What is peak oil? >It is the maximum oil produced so far and marks the beginning of net energy descent when no further profitable production is possible.
What's the Net Energy Principle? >Energy “resources” must produce more energy than they consume, otherwise they are called “sinks.”
What's the Seneca Effect? >Growth is gradual but ruin is rapid -- based on the Roman philosopher Seneca, energy production along with civilisations follow their own Seneca Effect and rapidly simplify.
Sources: >Thermo/Gene Collision - On Human Nature, Energy and Collapse. Jay Hanson
It's here. The Oil Cartels have been suppressing the price and pretending like they have greater supply than they do for a decade. The reason for all the recent geopolitical madness is to distract from this. COVID was probably made and released specifically for this.
5/6 globally will disappear through starvation, disease and border wars over resources. Regions will vary and everywhere will swing to political extremes.
David Bennett
no, the modern world dies the based will inherit the earth
Angel Ward
There has been a lot of stuff about peak oil since the year 2000. But prices are still lower than they were in 2008. They're only even that high because Biden banned fracking. But if they started fracking again the jewsa would become an oil exporter, and oil prices would be back down at 30.
Jeremiah Thomas
Unconventional peaked in Nov 2018, which includes fracking and deep sea oil, no longer easy to tap in the backyard -- low energy return on investment
Every acre you grow for fuel is an acre less you have for growing food and supporting the economy, growing civilisation with surplus energy etc. Fossil energy doesn't compete with it and actually supports big fo yields that support billions of humans beyond original preindustrial carrying capacity.
Ian Sullivan
So abiotic is technically a red herring since it does not matter, it is the rate of consumption vs the rate of renewal
Afaik no, because it would be exploited already. Net energy surplus is responsible for all the primary wealth since it allows us to do things and shape other commodities, sustain socioeconomic complexity. Its loss does the opposite and life slows right down and things go tribal.
Luis Richardson
Yes maybe. That would be a civilisation much less complex than current industrial civilisation, which requires enormous surplus energy to function. Biomass powered civilisations: all ancient civilisations.
William Jenkins
It would drop more than that. If we have no oil, we would drop down to the same population demographics we had back in the 18th century - probably even less since the New World expansion generated its own types of booms in terms of population. Peak oil will be a slow burn making up for decades as the allocation of what's left of the resource will centralize to a few where a majority will be excluded. Determining if a civilization will become violent is impossible to speculate. What I think is more likely to happen is sweeping immigration as people leave for better job opportunities. These migration patterns will be seen in the Summer seasons. In 2021 you might have seen some people talking about self sufficiency, by 2022 you will see a handful of them migrating into rural areas. From 2023 to 2025, some people will be noticing the unsustainability of their lives and will develop the same sentiments as the people in 2021-2022. There will be people migrating in small amounts between this time as the conditions pushes people like us to move. From 2025 to 2027 the normies will attempt migrating but since they were a bit late, they will start panicking and then things become unpredictable. I don't think we are going to be climbing back to a functioning life if we wait around and assume this stuff will all go away and we remain consistent with our commitments (wife, job, school), whatever it may be, it's a giant liability right now.
People call for capitalism, for free markets than sperg at a 5% fuel price inflation or food inflation
like damn man, volatility is supposed to be a feature, not a bug.
After seeing the unrest of the 1960's / 70's oil price shocks, I'm adamant that the market price for fuel would not be publically eshewed again, but rather, for the sake of not being bolsheviked, they started the gulf wars to steal the remaining high EROI oil while they prepared for the rug pull (the return to actual market prices)
It would seem to me that the peak oil myth was created in the first place to prevent over-consumption. They are just playing the card again. Does anyone actually believe we are mining dead dinosaur juice?
Adrian Perry
Peak oil is a retarded concept IMO. I used to believe it, and then the high prices of the mid 00’s caused exploration and drilling to boom and Sarah Palin was absolutely right with her “Drill, baby, drill” shit. We unleashed a flood of oil on the world and nearly made OPEC our bitches. A year into Biden’s term, we’ve already squandered that energy independence and we’re back to begging Saudis. Fuck this stupid shit. Drill, baby drill.
Jose Wood
Nobody is playing any card, look at Google trends for Peak Oil terms, nobody is talking about it despite global production peaking in November 2018. Re overconsumption -- damage is already done, cheap oil is gone.
Kevin Lee
Yes the warning signs are everywhere, cheers.
Michael Hill
Everyone said that stupid shit in 2005 and 2006 and they were totally wrong though.