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Peak Oil: Gas Prices, Supply Depletion & Energy Crisis SHORT

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We are entering the Peak Oil era. The growth of oil production is slowing, driving up oil and gasoline gas prices, firing inflation, driving unemployment, straining our global economy, and threatening to collapse our entire system. We are reaching Peak Oil and we are unprepared. Teacher Aaron Wissner, in a compact 10 minutes video summary, details Peak Oil, the evidence, the impacts, and the solutions. See the full one-hour video at LocalFuture.org. Also, at YouTube, see the conclusion, of that presentation, part 5 of 5, which highlights the impacts, underlying problem, and solutions to Peak Oil.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: newculture

Length: 10:00
Rating: 4.76
Views: 129353

Tags: crisis  depletion  economy  energy  fuel  gas  gasoline  global  inflation  oil  peak  peakoil  prices  supply  unemployment  warming  

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Video Comments

baehsas (November 30, 1999 at 12:00 am)
Thus in the face of peak oil and its multiple consequences, which are bound to impact upon almost all aspects of our human standards of life, it seems imperative to get prepared to face all the inevitable shockwaves resulting from that. Preparation should be carried out on individual, familial, societal and national levels as soon as possible. Every preparative step taken today will prove far cheaper than any step taken tomorrow.
joshuaki3 (November 30, 1999 at 12:00 am)
I suggest federally supported massive R&D efforts to develop real permanent solutions to energy, as well as large public works projects to develop infrastructure that can use the new energy. Possible energy sources for consideration include Generation 4 nuclear reactors, as well as the environmentally benign and infinitely abundant potential source of energy from magnetically confined Nuclear Fusion. With adequate R&D budgets these technologies can be made realities and propel the future.
joshuaki3 (November 30, 1999 at 12:00 am)
Great Presentation. My only criticism is that the problem is being understated. Not only is our food supply dependent on oil and other finite sources of energy, but also our entire infrastructure. From the drywall in our homes to the concrete and steel in our roads, and buildings. Growing locally and the other suggestions don't come close to sustainable living. Without technological solution to energy scarcity all of modern life must be forfeited, including modern medicine.
newculture (November 30, 1999 at 12:00 am)
Yes, I imagine so. Dr. Hubbert presented the idea in 1956 or 1957. The question is when the economic consequences associated with peak oil started to become apparent.
BurnTheMan01 (November 30, 1999 at 12:00 am)
The idea was named "Peak Oil" back in the 1950's.
newculture (November 30, 1999 at 12:00 am)
And that is just this video. An understanding of peak oil and its impacts has been known for probably a decade or more.
70road (November 30, 1999 at 12:00 am)
wow and this was 2 years ago.
newculture (November 30, 1999 at 12:00 am)
Actually, peak oil already did happen in three important ways. 1. Conventional oil -- drilled on the land, comes up the pipe on its own, peaked in 2005 2. Net oil exports -- how much oil is actually available to purchase on the export market, peaked a few years ago 3. Per capita oil -- amount of total oil per person on the planet, peaked many years back #2 and #3 are probably the most important. The actual "all time global 'oil' peak" is almost irrelevant by comparison.
baehsas (November 30, 1999 at 12:00 am)
Thank you for your information. I think Peak oil now is happen.
Tabberwacky (November 30, 1999 at 12:00 am)
They won't fly and resources will not be delivered. Localize.

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