A Crude Awakening - The Oil Crash

• Who Killed the Electric Car?
• The 11th Hour
• Peak Oil Survival: Preparation for Life After Gridcrash
• TRASHED
• In Debt We Trust
• NOVA: Solar Energy - Saved by the Sun
• The End of Suburbia: Oil Depletion and the Collapse of the American Dream
• Maxed Out
• Sicko (Special Edition)
• No End in Sight

And this deplection will be happening within the lifetime of our children, this has been well documented by both oil companies and governments, who withhold this coming catastrophe from the public. Americans are being lulled into believing the lies that reliance on foreing oil will be reduced by any significant amount and that gas/oil prices will be reduced by offshore and arctic drilling - and Americans are desperate enough to believe such lies without question, without wanting to listen to the unappetizing truth that we use over 25% of the world's oil while we possess less than 4% of oil reserves. The mathematics show the truth, that drilling all the 5% total reserves would not even put a dent in our dependence on foreign oil nor prices, but the cynics know voters want hope even when a lie. Meanwhile, the old policies that got us into this mess will prevail, and contunue until the reality of depletion arrives for us to face, still dependent on foreign oil and still UNPREPARED. A lot of factual in this comprehensive documentary which will arm every citizen who watches it against the lies being spewed by those who want to deceive Americans in order to gain their votes by fraud. The cynics know the reality and the truth will be face well AFTER the elections.

We need to seek out alternatives that are renewable or face the day when we will run out of oil. Very informative and relevant in light of the rising prices at the pump. Americans need to realize that the days of cheap energy are over.

If nothing else, you will probably see just how oil permeates so much of our lives in the products we buy and way we live. As one watches how peak discovery USA or other early regions yielded to peak production then leading to ultimate decline, you quickly see the model used for calculating "peak oil" globally which many experts say is anywhere between 2003 and 2030 (many predicting around the next five years). This doc makes the strong point that huge discoveries are needed just to keep up with current demand - let alone feed growth - since all current fields will eventually decline. It plays out like a story: from the early discoveries of oil, the oil bonanza in the USA to the peaks in Venezuela, Russian states and Saudi Arabia. US production started around the 30's but peaked in 70's and has dwindled to a fraction of peak now. ALL these will eventually follow the model peaking scenario that was seen in USA, Baku and other areas.

The doc could have presented such supply-side possibiities more clearly to give more balance. PS: Some of the best writers on this topic in my opinion are economists who have little direct bias or professional stake in any particular outcome ("A Thousand Barrels a Second" is a quite good analysis of the situation). That's apparently what we see now in the giant of giant fields that produce a lion's share - some being pumpued with seawater to maximize output (something normally done when a field is peaking down). The famous, so-called Hubbert's Peak is described by the man himself.

But, this is a compelling documentary that will stimulate your own analysis. For this genre, this is a well-produced documentary that combines visual interest with good academic but energizing commentary. Arguements for being at a peak include the strong and sustained rise in demand, the apparent signs of peaking of the giant fields today and the fact that no fields this big have been discovered in a while (given oil companies have mapped much of the planet). But with price of oil so high, it will and is opening up discovery previously not pursued until crude hit a magic threshold price. The scenario reminds me of a book called, "What To Do When Oil Is $200 A Barrel." Perhaps by the time you read this, it will be over $200 a barrel.

Today is June 12, 2008, and with oil is above $130 per barrel, we have an ideal environment to take in such a documentary as this. North Sea is also peaking apparently if you follow news in EU.

Dakota and southern Canada that has 503 billion barrels of oil, then theres 40 or more billion barrels of oil on the Alaskan North Slope. I have a best frined who's brother works on the Gulf oil rigs and he states they've capped off many excellent producing wells- wonder why. Then you have 5 Trillion barrels of oil in OIL Shale in Colo,Wyo & Utah that they can produced a barrel of oil for about $40.00 a barrel. Then theres the Bakken Formation that stretches from Montana to N. However, according to Popular Science Apr 2008 there are 175 Trillion thats right 175 TRILLION barrels of oil in Tar sands in Canada that they can extract a barrel of oil from for about $20.00 a barrel. Do we need to move from oil absolutely but not for quite awhile yet. China supposedly has all kinds of oil but no infrastructure to get it out and piped to refineries which they don't have either since it's rural country for the most part.

But, fear books sell better, yet all the above info is readily available on the web if one has the time and searches for it. Maybe because Big Oil and Wall Street Commodity Traders want to keep getting richer with tight supplies.And we have all kinds of oil off the coast of Calif and Fla,plus 2 giant oil fields were just found recently off the coast of Brazil. We're finding out the earth core is producing more oil, sounds crayz ,but true. THese guys that write these book must do one sided research, Peak Oil LOL not yet. 1/2 to 1/3 of the Gulf hasn't been explored and the present pools are refilling from deeper deposits seeping upward- from where -do you remember the core.

but at least it describes it rather than putting ones head in the sand and denying it. Highly recommended. This documentary describes a process that is inevitable. The more people that are aware of what will happen when cheap plentiful energy becomes scarce expensive energy the better.