[eastbay]

$this->bbcode_second_pass_quote('OilFinder2', '')$this->bbcode_second_pass_quote('AirlinePilot', 'I') posted this for informational purposes. If you got a problem with it why don't you take it up with him, over at TOD???

[profgoose]

No one is denied registration at The Oil Drum. Setting up an account is easy and painless. Further, we have closed less than 20 accounts in over five years.

I will leave it to others to discern what this fact means about certain people posting here and/or the veracity of anything said here or in any other forum.

Have a lovely day.

PG

[Homesteader]

$this->bbcode_second_pass_quote('profgoose', 'N')o one is denied registration at The Oil Drum. Setting up an account is easy and painless. Further, we have closed less than 20 accounts in over five years.

I will leave it to others to discern what this fact means about certain people posting here and/or the veracity of anything said here or in any other forum.

Have a lovely day.

PG

[yesplease]

$this->bbcode_second_pass_quote('shortonsense', 'P')eak Oil has always been a supply side argument. Worse, Lynch argues, and it appears correctly, that the basics of the debate actually center on amount in the ground and incidently (rather than primarily) the rate derived from it. So many different versions have grown out of the basics that they are hard to keep track of, but at its heart, its still a supply side argument.

[americandream]

Try telling the corporatised JIT debt based , growth oriented export model of global economy that "it will simply and smoothly" maintain a viable equilibrium in the event of its lifeblood, oil, progressively drying up. It is these inane comments that so remind me of the false bravado that preceded the current credit bubble, a false bravado driven by a simple stupidity that is frankly, breathtaking, in it's broad and grand sweep.

$this->bbcode_second_pass_quote('yesplease', '')$this->bbcode_second_pass_quote('americandream', 'L')ook at the chart. It speaks volumes for the state of mental disconnect between where we're headed and the depths we may have to plumb to run that show.

[TheDude]

Thanks for the translation, eXpat. Hopefully we'll hear from BrazilianPO, but it looks like he's been MIA since last June.

Hmm, they're testing ethanol for power generation! Sugar and Cellulosic Ethanol Stocks

$this->bbcode_second_pass_quote('', 'O')n January 19, the first ethanol-fired power plant whirred into action in Brazil. National oil company Petrobras (NYSE: PBR) and American systems giant General Electric (NYSE: GE) pitched in resources to turn an existing 87 MW plant into a flex-fuel power station that can alternate between natural gas and ethanol (which are both considered alternative fuels, even though only one is renewable). GE wants to see how its turbines can be adapted to work in flex-fuel plants in Brazil and in developed countries like Japan, where clean-burning power plants are gaining momentum.

[yesplease]

$this->bbcode_second_pass_quote('americandream', 'T')ry telling the corporatised JIT debt based , growth oriented export model of global economy that "it will simply and smoothly" maintain a viable equilibrium in the event of its lifeblood, oil, progressively drying up. It is these inane comments that so remind me of the false bravado that preceded the current credit bubble, a false bravado driven by a simple stupidity that is frankly, breathtaking, in it's broad and grand sweep.

[americandream]

School grade math. Yeah. Let's examine that math of yours.

A global capital premised on perpetual growth and the upward massaging of demand in a constant and fevered quest to accumulate from the resulting surplus will suddenly be redeemed by some invisible balancing of the demand books when oil supply falls into the abyss and find redemption in a happy, happy realm of steady state wealth. Like I said, there are some who are incorrigibly stupid.

$this->bbcode_second_pass_quote('yesplease', '')$this->bbcode_second_pass_quote('americandream', 'T')ry telling the corporatised JIT debt based , growth oriented export model of global economy that "it will simply and smoothly" maintain a viable equilibrium in the event of its lifeblood, oil, progressively drying up. It is these inane comments that so remind me of the false bravado that preceded the current credit bubble, a false bravado driven by a simple stupidity that is frankly, breathtaking, in it's broad and grand sweep.

[Googolplex]

I'm surprised nobody pointed this out, but according to the chart, although production shows a peak in 2010, what we actually think of as "peak oil" looks to be in the 2013 time frame. Currently, we are in a large artificial dip in oil demand do to the recession, and the chart reflects that, so regardless of production peak, demand does not actually outstrip supply until several years later. That's when all the "peak oil" stuff will actually happen.

In short: looks like 2013 is the year to fear, not 2010. According to that chart anyway.

[davep]

$this->bbcode_second_pass_quote('shortonsense', '')$this->bbcode_second_pass_quote('davep', '')$this->bbcode_second_pass_quote('OilFinder2', 'B')eneath the chart it says:

"Although less challenging, Divided Attention and Sustainable Development shall also require considerable investment effort."

Note the, "Although less challenging." That means he believes those two scenarios are do-able, given sufficient investment.

I repeat: Nowhere in this document does he say 2010 is forecast to be the peak. That is ace's interpretation - and it is an incorrect one.

[shortonsense]

$this->bbcode_second_pass_quote('Googolplex', '
')In short: looks like 2013 is the year to fear, not 2010. According to that chart anyway.

[yesplease]

$this->bbcode_second_pass_quote('americandream', 'S')chool grade math. Yeah. Let's examine that math of yours.

A global capital premised on perpetual growth and the upward massaging of demand in a constant and fevered quest to accumulate from the resulting surplus will suddenly be redeemed by some invisible balancing of the demand books when oil supply falls into the abyss and find redemption in a happy, happy realm of steady state wealth. Like I said, there are some who are incorrigibly stupid.

[americandream]

Yeah. Sure. You waffle on about supply and demand when the whole equation is screwed and then deny these inferences. Like I said, not the brightest!

$this->bbcode_second_pass_quote('yesplease', '')$this->bbcode_second_pass_quote('americandream', 'S')chool grade math. Yeah. Let's examine that math of yours.

A global capital premised on perpetual growth and the upward massaging of demand in a constant and fevered quest to accumulate from the resulting surplus will suddenly be redeemed by some invisible balancing of the demand books when oil supply falls into the abyss and find redemption in a happy, happy realm of steady state wealth. Like I said, there are some who are incorrigibly stupid.

[yesplease]

$this->bbcode_second_pass_quote('americandream', 'Y')eah. Sure. You waffle on about supply and demand when the whole equation is screwed and then deny these inferences.

[TheDude]

For a while I've been examining things on the basis of percentage growth year to year; patterns emerge which are quite interesting. When world production contracted in the opening years of the 1980s you still had robust growth out of Europe; OPEC's reduction was wholly market and politically based, of course. 1991-1993 also saw flat to slight declines for the world, but again Europe plus Central & South America advanced - the big loser was North America.

Now 2006-2008 again you see world production at <1% growth, or slight decline; it's Europe this time that's showing rapid decline, but unlike these previous phases hardly any region is growing >1% even for one year. The big gainer on a percentage basin? North America, a thoroughly mature continent barring minor advances in tar sands. This is a large qualitative difference in the history of crude oil production which warrants close examination.

[copious.abundance]

$this->bbcode_second_pass_quote('profgoose', 'N')o one is denied registration at The Oil Drum. Setting up an account is easy and painless. Further, we have closed less than 20 accounts in over five years.

I will leave it to others to discern what this fact means about certain people posting here and/or the veracity of anything said here or in any other forum.

Have a lovely day.

PG

[Googolplex]

$this->bbcode_second_pass_quote('shortonsense', '')$this->bbcode_second_pass_quote('Googolplex', '
')In short: looks like 2013 is the year to fear, not 2010. According to that chart anyway.

[shortonsense]

$this->bbcode_second_pass_quote('davep', '
')Err, didn't the IEA say that 7% field decline was now, rather than since 2005?

[shortonsense]

$this->bbcode_second_pass_quote('Googolplex', '')$this->bbcode_second_pass_quote('shortonsense', '')$this->bbcode_second_pass_quote('Googolplex', '
')In short: looks like 2013 is the year to fear, not 2010. According to that chart anyway.