drooyrich

Ominous for the Globe but Good News for Oil Bulls

I am always amazed how literate people with access to the internet do not want to understand peak oil and its huge huge huge implications - to repeat what what M. Simmons (ex-advisor for energy matters to Bush) has said, we need to increase efficiency in trasport (throw away those fucking SUVS), permit US companies to drill, get the grid in an efficient and intelligent condition, invest in solar, in wind, in nuclear, in raliways, in elettrical urban transport TODAY and not waste time - we do not have any - in 2015, with Cantarell, Ghawar, Kirkud and Kaping ALL in irreversible declines the total output will be a mere 65 million bpd - demand ? think around 110 million bpd - those who want to listen and learn, peakoil.com, energybulletin.net, theoildrum.com, not counting the Congressiona hearings and the plans of the defense ministry to cope with peak oil - ALL DOCUMENTED - STOP DREAMING AND WAKE UP - and once you understand the problem, start talking about it to every intelligent person you know