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A Brief History of Oil and Humans (really brief) (Read 1081 times)
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A Brief History of Oil and Humans (really brief)
Sep 29th, 2013 at 3:49pm
 
A picture paints a thousand words Wink

...

Quote:
The Really, Really Big Picture

The really big picture goes like this: Humans discovered about 400 million years worth of stored sunlight in the form of coal, oil, and natural gas, and have developed technologies that will essentially see all of that treasure burned up in just 300 to 400 years.

On the faulty assumption that fossil fuels will always be a resource we could draw upon, we fashioned economic, monetary, and other assorted belief systems based on permanent abundance, plus a species population on track to number around 9 billion souls by 2050.

There are two numbers to keep firmly in mind. The first is 22, and the other is 10. In the past 22 years, half of all of the oil ever burned has been burned. Such is the nature of exponentially increasing demand. And the oil burned in the last 22 years was the easy and cheap stuff discovered 30 to 40 years ago. Which brings us to the number 10.

In every calorie of food that comes to your table are hidden 10 calories of fossil fuels, making modern agriculture and food delivery the first type in history that consumes more energy than it delivers. Someday fossil fuels will be all gone. That day may be far off in the future, but preparing for that day could (and one could argue should) easily require every bit of time we have.

What galls me at this stage is that all of the pronouncements of additional oil being squeezed, fractured, and otherwise expensively coaxed out of the ground are being delivered with the message that there's so much available, there's nothing to worry about (at least, not yet.) The message seems to be that we can just leave those challenges for future people, who we expect to be at least as clever as us, so they'll surely manage just fine.

Instead, the chart above illustrates that on a reasonably significant timeline, the age of fossil fuels will be intense and historically quite short. The real question is not Will it run out? but Where would we like to be, and what should the future look like when it finally runs out? The former question suggests that "maintain the status quo" is the correct response, while the latter question suggests that we had better be investing this once-in-a-species bequeathment very judiciously and wisely.

Energy is vital to our economy and our easy, modern lives. Without energy, there would be no economy. The more expensive our energy is, the more of our economy is dedicated to getting energy instead of other pursuits and activities. Among the various forms of energy, petroleum is the king of transportation fuels and is indispensible to our global economy and way of life.

To what do we owe the recent explosion in technology and living standards? To me the answer is simple: energy.....



http://www.financialsense.com/contributors/chris-martenson/really-really-big-pic...
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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.
 
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Innocent bystander
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Re: A Brief History of Oil and Humans (really brief)
Reply #1 - Sep 29th, 2013 at 5:29pm
 
Sitting in a traffic jam its not hard to realise that we are on a brief roller coaster journey here, the aborigine lived here for 40 000 years, the way we are going in our current form we'll be lucky to last a few hundred, modern capitalistic society is like a pyramid scheme and soon it will collapse, its all completely unsustainable thats for sure, have fun while it lasts, something else will soon replace it, what that will be nobody knows but it won't be as pretty as the cocoon we have woven for ourselves now.
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Re: A Brief History of Oil and Humans (really brief)
Reply #2 - Sep 30th, 2013 at 6:27am
 
Oil and humans

we discovered it

realised we could make money off it

and killed for it
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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....
 
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Re: A Brief History of Oil and Humans (really brief)
Reply #3 - Sep 30th, 2013 at 7:37am
 
Innocent bystander wrote on Sep 29th, 2013 at 5:29pm:
the way we are going in our current form we'll be lucky to last a few hundred


Yes, if the powers that be keep trying to ignore the reality that looking after the environment we live in is more important than maintaining a AAA credit rating.....
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Sure God created man before woman. But then you always make a rough draft before the final masterpiece.
 
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Re: A Brief History of Oil and Humans (really brief)
Reply #4 - Oct 1st, 2013 at 11:34am
 
Frances wrote on Sep 30th, 2013 at 7:37am:
Innocent bystander wrote on Sep 29th, 2013 at 5:29pm:
the way we are going in our current form we'll be lucky to last a few hundred


Yes, if the powers that be keep trying to ignore the reality that looking after the environment we live in is more important than maintaining a AAA credit rating.....


If the powers that be don't maintain AAA credit ratings there will be no money to spend on looking after the environment.

Wink
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Frances
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Re: A Brief History of Oil and Humans (really brief)
Reply #5 - Oct 1st, 2013 at 3:28pm
 
Are you telling us that we have created an environment where we don't need nature?  If you focus on the economy, credit ratings, trade, GDP and so on while ignoring your relationship to the environment, you will eventually end up with an environment that is so toxic it will not support human life.  Is that the sort of world you want to leave to your great grandchildren?
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Sure God created man before woman. But then you always make a rough draft before the final masterpiece.
 
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perceptions_now
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Re: A Brief History of Oil and Humans (really brief)
Reply #6 - Oct 1st, 2013 at 5:27pm
 
Swagman wrote on Oct 1st, 2013 at 11:34am:
Frances wrote on Sep 30th, 2013 at 7:37am:
Innocent bystander wrote on Sep 29th, 2013 at 5:29pm:
the way we are going in our current form we'll be lucky to last a few hundred


Yes, if the powers that be keep trying to ignore the reality that looking after the environment we live in is more important than maintaining a AAA credit rating.....


If the powers that be don't maintain AAA credit ratings there will be no money to spend on looking after the environment.

Wink


According to Trading Economics, the following countries Debt to GDP Ratio's are -

China - 23%
France -      90%

Germany -      82%

Greece - 156%
Japan - 211%

India - 68%
Indonesia - 23%
Ireland -      117%
Italy -      127%
Norway - 28%
Portugal -      124%
Russia - 8%
Singapore -      98%

Spain -      84%
United Kingdom -      91%

United States -      102%

Zimbabwe -      151%

Australia - 21%

http://www.tradingeconomics.com/country-list/government-debt-to-gdp 


According to Standard & Poors, the following countries Credit Ratings are -

China - AA-

France - AA+ 
  
Germany - AAA 

Greece - B-  
Japan - AA-

India - BBB-
Indonesia - BB+
Ireland - BBB+    
Italy - BBB 
Norway - AAA  
 
Portugal - BB 
Russia - BBB     
Singapore - AAA 
  
Spain - BBB-    
United Kingdom - AAA   
 
United States - AA+ 
    
Zimbabwe - Not Rated 

Australia - AAA
  
http://en.wikipedia.org/wiki/List_of_countries_by_credit_rating

Sovereign Credit ratings may mean many things to many people, But they certainly don't seem to follow a countries Real & Relative Debts, nor do they seem to be taking appropriate note of those countries allowing massive money printing to pay down Debt.

In short, it's all an "in house" game of BS", with certain advantages for those on the inside of the game!
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BatteriesNotIncluded
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people died for this!

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Re: A Brief History of Oil and Humans (really brief)
Reply #7 - Oct 2nd, 2013 at 9:18pm
 
Swagman wrote on Oct 1st, 2013 at 11:34am:
Frances wrote on Sep 30th, 2013 at 7:37am:
Innocent bystander wrote on Sep 29th, 2013 at 5:29pm:
the way we are going in our current form we'll be lucky to last a few hundred


Yes, if the powers that be keep trying to ignore the reality that looking after the environment we live in is more important than maintaining a AAA credit rating.....


If the powers that be don't maintain AAA credit ratings there will be no money to spend on looking after the environment.

Wink

Bruce Lee said don't block!  Grin Grin Grin Grin Grin Grin Grin Grin Grin
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*Sure....they're anti competitive as any subsidised job is.  It wouldn't be there without the tax payer.  Very damned difficult for a brainwashed collectivist to understand that I know....  (swaggy) *
 
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people died for this!

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Re: A Brief History of Oil and Humans (really brief)
Reply #8 - Oct 2nd, 2013 at 9:19pm
 
Frances wrote on Oct 1st, 2013 at 3:28pm:
Are you telling us that we have created an environment where we don't need nature?  If you focus on the economy, credit ratings, trade, GDP and so on while ignoring your relationship to the environment, you will eventually end up with an environment that is so toxic it will not support human life.  Is that the sort of world you want to leave to your great grandchildren?

two birds with one stone: al gore said it years ago!
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*Sure....they're anti competitive as any subsidised job is.  It wouldn't be there without the tax payer.  Very damned difficult for a brainwashed collectivist to understand that I know....  (swaggy) *
 
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