| Discussions about energy supplies have
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| | will be 2007 while others predict a
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| come front and center these days. While
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| | future date. While the debate of when
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| many debate the amount of oil we have
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| | peak oil production will occur is
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| left, fewer discuss what happens when we
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| | interesting, a second important question
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| pass our peak production.
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| | is what happens after it?
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| Oil, oil, oil. It seems you can't turn
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| | There are many studies and scenarios
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| left or right without having the subject
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| | regarding our world after we start seeing
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| come up. The reason, of course, is oil is
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| | a decrease in oil production. None of
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| a fossil fuel that forms the energy basis
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| | them are pretty. At first glance, you
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| for most of the things in our lives. On a
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| | might think we would see a gradual
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| more practical basis, one can hardly be
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| | decline in prices and supply that
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| surprised that many of the political and
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| | parallel the decrease in production. The
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| military conflicts in the world revolve
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| | studies do not support this. Instead,
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| around countries with oil reserves. While
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| | issues like panic, conflict and price
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| somewhat cynical, there is little dispute
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| | speculation paint a very ugly situation.
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| that Kenya is not exactly a hot spot at
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| | First and foremost, we will see a sudden,
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| the moment.
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| | unpredicted impact from declining oil
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| When discussing oil, much of the focus is
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| | production. The change will literally
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| on supply issues. Simply put, who has it?
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| | come upon us in a matter of days and
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| How much do they have? How long will all
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| | weeks, not months and years. Making
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| of it last? Will it be made available to
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| | matters worse, our current research into
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| the world freely, to wit, who controls
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| | alternative energy sources offers little
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| it? All are valid and important
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| | relief. At current levels, it will take
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| questions. One question that doesn't get
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| | between 10 and 20 YEARS to replace the
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| much attention is what happens when we
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| | oil supply with other energy sources.
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| start to run out of it?
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| | Obviously, such a gap will lead to a
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| More than a few scientists have tried to
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| | disaster. The studies predict failing
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| estimate when world wide peak oil
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| | economies, massive political unrest and a
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| production will occur. Much of the
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| | potential breakdown of basic civil
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| discussion focuses on the Hubbert Curve
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| | society. In short, it is going to be bad.
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| which has accurately predicted past peak
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| | Whether we want to admit it or not, the
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| oil production for specific areas. The
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| | world is changing around us. One of the
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| problem in predicting when world wide
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| | most important aspects of that change is
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| peak oil production will occur is people
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| | oil production is going to hit its peak
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| apply different numbers to the formula
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| | and then decline. When it declines, we
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| that determines the curve. Some feel it
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| | better be ready to deal with it.
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