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3 reasons to be sceptical of Peak Oil Theory

General discussions of the systemic, societal and civilisational effects of depletion.

Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby MaterialExcess » Thu 13 Oct 2005, 22:29:40

The truth usually lies some where in between the extremes. The peak oil, end of the world, doomer fantasies serve as one of the the extremes. They are best used as a point of reference to try and figure out where this in between area will be.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby peripato » Thu 13 Oct 2005, 22:30:15

$this->bbcode_second_pass_quote('Daryl', 'I') guess I've gone completely off topic.

Yes :wink:
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby peripato » Thu 13 Oct 2005, 22:34:59

$this->bbcode_second_pass_quote('MaterialExcess', 'T')he truth usually lies some where in between the extremes. The peak oil, end of the world, doomer fantasies serve as one of the the extremes. They are best used as a point of reference to try and figure out where this in between area will be.

What does the argument between doomers and landers have to do with the "theory" of Peak Oil?
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby fossilnut2 » Thu 13 Oct 2005, 22:53:55

l$this->bbcode_second_pass_quote('MaterialExcess', 'T')he truth usually lies some where in between the extremes. The peak oil, end of the world, doomer fantasies serve as one of the the extremes. They are best used as a point of reference to try and figure out where this in between area will be.


True

So many studies or theories grow a cult following. Instant experts pop up and surf the Internet to confirm what they already believe rather than to try and educate themselves.

Complicated and intricate problems are explained by great sweeps of second hand knowledge. For instance the society and economy of China, a civilization of 1.3 billion people, is is shoe-horned into a few supposedly self-evident truths. China becomes a collective 'they' explained by a reflection as seen by Americans, many of whom for the most part, have never stepped foot in China.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby rogerhb » Thu 13 Oct 2005, 22:57:52

American society is incapable of moderation. I'm making that as a statement I will hold true until proved otherwise.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby The_Libertarian » Fri 14 Oct 2005, 01:03:45

$this->bbcode_second_pass_quote('Daryl', 'L')ong ago, America committed to free markets. This was out of necessity.

America committed to free markets out of a belief in the freedom of association - to deal with others without interference from government, so long as your dealing respected the inalienable rights outlined in the Constitution. Such a system is long dead in America.


$this->bbcode_second_pass_quote('', 'O')ur populous is too ornery, spoiled and selfish to accept direction from above.

Americans in this day and age are more than willing to accept direction from above - our current paradigm has erased most traces of individualism and volunteerism in this country.

$this->bbcode_second_pass_quote('', 'D')ownside of democracy.

No, the downside of democracy is that defined rights are subject to the whims of the mob. A desire to question authority and be free of imperial oversight is one of the greatest features of humankind.

$this->bbcode_second_pass_quote('', 'N')ow we will find out if free markets will solve it i.e. whether or not high oil prices will stimulate private enterprise to create solutions.

America isn't a free market. The oil market isn't a free market. This makes it rather hard for a free market to solve much of anything related to the 21st century economy or oil.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby The_Libertarian » Fri 14 Oct 2005, 01:10:17

$this->bbcode_second_pass_quote('ubercynicmeister', '
')No-one, I repeat NO-ONE can argue with success, and China is an unashamed success, all right - by doing the exact opposite of what the Freemarket Fundamentalists recommend.

Yes, no one can argue with success - like George Bush's electoral success, or Milli Vanilli's entertainment success.

China is a huge manufacturer right now, but their chosen economy has nothing to do with it. This arrangement is about politics, not free markets. Look around - there are no free markets in the world.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby threadbear » Fri 14 Oct 2005, 01:27:45

$this->bbcode_second_pass_quote('Daryl', '
')
3) Any apocalyptic forecast is should be held in suspicion. We have records of them going back as far as 5 or 6 thousand years and so far they have all been wrong. Not a great track record. Fear and melodrama sell. These guys are selling books, aren't they?


And many many more silly apocolyptic forecasts were lost in an... uh...apocalypse?

True, as long as the reserves in Saudi are unknown, correct data isn't transparent, or apparent, there are some serious questions as to when peak will actually occur. But is it safe to assume that the world is so unstable politically that cheap oil from the Middle East is a fool's dream?

Here's another idea. The world seems headed towards peak resources of many kinds, plus potential epidemics and climate change. Are different people simply focussed on different aspects of a degrading political environmental and spiritual scene, and pouring all of their angst into one specific area?

It wouldn't necessarily make them wrong, in a way, would it? For example, if you prepare for oil shortages by getting out of debt, storing deydrated food, water, etc...but instead get hit by a hurricane, so what? You've done the right thing. Same is true if rampant inflation breaks out and you've stored food, at one tenth the price.

We are all responding to uneasy times. If you're a doomer, at this present time, it just means you're using your head.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby peripato » Fri 14 Oct 2005, 02:01:59

$this->bbcode_second_pass_quote('Threadbear', '
')
...as long as the reserves in Saudi are unknown, correct data isn't transparent, or apparent, there are some serious questions as to when peak will actually occur

But we do know what their (Saudi Arabia's) reserves are or were - 170BB's give or take a few BB's. This figure was arrived at by Aramco when it was still an American company after having had the run of the place for 30 years. The increases in 1990 up to 260 BB on the back of absolutely no new discoveries was pure political revisionism in the battle for quota between OPEC producers in a slack market. So we know they're lying. And how do we know? Well since the time of that magical revision they have produced 40-45 BB's of oil but miraculously the needle of proved reserves hasn't budged an inch! :lol:
Last edited by peripato on Fri 14 Oct 2005, 03:20:50, edited 1 time in total.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby kevincarter » Fri 14 Oct 2005, 03:16:08

You think that PO theory is great but you are not convinced that is valid?

Anyway

1. Believing in a system that “only grows” is absurd. Our system is like a bicycle ride, if you stop pedaling (growing) you fall. Statistics has nothing to do with that is pure logic.

2. “The other side of the debate” says that we’ll never run out of oil, OR that we’ll invent something magic that will produce lots of energy without using any. Both are weak arguments. They also consider that everything will go smooth, no terrorism, no upraise of radical insane leaders (Hitler type) in powerful countries with nukes willing to fight for oil, no new diseases, they don’t admit world over population as a problem etc. Our argument is “cheap oil will run out” and no, we don’t find holes in that argument. If you find any please let me know.

3. Apocalyptic predictions that are 5.000 years old were not based on logic or science, but on superstition. They are selling books, so what? They have the right to do so.

I think you should be consequent with your beliefs. My suggestion is: live in a city, if possible live in a very high apartment that needs lots of heating in winter and lots of AC in summer, buy all your food in the store, don’t learn any skills that are not very industrial-specialized, have at least one car for each member of the family (the bigger the better), keep debts and credit cards, don’t store any water, canned food or ammunition, don’t save a dime, don’t have any book related to farming, don't have a back up plan.

If SHTF and you can’t afford gas, if you loose your job, if no one is pumping water in to your apartment, if you can't afford energy, if there is no food in the stores… if that day comes then you can say: what happened? PO
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby Doly » Fri 14 Oct 2005, 03:42:59

$this->bbcode_second_pass_quote('Daryl', '
')1) It is too statistically dense. Statistics are are inherently unreliable because they are subject to misinterpretation, falsification, bad data input, exagerration etc.


You have a point in that statistics are easy to manipulate. Either way. The question with peak oil is: how far can statistics be manipulated in this case? And when you research the answer is: not very far. The optimists put peak oil at 2020. Now, this may look like remote future to you, but it looks like well likely to be in my lifetime to me.

$this->bbcode_second_pass_quote('Daryl', '
')2) The leading proponents present the theory in a very overbearing manner. Their credibility suffers because they never acknowledge a fair point from the other side of the debate. Since they acknowledge no holes in their theory, it seems more likely they are bending many statistics to fit their argument or ignoring other statistics that dispute their argument.


I'm not sure who you consider the leading proponents. Are you talking about the geologists, or the guys that run websites about it? I find the geologists to be reasonable, the guys that run websites often overbearing.

$this->bbcode_second_pass_quote('Daryl', '
')3) Any apocalyptic forecast is should be held in suspicion. We have records of them going back as far as 5 or 6 thousand years and so far they have all been wrong. Not a great track record. Fear and melodrama sell. These guys are selling books, aren't they?


Some predicted apocalyptic forecasts were correct. For example, the guys that went around saying: "Careful with that guy Hitler in Germany." You seem to believe that nothing ever goes wrong.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby cheaplaughs » Fri 14 Oct 2005, 03:52:56

Peak oil has allready happend in so many countries its scary.I
dont understand why people cant believe it wont happen on a world scale.
I mean it is no longer a theory it is fact when it will happen is a differant
story.Too me it is like living in berlin in 1937 beside a jewish family who
dissapeared and not believing what is happening.Only too find out 8 years
later them and 6 millon others died and saying i cant believe that happend.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby Battle_Scarred_Galactico » Fri 14 Oct 2005, 05:13:00

The end of Industrial Civ does not = apocolypse. When you look back through history at how people lived you soon realize that is the norm. I hate this trend of how anyone who sees this is automatically a "Doomsayer".

Another unfortunate point, ancient prophets of doom based their visions on the ramblings of religious texts. Today we have the A-bomb :( .
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby VinceG » Fri 14 Oct 2005, 07:44:07

I just want to say that this is possibly the BEST topic I've read in the last few months. (almost) No hysterical and crazy the-end-of-the-world-is-coming and TSHTF theories, but just well-argumented statements and possible developments.

Keep it up! :)
"In the U.S., fears are so exaggerated and out of control that anxiety is the number-one mental health problem in the country.", Barry Glassner
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby Daryl » Fri 14 Oct 2005, 09:31:46

I agree. I just started reading this forum. I thought I would be buried in sacrcastic, kooky flames when I posted this topic. This has been a great discussion.

"And many many more silly apocolyptic forecasts were lost in an... uh...apocalypse?"

Very funny. You are right, of course. Consider the tsunami in Southeast Asia. A similar event has certainly taken place dozens of times during the last 300 or 400 thousand years of human prehistory, completing wiping out coastal tribal communities and civilizations. Tsunamis are likely the basis of the ancient apocalypse flood myths. Also, the ancient history we do know is replete with stories of invading armies completely wiping out whole populations. The invaders usually appeared with little or no notice. My point is that apocalyptic fears run very deep in the human psyche. It's a part of us that's dangerous also. People can become delusional very easily, witness David Koresh and Timothy McVeigh. These delusions by no means have to be spiritually based, just ask all those guys living in the bunkers in Idaho. I'm not sure what they are worried about at the moment, but it is all very "fleshy" i.e. Soviet invasions, race wars, fascist federal goverment etc. I think it keeps changing from one topic to the next, like the 7th Day Adventists, who have had to alter the date of the Christian apocalypse several times.

To come back to Peak Oil Theory, I don't think it is delusional to consider Hubbert's Peak an accurate analysis of facts, or to propose that oil will become more expensive in the near future. It is also not delusional to speculate that this will cause significant changes to our society. I just wanted to point out that when groups of people start stressing out about an upcoming general societal collapse (as many "quick-crash" peak oilers do), you need to be careful that you 're not falling into a paranoid delusion. I suggest that if you are going to start letting concerns about peak oil alter your lifestyle, you should just get up every morning, take a long look in the mirror and ask yourself if you're acting reasonably. And when someone starts talking about an upcoming apocalypse, do some extra diligence and make sure that person is not a kook.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby MrBill » Fri 14 Oct 2005, 10:07:04

$this->bbcode_second_pass_quote('', 'N')o, your dismissiveness of Communism, Daryl, is based upon forgetting the Chinese.

Mind you, the West has had it no matter what. It's odd that no-one in the US has noticed the Communist Invasion that IS: where do you get almost all of your Consumer Goods from?

Communist China.

They really have sold the West the rope upon which the West will be hung.

AND it comes in three new exciting colours!

Hurry!





No one can argue with China's 9% growth over the past two decades, but they achieved it by becoming a market economy instead of a centrally planned economy. They are a market based economy run by a communist government. Part of their success has been based on almost free credit provided by the government and eager foreign investors who left their senses at the door. Despite its phenominal growth the Chinese stock market is one of the worst performing in the world. Low interest rates have resulted in a lot of misallocated capital. More often than not this has lead to over capacity in many industries. Domestic demand is still limping along, but the economy needs to grow at 9% per year to absorb workers entering the workforce and migrants leaving poverty in the countryside for manufacuring and service jobs in urban areas. This trend will continue, but it will only be possible if China can sell their goods somewhere (i.e. exports).

But, believe me, raise expectations and then dash them and you will have 1.3 billion disillusioned peasants and consumers and they will be looking for scapegoats. Then their authoritarian government will not hesitate to point their fingers at the west to deflect blame from themselves. A nasty case of xenophobia may take place in the world's most populous country and that will not be a nice thing. :!:


No, this has been an excellent topic. Very interesting points of view. Thanks. :)
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby jeffvail » Fri 14 Oct 2005, 11:39:41

Peak Oil is just a contributor to the larger issue of complexity driving diminishing marginal returns. I submit:

The Logic of Collapse

The Mechanics of Collapse

And a quick note on demand destruction: Yes, it WILL keep demand in line with supply. Just remember that chaos, famine and die off all fall into the "demand destruction" category.
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby EnergySpin » Fri 14 Oct 2005, 11:53:32

$this->bbcode_second_pass_quote('mgibbons19', 'I') feel great now because I am listening to a link from Coast to Coast that is saying Peak Oil is a myth. Those evil oil companies aren't sharing. The club of rome made it up to starve off and limit the population. The plants are shut down to keep the prices high. I heard that Saudi Arabia's sweet light has almost doubled and is almost coming out of the ground as pure gasoline. That the oilfields are replenishing.

I'm glad we don't have to worry anymore.

When I started reading this post ... I thought you were another demented cornocupian. But it turned out to be a fine piece of irony :roll:
Good job :-D
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Re: 3 reasons to be sceptical of Peak Oil Theory

Unread postby GoIllini » Fri 14 Oct 2005, 12:08:21

Are cornucopian and peak-oil views mutually exclusive?

I mean, the fact that one day, we will use less of a finite resource than we're using now is a no-brainer, but what about the possibility that we can continue growth of energy production for several centuries using existing economically scalable technology and proven reserves (fission/reprocessing)? What about the possibility that we can continue growth of energy production for millions of years using technology that's probably less than 50 years off and is getting ready to work in the lab?

The notion that oil's going to peak, but energy production won't until after the Lord Jesus returns in 10 million years is a possibility, right?

One might joke that hell might have brimstone, but God might not be able to afford the heating bill for all the fire... :-D
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Re: 3 reasons to be skeptical of Peak Oil Theory

Unread postby Aaron » Fri 14 Oct 2005, 12:13:26

If you believe that a peak in conventional oil is unavoidable.

And you believe that post-peak equals mounting oil scarcity.

And finally, if you believe that resource scarcity leads to conflict.

You're a doomer.

:)

(Conflict is the nice/nice way of saying war these days BTW)
The problem is, of course, that not only is economics bankrupt, but it has always been nothing more than politics in disguise... economics is a form of brain damage.

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