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  • 'Peak Demand' Is The New 'Peak Oil'  [View article]
    I do like how his oil production graph goes back to 1983, making it look as if the previous US peak was in the 1980s rather than the ’70s. It works for the author because the Prudhoe Bay find makes it look like it was “the peak” rather than just a peak on the downslope. It nicely illustrates that the article is a cynical propaganda piece rather than just the result of plain old incompetence.
    Jun 27, 2015. 04:17 PM | 1 Like Like |Link to Comment
  • Peak Lithium: Death Blow For Electric Cars?  [View article]
    Electric cars are not a long term solution to the problem of peak oil. They run on coal. Coal will peak just as crude oil has. At some point, all the cornucopians will have to accept that collapse is inevitable.
    Oct 15, 2012. 06:50 AM | 2 Likes Like |Link to Comment
  • U.S. Oil Production Is Now Up  [View article]
    By all means invest in the new oil coming out of the Bakken and other fields. Someone has to be left without a chair when the music stops - may as well be you folks.
    Sep 29, 2012. 07:13 PM | Likes Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen  [View article]
    Shaun, if research and development were the panaceas you claim them to be, we'd be driving steam-powered automobiles today. Let's not forget that the steam-powered world of the 19th Century failed because our options in terms of innovation ran out. We had to junk all the coal-powered steam locomotives and switch to oil - not just because oil was better, but because it was the only alternative that worked. Heck, if innovation could have fixed the problem, why not just innovate in ways that wouldn't have ended up in our junking fleets of steam engines? Luckily, it turned out that our options for innovation went a bit further with oil - but that was by no means the case early on in the transition.

    The physical laws that govern the universe impose limits on technology. We can only do so much with what we have - alchemists learned hundreds of years ago what you seem unable to grasp today: that you can't create anything out of whatever you happen to have lying around. Some things are precious because they can't be replaced. Oil is one of those things. In ten years, I guarantee you'll have an appreciation of that reality, and these cornucopian fantasies of yours will be just as much an embarrassment to you as they look to me right now.
    Sep 4, 2012. 12:07 PM | 2 Likes Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen  [View article]
    LOL! The Earth is only so big. However much we research, when our population grows to the point at which there's not enough room to grow the food we need to survive, it will be a big problem. Or do you know of some kind of magic pixie dust that can grow plants in a vacuum and beam them down to Earth?

    If you think we can populate Mars or the Moon by the time overpopulation becomes a serious problem, you are in Fantasyland.
    Sep 4, 2012. 11:46 AM | 2 Likes Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen  [View article]
    Global crude oil peaked in 2005. Don't tell me you think the global peak of crude oil is still in some far flung future? If that's the case, you are embarrassingly ignorant on this issue.
    Sep 4, 2012. 11:39 AM | 4 Likes Like |Link to Comment
  • No, Peak Oil Is Not Going To Happen  [View article]
    But we're not transitioning, Shaun, because those other fuels can't do what oil can do. The age of oil won't end with a transition to some other fuel. It will end with a permanent transition to less energy. You can deny it all you want, but it is going to happen.
    Sep 4, 2012. 11:28 AM | 2 Likes Like |Link to Comment
  • Peak Oil Myth: Debunking The Peak Oil Theory  [View article]
    The problem with Problem 1: although innovation changes economically recoverable oil supply, it does not create more oil. All new technology can do is get at ever decreasing pockets of oil. This can only delay the inevitable, and every new innovation makes a smaller and smaller delay.

    The problem with Problem 2: although higher prices change economically recoverable oil supply, at some point, people won't be able to afford to use it. This is already happening.

    The problem with Problem 3: although higher prices automatically cut demand for oil products, our standard of living is based on cheap energy. With a fall in demand for oil comes a fall in standard of living.

    Far from debunking Peak Oil theory, the above CONFIRMS it.
    Sep 2, 2012. 10:28 AM | 3 Likes Like |Link to Comment
  • Is The Inclusion Of Natural Gas Liquids In The Definition Of Oil Plausible?  [View article]
    It's not that liquids other than crude oil can't be oil. It's that they are not crude oil, and until recently, only crude oil was counted.

    Of course it makes sense that NGPL can fit in the new definition of oil - it's a NEW definition - they've moved the goalposts, so they can include whatever they want. But that doesn't make it meaningful or useful.
    Aug 9, 2012. 09:42 AM | 2 Likes Like |Link to Comment
  • Has Peak Oil Peaked?-WSJ  [View instapost]
    "I've never been an advocate of the "Peak Oil" theory"

    LOL. So I guess for you, oil is a renewable resource? Do you also believe ancient spacemen built the pyramids?
    Jun 29, 2012. 01:47 PM | Likes Like |Link to Comment
  • Canada Vs. Australia: No Bust In Canada, But A Recession Is Probable  [View article]
    "While I am not a proponent of a "peak oil" theory, I recognize the fact that we are running out of "cheap oil"..."

    Erm... "running out of cheap oil" is the definition of peak oil. And it's not a 'theory'. It was a theory in the 1950s. It became a fact in 1970 and it has been proven over and over again as individual wells reached their peak and declined, and as countries reached their peaks and then declined. Most recently, it was proven in 2005, as world crude oil reached its peak and began to decline. That's the very reason why we are now looking for oil in tar sands and shale deposits.
    Mar 27, 2012. 07:06 PM | 6 Likes Like |Link to Comment
  • $5 Gas Paves The Way For Natural Gas And Electric Vehicles  [View article]
    "I agree with this assertion from Forbes noting that gas prices are not rising so much as the dollar is falling."

    This distinction is meaningless. Either way, the result is the same.

    The era of cheap fuel is over. Get used to it. The market is speaking, but no one's listening - yet. But they will.
    Mar 1, 2012. 03:19 PM | Likes Like |Link to Comment