by AdamB » Thu 28 Aug 2025, 21:30:34
$this->bbcode_second_pass_quote('AgentR11', 'P')rojecting in error is not really "uninformed" though. More like, just wrong.
Well, there is a difference between the two. "Projecting in error" certainly describes the WHY peak oilers came out with egg on face....I assign the term "uinformed" because that is exactly what causes someone to project in error. They were uninformed about the O&G business, reserves and resources, no idea how they worked within the upstrealm realm or the stimuli that causes a reaction of increased, or decreasing, volumes.
But yes, they sure were balls in the wind, dumb as a stump wrong. And uninformed.
$this->bbcode_second_pass_quote('AgentR11', '
')Everyone had the same knowable facts; no one could just up and say the future is grim because xxxxx.
No. They didn't all have the same facts. Colin had access to the old PetroConsultants global oilfield main file. He wrote up a little pamphlett using it end of 20th century. They pulled his access after he used it poorly. And Colin wasn't allowed to share the data. So he had knowable facts...and only some of us had it as well. I had access to 2018. Needed it to solve peak oil. What did Colin do with it? Sold end times to suckers.
And the answer isn't XXXX, too definitive. The answer is a probability density function. I don't imagine anyone ever gave Colin an education in statistics.
$this->bbcode_second_pass_quote('AgentR11"
So we're running on a plateau now, demand, price, and supply playing their game of whose use or production is more economically acceptable.[/quote]
Well, to be clear peak was 2018, but certainly it wasn't the distinct ramp up, hold steady, ramp down as imagined by those who haven't ever gotten any of their peak oils correct.
[quote="AgentR11', '
')I wonder if there ever is a crash in production where production simply can't match reasonably priced demand; what will happen then, how can the personal vehicle compete against the value of shipping food in a semi that was delivered to a depot by rail or ship?
The personal vehicle can't compete. And when a situation like this happened during the 1979 global peak oil, the US began rationing fuels to consumers. That is what happened.
$this->bbcode_second_pass_quote('AgentR11', '
') I wonder where that break point is too, where the semi can't deliver to the grocer at a price that allows the food to be sold on the open market. That might provoke the "collapse" that everyone was waiting for, but is that even a possibility, I dunno.
An interesting scenario. Maybe rationing again, in order for personal users to get some (I just need electricity of course
) but for food continuing to move and whatnot.