anaconda

The 'Peak Oil' Myth: New Oil Is Plentiful

To ART005:
That is a thoughtful response. This writer suspects that regeneration is a function of crustal activity level. And it's possible that now is a moderate to quiet period, so there may not be a large regeneration rate at present.

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AndyMan: If you put if that way, then there is peak. But let's talk "meaningful" peak. This writer maintains that "Peak" a hundred years from now is not meaningful in an economically quantifiable way, today.

When does it become an economically quantifiable factor?

30 years, 40 years, only 20 years? No, if "Peak" happens in 20 years in 2028, at some minor level it will be able to be quantified in the economics of today.

But 30 years, so "peak" in 2038? This writer suspects that is economically too remote.

But this writer is convinced there will be no "Peak" for at least 50 years, if not farther out than that.

"Peak" is when half of all oil supplies have been consumed by textbook definition, but "Peak" as a slang word most definitely means imminent, likely to happen soon, if some are to be believed, already has happened.

This is a far cry from someday there will be "peak."