vtsnowedin wrote:Have you noticed we are now receiving the oft predicted negative effects of peak oil without actually having a peak oil?
Not quite. Technically, claimed or actual peak oil #6 of this century happened, back in 2018 or so. It will stand, or not, on its own as the future unfolds, just like all the others. So folks claiming that todays effects are peak oil related can....of course, just as they have done in the past regardless of whether or not a claimed or actual peak oil was involved. It seems they just want to proclaim the end, scream about gold, fantasize about doom, have an excuse to collect MRE's, guns and ammo, grow a garden, buy a hunting or fishing cabin, become vegan, whatever.
So the claim can be made, as it has before, but the current situation doesn't seem to be much beyond pandemic and geopolitic related.
vtsnowedin wrote:Due to the Biden the administration's war on fossil fuels we have less production and rapidly rising energy prices with the inflation that comes along with that including food prices soaring and a shortage of baby formula.
Yeah, the Biden administration didn't have much to do with the pandemic other than trying to manage the damaged environment they were handed, the post-pandemic demand surge and they certainly didn't start the European war, and American E&P's are making money hand over fist with Biden declaring war on them....Please! Don't throw me into the briar patch Mr Biden! Our stock can't stand to go up any higher!!!
Vtsnowedin wrote: This is a self inflicted wound but it bleeds just as much.
Well yes, the previous administration did take a dump all over the economy and Biden did manage to get it back on track, pulling it out of recession and all, and Biden did pretend to bash industry in as benign a way as possible resulting in massive profits going to them with his managed recovery from Trump's mess, but those are good self inflicted wounds to date. Inflation came along with it all, and it appears to have just ticked down this month, over last. He's got another 2 years..lest we forget, folks fled Reagan in '82 as well, and by '84, he was...DA MAN!! The Sleepy Man after that ...but still...DA MAN!
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"