FutureCollapse (December 31, 1969 at 6:59 pm)

War. War never changes. Peak oil will be resolved politically by global thermonuclear war. A mercy suicide.

chuckkottke (December 31, 1969 at 6:59 pm)

Well, let's see - aerodynamically, most U.S. autos are awful - we should be driving machines with .2 drag coefficient. At 60 MPH. that translates to 16 HP needed (compared to .45 drag coef. which is roughly 53 HP @ 60 MPH for a typical SUV). Using high-compression engines, true hybrids with lithium-Iron phosphate batteries & carbon nanotube supercapacitors, refined aerodynamics - we should be able to achieve 120 MPG, supplemented w/solar-electric. We need government supported market forces.

babblebat (December 31, 1969 at 6:59 pm)

anyone have an idea why the opec nations are not making the investments necessary to increase prod. capacity? I hear it was due to a low oil price in the 90s and early 2Ks. I dont buy it, the increase in the price of oil has been expected by all (thus justifying the invetment that was never made). My belief is that the OPEC nations are running out quicker than they let on. They have much fewer reserves than they report as their production quotas are limited based on their stated reserves.

McCallan18 (December 31, 1969 at 6:59 pm)

fool

oney135 (December 31, 1969 at 6:59 pm)

records have shown that the production in my wells from the 50's have went up i have no dought that we will hit peak i just think it will be a long time

blionel3 (December 31, 1969 at 6:59 pm)

It would be a chain reaction, one bank would fail, and another one would fail, industries will close" Dr. Colin Campbell, geologist, ASPOs founder (2006)Read more on CNN I-report, google-search for: From the Subprime Crisis to the Financial Meltdown, Peak Oil the Hidden Responsible

vidsurf111 (December 31, 1969 at 6:59 pm)

And at what percent are your wells producing compared to the 50's? It's not a matter of not getting any oil, its a matter of getting less and less.

drselahi (December 31, 1969 at 6:59 pm)

So youre just going to dismiss what all these geologists, econimists and even oil ministers have been saying because of your own personal experience? Science isnt based on anecdotal stories from individuals. Search youtube for a documentary called "understanding peak oil" and watch the 8 parts. Please let me know why they are wrong.

drselahi (December 31, 1969 at 6:59 pm)

I bet he also thinks there is no recession, no global warming, or that cigarettes dont cause cancer.

oney135 (December 31, 1969 at 6:59 pm)

it will be a very long time before we peak oil i Know i'm still pumping wells that have been pumping since the 50's the reason oil is so high is becouse of a rich mans greed