Oil and gas shortages likely within 5 years: report
<strong>Title: </strong> <a href="/link.php?id=22721" target="_blank">Oil and gas shortages likely within 5 years: report</a> (click to view)
<strong>Category:</strong> <a href="/news/topic/17-business" target="_blank">Business</a>
<strong>Posted By: </strong> <a href="/modules.php?name=Your_Account&op=userinfo&username=RUEZ" target="_blank">RUEZ</a>
<strong>Date: </strong> 2007-07-09 21:48:39
Watch the Gas Prices Jump....
RUEZ @ Mon Jul 09, 2007 11:48 pm
Mr_Canada Mr_Canada:
Watch the Gas Prices Jump....
Have been for ten years now.
adahen @ Tue Jul 10, 2007 7:56 am
Bring in Hybrid hybrid vehicles !!!
Yep, we've heard the dire predictions of 'peak oil' over and over again since the early 1900's.
If there's money to be made the oil companies will find more oil. I'm really not worried about this in the least.
adahen @ Tue Jul 10, 2007 9:17 am
Its all about the Buck and this is one of the reasons I have a hard time believing the "Globalwarning"hype or in the kyoto project.
I hope it does run out soon - it will inspire new technology that relies on alternative sources, and hopefully reduce the tendency for people to live outside urban centres and commute.
It would be a positive change that would reduce pollution and urban sprawl - two very real and apparent problems of today that don't need sketchy models to be realized.
adahen @ Tue Jul 10, 2007 9:31 am
Blue_Nose Blue_Nose:
I hope it does run out soon - it will inspire new technology that relies on alternative sources, and hopefully reduce the tendency for people to live outside urban centres and commute.
It would be a positive change that would reduce pollution and urban sprawl - two very real and apparent problems of today that don't need sketchy models to be realized.
I agree with you Blue_Nose.There are other means of energy that will be more beneficial for our planet then oils and gas.What do you think about the talk of nuclear?( I don't like it)
Brenda @ Tue Jul 10, 2007 9:34 am
Why not Adahen?
(no, no sarcasm, just curiousity
)
Gas prices will jump again, just like after Katrina. Then it was because of a shortage of refining capability, but oil production peaked in the US over 30 years ago, and it stands to reason that it will worldwide eventually.
Big projects like the Athasbasca Tar Sands, Orinoco Tar Sands (Venezuala) and the oil shale in Colorado will continue to be developed, but will never be able to fully replace the Middle East/North Sea as a supply of oil, as they produce far vaster amounts than those areas can, simply due to the ease of extraction. I believe that Saudi Arabia produces something like 10 million barrels of oil a day, while the tar sands in/around Fort Mac produce 1.5 million. Even with over $50 BILLION of investment, they expect to get the tar sands to 3 million by 2015...
RUEZ @ Tue Jul 10, 2007 9:40 am
Blue_Nose Blue_Nose:
I hope it does run out soon - it will inspire new technology that relies on alternative sources, and hopefully reduce the tendency for people to live outside urban centres and commute.
It would be a positive change that would reduce pollution and urban sprawl - two very real and apparent problems of today that don't need sketchy models to be realized.
You want to see the worlds economy colapse? Not everybody wants to live in the city. Frankly I'm happy where I'm at.
adahen adahen:
I agree with you Blue_Nose.There are other means of energy that will be more beneficial for our planet then oils and gas.What do you think about the talk of nuclear?( I don't like it)
I think nuclear deserves more attention and less hype over incidents like Chernobyl and Three Mile Island.
Unfortunately, technological advances are controlled by public perception over actual merit. Hopefully after a few generations it'll be back on the drawing table.
adahen @ Tue Jul 10, 2007 9:43 am
I just think we could use natural "energy" like water for one,not radioactive materials like nuclear.
RUEZ RUEZ:
You want to see the worlds economy colapse?
When did I suggest such a thing? Technological development would only encourage the economy, but it needs more incentive than the warm fuzzy feeling yuppies get driving a Prius.
RUEZ RUEZ:
Not everybody wants to live in the city. Frankly I'm happy where I'm at.
My issue is with commuting, not rural living. You should live where you work. Cities have smog problems due to people entering and leaving the city, not due to the people who live there and walk or take public transportation.
Blue_Nose Blue_Nose:
I hope it does run out soon - it will inspire new technology that relies on alternative sources, and hopefully reduce the tendency for people to live outside urban centres and commute.
It would be a positive change that would reduce pollution and urban sprawl - two very real and apparent problems of today that don't need sketchy models to be realized.
People live outside of urban centres mostly for the principle reasons of safety. The large cities are generally unsafe and with the concentrated social services attracting the dregs of humanity most decent people don't want to raise their families in such an environment. Thus they flee the centres to the suburbs.
Here in California an example of two cities that are turning things around would be West Sacramento and Rancho Cordova. Both are relatively new cities but have been urbanized and unincorporated for over 100 years.
Both cities were dumping grounds where the counties dumped undesirables such as drug addicts, sex offenders, parolees, and etc.
Both cities incorporated to gain local control over their neighborhoods.
West Sacramento went from being a ghetto in 1987 to now being a promising and developing city with some of the region's most desireable real estate.
Rancho Cordova, which only incorporated in 2003 has made rapid progress in cleaning out the halfway houses, prostitution, and all sorts of other problems that were tolerated by the county in the city prior to incorporation - consequently, property values are increasing as the area becomes safer.
In contrast, the City of Sacramento has had a series of housing developments fail because no one wants to live in areas frequented by drunks, drug addicts, the mentally ill, prostitutes, and etc.
My point is that the key to ending sprawl is to stop giving people valid reasons to flee the urban centres. And the most important reason to flee is personal safety and the ambience of a city.