by tom_s2 » Sun 15 Feb 2015, 01:22:18
h2,
$this->bbcode_second_pass_quote('', '(')the peak oil predictions) pointed to sometime around 2012 as the middle case, 2020 or so as later case, in other words, pretty much exactly what is happening.... (peak oilers) have been pretty close to right all along... So the predictions, we are right on schedule, nobody was wrong who was serious
That is a drastic mischaracterization of the prior peak oil predictions.
One of the fascinating things about the movement is how much they distort their own history and prior predictions. That's astonishing, because the prior predictions are still available on the web and can be looked up by anyone.
For example, please look at ASPO newsletter #100 in April 2009. This was the LAST newsletter from that organization, so it represents their mature view. That newsletter has a graph showing all hydrocarbon production (including unconventional oil, gas and unconventional gas, and NGL) declining absolutely starting in 2008. The same prediction is found in newsletters #99, #98, #97, and some others but I stopped looking at that point. I also picked a few other ASPO newsletters at random. Newsletters #91, #63, #60, and #45 show
all hydrocarbons (including gas, unconventional gas, and NGL) entering terminal decline some time between 2006 and 2010.
As for the other serious authors. Deffeyes predicted absolute declines in oil production starting on Thanksgiving day in 2005, if I recall. Kjell Aleklett's book "Peeking and Peak Oil" has two published predictions when absolute declines would begin--one in 2007, and one in 2010. Campbell's book "The Coming Global Oil Crisis" has similar predictions of absolute declines starting in the 2000s. The original article which started it all, in Scientific American in 1999 ("The end of cheap oil") shows ALL oil, including unconventional, entering a terminal decline around 2004-2005.
Those predictions were all unequivocally wrong. The predictions of gas were worse.
Please note that I am ignoring the doomsday stuff here. I am ignoring all the crackpot nonsense. I'm even graciously ignoring Colin Campbell when he strays outside his area of expertise and starts talking nonsense about debt and the economy. I am paying attention here only to the serious oil industry insiders who were speaking within their field of expertise. But even
that was wrong.
Maybe it was an understandable error. Nobody was exactly right when predicting future oil production. However, the serious peak oilers were not right, and things are not playing out as they had predicted.
$this->bbcode_second_pass_quote('', 'T')hey also got the economic consequences spot on as well, you know the ones, it's what is happening all over the world now...
That's exactly what I'm talking about. That's just totally wrong. Not one person in the peak oil movement was anywhere near correct when it came to economic consequences. Colin Campbell sold all his investments and bought bonds in some Nordic country because he feared that was the only safe investment in the world (he would have done far better with risky stocks). Deffeyes said we would be "back in the stone age" soon. Laherrere and Aleklett are the most serious peak oilers ever, and they offered no predictions about the economy. Laherrere said that economists were right about the economy and commented no further.
Of course, the less serious peak oilers predicted total collapse of civilization.
$this->bbcode_second_pass_quote('', 'Y')our comments are filled with strawmen, etc,