Oil Outlook

January 1st, 2010 | by admin |

Oil suppliers are tightening taps, with Jeff Rubin, CIBC World Markets chief economist. His views are very similar to the Export Land Model proposed by Jeff Brown (http://graphoilogy.blogspot.com/2007/09/declining-net-oil-exports-temporary.html).

Duration : 0:4:31


[youtube 9Ed9jsKAOHU]

  1. 25 Responses to “Oil Outlook”

  2. By BikiniBabe1985 on Jan 1, 2010 | Reply

    I cannot understand …
    I cannot understand why peak oil theorists never discuss the destruction of the dollar when talking about the price of oil. If I’m not mistaken, is the price of oil not tied to the dollar?

  3. By VariedInterest on Jan 1, 2010 | Reply

    Yeah, because the …
    Yeah, because the way things are going that is a glib and way too close to possible option, haha.

    Rubin really seemed to nail their faces to the floor, after this interview they seemed really depressed. It’s telling that they give him about 2 minutes to talk, when in fact the whole world economy right now hinges on his expert specialized insight on the matter.

    Everybody should read his vital and coherent book, “Why Your World Is About To Get A Whole Lot Smaller.”

  4. By Binoplus on Jan 1, 2010 | Reply

    Jeff nailed it. His …
    Jeff nailed it. His book is a must read!

  5. By acsial on Jan 1, 2010 | Reply

    His employer has …
    His employer has been lobbying to nearly DOUBLE our immigration rates, to 400k a year.

    No amount of New Urbanist densification will arrest the urban sprawl and loss of farmland that adding hundreds of thousands of people annually causes. More people also means more freshwater and food use, more CO2 emissions (warm-climate immigrants to Canada need fossil fuel energy for home heating) and, yes, more cars.

    We need a serious, un-PC reconsideration of our immigration policies, above all else,

  6. By RandomishhOne on Jan 1, 2010 | Reply

    just finished …
    just finished jeff’s new book. pretty eye opening

  7. By mrslair on Jan 1, 2010 | Reply

    This was said …
    This was said before the 2008 oil spike. Good job Mr Rubin

  8. By mikey71 on Jan 1, 2010 | Reply

    gladly no-one …
    gladly no-one laughed

  9. By Epicx1984 on Jan 1, 2010 | Reply

    3:37 “we can just …
    3:37 “we can just invade Canada”… Fck you buddy.

  10. By drmodestoesq on Jan 1, 2010 | Reply

    Wow indeed, its …
    Wow indeed, its amazing how we “Peak Oilers” can just sit back and let the facts speak for themselves. All the opposition has is woolly headed belief in boosterism and consumerism. As Dick Cheney said, “The American way of life is non-negotiable.” And as James Kunstler said, “Sometimes people who refuse to negotiate have a negotiating partner; and that negotiating partners is named reality.

  11. By postpeakman on Jan 1, 2010 | Reply

    If you are new to …
    If you are new to this topic, check out the work of Dr. Albert Bartlett, the man is a genius and he explains it quite well.

    Then watch a few interviews with Richard Heinberg, Matt Simmons, check out theoildrum dot com and the ASPO site relevant to your region.

    Then -very important!- DON’T FREAK OUT MAN! Yes, this is happening now, but there is still time to act. There are many things that need to be done, work out what skills you need to learn and what actions you need to take, then do it.

  12. By postpeakman on Jan 1, 2010 | Reply

    Regarding this …
    Regarding this unproven energy source, yes, it sounds promising in theory…

    But how much energy is it going to take to retrieve it?

    Sorry, H3 from the moon sounds about as feasible to me as magical self-recharging energy jewels from leprechauns…

  13. By postpeakman on Jan 1, 2010 | Reply

    Call me a Luddite, …
    Call me a Luddite, but I think we would be better off spending that time, energy, and money on efficiency and conservation efforts.

    And then focus on how we are going to feed everybody in a shrinking energy environment.

  14. By alexpasch on Jan 1, 2010 | Reply

    Today’s reactors …
    Today’s reactors are much safer.

    If we develop breeder reactors using thorium, we avoid Uranium scarcity problems and also increase safety.

    At least in the short/middle term, nuclear will be needed as the bridge between fossil fuels and renewables.

  15. By xstuart123 on Jan 1, 2010 | Reply

    100/Barrel?? Hey, …
    100/Barrel?? Hey, we are already there! Jeff knows what he is talking about. Look for this to only get WORSE as Peak Oil continues. Mexico’s largest oil field “Cantarell” is one of the largest producers in the World, it is in MASSIVE decline (past its Peak), that is why Mexico will not be a net exporter of Oil w/in 5 years. It will probably be sooner.
    Research Peak oil. Get educated!!! Tell others!!! It can’t be stopped, but conservation will be the only means of slowing this beast down!!!!

  16. By londubh2007 on Jan 1, 2010 | Reply

    Yes, Chernobyl was …
    Yes, Chernobyl was remarkably safe.

  17. By johnwelsh696969 on Jan 1, 2010 | Reply

    “who killed the …
    “who killed the electric car”… develop clean energy no matter what the start up cost may be, in the long run the initial investment will be nothing compared with that which it is saving

  18. By soylentgreenb on Jan 1, 2010 | Reply

    Nuclear is …
    Nuclear is remarkably safe. Coal power kills some ~20 000 to 30 000 US citizen each year(mostly from particulates), releases enormous quantities of mercury and other heavy metals. Releases more radioactivity into the environment than nuclear absent a meltdown(due to the sheer quantities of coal; there’s a lot of thorium and uranium in there).

  19. By soylentgreenb on Jan 1, 2010 | Reply

    Helium-3 is useless …
    Helium-3 is useless. You need to develop a fusion reactor first.

  20. By tlacoyo1 on Jan 1, 2010 | Reply

    wow this guy is …
    wow this guy is sharp and left everyone speachless there…wow

  21. By blazerblast on Jan 1, 2010 | Reply

    the usa spendintg …
    the usa spendintg 100$ for 800 gallons,just isn’t like it used to be.supposedley,lol

  22. By belmont14 on Jan 1, 2010 | Reply

    I am afraid your …
    I am afraid your right. No one in the states will accept responsibility for their extravagent lifestyles. No one will connect the dots. At the end of the day someone else will be blamed and many people will be hurt.

  23. By belmont14 on Jan 1, 2010 | Reply

    Yeah, that was …
    Yeah, that was funny, she didn’t know what to say.

  24. By Neomlf on Jan 1, 2010 | Reply

    Cool
    Cool

  25. By bramcorleone on Jan 1, 2010 | Reply

    for one year that …
    for one year that is!

  26. By bramcorleone on Jan 1, 2010 | Reply

    We should go back …
    We should go back to the moon. According to a citation on a Dutch website we will only need one hundred ton (1000 kg .. ‘metric ton’) of helium-3 for the entire earth’s energy needs!!

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