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Come and discuss 'peak oil theory' and its ramifications

4 replies

Twiglett · 10/09/2007 16:14

and what can be done about it

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domesticgrumpess · 10/09/2007 17:07

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Twiglett · 10/09/2007 17:12

I heard about some communities getting together under a banner of

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ladymuck · 10/09/2007 17:32

OK, my tuppence worth on it.

The majority of oil is used in transportation, and much of the transportation is due to the difference in labour costs in different markets. We don't buy most of our goods from the Far East because they have unique technology or even materials, we buy things because they can be manufactured more cheaply due to labour costs.

The principal increase in demand comes as those economies grow. As they grow labour costs will increase reducing the differential. More comparable labour costs will enable the west to compete again, thereby reducing transportation costs.

Industry and residential energy needs can in part be met by Natural Gas (huge reserves at present).

For me the biggest question is this: most of the countries which have the huge reserves of gas, and much of the remaining oil reserves are politically unstable, or at least lack a democratic government. Cause or effect?

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ruty · 11/09/2007 18:04

i'd like a pony and trap. they've got to produce a lot of methane those those horse farts.

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