If you understand energy and its foundational role in making the economy happen, then you understand something that few others do. I’m not sure why this energy blindness exists, but it is as mysterious as it is widespread. Perhaps, the implications are just too profound for many people to really entertain?
After all, if energy is that important, and it’s now winding down, what does that mean for the long march of human progress and our own sense of what the future might hold? At a minimum, it means that things simply won’t carry on as they have been. No more endless growth. No more increasingly complex systems; heck we’ll be lucky to simply keep what we’ve got now operating and properly maintained.
It all comes down to the amount of oil that’s available because oil is the KING of all energy sources. And the king is weak and fading…it’s entirely possible that we’ll never again see as much oil come out of the ground as we did back in 2018. That might have been the actual peak…
There are warning signs everywhere that oil supplies are extremely tight and that spare capacity simply doesn’t exist at the moment. Someday oil will forever be in the rearview mirror and this is why an economic collapse is inevitable.
Please, take the time to learn this data and ponder not just what it means to the world, but to yourselves and your loved ones.
Watch the video…
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Didn’t T-Bone Pickens warn us about peak oil being just around the corner 40 years ago? It became all the rage among the oil industry elites who then went out and discovered a way to get more oil out of existing wells.
Yes. Gave birth to the shale oil revolution.
Didn’t Russia just make a huge discovery in the Arctic?
Yes, indeedy….
Russia makes massive oil discovery in the Arctic
Russian energy company Rosneft announced the discovery of a massive oil resource in the Pechora Sea with an estimated 82 million tons of oil.
https://english.almayadeen.net/news/politics/russia-makes-massive-oil-discovery-in-the-arctic
I’m on team abiotic oil.
I agree. The predictions of oil running out have been as accurate as the climate disaster predictions over the decades. They are both batting zero.
Sure. But the question remains …. Will ‘they’ let us have it.
“Polymerisation of hydrocarbons takes place at 600-1500 Celsius and at 20-70 k bar (Kenney et al. 2002), conditions which prevail deep in the earth at 70-250km (Carlson et al. 2005), going against fossil fuel theory, as the temperature and pressure consistent with the sedimentary environment present in earth’s crust is too low to account for various hydrocarbon molecules present in petroleum or its conversion from organic detritus.” Petroleum Engineers Association Aug 7 , 2021
I just read an article about some scientist tapping geothermal for our energy needs.
Using a gyrotron to vaporize rock to drill deep enough.
Now that he published his study I will be amazed if he lives another year.
A scientist who believes in global warming and CO2 bull shit is not a scientist but a hobbyist.
Check out the documentary film Collapse.
Michael Ruppert was talking about this back in ’09.
https://topdocumentaryfilms.com/collapse/
I think this chart has more immediate concerns….
OH..NO .. Martenson pushes the panic button on peak oil. MyGirl will lose her shit.
Hasn’t he been doing that for years? He was also raising the alarm about declining bug species.
This guy was screaming we were all going to die from covid at its onset.
Peak oil will coincide with peak big gov’t.