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do you also have the barrels numbers. A increas of 50 % going from 50 to 75 is much a decrese of 5 % going from 10 mil to 9 mil barrels is a lot!

How much must OPEC and especialy Saudi compansate for the loss of other country's. The USA loses each year a few % of there oil production. Who compensates this. Noth Sea lost 12 to 17% production. Wh ...

I think it is the best idea there is.

Air compresion can be made anywhere with electricity. And electricity won't be that big problem if you combine nuclair and wind.

Why I think the industry do ...

I just want you people to know that there is a new way to storage Hydrogen. What do you think about it: [url=http://news.com.com/Start-up+coins+new+way+to+harvest+hydrogen/2100-7337_3-5783870.html?tag ...

No the US will be hit harder. If the price of oil will keep rising then the goverment will cut tax on gas. We can cut tax by half so the price will be the same as in the USA.

However the USA will m ...

But if most contry's go in to decline. And opec needs to compensate all the time. Then, when opec goes after peak it must go much faster.

1. opec will damage their fields to compensate.
2. other c ...

What should be the global decline rate when it happens. I wonder how this will go.

If many fields go in decline at the same time then the global decline would be far more then 2 or 3% a year. And ...

@marko

I think also there will be two waves of crashing. However I think that europe will be just as bad as U.S.A. in economical terms. The major diffrence is that we stil have some structure left ...

And what about the idea to buy when the economy goes in heavy recession. I gues then it will be a bargain to buy and the money system will still be valued. I live in Belgium/Netherland.

Hello,

I'm following the topic Peak Oil. Every day I think diffrently about it. One day I think we are doomed the next I think won't be as bad afteral in '80 we only needed 60 mil barels a day and ...

People there won't be a huge die off. We can farm without oil and have a simaler yield. Ask the bio farmers they will tell you that. There will be a food distrubution problem. I won't travel 1500 km t ...

adapting we will. It has always been that. The free market will demand that we will change or way of life.

The problem is.
Oil will go down
Demand wil be high

We are in hugh depts. Every west ...

indeed I mixed up acre... But still its gigantic what we need. and 20.000 litre per are is very optimistic...

How much land and sea will we need for bio-diesel to replace 10% of the oil production ...

I was turning an optimist last week. I was studying algea oil production. It turned out that algea can turn 20.000 litre a year per acre
Prety much I though until I started calculating how much acre ...

Because there is now over production. And nothing bad is happening in the world. Just wait when some crap wil hit the fan...

If for example Iran would say we don't export any more to U.S.A. or stor ...