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Dr. Hirsch Discusses Peak Oil on CNBC

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Dr. Hirsch Discusses Peak Oil on CNBC

Channel: News & Politics
Uploaded: May 20, 2008 at 6:04 pm
Author: JoulesBurn

Length: 03:50
Rating: 4.82
Views: 31781

Tags: Oil  Peak  

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ccam96 (September 3, 2008 at 4:13 pm)
Conserving oil and gas is not just an environmental issue, it's a national security issue. What happens when the US runs out of oil while our potential future enemies (Russia, China, etc.) have plenty? It would leave us very vulnerable to attack. So, just keep driving that 10 MPG SUV and don't worry , right??
ccam96 (September 3, 2008 at 4:09 pm)
Oil isn't just about driving. It is the basic starting material for almost everything in modern society... rubber, plastic, pharmaceuticals, higher food yields. Our population explosion and technology expansion has been completely supported by oil. It will end. There will be world wars to get it (Iraq, Georgia, etc.. are all about oil). We MUST move to Nuclear (breeder reactors), wind, solar, etc. just to keep the lights on and switch to EV vehicles. CONSERVE, CONSERVE, CONSERVE!
ccam96 (September 3, 2008 at 4:02 pm)
neoconcrackaddict- It actually takes almost as much energy to "make" oil from algae as you get back. You can't just make energy. Oil is essentially sunlight energy collected over 100 million years concentrated in compressed algae fields in ancient waterways. We are essentially using a concentrated storage of millions of years of solar energy. Peak oil is real and it will change society and reduce all of our living standards within 10-20 years. Please be prepared.
PerfektBlue (August 28, 2008 at 1:12 pm)
It seams that people are to stupid to comprehend the concept of finite recourse ! If you find new oil polls you simply extend the period before hitting peak oil. O and remember our fuel consumption needs to grove in our economy. Well god night USA in 2010 or 2020 you will simply colas in the long energy night with is cool because most of Americans are to retarded to comprehend this concept and the idiots are going to die.
baysar (August 14, 2008 at 3:12 am)
Yes, you may be right, but drilling companies get paid to drill.... even if they dont get any oil out... As an investor, that would be huge news and would mean massive profits for oil drillers... So if this happens.... take advantage of it and invest your money in Oil drillers
Bredac (August 13, 2008 at 7:38 pm)
temporary solution for long term problems...it takes 6-8 years to get the oil from the proposed off shore drilling and ANWR...think about how much energy goes into obtaining this limited oil...definitely not worth it.
danbuck333 (August 3, 2008 at 10:19 am)
thats the way use all of it up so future generations have nothing to use
neoconcrackaddict (August 1, 2008 at 3:16 pm)
We can make oil from algae. It's cheaper than sucking it out of the ground, doesn't pollute, and it's renewable so it will not run out. The only reason you're not seeing it at the pump is because it hasn't scaled up to production yet, and probably won't for the next few months.
baysar (July 31, 2008 at 3:19 am)
DRILL MORE!! invest in DO and RIG ppl and get rich
JoulesBurn (July 13, 2008 at 2:03 am)
and also:1) Oil shale has the same energy content as a baked potato. Just like with potatoes, one needs to bake oil shale to make it useful2) oil shale has never been profitable, and probably never will be3) similar to the oil sands of Alberta, it's not the total amount of fossil fuel underground -- it's the rate at which it can be extracted. And that is rather small compared to Saudi wells which gush 10,000 barrels per day per well in their best (but dying) fields.4) water


 
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