Peak World Oil Exports was in 2005, the amount of oil-energy available to fuel the economies. Net World Oil Exports has declined about 6% since 2005 = the economies have contracted about 6%.
There will be great oil and natural gas investments, but the long-term investments will be in achieving the current economic work using much less power. Example, investing in Personal Rapid Transit (PRT); a paradigm shift in transportation from the highways/automobile to networks of computer controlled 'horizontal-elevators' . seekingalpha.com/artic...
Using 127 watt-hours per passenger-mile instead of 1,000 (900, trains; 1033, cars; 1246, buses) results in 85% of current transportation costs to be converted to jobs and profits. This massive opportunity exists only because communications, transportation and power generation infrastructures have operated under well-meaning to rigid government monopolies since AT&T was monopolized in the mobilization to fight World War I. The great innovations at the founding of these monopolies locked in place the innovations of Bell, Ford, Edison and the Wright Brothers.
De-monopolization of AT&T in 1984 resulted in the Internet boom. Cap & Trade will force a de-monopolization of government road (network) allowing innovations such as PRT and Feed-in Tariffs to re-tool transportation and power generation infrastructure. The boom will exceed that of the Internet.
How to Invest in Peak Oil [View article]
There will be great oil and natural gas investments, but the long-term investments will be in achieving the current economic work using much less power. Example, investing in Personal Rapid Transit (PRT); a paradigm shift in transportation from the highways/automobile to networks of computer controlled 'horizontal-elevators' . seekingalpha.com/artic...
Using 127 watt-hours per passenger-mile instead of 1,000 (900, trains; 1033, cars; 1246, buses) results in 85% of current transportation costs to be converted to jobs and profits. This massive opportunity exists only because communications, transportation and power generation infrastructures have operated under well-meaning to rigid government monopolies since AT&T was monopolized in the mobilization to fight World War I. The great innovations at the founding of these monopolies locked in place the innovations of Bell, Ford, Edison and the Wright Brothers.
De-monopolization of AT&T in 1984 resulted in the Internet boom. Cap & Trade will force a de-monopolization of government road (network) allowing innovations such as PRT and Feed-in Tariffs to re-tool transportation and power generation infrastructure. The boom will exceed that of the Internet.