Shell execs briefed on peak oil in 1956
- added May 31, 2008
- 7 responses
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- meligrosa
- added this
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Thought I'd share my love for history. Just amazing.
"When did Shell executives first learn that the world would one day face the moment of peak oil, known to many as Hubbert’s Peak? Answer: as far back as 1956 when M. King Hubbert delivered his seminal speech to Shell employees predicting the day when oil reserves would begin to decline. For more than a half century, Shell has known that the world of the 21st Century would begin running out of oil with disastrous ramifications. Yet little was done to prepare society.
The story begins in 1950s when the United States was the world’s largest producer and exporter of oil, making it mostly self-sufficient. The U.S. also was the largest creditor nation, while its manufacturing output fed the world’s demand for tools and machinery. This new world power from the West emerged relatively unscathed from the second of two world wars, for which its unprecedented access to oil proved the deciding factor. This quite literally was America’s peak in wealth and potential..."
"When did Shell executives first learn that the world would one day face the moment of peak oil, known to many as Hubbert’s Peak? Answer: as far back as 1956 when M. King Hubbert delivered his seminal speech to Shell employees predicting the day when oil reserves would begin to decline. For more than a half century, Shell has known that the world of the 21st Century would begin running out of oil with disastrous ramifications. Yet little was done to prepare society.
The story begins in 1950s when the United States was the world’s largest producer and exporter of oil, making it mostly self-sufficient. The U.S. also was the largest creditor nation, while its manufacturing output fed the world’s demand for tools and machinery. This new world power from the West emerged relatively unscathed from the second of two world wars, for which its unprecedented access to oil proved the deciding factor. This quite literally was America’s peak in wealth and potential..."
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Good find meligrosa.
Big oil just pulled this old trick out of the closet and dusted it off for the all those who are too young to know.-
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- VoyagerFilms
- 2 months ago
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Through "Fluid Media Technologies" like Current.com we can overcome our past habits of taking what these monsters say at face value. The Good Old Boys are not really so good..but they are old...and obsolete...The new way to go is with a true bottom line that is moral and inclusive of human and environmental suffering.
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- CarolynGillis
- 2 months ago
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This should come as a surprise to no one. Where mass profit is concerned, let nothing, even harshest reality, get in the way of glutinous consumption.
Bastards. -
maybe we should all stop fighting over the issue and stop and try to make a change, because if your not helping solve the problem your a part of the problem
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People need to see this.
They need to see the real reason for why gas prices are shooting up and they need to hold people accountable.
Oil companies are not hiking up prices, we are reaching the peak production.
Tell everyone you can to start investing in alternative energy, the government and the corporations are not going to be there to help you when gas hits $7.00+.
http://quicksilverscreen.com/watch?video=36003
http://quicksilverscreen.com/watch?video=37235
http://www.odac-info.org/ -
America has plenty of oil in reserve. What are we saving it for if the end is inevitable?
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