After yesterday’s interview with Chris Martenson I have been unable to get the concept of Peak Oil out of my head. What I am reconnecting with mentally right now is how many people don’t have any idea what peak oil is all about.
Peak oil isn’t the end of oil it is only the point at which production reaches a peak and can’t continue to grow concurrently with demand.
Additionally most people are not aware of what oil really means to our economy beyond the obvious. How oil effects coal extraction, wind power, making plastic, making medicine, transporting our food, etc. Today’s show is more of just me chatting with our than a more conventionally hard outlined show.
I will give you some numbers and statistics but mostly I want to talk more about what peak oil really means even with out a cataclysmic no oil left doomsday type event. Imagine just a 5% shortfall in oil demand, the effect on cost, service reduction, economic impact, etc.
You will also hear a short piece from a show I did originally on Sept. 5th 2008 and what has happened since that point with the Cantarell oil field in Mexico.
Resources for today’s Show…
- Members Support Brigade
- TSP Gear Shop
- Join Our Forum
- Ready Made Resources – (sponsor of the day)
- Western Botanicals – (sponsor of the day)
- The Cantarell Oil Field and its Decline on Wikipedia
- Energy Use in the United States
- Chris Martenson Presentation on Peak Oil – Please Watch This!
- German Report Warns of Peak Oil Energy Crisis
- The Effects of Limited Oil on the Global Economy
- Ron Hood’s Survival.com Magazine
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