by JohnDenver » Fri 05 Aug 2005, 05:14:46
$this->bbcode_second_pass_quote('Sparaxis', 'P')eak liquids will be the turning point.
Well, in that case I suggest that we rename the site "peakliquids.com" and start calling ourselves "peak liquiders". When is peak liquid, by the way, considering that we are going to liquefy gas, coal, tar sands, oil shale, garbage, agricultural waste, palm oils, trees etc.?
What's the backdated discovery curve for "liquids" look like? Here's the one for oil:
Compare that with the version in the latest
ASPO newsletter. It's the same graph, but now it says "Regular Oil". Campbell knows he screwed up, and he's trying to cover his tracks. That's why he abruptly (and with no explanation) started to use natural gas in his oil curve. He has to weasel his way from peak oiler to peak liquider.
Also, as peak liquiders, shouldn't we be concerning ourselves with liquid reserves, and not oil reserves? What are our total liquid reserves? Considering that we can liquefy coal, are coal reserves liquid reserves? I don't see why not. If coal is economically and technically liquefiable (as it appears to be right now), then coal reserves are proven liquid reserves. Bing! We just discovered a massive new liquid reserve, and we didn't even go looking. Didn't have to drill even one dry hole. Liquids are fun. You can do all kinds of funky things with liquid reserves that you can't do with oil reserves.
I'm pleased to say that I have been totally vindicated. Peak oil was
EXACTLY LIKE Y2K. It came and went in 2004, and everybody snoozed right through it.
Peak liquid, on the other hand, is going to be harsh, but who knows when that's going be. 2020? 2030? 2040?