by oil_rocks » Wed 31 Jan 2007, 18:09:09
$this->bbcode_second_pass_quote('TonyPrep', ' ')Unfortunately, so far, you haven't provided any supporting data, that I've noticed. Since your assumptions, throughout this thread, appear to be counter to common wisdom here then I don't know how you can expect us to accept what you say without supporting data.
ok, allow me to demonstraight the science behind my beliefs...
If you've ever seen the hubbert curve (which i'm sure most of you have) you might notice that it is basically a typical bell curve. Which is great, because of its simplicity. Its really a very simple concept and just shows how the oil extraction starts slow, builds up and then slows down again as the resource starts running out. I think we are on the same page so far.
now let me take it a step further. Because the hubbert curve is designed to show a very simple principle, it is safe to say that the curve itself does not take into account complex social issues like... i dunno, for example union labor strikes, terrorist attacks, nuclear war etc. Now keep in mind, I am not trying to say that it should take those into account, I am merely starting what to most people would be an obvious fact. I think most of us here would agree the curve itself does not take into account those things.
Going one step further... the curve is so simple and basic (which again is good) that it obviously does not show any upticks for new technology or upticks for discovering any new deposits. its just a curve. I may have lost a few of you with that comment, but i think most people who look at the curve and understand it would agree that the curve itself is not meant to refect those variable. once again, its just a simple curve.
Now we get to the fun part... So if i was to chart the world's depleting oil supply and start with the hubbert curve, but then factor in a few things like possibly discovering new deposits and new technologies, conservation, higher prices etc I would end up with a curve that would be similar to the hubbert curve but not identical. it might be a little flatter as man's efforts to counter the depletion would certainly have some effect on it. even if its very small. once again i think a lot of people would agree that the actual curve would not be a, exact duplication of the hubbert curve. So if the hubbert curve is "A" and the actual curve is "B" then it would be safe to say the A <> B (A is not equal to B). -- that is the science part.
Now when i see people come up with the graph that they think will be the "actual" depletion of the world's oil supplies and it is an exact replica of the hubbert curve, then i have to say, "Wait a second, something does not at up." This new "actual" graph "C" is supposed to be the real "actual" Graph "B". therefore we know B=C. So if B=C and A <>B then therefore A could not possible be = to C, but this person is claiming it is. -- that's more science.
So my only point is that after you factor in all the variable, you still end up with a hubbert type curve, but it will be stretched out much further. And if modern science tells us we have 50 years worth of oil left with current known and tapped deposits, that after you factor in things like unknown deposits, untapped deposits, new technologies, conservation, then the final graph should, by definition be > 50 years. so when people say, "no even after adding those variable in, we are still at 50 years, or somehow even less than 50 years, i have to say, "wait a second. something doesn't add up".