[mos6507]

$this->bbcode_second_pass_quote('NeoPeasant', 'P')eak is peak, whether or not above ground economic causes pre-empt below ground geological ones.

this idea is not new around here.

"I think it is quite likely that peak oil production will occur due to the effects of a recession dropping demand for an extended period, followed by the inability of the oil industry to reach previous production levels once demand begins to recover. This would mean peak would occur earlier and at a lower production rate than it would have if it had just been a matter of physical production limits.

I have been reading about the collapsing suburban housing market and it's implications for the greater economy (you know, that stuff Kunstler has been raving about all along) and the news hasn't been good. I think peak could be at hand not due to the inability to produce more, but due to a failing economy's inability to demand more. We could even see a substantial drop in oil prices due to falling demand." -Me, in Aug. 2006

http://peakoil.com/post350561.html#350561

[jasonraymondson]

$this->bbcode_second_pass_quote('mos6507', 'S')o you shall be leaving us shortly, Mr. Raymondson?

[mos6507]

$this->bbcode_second_pass_quote('jasonraymondson', '')$this->bbcode_second_pass_quote('mos6507', 'S')o you shall be leaving us shortly, Mr. Raymondson?

[Ludi]

$this->bbcode_second_pass_quote('jasonraymondson', '
')I have just realized that a life of negativity is not a way to live.

[jasonraymondson]

$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('jasonraymondson', '')$this->bbcode_second_pass_quote('mos6507', 'S')o you shall be leaving us shortly, Mr. Raymondson?

[RdSnt]

Best of luck to you.

[copious.abundance]

$this->bbcode_second_pass_quote('jasonraymondson', 'A') lot of you are stating volatility, but this is a complete focking reversal.

[copious.abundance]

Now as for the rest of you . . .

Come join the Dark Side.

There is wealth and power, in the Dark Side.

All this can be yours - the swimming pools, the cars, the air-conditioned home, the plentiful shopping stocked with plentiful goods - in the Dark Side.



There is comfort and freedom, in the Dark Side.



Join us.

[thuja]

OilFinder I think you make a good point that people did not see a collapse to this level of pricing. I myself am surprised its dropped to 40. I think pretty much everyone is- Saudis, Russians and Peak Oil adherents alike. (I am guessing even you are surprised at the level and rapidity of the drop.)

But you continue to discount the numerous thinkers in the Peak Oil world who believe that extreme volatility is a hallmark of Peak Oil. To discount this shows the dishonesty and inherent trollishness of some of your posts.

You have salient points to make. Argue with doomer fundamentalists if you want. (I do all the time.) But when you lump all those who explore the topic of Peak Oil into one group, you make yourself look foolish and ruin any credibity you have.

[wisconsin_cur]

$this->bbcode_second_pass_quote('thuja', 'O')ilFinder I think you make a good point that people did not see a collapse to this level of pricing. I myself am surprised its dropped to 40. I think pretty much everyone is- Saudis, Russians and Peak Oil adherents alike. (I am guessing even you are surprised at the level and rapidity of the drop.)

But you continue to discount the numerous thinkers in the Peak Oil world who believe that extreme volatility is a hallmark of Peak Oil. To discount this shows the dishonesty and inherent trollishness of some of your posts.

You have salient points to make. Argue with doomer fundamentalists if you want. (I do all the time.) But when you lump all those who explore the topic of Peak Oil into one group, you make yourself look foolish and ruin any credibity you have.

[CrudeAwakening]

$this->bbcode_second_pass_quote('jasonraymondson', 'I') still believe in finite oil, but peak oil is just not possible anymore.

[copious.abundance]

$this->bbcode_second_pass_quote('thuja', 'B')ut you continue to discount the numerous thinkers in the Peak Oil world who believe that extreme volatility is a hallmark of Peak Oil. To discount this shows the dishonesty and inherent trollishness of some of your posts.

[thuja]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('thuja', 'B')ut you continue to discount the numerous thinkers in the Peak Oil world who believe that extreme volatility is a hallmark of Peak Oil. To discount this shows the dishonesty and inherent trollishness of some of your posts.

[TWilliam]

$this->bbcode_second_pass_quote('OilFinder2', 'V')ery observant, wise young grasshopper. Five months ago the buzzword here was that the price of oil would be high from now on to forever. It was never supposed to go below $100 ever again. Now that they've been proven wrong, all of a sudden the buzzword has become "volatility."

[eastbay]

He's obviously very new to this and probably just didn't know.

Peaker #1 says:
$this->bbcode_second_pass_quote('thuja', 'Y')es yes- I agree there are some posters here who postulated that even a strong economic downturn would not cause an immense price collapse. I will also fess up that I saw a floor at around 80-90$. 40 $ seemed inconceivable.

[Heineken]

$this->bbcode_second_pass_quote('jasonraymondson', '')$this->bbcode_second_pass_quote('mos6507', 'S')o you shall be leaving us shortly, Mr. Raymondson?

[CrudeAwakening]

I think it's clear that OF views the concept of 'Peak Oil', at least as espoused by people on this board, as a millenarian belief system. There is an element of this, to be sure. But to dismiss the notion of PO and it's purported consequences as merely the product of anxious minds awaiting technoapocalypse is to divert attention from the very real adjustments that we are going to have to make as things continue to play out.

[coyote]

As I recall, discussion of "price volatility" as relates to peak oil goes all the way back to the Hirsch report from 2005, at least. Why yes, that's correct. And I can recall it being discussed in my early days on this site. Any attempt to brand it otherwise is dishonest or just flat out mistaken. There were certainly a few posters this summer who proclaimed End Times, but I recall just as many who said wait and see.

The current price crash is not in any way at odds with peak oil theory. It causes at temporary problem in credibility with people who do not fully understand the issue - but that may be a good thing for us in the long run. More preps time.

[thuja]

$this->bbcode_second_pass_quote('coyote', 'A')s I recall, discussion of "price volatility" as relates to peak oil goes all the way back to the Hirsch report from 2005, at least. Why yes, that's correct. And I can recall it being discussed in my early days on this site. Any attempt to brand it otherwise is dishonest or just flat out mistaken. There were certainly a few posters this summer who proclaimed End Times, but I recall just as many who said wait and see.

The current price crash is not in any way at odds with peak oil theory. It causes at temporary problem in credibility with people who do not fully understand the issue - but that may be a good thing for us in the long run. More preps time.