[onlooker]

I am saying your argument rests on the past and you have little to contribute now except to remind us that a few got over exuberant with their predictions in 2005

[Cog]

$this->bbcode_second_pass_quote('onlooker', 'I') am saying your argument rests on the past and you have little to contribute now except to remind us that a few got over exuberant with their predictions in 2005

[onlooker]

Goodness seems akin now to saying that because you have not died yet, you will not ever Hey I still love you all regardless of your circular reasoning

[Cog]

I was and it was bad mortgages that led to the recession. The price of oil never entered the equation. At least not as a main cause of the recession.

I took the cure for doomerism and invested balls deep in the market in 2009. That is why I'm retired now.

[ROCKMAN]

70 - "hesitated to post because I suspect by doing so I'll just be dragged into the game of hurling petty-insults that masquerades as a debate" You may have noticed the Rockman doesn't hurl insults at anyone here. Except his buddies. LOL. The Rockman usually just hurls facts at folks and let them interpret as they like. In your case, if I read you correctly, the facts don't lead to you feel that much of the words current problems are energy related. Just your opinion but certainly deserves no insulting attack.

No matter how f*cking stupid your opinion might be. LOL. Just teasing, of course, since I now count you as one of my new buddies. You really should post more often and just ignore the rude folks.

[spike]

First, Colin Campbell published his initial peak oil article in 1989, said that year was the peak. He moved it out repeatedly after that, so the record of 'misses' is more extensive, both global and national levels. Second, my book explains in great detail that the arguments and math underlying the Campbell/Laherrere work were simply wrong. Never been refuted, to my knowledge.
Third, my track record is far better than anyone else's that I know, it just happens my critics like Romm, Nelder, and Pstarr are all but completely unfamiliar with my work and focus only on short-term price forecasts in the 2000s.
The supply of oil is very complex, most of the people who talk about it aren't. (A couple on this site are good, IMHO, but also less doctrinaire.)

[AdamB]

$this->bbcode_second_pass_quote('pstarr', 'F')rom today's Financial Times: Oil and gas discoveries dry up to lowest total for 60 years

"Discoveries of new oil and gas fields have dropped to a fresh 60-year low, as companies put a brake on exploration and large fields have become harder to find."


$this->bbcode_second_pass_quote('', 'T')here were only 174 oil and gas discoveries worldwide last year, compared with an average of 400-500 a year up until 2013, according to IHS Markit, the research group.

The slowdown in exploration success shows that the world is likely to become increasingly reliant on “unconventional” resources such as US shale oil and gas to meet demand for energy in future decades. 

The typical time from discovery to production is five to seven years, so a shortfall in oil and gas discoveries now implies tighter supplies in the next decade. 

[AdamB]

$this->bbcode_second_pass_quote('onlooker', 'I') am saying your argument rests on the past and you have little to contribute now except to remind us that a few got over exuberant with their predictions in 2005

[AdamB]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('onlooker', 'I') am saying your argument rests on the past and you have little to contribute now except to remind us that a few got over exuberant with their predictions in 2005

[AdamB]

$this->bbcode_second_pass_quote('pstarr', 'W')ell intern-boy, this is the real peak. Those other pikers and their lousy predictions have nothing on this peak.

[onlooker]

haha, you must get a kick talking about the past Adam cause you always do. We are in uncharted waters now!

[onlooker]

P, I caught Kub directly contradicting what Short states , go to the Etp thread

[AdamB]

$this->bbcode_second_pass_quote('pstarr', 'S')o true onlooker. AdamB attacks folks long gone, from ancient debates.