It is estimated that the world may have enough oil to year 2030 at current consumption, and enough natural gas to year 2060 if all known reserves were recoverable. Life will not continue as is until every last drop is gone. There continues to be small amounts of oil suspected as reserves around the world, but not in the quantities that will alter the clear shortages and competition for it. It is very unlikely that a child born after 2005 will ever need a driver license, and it is very likely that before 2020 most people around the world will be living without the benefits of oil and will lose the use of natural gas at the same time.
It is likely that a World War (the energy war) has started, and as limited oil reserves are depleted aggression will escalate. The worlds' remaining known approximate oil reserves 2004-2005: Saudi Arabia 24%, Iraq 10%, Iran 10%, Kuwait 9%, United Arab Emirates 9%, Russia 9%, Venezuela 8%, Mexico 5%, United States 5% (not counting oil shale), Nigeria 2%, Libya 2%, China 2%, Kazakhstan 2%, Algeria 1.5%, Canada .5% (not counting tar/oil sands), Norway .5%, Indonesia, .5%. All percentages are rounded and approximated. Oil from tar sands and oil shale are not included because the high amount of energy inputs, water consumption, and waste production will likely hinder these sources of oil from being anything more than limited supplies. The nations most near and friendly to us, Mexico and Canada, have very limited reserves and are rapidly being depleted as we are. The remaining oil reserves are in nations in less friendly regions and the oil is in areas more difficult to extract. Although we hear about "discoveries," our future oil security is seriously at risk.
Because private companies and nations have over-estimated oil reserves it is difficult to be exact but these estimates of world oil reserves are close and further research will reflect this. Also, rapid exploitation may have damaged many reserves' wells and will limit production. It may be that we (the world) have much less than is believed! The United States past its "peak oil" point back in the early 1970's ( for further research refer to Peak Oil Crisis Books) and now imports about two-thirds (2/3) of its oil. The U.S. economy and the current American way of life is supported by energy from other nations. Those nations that have not already past peak oil (maximum production) are very near it. In the future, production will decrease while at the same time demand increases. The spread between supply and demand will cause higher prices (for all products), and international tensions leading to violence.
In the near future products made from oil (plastics and petrochemicals) will become very expensive. Also, everything is transported by oil (gas/diesel) and will go up in price because of the increase in shipping costs.
Many of the Western homes are heated by heating oil and natural gas.
Most electricity is produced from natural gas (propane is liquefied natural gas or LNG) or coal which requires oil (gasoline and diesel fuel) for mining and shipping. Fertilizers and pesticides require oil and/or natural gas for manufacture. Giant agricultural corporations can not feed the world without tractors, fertilizers and pesticides. Industries will not be able to produce our consumer products without oil.
Nations will begin fighting (have begun fighting) for oil and natural gas to save their economies. As people are unable to pay higher prices for manufactured products, employers will begin layoffs and unemployment will increase. The unemployed will not be able to buy, and businesses will close creating more layoffs and homelessness. Protests, riots, and crime will increase and the response will be martial law, a police state, and government seizure of weapons, foods, and medicines for emergency relief and control could happen. All of the efforts to control and protect remaining resources will ultimately fail. This spiral of war, failing businesses, and social decay will get worse in all nations as oil and natural gas resources are depleted.
Because of easy access to fossil fuel energy there is significantly more population than can survive without it. Failing to decrease the increasing population, have we come to the point were we must increase the decreasing population? It is possible that the use of virus, or bacteria to significantly reduce populations will be considered.[read more]
More articles on the impending doom.
2. Analyst fears global oil crisis in three years(written in 2005, predictions coming true)
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2 comments:
I can't imagine having to go to the store and buying gallons of Milk for $30. Imagine that. It's just getting worse. One thing we can do right now, is push Bioheat to oilheat users. Helps conserve 400 Millinon gallons of oil and burns better and "greener". Working for NORA, I have been given the chance to research heatigng alternatives and that's one alternative I see as potentially dominating the oil market.
Here's a link with more info: http://oilheatamerica.com/index.mv?screen=bioheat
That was some nice info.
Just hope that it gathers momentum and reaches the masses before the oil crisis hits.
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