by AdamB » Sun 01 Nov 2020, 15:31:06
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So far Nov 2018, or 2018Q4 or 2018 for full year has been the peak based on EIA data, as to the future, I expect World output might increase, but it is likely a peak in World output will occur before 2030. I expect oil prices will rise and we will gradually transition to alternatives to crude for transport.
Peak oil was far cooler when it led to MZBs wandering the highways, suburban hordes fleeing to the countryside to be met by booby traps, homemade claymores and gunfire, all the prepping/farming peak oil contingent, I mean the variety was great!
Instead one of the prior claimed peak oils (call it TODs 2008 one) gave us the Volt and the likes of Tesla, and normal folks like me have been EVing around for 6 years now. The gradual transition is here, and currently is taking over entire countries...Norway springs to mind.
Nowadays climate change seems to have vacuumed up all the Happy McPeaksters.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."
Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"