by ralfy » Mon 28 Oct 2013, 00:15:04
$this->bbcode_second_pass_quote('John_A', '
')
Nobody ever rejected it. Not Yergin who acknowledges that it will happen, certainly not the EIA who has already put a date on it, nor IEA who said it already happened. You are jousting at windmills which don't even exist. The beef with calling peak oil is that people are always claiming it happened tomorrow, or today, or next year, to the detriment of their credibility on the topic.
Past data (not forecasts) from energy agencies and oil companies speak for themselves. With that, the claim that peak oil will happen "tomorrow, or today," is "jousting at windmills which don't even exist." With that, the "beef with calling peak oil" is the claim that it's been averted with the use of unconventional oil, etc., when in truth the use of the same is a response to the former.
$this->bbcode_second_pass_quote('', '
')
These perpetual claims then cause the "Harold Camping" effect to take place, and the credibility issues then cascade into TOD having to close up shop, and forcing ASPO-USA to acknowledge how silly they now look for not understanding exactly what Euan explained to them in post-mortem 3 Nails TOD piece. Otherwise known as 1) oil production has increased, 2) the USGS was right and 3) the resource pyramid does matter, and 4) oil engineers are paid so much money right out of college for a reason.
TOD closed shop for other reasons, and the "Three Nails" article actually confirms peak oil, as stated in the comment shared earlier and the author's reply to that. The rest of your points were dealt with in this thread and in others, i.e., demand is being met with unconventional oil, and that counters points about reserves.