by Golgo13 » Sun 07 May 2006, 15:14:03
Well, well, well. If it isn't "sunshine on my fucking shoulders" John Denver, calling it quits.
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')I came to the conclusion that peak oil is a non-event, which has no significant impact on my daily life.
Oil is up by about 600% since the late 90s, So where's all those scary peak oil effects?? You know, the knock-on effects caused by the end of cheap oil.
Call me crazy, but when I step out my front door, things look EXACTLY like they did when oil was cheap. I mean EXACTLY...
...The reality just isn't matching up with the rhetoric.
So this means we won't get to see any more of this type of "past as a guide to the future" extrapolation? What a fucking tragedy!
OPEC says it's got no spare capacity, Ghawar, Cantarell, Burgan, and Daqing are all in decline, Kuwait has half of their official stated reserves, there's no alternatives that can even hope to replace oil in those quantities, and yet everything will somehow work its way out and our infinite growth racket society will continue unabated.