Cnn International confirms peak oil and world has 80% less than thought...

[junker]

apparently 2010 is pretty much it...

sorry if this is a dupe

http://edition.cnn.com/2003/WORLD/europe/10/02/global.warming/index.html

[judge_smales]

1. Not sure

that I buy this one.

[Qutzupalotl]

4. Michael Ruppert has been saying this for years.

http://www.fromthewilderness.com

It's why Bush wants to dominate the middle east.

[Cappurr]

2. And thats why went went to Iraq

:shrug: Water will be next.

[The Backlash Cometh]

3. The Mayan's predicted the end of the world in 2012.

Personally, I think it's time to change our priorities and start planning our communities so that everything we need is within walking distance. High density urban areas without green space is beginning to sound like a very stupid idea.

[FDRrocks]

10. I agree.

I live in a hilly area of Pennsylvania, the nearest supermarket is a 5 mile ride 1/2 uphill. I always thought it would just make more sense to build society on central areas, with local vendors.

As is, the best I can do is a 3-cyl Geo Metro, but it works. Took me 6 months to put 3k miles on her :)

[happyslug]

11. I live in the Mountains of Pennsylvania

If you looked at Johnstown even 50 years ago the stores and jobs were all in the river Valley with the people. Since that time both the Stores and people have moved to the new suburbans on top of the two nearby ridges (and travel through the valley Johnstown is in to get from one ridge to the other). Now the Jobs have also gone to the ridges, but many are still in the Johnstown Valley area.

Thus you have travel from one ridge to another and this is a complete waste of fuel. When people had to walk the mountains they avoided living on a ridge top away from their jobs, but with low gasoline prices they no longer had that restriction. Whenever the fuel shortage hit people will be complaining they can not get to their jobs (If there still have any at that time). I can see the complaints now and how it is all the Democrats fault for NOT permitting more drilling.

[2cents]

5. Whether it's accurate or not...

...the oil Co's. can run with it and milk us like prize cows (after the election of course).

[cprise]

6. DUPE

And it has been debunked already.

[mhr]

7. More On Peak Oil Can Be Found Here

Websites of interest include:

http://www.oilcrash.com/
http://www.asponews.org
http://www.gulland.ca/depletion/depletion.htm
http://www.dieoff.org/
http://www.oilanalytics.org/
http://www.greatchange.org/
http://www.oilcrisis.com/
http://www.after-oil.co.uk/
http://www.hubbertpeak.com/
http://hubbert.mines.edu
http://www.museletter.com/archive/cia-oil.html

Energy Resources
http://groups.yahoo.com/group/energyresources/

Alas Babylon
http://groups.yahoo.com/group/AlasBabylon/

Running on Empty
http://groups.yahoo.com/group/RunningOnEmpty2/

[rapier]

8. imporant points. badly written story.

The 80% overstating of reserves is surpising and probably not that important. How can I say that? Because the main point is when world production will peak. There is a broad consensus already that peak production will be by 2010, or earlier.

I follow this a bit and within that consensus is the belief that there is quite a bit of over optimism contained in the reserve numbers in the Middle East. But that is actually a seperate issue from when total annual world production will begin to decline. If yoiu get my drift.

Total world production is dependent upon hundreds of major and tens of thousands of minor wells. Wherever one looks it's getting harder and harder to punp the oil, and to find it.

So don't emphasise this 80% number. While significant it doesn't tell the tale.

Guess what year US oil production peaked. If you said 73 you are right. What year was the first oil 'crisis'? 73 of course, and there was no coincidence involved. Oil is a centralized market and the price of all oil is dependent upon the price of the marginal or last barrel sold. When that last buyer can't get what he needs he bids up the price and drags it up for the thousands of other buyers. Peak production will be a huge thing for prices.

Also ignore what they said about global warming. The peak in consumption sometime within the next few years hardly means that use will go to zero nor will it magically reverse the CO2 load in the atmosphere now. (This story is very badly written)

[FDRrocks]

9. Yea I was wondering about that...

The hole in the ozone is huge. I figured if anything... it will just take the icecaps longer to melt.

I'd never heard this figure. It actually makes me happy. We need to do away with this environmentally disastrous economy. We can do without oil, sure. We can do without gas, sure. We can come up with alternatives.

But we cannot do without the o-zone, at all.