Jobs After Peak Oil: What to Consider | Physics Forums

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Discussion Overview

The discussion revolves around the implications of Peak Oil on future job markets and industries. Participants explore the potential consequences of declining oil production on various sectors, the need for alternative energy sources, and the types of careers that may emerge or decline in response to these changes.

Discussion Character

  • Debate/contested
  • Exploratory
  • Conceptual clarification

Main Points Raised

  • Some participants express concern that the global economy, heavily reliant on oil, will face crises as Peak Oil consequences unfold, leading to job losses in several industries such as Oil Engineering, Aerospace, and Automotive.
  • Others argue that the situation presents opportunities for innovation and growth in alternative energy sectors, suggesting that demand for educated professionals in physical sciences will increase.
  • A participant mentions that while oil production may decline, the oil and gas industry will likely adapt and diversify into alternative energy sources.
  • Some participants challenge the notion that Peak Oil will lead to an economic collapse, suggesting that industries will find ways to adapt and that the decline in oil production will be gradual.
  • Concerns are raised about the reasoning of those who predict catastrophic outcomes from Peak Oil, with some asserting that such views are overly alarmist.
  • There is discussion about the potential for engineering jobs to increase as society seeks alternatives to oil, countering claims of widespread job loss.
  • Some participants question the viability of certain industries listed as at risk, arguing that many will adapt to changing circumstances and that reliance on oil is not as absolute as suggested.

Areas of Agreement / Disagreement

Participants do not reach a consensus; there are multiple competing views regarding the implications of Peak Oil, the adaptability of industries, and the overall impact on job markets. Some express alarm while others advocate for a more optimistic outlook.

Contextual Notes

Participants reference various studies and historical data regarding oil reserves and production timelines, but these claims are not universally accepted or verified within the discussion.

Artus
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Maybe you've heard about Hubbert peak aka Peak Oil . Otherwise, this threads should be useful for you:

Code:
https://www.physicsforums.com/showthread.php?t=172175&highlight=hubbert

Code:
https://www.physicsforums.com/showthread.php?t=184372&highlight=hubbert

The global economy it's entirely oil based. From fuel to crops. As soon as the peak oil consequences begin, a global crisis will arise and the industry is going to suffer energy and supplies shortages. Some people are talking about oil substitutes but they're actually more sci-fi related than a real alternative, and some areas like R&D will be affected.

In a world with energy, food and medicine scarcity. What kind of careers would be good to follow? We can think about the industries to be disappearing:

Oil Engineering
Aerospace
Electronics
Automotive
IT
Finance
Plastics
Public transportation
Biomedic devices
Some chemistry areas

Maybe it's hard to say it, but the world won't be able to absorb all the unemployed BA, B Eng, BSc or PhDs. Maybe it's time to learn to work in a farm.
 
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Oh no, not another apocalyptic alarmist thread. I suggest we tackle this emergency first:

http://uncyclopedia.org/wiki/Peak_mummy"
 
Last edited by a moderator:
Some people choose to see adversity. Others choose to see opportunity.

We're already starting to see the impact of high demand for oil affect industry. Consider the recent massive layoffs in the north american auto manufacturing sector. With rising fuel prices, there is simply less demand for gas-guzzling SUVs. On the flip side, consider companies like Tesla and their electric sports car line. I think in the next five years or so, all the celeb-types will be lining up for these toys and there will be a boom in related industries.

In contrast to the original post, I would argue that the world will need more people educated in the physical sciences to act as innovators.
 
Artus said:
Maybe you've heard about Hubbert peak aka Peak Oil . Otherwise, this threads should be useful for you:

Code:
https://www.physicsforums.com/showthread.php?t=172175&highlight=hubbert

Code:
https://www.physicsforums.com/showthread.php?t=184372&highlight=hubbert

The global economy it's entirely oil based. From fuel to crops. As soon as the peak oil consequences begin, a global crisis will arise and the industry is going to suffer energy and supplies shortages. Some people are talking about oil substitutes but they're actually more sci-fi related than a real alternative, and some areas like R&D will be affected.

In a world with energy, food and medicine scarcity. What kind of careers would be good to follow? We can think about the industries to be disappearing:

Oil Engineering
Aerospace
Electronics
Automotive
IT
Finance
Plastics
Public transportation
Biomedic devices
Some chemistry areas

Maybe it's hard to say it, but the world won't be able to absorb all the unemployed BA, B Eng, BSc or PhDs. Maybe it's time to learn to work in a farm.

The last study I read, the current and project reserves will last till around the year 2080. It was by OPEC I believe (year: 2001).

The US hit Peak Oil around 1972 and the world hit it around 2003 (depending on who you ask).

The oil and gas industry won't disappear. Currently we are finding new reserves in very deep water (5,000 to 10,000 feet and soon 12,000 feet). At some point the oil will disappear, but the industry will not - they will have diversified by then into alternative energy, much like BP is doing.

CS
 
What have you got against geophysical power generation and chemical energy storage?
 
Alternative energy generation units are getting a lot of money at the moment; both from the investment side and production side.

However, peak oil should be read “need better extraction methods.” Now, S.A. and Kuwait developed some interesting numerical methods to help deal with these issues in the past. So, if you happen to like numerical analysis this might be a fantastic decade for you.
 
The career fields you highlighted are full of problem-solvers. I'm sure they'll be fine.
 
Peak oil is half way. It means oil production will be slowly declining and then rapidly in 20 or 30 years. It just means that we need to get our head out of our a__ and get to work on alternatives. It means more engineering jobs, not less.
 
The problem is that peak oil fanatics use dubious reasoning to "prove" that the minute people realize Peak Oil has hit, the economy will spiral out of control, or something.

Since Peak Oil has *already happened*, this is clearly false.
 
  • #10
wildman said:
Peak oil is half way. It means oil production will be slowly declining and then rapidly in 20 or 30 years. It just means that we need to get our head out of our a__ and get to work on alternatives. It means more engineering jobs, not less.

The problem is we're not doing anything fast. And even without PO there is a worldwide economic crash that will affect all of us. I'm not saying it's the end of the world but we're no ready to face the challenges.

uman said:
The problem is that peak oil fanatics use dubious reasoning to "prove" that the minute people realize Peak Oil has hit, the economy will spiral out of control, or something.

Since Peak Oil has *already happened*, this is clearly false.

I'm not a fanatic, I'm just concerned about the actual situation. Oil and Economy are big issues but you don't need to be an apocalyptic maniac to be worried.
 
  • #11
So Artus, tell us - what have you done?

You're okay with saying that we're not ready to face the challenges... But maybe it's just you.
 
  • #12
Get a job working for Vault-tec building and designing underground nuclear bunker-type living areas. The resource war will start with the middle east and Europe, but once the US annexes Canada, and China takes Alaska, all hell will break lose.
 
  • #13
Plus, your list is rather ill thought out.. aside from the oil industry, the majority of the industries that you have listed will find a way to adapt.

Finance purely devoted to the fluctuations of oil? Public transportation (automotive).. you mean in the 30-70 years we have left, we won't have vehicles that can run on electricity, which by the way, only a small percentage of the worlds total electricity generation is done by oil.

Biomedical devices.. you mean, like a strictly oil powered med machine? Electronics.. I'm not sure how you figure this either. So on and so forth.

The only industry that would truly collapse is well, the oil industry, so I suppose don't go there if you're concerned that much.
 
  • #14
Biomedical devices.. you mean, like a strictly oil powered med machine? Electronics.. I'm not sure how you figure this either. So on and so forth.

To be fair the materials used to build that stuff are dug up and moved around with heavy diesel powered machines, and some of those things (like plastics) are made from oil (basically every petrochemical product, which there are quite a few).

However, that doesn't mean that alternative energy sources for those big machines and alternative materials for petrochemical products won't be found.
 

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