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Originally Posted by ArtyQueing  Thewse peak oilers are just nuts - how many years experience of the oil industry has Hobbs? the oil companies have no fear - we are not even close to peak oil, so just relax and rev those engines - we have tons of the stuff - no panic here - move along folks |
AQ- Are you not feeling any of the effects of the "global financial crisis" then? We are in this sh.it, as the old "business as usual" model was fueled by cheap oil. Its not that there is not plenty of oil there, there is, the critical thing, is that it is low grade, hard to take out of the ground, AND, the demand is rising very quickly, while old abundant levels are simply not there.
related infos etc at;
From OIL AGE financial crisis, to sustainable communities + COP 15
This is the reality; now you can deal with it now (transition approach) or get shafted when eventually you are hit (which many feel is already now)
Hubberts secret: We are running out of oil! 
Oil age in terms of Irish Stout. 1900, 2000, 2100 – Colin Cambell 
We`re consuming 5 times more oil than we`re discovering
And even if we (transitioners) are wrong, the movement is building far more quality things in life; reconnecting community, learning skills, improving local economies, eating better food, connecting far deeper with nature, having nice parties, generally facing big problems with joy, laughter and humour...