[MD]

The currency of flow gave us our "go".
It's ebbing away, soon all will know;

we must now dig to feed our pig,
soon to discover, it's too damn big!

What else to do, but make a stew!
A hungry pig will feed a huge crew!

So light the fire, a funeral pyre
The feast will be hosted by our new town squire!

When we are done, well have some more fun
More pigs next door, did you bring your gun?

[NoFreeSpeech]

$this->bbcode_second_pass_quote('chumley', 'I') enjoy persecutedgadflies posts. I would like to be exposed to information that is contrary to the theory of peak oil. I find his posts to be informative and well spoken. And he has the all important links to back his theory.

Forums are set up in order for people of differing views to argue their position.

From reading this thread it appears to me the ad hominem attacks are being carried out by the PO crowd.

Refute his argument if you can.

You are not a troll just because you argue against popularly held views on a discussion board and post reason's why.

[Plantagenet]

$this->bbcode_second_pass_quote('Armageddon', '
')
A secretive gathering some of the world’s biggest oil companies has concluded the industry will discover far less oil than officially forecast, meaning global oil production may peak much sooner than many expect.

[NoFreeSpeech]

Another powerful voice against Peak Oil is MIT professor Michael C. Lynch. You probably recognize his face from the "Ask The Experts" forum of this website.

Closed Coffin: Ending the Debate on "The End of Cheap Oil"

Crying Wolf: Warnings About Oil Supply

The New Pessimism about Petroleum Resources: Debunking the Hubbert Model

[Jack]

$this->bbcode_second_pass_quote('NoFreeSpeech', 'Y')ou probably recognize his face

[OilIsMastery]

$this->bbcode_second_pass_quote('MattSavinar', '4')0,000 oil fields across the world and not a single one shows any sign of refilling.

[Plantagenet]

Welcome back, OiM.

Those are very interesting ideas about the refilling of oil fields. Its notable that they are coming from mainstream academic scientists.

[OilIsMastery]

$this->bbcode_second_pass_quote('Plantagenet', 'W')elcome back, OiM.

Those are very interesting ideas about the refilling of oil fields. Its notable that they are coming from mainstream academic scientists.

[jboogy]

It's all really just academic quibbling at this point isn't it? The people who matter , the energy companies , the ones who supply the energy , all are spending HUGE amounts of money to find new sources of oil , and coming up dry about half the time . They pay and charge a lot more for crude and refined than they have in the past . This means supply is tightening , these points are not arguable by rational people it seems to me . In actual concrete real terms , we are peaking . Does a family struggling to put gas in the tank to get to work care where his gasoline comes from ? They care about how much more it's been costing them lately . That's ALL that matters to them . I welcome dissenters and skeptics of all stripes , they're fun . PO would be a boring echo chamber without Plantain , airplane driver , Holmes for sure , even oily/offshore /gadfly and whatever other aliase he has make PO a more interesting place . Don't forget it's just talking on the internet.

[Plantagenet]

$this->bbcode_second_pass_quote('OilIsMastery', '')$this->bbcode_second_pass_quote('Plantagenet', 'W')elcome back, OiM.

Those are very interesting ideas about the refilling of oil fields. Its notable that they are coming from mainstream academic scientists.

[Plantagenet]

$this->bbcode_second_pass_quote('jboogy', 'I')t's all really just academic quibbling at this point isn't it?

[jboogy]

Time is of the essence Plantain , and it seems that is a commodity that is in even shorter supply than oil . Storm clouds are gathering on the horizen whichever way you look . Perhaps what's left of us will pick up the pieces down the road and develop new energy sources or maybe even find a gazillion barrels at the center of the earth . Who knows? I however find the prospects of this current crop of humans finding a way out of this labyrinth to be poor at best .

[threadbear]

jBoogy, Supply may be tightening, but much of the price rise could be the result of the politics of the situation. It can be read several different ways. You've pulled back one layer of the onion and think you've reached the ultimate truth here? Maybe, but maybe not.

[jboogy]

Threads you sweet thang you , perfect example of politics is the OPEC situation in the 70's , the major producers of the world collectively hiking prices to punish the West for supporting Isreal over Palastine . Nowadays we source from a wider variety of nations and most other oil importers diversify their suppliers . Price is truly a result of market driven demand now , tight supplies = higher prices. If there was a surplus of oil then producers would be undercutting each other in order to move product . Hugo Chavez----"What you say ...King Abdullah Faud Saud says he's got a tanker he'll let you drive out the door for 72.00 per barrel?"...."Hmmm , I got a million barrels of heavy I can let you have for 68.50 per and that'll include tax , tags and that tru-coat rustproofing I was telling you about ". There are a lot of consumers right now , and supply is tightening .I gotta go.

[Graeme]

IDA study on Peak Oil debate

$this->bbcode_second_pass_quote('', 'T')he Institute for Defense Analyses released its very thorough “Review and Analysis of the Peak Oil Debate” authored by Brent Fisher last summer, but I only discovered it today (thanks to a link at DTIC, below). This 50-page study is detailed, balanced in its determinations, carefully worded and thoroughly sourced.

The study’s executive summary ends with these two sentences:

“We conclude from these reviews that the most alarmist of the peak-oil claims are likely false. Still, we see some convincing reasons to think that global oil production could peak within 20 years, with demand outstripping production indefinitely.”

But almost no-one from this list (including Fisher) has addressed the subsequent questions and concerns which arise from an awareness /acceptance of the peak oil concept:

•export decline (please see Armed Forces Journal Forum posting #7)
•fuel poverty: how will sustained high oil prices affect the global economy, “globalization” itself, public revenues & public services, low-income families, etc? (please see Jeff Rubin’s recent book, Why Your World Is About to Get a Whole Lot Smaller)
•Agri-food: this sector may be squeezed from both ends (by family farmers who can’t afford fuel, and by a faltering import/export system, Armed Forces Journal Forum posting #17).
•Emergency planning: how might a severe fuel (& food) emergency be best planned for and administered? (Armed Forces Journal Forum postings #9, #10, #15, #16, #17)
•Domestic security: are there foreseeable problems which warrant military analysis & planning?

[kjmclark]

Some of my favorite lines:

$this->bbcode_second_pass_quote('', 'E')very year oil industry around the world has to add at least 5–6 Mbpd of gross production capacity just to break even with the 5–6 Mbpd gross capacity is lost. Any additions to world capacity are on top of the 5–6 Mbpd capacity turnover each year. These figures are much larger than the drops in production capacity contemplated by Simmons, which would be on the order of 500 kbpd YoY. Thus, Lynch concludes that non-Saudi Arabian oil production is capable of making up losses in Saudi Arabia (Lynch 2006, pp. 1–32).

[peeker01]

More good news on peak oil, and you'll never believe where I read it!

http://peakoil.com/production/the-old-f ... il-debate/

[Sixstrings]

$this->bbcode_second_pass_quote('', 'I')t is a well known refrain: Peak Oil is always now !

[peeker01]

Well strings, had you read that article, you'd see it was written by Andrew McKillip of the
Market Oracle. I thought it was rather good.

[Sixstrings]

$this->bbcode_second_pass_quote('peeker01', 'W')ell strings, had you read that article, you'd see it was written by Andrew McKillip of the
Market Oracle. I thought it was rather good.