Life after the oil crash

[Doch]

I wanted to know if anyone has taken a look at this site before:

http://www.lifeaftertheoilcrash.net/

[Astralopithicus]

Man that was a terrifying read, looks like we're all in for a pretty grim future, it's downhill from here ...  :confused:

[Doch]

I saw how bad fuel prices were in New Zealand a few months back. A barrel of oil almost topped $75 US this week. Stay tuned...

[malganis]

http://en.wikipedia.org/wiki/Abiogenic_petroleum_origin

The hypothesis of abiogenic petroleum origin holds that petroleum is formed by non-biological processes deep in the earth's crust and mantle.

It contradicts the more widely-held view that petroleum is a fossil fuel produced from the remains of ancient living organisms.

This hypothesis dates to the 19th century, when the French chemist Marcellin Berthelot and the Russian chemist Dmitri Mendeleev proposed it, and was revived in the 1950s.

The modern scientific consensus on abiogenic petroleum is that there is evidence for it being possible to produce petrochemicals according to the mechanisms proposed in the hypothesis. Some direct evidence from certain locations can only be explained as abiogenic production of petroleum compounds. However, most modern geologists do not support the hypothesis that abiogenic sources of oil can account for the vast majority of petroleum deposits within the Earth.

A variation of the abiogenic theory includes alteration by microbes similar to those which form the basis of the ecology around deep hydrothermal vents. The deep biogenic petroleum theory proposes, mostly after the work of Thomas Gold, that the ''deep hot biosphere'' may be the source of some petroleum products and biomarkers.

One prediction of most abiogenic theories is that other planets of the solar system or their moons have large petroleum oceans, either from hydrocarbons present at the formation of the solar system, or from subsequent chemical reactions.

more... http://en.wikipedia.org/wiki/Abiogenic_petroleum_origin

i find this theory much more believable. But it seems that theory does not benefit the interests of oil corporations. If there is no peak oil they could not excuse the high prices.

But on the other hand we are more eager to find new cleaner energy sources if we think oil is going to run out.

[Doch]

http://www.peakoil.com/gate.html?name=Forums

A good number of people believe that the world's current lack of refining capacity is essentially signaling a peak of sorts. If the current price rises are truly reflective of this, then the ramifications will be unprecedented.

Is Peak Oil really here in 2006?