CNN Presents: We Were Warned: Tomorrow's Oil Crisis
 

[quote:93ed7]What if a hurricane wiped out Houston, Texas, and terrorists attacked oil production in Saudi Arabia? CNN Presents looks at a hypothetical scenario about the vulnerability of the world's oil supply, the world's remaining sources of oil and explores the potential of alternative fuels.[/quote:93ed7]

I watched it yesterday on Anderson Cooper 360°, I was pretty good, makes you think a little

Airs: March 18 and 19 at 8 p.m., 11 p.m. ET
[url:93ed7]http://www.cnn.com/CNN/Programs/presents/[/url:93ed7]

[img]http://i.a.cnn.net/cnn/CNN/Programs/presents/shows/oil/images/top.oil.gi.jpg[/img]

Oh yeah, they said that no one knows how much oil is in Saudi Arabia, and that the Saudi's wont say how much there is. Anyone know if this is true?

yeah it does look pretty interesting! Ill check it out tonight or if i miss it, ill check the sunday's broadcast

Thanks but I'll stick to CBC newsworld documentaries.

we'll be invading saudia arabia soon. rolleyes:

theres nothing in the program about that, so try again

I'm split on whether peak oil is happening or happening soon, or if there is really nothing to worry about.

If anyone's interested The End of Suburbia is a canadian documentary dealing with "peak oil". It was decent.

http://www.endofsuburbia.com/

I don't know why Australia isn't pushing this, we've got a huge sugar cane industry that is collapsing because it's not subsidised,
but I think people are worried that ethanol will harm their engines..

Brazil leading world in effort to boost use of ethanol as renewable fuel.

After decades of government intervention, the ethanol industry in Brazil is a thriving free market.

While Mr. Bush set 2025 as the target date for replacing three-fourths of the oil imported from
the Middle East with American ethanol, Brazil already satisfies nearly half of its domestic passenger
vehicle fuel demand with ethanol.



http://canadaeast.com/apps/pbcs.dll/art ... 9/-1/MONEY

[quote="Eight Ace":d06d2]I don't know why Australia isn't pushing this, we've got a huge sugar cane industry that is collapsing because it's not subsidised,
but I think people are worried that ethanol will harm their engines..

[b]Brazil leading world in effort to boost use of ethanol as renewable fuel.[/b]

After decades of government intervention, the ethanol industry in Brazil is a thriving free market.

While Mr. Bush set 2025 as the target date for replacing three-fourths of the oil imported from
the Middle East with American ethanol, Brazil already satisfies nearly half of its domestic passenger
vehicle fuel demand with ethanol.



[url="http://canadaeast.com/apps/pbcs.dll/article?AID=/20060313/TPMONEY09/603130319/-1/MONEY"]http://canadaeast.com/apps/pbcs.dll/art ... 9/-1/MONEY[/url][/quote:d06d2]

this ethanol and flex vehicles sounds like a cool idea of getting away from foreign oil. They talk abit about that suger cane ethanol, very interesting stuff.

Watch the program, it has nothing to do with "America attacking other countrys for there oil" , but there is small chit chat about it. Its just a what if type of show

Yeah, think about this for a second.

Oil companies are enormously profitable. Especially with the US's move toward more cooperation with bigger corporations, these corporations have a lot of influence in world governments. Advances to move toward another form of energy would not be supported by these oil companies. These companies obviously want to keep oil as the major form of energy. I think it must be considered that advancements in other renewable energy resources will likley be suppressed because of the money factor whether a government wants to move into a renewagle energy source or not.

I mean, if you take this example, highschool students made a car that runs on soy and gets 50MPG and goes 0-60 in 4 seconds. High school kids did this. You would think that big companies would be able to do this easily if kids can.

http://www.cbsnews.com/stories/2006/02/ ... 9941.shtml

In my mind, same thing goes for healthcare. Companies are more involved in making pills and such to treat diseases and viruses than preventing them from happening. This is the money factor again. These's more money in prescribing someone a drug than keeping people healthy.

But you also need to remember the incentive that oil companies have to get away from oil. They have a lot to lose once the oil runs out so there is no doubt that they will be interested in working to develop new energy when the oil starts to get scarce. The people who run these companies aren't stupid, they aren't just gonna ride oil until it runs out and then pack up and call it quits, they are gonna keep trying to make money and when it comes to the point when they are going to lose the ability to make money from oil, you can bet they will change markets.

Yes, you're correct, but perhaps the oil isn't running out.

That's what I think, here's my reasoning. The oil companies have a huge financial incentive to know the truth about how much oil is left, therefore, they would be willing to spend money to figure that out, in order to determine how long they should continue to produce oil in order to sustain profits. With all their money and their financial dependency, I think the oil companies are probably the most informed on the real oil situation because they have a lot riding on it and a lot of money to determine the real situation.

So, saying that, I don't think we're are running out of oil at the rate that some people have been desrcribing, the oil companies probably know the most about the situation and if they aren't weening off of oil, then I don't think the situation is as bad as people are saying.

[quote:a258a]I mean, if you take this example, highschool students made a car that runs on soy and gets 50MPG and goes 0-60 in 4 seconds. High school kids did this. You would think that big companies would be able to do this easily if kids can[/quote:a258a]

WOW THAT IS FRIGGIN AMAZING. They all deserve jobs at any auto dealer, plant, shops etc that they chose. +1 for all of them

Finally watched it and it was very interesting and informative as well. The question i have though about this is this; America is the world's leading oil comsumptionist with china at a close second. Can someone explain to me why american's are using so much more enerygy and oil than a country that has over a billion people living abroad?

Lifestyle.