Peak oil and international crisis?

[Obamot]

Personal opinion:
Impossible to give any credit to this interview, since we know that the golf countries are doing everything (and have done everything) to increase the price of a barrel. Led by the United States of Bu $ h who had every interest in increasing oil so that American internal production became profitable again. (ie the Mc Cain episode with Sandra Palin ex-governor of Alaska, first oil state ...

It is a blackmail by which they hold, on both sides, the world (the consumers) hostage.

It doesn't mean that the "Peak oil" does not exist, but that everything that revolves around it is very secretly kept.

The proof: if we had really been in the "Peak oil", the world economic crisis would not have had any impact on the price of the barrel (if there was a shortage it had to continue to influence the prices, and in the circumstance become a kind of "safe haven").

The opposite has happened.

We can also measure this in terms of confidence in the American economy:
- Have you seen the price of the US $?

So for me peak oil is pipeau for now, and if Europe is preparing for it it is because it is in front of us ...

[the middle]

Another personal opinion:
I have seen that the rich Arab countries invest in various fields; for example the manufacture of ceramic tableware (huge factories built in two years) which have already eaten 1/2 of Italian production.)
Then I learned that they are building nuclear power plants in their own country! them big oil producers !.
Just do a little search on google, nuclear power plant style in Saudi Arabia.
It is the facts that must be looked at, not the words.
Well, a bit also said
Around 1938, the peaceful European countries were saying "ho, the Germans will not attack, we made a pact" yet all the revealing signs were there!
It’s the same for oil, there’s a lot left, but not enough to keep up with this crazy consumption, and people don’t want to see the truth ...
When there is a shortage of oil at the pump, the whole world economy is upset.
This is what our Arab engineer tells us!
In my house, there are 4 ways to heat yourself: wood, oil, fuel oil, electricity. If a big global "technical" crisis is happening, nothing will offer security in any area
Our world has become too fragile ...

[Obamot]

Yes but, who tells you that if the technology of solar power plants had been mature (of the type found in Seville and which will border the perimeter of the deserts of the Mediterranean in the near future) they would not have opted for it. They invested in a time when nuclear was the only alternative to produce energy in their area, except oil. It is therefore normal and intelligent that they have invested in the control of this energy to preserve their supply in the distant future. It is also an "ecological" choice. Maybe they didn't want to pollute their cities with power plants ... petroleum ...

Frankly Lejustemilieu, don't you think that daring to say [or even above] that "the rise in oil is partly at the origin of the collapse of the stock markets" is just a big gag. It's like those who said they saw the crisis coming (apart from me, nobody! - lol).

At the beginning of 2008 we kept hearing everywhere that 2007 had been the “best year of all time” (ditto in the Swiss economy ... and God knows if the Swiss are careful ...). In March-April 2008, American monetary reserves were only $ 60 billion. However in August of the same year, they had reached 1000 billion dollars And BANG!

... as if by chance the crisis exploded just before the presidential election in the zuessas And re-BANG! (The Americans did not fall into the trap of yet another phobia ... while the Republicans already saw themselves in the White House) ...

... not even taken office, President-elect Ob @ ma was already "briefed" by the CIA and the Pentagon on the "terrorist threat" (just to scare him with his life ...) Obviously that as a candidate - poor ignorant that he was - he did not suspect ... nothing! In Chicago they did not yet have TV that terrible 9/11 and the family of the future President came from the streets, then did not have the means to buy the newspaper ... lol - moreover he always has everything ignored links between the Bu $ h family and the Ben L @ den family. Really an ignoramus ...)

Let's stop taking interviews as primary truths and instead open our eyes to the economy as a whole, in fact what the "authorized circles" call "Geostrategic balance".

Many say that we are almost out of the crisis, that everything is almost fine (except unemployment and the H1N1 virus ... obviously). Well no. Despite everything the dollars, like the US economy, are in agony and it will go on for a while. On the other hand, that it benefits the rest of the world is quite possible. Because the crisis is also a crisis of confidence in the "system", whatever one says about it. And no one wants to fund "The American Dream" anymore ....

[dirk pitt]

Personal opinion:
Impossible to give any credit to this interview ....

a little too cookie cutter, for my taste, as opinion

[Obamot]

... hey, hey, if you want!

To tell the truth, if we resume your graphic, it is also a cookie cutter. Admitting a catamaran scenario of imminent peak oil, it would rather give that (according to the latest breakthroughs in solar thermal power plant control):



Difficult to summarize such a "BIG" subject in a few sentences but the heart is there ...

Note that it's very good to have brought such an interview to our attention, but admit that it's just not very credible, rather see:

A lot of information on these projects is in the public domain

lol. (A lot => not all ...)

so there are no mysteries

no none ... lol

The bottom line is that there are not enough projects

oh well so much the better, so the prices remain artificially high ...

Even with these modest decline rates, we will in fact be witnessing production shortfalls in the next two or three years.

How is your name already? Miss Irma?

We are currently lulled by excess capacity which has more to do with weak demand than with production.

come on, so it was wrong what you said before? You lied to us!

So we have a short-term problem.

uh! It is true? Which?

In the longer term it is even worse because the time necessary to discover, develop and put into production an oil exploitation is 10 years.

Here we are! It is therefore skillfully and VOLUNTARILY calculated ... I was also saying ...

It is both a short-term and a long-term problem.

Here, here ... I thought THE problem was PEAK! Well no, I was wrong. It is a problem to core projects to rarefy the product and raise prices ... is not it?

Okay, stop there. For me it's a shame to see things from this angle.

What does your other graph mean if it is not put in parallel with the reserves ... Or officially nobody knows them exactly (except those who hold the figures in a safe ... guarded by the Taliban? It is for to laugh...).

As Christophe says:

variations in crude oil consumption linked to the crisis = peanuts!

Posting an interview like this is like asking the truth about September 11 in an interview with GWB.

I recommend the shows "Geopolis" (TSR) And "The underside of the cards" from France 5. At least it's quite "neutral".

[Christophe]

Bonjour à tous

To respond to Exxon's report on the future of energy (last email), in particular the future of oil production, here is what Olivier Rech, who worked on the development of the scenarios, thinks from the International Energy Agency (IEA) from 2006 to 2009. He left the IEA and now advises investment funds. According to him, world production has already reached a plateau at 82 million barrels per day (Mb / d), since 2005, and will begin to decrease after 2015. Production will never reach the 95 Mb / d and more expected by l 'OUCH. See

http://petrole.blog.lemonde.fr/2011/12/ ... -lenergie/

Shell Chairman Peter Voser also shook Wall Street's walls when he told the Financial Times last September (21 September 2011):

"Existing field production declines by 5% a year as reserves are depleted, so the world would need to add the equivalent of four Saudi Arabia (sic) or ten North Seas in the ten next few years just to maintain supply at its current level, even before any increase in demand. "

See: http://petrole.blog.lemonde.fr/2011/09/ ... ci-a-2020/

So, one wonders what it really is. Do the oil companies have the advantage of dangling disaster scenarios? We could say yes a priori, to raise prices. But in doing so they are pushing governments and auto companies to push alternative technologies faster (electrification of transport), which goes against their interests, and explain that Exxon wants to calm the game with "ultra optimistic" forecasts. ".

One thing is certain, the faster you get rid of oil and the better.

Sincerely

Pierre Langlois, Ph.D.