Matt Simmons has made the mistake of telling us how much is left, then extrapolating that into a prediction on how it is going to be used. There are economic brakes that have been applied that slowed our use of oil lately. It's a kind of rationing. Give the consumers less paper to buy the stuff, and they will use less of it. The supply is still dwindling, but we are slowing down our use of it.
That's a good thing. We're using less oil.
The amount under Saudi Arabia is still going down, just slower now.
Matt Simmons should stick to making predictions about what he knows. The supply is different from the finished product.
As an example there was a lot of salmon on grocery store shelves in the 1960's just after they punched through the ice and got the breeders up near Greenland. The supply was down, but the stores were full of finished product.
We may be in a similar situation now with oil.
PeakOil is You
THE Matthew Simmons Thread pt 3 (merged)
Re: The Matthew Simmons Thread pt 3 (merged)
by Revi » Mon 28 Sep 2009, 08:16:27
Deep in the mud and slime of things, even there, something sings.
-
Revi - Light Sweet Crude
- Posts: 7417
- Joined: Mon 25 Apr 2005, 03:00:00
- Location: Maine
Re: The Matthew Simmons Thread pt 3 (merged)
by shortonsense » Mon 28 Sep 2009, 10:17:03
$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('shortonsense', '
')Simmons, M., Twilight in the Desert (New Jersey, John Wiley and Sons Inc., 2005 ), p.354:
"The twilight of Saudi Arabia's oil miracle, if properly understood and managed, could become the dawn of a more enlightened and sustainable global society....it could unleash the dawning of a genuine scientific investigation as the world's brightest minds tackle the challenges of inventing a series of new energy forms that create even greater security and prosperity for the evoling societies of our new century than we enjoyed through the bounty of affordable and dependable oil."
Emphasis mine.
')Simmons, M., Twilight in the Desert (New Jersey, John Wiley and Sons Inc., 2005 ), p.354:
"The twilight of Saudi Arabia's oil miracle, if properly understood and managed, could become the dawn of a more enlightened and sustainable global society....it could unleash the dawning of a genuine scientific investigation as the world's brightest minds tackle the challenges of inventing a series of new energy forms that create even greater security and prosperity for the evoling societies of our new century than we enjoyed through the bounty of affordable and dependable oil."
Emphasis mine.
Good work -sense. Impressive bit of research there.
Its called reading. Try it sometime. You learn things, like how many of the sources in this debate are misrepresented.
$this->bbcode_second_pass_quote('Pstarr', '
')What have you done -sense, except act cute and dismissive? At least your Hero-Boy JD eats tofu and rides a bike. How has you commitment played out?
I follow perfectly predictable economic behavior. When prices rise, I react in a way consistent with substitution and conservation. I live close to work. I buy locally growth produce and meat. When I move, it is to a more efficient dwelling. Unlike many here, I recognize resource depletion as a serious and long term issue and am generally irritated when pretenders scream "we're all going to die!!" from the rooftops over decades, making sure that those with serious concerns get lumped in with 9/11 crackpots and eco-fascist nutjobs.
-
shortonsense - Permanently Banned
- Posts: 3124
- Joined: Sat 30 Aug 2008, 03:00:00
Re: The Matthew Simmons Thread pt 3 (merged)
by shortonsense » Mon 28 Sep 2009, 10:19:01
$this->bbcode_second_pass_quote('mos6507', 'T')his whole 'circle the wagons' approach to defend any and all doomers (not just Matt, but Ruppert in the other thread) is the worst possible way to make these issues relevant to the masses.
Bingo.
-
shortonsense - Permanently Banned
- Posts: 3124
- Joined: Sat 30 Aug 2008, 03:00:00
)
