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Is this the beginning of the end or end of the beginning?

watchingfromafar

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Is this the beginning of the end or end of the beginning?

The largest economic change is fast approaching our global civilization. This will mark the first global challenge we have ever faced, and it will be an uphill battle from the start to the end.

It could end with a massive nuclear exchange that will drive humanity back to near global extinction while we stick our heads in the sand waiting for the winds to slow.

The truth will set us free if and only is we can recognize the truth when we see it.


Below is what I have found. You can do the math

Globally, crude's reserves-to-production ratio has hovered between 40-55 years. The 1P estimate is an estimate of proven reserves, what is likely to be extracted from a well, 90% probability. Probable reserves are given 50% certainty (2P) and possible reserves a 10% certainty (3P).

Overall, global supply fell by 720,000 barrels per day in August, .2017

our forecast horizon we will be in a 104 mb/d market and the call on OPEC crude and stock change rises from 32.2 mb/d in 2016 to 35.8 mb/d in 2022. With the group forecast to add 1.95 mb/d to production capacity in this period, this implies that available spare production capacity will fall below 2 mb/d.

Oil is a resource… it will run out
For decades now, the topic of when our oil will run out has been the focus of analysts and industry experts. The concern is real. Oil is a resource and will eventually be depleted. Once we discover and process all sources, there’s nothing else. It’s only a question of time.

Oil still remains the largest source of primary energy worldwide. According to the U.S. Energy Information Administration, the global supply of oil, bio-fuel and liquid hydrocarbons are still enough to meet the global demand for liquid fuels for another 25 years. The oil is all sucked up and burned within 47 years.

Here’s the latest report on Oil Consumption and Demand.
1. The world oil consumption per day is 91.7 million barrels as of May 2014.
2. The U.S. is the largest oil consumer in the world, using up 18.83 million barrels a day.
3. China uses 10% of the world’s oil. It is expected to overtake the U.S. as the largest oil consumer.
4. The global oil demand is expected to increase by 1.3 million barrels a day by late 2014.

North Sea is running too dry to meet target

Wednesday July 4, 2007

The real casus belli: peak oil
Tuesday June 26, 2007

Science Panel Finds Fault With Estimates of Coal Supply

Published: June 21, 2007 Science Panel Finds Fault With Estimates of Coal Supply (Published 2007)
Chevron announces that they now have 11.8 years of oil left at current production levels after acquiring Unocal reserves
07/08/05

An Oil Enigma: Production Falls Even as Reserves Rise

Published: June 12, 2004

"The decline of oil and gas will affect the world population more than climate change"

In January 2001, the U.S.
Department of Energy estimated the world's supply of unexploited oil reserves the world supply of oil will be totally exhausted 35 years from now (June 2003).

World oil and gas 'running out'

Thursday, October 2, 2003 Posted: 1245 GMT ( 8:45 PM HKT)

The Oil Crunch
Published: May 7, 2004

The question, instead, is when the trend in oil prices will turn decisively upward. That upward turn is inevitable as a growing world economy confronts a resource in limited supply. But when will it happen? Maybe it already has.

Natural gas markets undergo turbulent transition as domestic production declines
Tuesday, December 16, 2003

"Texas' oil resource is pretty well picked over,"

Oman's Oil Yield Long in Decline, Shell Data Show
Published: April 8, 2004

Half of Texas’s oil wells have dried up in the past 40 years and there are very few new ones.

Tight Oil Supply Won't Ease Soon
Published: May 16, 2004
Two dollars for a gallon of gas? Get used to it. High fuel prices are here to stay, at least for the near future, because no relief is in sight for tight oil supplies.

The end of the Fossil Fuel era is upon us so what are we going to do next-?

-------
I think it is time for us to look around at other countries who see the end of oil around the corner----------------

China is the world's leading country in electricity production from renewable energy sources, with over double the generation of the second-ranking country, the United States.[citation needed] In 2013 the country had a total capacity of 378 GW of renewable power, mainly from hydroelectric and wind power. China's renewable energy sector is growing faster than its fossil fuels and nuclear power capacity.

Although China currently has the world's largest installed capacity of hydro, solar and wind power, its energy needs are so large that in 2013 renewables provided just a little over 20% of its power generation, with most of the remainder provided by traditional coal power facilities. Nevertheless, the share of renewable sources in the energy mix had been gradually rising from 2013.

China sees renewables as a source of energy security and not just only to reduce carbon emission. China’s Action Plan for the Prevention and Control of Air Pollution issued by China’s State Council in September 2013, illustrates the government's desire to increase the share of renewables in China’s energy mix.[3] Unlike oil, coal and gas, the supplies of which are finite and subject to geopolitical tensions, renewable energy systems can be built and used wherever there is sufficient water, wind, and sun.[4]

As Chinese renewable manufacturing has grown, the costs of renewable energy technologies have dropped dramatically. Innovation has helped, but the main driver of reduced costs has been market expansion.[4] In 2015 China became the world's largest producer of photovoltaic power, with 43 GW of total installed capacity.[5][6] From 2005 to 2014, production of solar cells in China has expanded 100-fold.[4]

At the mid-Atlantic ridge the seawater lava is a liquid at temperatures of 1,200 °C (1,292 to 2,192 °F). And yet it does not flash into steam because of the great pressure it is under.

If we drop a tube down to the superhot seawater and start sucking it up it will expand as the pressure becomes less until it turns into steam with no place to go but up. The steam can then be used to turn turbines creating all the electrical energy the human race will ever need.

China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars.

China's industry ministry is developing a timetable to end production and sale of traditional fuel cars and will promote development of electric technology, state media on Sunday cited a Cabinet official as saying.

France and Britain announced in July they will stop sales of gasoline and diesel automobiles by 2040 as part of efforts to reduce pollution and carbon emissions that contribute to global warming.
Communist leaders also want to curb China's growing appetite for imported oil and see electric cars as a promising industry in which their country can take an early lead.

China passed the United States last year as the biggest electric car market. Sales of electrics and gasoline-electric hybrids rose 50 percent over 2015 to 336,000 vehicles, or 40 percent of global demand. U.S. sales totaled 159,620.
https://tinyurl.com/ycsg6xb6
Our President needs to address taxpayer and tell them the truth. Americans need to be told the truth. For Americans to continue to flourish we need a comprehensive transition plan that converts our energy baser away from fossil fuels to renewables; A.S.A.P.

This could make a great talking point and discussion platform for future public debates to inform the public on what actions are being taken and what we can do to help guide us through this transition in a peaceful transition Or WWIII-?

Please speak your mind, any thoughts on this subject--?



:)-
 
OP
watchingfromafar

watchingfromafar

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Tuesday, May 10, 2022

Quitting’ Fossil Fuels?

Politicians and policy wonks often speak of “quitting” fossil fuels, as if they are a filthy habit or a narcotic like crack.

But the reality is humans could not survive without coal, natural gas, and
oil.

Despite their impressive growth, renewable energy sources—solar, wind, hydro and biomass combined account for just 20 percent of US utility-scale electricity generation.


Fossil fuels, on the other hand, provide 61 percent of utility-scale electricity generation in the country. They heat and cool our homes, run our appliances, and feed the Teslas we drive.

"I guarantee We Are Going To Get Rid of Fossil Fuels”... One guarantee for sure ...there will be outages!

World over, the conversation around energy transition from fossil fuel is fraught and supercharged with anxiety. For many, the major driver of the anxiety is the acceptance that the global depletion and eventual extinction of fossil fuels are inevitable, the aftermath of which is surrounded by seemingly daunting uncertainties.
FOSSIL FUEL EXTINCTION; DEMYSTIFYING THE ANXIETY

END FOSSIL FUELS NOW: Extinction Rebellion and Just Stop Oil block oil facilities across the UK
BREAKING: In the early hours of the morning, Extinction Rebellion UK and groups in the Just Stop Oil Coalition have blocked 10 major oil facilities across the UK. We will continue to block the sites until the UK Government agrees to end all new fossil fuel investments immediately

The author, a regular contributor to New York Times Magazine and Harper's speculates on the role of oil in dominating the world's economy for the last century and the coming scenario that will result when the well runs dry.
The End of Oil: On the Edge of a Perilous New World: Roberts, Paul: 9780618239771: Amazon.com: Books
:)-
 

1srelluc

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interdasting.jpg
 
OP
watchingfromafar

watchingfromafar

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There is a huge misunderstanding on what CO2 is.

Animals exhale CO2 to get ride of excess carbon.
Animals inhale O2 to use as fuel to run our bodies.

Plants exhale O2 and inhale CO2.
This is called the cycle of life.

Diesel engines inhale O2 and exhale CO,
Carbon monoxide (CO) is an odorless, colorless gas formed by the incomplete combustion of fuels. When people are exposed to CO gas, the CO molecules will displace the oxygen in their bodies and lead to poisoning.

CO2 is not a poison.

cycle of life.jpg
1656476479815.jpeg
 

Votto

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Tuesday, May 10, 2022

Quitting’ Fossil Fuels?

Politicians and policy wonks often speak of “quitting” fossil fuels, as if they are a filthy habit or a narcotic like crack.

But the reality is humans could not survive without coal, natural gas, and
oil.

Despite their impressive growth, renewable energy sources—solar, wind, hydro and biomass combined account for just 20 percent of US utility-scale electricity generation.


Fossil fuels, on the other hand, provide 61 percent of utility-scale electricity generation in the country. They heat and cool our homes, run our appliances, and feed the Teslas we drive.

"I guarantee We Are Going To Get Rid of Fossil Fuels”... One guarantee for sure ...there will be outages!

World over, the conversation around energy transition from fossil fuel is fraught and supercharged with anxiety. For many, the major driver of the anxiety is the acceptance that the global depletion and eventual extinction of fossil fuels are inevitable, the aftermath of which is surrounded by seemingly daunting uncertainties.
FOSSIL FUEL EXTINCTION; DEMYSTIFYING THE ANXIETY

END FOSSIL FUELS NOW: Extinction Rebellion and Just Stop Oil block oil facilities across the UK
BREAKING: In the early hours of the morning, Extinction Rebellion UK and groups in the Just Stop Oil Coalition have blocked 10 major oil facilities across the UK. We will continue to block the sites until the UK Government agrees to end all new fossil fuel investments immediately

The author, a regular contributor to New York Times Magazine and Harper's speculates on the role of oil in dominating the world's economy for the last century and the coming scenario that will result when the well runs dry.
The End of Oil: On the Edge of a Perilous New World: Roberts, Paul: 9780618239771: Amazon.com: Books
:)-
Nuclear power is really the only non-carbon source of energy that can meet the needs of humanity

But democrats tell us it is yucky, so we just need to be punished more and more and more for using fossil fuels so we will use less

Makes perfect sense to me, how about you?
 

Rambunctious

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