Ollie Posted October 7, 2005 Report Share Posted October 7, 2005 I was listening to BBC2 coverage from Aberdeen and there was a debate on what would happen to the world when the demand for oil outstrips supply. Ok so i dont know exact figures but the general impression from experts is that the glass is half empty in terms of reserves. Only time will tell whethar or not it will affect any of us.Just wondering if anyone on here has any thoughts as to exactly how much Western Society relies on Oil for day to day living. If oil does have a major importance and if it is indeed running out then surely an alternative would have to be sought? If not the worlds gonna be a much bigger place. Some more food for thought - As far as the ozone layer is concerned (how much this is related to oil im not sure) dangerous chemicals are known to be fucking that up as well. It just makes u wonder whats this place gonna be like when were all gone. Quote Link to comment Share on other sites More sharing options...
beeker Posted October 7, 2005 Report Share Posted October 7, 2005 Whats the deal on research into alternative energy... will those avenue's not become more dominant in the next 50 or so years. So, by the time Oil has begun to fade out will these alternatives replace Oil?I just dinna ken. worrying for any companies who depend on oil tho!.. Quote Link to comment Share on other sites More sharing options...
Guest tv tanned Posted October 7, 2005 Report Share Posted October 7, 2005 well, if you look at the way Norway has managed its oil resources, by setting up a 'Future Generations Fund' and putting some of the revenues generated into it each year, it now has a fund of 100 billion, which generates more in interest each year than they make in oil revenue!The Norwegians are now concentrating on development of renewable energy sources to prepare for when the oil supplies run out.The oil money over here has been used to fund Thatcher's dole queues, fill black holes in the budget, and finance the Iraq war.Not one penny has been set aside in a fund like that of Norway, despite Labour saying they would set one up in the 70s.Our renewable technologies are also not getting the support they deserve, and there is talk of building new nuclear power stations instead, thus condemning us to yet more toxic waste which there is no real disposal method for. Quote Link to comment Share on other sites More sharing options...
Val Posted October 7, 2005 Report Share Posted October 7, 2005 well' date=' if you look at the way Norway has managed its oil resources, by setting up a 'Future Generations Fund' and putting some of the revenues generated into it each year, it now has a fund of 100 billion, which generates more in interest each year than they make in oil revenue!The Norwegians are now concentrating on development of renewable energy sources to prepare for when the oil supplies run out.The oil money over here has been used to fund Thatcher's dole queues, fill black holes in the budget, and finance the Iraq war.Not one penny has been set aside in a fund like that of Norway, despite Labour saying they would set one up in the 70s.Our renewable technologies are also not getting the support they deserve, and there is talk of building new nuclear power stations instead, thus condemning us to yet more toxic waste which there is no real disposal method for.[/quote']SNP by any chance? Quote Link to comment Share on other sites More sharing options...
Guest tv tanned Posted October 7, 2005 Report Share Posted October 7, 2005 SNP by any chance?and that matters because? Quote Link to comment Share on other sites More sharing options...
Paulscoconutass Posted October 7, 2005 Report Share Posted October 7, 2005 My dad's been in the oil for 30 years now and when he started he was told there would be 10 years left. New technology means they can easily recover deeper - previously unreachable - oil reserves AND find bran new ones. As for an alternative, new things like the water powered car and so on crop up now and again, but then disappear because oil companies (naturally) don't want them to surface. I hope the oil industry continues because it's probably the only reason that Aberdeen has so much money, international attention and a rich culture. Quote Link to comment Share on other sites More sharing options...
Guest tv tanned Posted October 7, 2005 Report Share Posted October 7, 2005 Hydrogen cell technology is the way forward.SiGen at Clinterty have developed a hydrogen cell car, but because there is no real funding available they are not able to develop it massively. Quote Link to comment Share on other sites More sharing options...
Val Posted October 7, 2005 Report Share Posted October 7, 2005 and that matters because?I'm not criticizing your political persuasion, it's just the SNP have a certain obsession with Norway and St. Bernard's dogs. Quote Link to comment Share on other sites More sharing options...
Chris Posted October 7, 2005 Report Share Posted October 7, 2005 Hydrogen cell technology is the way forward.This is the way forward:http://www.ananova.com/news/story/sm_1534821.html?menu=news.quirkies.badtaste Quote Link to comment Share on other sites More sharing options...
Knight of Swords Posted October 8, 2005 Report Share Posted October 8, 2005 I spotted the SNP thing with the Norway post, because it's an argument I've used many times myself in the past. However, all the pricks down my way keep voting Labour (which means you'll either have a Tory government, or even worse, they'll actually get what they asked for). Gave up on Scottish independence eventually. Quote Link to comment Share on other sites More sharing options...
rufus13th Posted October 9, 2005 Report Share Posted October 9, 2005 Hydrogen cell technology is the way forward.SiGen at Clinterty have developed a hydrogen cell car' date=' but because there is no real funding available they are not able to develop it massively.[/quote']Good man and well said (about your post on Norway's oil industry).I saw a report that Iceland may be the first country to eventually get rid of its dependence on imported oil (at least for power generation). Because of their ideal location, they harness geothermal energy really well, which they use to generate hydrogen cell technology. Already their Government is pushing for all cars to run on hydrogen fuel cell in the near future. A lot of their buses have already made the conversion.The only problem is that hydrogen is remarkably unstable. One spark and that's it. Would you go on a bus knowing that there is a huge tank of hydrogen above your head? If proper safety measures are taken then it may be the way forward. Quote Link to comment Share on other sites More sharing options...
Guest tv tanned Posted October 9, 2005 Report Share Posted October 9, 2005 I'm not criticizing your political persuasion' date=' it's just the SNP have a certain obsession with Norway and St. Bernard's dogs.[/quote']maybe because Norway is a country of similar size to us, with very similar natural resources, which has done more with them than Scotland has because we have allowed the UK government to piss it all against the wall? Quote Link to comment Share on other sites More sharing options...
Knight of Swords Posted October 10, 2005 Report Share Posted October 10, 2005 There must be some irony in the fact that we spend money we've made out of oil to go and invade a country with the sole intention of stealing their oil. Quote Link to comment Share on other sites More sharing options...
Guest ()Papaspyrou() Posted October 11, 2005 Report Share Posted October 11, 2005 As a nation, we aren't being totally stationary in the whole "running out of oil" situation. At least now we have LPG, which apparently emits very little harmful gases.I say apparently because I meant to research it a week ago but haven't yet got round to it......It is time. Quote Link to comment Share on other sites More sharing options...
ragudave Posted October 11, 2005 Report Share Posted October 11, 2005 maybe because Norway is a country of similar size to us' date=' with very similar natural resources, which has done more with them than Scotland has because we have allowed the UK government to piss it all against the wall?[/quote']If Norway are such as successful economy then why do they have such high taxation? Quote Link to comment Share on other sites More sharing options...
threeornothing Posted October 11, 2005 Report Share Posted October 11, 2005 Think you answered your own question there Quote Link to comment Share on other sites More sharing options...
drum bum Posted October 11, 2005 Report Share Posted October 11, 2005 Scotland could be like Norway, but all the rich people have an "Im all right Jack" attitude and they'll keep voting labour as long as they make there money and everything is fine in there household a bit like Germanys OAPs. If the oil ran out we'd be in for a complete society breakdown (Which is exactly what the western world and its affiliates need) Quote Link to comment Share on other sites More sharing options...
Knight of Swords Posted October 11, 2005 Report Share Posted October 11, 2005 I agree with most of that, but I don't see what good a complete breakdown of society would do. All that would happen is some other cunts would take over and we'd be getting shit on from them instead of us doing it to them. Quote Link to comment Share on other sites More sharing options...
Guest tv tanned Posted October 12, 2005 Report Share Posted October 12, 2005 If Norway are such as successful economy then why do they have such high taxation?And yet it has been voted the best place in the world to live for five consecutive years by the UN.High taxation is not an automatic sign of a stagnant economy. Quote Link to comment Share on other sites More sharing options...
Guest pop-notmyface Posted October 12, 2005 Report Share Posted October 12, 2005 i think we'll have to start growing legs and use them once in a while.maybe we'll even get rid of obesity... Quote Link to comment Share on other sites More sharing options...
ragudave Posted October 12, 2005 Report Share Posted October 12, 2005 And yet it has been voted the best place in the world to live for five consecutive years by the UN.High taxation is not an automatic sign of a stagnant economy.Essentially the Norwegian economy is highly correlated with the oil price. The is the same as the micro economy of Aberdeen City. Norway has got a massive reserve fund as have the Saudi's but finds problems getting returns on the cash pile. Shetland have also built up a reserve fund in their own little way. I suppose high taxation of oil companies is easier when there are more nationalised energy companies over there. Nationalised companiesare subject to political interference' date=' government often has a board member or two et al.But I know some Norwegians who left the country because of the high taxation.Have a read of the links below. http://www.travelblog.org/World/no-econ.htmlhttp://www.bis.org/review/r050901h.pdfhttp://en.wikipedia.org/wiki/Norway Quote Link to comment Share on other sites More sharing options...
Guest Bob Posted October 12, 2005 Report Share Posted October 12, 2005 maybe because Norway is a country of similar size to us' date=' with very similar natural resources, which has done more with them than Scotland has because we have allowed the UK government to piss it all against the wall?[/quote']You get what you deserve. Quote Link to comment Share on other sites More sharing options...
Guest tv tanned Posted October 12, 2005 Report Share Posted October 12, 2005 Essentially the Norwegian economy is highly correlated with the oil price. The is the same as the micro economy of Aberdeen City. Norway has got a massive reserve fund as have the Saudi's but finds problems getting returns on the cash pile. Shetland have also built up a reserve fund in their own little way. I suppose high taxation of oil companies is easier when there are more nationalised energy companies over there. Nationalised companiesare subject to political interference' date=' government often has a board member or two et al.But I know some Norwegians who left the country because of the high taxation.Have a read of the links below. http://www.travelblog.org/World/no-econ.htmlhttp://www.bis.org/review/r050901h.pdfhttp://en.wikipedia.org/wiki/NorwayAs I understand it, their oil fund now generates more in interest each year than they make in oil revenues.Cheers for the links though, interesting reading. Quote Link to comment Share on other sites More sharing options...
RicoAUBL Posted October 12, 2005 Report Share Posted October 12, 2005 the whole could we be like norway thing is more of a "look at what you couldve won" situation tho really isnt it..i'm not an SNP manbut that's the one point that i completely agree onbut it's not going to happenthe people "in charge" of this country and the rest of the UK have no clue... something we're all well aware of... and even if they did it would probably take them 50 years to get it goingwestern society completely relies on oili wouldnt be sitting working at BP in rotterdam if that wasnt truebottom line..if the finger doesnt get pulled out soonwe're all screwed... or at least our children will be.. Quote Link to comment Share on other sites More sharing options...
Guest tv tanned Posted October 12, 2005 Report Share Posted October 12, 2005 which is why we need to use the oil money wisely, invest in renewable technologies and move that forward.Scotland is in a prime position to be a renewable energy leader, but meantime the governments are too busy collaborating on the introduction of yet more nuclear power stations.We could be an all-renewables nation in 50 years time if the political will was there. Quote Link to comment Share on other sites More sharing options...
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