Video duration: 3584 seconds
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Dr. Tadeus Patzek, Chair, Petroleum and Geosystems Engineering, University of Texas - Austin John Hofmeister, President, Citizens for Affordable Energy Moderator: Dr. Alan Carroll, Geology and Geophysics, UW-Madison
I Try to talk to ... By: bikestu. on 25 May 12, 13:54:17 I Try to talk to people about? this subject and you wont believe how many people have no idea and dont seem to care, i blame pollitions for this,,, short term thinking maybe.
Nice video check ... By: TheRenaissanceYngMan. on 23 May 12, 01:48:11 Nice video check out my blog post "heading for the? exit" when the markets crashes it is good to start looking for entry points.
Its? funny how the ... By: nickbobj321. on 22 Apr 12, 13:20:54 Its? funny how the guy who just wants more oil says theres oil everywhere, when all that would do is deplete all reserves quicker. And the engineer says that there is no oil and its depleting, which seems more likely. Also he does not make it political and spews facts not nonsense.
Well no offence but ... By: nickbobj321. on 22 Apr 12, 12:56:20 Well no offence but a few people wont deminish its demand and its depletion. Also the price is controled buy fianacial speculation not price discovery, you? would be right if this market was free but it is not.
Boycott? buying ... By: Scottleewebbdotcom. on 18 Apr 12, 22:36:48 Boycott? buying fuel till these companies lower their prices!
By the way ... By: izaccy. on 15 Apr 12, 09:40:54 By the way Hofmeister says they should have a regulatory independent group of people
to plan our oil, because politicians are bought something im sure he as a former CEO of Shell knows a lot about.
But then he goes on to say that the independent group will be elected by the Politicians
wait a minute? so if the corrupt politician chooses those who should be on the independent committee then whats the difference ?
wtf..
Is amazing how both ... By: izaccy. on 15 Apr 12, 09:29:56 Is amazing how both of them remained unbelievably tight lipped about burning carbon emissions
and the climate change. They talked about the potential impact on the environment a little? bit due to moving closer to where people live, but NASA´s study on climate change
is shocking and it can permanently damage the earth.
By the way the government spends billions to artificially keep the oil prices down through oil subsidies, didnt mention that either.
Hofmeister got an ... By: izaccy. on 15 Apr 12, 09:21:20 Hofmeister got an incredible naive way of thinking about Oil prices,
he thinks is like a cash of gold that is hanging from the trees, and? we should get them before the chinese or the indians do, If only it was that easy.
The US has a? 100 ... By: TheChristianRight09. on 08 Apr 12, 02:15:57 The US has a? 100 plus year supply of natural gas,oil matters not in the long run.................CNG verses oil is like Red Box verses Block Buster....Any product or service can price its self out of the market....It happens over and over...
Going into this ... By: nelsonaben. on 05 Apr 12, 02:01:50 Going into this debate, I thought I would be disagreeing with Dr. Patzek quite a bit. He actually surprised me with his honesty and practical solutions, unlike so many eco-nuts on the left. He wasn't sugar-coating new, potential technologies, nor was he shaming everyone with a siren-song about how we're all guilty for being human and destroying the planet. Conservatives and practical people need to embrace his message about our unsustainable,? unhealthy, and anti-social lifestyle.
John Hofmeister, ... By: boodejan. on 25 Feb 12, 20:25:40 John Hofmeister, President, Citizens for Affordable Energy get the oil out of? the ground as fast as we can - strength through exhaustion?
Dr. Tadeus? Patzek, ... By: boodejan. on 25 Feb 12, 20:24:20 Dr. Tadeus? Patzek, Chair, Petroleum and Geosystems Engineering, University of Texas - Austin states at 12.44 we will never run out of fossil fuels. He should be sacked!
Both of these guys ... By: fuggybootnling. on 21 Feb 12, 02:07:49 Both of these guys seem to be missing the EROEI problem - Energy Return on Energy Invested. I think this is incredibly key - even if you start mining shale oil it would return barely enough net energy to justify the task. And? we live in a society that is predicated on having not just available energy, but a healthy surplus per capita to keep things running. That GOING down - no matter how much you Drill Baby Drill.
make power with the ... By: LichtstromMacher. on 20 Feb 12, 14:45:32 make power with the power of the sun only 2 EUR per watt! I am a installer and searching for PV projects worldwide...?
The former ... By: pwoz3. on 18 Feb 12, 11:57:49 The former president of Shell slams "special interests influencing Congress" but neglects to mention that the? oil, coal and gas companies are the major lobbyists and campaign funders along with the banks. He claims that offshore lands and federal lands could grow US oil, but he fails to disclose the facts he knows-- it is a teaspoon compared to the 20-24 million barrels a day of USA oil demand. Patzek gives us the truth: This is just like Iraq 2004. We're in deep trouble without a Plan B.
Count on yourself ... By: MrEnergyCzar. on 18 Feb 12, 04:51:24 Count on yourself to prepare for Peak Oil. I've been doing it for 5 years... it is possible to cut your total energy use by 90% and? still participate in the current world...
MrEnergyCzar
Hofmeister reminds ... By: jimbills. on 18 Feb 12, 04:26:53 Hofmeister reminds me of the Dick Cheney quote, "The American way of life is not negotiable." It sounds good, but it's nonsense.
His suggestions all amount to amazingly expensive and complex tech that (whether they work or not) WILL raise energy prices (which translate into increased burden on the middle and lower classes) and? WILL increase risk to ecosystems (no matter how much risk management is in place - and btw, safety costs extra). It amounts to the same thing as peak oil.
Neither men have ... By: ESTAUST01. on 18 Feb 12, 01:41:50 Neither men have obviously heard of SPINTRONICS. It and Lithium-Air Batteries will solve most of our problems. Companies like WESTERN LITHIUM are probably a good place to park your money. As Jeff Rubin has said, once we reach the full effects of PEAK OIL the ever increasing cost of marine bunker fuel will? simply destroy any price advantage of the South American Brines.
That was supposed ... By: aangel100. on 17 Feb 12, 22:45:31 That was supposed to? be the "500 largest" fields, from which we get 2/3 of our oil.
For an accurate ... By: aangel100. on 17 Feb 12, 22:45:01 For an accurate view of our future, google "german military peak oil report english".
Too bad Hoffmeister doesn't understand the geological facts. All those reserves can't make up for the 500 giant and supergiant fields when they decline.
He should read the peer? reviewed paper "Giant oil field decline rates and their influence on world oil production" to understand the situation better.
Agree.Use less, ... By: vtaable. on 17 Feb 12, 18:45:10 Agree.Use less,maybe improve public transportation like where I live in Tx, so won't waste gasoline so much.If countries like china kept its petroleum reserves since a long time ago,bought frm many countries, while Hofmeister thought better to produce more n more.What will happen in the future,say the next 20 years?If we buy later,pricy,maybe no more domestic reserves.Unless we could? be fossil fuel independent use solar/wind/renewable energy, but maybe the cost is still too high.
31:17 through 32:17 ... By: eat9bologna9peasant. on 17 Feb 12, 16:02:48 31:17 through 32:17
"you'll be suprised how much people can achieve? if they start acting alone.."
They agreed that ... By: nielssolar. on 17 Feb 12, 15:28:08 They agreed that there is a lot of oil/fossil fuels, prices are going up, we have to do energy efficiency, we should? go towards a carbon free planet...
They disagree on our ability to get the oil out, and how well governments could work.
I do not see their differences very great.
He? does lie well. By: Weaseldog2001. on 17 Feb 12, 14:20:29 He? does lie well.
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The US is reportedly threatening India with penalties, if it doesn't comply with Washington's sanctions against Iran. India is one of the biggest consumers of Iranian oil, and American officials are quoted as saying they are worried that India may sidestep payment restrictions. RT's Priya Sridhar is in New Delhi. RT on Twitter twitter.com RT on Facebook www.facebook.com
Nice video check ... By: TheRenaissanceYngMan. on 23 May 12, 01:50:01 Nice video check out my blog post "heading for the exit" when the markets crashes it is good to start looking for entry points.?
Video duration: 113 seconds
Global video hits: 4370
The body of former Libyan leader Muammar Gaddafi's oil minister, Shukri Ghanem, has been found in the Danube river in Vienna. Ghanem was one of the first to defect during Libya's revolution. His cause of his death is still unknown. Al Jazeera's Imran Khan reports.
Nice? video check ... By: TheRenaissanceYngMan. on 23 May 12, 01:50:22 Nice? video check out my blog post "heading for the exit" when the markets crashes it is good to start looking for entry points.
Makes? no sense. By: 8098991. on 09 May 12, 06:10:03 Makes? no sense.
let him Die? Son! ... By: MitzvaMobile. on 09 May 12, 05:12:48 let him Die? Son! Every dog has is day!
NO not Zionism, Jew ... By: MitzvaMobile. on 09 May 12, 05:12:31 NO not Zionism, Jew have a small land wake up ! let him Die Son! Every dog has is? day!
You are the ... By: 8098991. on 09 May 12, 02:31:19 You are the conspiracy theorist faggot, Who is finding it hard to digest truth. Oh yeah farmers have to pay taxes? too? You don't know shit.
'wasted our money' How it's your money you begging faggot? And no he never spend his money there.
WTF? Cocksucker..? By: 8098991. on 09 May 12, 02:25:08 WTF? Cocksucker..?
i get paid? me the ... By: mks989. on 08 May 12, 21:23:03 i get paid? me the conspiracy theorist? ur one confused bastard. prove what point? that your an overnight expert on libya and dont know shieeet.. that ALL your info is from some some hippe conspriacy theorist retarded website? make random claims that you cant prove like we never pay tax? that all medical is free? i guess the corrupt western PR company that the gaddafis wasted our money paid off for idiots like? u to believe some random bs.. have fun fantasizing n jerking to dead gaddafi loser
You are one troll ... By: 8098991. on 08 May 12, 14:49:21 You are one troll who hopes to get paid for trolling around, You should know that Corrupt west and NTC has refused to even pay those retards who were killing innocents in Libya, so propaganda conspiracy theorist like you has no chance at all! Libyans are not so illiterate fuck like you..
Thanks for? proving my point btw, looking at how you are not even talking about the topic, Retard!
u fkn hippie troll. ... By: mks989. on 08 May 12, 13:17:01 u fkn hippie troll.. i live in libya and know more about libya and gaddafi u will ever read about on ur stupid hippie websites for fkn losers? like u.. simple minded fag..
The iluminatti will ... By: iwishfreedom. on 07 May 12, 16:52:22 The iluminatti will pursuit you wahtever you go, no safe place? in the wolrd...
Went for a swim ... By: neverfearchrisishere. on 02 May 12, 14:44:05 Went for a swim after accidentally shooting himself in the head 3 times.?
I? think he might ... By: UniversalHourglass. on 01 May 12, 13:16:00 I? think he might have drowned...
Corrupt? I found no ... By: 8098991. on 01 May 12, 08:46:53 Corrupt? I found no evidence? of him having more money than his income... You better provide some Faggot Troll.
Unable? to By: tucker3178. on 01 May 12, 02:42:56 Unable? to
Indeed.? By: 8098991. on 01 May 12, 01:30:11 Indeed.?
nicolas? sarkozy ... By: ervinnelson1. on 30 Apr 12, 20:54:18 nicolas? sarkozy hit-men kill-the-guy.to preserve-sarkozy-image.sarkozy-is-behind-dominque strauss-khan scandals .sarkozy is doing everything so he can-be-relected-sarkozy is a true-criminal
yeah people in ... By: bloodyhawk989. on 30 Apr 12, 18:03:54 yeah people in power just don't drop dead on the side of a damn river like that unless they know something they shouldn't or they are? in the way of very dangerous people
the? guy was ... By: Bander1. on 30 Apr 12, 11:57:55 the? guy was murdered...he pissed off the wrong people.
It's not hard to ... By: oliverlaw02. on 30 Apr 12, 11:38:52 It's not hard to guest what usually? happens to people who lay down with rabies infected rats.
zionists???? By: hejdiklump. on 30 Apr 12, 08:57:41 zionists????
These ministers are ... By: 123VivaDjazair. on 30 Apr 12, 08:12:42 These ministers are key? witnesses of Libyan investments abroad!...If these people disappear ... so do the tracks that lead to the Libyan money invested in Europe and elsewhere... don't forget that the office dealing with corruption was one of the first buildings targeted by NATO bombing.
lol he was drunk ... By: 14842. on 30 Apr 12, 07:45:17 lol he was drunk and fall in to? the river
Not surprising. ... By: helix4811. on 30 Apr 12, 07:35:45 Not surprising. This is how all the former members of Libya's government are? gonna 'disappear'...
inorite?? By: helix4811. on 30 Apr 12, 07:35:05 inorite??
thats what happens ... By: mks989. on 30 Apr 12, 07:13:13 thats what happens to corrupt guys. this man sophisticated n increased the amount of money being stolen in libya. he was on of the few smart ones. all that money he stole meant nothing in the end. austrian companies were known for their corruption n theft in libya and it was all because of this guy's connection to there. this might have been done by some powerful ppl. maybe he knew too much about the corruption that some powerful austrians saw? him as a potential snitch now that he lost his power
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ww.ntv.co.ke The government now says the oil deposits in Turkana are a lot more promising than earlier thought. A new report from Turkana also suggests that the oil is of better quality than that found in Ghana and Uganda. And as Rita Tinina reports, the company involved in the exploration, Tullow Oil has now spread its net much wider.
... By: Msapere. on 14 May 12, 00:26:23 hahahahahhahahahahahhahahahhahahahahhahahaha?
Kenyan Turkanas are ... By: sowhathefuss. on 10 May 12, 03:46:04 Kenyan Turkanas are prettier? as well.
if u google the ... By: matayo71. on 09 May 12, 07:45:58 if u google the turkana tribe history u will also find that they immigrated from karamoja? in eastern uganda to this area. They r the rightfull owners of this land and the oil. kenya has always marginalized and impoverished them. Now we will encourage them to break away from kenya and rejoin uganda with all the oil. And if kenya mess abt with us, ugandas mighty military under general museveni will smash you to pieces and even go all the way to nairoberry. STEP ASIDE WEWE
Lookie here you ... By: G00DTIME2. on 09 May 12, 07:36:20 Lookie here you greedy fuck,? wanna live in the colonial era.....build a fucking time machine. Dont taint Uganda's image with your tomfoolery. Grow up and the help the continent or stand down.
fucking cunt come ... By: kimaniking1. on 09 May 12, 06:15:41 fucking cunt come and? we will teach u a lesson u will never forget
Please help me ... By: WaryaaMoxamad. on 09 May 12, 05:03:39 Please help me spread this message like a wildfire!! We are just two well educated generation from truly breaking away from the ignorance that traps us in eternal poverty while the resources of the land is shipped to Europe? by the boat loads.....Our continent is drowning in resources. We are not short on people, we are short on proper institutions and government seeded industries.
The quality of life ... By: WaryaaMoxamad. on 09 May 12, 05:01:13 The quality of life in a population? is not measured by how? much resources they have, the real wealth of a nation comes from cultured and educated populace. By having the kind of people who rather attend to their garden and do their own research rather than entertaining archaic emotions.
Dear African leaders, just one thing please: Invest in education for our people. CULTURED, EDUCATED & REFINED POPULATION IS WHAT THE CONTINENT IS LACKING... Not resources, we are drowning in resources!
you have made my ... By: williamlijuma. on 09 May 12, 00:52:26 you have made my day ..... contradictory statements? ....
Grand corruption, ... By: robotnic101. on 09 May 12, 00:00:28 Grand corruption, that is all the oil? will bring.
Uganda belongs to ... By: Maweresistance. on 08 May 12, 23:38:30 Uganda belongs to Luo's. The Baganda etc can? go back to Congo forest or the south where they immigrated from.
hahahaha that ... By: M45Sebring. on 08 May 12, 15:10:39 hahahaha that means? all dholuos, kisiis, luyhas are ukandans hahaha damn NRA rebels pretending to be Kenyans
kumbavu wewe? enda ... By: M5IAN. on 08 May 12, 12:57:08 kumbavu wewe? enda ukakule mavi
you? are normal ... By: siyu313. on 08 May 12, 11:45:49 you? are normal right?
hey, wait a sec, ... By: matayo71. on 08 May 12, 08:58:19 hey, wait a sec, this turkana area is part of uganda territory and was given away to kenya by the british. That oil is ours, ugandan oil kabisa. You want to prove it, you can google, BRITISH EAST AFRICA MAP. Thats why in 1973 president idi amin wanted to take back our land from kenya. Im sick and tired of kenya occupying our God-given land. When we finish to kick al shabab ass in somalia, we will invade kenya to take back our land. Mr.? Oginga u better not dig up our oil or u will be sorry.
Ah...now we are ... By: omera26. on 08 May 12, 06:22:37 Ah...now we are going back to? the first questionand again, the answer is still the same. The deposits in UG (and Ghana) were discovered ages ago and they have had enough time to put the infrastructure in place to (almost) start extracting it...the discoveries in Kenya were discovered barely a month ago. It takes years from the time of discovery to put all the necessary infrastructure in place to exploit oil deposits...ama ulitarajia tuchote na ndoo?
Murungi's voice is ... By: surambaya. on 08 May 12, 05:39:43 Murungi's voice is like the the wind blowing through a haunted house in a horror movie; you know something's coming, you know it's going to be bad but you sit still hoping for a miracle. Then, ka-boom!!! Al Shabab blows up a couple of oil wells and we are off to the? races....
Well said. We ... By: surambaya. on 08 May 12, 05:36:49 Well said. We couldn't manage with? the few resources we have and now we have the Dutch Disease coming down the pipeline, and a real possibility that Kenyans will once again elect thugs.
No subsaharan ... By: olegaita1. on 08 May 12, 01:35:24 No subsaharan African nation has ever been organized around natural resource discovery .The only closest success story is Botsawana with its Diamonds.I am very skeptical whether this Oil will ever help Kenya given that we have some of the greediest Human Beings on this Planet here in Kenya.And not only that the tribes are also excruciatingly backward that it is not farfetched to have them Run Amok chasing others from their land or talking of? secession.Something is just terribly wrong with us.
Tullow oil also? ... By: Waiswa1. on 08 May 12, 01:23:02 Tullow oil also? claimed the quantities were bigger.
Hahaha,I can't help ... By: olegaita1. on 08 May 12, 01:10:40 Hahaha,I can't help laughing,you're just a funny man.But I will try to decipher what I understand though.Raila said the Oil found? in Kenya has a better quality and not better quantity.
Kenya will become ... By: roughko. on 08 May 12, 00:27:35 Kenya will become more miserable with this drug barons? and anglo fleecing thieves banking our oil money in swiss banks. Honestly,without proper and transparent govt. That oil will only help one community ! WATCH !
Hawa? wezi ... By: MyKenya101. on 07 May 12, 23:37:36 Hawa? wezi watatuibia mafuta and it's returns,I'm not excited about it.
Thanks bro. You've ... By: Waiswa1. on 07 May 12, 23:02:46 Thanks bro. You've definitely cleared the air.? Makes more sense now.
I know its very ... By: rashaenka. on 07 May 12, 22:51:06 I know its very misleading,but here goes.Its the oil bearing reservoir that is vertically "much greater" at a combined 100m (so far).How widely the reservoir is spread horizontally(diameters) is still? a mystery.Its a tall bottle/short bottle kind of situation.
With my small brain ... By: Waiswa1. on 07 May 12, 22:39:25 With my small brain, let me try and pose the question in simpler terms. If Kenya has deposits that are much greater than those in Uganda and Ghana, and the deposits in Ug and Ghana are already commercially viable, how? is it that Kenya's own deposits are not yet commercially viable?
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It's turmoil in the Arab world that's now threatening a bigger blow to the global economy, than the crisis in the Eurozone. The IMF Chief Christine Lagarde has warned that escalation of the situation with Iran, for example, could drive oil prices above 160 dollars a barrell. Let's now talk to RT's Peter Oliver. RT on Twitter twitter.com RT on Facebook www.facebook.com
Video duration: 222 seconds
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Me and Tom testing out the ECONO CAN on pistols, rifles, and FULL AUTOS!! Check out our websites at www.AmericanSpecialt yAmmo.com www.CadizGunWorks.co m
![Iraq\](http://i.ytimg.com/vi/1rA9SJPRSuw/2.jpg "Iraq\")
![Ex-Libyan oil minister\](http://i.ytimg.com/vi/597QaOMLsVg/2.jpg "Ex-Libyan oil minister\")
![Kenyan oil superior to Uganda\](http://i.ytimg.com/vi/1dK3DGLv1l8/2.jpg "Kenyan oil superior to Uganda\")
Latest comments made on this video:
By: bikestu. on 25 May 12, 13:54:17
I Try to talk to people about? this subject and you wont believe how many people have no idea and dont seem to care, i blame pollitions for this,,, short term thinking maybe.
By: TheRenaissanceYngMan. on 23 May 12, 01:48:11
Nice video check out my blog post "heading for the? exit" when the markets crashes it is good to start looking for entry points.
By: nickbobj321. on 22 Apr 12, 13:20:54
Its? funny how the guy who just wants more oil says theres oil everywhere, when all that would do is deplete all reserves quicker. And the engineer says that there is no oil and its depleting, which seems more likely. Also he does not make it political and spews facts not nonsense.
By: nickbobj321. on 22 Apr 12, 12:56:20
Well no offence but a few people wont deminish its demand and its depletion. Also the price is controled buy fianacial speculation not price discovery, you? would be right if this market was free but it is not.
By: Scottleewebbdotcom. on 18 Apr 12, 22:36:48
Boycott? buying fuel till these companies lower their prices!
By: izaccy. on 15 Apr 12, 09:40:54
By the way Hofmeister says they should have a regulatory independent group of people to plan our oil, because politicians are bought something im sure he as a former CEO of Shell knows a lot about. But then he goes on to say that the independent group will be elected by the Politicians wait a minute? so if the corrupt politician chooses those who should be on the independent committee then whats the difference ? wtf..
By: izaccy. on 15 Apr 12, 09:29:56
Is amazing how both of them remained unbelievably tight lipped about burning carbon emissions and the climate change. They talked about the potential impact on the environment a little? bit due to moving closer to where people live, but NASA´s study on climate change is shocking and it can permanently damage the earth. By the way the government spends billions to artificially keep the oil prices down through oil subsidies, didnt mention that either.
By: izaccy. on 15 Apr 12, 09:21:20
Hofmeister got an incredible naive way of thinking about Oil prices, he thinks is like a cash of gold that is hanging from the trees, and? we should get them before the chinese or the indians do, If only it was that easy.
By: TheChristianRight09. on 08 Apr 12, 02:15:57
The US has a? 100 plus year supply of natural gas,oil matters not in the long run.................CNG verses oil is like Red Box verses Block Buster....Any product or service can price its self out of the market....It happens over and over...
By: nelsonaben. on 05 Apr 12, 02:01:50
Going into this debate, I thought I would be disagreeing with Dr. Patzek quite a bit. He actually surprised me with his honesty and practical solutions, unlike so many eco-nuts on the left. He wasn't sugar-coating new, potential technologies, nor was he shaming everyone with a siren-song about how we're all guilty for being human and destroying the planet. Conservatives and practical people need to embrace his message about our unsustainable,? unhealthy, and anti-social lifestyle.
By: boodejan. on 25 Feb 12, 20:25:40
John Hofmeister, President, Citizens for Affordable Energy get the oil out of? the ground as fast as we can - strength through exhaustion?
By: boodejan. on 25 Feb 12, 20:24:20
Dr. Tadeus? Patzek, Chair, Petroleum and Geosystems Engineering, University of Texas - Austin states at 12.44 we will never run out of fossil fuels. He should be sacked!
By: fuggybootnling. on 21 Feb 12, 02:07:49
Both of these guys seem to be missing the EROEI problem - Energy Return on Energy Invested. I think this is incredibly key - even if you start mining shale oil it would return barely enough net energy to justify the task. And? we live in a society that is predicated on having not just available energy, but a healthy surplus per capita to keep things running. That GOING down - no matter how much you Drill Baby Drill.
By: LichtstromMacher. on 20 Feb 12, 14:45:32
make power with the power of the sun only 2 EUR per watt! I am a installer and searching for PV projects worldwide...?
By: pwoz3. on 18 Feb 12, 11:57:49
The former president of Shell slams "special interests influencing Congress" but neglects to mention that the? oil, coal and gas companies are the major lobbyists and campaign funders along with the banks. He claims that offshore lands and federal lands could grow US oil, but he fails to disclose the facts he knows-- it is a teaspoon compared to the 20-24 million barrels a day of USA oil demand. Patzek gives us the truth: This is just like Iraq 2004. We're in deep trouble without a Plan B.
By: MrEnergyCzar. on 18 Feb 12, 04:51:24
Count on yourself to prepare for Peak Oil. I've been doing it for 5 years... it is possible to cut your total energy use by 90% and? still participate in the current world... MrEnergyCzar
By: jimbills. on 18 Feb 12, 04:26:53
Hofmeister reminds me of the Dick Cheney quote, "The American way of life is not negotiable." It sounds good, but it's nonsense. His suggestions all amount to amazingly expensive and complex tech that (whether they work or not) WILL raise energy prices (which translate into increased burden on the middle and lower classes) and? WILL increase risk to ecosystems (no matter how much risk management is in place - and btw, safety costs extra). It amounts to the same thing as peak oil.
By: ESTAUST01. on 18 Feb 12, 01:41:50
Neither men have obviously heard of SPINTRONICS. It and Lithium-Air Batteries will solve most of our problems. Companies like WESTERN LITHIUM are probably a good place to park your money. As Jeff Rubin has said, once we reach the full effects of PEAK OIL the ever increasing cost of marine bunker fuel will? simply destroy any price advantage of the South American Brines.
By: aangel100. on 17 Feb 12, 22:45:31
That was supposed to? be the "500 largest" fields, from which we get 2/3 of our oil.
By: aangel100. on 17 Feb 12, 22:45:01
For an accurate view of our future, google "german military peak oil report english". Too bad Hoffmeister doesn't understand the geological facts. All those reserves can't make up for the 500 giant and supergiant fields when they decline. He should read the peer? reviewed paper "Giant oil field decline rates and their influence on world oil production" to understand the situation better.
By: vtaable. on 17 Feb 12, 18:45:10
Agree.Use less,maybe improve public transportation like where I live in Tx, so won't waste gasoline so much.If countries like china kept its petroleum reserves since a long time ago,bought frm many countries, while Hofmeister thought better to produce more n more.What will happen in the future,say the next 20 years?If we buy later,pricy,maybe no more domestic reserves.Unless we could? be fossil fuel independent use solar/wind/renewable energy, but maybe the cost is still too high.
By: eat9bologna9peasant. on 17 Feb 12, 16:02:48
31:17 through 32:17 "you'll be suprised how much people can achieve? if they start acting alone.."
By: nielssolar. on 17 Feb 12, 15:28:08
They agreed that there is a lot of oil/fossil fuels, prices are going up, we have to do energy efficiency, we should? go towards a carbon free planet... They disagree on our ability to get the oil out, and how well governments could work. I do not see their differences very great.
By: Weaseldog2001. on 17 Feb 12, 14:20:29
He? does lie well.