mai said:
- Social topic "rich vs poor" doesn't accurately depict the position we're currently in. It's much, much bigger imo. - We're either on or behind peak oil. To be more precise, peak of cheap oil, which is really equivalent of all oil, resources, prosperity and god knows what else. This economy wasn't designed for smth else, but cheap oil. - Nor greenies, nor p2g, nor methanhydrates, nor other half-arsed options that are merely few last breaths of dying oil-based global economy won't compensate for traditional hydrocarbonates decline. If I'm not mistaken I did a few posts about this somewhere here, so won't repeat myself. Long story short a lot of wishful thinking if not direct sabotage is going on in this field. The only thing that could really make your, mine or that guy over there (who's the lucky one, take your pick) prospects look better, if more and more big consumers are cut off from the resources supply lines, in other words wars, chaos, other forms of drastic consumption decline etc. for the purrpose of redistribution of limited resoruces in your favour. Europe is energy-deficit, it WILL decline and it's going to be very steep imo. |
there is enough oil at 100$/b, and thats a price the world can life with. and there will be no decline in hydrocarbonates, there are plenty enough for a long time, its just gets uglyer to produce.
and europe has an energie deficit because we dont wanna dig holes everywhere, there is enough coal and unconventional oil but thats not cheap. the deficite will decline alot in the next years, europe goes green and the consumption isnt growing.
and its not a defite like the one the us or turkey has, europe doesnt need to loan money outside to buy oil.
