Cog wrote:Just like TOD, this board basically shot their load predicting impending doom. When you promise doom you damn well better deliver it.
We aren't running out of oil any time soon. Notwithstanding scary charts which were never based in reality.
Cog wrote:I know how peak oil works in theory. But the theory is flawed. We aren't at peak production and won't be for some time to come. Look at US production currently. I know facts are uncomfortable things but I was assured according to peak oil theory that US production could never go up again from 1970.
Pops wrote:Come on Dolan, of course it matters. If extraction falls when demand is high, or fails to increase sufficiently, or even if spare capacity (or the illusion) falls below some magical number the price rises – heck, if the herd senses anything close, or even hears someone imagined a dream where that happens in a parallel world, the market jumps like the pool boy hearing "honey, I'm home!"
admin wrote:If anyone would like to help build a PO mobile app, please email admin AT peakoil.com
Cog wrote:I know how peak oil works in theory. But the theory is flawed. We aren't at peak production and won't be for some time to come. Look at US production currently. I know facts are uncomfortable things but I was assured according to peak oil theory that US production could never go up again from 1970.
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