Global Economic Collapse How the End of Oil will send the world back 500 years By Kyle Thompson
WHY IS OIL SO DELICIOUS?
It’s free! It comes right out of the ground. It’s made up of dead plants and dinosaurs! It’s a liquid, which is easier to transport than past fuels (coal, timber). It contains complex carbon chains which pack the maximum amount of energy possible. It’s made up of many varieties of carbon chains, which can then be separated for use as gasoline, jet fuel, petroleum jelly, motor oil, and plastic polymer base. It’s more abundant than natural gas, but less abundant than coal.
Modern Uses of Oil essential uses of OIL
ALTERNATIVES
Will it be enough? Will it work?
Gasoline (cars, planes)
Cars: solar, wind -based electric Planes: solar, wind -based electric?
Probably No, probably not
Lubrication (motor/machine oil)
Corn/vegetable-based oils
Yes
Power (electricity from oil)
Nuclear, Solar, Wind
Possibly
Heating (oil burners in houses)
Solar, Wind, Coal
Yes
Shipping (oil tankers, trucking)
Coal, Solar, Wind
No, probably not
Manufacturing (plastics!, petroleum based products)
Corn/vegetable based
Maybe
ALTERNATIVES
Many of the alternatives listed are already in use in the USA and around the globe • • • •
solar/wind power electric or biodiesel cars nuclear power coal-based power plants
Many of the alternatives have only just begun to be developed or are not competitive • Corn/vegetable based polymers, still in development phases • Fully electric cars are expensive, underdeveloped, and probably unsafe when driving next to an Escalade
The Web of Oil
Let’s use futuristic cars as an example of the interconnected nature of current technologies and future alternatives.
See Next Slide
Plastic Cars
Car Manufacture
Lightweight, solar or windbased electric cars of the future will rely on plastics for manufacture. Bio-based polymer plastics are in the beginnings of research and are nowhere close to being able to provide car-worthy plastics. Funding for such research should be supplied by the government or oil companies, which would take a shift from a greed-based governance to a responsible, longsighted governance. The amount of bio-based corn-oil needed to supply the world’s current demand for plastics will be very difficult to produce considering all of the demands on agricultural products and the fact that large scale agribusiness relies on oil and machinery itself.
Interconnected Web of Oil
All of these modern uses of oil are currently highly interconnected in a way which drives the current global economy. The interconnected nature of these essential uses means that if one link in the chain breaks, they will all grind to a halt. The most energy-costly and interconnected use is longdistance transportation (jet fuel and ocean tankers), and it will be nearly impossible for the replacement to meet the energy demands. Coal will become the tanker source of fuel, as there is still more coal then there was ever oil. Coal is highly pollutant, however, and its large-scale use is of questionable environmental practice. Although economics, not environmental issues, drives the market, coal will probably fail as an alternative based on the failure of the transportation systems to move it quickly enough.
Future Global Economic Collapse
Global Economic Collapse is coming within the next 100 years based on the chemical properties of oil which have revolutionized the modern world. Based on the current rate of alternative energy research and implementation, it might be too late to convert by the time the crisis hits. Without a "free" source of highly productive, highly transportable, highly versatile energy source and polymer base, the system as we know it will collapse. Get to know your local businesses and farmers, because we're going to be thrown back into the Middle Ages. Unless some miracle source is found (radical geothermal, coal converter, nuclear fusion), global economic collapse is bound to happen within our lifetime.