegetable oil. we can use oil most efficiently. those are some substitute.

we still have half our oil left.

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mcgowanmc on May 28, 2008 - 8:48pm

"we still have half our oil left."

"Low-hanging fruit" that just bubbled out of the ground.

EROEI is exploding now.

"...the electricity that runs your computer" is taxing the grid.

Tell me why the UK's collapsed yesterday.

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DaveMart on May 28, 2008 - 8:57pm

This was the kind of outage that happens sometimes, and appears coincidental.
Blackouts from shortages and retired equipment together with short supplies of natural gas is a pleasure that is not here as yet, but it is coming.