PeakOil

PeakOil is the name of a theory in the world wide energy market that around the year of 2010 oil prices will begin a never ending rapidly rise (till all global resources are used a proximally around the year of 2040). This abnormal price rise will be coursed by increasing demand of developing countries like China and descending supply by drying of current mayor and new easy to explore fields.

Recently Boone Pick (the Oracle of Oil, currently still CEO BP Capital with 56 year experience in the oil industry) states on CNBC: ’the actual production of 85 million barrels a day is the maximum production ever will be accomplished, from now on (if demands still will grow,and that will be the increasing energy demands of the emerging asian economies) prices will go up, up, up’. This broadcast can be found on YouTube.

PeakOil will make everything that heavily uses energy (so also by air cargo imported vegetable, fruit, flowers, herbs, pharma, fish and seafruit) parallel rapidly expensive.

The bio-physics technological development within our company will lead within less than 5 years from now to a very low energy demanding type of agricultural industry, that can supply locally each type of vegetables, fruit and flowers the whole year around. This will prevent the need of in natural climates grown ‘off-season’ by air cargo fly-in vegetables, fruit and flowers in the northern parts of the world, just by the time the PeakOil market mechanism will increase jet-fuel rates so high that by air cargo fly-in vegetables, fruit and flowers will become to expensive for common people.

As said: If PeakOil really will happen, all by air cargo imported fresh vegetables, fruit and flowers will become to expensive for the common people. Therefore we see it as our main challenge to develop and deliver technology that will make local (fresh) producing all type of vegetables, fruit and flowers anywhere in the world possible, especially in the northern part of the world. The for health reasons necessary fresh vegetable, fruit and flowers than will still available for everyone in society the whole year round against low prices. Otherwise from start of PeakOil on, in the winter only the ‘in-season’ and ‘in-climate’ vegetables such as cabbage and sauerkraut or canned or frozen food (with the same energy consumption ‘from grow to kitchen’ as bio-physics fresh food) will be affordable for the common people.

The possibility growing vegetables, fruit, flowers, herbs, pharma (and later-on even fish and seafruit) by lower temperatures than they are used to in their natural habitat is our challenge. This reduce the energy consumption of growing vegetables, fruit, flowers, herbs, pharma, fish and seafruit tremendously.

Our main field of research is the use of low energy light technology, which mislead the temperature sensors of vegetables, fruits and flowers and therefore let them increase their grow process even if the real temperature is lower.

In the graph under this page on our website you can see that world production is almost 3 years now (2005, 2006 and 2007) on a stable 85 mbd. This explains the price explosion since 2005. And when 85 mbd the max day production ever is, than declining is the next phase. Increase of demands by every western economy and certainly by the emerging Asians economies, combined with a decline of supply. Each economist can tell the effect on the prices of these two contradictionairy market forces.

Declining from 85 mbd is no maybe, but a fact of exploration curves. Recently the government of Norway has decided not to explore the enormous gas reserves in the giant Troll field, because this should increase severely the oil production decline rate of Troll.