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The Forum > General Discussion > peak oil

peak oil

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China and Indiaís demand for oil is rising so fast, in perhaps 10 yearsí time available oil in the markets will either go to them or it will go to us, but not to both. Time to prepare to fight over the stuff, and make it unavailable for the poor at the same time?!
Posted by Robert LePage, Wednesday, 2 July 2014 11:24:41 AM
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Robert LePage,
If mentality has any play in this the China & India are assured of getting it.
Posted by individual, Thursday, 3 July 2014 6:29:04 AM
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PLEASE/NOTEwe been finding oil/everywhere
trouble being its in small pools/it seeps out slowly
be assured/that it wil seep for thousands of years/its just best use/is local
find your oil-well/turn it into grid energy/or mineral-into metal/use the energy on site/one gaswell/situated just right/can centralise/tranSPORT/MINUS THE FUEL/COST.sure its a small well/butthats why mass conglomeerates will fail/its everwhere

THEY SHUT DOWN WELLS/TO INCREASE PRICE

PLEASE NOTE THE AST GREAT OIL-SHOCK/THAT DOUBE THE PICE/WAS CRETED/BY INDUSTR SIMPLY CUTTING THEIR PRODUCTION BY 2 PERCENT.short oil is a lie

sure if you suck a slush puppy[ice /thingy]
you get the juice/but THE ICE BECOMES JUICE GRADUALY/ just like the water/that seeps out of your sponge/OIL/IS THERE/GET YOUR OWN OIL-WELL/LIKE WE USED TO HAVE OUR OWN WELLS

IM SICK OF PEAK-OIL/BECAUSE THAT ALLOWS/EXCUSE/FOR OIL CARTELS AND greenies/to spin their bias/HOPING to sell a few more green scemes

im over guiLT/BLAME SHAME MANIPULATION
its not going to work/no more[aids didnt get me/bird-flue/sars/napalm/radiation/its all fear mongering/the Sky is falling

pay carbon polution tax or else we close off a few more oil wells

now they saying they only getting 5 percent returnplease invert this mining quote

we get 90 percent of the gold
out of the crushed rock/in 90 days'

infuring100/daze=100%[but what they dont say=90%=max
because 10%/LEECHES OUT OF THE plastic..mEMBRANE/sitting on gravel

there is an upcomming drought/of posts by me comming up
a natural/or induced/shortage?
Posted by one under god, Thursday, 3 July 2014 7:58:21 AM
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Robert what is the concern? The Greens and enviromentalists told me during the 1970's oil crisis that oil would all be gone by the year 2000. You remember when the Y2K bug was going to close down the world.
Have a bex and a lie down mate, it is all going to be fine.
Posted by JBowyer, Thursday, 3 July 2014 8:08:24 AM
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Thatís extraordinary thinking, JBowyer!

Because something hasnít happened yet, it ainít gunna happen eh?

Robert LePage raises a very important point: as the resource declines, or fails to keep up with rapidly increasing demand, competition for it will increase, and become very ugly.

Australia is not in a good position in this regard. Weíve got no chance of competing with China by ourselves. We definitely need to uphold a strong relationship with the US.

But then as the resource becomes even more stressed, the US is likely to cut our share of imported oil back, and even out altogether, especially given that we do have a fair bit of capability of developing our own resources.

It is certainly not just peak oil itself that we need to be worried about; it is this competition factor, which is bound to raise its ugly head well before the supply capability actually becomes stressed.

And of course, as competition increases, so do prices.
Posted by Ludwig, Thursday, 3 July 2014 8:59:41 AM
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What Robert LePage is saying but no-one gets it is, China & India have foresight & they plan accordingly. The West & Australia in particular are too hung up about now & tonight, that's why they'll have a battle to catch up later on.
Are the Indians & the Chinese selling their land to foreigners ? No ! Why not ? They have brains !
Posted by individual, Thursday, 3 July 2014 9:52:33 AM
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