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ecostories 2011
| We maintain in the balances with nature if we don't consume natural resources and minerals faster than nature requires for regeneration and replenishment. Titanic |
Peak oil is the maximum oil extraction rateIndependent geologists, as well as major oil companies and the International Energy Agency, state that we have reached the maximum.Oil consumption can never exceed "production" (extraction). After the maximum, some say by 2012 or 2015, we will face declining oil availability. Compare Oil Peak Extraction curves for the world and some selected countries
Our modern world is almost totally dependent on fossil fuels, of which oil is the most important. There is no equivalent replacement for oil, neither in quantity nor in quality. 
Oil is a dead-end road (eine Sackgasse). Approximately ten percent of crude oil is used as base material for a wide variety of products, such as pharmaceuticals, plastics and fertilisers. Modern agriculture, and food production and distribution depends on oil. We are virtually eating oil. So-called "alternative fuels" are mostly electricity. We can't eat electricity. The technology doesn't exist to replace oil in food production. Today's problems cannot be solved by yet-to-be-invented technology. So we have to work with the technology and techniques that we know. We may have to rethink our production and consumption patterns, the ways in which we satisfy our real needs and some of our luxury "needs". 
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