Hubert’s Curve or Rising Energy Prices
65Residential Wind Turbine
Hubert's Curve - The Bankruptcy of Fossil Fuels - And a Change to prove ourselves.
In computing the Law of Moore that predicts the exponential growth of computing power and until now hasn't let us down. In the field of energy consumption we know the sad or promising prediction of the Hubert's curve.
Top geologist Marion King Hubert studied the American Oil Production. And back in 1949 he published his findings and predicted a sharp increase in production and consumption. Followed by a top in the production but a still growing demand and finally a sharp decrease in production capability.
At the time he was heavily criticized, the common opinion back then was that if you needed more oil the thing only thing you needed to do was to dig a few extra holes. History is now telling us a different story.
Our dependency on Fossil Fuels means giving our Power away to each and everyone who has the stuff
When we became more and more dependent on oil the production sharply increased, demand grows and production of the finite resource increases even more. The growing availability of the resource increases demand further. But because we are dealing with a finite resource eventually the production will get problematic. And after peaking the production will drop.
He was right about American Oil Production. We saw the production peaking in
1974, to drop after wards. The US became increasingly dependent on foreign oil
reserves. In 2005 president George Bush agreed that the US had become addicted
to oil.
This story is repeating itself for the oil and gas production in Europe which
topped in 2000 and is falling now. In fact you can say that this story repeats
itself with every finite resource.
Look beyond the curve, we don't have to slide into disaster.
Fact is that there is no lack; energy is so abundantly present we only need to harvest it
The funny or sad part is that it seems to be so inevitable, no matter which oil field, no matter with Production Company or method. Production follows the Hubert's curve. Of course this doesn't mean that there will be no oil, natural gas or coal available.
But in the supply and demand economy we will see, actually we are seeing it
now, an increase in price. And with the dependency or as Mr. Bush puts it, the
addiction we become at the mercy of foreign fuel reserves.
Strangely, or predictably enough this story seems to be the same for all our
precious and scarce resources. Demand grows until a point is reached where the
production just can't follow the growing demand.
If we look at the present food crisis I can't help but to see the same story
repeating itself, growing demand. Wealth increases in the emerging Economies so
demand grows more. We need Bio fuels made from the same materials as our food.
The story seems sad and prediction a bleak future. But in reality there is no
energy shortage. Never was and never will be. We are surrounded by unlimited
energy sources. Wind, Sun, Water. To maintain our way of life we need to find
ways to harness that energy freely available. The sun alone can supply us with
10.000 times the energy we need at the moment.
Yes the earth is overpopulated but with the tremendous resources available to us we do have a way out. There is no other option, and as humans we are capable of doing it.
John F. Kennedy said in the early sixties that before the decade he lived in was over there would be people walking on the moon. And although the odds seemed against it, our determination made that Neil Armstrong in 1969 could say: "On small step for a man but a giant leap for mankind".
Worries won't help, creativity will, let’s act and use what is so abundantly given.
We need to get into action and instead of fighting a losing battle use our
resource to find new ways of energy production. The top of world production is
predicted between 2020 and 2040. But with the increasing demand of the emerging
economies we might have to face the inevitable sooner.
Therefore we need to prove to ourselves and to the world that we are capable of
finding alternatives instead of being taken hostage by powers that are at
another point in the bell curve.
- A review of Peter Hoffmann's book on the Hydrogen Economy
There is more then one way out but we do need to act. The time of complaicency has past.
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