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Kuwaiti Scientists Say Peak Oil Will Arrive in 2014

gas2.0 -- New research out of Kuwait, using a new method of calculating the crude oil production potential of 47 of the world’s largest oil producing countries, has found that peak oil — the period in time when oil production reaches a maximum and then begins to decline — will come much sooner than expected… 2014 to be exact.
Peak oil is an important concept to fully understand in our modern world, given that we are so heavily dependent on petroleum products for everything from transportation to plastic. With the onset of peak oil, many expect that governments, economies, and cultures will start systematically collapsing as demand for crude oil overwhelms supply — unless we can do something to wean ourselves off of it before then.

Over the last few decades, much has been debated about peak oil a

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Submitted Mar 10, 2010 By: CiVX

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Rick52 Champion Author Milwaukee Posts:6,260 Points:280,105 Joined:Mar 2005	Message Posted: Mar 11, 2010 9:38:05 AM Ignore Rick52 Report Abuse THEY CAN WIGGLE THE NUMBERS ANY WAY THEY WANT !!!!!!
Bussman Champion Author Dallas Posts:1,627 Points:489,405 Joined:Nov 2008	Message Posted: Mar 11, 2010 12:39:53 AM Ignore Bussman Report Abuse Does anybody really know what time it is? Does anyone really care?...
Z51Corvette Champion Author Austin Posts:4,010 Points:773,545 Joined:Jan 2008	Message Posted: Mar 11, 2010 12:02:32 AM Ignore Z51Corvette Report Abuse Mazdaman can believe what he wants. Kuwait can believe wht they want also. There is more oil in Alaska than 99% of the population realize. The IMF have got the lid on enough oil that would make Saudia Arabia, jealous. More MisInformation to scare the public, pure and simple.
mazdaboy Champion Author Portland Posts:2,822 Points:1,096,650 Joined:Aug 2003	Message Posted: Mar 10, 2010 11:38:32 PM Ignore mazdaboy Report Abuse It's wrong. We are already past peak oil.
JohnJ55 Champion Author Dayton Posts:1,822 Points:923,595 Joined:Jul 2007	Message Posted: Mar 10, 2010 11:38:04 PM Ignore JohnJ55 Report Abuse ethanol is CLEARLY NOT the answer. for now i don't see any winner, but we must keep working on altenatives.
judgemobile Champion Author Ohio Posts:2,593 Points:1,452,175 Joined:Nov 2005	Message Posted: Mar 10, 2010 11:32:05 PM Ignore judgemobile Report Abuse how can this happen in 2014 when according to Mayan calendar, the world will end on Dec 21, 2012 ???
outlaw329 Champion Author Austin Posts:2,622 Points:427,385 Joined:Aug 2008	Message Posted: Mar 10, 2010 11:29:34 PM Ignore outlaw329 Report Abuse How much does kuwait owe us for saving their assess a few years back? Make them pay with oil.
signwiz All-Star Author Indiana Posts:990 Points:902,755 Joined:Feb 2006	Message Posted: Mar 10, 2010 11:29:25 PM Ignore signwiz Report Abuse Let's see, as their oil runs out the Kuwaiti's are actually going to have to go back to doing their own work, instead of hiring others to do EVERYTHING for them.
ChiKid Champion Author Denver Posts:1,858 Points:517,520 Joined:Apr 2008	Message Posted: Mar 10, 2010 11:24:45 PM Ignore ChiKid Report Abuse Another reason to develop alternative and keep conserving.
huskerfan1041 Rookie Author Nebraska Posts:43 Points:34,685 Joined:Oct 2005	Message Posted: Mar 10, 2010 11:22:47 PM Ignore huskerfan1041 Report Abuse Hopefully idiots that post on gasbuddy will finally support ethanol!!!
Buddy2264 Champion Author Tampa Posts:6,415 Points:1,343,440 Joined:Oct 2005	Message Posted: Mar 10, 2010 11:20:29 PM Ignore Buddy2264 Report Abuse I believe easy oil has already come and gone. Peak will begin as we begin using more, unless we have a good alternative, for now that seems to be hybrid. Conservation keeps your money in your pocket.
Jeeputtputt All-Star Author Cincinnati Posts:523 Points:143,675 Joined:Aug 2009	Message Posted: Mar 10, 2010 11:16:26 PM Ignore Jeeputtputt Report Abuse MORE CRAP.
PetroScopper Champion Author Houston Posts:2,087 Points:567,080 Joined:Aug 2008	Message Posted: Mar 10, 2010 11:16:19 PM Ignore PetroScopper Report Abuse That could be true... maybe. However, it doesn't really matter if we continue to work on alternative energy. We should be well on our way to clean energy independence by 2014.
DellMan Champion Author Omaha Posts:1,917 Points:442,925 Joined:Apr 2008	Message Posted: Mar 10, 2010 11:09:29 PM Ignore DellMan Report Abuse There is a simple cure for this. First we need to recycle more plastic and stop putting it into landfills and secondly we need to start drilling our own oil. There is more oil in the Midwest than all of OPEC and the rest of the world combined. We need to vote out the Democrat and RINO's who won't allow drilling and start drilling now.
Lukus Champion Author Halifax Posts:3,304 Points:671,915 Joined:Nov 2007	Message Posted: Mar 10, 2010 11:07:23 PM Ignore Lukus Report Abuse More with the predictions.
Bonito Champion Author Dayton Posts:10,016 Points:2,002,710 Joined:Jun 2004	Message Posted: Mar 10, 2010 10:59:07 PM Ignore Bonito Report Abuse The crap with the Kuwaiti Scientists! They should be asking the Pope. He knows more!
OGW Champion Author London Posts:1,200 Points:635,490 Joined:Sep 2005	Message Posted: Mar 10, 2010 10:55:16 PM Ignore OGW Report Abuse So much of the barrel is now used for plastics and by stopping the use of so much plastic where metal can be used, such as making vehicles would help the situation. For some of the young people, there was a time when good vehicles were actually made out of metal. This would also help the steel mills and mining operations that have and are shutting down. Metal toys lasted for decades as have other products no longer made of metal. With the increased fuel economy in vehicles of today and the switch to more heating with natural gas, there could and should be less dependance on oil.
CarrottopNe Champion Author Lincoln Posts:1,025 Points:367,365 Joined:Jan 2009	Message Posted: Mar 10, 2010 10:52:00 PM Ignore CarrottopNe Report Abuse Is this a scare tactic?
CarrottopNe Champion Author Lincoln Posts:1,025 Points:367,365 Joined:Jan 2009	Message Posted: Mar 10, 2010 10:50:13 PM Ignore CarrottopNe Report Abuse Are These the same scientists who are promoting global warming?
mstearno Champion Author Dayton Posts:3,461 Points:758,935 Joined:Jan 2008	Message Posted: Mar 10, 2010 10:41:30 PM Ignore mstearno Report Abuse wow $5 or more will come with that very very quickly
PDQBlues Champion Author San Diego Posts:2,094 Points:465,750 Joined:Jan 2009	Message Posted: Mar 10, 2010 10:21:29 PM Ignore PDQBlues Report Abuse I thought we had peak, since people no longer can afford gas as much as possible is being produced.