I think it's fair to say that it's time to say nite nite to peak oil.
It can be put ino the same box room as a yellowstone volcanic eruption, a meteor strike, aliens landing and planet X.
All are theoretically possible but very unlikely within the next 100 years.
Planet X has moved ahead of peak oil in the probability stakes and Peak oil stays just ahead of Y2K
Peak oil is the most unlikely as evidence now shows.
Demand is down worldwide as consumption is down.
The emerging economies are going for other things. The USA are beginning to 'conserve'
New technologies are indeed more likely now such as hydrino power,
(check
www.blacklightpower.com - in fact invest now
also
www.hydrino.org) and nanotechnology.
Not to mention the massive new interest in nuke power which will be on-line within 10 years.
Simmons, Heiberg and Kunstler and others now seem and sound like desperate men as they see future book sales waning.
Many wonder whether Simmons is a dupe for people like those on here who with his help have elevated prices to $60 plus with many, many thanks from the Oil industry who have been keeping billions of barrels under their stetsons.
I would hazard a guess that peak oil websites had been enjoying expotentially growing hits but I would assume that this to is waning now.
Peak Oil will not ever happen as the conciousness shift that was desired by many here has occured and things have changed. Some will argue that it's a non renewable resource so inevitably will peak, well of course, but nobody will notice or care if that day ever arrives.
Far too much was invested in Simmons who is now evidently and simply 'wrong'- mission accomplished
SA have plenty, or at least they have 20 o 30 years before their peak and by then all will be well,
but many thanks to the doom sayers here, you did wake us in the indudtry up to a potential problem that many thought was 60 years away but now realise was more like 30.
we now have time to prepare.
Heartbeat
www.blackbud.co.uk