[peakme]

$this->bbcode_second_pass_quote('', '[')b]The Future of Energy: Viewpoints: It's the End of Oil / Oil Is Here to Stay by Kenneth Deffeyes 23 Oct 2005:
It's the End of Oil
World oil production is about to reach a peak and go into its final decline. For years, a handful of petroleum geologists, including me, have been predicting peak oil before 2007, but in an era of cheap oil, few people listened. Lately, several major oil companies seem to have got the message. One of Chevron's ads says the world is currently burning 2 bbl. of oil for every barrel of new oil discovered. ExxonMobil says 1987 was the last year that we found more oil worldwide than we burned. Shell reports that it will expand its Canadian oil-sands operations but elsewhere will focus on finding natural gas and not oil. It sounds as though Shell is kissing the oil business goodbye. M. King Hubbert, a geophysicist, correctly predicted in 1956 that oil production in the U.S. would peak in the early 1970s--the moment now known as "Hubbert's Peak." I believe world oil production is about to reach a similar peak. …

[killJOY]

Not bad, actually, for a sound-bite-driven corporate horseshit asswipe of a fucking magazine.

My FAVORITE moment, Huber says:
$this->bbcode_second_pass_quote('', 'N')onsense. Technology and politics--not geology--determine how much we pump and what it costs.

[BabyPeanut]

$this->bbcode_second_pass_quote('', 'p')olitically painless for the U.S. to ban almost all new drilling off the Florida

[peaker_2005]

Note the title of Huber's book:

$this->bbcode_second_pass_quote('', 'P')eter Huber is the co-author, with Mark Mills, of The Bottomless Well

[nth]

Well, Peter's claim of bottomless well is bogus. If you ask Peter if we will run out of oil in 100 years, he will not say no. I can't believe the Time editors allow him to contradict himself!
In interviews, Peter has mentioned several times that by the time the oil runs out, we will have found an alternative source.

Anyways, you guys like to dismiss the idea that oil production is limited by economic and political constraints. These factors do alter the peak date, but even if you factor these in, it will only buy you a few more years at most.
Instead of dimissing it, should explain that even factor in, it won't alter the date by much.

[Leanan]

I think the whole premise of "the bottomless well" is ludicrous. They argue that we should encourage profligate energy use, because the sooner we use it all up, the sooner new, better energy sources will be invented.

Funny, it didn't seem to work for the Easter Islanders...

[sameu]

what a jackass

politics and technology are limitations on how much we produce
we can change/improve these to lower these limitations but they never ever change anything about the total amount of crude in the earth.