VIDEO: The Return of Peak Oil: Why It Matters and What’s Next
THE 1970S PORTENT
SHALE OIL TEMPORARY BOOM
The Shale Oil Boom appears to be peaking, as the video explains.
U.S. OIL PROSPECTS
This is the previous graph extended into the near future, apparently based on known reserves & potential. As domestic oil production drops, power plants and industry are switching to cheap coal and natural gas, but vehicle fuel is likely to go way up. Alternative energy is only about 0.5% per year. Nuclear power needs to be expanded quickly, while alternative energy may start to pick up with better tech becoming available.
VIDEO: The Truth About Peak Oil
PRICES FOR ELECTRICITY
PETROLEUM ALTERNATIVES
This video points out that plastics are also made from petroleum and we need to find alternatives for those too before petroleum gets in short supply. Bamboo is said to be one alternative. Hemp is another. But we need more factories producing these materials asap.
More problems to solve. Do that.