[jeezlouise]

Occasionally I like to post bits of media that are so wrong, so far off base that they will make you want to throw your computer through the window. Here's one of the worst pieces of denialist rubbish I've come across in quite a while:

Investor's Business Daily

Check this out:

$this->bbcode_second_pass_quote('', 'T')he peak oil theory was popularized by M. King Hubbert, a Shell Oil geophysicist who wrote a 1956 paper claiming U.S. oil production would peak by the early 1970s and then decline. He was right, but not in any meaningful way. Domestic production peaked, but at a level 13% higher than he predicted.

As for the drop that Hubbert projected due to depleted resources, it was short-lived. Production increased after a temporary dip.

[jeezlouise]

I knew I should have checked to see if Leanan got to this one before me... it's not here but it's over at the Oildrum.

[jeezlouise]

$this->bbcode_second_pass_quote('Gideon', 'I') like it when they refer to the "Peak Oil Theory".

As if there was some other option available, exclusive of crazy abiotic theories.

It's really just math.

What the theory really is is the DATE, not the PEAK, which any fool can see must occur.

[FairMaiden]

$this->bbcode_second_pass_quote('', ' ')...revealing the streak of catty narcissism that runs through many peak oil theorists.

[Zardoz]

We can only imagine how shrill and hysterical these hyenas will get when the refineries start running short of crude feedstock.

[vision-master]

$this->bbcode_second_pass_quote('jeezlouise', 'O')ccasionally I like to post bits of media that are so wrong, so far off base that they will make you want to throw your computer through the window. Here's one of the worst pieces of denialist rubbish I've come across in quite a while:

Investor's Business Daily

Check this out:

$this->bbcode_second_pass_quote('', 'T')he peak oil theory was popularized by M. King Hubbert, a Shell Oil geophysicist who wrote a 1956 paper claiming U.S. oil production would peak by the early 1970s and then decline. He was right, but not in any meaningful way. Domestic production peaked, but at a level 13% higher than he predicted.

As for the drop that Hubbert projected due to depleted resources, it was short-lived. Production increased after a temporary dip.

[killJOY]

$this->bbcode_second_pass_quote('', 'A')s for the drop that Hubbert projected due to depleted resources, it was short-lived. Production increased after a temporary dip.

[gt1370a]

$this->bbcode_second_pass_quote('killJOY', '')$this->bbcode_second_pass_quote('', 'A')s for the drop that Hubbert projected due to depleted resources, it was short-lived. Production increased after a temporary dip.

[pup55]

letters@IBDeditorials.com

Feel free to direct your ire at the source: the head cheerleader that runs the editorial department, at the above email address.

[cube]

$this->bbcode_second_pass_quote('Zardoz', 'W')e can only imagine how shrill and hysterical these hyenas will get when the refineries start running short of crude feedstock.

[jeezlouise]

$this->bbcode_second_pass_quote('pup55', 'l')etters@IBDeditorials.com

Feel free to direct your ire at the source: the head cheerleader that runs the editorial department, at the above email address.

[simontay78]

This article is trying to calm the market down...and may had already succeed.

I like to send a proper email to the editor in chief but not sure how to make it a readable one.... there might be too much fear, anger, anguish, dark humor and dread to be comprehensible...

Starting like...

Dear Sir,

Regarding the article titled "Running On Empty? Not Yet" dated 4/12/2007

Peak oil is not a fear mongering theory to eliminate growth but a wake up call to mitigate into alternative fuel and lifestyle in order to survive without conflict and war.

The article pointed out that peak oil may not be immediate but 10 years away but do we have to wait until it is officially declared to prepare for alternative lifestyle and alternative transportation methods? The unfortunate event of higher cost of living due to high oil prices will render any countries economies into a stand still without proper preparation to mitigate into the future.

The ill informed population that your article targeted will suffer the consequences for not preparing for peak oil or investing incorrectly.

The facts are already there for all to see, depletion of oil fields around the world had been reported all over other news agencies and yet your article titled "Running On Empty? Not Yet" dated 4/12/2007 clearly dismissing the importance of conservation of fossil fuel....

OIL are used in almost all our daily lives, majority of it is transportation of goods thousands of miles around the world and as a fuel for vehicles. Unknown to some, oil are use directly or indirectly in almost EVERYTHING in our lives from your plastic cover of your food, bags, toilet cover, cups, photo frames, toys, bottles, fan blades, computer, spectacles, earphones, hand phone, polyester clothings, paints, lubricants, kerosene, PVC, tar roads, petrochemical, pharmaceutical...Agriculture used oil as pesticides and natural gas as fertilizers, machinery to plough, seed, water, harvest, pack, process the crops, transport thousands of miles to your plates.

Without cheap oil, Earth might not be able to sustain our current population and implode with huge natural or man-made demand destructions!

Natural Demand destructions are disasters such as volcano eruptions, earthquakes, floods, hurricanes, tornadoes, heat waves, tsunami, plague, drought, forest fire, famine and others naturally occurring disasters!

Man-made disasters are wars, bio and chemical weapons, terrorism, civil wars, nuclear war and other man made disasters that make demand destruction!

We can prevent most of these man-made disasters by curbing our addiction to fossil fuels and conserve what is remaining for more essential usage for life sustaining like food productions instead of ethanol or biofuel creation. Transportation of essential food and services to cities is vital for any cities sustainability...not necessary for SUV that have lower mileage.

The realization by your article states that peak oil will began in 10 years time should put some fear into many as MANY people do not and will not trade their cars in for some untested vehicle using expensive technology which is currently not cost effective at all...

this resistance to change might hinder the full migration to alternative fuel by about 20 years or more!! (Think China fleet of cars!)

Oil prices may be affected by political tensions, OPEC production cuts and terrorism in oil producing countries on their oil fields...but the key concern for the world is if the oil supply able to meet the growing demand now...and into the future!

Alternative unconventional oil or fuel are currently extremely expensive comparing to crude oil...so oil price will be set high by "countries" in order for their feasibility for extraction from oil sands, oil shale, deep sea drilling, biofuel and other new technologies to surface.

If oil from majority of major oil producing countries starts to deplete such as Mexico, Iraq, USA, China, Indonesia, North Sea...possibly Saudi Arabia can signal the peak in global oil production and soon the global oil production may not able to meet the global demand anymore...once the declines starts.

So, by writing article such as "Running On Empty? Not Yet" does not help humanity much in the near future and might cause great suffering for them....as they head into the cliff blind folded by your denial....

Warmest Regards,

[mekrob]

I just absolutely love it when people refer to things as "theories" in a pathetic attempt to degrade the theory. It's simply amazing how they always make sure to point out that GW, evolution, PO, etc are just 'theories'. Do these people realize that gravity is still just a theory?! Light is still just a theory (I believe). There are plenty of other 'just theories' that are all around us.

A theory is simply something that cannot be fully explained and predicted for future events. It's not some supposition made up by hacks in their basement under a tin-foil hat. Every time these dumbasses refer to such phenomena that they want to disprove as 'theories', all they are doing is helping to reaffirm the position as a theory. So yes, GW, PO, and evolution are all 'just theories' and that's all they all will ever be since we, humans with limited knowledge of the world, will never be able to fully understand the world around us, no matter how much we try or how big the computers are that we invent.

[Aaron]

KATO itself predicts a peak... just later.

[joewp]

$this->bbcode_second_pass_quote('mekrob', 'I') just absolutely love it when people refer to things as "theories" in a pathetic attempt to degrade the theory.

[Newsseeker]

$this->bbcode_second_pass_quote('Gideon', 'I') like it when they refer to the "Peak Oil Theory".

As if there was some other option available, exclusive of crazy abiotic theories.

It's really just math.

What the theory really is is the DATE, not the PEAK, which any fool can see must occur.