To shut this site down would be a shame. I must confess that certain posters seem to be more interested in causing offence than actually debating. For that reason I backed away as I do not wish to be involved in puerile attacks on others.
Peak oil has been ridiculed for years and some of the claims of imminent doom might have been overplayed. Sadly TOD folded but the intentions of those who posted on TOD were on the whole good. Peak oilers ( and I am one of them ) will have their day, but I would not be foolish to predict when, but a peak in the supply of crude oil will happen. When it does then the world should get ready.
Maybe those of you who care might consider this publication
https://oilprice.com/Energy/Energy-Gene ... ation.htmlMoving forward the world is going to need a whole lot of petrochemicals. Much of those petrochemicals will come from oil, currently about 10% of oil production and growing rapidly.
Shale is going bust; it never has been profitable and never will be. There is a little matter of EROI to consider. Actually I prefer EROEI but in effect the solution is the same. The input costs of shale oil and gas simply make it uneconomic irrespective of the price of oil; it is being subsidised by conventional oil and gas and idiots who believed in all the claptrap on production lasting decades. Fools and their money are soon parted.
I simply despair at the level of ineptitude at of senior executives across the world who have the inability to grasp the facts.
Don't let this site die but overhaul it and invigorate the debate.