Scott Benson

The 'Peak Oil' Myth: New Oil Is Plentiful

You don't understand peak oil, dude. Nobody says we are running out of oil. Peak oil says we may be running out of CHEAP oil, on which our modern world economies depend. Every alternative you list, from the Brazil Tupi and Carioca fields (indeed impressive amounts, maybe, but very deep in the earth) to the oil shale nonsense, are going to be HUGELY expensive to produce. There is lots of oil for people who can afford it. But few people seem to acknowledge that most of the world isn't all that rich. Do your research, my man.