In multiple ways, we are seeing the end of the oil age.
Change is coming.
I find it kinda odd how this sounds like oil reserves running out will be really bad at some point. Yet also how absolutely nothing is being done to slow down usage. They are not even asking people to stop non essential journeys or to work from home where possible.
Which, by the way, is THE ENTIRE FICKING POINT OF THE RESERVES IN THE FIRST PLACE
for graceful demand destruction and rationing to take place before it runs out. Because if you don’t do that everything breaks…
Sure we ran out of corn, but then we realized we had all this seed corn for next season.
The naysayers and sky is falling group told us “you can’t just eat your seed corn” but you should have seen the shocked look on those smarty pants faces when we easily turned the seed corn into breads and cakes and porridges.
Poor fools seriously thought you couldn’t actually eat seed corn. Now we are having a lovely time with full bellies! They keep asking about what we will do when it comes time to plant, but that isn’t for months and we are hungry now.
That seems depressingly accurate
But that would require planning for the future. Those in charge of everything in the US haven’t practiced that particular skill in years. Short term profits for the here and now > long term profits for the future. This is the inevitable result.
Almost like they are intentionally sabotaging the nations institutions, like a domestic terrorist…
I don’t live in the US though and the same seems to be the case here. UK, I have seen absolutely no impact at all. No changes.
Would you rather:
📈, then 💥💣🧨📉📉📉📉 but next quarter?
Or
⛔🛢️⛔📉, then 📈?
This is the brainrot emoji logic going through the brains of our leaders.
I think the logic is that ridiculous gas prices will encourage people to reduce consumption on their own. But the reality is nobody really has a choice but to use at the same rate and simply pay, so the boosted fuel cost doesn’t curb demand and is no different than the toilet paper profiteering during the pandemic. Either way, it’s looking to be about time for the US to cut Iran a sweetheart deal to fix their colossal fuck up.
There are things that can be done to curb demand without cutting travel itself, like lowering speed limits for fossil cars.
But the right wing political machine runs on the opinion that stuff like that is all left-wing, and that right-wing means unlimited cheap gasoline.
“Reality has a well-known liberal bias” and all that
Higher gas prices should promote more conservative driving habits as well, but they don’t. People don’t drive the speed limits now, they won’t slow down to save money, and they make automated enforcement a political liability, ensuring anyone who tries to rein them in gets the boot. Will sure be interesting if they completely run out, but just like the band continued to play while the Titanic went down, it’s going to be business as usual here until reality slaps us in the face.
EV owners were derided for driving “slowly” (within the speed limit!) to save power and not have worries about charging, so we do know that car owners will actually do stuff like that once they’re actually concerned. Fossil fuels still seem to be cheap enough that people don’t, though.
I am not sure that rational choices by EV drivers can be generalized to the population as a whole. Consider the “roll coal” tinky winkies.
yeah cuz the lobby worked so well to fight trains in cities as well as cross country. i was working a job in a city 3 hours from my city for 6 months. i drove home on the weekends to have family time. i had to waste 6 hours of my weekend driving to and from instead of just hopping a train and taking a nap or reading piefed or just looking out the window enjoying the view.
fuck the oil lobby. they ruined a lot of things that could have been great for us in the make of money.
In the UK prices have barely moved
Do you just have the nicest oil and gas companies in the world who wouldn’t dream of profiteering in the name of curbing demand during a global shortage, or are you already jacked up to the point that an increase would cause a revolt?
No idea, it isn’t something I buy so haven’t paid a huge amount of attention to it tbh
That would require our government to have even the slightest amount of self-awareness. And that’s just not in the Trump administration wheelhouse.
wait until the cult of vroom - the pavement princesses and motorheads whos trucks, race cars and hogs consume ridiculous amounts - have to put their toys away because their man trump, who hates them, but hates wind and decency more, decided he could figure out MIDEAST PEACE BY WAY OF BOMBS because he’s so fuckin clever.
fuck 'em, but unfortunately the hits to fertilizer and the poor will hurt a lot more than their bullshit.
Sounds like I should expand my rice stockpile, only got around 10kg currently.
Coffee too…
no amount of prep will save the species. we’re driving the bus right over the cliff and our foot is still pushing the gas.
Don’t worry to offset the oil being expended Trump will find another country to invade and take their supplies instead, America first remember?
I don’t think it’s a matter of finding new oil, it’s a matter of finding some way to convince the world at large not to fuckin burn it.
In Canada we called that a “Bennet Buggy”. Named after the Prime Minister at the time.
So what is trump doing with the billions of barrels of oil he’s stealing from Venezuela a week? Where is all that oil going?
Powering AI Datacenters probably
E: oh been on lemmy 3 years now, happy fuck spez day to me!
Fuck u/spez!
Damn, happy cake day grandma/grandpa !
🥳
VIGIL: If you take a step back and look at the global oil picture, what Venezuela is producing, which is just over a million barrels per day, is a very small amount of the global oil demand. So it’s about 1%, even though for Venezuela, it is a lot. Like you mentioned earlier, it’s a seven-year high. But because it is such a small amount, it’s not going to meaningfully change the shortages because of the war in Iran.
I don’t know exactly how much oil per day the Iran War has prevented, but it seems like Venezuela can’t cover all the losses. The NPR article says most of their oil is going to the US and India if you’re still curious about that.
In 1912, Tom Slick (his real name) was passing through what’s now Drumright, Oklahoma, when he smelled oil. He bought the land for $1 an acre and started digging, uncovering what was then Oklahoma’s biggest oil well.
It sounds implausible, but there really are stories like that everywhere out here in the west. You can’t make this shit up.
Or he trespassed to prospect and came up with that story before the owners found out about it
Dang. He drank their milkshake. Their milkshake brang all the Slicks to the yard.
Yeah. After the middle of July the other shoe is going to drop. Meanwhile all the sock puppet trump supporters and troll farm accounts are jumping up and down about how much the per barrel cost of oil has dropped, nevermind that it’s still higher than it was before trump started his war.
As global commercial and strategic oil reserves continue to be depleted—and the Strait of Hormuz in the Middle East remains effectively closed—the fear is it’s just a matter of time before resilient energy markets finally begin to “panic” and fuel prices soar more uncontrollably, whether that’s in July or August, said Patrick De Haan, head of petroleum analysis at GasBuddy.
But we sure can’t have solar or offsore wind or anything else to help produce energy because fuck everyone except th fucking oligarchs.
Iran won.
Can’t wait to see what will happen when oil runs out and there’s been no preparation.
Yay!
Can we just fucking collapse already this doom is ever imminent thing is too much for me.
funny enough, this hand-grenade to the world petroleum foundation may be the thing society needs to realize IT’S FUCKING TIME TO FIGURE OUT GRID SCALE 100% WIND, SOLAR AND BATTERIES on a scale that even China didn’t anticipate.
There will never be an apocalyptic collapse that Judeo-Christian societies are prone to envision. Life just doesn’t want that way…
Accelerationists are starting to realize that maybe “blow it all up and start over” isn’t as simple as they make it out to be.
If only there were people around to tell them that before saying and doing stupid shit… Oh wait.
Oh, come on. No acceleration IST actually caused that problem. Ignoring hundreds of small problems for the sake of profit and sloth caused it. And it’s not really worse than the alternative, just a bit different
I’d rather survive
Would have never believed that those tanks are open and not enclosed.
They’re closed. The lid moves up and down to deal with changes in pressure as tanks are filled or emptied, without having to add air into the mix.
Okay, thanks for pointing that out! It looked so foamy on top so I was confused. Still am honestly.
fitting name, cushing is name of a disease as well.
I always think about Peter Cushing…
