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<font face="Courier New, Courier, monospace">I've subscribed to the
aspo-usa weekly newsletter for several years. See
<a class="moz-txt-link-freetext" href="http://www.aspo-usa.com">http://www.aspo-usa.com</a> for details and much information.<br>
<br>
Yes, the idea of peak oil is disturbing.<br>
<br>
More disturbing is the lack of discussion from our political leaders.
We keep hearing the message about "green energy", but we don't hear why
we need to switch to green energy sources. I think many of our
political and corporate leaders understand the magnitude of the issue,
but are afraid of the backlash should it become well known and
discussed.<br>
<br>
Several events lead me to believe peak oil is or will be occurring
shortly:<br>
<br>
1. Why do we have to drill wells in 5000+ feet of water? A: That's
where the best remaining oil reservoirs are located. We've drilled all
of the "easy" oil.<br>
<br>
2. Why didn't the Saudis increase production during 2007-2008 when
crude oil was selling for $125-150/bbl, despite the pleading/cajoling
from the Bush administration? A: Could it be they were already near
their maximum oil production capacity? Or were they wanting to save
their remaining oil for their children?<br>
<br>
3. The International Energy Agency dramatically revised downward their
maximum oil production capacity estimate from about 106 mbbl/day in
2030 to about 99 mbbl/day 2035 in just a year. Right now we're
consuming about 88 mbbl/day. This seems to be a huge shift in just a
year.<br>
<br>
One effect will be to dramatically increase energy prices for
everyone. Think about what a shift to electric cars will do to the
price of electricity to run our data centers. Right now there are many
efforts afoot to increase data center power efficiencies by reducing
energy used to cool the equipment inside data centers. Another is the
push towards virtual servers, allowing us to increase the amount of
work (transactions, computations, etc.) from a given piece of equipment
in the right context.<br>
<br>
We ARE living in interesting times.<br>
<br>
Steve<br>
</font><br>
Travis Sidelinger wrote:
<blockquote
cite="mid:AANLkTimYBACWtNAZfi_Emme8L1N1LhFPhmwZyQCPOg5R@mail.gmail.com"
type="cite">
<pre wrap="">Has anyone on the Colug list been researching "Peak Oil"? I'm finding
some very disturbing information.
~Travis
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