This video covers a comprehensive discussion on Peak Oil, starting with an evidence review and Q&A session. John Peach’s presentation follows, leading to discussions on the International Energy Agency (IEA), relevant studies, and their implications for Hawaii. The focus then shifts to transportation modes, particularly water transport, and the concept of relocalization. Inflation, currency issues, and resources for understanding Peak Oil are explored. Tesla’s Master Plan Part 3 is highlighted, followed by a look into billionaire bunkers. The session concludes with discussions on weather/climate, future timelines, the concept of a collapse group, rural crime, and closing remarks.
00:00 – Intro
00:14 – Peak Oil Evidence Review Presentation
Copy of slides:
07:37 – Questions
13:07 – John Peach Presentation
Copy of slides:
29:17 – Questions
33:20 – IEA
35:20 – What to study?
40:15 – Simon Study for Hawaii
53:00 – Transport
1:00:00 – Water Transport
1:04:50 – Relocalization
1:09:50 – Inflation
1:16:00 – Currency
1:21:00 – Resources for Peak Oil
1:27:15 – Tesla Master Plan Part 3
1:31:05 – Billionaire Bunkers
1:42:17 – Weather/Climate
1:53:11 – Timelines
1:59:00 – Collapse group
2:05:00 – Rural Crime
2:08:13 – Closing Remarks
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2023 Peak Oil Chat with Simon Michaux
As we continue to navigate the challenges of a rapidly changing world, the topic of peak oil has become increasingly relevant. I recently had the opportunity to sit down with Simon Michaux, an expert in the field of peak oil, to discuss the implications of this phenomenon and its potential impact on various aspects of our lives.
Peak oil refers to the point at which the maximum rate of global petroleum extraction is reached, after which the rate of production begins to decline. This concept has been the subject of much debate and speculation in recent years, as we grapple with the implications of diminishing fossil fuel reserves.
During our conversation, Simon shared his insights on the potential consequences of peak oil, particularly in relation to Hawaii. He explained that the state’s heavy reliance on imported oil for energy production makes it particularly vulnerable to the effects of declining oil reserves. As such, Hawaii may face significant challenges in maintaining a stable and affordable energy supply in the years to come.
One of the key issues that we discussed was the potential impact of peak oil on inflation. Simon explained that as the cost of oil continues to rise due to diminishing reserves, the price of goods and services that rely on oil for production and transportation is likely to increase as well. This could lead to higher overall inflation rates, making it more difficult for consumers to afford basic necessities.
In addition to the economic implications, Simon also touched on the topic of billionaire bunkers – a phenomenon that has gained attention in recent years as ultra-wealthy individuals seek to protect themselves from potential societal upheaval caused by factors such as peak oil. He noted that while it is understandable that people may want to ensure their safety in uncertain times, the growing popularity of billionaire bunkers raises important questions about inequality and the distribution of resources in the face of global challenges.
Finally, our conversation also delved into the potential impact of peak oil on the environment and weather patterns. Simon discussed the need for greater investment in renewable energy sources and the importance of transitioning away from fossil fuels in order to mitigate the effects of climate change. He emphasized that peak oil serves as a stark reminder of the finite nature of our planet’s resources and the urgent need for sustainable solutions.
Overall, my discussion with Simon Michaux shed light on the complex and far-reaching implications of peak oil. As we look to the future, it is clear that this phenomenon will have profound effects on various aspects of our lives, from energy production and inflation to societal dynamics and environmental sustainability. It is crucial that we continue to engage in conversations and take action to address these challenges in a proactive and collaborative manner.
FINALLY – WHY DOES HAWAII NEED TO GIVE UP THEIR TOURISM AGAIN? Only 5% of oil goes to HEAVY FUEL for SHIPPING.
There are 55,000 cargo ships in the world. 40% of them move fossil fuels, so at the end of the energy transition we will not need them which brings the total down to 33,000 ships. Some think that an Overbuild renewables grid will have SO much super-cheap ‘Super-power’ (Tony Seba) that industry will be able to manufacture all the e-fuels we need for shipping as well as higher grade jet fuels for airlines.
Others think we’ll use tiny ‘nuclear batteries’ like the tiny 20 MW reactors from “Last Energy”. Three of these will power a large ship. https://en.wikipedia.org/wiki/Last_Energy Apparently nuclear ships also go 30% faster, cutting another third of the fleet – so we’re down to 22,000 ships. (The steel from scrapping and recycling all these 33,000 ships would provide an equivalent steel for 2030’s wind industry deployment – enough for over 4 years supply.)
Of course peak oil is geology 101 but I remember being told to get out of Sydney because the oil was going to peak in 2011 and everything would be Mad Max by 2015. And the data looked good then too! It's just so hard to measure when there are so many categories, so many completely mysterious nations with opaque data, and the fact that the IEA says peak oil DEMAND is going to hit by 2026. Remember – EV's as a percent of global car sales the last 3 years is 5%, 9%, 14%. What will they be this year? And how long before that really begins to bite? Have any of you seen the big oil company reports on how they're planning to PIVOT from gasoline and (eventually) diesel into producing other products like mainly chemicals, plastics, and jet fuels because they know the EV era is finally here?
Wait… We are still in 2023? Groundhog day!
Amazed on the array of data and insight given here in this video from the staff here.
Keep up the good discussions and this channel should be broadcast to the general population???but that would cause a stock market crash.
We can't handle the truth..
As Simon and others here pointed out.
Thank you
Hey Im from Ireland. On the next peak oil chat can ye chat about Ireland like ye did Hawaii? We're very heavily dependent on oil. We have decent wind resources. Transport system heavily FF dependent. Agriculture mainly beef and dairy. Would love yer opinion.
Doombergs last 2 posts are about how there's many decades of oil left. Who are we to believe?
I have a request about "peak oil". Please have a look at DOOMBERG (a very credible source in spite of the name) who writes on what they term the "peak oil myth" (as does Vaclav Smil). They have a different take on this very important matter. Chris Williamson has pushed back on Doomberg. They re-define "oil" as anything that reaches refineries. So they include natural gas liquids because they can be refined and give back jet fuel among other things (but I'm not clear on the details). Can you do a show on just evaluating their claim? Thanks.
One other research must be looked into is submarine volcanoes also another heating element to our cooking oceans?
This is why I live on the banks of the Mississippi with its rail system along side it, and less than an hour from Mayo Clinic, in the heart of farm country.
It is a shame this post devolved into a survival discussion. Our group has been investing in oil, and talking about peak oil production for years; it's a serious issue that needs to be addressed. There is a lot of push back in the investment community (a.k.a MAGA: drill-baby-drill), so when you put your "tinfoil' hats on and go outside the facts of peak oil it does the cause a disservice. Unfortunately, we will be pumping oil for decades to come. Yes, conventional onshore peaked years ago, but ultra-deep, tight-oil (outside U.S), Orinoco and tar sands have, and can continue to backfill for some years to come. We see 2040 production at 60-70 Mbbls/d. Below are some of our peak oil field "stars", hope it helps:
Ghawar peaked (5.7 Mbbl/d to 3.5 Mbbl/d); Samotlor peaked (3.2 Mbbls/d to 750 Kbbls/d);Burgan peaked (2.4 Mbbl/d to 1.2Mbbl/d); Romashkinskoye peaked (1.65 Mbbls/d to 300 Kbbls/d); Gachsaran peaked (1.2 Mbbl/d to 560Kbbl/d); Bolivar Coastal (it's Venezuela, it’s a mess!); Safaniya peaked (1.5 Mbbl/d to 1.3 Mbbl/d). Prudhoe Bay peaked (1.5 Mbbl to 300 Kbbl/d);Diqang peaked (1.1 Mbbls/d to 550 Kbbl/d); Cantarell peaked (1.16 Mbbl/d to 300 Kbbl/d); Marun (1.3 Mbbl/d to 350 Kbbl/d); Agha Jari peaked (1 Mbbls/d to 170 Kbbls/d) and Thistle which was mismanaged.
In an integrated city network you don't need a ton of trucks. Rethink everything in terms of auravana project habitats.
Thank you for gathering together with this discussion…most enlightening and seems we may have less than a decade of BAU or until the missiles are released …choose your poison..
So, the best we can do is cherish the days we have with each other
Simon is wrong, a self sufficient community that has bunkers is part of the solution. You guys need to get some of the ideas from preppers, some of your own teams ideas and design a community of several thousand with skills to survive indefinitely.. It is time to take action, not talk about it. I don't mean protest, I mean build a new town/ country, before it is too late to do so.
Why at 1hr 49 did iver say earth can’t survive being like in days of dinosaurs again? Why not ? He didn’t say
You can't do it until you need to. The ecomomics don't work while your neighbour can utilise fosil fuels…
Good luck to us all.
Hey wait, who has a numbers on a refined barrel of shale oil. A "conventional" barrel of oil produces about 19 gallons of gasoline, but that's with a whole lot of cracking and reforming going on during the refining process. Is John Peach proposing that a shale barrel gives you much more gasoline with out all that reforming and cracking effort. If so, how much gas are they pulling out of a barrel of shale?