by thuja » Sat 29 Dec 2007, 00:53:36
$this->bbcode_second_pass_quote('Oil-Finder', 'I')t is you who did not read it.
It says, "oil production not peak before 2030." In other words, it will peak after 2030. 22 years is just a bare minimum, after which production will plateau for quite a while.
This is hardly the "imminent" scenario you depicted them as saying.
Really don't want to argue over the date of "Peak". Its a tired subject- but...
CERA have been backpedalling as of late and are inching towards a much closer date- but if you look at the graph it shows a peak at the latest around 2037- (30 years).
Is that what is making you a cornucopian- that you're hoping for 30 years of time left? By the way- CERA believes we will discover 5 more Saudi Arabia sized discoveries...who knows? Maybe we'll find that creamy nugget of ever-replenishing oil as well.
Most solid minds (and that includes the heads of the major oil comapnies)- see a much more imminent peak- but really we are getting way from things.
The issue is that you said that you are "someone who doesn't think oil production will peak any time in the foreseeable future." And I said even the silliest of the bunch, CERA, believe that we will be peaking soon- they used to say things like you said and now they are qualifying with the 2030 thing- its inching up closer each time they have a press release.
So- again- if you want to be cornucopian, say something like...
"My guess is that we have hopefully a couple decades left of increasing oil production. That is ample time for us to build lots of nuclear plants and switch to an electric grid that will support a new fleet of electric transportation."
That's a fine place to start debate. JD does this a lot. I'd say it borders on immensely unlikely but still in the realm of the possible. But- saying that you are "someone who doesn't think oil production will peak any time in the foreseeable future." That's just ludicrous I'm afraid and even CERA wouldn't agree with you.