Page added on July 10, 2008
In my last post I talked a little about the media
Ken Deffeyes, who did so much to bring this current situation to our attention with his writing and books, who has said that he is no longer a prophet, but has become a historian. His remark implies that the much of the debate over peak oil is perhaps over. And there I would disagree with him, because I remain critically concerned, as Euan is, that the world does not really understand the size of the problem that is approaching, and the speed of that arrival. Further the information that controls the shape of the production curve, post peak is usually derived relating to the pattern of the peak in the United States. To anticipate that the world curve will look the same, overlooks the critical difference that, at the present time, there is no satisfactory alternative fuel to satisfy demand. Thus the market imperatives to extract more oil in the immediate short term to meet needs may over-ride more rational concerns about achieving maximum ultimate recovery by producing the oil more slowly. This is a different situation than that which held over the time that the American production plot was developed, and alternate supplies of oil were available from abroad.
Leave a Reply