[dinopello]

Strange, no mention of the GAO report in this article from NYTimes:

We got oil coming out of our ears!

Good lord, look at this

$this->bbcode_second_pass_quote('', 'T')here is still a minority view, held largely by a small band of retired petroleum geologists and some members of Congress, that oil production has peaked, but the theory has been fading. Equally contentious for the oil companies is the growing voice of environmentalists, who do not think that pumping and consuming an ever-increasing amount of fossil fuel is in any way desirable.

[AirlinePilot]

$this->bbcode_second_pass_quote('dinopello', '')$this->bbcode_second_pass_quote('', 'M')any oil executives say that these so-called peak-oil theorists fail to take into account the way that sophisticated technology, combined with higher prices that make searches for new oil more affordable, are opening up opportunities to develop supplies. As the industry improves its ability to draw new life from old wells and expands its forays into ever-deeper corners of the globe, it is providing a strong rebuttal in the long-running debate over when the world might run out of oil.

[nth]

I think we should open ANWR and all US coastal area and deep sea, but just not now. We should open those areas in 2020 or after. After everyone knows and cannot deny PO, we will need every single drop of oil to transition our lifestyle to a power down society.

That is my opinion.

[Lore]

$this->bbcode_second_pass_quote('nth', 'I') think we should open ANWR and all US coastal area and deep sea, but just not now. We should open those areas in 2020 or after. After everyone knows and cannot deny PO, we will need every single drop of oil to transition our lifestyle to a power down society.

That is my opinion.

[nth]

$this->bbcode_second_pass_quote('Lore', '
')
By that time all oil pumped from local sources will go to feed the "military industrial complex".

[sameu]

yeah just keep hoping

[Uninspired123]

$this->bbcode_second_pass_quote('nth', 'I') think we should open ANWR and all US coastal area and deep sea, but just not now. We should open those areas in 2020 or after. After everyone knows and cannot deny PO, we will need every single drop of oil to transition our lifestyle to a power down society.

That is my opinion.

[Ludi]

$this->bbcode_second_pass_quote('nth', 'I') hope not. If the world is running out of oil, I hope we are not running around fighting for more oil. We should just bunker down. I hope others will not use their precious oil to terrorize us.

[Revi]

What do humans do when faced with the end of a resource? In the north atlantic the Canadian Government handed the cod fishery to huge factory ships even as their numbers dwindled. They had a sustainable inshore cod fishery, but they gave the last of the resource to the ravenous maw of industry. Us little people won't get the oil. Fugeddaboudit. We'll be told to fend for ourselves and others better connected will be driving around. Will the strategic petroleum reserve or the heating oil reserve be used to heat ordinary people's homes in a crisis, or will the oil go to heating places and houses owned by the powerful?

Let them eat cake.

[nth]

$this->bbcode_second_pass_quote('Ludi', '
')
You really think the US efforts in the ME aren't about oil? It';s hard to imagine they're about anything else, considering. Certainly not really about terror, as we're not aggressively pursuing the main terror funding (Saudi Arabia) but fussing around elsewhere. For what? I think a position in the ME, for oil.


But, I suppose I could be wrong and it's really about terrorism or freedom, or something ideological.

[pea-jay]

$this->bbcode_second_pass_quote('nth', '
')
Of course, it is all about oil. Do you see us going into Sudan or Somalia? They supposed to have terrorist links, too.

[Ludi]

$this->bbcode_second_pass_quote('nth', 'M')y point is that after PO and the acceptance that we are running out of oil that our government will be smart enough to move away from oil.

[nth]

$this->bbcode_second_pass_quote('Ludi', '
')

I just don't see it, I see no evidence for that position whatsoever.

[Sixstrings]

I posted a link to a GAO report, then realized the stupid thing is from 2007! So I feel silly now with such old news, I'm not able to delete the forum post so here's the report anyway:

link too long

So sorry everyone for the old news spam. I'm still glad I ran across it, as I didn't previously realize the federal government acknowledged the reality of peak oil. It's also interesting to see in the report the main bullet points I've learned from this website -- namely, that it's unlikely alternative energy techs can be developed quick enough to avoid what the report calls "severe consequences."

[Nano]

Yep, everybody with half a brain currently acknowledges peak oil is probably here, or at least not far off. The discussion about the severity of the consequences is what matters now.

As before, there is still a sizable cornucopean camp out there which thinks that even with $500 oil, all will be well. There are even people welcoming the high prices in it's expected function as a stimulant for otherwise uneconomical sustainable development!