[Pops]

$this->bbcode_second_pass_quote('RobertRapier', '.')..If the meteor is going to strike next year, my preparations will be different than if it strikes in 10 years. I need to know how bad it is going to be, and just what I can do, and when I need to do it.

[rangerone314]

$this->bbcode_second_pass_quote('pedalling_faster', 'i')t's a complete waste of prep time to debate the timing of the peak.

but it's interesting to talk about

when production backs off, does it give the oil-version-of-aquifers time to seep some more oil to the well-heads - in a way that allows an actual increase in production from a well that's been "resting" ?

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('OilFinder2', 'I') see The Oil Drum has finally picked up on this topic. And I just love their predictable oil-will-decline-from-here-on-outwards charts.

[alokin]

This topic is important. But I am really disappointed the way it is discussed. You are only hacking on one another and reading the topic
does not lead anywhere.

[Pops]

$this->bbcode_second_pass_quote('alokin', 'T')his topic is important. But I am really disappointed the way it is discussed. You are only hacking on one another and reading the topic does not lead anywhere.

[efarmer]

The arguments can be convincingly made in many directions because it is
a very complex system and the critical data is being kept secret as state
secrets, corporate secrets, and because a big chunk really is unknown
and this is make the unknown part a big secret for those who might
know or who say they do know and charge big money to expound in
client's ears about it.

So I always go back to basics. It is a huge system with tremendous inertia
from it's massiveness and even though the markets porpoise up and down
on rumors and hunches and schemes the underlying system is slower
than the speculating markets that get so much of the attention.

By the late 1990's it was obvious that monumental imbalances in the
financial system were manifest and that they had to reconcile via an
orderly "soft landing" or a gruesome and chaotic crash event(s).
Ten years later we have the real manifestation in our laps.

The markets attempt to anticipate what is really going on combined
with the flywheel inertia of reality are going to make a baffling undulating
plateau that lasts for what I purely guess will be 7 to 10 years from the
oil price shock episode of 2008.

Myself, I was really kind of hoping that the rest of the world would realize
that I really deserved to be a star like, aristocratic, investor who needed
their petroleum, cheap labor, and life savings, in order to demonstrate what
living in style and with panache really meant. Why have they lost faith in
me just when stuff was getting good?

Once you ride a bubble for a few years the suspension on your old
oxcart is really hard to get used to again.

[alokin]

I agree with the different opinions, but some discussions are like chicken in a pen pecking each other.

[Revi]

I was watching the BBC and they said that the global economy will contract this year by something like 2-3 percent. Is that roughly equal to the amount of oil we are going to be down?

They said that they thought that the economy would right itself and start growing again next year.

The great thing about peak oil is that we know it ain't gonna happen.

[TonyPrep]

$this->bbcode_second_pass_quote('OilFinder2', 'H')at tip to JD for the find:
http://i-r-squared.blogspot.com/2009/03 ... falls.html

[TonyPrep]

$this->bbcode_second_pass_quote('RobertRapier', 'W')ell, we aren't debating the best salsa recipe. I consider this a critically important subject.

[shortonsense]

$this->bbcode_second_pass_quote('TonyPrep', '')$this->bbcode_second_pass_quote('RobertRapier', 'W')ell, we aren't debating the best salsa recipe. I consider this a critically important subject.