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  • Safe Haven Investments Amid a Global Crisis [View article]
    This is a very informative article, with one exception. According to the most knowledgeable scientists, nuclear fusion if possible, is decades away from coming to fruition.

    More important, nuclear fusion and most alternatives yield electric power, which is not the liquid fuel that we need for 18 wheel trucks, combines/tractors, trains, buses, cars, trains, and ships.

    Peak Oil will never "be behind us."

    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.

    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?
    Aug 04 04:53 am |Rating: 0 0 |Link to Comment
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