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Do you think a peak in oil production will lead to a global energy crisis?
Asked at Massachusetts Street on June 30, 2008
“I’m one of those positive thinkers who would like to think that when it does happen, we will have wised up enough to be prepared for it.”
“I could see it happening, especially with China and India’s economies expanding so rapidly. I think it’s definitely something we need to take into account.”
“I do kind of believe that it’s going to be something we’re ill prepared for because I think we’re a major contributor to the problem. Even if it doesn’t happen as soon as they think it will, it’s going to happen eventually.”
“I think it’s kind of a Y2K type of thing where everyone gets all worked up about it, and then it never really materializes.”
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Comments
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Informed (anonymous) says…
A draft specialist? I love a good draft, especially from FreeState.
nobody1793 (anonymous) says…
yeah, and my spa could use some coordinating too.
Noemon (anonymous) says…
I'll say, nobody; your spa really clashes with those pants.
snap_pop_no_crackle (anonymous) says…
Where's merrill? He's usually all over this kind of stuff like white on rice.
RETICENT_IRREVERENT (Ronaldo Ignacio) says…
The Bilderberg group has planned... err... predicted, a global oil crisis, driving a collaspe of the global economy.Dollar cost averaging ammo purchases is a sound practice.
kusp8 (anonymous) says…
touche Marion, touche! haha.
RonBurgandy (anonymous) says…
Yes.
conservativepunker (anonymous) says…
When the speculators have ceased their fun, and they have gotten all the ducats they can, the price will fall. Indeed, not to $1.45 a gallon or anything like that, but it will get better.
helwen (anonymous) says…
Unless the various countries and their peoples work together to ensure proper distribution of fuels as needed (and how likely is that?), there will probably be an energy crisis/crunch.
sgtwolverine (anonymous) says…
I had my own energy crisis last weekend: I had a lot to do and I didn't get enough sleep. But I solved that energy crisis by sleeping in this morning, so you can all breathe easier.
sunflower_sue (anonymous) says…
sgt, can you sell me a gallon of that "sleeping in?" I'm really low on the stuff.
sgtwolverine (anonymous) says…
Sue, I'll see what I can do; this is a quiet (read: low-profit) week for me, so I should have some to spare.But remember: the one morning I was there, I got up crazy early. What, 5:30 or something?
dajudge (anonymous) says…
What does any of this have to do with the price of wheat, er, oil, in China?"Brown on biosolids"? I like that.
RETICENT_IRREVERENT (Ronaldo Ignacio) says…
Keep an eye on the strait of Hormuz and 200 dollar oil. They say thats the fracture point.
average (anonymous) says…
When the world has been consuming more oil than it has found every year since about 1980.... and that ratio is now close to consuming 4 barrels for every barrel we find in a given year... yeah... that happy big blip of oil we discovered in the middle east in the 1950s ain't gonna last forever...
loudmouthrealist (anonymous) says…
Should this head line read: "Do you think a peak in oil !!!!!! consumption !!!!!!!! will lead to a global energy crisis?: How does increased production (making more oil) lead to a energy crises?
loudmouthrealist (anonymous) says…
Increased production will lead to increased consumption and thus increased pollution which would be much more serious than an energy crisis. We need a major energy crisis to pull our heads out of our as**s to come up with feasible alternatives to our existing fossil fuel consumption crisis
walkdog262 (anonymous) says…
Why would you people argue about the question when the clear focus of this On the Street is the fact that Lacey Breech is hot as hell?
redneck (anonymous) says…
There is no energy crisis and there isn't going to be one. When we talk about an energy crisis we are simply feeding the greedy people who are trying to convince us that there is an energy crisis. Yes, the price of fuel is higher than hell but there is no crysis! Have any of you seen any gas stations who don't have any gas to sell? Did Midwest Energy shut any of us off last winter because they were simply out of Natural Gas? No, that has not happened. Stop talking about an Energy Crisis! It's simply greedy people trying to make as much as they can. They say talk cheap but it isn't cheap. The more we talk about it the more we are convincing the oil producing countries that they can keep getting away with ripping us off. We need to do like Brazil and plant sugar cane in every nook and cranny, go with Ethanol and also keep researching alternative energy supplies. This will always be an ongoing process; so don't expect the problem to ever go away. So lets all stop this nonsense about an energy crisis that doesn't & never will exist.
jonas (anonymous) says…
Errr. . . .yeah. . . .ummm. . . .. . . bump
Agnostick (anonymous) says…
Worth a read...http://www.wired.com/cars/coolwheels/magazine/16-07/ff_tataI think there will initially be a "crisis," but that will eventually give way to a "global energy revolution." Solar makes a lot of sense, because there's no ownership.Can somebody offer a reasonable scenario under which speculators could drive up the price of sunlight? Or wind, for that matter?Agnostickagnostick@excite.comhttp://www.uscentrist.orghttp://marciaford.blogspot.com