{"id":1262,"date":"2014-11-08T08:58:19","date_gmt":"2014-11-08T13:58:19","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1262"},"modified":"2014-11-08T08:58:19","modified_gmt":"2014-11-08T13:58:19","slug":"peak-cheap-oil-crash-course-chapter-20-peak-prosperity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1262","title":{"rendered":"Peak Cheap Oil &#8211; Crash Course Chapter 20 | Peak Prosperity"},"content":{"rendered":"<p><a href=\"http:\/\/www.peakprosperity.com\/blog\/88677\/peak-cheap-oil-crash-course-chapter-20\">Peak Cheap Oil &#8211; Crash Course Chapter 20 | Peak Prosperity<\/a>.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">Energy is the lifeblood of any economy.\u00a0 But when an economy is based on an exponential debt-based money system and\u00a0<em>that<\/em>\u00a0is based on exponentially increasing energy supplies, the supply of that\u00a0<em>energy<\/em>\u00a0therefore deserves our very highest attention.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">But we need to be careful here because it\u2019s a mistake to lump all types of energy together because they have very different uses in our economy and they are not interchangeable.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">What we\u2019re going to examine in this chapter on Peak Cheap Oil is transportation fuels.\u00a0 The liquids we put in our trucks and cars and airplanes.\u00a0 Why?<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">Because 95% of everything that moves from point A to point B across the globe does so based on petroleum derived liquid fuels.\u00a0 This makes petroleum quite special and unique.<\/p>\n<p style=\"padding: 0px; margin: 1em 0px 1em 0px;\">And despite vastly increasing the global spend on oil operations, despite\u00a0the shale oil &#8220;miracle&#8221; so loudly touted by the press &#8212; global production remains nearly unchanged. In just a few short years, it\u2019s now costing us double to extract roughly the same amount of oil out of the ground.<\/p>\n<div>&#8230;click on the above link to read the rest of the article&#8230;<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Peak Cheap Oil &#8211; Crash Course Chapter 20 | Peak Prosperity. Energy is the lifeblood of any economy.\u00a0 But when an economy is based on an exponential debt-based money system and\u00a0that\u00a0is based on exponentially increasing energy supplies, the supply of that\u00a0energy\u00a0therefore deserves our very highest attention. But we need to be careful here because it\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[263,961,617],"class_list":["post-1262","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-energy","tag-peak-cheap-oil","tag-peak-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1262"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1262\/revisions"}],"predecessor-version":[{"id":1263,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1262\/revisions\/1263"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}