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Crash Course: Chapter 17a - Peak Oil by Chris Martenson

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Chapter 17a - Peak Oil: 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

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: ChrisMartensondotcom

Length: 17:53
Rating: 4.9115043
Views: 79918

Tags: finance  financial  crisis  economy  economic  crash  course  collapse  depression  1929  peak  oil  renewable  energy  stock  market  exponential  money  fiat  currency  gold  silver  inflation  iraq  war  bailout  bernanke  chris  martenson  ron  paul  

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Video Comments

professornuclearbomb (November 30, 1999 at 12:00 am)
Nuclear is not bad; it is improving. There is a reactor design that can't melt down, for the hotter it gets, the slower the nuclear reactions take place, releasing less heat.
PeakPetro (November 30, 1999 at 12:00 am)
Great information we enjoyed your video
kloneo (November 30, 1999 at 12:00 am)
dude very good series, people should watch this so they KNOW instead of BELIEVE whats on cnn or fox. Its just arithmetic. However i must not that peak oil does indeed not mean you are running out of oil, but while consumption goes up (plastics use, chemicals, complex medicine) discovery does not. Some deep water , antartic supply will not offset the asian increased demand so relative supply will decline. Unfortunately solar/wind energy is just not up to standards for economic exploitation
collapsewithme (November 30, 1999 at 12:00 am)
And the wolf will dwell with the lamb, And the leopard will lie down with the young goat, And the calf and the young lion and the fatling together; And a little boy will lead them.
collapsewithme (November 30, 1999 at 12:00 am)
the problems of mankind are becoming manifest
walter0bz (November 30, 1999 at 12:00 am)
oil makes humans, not the other way round
ogwazzo (November 30, 1999 at 12:00 am)
@sparkloweb We have algae plants on the shores of san francisco.
VolcanicPenguin (November 30, 1999 at 12:00 am)
@kalebknecht I think this is the underlining reason for why the economy is declining in the first place.
mintoo2cool (November 30, 1999 at 12:00 am)
what about antartica and africa and australia ... surely there ought to be lotsa oil there? so many lions and elephants and kangaroos and penguins have been dieing form such a long time.. we should drill the shit outta those 3 continents
kalebknecht (November 30, 1999 at 12:00 am)
What a wonderful thing to happen around the same time as an already declining economy. At the VERY worst, it could lead to the decline of America. Ancient Rome had similar problems (declining economy, famine, leaders could do nothing about it). At best we turn into an Amish-like country, where we ride around on bikes (which could also somewhat solve the obesity problem America has?) more actual labor would be used, and a few people would move to other countries. Hm.

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