A powerful, balanced introduction to what happens when the world’s oil production goes into decline. Later videos look at the impacts on Australia in particular, other global stresses such as our unstable economic system, and how best to prepare for the coming changes. These videos are all part of the Be Prepared Crash Course from http://www.BePreparedEducation.com.au
Duration : 0:8:56
Chapter 17b – Energy Budgeting (1 of 2): Petroleum has supplied the surplus energy that has allowed for social complexity, industrialization, and the modern conveniences that we enjoy. In this chapter, Dr. Chris Martenson explains that in the future our supply of surplus energy will decline due to the fact that increasing amounts of energy will be required to produce new energy. When poor net energy (ERoEI) returns are paired with peak oil production, it points to a return to a less complex society.
http://www.chrismartenson.com
Duration : 0:6:48
Feb. 11 (Bloomberg) — Christopher Hartland-Peel, an analyst at Exotix Holdings Ltd., talks with Bloombergs Margaret Brennan about the potential implications of crude oil production for the economies of the sub-Saharan African countries of Ghana and Uganda.
Hartland-Peel, speaking from London, also discusses some of his stock recommendations and the outlook for interest rates. (Source: Bloomberg)
Duration : 0:4:44
Dec. 30 (Bloomberg) — Ben Westmore, an energy and minerals economist at National Australia Bank Ltd., talks with Bloomberg’s Haslinda Amin about his forecast for the price of oil.
Westmore, speaking from Melbourne, also discusses the outlook for copper and China’s metals production. (Source: Bloomberg)
Duration : 0:5:1
Video 2 of… everything you need to know about the world’s limits to oil production. This video introduces the problem. (Split into video 1 & 2 due to YouTube 10 minute limit.) Later videos look at the impacts on the economy, on Australia in particular, and how best to prepare for the coming changes. These videos are all part of the Be Prepared Crash Course from http://www.BePreparedEducation.com.au
Duration : 0:6:9
Everything you need to know about the world’s limits to oil production. This video introduces the problem. (Split into video 1 & 2 due to YouTube 10 minute limit.) Later videos look at the impacts on the economy, on Australia in particular, and how best to prepare for the coming changes. These videos are all part of the Be Prepared Crash Course from http://www.BePreparedEducation.com.au
Duration : 0:7:43
Our global economic system is dependent on a growing energy, and most importantly, oil supply.
Without growth in energy, the money supply can not grow (for long), which leads to a situation where the money supply stops growing, leading to economic recession.
When the USA hit its peak oil production in 1970, there were a series of economic impacts, including recession, abandoning the gold standand, high unemployment, and high inflation.
Global peak oil extraction appears to have happened in the 2005-2008 time frame, and had a large contributing effect on stressing the global economic system to the verge of collapse. The run up in gas gasoline prices during that same era impacted the economic system severely.
The US Government and many others have examined the global peak oil issue and have come to the sobering conclusion that severe economic impacts are inevitable, and we are unprepared.
Future oil prices may be driven up by the stagnant or declining supply, and then collapsing down as economic dislocation occurs.
This is the second part of a 30 minute talk by Aaron Wissner about our Local Future.
Duration : 0:10:5
Chapter 17a – Peak Oil (1 of 2): Energy is the lifeblood of any economy and a steady supply of energy is necessary to maintain the status quo, while an ever-increasing supply is needed to grow an economy. In this chapter, Dr. Chris Martenson explains that Peak Oil is not a theory, rather it is a description of how oil production increases over time, reaches a peak, then declines. Evidence points to a global production peak in the near future, which is troubling since the U.S. imports two-thirds of its oil and relies on it to much of its transportation and food production needs.
http://www.chrismartenson.com
Duration : 0:7:55
Chapter 17a – Peak Oil (2 of 2): Energy is the lifeblood of any economy and a steady supply of energy is necessary to maintain the status quo, while an ever-increasing supply is needed to grow an economy. In this chapter, Dr. Chris Martenson explains that Peak Oil is not a theory, rather it is a description of how oil production increases over time, reaches a peak, then declines. Evidence points to a global production peak in the near future, which is troubling since the U.S. imports two-thirds of its oil and relies on it to much of its transportation and food production needs.
http://www.chrismartenson.com
Duration : 0:10:6
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