FREE REPORT : The
End of the Oil Age and the Coming Global Economic Collapse
Oil production world wide is in the initial stages of collapse.
(2006)
Mexico – The giant Cartarell oil field
down 20% in 2006
Great Britain – North Sea field down 8%
per year – peak production in 1999
Saudi Arabia – Oil production down 8%
in 2006
Norway – Peak oil production in 2001
Chevron reports that of the 48 nations
producing oil,
33 are in decline
The global economic system is totally dependent upon reliable
supplies of cheap oil. Because of increasing risk of oil supply
disruption, the current global economic system is unsustainable and
is in the initial stages of collapse, with global economic collapse
occurring in 2010 – 2015, with currency destruction, global economic
depression, famine, disease and pestilence, and violent crime
inevitable
For the period 2010 – 2050.
The global system
predicated upon and endless supply of cheap oil is ending, with no
viable substitutes for oil available now, or in the foreseeable
future.
By 2009 – 2010, the demand for oil will greatly exceed supply, and all
pricing mechanisms for over
3000 commonly used consumer goods will fail and economic chaos will ensue.
Global peak
production of occurred in Dec 2005, and oil production figures have been flat
since that date. Natural
gas production on the North American continent will go into steep decline in the
later part of 2008,
and by 2010 world production figures for oil begin a steep, irreversible
decline. Such a decline will totally
destabilize all manufacturing, transportation and agricultural systems, bringing
on a total global
economic collapse. No Society will be immune from this economic chaos, but some
will suffer sooner
than others.
The United States, Great Britain and China will without question compete for
energy resources
world wide with possible catastrophic results( the Last World War). In this
unprecedented crisis, every facet of modern
life that depends upon or is influenced by oil or natural gas (manufacturing,
transportation,
agriculture, electrical production, roads, communications, etc.) will undergo
extreme rapid change at
minimum, and total collapse in the worst case. Complete decline of oil and gas
production is not
necessary to bring on the instability that will lead to collapse. The enormous
populations of India
and China will shortly consume such large amounts of the limited oil and gas
supplies that the supply
and demand balance that the world has enjoyed for the last 50 years(and the
economic stability that balance has
provided) will end at the latest in 2010-2012. Economic disruptions are already
present, but will become
much worse in 2010 and the decades to follow. The price of a gallon of gasoline
will be in the $15.00
range sometime in 2010 – 2012, and increase from there.
The United States appears to be trying to postpone the oil shortage with
permanent bases in Iraq,
which has 8% of the worlds remaining reserves of oil. The United States also is
poised at the time of
this writing (Sept 07) to attack Iran, also with large proven reserves of oil.
Such tactics may postpone
the inevitable for a short time, but the ultimate fate of all societies that run
on oil is inescapable in the
very near future. Food production will decline with oil production decline.Famine is inevitable and
unavoidable even in the United States as water supplies, fertilizer and
insecticide production, and
energy for food processing and storage decline.
Mexico presents a case to study – the main oil field, Cantrell, is in the
Gulf of Mexico about 50 miles
from the Mexican mainland. Cantrell provides the oil that finances 60% of the
costs of the Mexican
Social services programs. Cantrell is in serious decline, down 20% in one year.
Such a decline is
catastrophic, the field will be essentially exhausted by 2012 (5 years). Mexico
is the number 2 supplier of crude oil to the US after Canada and this loss will
cause severe supply problems in the US. Mexico is extremely unstable.
Civil war is highly probable in Mexico before 2012, and could probably begin
by 2010, when this
occurs, the United States will be invaded by 20 – 30 million Mexican civilians
fleeing the violence in
their homeland.(Update Nov 07-southern Mexico is already in the beginning stages
of what appears to
be a civil war with hundreds of minor officials and police assassinated after
recent flooding)
Richard Heinburg, author of Powerdown and the Party’s Over has stated that
in
the
U.S., the economic collapse will probably take the form of a recession that
gradually worsens into a
depression and this depression simply will never end. Hunger, disease, and
violence in the U.S. are
unavoidable at this point. Unemployment far worse than the Great Depression of
1929 – 1940 will
destroy the economic base and savings of every American family. The danger of
injury or death from
interpersonal violence will be an ever present danger as the number of homeless
wandering vagrants
increases exponentially, year after year, beginning about 2010. There are about
100,000,000 (One
hundred million) pet dogs in the U.S., many will be released by their owners to
run free as their
owners experience unemployment and the inability to purchase food for their pet
animal. Dog owners
are reluctant to kill their pets, and will simply set them loose – these animals
will gather and run in
packs, easily capable of killing an unarmed man. Every year many children are
mauled by dogs,
many suffer disfigurement and permanent injury . This danger will not be
something most people
will consider until it is too late. Expect the danger of attack and injury by
will dogs to increase
exponentially after 2010 – 2012. This is only one of the many unexpected dangers
that will be present
in the post-carbon era.
Mankind’s oldest enemy, disease, will return as medical facilities shut down
and supplies of
antibiotics
and other medications dwindle. Tuberculosis, cholera, typhoid fever, influenza
and many others are already present in drug-resistant strains and will
return shortly and uncontrollably after medical care and public health
(sanitation) services decline.
Epidemics will be permanently present and absolutely uncontrollable.
The geographic U.S. will probably change in the years after 2012, with the
lower ¼ of the continental
U.S. becoming predominantly Hispanic/Mexican. With dwindling energy supplies
available, the U. S.
Government will be unable to prevent an invasion by Mexicans and other
Hispanics, who will control
California, Arizona, and parts of Nevada, New Mexico and Texas.
The U.S. East coast has, for the most part, been rendered unusable for
farming by endless suburban
sprawl. As gasoline prices
increase, the homes of suburbia will lose their value and be abandoned. The
office buildings of
Boston, New York City, Philadelphia, Baltimore will be unusable in an energy –
short, declining
economy. Power shortages will occur as oil supplies to fire electrical
generators become more
and more expensive, and finally unavailable. The East coast cities will become
uninhabitable
wastelands with a few building left burning as a monument to mans failure to
understand
cause and effect. The only people left will be vagrants and squatters. Long
Island will be left
in ruins, with millions of the elderly abandoned. All areas and especially
cities extremely dependent
on oil and gas will simply fall into disrepair and disuse and be abandoned as
electricity, water, sewage
and other essential services become unaffordable or unavailable. California,
Arizona, Texas and New
Mexico and its cities will revert
to uninhabitable arid scrub desert, and Los Angeles, extremely dependent on
motor vehicles, will
simply be abandoned.
Miami, Houston, New York,
Chicago and other large metropolitan areas, heavily dependent on automobiles,
gas and oil, will
slowly be abandoned as essential supplies and services become unavailable.
Florida will become uninhabitable without
cheap energy for air conditioning, food transport and water pumping stations.
Hundreds of
Thousands of homes in Florida and the southwestern US will be simply abandoned
because they are
made of concrete and
absorb the suns rays very efficiently. No one can sleep in a bedroom that is 140
degrees at
midnight. Tens of thousands of condominiums on Miami beach will be abandoned.
Without
cheap energy they cannot be cooled, and the elevators don’t work.
Recently (summer of 07) a bridge in Minneapolis failed, with loss of life. There
are 77,000 more
bridges in the U.S. in similar need of repair. As we go further into an era of
severely reduced
resources and energy, those bridges are ticking time bombs. Many deaths will
ensue as Americas
crumbling roads and bridges collapse for lack of repair and maintenance, and
transportation of
manufactured goods will become impossible.
The waterlines and sewage pipes of America are ageing, most being over 50 years
old and in need of
replacement or repair. These structures carry drinking water, and a breakage can
easily cause
contamination of drinking
water with disease – causing micro-organisms, with disastrous results in the
form of epidemics of
deadly diseases.
The money to repair Americas bridges, water mains, sewage systems and other
infrastructure will
not be available as gross domestic product declines rapidly as the energy
shortage worsens.
The coming economic collapse will almost certainly include the destruction of
the US dollar, as the
Federal reserve Bank issues more and more currency and credit to prevent the
large banks and
mutual funds from going bankrupt in the financial chaos caused by the energy
shortage. Few people
notice that the US dollar has lost 40% of its value in the last 6 years. As the
government tries to
prevent the massive defaults on the adjustable rate mortgages scheduled to reset
in late 2008, the
value of the dollar will plummet, and this will only make the effects of the
energy shortage worse, as
America tries to purchase foreign oil with worthless dollars. This is a
catastrophe happening right
Now-and soon, within a few years, the government, state, local and Federal will
no longer be able to
provide essential services. As in
hurricane Katrina, the police will desert their posts and go home to protect
their families from the
growing danger and violence. The courts at all levels will cease to function for
want of law
enforcement officers. The Federal government will fall to tyranny and
dictatorship briefly, and
then cease to function altogether. Lawless ness will be recognized as the new,
permanent condition.
Those who have no means of self-defense will be brutalized, robbed, raped,
beaten and murdered.
Women’s rights and the progress made by the women’s movement will be lost almost
immediately.
Interpersonal violence over diminishing food supplies will be commonplace. Many
will not survive.
As in wartime everywhere, women and children will suffer most of all.
THE FUTURE 2010 - 2050
The future is impossible to predict, but several probable scenarios can be
presented:
Things stay pretty much as they are – if the US Government can manage to secure
supplies of
Oil and gas from the remaining oil fields, the American lifestyle can continue
unchanged for several
more years past 2010 – but not for long. The major competitors for energy will
be China, India,
Japan, Germany, England, Spain and Italy. The demand for energy of these
countries will upset
And destabilize the global energy system, causing total global economic
collapse, regardless of what
The US Government does. And the US economy will collapse if the Chinese and
Japanese economies
stall for lack of energy.
We can expect world-wide blackouts and brown outs after 2010. Currently, in the
US, we have
begun to see localized power failures and blackouts as the demand for
electricity exceeds the supply
ability of the grid. Natural gas, gasoline and diesel supplies will begin to run
short late in 2008, with the price of
gasoline spiking to $15.00 per gallon within 18 months of January 2010.
Ultimately, it has been argued that the carrying solar capacity of the Earth is
the number of people
alive before the age of oil and gas, in the pre-industrial era.
Global human population may plummet from 6.5 billion to 1 billion or less.
In the US, during the period 2010 – 2020, the population may be reduced from
300,000,000 to
150,000,000 through starvation, and then be further reduced by 100,000,000 by
infectious disease associated with malnutrition and lack of sanitation, sewage processing, and
medical care.
It is not widely known, but in the US, 25% of the population died prematurely
from disease
associated with inadequate nutrition during the great depression of 1929 – 1940,
and this was at a
time when almost every home had a garden, and almost everyone had practical
experience in
farming.
America has an ageing population-what will happen to the elderly in an era of
declining a
availability of heating fuel, medical care and pharmaceuticals?
The catastrophe of 2010 – 2050 will be far worse in terms of death toll. At the
present moment,
almost no one raises a garden, or preserves and stores food in the US. The
number of farmers is
less than 2% of the total population. Much farming knowledge has been lost, and
suburban sprawl
and paving has covered much of America’s prime farmland, especially in the East.
As the US economy disintegrates from lack of cheap, abundant energy, food
production will
decline starvation or hunger will be common, and homelessness on an
unprecedented scale will
ensue. Cold, hungry and starving people will be every where, violence over food
or the land to grow
it on will be epidemic, and crime will be rampant, with generalized lawlessness
over the entire
country.
Conditions in England will be worse because of the large population relative to
available farmland.
Transportation of food over ruined roads and collapsed bridges will be
impossible.
Eventually, by 2050 or so, the civil disorder will subside, and a new
civilization will arise from the
ashes.
Sky scrapers, super highways and bridges will be abandoned and in ruins, the
final reminders of
an oil-based civilization that once dominated the landscape. Law and order will
probably never
return, at least not for several lifetimes.
Those who survive under these conditions will use techniques and knowledge that
has been human
tradition for countless centuries – small animal husbandry, small scale
agriculture, and trade of
handmade goods.
Medical supplies, especially anti-biotics and sterile surgical supplies will be
highly valued, and
will save many lives during the period of most intense violence, 2010 -2020.
Self-defense skills and proficiency with small arms will be a matter of life and
death.
World wide, 80 – 90 % of the human population will perish.
Only the well
prepared will
Survive.
The Peak
Oil Global Economic Catastrophe- Your Personal Plan
for Survival"
"Dear Reader-I have decided to make available the
partially-finished edition of my newest Peak Oil
survival book that gives you a practical blueprint for
surviving the peak oil geopolitical and economic
disaster which is almost upon us. I have done this
because we are at $99.00 oil and gold above $800.00
per ounce-this tells me that the collapse of the
dollar and with it the world economy is a distinct
possibility within the very near future- this is
totally unpredictable but possible now at any
time-literally at any moment. Once the flight from the
dollar into the Euro or some other currency gets
started, people (and governments holding dollars,
T-bills Treasury Notes and stocks and bonds of US
corporations will likely panic, -which would cause an
uncontrolled sell-off- and the US economy may rapidly
go into a severe decline, worse than the Great
Depression. There is so much debt that a global
economic disaster cannot be prevented at this point.
The central banks of the world cannot stop the massive
shift out of dollar-denominated financial instruments,
and this will bring on an absolute disaster for the US
and anyone holding dollars-if we are lucky the banks
and the government may be able to delay the crash for
a year or two if the supply of oil is not interrupted.
The crash is inevitable and cannot be stopped- you can
only prepare for it as best as you can. The danger is
imminent- a total collapse of the dollar or of the
stock market could happen at any moment. For this
reason I have chosen to release my book even though it
is not finished- those who purchase now will receive
updates, chapter by chapter as it is completed. The
book provides an overall plan for survival-basically
it in a polished 3rd draft-and even though the book is
not in its final, finished version, it has much of the
important, vital, basic information that you need to
get going on your survival project- so that you can
get started right away -NOW, TODAY-to prepare for the
collapse that is coming. I urge you to prepare,
prepare, prepare-and do it NOW. once the run on the
dollar gets going, it will be too late. You must have a
plan, knowledge, and supplies-and it will take time for
you to put all of this together. If we are lucky we
still have a year or two- if we are real lucky the US
government will get some more oil from somewhere to
keep things together a little longer- but not much-we
are at global peak oil production and the inevitable
steep decline (we are already in a global decline
of 6%) will totally destroy the US and world economy,
probably by 2010-2012. "
Time is short-you must
prepare-NOW!!!
Very Truly Yours,
Dr. Joseph DiRuzzo
Get Dr. DiRuzzo's new book now and start
preparing to SURVIVE. This eBook is packed with valuable
information that will mean the difference between life and death
for you and your family in the coming peak oil disaster that
looms in the very near future!