When The Oil Runs Out...

[Naam]

compressing air of course does not need any energy.

Stop the presses!!!!!!!!!!!!!

Naam has apparently figured out how to create energy without expending any.

nobel prize next year for sure!

[Naam]

I can't belive people still believe the oil is running out. The head of BP has said oil is reproducing faster than it is being used, and that the problems are above ground with politics not below the ground.

the reason is that the oil wells are being fed with a powerful combination of Viagra and Cialis. this enhances "reproduction"

[Naam]

.. as for Dubai, the oil prince has made a similar statement saying he can supply so many million barrels a day, and the issues are purely wester politics.

i too read this article in the "Pravda". the "oil prince" of Dubai spelled it out clearly it when visiting Stalin in MOCKBA last year. the Pravda also mentioned that Stalin was very pleased as the oil resources of the CCCP are virtually non existent

[Naam]

question to myself: "why wasting time reading rubbish and adding my own rubbish?"

[haybilly]

I'm referring to 20-30 years in the future...

In the Stone Age you couldn't book a flight online and fly to Thailand...

I'm 23 now and almost married to a Thai girl (5 days) 20/30 years isn't that long away really, I'll be in my 40s or 50s and that'll probably be around the time I actually live there permamently... I'm planning establishing everything working in the UK and retire there at about 40ish.

I would be more worried about the usual stuff that bothers farang married to Thais and purchasing land in their partners name--especially so if you and she are only in your early twenties--a lot can happen.

I know it's possible to buy in company name etc..---but have you??

[PoorSucker]

Why not use gasoline or diesel instead.

[Maizefarmer]

Anyone take into consideration, when buying land or houses in Thailand what'll happen in the not to near distant future?

The prices of airline tickets are going to rocket and they'll take less passengers for fuel efficiency etc...

I was just thinking as it aint gonna be that long away and I'm buying a a piece of land and a house etc in Southern Thailand and know that in even in 30 years I wont be that old... Kinda worrying....

Any thoughts?

Maybe I'm just talking complete shit, just thought it might be interesting to hear some points of view..

............when the oil runs out??? - it ain't going to be in your or my lifetime, that is for sure - the high prices currently are not a reflection of shortage, rather speculation and to some extent cost of extraction. But be under no illusion, there is still billions and billions of untapped barrells down there and a lot that has not being located but is known to be down there.

[Heng]

Sweet.

[micksterbs]

Anyone take into consideration, when buying land or houses in Thailand what'll happen in the not to near distant future?

The prices of airline tickets are going to rocket and they'll take less passengers for fuel efficiency etc...

I was just thinking as it aint gonna be that long away and I'm buying a a piece of land and a house etc in Southern Thailand and know that in even in 30 years I wont be that old... Kinda worrying....

Any thoughts?

Maybe I'm just talking complete shit, just thought it might be interesting to hear some points of view..

............when the oil runs out??? - it ain't going to be in your or my lifetime, that is for sure - the high prices currently are not a reflection of shortage, rather speculation and to some extent cost of extraction. But be under no illusion, there is still billions and billions of untapped barrells down there and a lot that has not being located but is known to be down there.

Yes, there are still billions of barrels down there and they were passed-over years ago as being too dear to extract. When the current, "easy" oil starts to get low, the oil companies will have to back to the "difficult" oil and, boy, you look at the pump price then.

In the meantime, devoting more and more agricultural land to growing palm oil when the world's population is growing and needs more food, not less, and said land is diminishing anyway due to urbanisation, just seems like madness.

[Naam]

Why not use gasoline or diesel instead.

an excellent idea! i would send the "oil princes" back to their tents in the desert

[gregb]

Anyone take into consideration, when buying land or houses in Thailand what'll happen in the not to near distant future?

The prices of airline tickets are going to rocket and they'll take less passengers for fuel efficiency etc...

I was just thinking as it aint gonna be that long away and I'm buying a a piece of land and a house etc in Southern Thailand and know that in even in 30 years I wont be that old... Kinda worrying....

Any thoughts?

Maybe I'm just talking complete shit, just thought it might be interesting to hear some points of view..

You worry too much. There will be little to no travel internationally anyway due to the resource wars, and locally here in Thailand you'll be much too worried about the Chinese Army stationed down the block to worry about piddly little things like oil.

What you need to be worried about is whether or not your farang face will be made a scapegoat by all the Thais looking for an answer to the crippled global economy.

Kinda worrying you say? Collapse usually is.

Honest advice? Go whereever you have a good relationship with friends and family and hope for the best. There is nothing you can do about it anyway.

[Johpa]

I can't belive people still believe the oil is running out. The head of BP has said oil is reproducing faster than it is being used, and that the problems are above ground with politics not below the ground. And as for Dubai, the oil prince has made a similar statement saying he can supply so many million barrels a day, and the issues are purely wester politics. There are so many scientist quoting the same thing, yes most choose to believe government back scientist and the most currupt people on the planet, the government.

Please feel free to provide any citation or mention of oil being 'reproduced'. I would be happy to see a citation from a reputable scientific source that notes that oil is still being formed today. Because as I understand it, the current theory is that oil is formed from unique combinations of geologic events that do not occur on a continuous basis but that only occurred during fairly unique geologic periods. If the oil is not running out then why are these same oil companies making such efforts to obtain new sources from more distant sources (deep ocean drills) or from such lower quality sources such as tar sands?

That is not to say that governments are not corrupt, but governments have become proxies for corporations and the corporate sector is the dark side of the force. So now you are believing corporate banter and you are believing scientists sponsored by the corporations such as Exxon/Mobile. Here in the US it is the independent scientists who are being muzzled.

In my continuing saga to get you flickering minds to read more books, may I suggest reading Peter Tertzakian's A Thousand Barrels a Second: The Coming Oil Break Point and the Challenges Facing an Energy Dependent World, an excellent read on this issue.

[think_too_mut]

20-30 years ago oil was going to run out in 20-30 years. After all, even in 1978 there weren't any dinosaurs dying anymore. 20-30 years from now, it will still be the same story.

Is it really the "same story"? See in red :

The Economist:

The 1970s showed how demand and supply, inelastic in the short run, eventually give rise to conservation and new production. When all those new fields are on-stream, when the SUVs have been sold and the boilers replaced, the downcycle will take hold. By then the slow-motion oil shock could have catalysed momentous change. Right now motorists have no substitute for oil. But it is no coincidence that car companies are suddenly accelerating their plans to sell electric hybrids that are far cheaper to run than petrol or diesel cars at these prices. The first two oil shocks banished oil from power generation. How fitting if the third finished the job and began to free transport from oil's century-long monopoly.

Full Article

Edited August 4, 2008 by think_too_mut

[Moonrakers]

Besides next few decades you will see mind blowing technological advances in the areas of transport.

We are not too far away now:

The Tesla Roadster’s specs illustrate what it does (0 to 60 mph in under 4 seconds) — as well as what it doesn’t (zero emissions, zero motor oil). With one moving part in the motor, no clutch pedal, and two gears, it’s not only a joy to drive, but to own as well. There is no motor oil to change; no filters, belts, or spark plugs to replace; no oxygen sensors to mistrust before an emissions test.

http://www.teslamotors.com/

A tad pricey at $109,000, although that price will come down soon enough. Sexy looking thing as well.

[think_too_mut]

Besides next few decades you will see mind blowing technological advances in the areas of transport.

We are not too far away now:

The Tesla Roadster’s specs illustrate what it does (0 to 60 mph in under 4 seconds) — as well as what it doesn’t (zero emissions, zero motor oil). With one moving part in the motor, no clutch pedal, and two gears, it’s not only a joy to drive, but to own as well. There is no motor oil to change; no filters, belts, or spark plugs to replace; no oxygen sensors to mistrust before an emissions test.

http://www.teslamotors.com/

A tad pricey at $109,000, although that price will come down soon enough. Sexy looking thing as well.

And, look, no exhaust pipe!