do i draw my money out now

  • Thread starter Thread starter merlin50
  • Start date Start date

it looks like the big banks may be in trouble

  • do i draw my money out now

    Votes: 8 36.4%
  • do i leave it in

    Votes: 14 63.6%

  • Total voters
    22
  • Poll closed .
The rise in oil prices makes growth impossible. Without growth we go the same way as Greece.
 
I'm just trying to pin you down to accuracy. First you say we have passed the peak, then you say it isn't a peak, then you say we might not have passed it.

Seems to me like a buzzword being thrown around.

Since you aren't able to say what the peak is (or was) or when we passed it (if, as you said earlier, we have done), your assertion can't be checked or challenged or tested for truth.

So is worthless.

"What is asserted without evidence can be dismissed without evidence"
 
Google wrote

The Stone Age did not end because of the lack of stones, and the Oil Age won't end because of lack of oil. The issue is lack of further growth, followed by gradual, then steep decline. Dr King Hubbert correctly predicted peaking of USA oil production in the 1970's on this basis

It is now widely acknowledged by the world's leading petroleum geologists that more than 95 percent of all recoverable oil has now been found. We therefore know, within a reasonable degree of certainty, the total amount of oil available to us.

Worldwide discovery of oil peaked in 1964 and has followed a steady decline since.
 
I'm just trying to pin you down to accuracy. First you say we have passed the peak, then you say it isn't a peak, then you say we might not have passed it.

Seems to me like a buzzword being thrown around.

Since you aren't able to say what the peak is (or was) or when we passed it (if, as you said earlier, we have done), your assertion can't be checked or challenged or tested for truth.

So is worthless.

"What is asserted without evidence can be dismissed without evidence"

Ok John. It's just a silly conspiracy theory. Oil will never run out and growth will never end. In our lifetimes the population of the world has more than doubled.
Crisis? What crisis?
 
Not wishing to play Devils Advocate, but could it be that "Peak Oil", based on provable reserves, is as much a myth as climate change caused solely by anthropogenic activity? Lets face it our successive governments have got us well and truly hooked on oil and consumerism, and now by saying it's running out can manipulate the price for maximum profit? Carbon derived climate change is in my opinion utter bull, and anyone who is willing to side with the likes of Al Gore on this needs their head examined. The reality is our climate is controlled by solar and cosmic activity, and the input of CO2 is miniscule. Why on earth would the UK government invest so much in regenerating the east end of London under the guise of the Olympics if it was going to flood in a few short decades?
Joe, have you seen anything by Ian R Crane?? He used to work for a massive oil company called Schlumberger, and he through his experience of the industry over decades has categorically stated that peak oil is a total myth, he's done some startling research into the BP Gulf catastrophe, enough to make you wonder if it was just an accident! He also states that US reserves are far far more than they'll ever admit to, probably why they like to go around invading and stealing other countries oil before having to fall back on their own.
Peak oil is always based on current rates of production, so yet to be discovered reserves are obviously never factored in- it's like "how long is a piece of string"?

Oil is another commodity used to manipulate the worlds population to suit the needs of corporations and governments, who always curiously seem to have a revolving door regarding employment....
 
If that's what you want to believe then that's fine by me. Funny that no major find has happened since the 60s though. And it's in the interest of oil companies to talk up their reserves to prevent their share price slumping. Funny how a few years back they re-evaluated their reserves and claimed about double what they did before. BTW, every hot or cold spell in history has had an explanation, but not the current one. Why is that? Is it that Global Warming from greenhouse gases is true after all? If not - then tell us what is causing the ice caps to melt and even the Himalayas.
 
Aint going into it in depth, but having read a fair bit on cosmic rays and cloud formation(Clouds have only just been put into climate modelling programs, themselves an utter waste of time anyway), solar activity (outputs of magnetism not just flares and sunspots), I know better. The books The Chilling Stars, Chill etc are two of the best I've ever read but no government sponsored Uni will touch them(my sister in law now lectures the same subject and she's never heard of either book), and having being "educated"(indoctrinated as I now view that episode of my life...) up to MSc level in Environmental Science I've read a very varied amount of material on the subject.
If CO2 is such a problem why are commercial greenhouses kept at 1100-1200ppm for good output compared to our "normal" level which is about a third of that?? The more the better surely?
Glaciers,ice sheets, deserts- everything comes and goes as the earth rebalances itself, we just get pumped full of subjective propaganda by our media(photos of polar bears and panda ****e), who are owned by the government, who are owned by the corporations...Climate change is inevitable, nothing stays the same, just don't start making up fake science as a means to make us feel guilty and tax us for it....ie starting with the conclusion required and then regressing to the necessary hypotheses to validate the conclusion :wink:
 
The current topic is "peak oil". Start a new thread for cc. :roll:
 
The earth may rebalance but not in the time period currently experienced. Of course you know better than the rest of the scientific world cus you got a degree. :mrgreen: :mrgreen:
 
Yes a highly educated idiot indeed!!!

I wasn't hi-jacking the thread, just trying to say that in my experience with climate change it could so easily be the same with peak oil, but then finding the truth with either is so difficult, so I'm not saying I'm right just that there's so much we don't get told by the mainstream it's hard to ever get the truth.

I'm just wondering what the next scare will be if 2012 passes uneventful!

:lol:

I read an article in the Guardian(not mine it was lying on a table in a pub, honest!) on Wednesday which was saying BP were about to start exploring for oil off of the West Shetlands(North Uist) in another place very similar to the Gulf conditions depth wise etc, and the implications for another disaster could be much worse.
So, after being told there was years left in the North Sea, especially with technological advances to get to it, it's now a case of it's about to run out, and we'll drill in a deep and dangerous place to get new oil, wonder how much of that is to put a spanner in the SNP's plans for independence considering the financial side depended on oil revenues...scare the Scots into staying in the union or risk eco meltdown...(OOOOH we'll stay Mr Cameron!)

Joe- what sources have you been reading? Would be keen to have a look myself. I read the one book on Peak Oil by that ex BBC bloke a few years ago.
One thing I do know for sure is that the world is a well F'd up place and as Bill Hicks said- Humans are a virus with shoes.....maybe we should all go the way of the dinosaurs!
 
Joe said we'd passed peak oil. All I did was ask when. I didn't deny anything.

As far as I can see Joe is now backing away and saying we might not have passed the peak yet; or if we have he doesn't know.

I just want to be clear.

"Crisis what crisis" is nonsense, just throwing up a smokescreen.
 
Like the bible, you can find anything you want on google.

It is now widely acknowledged by the world's leading petroleum geologists that more than 95 percent of all recoverable oil has now been found.

Are you sure? When was this conclusion reached? Who makes this assertion?
 
See your point clear John, to state it's passed clearly means there's a date to it. I don't think it's possible to class it as a peak or trend when we just don't know what is around the corner in terms of discoveries, and when you just can't be certain these companies would tell the truth anyway(which I seriously doubt).
If you found a reserve then sat on it, then the picture is decline and desperation, the price rises, the company gets more money, the government gets more tax...we get shafted and are left in a state of fear, which is what they want anyway.
I've posted before elsewhere but the Russians had a very different philosophy on oil extraction based on well pressure. When the pressure dropped they capped it and moved on rather than drain it, after time and through monitoring the pressure went back up and they started pumping again- similar principles to any sustainable management of any resource.
Ian Crane, bizarrely, even on one program said that oil industry experts could not say for certain that oil reserves were the "fossil fuels" we consider them to be, that they really did not know what processes "made" oil....or where it really came from(yeah yeah under the ground).

(Like the dialogue here, just remember kids-opinions are like assholes, everyone has one, so no need to slag anyone off for theirs!!! :P )
 
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