by Carlhole » Wed 12 Jan 2011, 02:53:12
$this->bbcode_second_pass_quote('Xenophobe', 'S')eriously Airline, this doesn't work for you? Peak oil = gasoline rationing/shortage ( at least it was SUPPOSED to, the Prophets have done pretty poorly on their consequence guessing).
Actually, cheap oil sat on everything else, economically-speaking.
If oil is priced at $100 or $150 bbl instead of $20, economic forces immediately rush in with potential replacements or other kinds of adaptations. Ideally, oil ought to stay high-priced at around these levels for a sustained period of time to allow for the uninhibited development of energy technologies.
Certainly, energy prices will cause problems; it goes without saying. In order for the doomer vision to work, however, technology must remain static and unchanging; it must not actually advance. Conservation or other kinds of adaptation must not be possible. This is why doomers are so quick to pounce on any new energy technology. Their belief system requires that science and technology crumble like some figment of a dream. The James Howard Kunstlers of the world go to great lengths to encourage readers to think this way.
Bring up a topic like Joule Unlimited's
Liquid-Fuel-From-The-Sun on a site like this, and you invariable elicit a great collective sneer. No matter that a pilot plant is nearing completion or that laboratory results have been extremely promising. Same goes for Small Modular Nuclear Reactors or any number of other incipient technologies.
Also, there is a whole lot of room for conservation. Only high oil prices remedy our excessive folds of energy fat that we could otherwise drop and be all the healthier for it.
The reality is, high prices spur rapid change and development. We have high prices now. This is a very good thing.