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'Peak Oil' and the German Government--Military Study Warns of a Potentially Drastic Oil Crisis
Spiegel ^ | 09/01/2010 | By Stefan Schultz

Posted on 09/02/2010 5:03:40 AM PDT by DeaconBenjamin

A study by a German military think tank has analyzed how "peak oil" might change the global economy. The internal draft document -- leaked on the Internet -- shows for the first time how carefully the German government has considered a potential energy crisis.

* * *

The study is a product of ... a think tank tasked with fixing a direction for the German military. The team of authors ... uses sometimes-dramatic language to depict the consequences of an irreversible depletion of raw materials. It warns of shifts in the global balance of power, of the formation of new relationships based on interdependency, of a decline in importance of the western industrial nations, of the "total collapse of the markets" and of serious political and economic crises.

The study, whose authenticity was confirmed to SPIEGEL ONLINE by government sources, was not meant for publication. The document is a draft and consists solely of scientific opinion, which has not yet been edited by the Defense Ministry and other government bodies.

* * *

Parallels to activities in the UK

The leak has parallels with recent reports from the UK. Last week the Guardian newspaper reported that the British Department of Energy and Climate Change (DECC) is keeping documents secret which show the UK government is far more concerned about an impending supply crisis than it cares to admit.

According to the Guardian, the DECC, the Bank of England and the British Ministry of Defence are working alongside industry representatives to develop a crisis plan to deal with possible shortfalls in energy supply. Inquiries made by Britain's so-called peak oil workshops to energy experts have been seen by SPIEGEL ONLINE. A DECC spokeswoman sought to play down the process, telling the Guardian the enquiries were "routine" and had no political implications.

(Excerpt) Read more at spiegel.de ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: energy; germany; military; peakoil

1 posted on 09/02/2010 5:03:43 AM PDT by DeaconBenjamin
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To: DeaconBenjamin

These Bozos will find out about Peak Oil when OPEC floods the market to stop all the ‘Greem’ PC BS being promoted by the worldwide communist front.


2 posted on 09/02/2010 5:06:33 AM PDT by screaminsunshine (m)
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To: DeaconBenjamin

-—yep— been an impending “crisis” since about 1919 , when the first assessment of “peak oil” hit the press—


3 posted on 09/02/2010 5:16:24 AM PDT by rellimpank (--don't believe anything the MSM tells you about firearms or explosives--NRA Benefactor)
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To: screaminsunshine
I know where we can find a lot of oil - right under the old Deepwater Horizon well.

Unfortunately some sort of primitive superstition will prohibit us from going back after it, I'm sure.

4 posted on 09/02/2010 5:20:57 AM PDT by The Duke
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To: The Duke

They will get it later. OPEC can pump plenty to glut the market.


5 posted on 09/02/2010 5:24:27 AM PDT by screaminsunshine (m)
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To: DeaconBenjamin
"A study by a German military think tank has analyzed how "peak oil" might change the global economy."

And yet as I'm driving to work this morning I hear a news piece about the proven reserves of oil and natural gas having reached the highest point since the statistic has been kept. More and more evidence indicates that most of the oil and gas in the ground are produced naturally within the Earth's crust as a byproduct of plate tectonics. SO SHUT UP ALREADY!

6 posted on 09/02/2010 5:24:27 AM PDT by Desron13
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To: DeaconBenjamin

Some folks say that there is perhaps the greatest glut of oil ever right now:

“Oil Should Be Around $10 a Barrel: Analyst”
http://www.freerepublic.com/focus/f-news/2581950/posts


7 posted on 09/02/2010 5:25:12 AM PDT by ClearCase_guy
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To: DeaconBenjamin

Another account of this story:

http://www.freerepublic.com/focus/f-news/2581805/posts


8 posted on 09/02/2010 5:27:09 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: DeaconBenjamin
Peak Oil? Utter ridiculous bravo sierra.

If Iran and Iraq could have the same modern production methods and refineries found in the West, these two countries could just lap the rest of the Persian Gulf states in terms of oil production and known oil reserves. And there are potential oil fields in eastern Siberia and the Spratly Islands between Vietnam and the Philippines that have yet to be exploited.

9 posted on 09/02/2010 5:35:37 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: DeaconBenjamin

An invasion of Russia would solve the problem.

Russia is but a shell of previous giant. Taking Russia and running it as a territory with sound capitalist government would be a boon for the alcoholics who live threre


10 posted on 09/02/2010 5:36:31 AM PDT by bert (K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming)
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To: DeaconBenjamin

I do not buy off on peak oil, but at the same time it would be extremely irresponsible to not plan for worse case scenarios. There are many very real scenarios where oil supply could be suddenly cut off.


11 posted on 09/02/2010 5:47:49 AM PDT by coon2000 (Give me Liberty or give me death!)
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To: DeaconBenjamin

I do not buy off on peak oil, but at the same time it would be extremely irresponsible to not plan for worse case scenarios. There are many very real scenarios where oil supply could be suddenly cut off.


12 posted on 09/02/2010 5:48:29 AM PDT by coon2000 (Give me Liberty or give me death!)
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To: coon2000
I do not buy off on peak oil, but at the same time it would be extremely irresponsible to not plan for worse case scenarios. There are many very real scenarios where oil supply could be suddenly cut off.

That's why we need to invest in upgrading and developing our passenger rail infrastructure... to reduce our dependence on imported oil.

13 posted on 09/02/2010 6:00:38 AM PDT by Willie Green (Some people march to a different drummer – and some people polka.)
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To: DeaconBenjamin
We are at “Peak oil regulation” right now. More oil has been discovered in the last few years than was known to exist. We have enough oil to flood the world market ourselves except for our dictatorial environmentalists. They don't want cheap fuel. They don't want successful industry or allow us to travel.
14 posted on 09/02/2010 6:15:00 AM PDT by mountainlion (concerned conservative.)
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To: DeaconBenjamin
if the global left retains control over the world economy “peak oil” will be a millennium off schedule.
15 posted on 09/02/2010 7:49:49 AM PDT by mmercier (so it goes)
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To: bert

GMTA...my first thought was PANZERS ON THE CAUCASUS!


16 posted on 09/02/2010 12:35:46 PM PDT by j-damn
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