Ah, yeah regional peaks were shown as text but not discussed if I remember correctly. What I really mean was the concept of ?global peak? wasn?t really covered (unless I nodded off for a moment!
Bandidoz wrote:And ?1.33 per litre petrol in 2016? A tad optimistic methinks....
Assuming they are talking about 2006 pounds (10 years of 2-3% inflation alone would get us to ?1.33) and the tax system remained the same then this is how a ?1.33 per litre price would be made up:
19.8p VAT
47.1p Duty
66.1p Product
Today we pay ~35p product so they are really talking about a doubling of price. Only doubling over the 10 years, optimistic I expect - UNLESS global depression reduces demand by more than geology/politics reduces supply thus creating an effective surplus.
I thought it was clever. Not so alarmist as to be dismissed as sensational fear mongering, but still with enough clues and suggestions to make people imagine what life might be like when oil gets scarce.
The vicious beating of the old guy at the petrol station was meant to indicate, I think, how brutal people might become towards each other. In my view, the thieving, hoarding and selfishness were a bit downplayed in the programme. It seems highly likely that an oil crunch (if there are fuel shortages, power cuts and food shortages for more than a week) will lead to massive panic buying and hoarding early on, then looting, riots and widespread thieving from homes soon after. If you and your family were starving would you go out and steal food?
The facts and figures side was done at about GCSE level and in a bite-size manner. I suppose most people who knew nothing about ?Peak Oil? would have got the gist of the situation from what hard information was presented, and perhaps many of those might look to the Net for more detailed information. There was not much to learn by those who already know the basics of ?Peak Oil?.
caspian wrote:It'll almost certainly get shared pretty soon on the excellent UKNova.
Haha, yes indeed. It has appeared there today for anyone (like me) who hasn't seen it. Be warned though, you need to sign up and wait 24 hours before it'll let you download.
Errr, I didn't watch this one- set the VCR to record it and my flatmates buggered it up. The signup link for UKNova seems to be knackered too. Anyone know where else I can get it? Or would anyone be willing to send me a video through the post? I'll be really happy if you do... PM me if you feel like it
simonrichards912 wrote:Replace the date of 2016 with 2006 and the prices look more realistic
Wow, you think we'll see $160 / barrel this year?
Looking at the long term trends for the last few years, $160 looks very unlikely.
Only a SHTF scenario could bring that on - like Dubya bombing Iran and the Iranians responding by sinking all the shipping in the Straits of Hormuz using the very capable ground and ship based misiles that we know they possess. That would definitely send the markets into the superspike region
Hopefullly there are still a few sane voices in America with enough pull (i.e. rich enough ) who can restrain Dubya from an act which would equate to the American economy sticking a pistol in its own mouth and pulling the trigger. For instance the owners of Wal-Mart (five of the ten richest people in America) would not be be happy. Wal-Mart is already suffering from the current run up in petrol and diesel prices, as road transportation in the USA is one of it's major cost factors
