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Old 01-04-2011, 04:42 PM
 
Location: London, U.K.
3,006 posts, read 3,870,831 times
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No thats not what i'm saying at all. Put aside the monetary analysis and just visualise it as the total ammount of energy available to run your economy on, GDP is just a measurement of energy consumption after all. What i'm saying is that the ammount of surplus energy from crude is so vast that it allows us a high level of economic activity. Shale's EROEI is only one fifth that of crude at best- meaning you would only get one fifth the level of economic activity per barrel that you'd get from crude.
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Old 01-04-2011, 04:45 PM
 
Location: Sango, TN
24,868 posts, read 24,388,397 times
Reputation: 8672
Quote:
Originally Posted by archineer View Post
No thats not what i'm saying at all. Put aside the monetary analysis and just visualise it as the total ammount of energy available to run your economy on, GDP is just a measurement of energy consumption after all. What i'm saying is that the ammount of surplus energy from crude is so vast that it allows us a high level of economic activity. Shale's EROEI is only one fifth that of crude at best- meaning you would only get one fifth the level of economic activity per barrel that you'd get from crude.
That makes no sense at all.

Hell it would require more work to get the things up and running, which would grow the domestic economy, and grow GDP.
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Old 01-04-2011, 04:55 PM
 
Location: London, U.K.
3,006 posts, read 3,870,831 times
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The less surplus energy there is from oil, then the less energy there is to run your economy on- i.e. The economy must contract if the ammount of available net energy declines. To replace crude we need a fuel with similar EROEI as crude (16-20) to maintain the level of economic activity. Its the massive surplus of energy we get from fossil fuels that makes modern economies possible, less net energy = less economic activity. Money isn't the issue here.
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Old 01-04-2011, 05:00 PM
 
Location: London, U.K.
3,006 posts, read 3,870,831 times
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I'm not great at explaining this. Look on youtube for 'chris martensen' he explains it better than me though he talks about coal not oil, but the principle is the same. I wish i could link the vid but my phone doesn't allow it. Its towards the end of his last public presentation.
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Old 01-04-2011, 05:13 PM
 
Location: London, U.K.
3,006 posts, read 3,870,831 times
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This is technicaly longwinded but explains why: Understanding EROEI see why i'm having such a hard time!
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Old 01-04-2011, 05:33 PM
 
724 posts, read 1,685,791 times
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We will have a replacement to oil, possibly synthetic. There is a tremendous financial incentive to finding the replacement, just not yet because there is a tremendous amount of profit to still be made.
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Old 01-04-2011, 06:33 PM
 
Location: Prepperland
19,025 posts, read 14,205,095 times
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Quote:
Originally Posted by Memphis1979 View Post
  1. Americans don't like trains.
  2. Most people want a private mode of transportation, or an extremely fast one.
  3. We are to spread out for having an effective high speed rail system. And most folks drive so they don't have to rent a car when travelling to a larger town, then travelling to the smaller regions around it.
  4. There is a population that lives its entire lives in bigger towns and cities. But most of us do have relatives and events that we attend several miles outside of town, which make high speed rail less effective.
  5. All of the train trips I've taken are miserable.
  6. They take to long, and make to many stops.
1. Subjective. Sweeping generalization. No evidence in support.
In contrast, see this:
http://www.youtube.com/watch?v=ehoVnykvMKY
2. Subjective. No evidence in support. If there is no "cheap and plentiful" petroleum, and only electrified rail remains economically viable, people will want rail transportation.
3. Before the rise of oil, there were railroads. After the fall of oil, there will be railroads. Coincidentally, before 1920, "suburbia" was created by expanding streetcar networks.
Streetcar suburb - Wikipedia, the free encyclopedia
4. Before 1920, 95% of all trips were by rail, mainline (steam), and electric traction (streetcars and interurbans). High speed rail is not the only form of rail transportation.
5. Subjective. Did these trips take place only in America, on Amtrak?
6. Subjective. Depends on the train, local or express.
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Old 01-05-2011, 01:46 AM
 
18,270 posts, read 14,431,077 times
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Quote:
Originally Posted by Fred314X View Post
Up until the last century and a half or so, all of humanity existed without a dependence on oil. So I have a sneaking suspicion that we'll find a way to survive after the last drop has been used up. Unless we have completely lost our inventiveness, in which case that will be the end of civilization.
Agreed. Humans are so dang inventive, they have even created fake women (dolls) for a man's pleasure when he can't get a woman to go out with him. If they want to find a way, they will. (Humans)
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Old 09-21-2011, 10:58 AM
 
Location: Tampa
3,982 posts, read 10,462,106 times
Reputation: 1200
I am wondering, is the price of oil today a true reflection of what it is worth?

Should it factor in future cost, such as finding oil alternatives?
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Old 09-22-2011, 11:51 AM
 
Location: Londonderry, NH
41,479 posts, read 59,783,759 times
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If we chose to develop Nuclear fission power with full fuel reprocessing and recycle we will be able to make enough synthetic petroleum to meet the demands of the chemical industry. I doubt that we will be able to maintain our "car culture" as that petroleum will likely be very expensive. I expect personal transport will return to a trolly/railroad/HSR combination and freight will be almost entirely carried by electrified railroads and river barges (energy source undecided).

I suspect the people will learn to use the system while marveling at the automobiles, trucks and jetliners in a few museums.
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