I will believe the Saudis don't see any upcoming problems with Ghawar when they cancel one of their projects due to low oil prices. If they continue to be full steam ahead with increasing their capacity then I think they are aware that Ghawar may not be as robust in 5 years time as they would like us to believe.
Joined: Sep 14, 2004 Posts: 6527 Location: Rural Virginia
Posted: Tue May 20, 2008 12:58 pm Post subject: Future of timber (for timber owners and aficionados)
For this thread I put on a slightly more optimistic hat and assume that some scaled-down version of civilization will continue.
I own about 75 acres of timber (both hardwood and pine). Many of you, if you own land, also own timber. Several of you own hundreds of acres of timber.
I'm fairly familiar with how the timber industry operates, but does it have any future? One could hardly imagine a more energy-dependent industry. Huge machines are used to harvest, process, and transport wood, as well as to perform intermediate treatments (such as thinning) on growing stands. If there's an economic depression, which I consider certain, demand will shrink drastically.
Timber has been in demand for thousands of years, of course, through thick and thin.
Maybe there's a post-PO future for timber the commodity, but I have no idea what it might look it.
One possibility might be selling carbon credits to polluters in exchange for agreeing not to cut your timber. There are a couple of fledgling carbon-trading exchanges. This would be very attractive to me, since I'm increasingly biased against ever cutting my timber, except selectively. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
Joined: Dec 27, 2004 Posts: 13064 Location: naive idiot fantasy world
Posted: Tue May 20, 2008 1:07 pm Post subject: Re: Future of timber (for timber owners and aficionados)
Trees will always be a good long-term investment. Just remember to diversify. _________________ "...powerdown so soft and fluffy you'll think you're living in a pillow." - jboogy
Posted: Tue May 20, 2008 1:59 pm Post subject: Re: Future of timber (for timber owners and aficionados)
I have about 60 acres of hardwood bush. I'm thinking that in a few years time I'll be fighting off poachers that come in from behind and steal firewood. I think that in my area, firewood will be a booming business. It is something that I look forward to as a means of making an income, should my job be gone. It may be all I have left one day.
Posted: Tue May 20, 2008 2:18 pm Post subject: Re: Future of timber (for timber owners and aficionados)
We've been harvesting timber since the days of the stone axe. The lumber trade isnt going to die anytime soon. It may change a whole lot though.
I would let the lumberjaacks onto my property as long as they replanted when they were done, although I wouldnt let them cut it all. _________________ "Battle not with monsters, lest ye become a monster, and if you gaze into the
Abyss, the Abyss gazes also into you."
Ammo at a gunfight is like bubblegum in grade school: If you havent brought enough for everyone, you're in trouble
Posted: Tue May 20, 2008 4:29 pm Post subject: Re: Future of timber (for timber owners and aficionados)
Cutting trees on my property will be strictly planned, limited, and personally monitored. When my grandparents did a timber sale a few years before I aquired the property the loggers cut trees they weren't supposed to, left trash in the woods, and cut some small trees for no reason I could establish. Never Again.
Posted: Tue May 20, 2008 4:54 pm Post subject: Re: Future of timber (for timber owners and aficionados)
The timber industry will not disappear, but at this moment the price for timber is LOW. My brother thought about selling some the price wasn't enough to justify the fuel cost. _________________ Everybody thinks they're righteous! Adam Baldwin "Jayne" Firefly/Serenity
Joined: Sep 02, 2005 Posts: 3032 Location: In a Nigerian compound surrounded by mighty dignataries
Posted: Tue May 20, 2008 5:16 pm Post subject: Re: Future of timber (for timber owners and aficionados)
We have done a some selective harvesting. Seems like the market took off right after Hurricane Andrew(1992) and lasted till a year before the housing bust. With the market down, Weyerhouser and Georgia Pacific are selling off lands cheap. You can buy hard timber in SE Oklahoma for around $2K an acre.
Joined: Jun 30, 2005 Posts: 743 Location: northern California
Posted: Tue May 20, 2008 8:08 pm Post subject: Re: Future of timber (for timber owners and aficionados)
Over a span of 50 years I've wandered the slopes of the California Sierras as well as the White Mountains and Hays Ranges of Nevada. It seems that everywhere there are stumps left from logging before the machine age, mostly for firewood, or for feeding the railroads. The timber must have been removed by pack animals, as there are no remnants of roads anywhere. In the future, it would seem most timber will be used for fuel once again, rather than for construction. _________________ "When men yield up the privilege of thinking, the last shadow of liberty quits the horizon."
Thomas Paine
Joined: Sep 14, 2004 Posts: 6527 Location: Rural Virginia
Posted: Tue May 20, 2008 11:21 pm Post subject: Re: Future of timber (for timber owners and aficionados)
Interesting comments as always; thanks!
I live on 25 acres of hardwoods; my remaining 50 acres (in 23-y.o. pine) is 75 miles to the south. I visit there once or twice a month and work my ass off. But I worry that gas prices etc. will get so out of hand I won't be able to get down there and I'll lose my ability to work on and oversee the property. I visualize the roads and bridges falling into disrepair. The route I take passes through some thickly forested areas, and it takes the continual attention of road crews to keep the growing branches from blocking the roads. I've owned this property for about a year and love the place and its wildness.
Maybe my worries are silly or at least premature. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
Posted: Wed May 21, 2008 12:06 am Post subject: Re: Future of timber (for timber owners and aficionados)
My suspicion is that you'll see an increased demand for firewood and a decreased demand for lumber. I live in Oregon and in the 80's there was a major depression here due to the downturn in the housing market, we're seeing the same thing shaping up again now. Stump prices are down about 50 percent in the last couple of years and headed down.
On the other hand the price of firewood just keeps going up, people are actually getting over $200 per cord for fir, which has about half the heat content of oak.
Posted: Wed May 21, 2008 7:07 am Post subject: Re: Future of timber (for timber owners and aficionados)
The person with 50-100ac of woodlot in the future is going to be a wealthy person.
We live on our 100ac and have been processing our own wood for the last 17 years......it has built our house and heated it all that time, plus built barns, sheds, and 3 rental homes.....and I have yet to put much of a dent in the timber.
We got a bad infestation of souther pine beetle here a few years back and that produced the 3 rental homes......and I didn't even have time to get it all logged out and sawed before it went bad.
Pile of white pine floor joists from beetle killed timber.
Future log cabin in drying shed......some assembly required
My "log skidder"
About 1/2 the logs that came off one acre I cleared for a new apple orchard:
Joined: Sep 14, 2004 Posts: 6527 Location: Rural Virginia
Posted: Wed May 21, 2008 8:15 am Post subject: Re: Future of timber (for timber owners and aficionados)
Impressive, Andy.
It could be noted from those photos, though, that you're using lots of gasoline and diesel, and machinery that requires plenty of maintenance and specialized parts. Someone once told me that a portable sawmill is a mechanical nightmare; I have no idea if this is true (or true any more, with today's improved engineering).
I recognize my good buddy yellow-poplar in that log pile. I love those trees, although they have a propensity to get struck by lightning. I've lost several magnificent specimens to lightning in the past two years. They'll make great snags, though, for wildlife.
One of the things I like about enlightened, smaller-scale timber management is that it can actually improve the woods (if done carefully and properly) while still extracting useful products. The Germans have practiced this "positive-impact forestry" for hundreds of years, and Americans are starting to get a clue. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
Yes. Exactly right! This the setup I'm looking at right now. I'm hoping to do my logging that way this winter.
One of my neighbours argues that horses will never come back. Of course he is in COMPLETE denial that there is a problem with the fuel supply. In his words its between the government and the oil companies screwing us.
As far as crosscut saws being used. I don't look forward to that but I'm ready. I have a number of them and have tried a few out. It is surprising how well a sharp crosscut saw will cut but it still takes longer and the time is more of a pain than the extra effort. When I first got on the peak oil band wagon, I started to learn how to sharpen these saws and although I'm no expert, I feel confident after sharpening a few that it will be another salable trade that will come in handy in the future. In some ways, this getting back to the old technology out of necessity is a lot of fun. It's no fun though if you're lazy or a wimp.
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