Black Gold
The global economy runs on “fossil fuels” and will NEVER run on wind or solar power. The term “fossil fuels” is normally used to describe oil and other carbon products such as gas. We are going to look at the term “fossil fuels” and examine its validity but we will also test the two main (and opposing) narratives:
- We have reached peak oil and we are running out
- We have plenty of “fossil fuels” left
These are opposing narratives and each side has political and ideological reasons to promote their view, but what is the truth? The term “Fossil fuels” is a loaded term and deliberately chosen to suggest that we have a limitied irreplaceable amount but that is not true. The earth constantly makes “fossil fuels” in a process called serpentinization:
Ultramafic systems can generate methane without organic matter through abiotic reactions, primarily through serpentinization and other gas-water-rock interactions. This process, known as abiotic methanogenesis, occurs when hydrogen (\(H_{2}\)) and carbon (\(C\)) sources, such as carbon dioxide (\(CO_{2}\)), react under high pressure and temperature, often with the aid of natural catalysts like those found in chromitite. https://en.wikipedia.org/wiki/Serpentinization
Watching an interview with Slavik-man recently he explained that he used to work in the industry and that it was geological process like tetctonics, pressure and temperature that cracked and or catalysed the processes giving us not only oil that is distilled to petrol and diesel etc but methane, ethane etc benzene, all formed by the earth. Some (not all) dry oil wells even refill over time. On top of that we have a HUGE surge in gas and natural Gas (LNG) will be the energy source that drives AI (see the excellent interview by Doomberg).
So, I believe that oil formation is largely an Abiogenic process and that while it may run dry in some places, other places are forming reserves. On top of that there are huge (and I mean huge) reserves of other “fossil fuels” such as gas (which burns cleaner). I think we should still use solar but it takes a lot of “oil” to produce solar and a lot of “oil” to dig up Lithium for batteries. It is good to diversify but “wind energy” causes a lot of environmental damage and neither wind nor solar will survive extreeme climate change (which is not man made). Furthermore, modern life is simply not possible without the chemicals that the oil process provides. You can’t make solar panels without oil.
So, no need to worry about lack of “fossil fuels” as Doomberg says, the constraints on oil are not geological, they are political. Venezuela has millions and millions of barrels and we have more gas than me after eating a curry. And we have not even mentioned huge hydrogen reserves that are energy rich and clean. And how about nuclear…because if Russia really has made miniature clean burning reactors then I want one in my garden (lolz). Everything relates back to energy. Cheap energy means cheap food.
These are all scare stories used to control you. The earth provides abundantly, the problem is that they want to restrict it and control it and they want to use the energy and water to build your robotic and AI prison. Don’t let them.
Is an oversupply of oil dangerous for the global economy? | DW News (18 min)
Russian oil companies are to be seized and nationalized in Europe (6 min)