- Thread Starter
- #21
Tgace said:
Peak Oil does not mean running out of oil. Peak oil means running out of cheap oil. All of these articles imply that "doomsayers" say we will run out of oil. That is not true. Please check the above graphs posted. Cheap Oil is the Key. When Peak Oil hits, all of the cheap oil is gone. From that point on, oil becomes more and more expensive...until our economy which depends on cheap oil collapses.
These articles are nothing but "head in the sand" disinformation remininiscent of the "smoking does not cause cancer" type. They talk about extraction of the bottom fifty percent like it will be some technologic wonder, yet NONE of these people have actual experience with the industry like ASPO.
Technology be damned, we cannot do some of the things suggested cheaply... :whip:
The articles all agree, Peak Oil will happen. The most "liberal" estimate I saw was 2030 and this was from an Italian agency... I've seen "estimates" as far as 2040. This is truly the optimistic fringe and it is still within my lifetime. My children will have to live through the post carbon era...