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Home > Archive > Electrical Engineering > September 2007 > From Peak Oil To Dark Age?
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From Peak Oil To Dark Age?
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| Dan Bloomquist 2007-06-18, 3:25 am |
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Scientist crunch numbers... So, what is up?
http://www.businessweek.com/magazin...opStories_ssi_5
***
With global oil production virtually stalled in recent years...
Peak oil refers to the point at which world oil production plateaus
before beginning to decline as depletion of the world's remaining
reserves offsets ever-increased drilling...
(And demand)
Alternatives are still a decade away from meeting incremental demand for
oil. With nothing to fill the gap, global economic growth would slow,
stop, and then reverse...
you'd think peak oil would be a national obsession...
(I'd say, worldwide)
***
For the few that understand world economies and the implications, more
power to you.......
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| Bob Cain 2007-06-18, 3:25 am |
| Dan Bloomquist wrote:
> you'd think peak oil would be a national obsession...
> (I'd say, worldwide)
Hi, Dan. What do you suppose the Iraq invasion is really about? The
military now has a reserve for the taking that is frozen into the
future by the anarchy and chaos that's been so carefully orchestrated
there. There are just enough "coalition" men and women dying there to
keep the mix stirred up, the factional passions high and the oil
unavailable.
I also think that is why Hillary has been so damn careful about her
support of it and her steering around any commitment one way or
another for the future. She knows. It isn't about oil for profit,
it's about oil for defense (and probably offense.)
Blair's perplexing and sacrificial support also begins to make sense.
Cheney began talking about the peak oil problem as a congressman and
look at the course he has charted since then.
We are now seeing an increasing number of Wahhabis as an invitational
insurgent force. All is going according to plan (locked in, I
believe, by the invitational Saudi sponsored events of 9/11.)
Bob
--
"Things should be described as simply as possible, but no simpler."
A. Einstein
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| Dan Bloomquist 2007-06-18, 1:25 pm |
| Bob Cain wrote:
> Dan Bloomquist wrote:
>
>
>
>
> Hi, Dan. What do you suppose the Iraq invasion is really about? The
> military now has a reserve for the taking that is frozen into the
> future by the anarchy and chaos that's been so carefully orchestrated
> there. There are just enough "coalition" men and women dying there to
> keep the mix stirred up, the factional passions high and the oil
> unavailable.
Soon after the war started Frontline examined the preparation for this
war. There were a coalition of Iraqis and many others that were begging
the administration not to go in with so few troops. All you saw in the
major media was Rumsfeld saying that 'war is messy', concerning the
chaos that ensued.
> I also think that is why Hillary has been so damn careful about her
> support of it and her steering around any commitment one way or
> another for the future. She knows. It isn't about oil for profit,
> it's about oil for defense (and probably offense.)
http://www.truthout.org/docs_2006/061507F.shtml
> Blair's perplexing and sacrificial support also begins to make sense.
This will come down to the West vs. the East. Winner takes all and the
ME is just a bit player.
> Cheney began talking about the peak oil problem as a congressman and
> look at the course he has charted since then.
It is interesting.
> We are now seeing an increasing number of Wahhabis as an invitational
> insurgent force. All is going according to plan (locked in, I
> believe, by the invitational Saudi sponsored events of 9/11.)
This stuff clearly goes back the the overthrow of the Prime Minister
Mossadeq. But it may be more of a securing the region 'for' the West
than 'from' the ME.
> Bob
Best, Dan.
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| gfretwell@aol.com 2007-06-18, 1:25 pm |
| On Mon, 18 Jun 2007 01:16:25 -0700, Bob Cain
<arcane@arcanemethods.com> wrote:
>Hi, Dan. What do you suppose the Iraq invasion is really about?
Iraq is all about Israel. Just look at which congresspeople still
support the war.
If it was really about oil we would have just left Saddam there and
bought cheap oil from him.
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| Dan Bloomquist 2007-06-18, 1:25 pm |
| gfretwell@aol.com wrote:
> On Mon, 18 Jun 2007 01:16:25 -0700, Bob Cain
> <arcane@arcanemethods.com> wrote:
>
>
>
>
> Iraq is all about Israel.
No, it is not. Israel is part of the mix that made this modern Middle
East. The West did not want to see another century of the Ottoman Empire.
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| Bret Cahill 2007-06-19, 9:25 am |
| > you'd think peak oil would be a national obsession...
They'll plan decades ahead with 401 Ks but not for something that can
make financing itself moot.
They seem to be sleepwalking paying more and more money for gas
apparently under the assumption that the "high" prices today are only
temporary or that there will be enough technological, political and
cultural breakthroughs to save the day.
Watching the graceless exit of the 20th Cent. oligarchy in the U. S.
is hardly encouraging because, if they cannot adapt to losing money,
power and prestige, will the average person be much nicer losing
transportation, food and housing?
Bret Cahill
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| Williamknowsbest 2007-06-21, 1:25 pm |
| On Jun 18, 1:51 am, Dan Bloomquist <publi...@lakeweb.com> wrote:
> Scientist crunch numbers... So, what is up?
>
> http://www.businessweek.com/magazin...74.htm?chan=...
>
> ***
> With global oil production virtually stalled in recent years...
>
> Peak oil refers to the point at which world oil production plateaus
> before beginning to decline as depletion of the world's remaining
> reserves offsets ever-increased drilling...
> (And demand)
>
> Alternatives are still a decade away from meeting incremental demand for
> oil. With nothing to fill the gap, global economic growth would slow,
> stop, and then reverse...
>
> you'd think peak oil would be a national obsession...
> (I'd say, worldwide)
> ***
>
> For the few that understand world economies and the implications, more
> power to you.......
By effecting regime changes, or merely changed relations with rogue
regimes like Libya's Kadaffi, we can augment production from these
regions for a period of 6 to 8 years. Enhanced oil recovery and
increased spending on enhanced production technologies, combined with
capturing and liquefying flare gases, can help fill the gap as well.
One technology I'm developing is hydrogen flooding. Here hydrogen is
injected into old oil and gas wells and because of the nature of
hydrogen - stationary oil and gas is released - increasing outputs of
many old oil wells tremendously. This is a good way to use expensive
solar hydrogen, or even use flare gas to improve production of older
wells in producing fields. The wells seasoned with hydrogen, once
they're really done producing can be used to store hydrogen
efficiently in the coming hydrogen economy. In the Arabian penensula
this storage capacity combined with its vast solar influx could make
it a permanent contributor to a global hydrogen economy.
So, the game plan for Arabian oil would be;
(1) use of flare gas as LNG export
(2) use of flare gas to make hydrogen for reinjection in old wells
(3) improved production from old wells
(4) augmenting flare hydrogen with solar hydrogen
(5) use empty well as hydrogen storage site
(6) solar hydrogen supply
with later steps 50 or more years away since our experience with
clinton sand wells in cleveland is a 3x increase of historic
production. So, say doubling the Saudi proved reserves using flare
gas converted to hyrogen through shift reaction would be a cheap way
to extend existing reserves in the largest fields
..
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| Gordon 2007-06-28, 1:25 pm |
| On Tue, 19 Jun 2007 06:30:52 -0700, Bret Cahill
<BretCahill@aol.com> wrote:
>
>They'll plan decades ahead with 401 Ks but not for something that can
>make financing itself moot.
>
>They seem to be sleepwalking paying more and more money for gas
>apparently under the assumption that the "high" prices today are only
>temporary or that there will be enough technological, political and
>cultural breakthroughs to save the day.
>
>Watching the graceless exit of the 20th Cent. oligarchy in the U. S.
>is hardly encouraging because, if they cannot adapt to losing money,
>power and prestige, will the average person be much nicer losing
>transportation, food and housing?
>
>
>Bret Cahill
>
Is gasoline really higher priced today than it was 50 years ago?
How many gallons can a person buy with one hour's minimum wage
money, today, compared to the mid 50s?
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| gfretwell@aol.com 2007-06-28, 1:25 pm |
| On Thu, 28 Jun 2007 14:37:24 GMT, Gordon <gordonlr@DELETEswbell.net>
wrote:
>Is gasoline really higher priced today than it was 50 years ago?
>How many gallons can a person buy with one hour's minimum wage
>money, today, compared to the mid 50s?
Gas is certainly a bargain compared to the price of the car you burn
it in.
In 1969 I paid $4400 for a new Corvette and the high test gas I put in
it was 35.9 a gallon.
Now a new Corvette is more like $60,000 (13.6 times) and the high test
gas is only $3.109 now (8.6 times).
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Gordon wrote:
> Is gasoline really higher priced today than it was 50 years ago?
> How many gallons can a person buy with one hour's minimum wage
> money, today, compared to the mid 50s?
Not really. Gasoline in 50s = 25 cents per gal. New big car = couple
of grand.
Today gasoline approx $2.50-$3.00 per gal. New big car maybe $20-$30
grand.
But of course the catch is everyone's money has been stolen and you
didn't even notice it!
Add to the mix that U.S. Dollars are backed with OIL! So if our
arrangement with the Saudis goes, our whole economy goes! This is
EXACTLY what Saddam was trying to do by selling his oil for Euros.
Iran is STILL trying to set up an Oil bourse based on Euros. The
purpose is to bring down the economy of "Satan America". So Dems can
yap all they want about WMDs in Iraq and Nukes in Iran and how the war
was a fraud, but the truth is that those excuses were and are simply
political bullshit. The REAL fact is these guys declared direct and
open economic war on the U.S. and simply HAD to be made to stop or to
go.
The bottom line is that politicians can stir the pot for "bringing the
boys home now" all they want for their own political purposes, but if
we do that, the American people, are not going to be very happy when
they find themselves (as someone noted above) without transportation,
food and housing...or worse!
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| Bill Shymanski 2007-06-28, 8:25 pm |
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"Gordon" <gordonlr@DELETEswbell.net> wrote in message
news:frh78351p4eib76dsd0lr8776hcl5b74d6@4ax.com...
> On Tue, 19 Jun 2007 06:30:52 -0700, Bret Cahill
> <BretCahill@aol.com> wrote:
>
[color=darkred]
> Is gasoline really higher priced today than it was 50 years ago?
> How many gallons can a person buy with one hour's minimum wage
> money, today, compared to the mid 50s?
When I was a gas monkey back in 1978, I could buy about 12 litres of gas
with one hour of wages (neglecting taxes). Drivng past my old gas bar I
see they are hiring again but at the posted wage I could only buy about
8 litres of gas with an hour's pay (again, neglecting taxes). Looks
like a 50% rise compared to minimum wage in ..gulp...29 years. All in
Winnipeg, Manitoba, Canada of course...your milage *will* vary.
Bill
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| Dan Bloomquist 2007-07-19, 1:25 pm |
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Italease blow-up stokes derivatives fears
http://www.telegraph.co.uk/money/ma...bcnitaly103.xml
"The bank has paid off 610 million euros (£419m) in recent days to
counter-parties in what amounts to a massive margin call after interest
rate rises in Europe caused hedging and derivative losses by clients to
mushroom out of control."
"While the debacle poses no systemic risk to the Italian banking system,
it sheds light on the murky world of credit derivatives -- viewed by
regulators as the most risky and untested of the $410 trillion
derivatives market (seven times global GDP)."
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| Bob Cain 2007-07-20, 9:25 am |
| Dan Bloomquist wrote:
>
> Italease blow-up stokes derivatives fears
> http://www.telegraph.co.uk/money/ma...bcnitaly103.xml
>
>
>
> "The bank has paid off 610 million euros (£419m) in recent days to
> counter-parties in what amounts to a massive margin call after interest
> rate rises in Europe caused hedging and derivative losses by clients to
> mushroom out of control."
>
> "While the debacle poses no systemic risk to the Italian banking system,
> it sheds light on the murky world of credit derivatives -- viewed by
> regulators as the most risky and untested of the $410 trillion
> derivatives market (seven times global GDP)."
>
"These derivatives were very complex and suddenly turned against us," said
Pierantonio Arrighi, the bank's spokesman.
"They started moving in a non-linear way, so the losses were rising
exponentially. We were afraid that in the worst case some of our clients would
not be able to pay the contracts, so we stepped in to protect them, which means
we took over the risk," he said.
D'oh. He expected a run on highly leveraged financial products to be linear?
Wonder how many others expect that. The 30's can't happen again, can they? I
thought the lesson had been learned. Not.
Bob
--
"Things should be described as simply as possible, but no simpler."
A. Einstein
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| Dan Bloomquist 2007-08-15, 3:25 am |
|
Dan Bloomquist wrote:
>
> Scientist crunch numbers... So, what is up?
This lead from peak oil to economic impact.
To the economics of our present paradigm.
But the current paradigm is still in place on usenet, denial.
Does no one care to learn anymore?????????
So revealing.
Best, and good luck, Dan.
( denial is the same as belief in luck........ )
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| mov edags 2007-08-15, 3:25 am |
| On Wed, 15 Aug 2007 06:27:59 GMT, Dan Bloomquist
<public21@lakeweb.com> wrote in
<P1xwi.13937$ya1.13642@news02.roc.ny> :
Q>
Q>
Q>Dan Bloomquist wrote:
Q>>
Q>> Scientist crunch numbers... So, what is up?
Q>
Q>This lead from peak oil to economic impact.
Q>
Q>To the economics of our present paradigm.
Q>
Q>But the current paradigm is still in place on usenet, denial.
Q>
Q>Does no one care to learn anymore?????????
Do you really require an answer to that question? Just how long
have you been on misc.survivalism anyway? :-)
Q>
Q>So revealing.
Q>
Q>Best, and good luck, Dan.
Q>
Q>( denial is the same as belief in luck........ )
IMHO, even more unrealistic. Denial is not a river in Egypt.
Does "luck" exist? In a casual sense, in the sense
of a random occurrence.
Most humans are pretty illogical, though! How many times have
you heard others say something along the lines of "the phone
always rings when I'm in the shower or bathtub."
It is admittedly annoying, so much so that they tend to
remember the instances where it happens, but forget
the times when it didn't. :-)
On misc.survivalism, I "predicted" earlier today that the
Australian stock market would follow the lead of the
DOW and shed about 200 points.
Didn't quite manage this, but is now 4:46 on Wednesday
15 August here and the market closed at 4 PM. Results are now
all in with the built in delay, and can be viewed with numbers
and a graphs on:
http://www.asx.com.au/
Click on displayed graph to get a larger graph.
Predictably, the A$ is down against the US$, and can check this
on:
http://www.xe.com/ucc/convert.cgi
Also a good source for current price of gold, etc.
Does any reader want to make any predictions on the DJA
close tomorrow?
It closes around 5 AM Thursday Australian time. It is
currently 4:57 PM Wednesday here.
My bet is that it will be down around 150 points, although
lost more than this last night.
Stock market averages are not all that difficult to predict, as
they tend to follow one another as markets trade around the
world.
Naturally, there is a bit of a panic on at the moment, as
no one knows if or when central banks will intervene to
aid private banks.
More of a problem in the USA than here, as each of the 50 states
tends to have its own privately owned banks, sometimes just one
or two.
In Australia, tend to have privately owned "national banks"
covering the whole country, and most are more "conservative" than
US banks about lending to high risk customers.
It is, of course, impossible to predict what will actually happen
on the markets. Humans are notoriously unpredictable.
However, readers who look at Australian stock graphs may notice
a drop around lunchtime each day as investors check their current
market investment and are often shocked to find how the market
has fallen.
In the same way, there seems to be a pronounced dip at Friday
close, as nervous investors don't want to be exposed over the
weekend where there is no normal trading. After all, negative
news might be announced on the weekend.
Given the sub-prime exposure of many banks, especially in the
USA, am not really surprised to see a "market correction".
Incidentally, like your post. Brief and to the point, and you
seem to have a good appreciation of the psychological process
of "denial".
As Bob Dylan once sang "The Times Are A'Changing". He was right,
of course, just a few decades too early. Even he couldn't have
predicted the uncertainty of the current world.
However, I have probably rambled on long enough, so will close.
Cheers,
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| ExterminateAllRepubliKKKans 2007-08-17, 8:25 pm |
|
"Dan Bloomquist" <public21@lakeweb.com> wrote
> But the current paradigm is still in place on usenet, denial.
>
> Does no one care to learn anymore?????????
No need to learn. Faith in Gawd is all you need.
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| Dan Bloomquist 2007-08-18, 3:25 am |
|
ExterminateAllRepubliKKKans wrote:
> "Dan Bloomquist" <public21@lakeweb.com> wrote
>
>
>
> No need to learn.
Fuck off. You are one of the stupidest monkeys on usenet....
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| ExterminateAllRepubliKKKans 2007-08-18, 8:25 pm |
|
"Dan Bloomquist" <public21@lakeweb.com> wrote
> Fuck off. You are one of the stupidest monkeys on usenet....
Oh look. The AmeriKKKan monkey Dan is throwing it's dung again.
Usually it just squishes it between it's fingers and eats a few bits.
As I said, AmeriKKKan monkeys like DAN here have no need to learn. It's
against their Political Religion and it wouild be evolutionary for them.
And as we all know, Evolution is Satanism.
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| Dan Bloomquist 2007-08-19, 3:25 am |
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ExterminateAllRepubliKKKans wrote:
> "Dan Bloomquist" <public21@lakeweb.com> wrote
>
>
>
> Oh look.
"Vendicar Decarian" is an idiot. For any not familiar, just google groups...
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| ExterminateAllRepubliKKKans 2007-08-19, 9:25 pm |
|
"Dan Bloomquist" <public21@lakeweb.com> wrote
> "Vendicar Decarian" is an idiot. For any not familiar, just google
> groups...
Vendicar Decaria is an AmeriKKKan expatriot with an IQ of 160 who left
AmeriKKKa to continue his research on Neutrino Oscillations in Canada once
he saw that the Fascist AmeriKKKan state had no future.
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| Dan Bloomquist 2007-08-20, 3:27 am |
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ExterminateAllRepubliKKKans wrote:
> "Dan Bloomquist" <public21@lakeweb.com> wrote
>
>
>
> Vendicar Decaria is an AmeriKKKan expatriot...
If not from the planet, says you are an idiot.
> with an IQ of 160...
Don't break your arm. Mine is 170+. Now, my arm is broken! 
> who left
> AmeriKKKa to continue his research on Neutrino Oscillations...
From a guy who doesn't have a clue about the observations the rest of
use monkeys make. You must be young and full of yourself...
> in Canada once
> he saw that the Fascist AmeriKKKan state had no future.
Canada has some energy, more per capita than most of the 'west'. You
don't get this, it is obvious. So monkey.......
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| Dan Bloomquist 2007-09-07, 1:25 pm |
|
Dan Bloomquist wrote:
> For the few that understand world economies and the implications, more
> power to you.......
Granted, this is a pro gold article, but it may give you a feel for what
is going on out there....
http://www.kitco.com/ind/Laird/sep062007.html
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