cjwirth

Five Great Businesses Currently on Sale

If Frank Rong had been reading the material on this website, he should know that Peak Oil is not "B.S.," rather it is a scientific fact, established as so by the National Academy of Sciences in 1977.

Most independent studies and analysts come up with crude oil peaking now and global liquids not far behind (crude oil peak dates given here): Matthew Simmons 2005; German based and parliament funded Energy Watch Group 2005, Kenneth Deffeyes 2005, U.S. Army Corps of Engineers 2005, David Cohen 2011, T. Boone Pickens (2005), Samsam Bakhtiari 2005, Tony Eriksen 2008, Rembrandt Kopplear 2008-2010, Fredrik Robelius 2012, Chris Skrebowski by 2011, Sadad Al Husseini, we will pump no higher, Jeffrey Brown (soon), and Stuart Staniford (soon).

According to energy investment banker Matthew Simmons and other independent forecasters, global crude oil production is now declining, from 74 million barrels per day to 60 million barrels per day by 2015. During the same time demand will increase 14%.

This is equivalent to a 33% drop in 7 years. No one can reverse this trend, nor can we conserve our way out of this catastrophe. Because the demand for oil is so high, it will always be higher than production; thus the depletion rate will continue until all recoverable oil is extracted.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment.

We are facing the collapse of the highways that depend on diesel trucks for maintenance of bridges, cleaning culverts to avoid road washouts, snow plowing, roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, transformers, steel for pylons, and high tension cables, all from far away. With the highways out, there will be no food coming in from “outside,” and without the power grid virtually nothing works, including home heating, pumping of gasoline and diesel, airports, communications, and automated systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil?