Page added on May 8, 2010
Peak oil theorists have been wrong at least 10 times since the 1970s. We have, maybe, 800 years of supply before we run out if we find no more reserves, an unlikely possibility.
We won’t run out of oil, gas or coal. Their use will decline as renewables become more viable and cost effective and they become more efficient. So it’s only a matter of time until there’s a new mix of energy sources. We’ll preserve the reserves.
That ought to suit both environmentalists and the dinosaurs.
One Comment on "Peak oil? Pfft!"
Worried consumer on Sun, 9th May 2010 2:55 pm
800 years. What drug are you on?? Can you even do basic arithmatic? I guess you probably work for an oil company. Trying to quell fears of a major slump in being able to meet demand from 2012 on.