The Oil Drum EU: Is There A Painless Way To Fill The Oil Supply Gap?

Despite new evidence in the form of higher than expected demand, capacity squeezes and price rises, there remains a view amongst some geologists and economists that the peak is many years away and even that technology, new energy sources, and new efficiencies will make it irrelevant. Although I believe such views are driven by wishful thinking, I do not want to digress on this subject here. Instead I want to address energy supplies after peak; the size of the so-called supply gap and how it might – or might not – be filled by alternative transport fuels and by efficiencies.
much more after the jump at The Oil Drum EU.