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Shaun Connell  

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  • Peak Oil Myth: Debunking The Peak Oil Theory [View article]
    Add "begin to" before "run out", and everything in my point still stands.

    I don't underestimate future demand. I'm counting on it being huge. That's the point. Demand doesn't just create consumption -- it creates financing for new alternatives and sources.
    Sep 4, 2012. 09:09 AM | 1 Like Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen [View article]
    A "reasonable price" is arbitrary and misses the point. Peak oil is the idea that oil production will hit a peak because of supply problems -- not consumption dropping for different reasons like alternatives or efficiency.
    Sep 4, 2012. 09:04 AM | 1 Like Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen [View article]
    Population growth isn't a problem so long as we keep growing and researching.
    Sep 4, 2012. 09:03 AM | Likes Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen [View article]
    He was also dead wrong about oil overall, because he didn't account for more efficient consumption, technological innovation, alternatives, etc. It's a decade too late, and it'll likely be another decade or three before people will even admit it.
    Sep 4, 2012. 09:02 AM | Likes Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen [View article]
    Resources can certainly be used up, but that's not what "peak oil" means, as I've explained in both articles. No one -- not even the most anti-Peak people -- say that resources aren't depleted to an extent. We just disagree on what that -means-.
    Sep 4, 2012. 09:01 AM | 1 Like Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen [View article]
    We don't need to make tractors run on electric-- just a good hunk of the cars. Same with natural gas, biodiesel, and the other alternatives This "it's all or nothing" mentality makes no sense.
    Sep 4, 2012. 09:00 AM | 3 Likes Like |Link to Comment
  • This Is The Real Source Of Our Economic Problems [View article]
    There was never actual deregulation. The crisis was caused by government forcing subprime mortgages to be lent out mixed with government-caused artificially low interest rates.

    The crisis was a purely government caused crisis.
    Sep 4, 2012. 08:51 AM | Likes Like |Link to Comment
  • Peak Oil Myth: Debunking The Peak Oil Theory [View article]
    The difference, of course, is that water is fundamentally different than oi. We don't have replacements for water and we can't find alternatives to energy consumption either.
    Sep 3, 2012. 05:03 PM | 2 Likes Like |Link to Comment
  • After three "jobless recoveries" in the last twenty years, NYT's Hedrick Smith suggests it's time to take a lesson from Henry Ford. History has proven Ford's virtuous circle to be effective, and if business managers "give the middle class a better share of the nation’s economic gains... the economy will grow faster." [View news story]
    Can't export much if the government stops it through regulations and outright bans.
    Sep 3, 2012. 02:59 PM | 2 Likes Like |Link to Comment
  • Peak Oil Myth: Debunking The Peak Oil Theory [View article]
    I don't think your comments are as funny as you think they are. And yes, it's Hubbert. Awkward novice moment?
    Sep 3, 2012. 12:29 PM | 1 Like Like |Link to Comment
  • Why You Didn't Make Millions On Facebook [View article]
    This article seemed to barely state the obvious. Get in early when you're investing in the next Facebook? No kidding. :P
    Sep 3, 2012. 10:39 AM | 1 Like Like |Link to Comment
  • Peak Oil Myth: Debunking The Peak Oil Theory [View article]
    Peak oil isn't just "someday we won't produce as much". It's the theory that we'll have to produce less because we'll run out -- not that we'll find alternatives.

    No one is challenging the notion that we can't infinitely consume a finite resource. We're challenging the notion that we'll even want to.
    Sep 3, 2012. 10:34 AM | 2 Likes Like |Link to Comment
  • Peak Oil Myth: Debunking The Peak Oil Theory [View article]
    Supply probably won't grow as fast as demand, which is why alternatives will likely grow going forward. Nat gas, electric, etc -- there are alternatives, they're just expensive. More expensive oil will make them suddenly very attractive in the future.
    Sep 3, 2012. 09:05 AM | 1 Like Like |Link to Comment
  • Peak Oil Myth: Debunking The Peak Oil Theory [View article]
    Peak oil isn't the notion that reserves can't continue forever. It's the notion that production must eventually fall due to price constraints. This isn't true -- it'll fall due to demand falling because of alternatives.

    Again, peak oil isn't "prices will go up" or even that "reserves are finite". Both of those are part of the reason peak oil isn't true, as explained in the article itself.
    Sep 3, 2012. 09:02 AM | 2 Likes Like |Link to Comment
  • Peak Oil Myth: Debunking The Peak Oil Theory [View article]
    1. Getting new oil is a pretty big deal. Heck, if we hadn't, then we would have run out of oil in the 1910s, like all of the "peak oil" believers thought we would. So we've been "delaying the inevitable" for a century -- and the economics still work, which is the point.

    2. That wasn't just about oil supply. Alternatives become more viable with higher prices. Look at the flooding of natural gas and the new fleets being developed.

    3. Cheap energy isn't just oil forever. That's the point of the above two points in the article.

    The arguments given are timeless, vague, and ignore basic economics. By the reasoning of the peak oilers on this article, we should have run out of cheap coal a century ago and watched as civilization unraveled. Of course, we didn't.
    Sep 2, 2012. 12:07 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
357 Comments
708 Likes