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Author Topic: The beginning of the end for the Western way of life?  (Read 389 times)
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Parky
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« on: October 23, 2007, 11:02:13 AM »


World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.
The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.


"The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy," said Hans-Josef Fell, EWG's founder and the German MP behind the country's successful support system for renewable energy.
The report's author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.



https://www.guardian.co.uk/oil/story/0,,2196435,00.html
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ChezGiven
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« Reply #1 on: October 23, 2007, 11:06:02 AM »

So Middle Eastern and Far Eastern prosperity is not based on oil or rich energy supplies?

One word to answer the question. Nuclear.
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« Reply #2 on: October 23, 2007, 11:07:03 AM »

What is the "Western way of life"?
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Parky
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« Reply #3 on: October 23, 2007, 11:08:50 AM »

What is the "Western way of life"?

Whatever it is it'll soon be over.
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Parky
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« Reply #4 on: October 23, 2007, 11:10:10 AM »

So Middle Eastern and Far Eastern prosperity is not based on oil or rich energy supplies?

One word to answer the question. Nuclear.


It's simple Chex when oil becomes ultra expensive we won't be the ones profiting. Silly boy.
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ChezGiven
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« Reply #5 on: October 23, 2007, 11:10:48 AM »

Parky man, its a threat to the world economy not the western way of life.
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TPIB
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« Reply #6 on: October 23, 2007, 11:11:34 AM »


World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.
The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.


"The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy," said Hans-Josef Fell, EWG's founder and the German MP behind the country's successful support system for renewable energy.
The report's author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.



https://www.guardian.co.uk/oil/story/0,,2196435,00.html

Was it a report or a list ?? Wink

Seriously though, it has to happen sometime.

Since time immemorial all great civilisations have crashed and burned for some reason, don't expect the current one to be any different (long term).

Although maybe technology will bail us out.
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ChezGiven
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« Reply #7 on: October 23, 2007, 11:12:38 AM »

So Middle Eastern and Far Eastern prosperity is not based on oil or rich energy supplies?

One word to answer the question. Nuclear.


It's simple Chex when oil becomes ultra expensive we won't be the ones profiting. Silly boy.

When Oil becomes in such short supply, its price rises above the cost of other energy supplies and people buy those instead. Dont you silly boy me either, you've been getting away with too much lip recently
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Parky
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« Reply #8 on: October 23, 2007, 11:18:31 AM »

So Middle Eastern and Far Eastern prosperity is not based on oil or rich energy supplies?

One word to answer the question. Nuclear.


It's simple Chex when oil becomes ultra expensive we won't be the ones profiting. Silly boy.

When Oil becomes in such short supply, its price rises above the cost of other energy supplies and people buy those instead. Dont you silly boy me either, you've been getting away with too much lip recently


Whatever voodoo economic bows you want to tie round it....the game is up.
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Parky
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« Reply #9 on: October 23, 2007, 11:21:10 AM »

Parky man, its a threat to the world economy not the western way of life.

Yes but we'll suffer the most especially with out delusionary (soft as s***) don't give a f*** about anything or anyone else way of life.
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ChezGiven
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« Reply #10 on: October 23, 2007, 11:22:39 AM »

Parky man, its a threat to the world economy not the western way of life.

Yes but we'll suffer the most especially with out delusionary (soft as s***) don't give a f*** about anything or anyone else way of life.

We dont need to worry, we have a load of pro-western clandestine power groups meeting yearly in Versailles carving up the future for us.
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Parky
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« Reply #11 on: October 23, 2007, 11:24:13 AM »

Parky man, its a threat to the world economy not the western way of life.

Yes but we'll suffer the most especially with out delusionary (soft as s***) don't give a f*** about anything or anyone else way of life.

We dont need to worry, we have a load of pro-western clandestine power groups meeting yearly in Versailles carving up the future for us.


Soon they will be power groups without power. Cry laughing
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ChezGiven
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« Reply #12 on: October 23, 2007, 11:29:28 AM »

Parky man, its a threat to the world economy not the western way of life.

Yes but we'll suffer the most especially with out delusionary (soft as s***) don't give a f*** about anything or anyone else way of life.

We dont need to worry, we have a load of pro-western clandestine power groups meeting yearly in Versailles carving up the future for us.


Soon they will be power groups without power. Cry laughing

There's some really bad logic in this. The world is running out of oil, all the oil is in the middle east, but its the west who will lose all its power?

How? Explain the micro-economic dynamics.
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Parky
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« Reply #13 on: October 23, 2007, 11:38:00 AM »

Parky man, its a threat to the world economy not the western way of life.

Yes but we'll suffer the most especially with out delusionary (soft as s***) don't give a f*** about anything or anyone else way of life.

We dont need to worry, we have a load of pro-western clandestine power groups meeting yearly in Versailles carving up the future for us.


Soon they will be power groups without power. Cry laughing

There's some really bad logic in this. The world is running out of oil, all the oil is in the middle east, but its the west who will lose all its power?

How? Explain the micro-economic dynamics.


I'm not being selective although you are trying to push it that way. But I'm guessing Euro and the U.S. have the most to lose (loosely termed 'the west').


For instance Russia is awash with natural resources.




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Haswell
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« Reply #14 on: October 23, 2007, 12:59:02 PM »

Thanks to the influx of Eastern European immigrants, we'll have a cheap source of energy when we all go back to rickshaws and chariots 
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Keefaz
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« Reply #15 on: October 23, 2007, 01:13:12 PM »

Thanks to the influx of Eastern European immigrants, we'll have a cheap source of energy when we all go back to rickshaws and chariots 

I already have a Bulgarian who piggy-backs me around town. £2.50 an hour. Well worth it.
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Haswell
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« Reply #16 on: October 23, 2007, 01:14:44 PM »

There; that's the spirit! 
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« Reply #17 on: October 23, 2007, 04:51:34 PM »

Thanks to the influx of Eastern European immigrants, we'll have a cheap source of energy when we all go back to rickshaws and chariots 

I already have a Bulgarian who piggy-backs me around town. £2.50 an hour. Well worth it.

you're being ripped mate. My Albanian does it for 75 pence and throws in a complimentary hand job on request.
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Haswell
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« Reply #18 on: October 23, 2007, 05:02:58 PM »

I hope you give him a reach around occasionally. It's only polite.
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"The computer allows you to make mistakes faster than any other invention, with the possible exception of handguns and tequila."
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"We must respect the other fellow's religion, but only in the same sense and to the same extent that we respect his theory that his wife is beautiful and his children smart" -- HL Mencken.
Rob W
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« Reply #19 on: October 24, 2007, 07:27:13 AM »


World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.
The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.


"The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy," said Hans-Josef Fell, EWG's founder and the German MP behind the country's successful support system for renewable energy.
The report's author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.



https://www.guardian.co.uk/oil/story/0,,2196435,00.html

Yawn................  the Club of Rome said the same thing in 1974............

The Cheif Economist of the Royal bank of Scotland has observed that for all the talk of "oil running out" the declared Proven + Probable reserves of major oil companies has increased every year for the last 40 years...................................

You also have to remember that there isn't a lot of point in finding & developing reserves if you are going to have to wait 40 years to produce them


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Parky
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« Reply #20 on: October 24, 2007, 11:05:31 AM »


World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.
The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.


"The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy," said Hans-Josef Fell, EWG's founder and the German MP behind the country's successful support system for renewable energy.
The report's author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.



https://www.guardian.co.uk/oil/story/0,,2196435,00.html

Yawn................  the Club of Rome said the same thing in 1974............

The Cheif Economist of the Royal bank of Scotland has observed that for all the talk of "oil running out" the declared Proven + Probable reserves of major oil companies has increased every year for the last 40 years...................................

You also have to remember that there isn't a lot of point in finding & developing reserves if you are going to have to wait 40 years to produce them





Oil companies lying about reserves...Well I never. Some got caught out recently iirc.
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ChezGiven
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« Reply #21 on: October 24, 2007, 11:16:54 AM »


World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.
The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.


"The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy," said Hans-Josef Fell, EWG's founder and the German MP behind the country's successful support system for renewable energy.
The report's author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.



https://www.guardian.co.uk/oil/story/0,,2196435,00.html

Yawn................  the Club of Rome said the same thing in 1974............

The Cheif Economist of the Royal bank of Scotland has observed that for all the talk of "oil running out" the declared Proven + Probable reserves of major oil companies has increased every year for the last 40 years...................................

You also have to remember that there isn't a lot of point in finding & developing reserves if you are going to have to wait 40 years to produce them





Oil companies lying about reserves...Well I never. Some got caught out recently iirc.

When you've got your head in the African sand, the world looks full of oil.
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Rob W
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« Reply #22 on: October 25, 2007, 07:59:38 AM »

There is still a lot of oil out there my friends

More found every day........................................     

And Saudi has several hundred years worth
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Parky
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« Reply #23 on: October 25, 2007, 08:36:22 AM »

There is still a lot of oil out there my friends

More found every day........................................    

And Saudi has several hundred years worth

Poppycock. cheesy
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Howaythelads
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Bob Moncur


« Reply #24 on: October 25, 2007, 08:53:59 AM »


World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.
The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.


"The world soon will not be able to produce all the oil it needs as demand is rising while supply is falling. This is a huge problem for the world economy," said Hans-Josef Fell, EWG's founder and the German MP behind the country's successful support system for renewable energy.
The report's author, Joerg Schindler, said its most alarming finding was the steep decline in oil production after its peak, which he says is now behind us.



https://www.guardian.co.uk/oil/story/0,,2196435,00.html

The world has been running out of oil in 'x' years for as long as I can remember.

The biggest impact of running out of oil when it does eventually happen will be in the middle east because that area relies totally upon oil for their wealth and economy.
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