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Why trust Peak Oil Prophets?

General discussions of the systemic, societal and civilisational effects of depletion.

Re: Why trust Peak Oil Prophets?

Unread postby Battle_Scarred_Galactico » Mon 06 Feb 2006, 07:41:22

Prophets ..? Hmmm...

Well to me, spouting the idea that the laws of physics and economics are going to suddenly do a 180 and allow business as usual seems far more suited to that label.
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Re: Why trust Peak Oil Prophets?

Unread postby Omnitir » Mon 06 Feb 2006, 07:53:53

Why trust only the negative predictions, but dismiss predictions that put PO at a much later date, such as that of the USGS?
Why trust only those who have but a rudimentary understanding of economics as opposed to those who are qualified experts?
Why trust the technological debunks of those with no background in science or engineering but dismiss predicted breakthroughs from people who have spent their entire careers in science and technology?
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Re: Why trust Peak Oil Prophets?

Unread postby Battle_Scarred_Galactico » Mon 06 Feb 2006, 08:14:51

It's common sense what can and can't be done with renewables, and you have to be extremley dense to believe we can run anything near what we are now on them.

Challenges about time are different, as no-one knows how much of the black is left. That's why I don't like, or get involved with date predictions. (Other than the fact I believe OPEC is lying, but again no-one knows).
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Re: Why trust Peak Oil Prophets?

Unread postby elroy » Mon 06 Feb 2006, 09:32:19

Last report over the 4th quarter and the entire year from Shell: PDF
Especially, check out page 18. Production has gone down worldwide for Shell, this can't just be blamed on the hurricanes.
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Re: Why trust Peak Oil Prophets?

Unread postby Dreamtwister » Mon 06 Feb 2006, 12:50:06

Don't believe them. All you need to know is every time the Iranian President farts, oil goes up $0.75, the strategic petroleum reserve is now our swing producer, and President Bush, a Texas oilman, is preaching conservation.

What more do you need?

The actual date is at this point irrelevant. We are literally 1 well-placed cruise missle away from catastrophic supply interruptions.
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Re: Why trust Peak Oil Prophets?

Unread postby TonyPrep » Mon 06 Feb 2006, 17:05:44

$this->bbcode_second_pass_quote('Omnitir', 'W')hy trust only the negative predictions, but dismiss predictions that put PO at a much later date, such as that of the USGS?
Probably because so many of the predictions in their 2000 report were off (countries that would be increasing production are in decline, discoveries and reserve growth would rise from 2000, and so on).
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Re: Why trust Peak Oil Prophets?

Unread postby smiley » Mon 06 Feb 2006, 18:56:46

$this->bbcode_second_pass_quote('', 'W')hy trust the technological debunks of those with no background in science or engineering but dismiss predicted breakthroughs from people who have spent their entire careers in science and technology?


Because scientists (myself included) tend to be over optimistic when it comes to predicting future developments. That is partly something which goes with the territory. Science is and should be the realm of dreamers.

But it is also a sign of the times. Realism does not serve the scientist well these days. It certainly does not get you any funding. Glossy articles hailing the significance of your work do.

I sometimes wonder whether we have actually crossed the point where media skills have become more important than lab skills. In any way we're not far off.

A scientist is not a fountain of truth. He is a salesperson, trying to sell his research and to protect his investments. He might be telling the truth, but be watchful of the small print.
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Re: Why trust Peak Oil Prophets?

Unread postby Longsword » Mon 06 Feb 2006, 19:22:07

Just to echo others:

Look at the production numbers from the last few years, and note that several oil producers are in decline (UK, Malaysia, Norway, etc.), despite the assurances of the economists that they would ramp up their production massively.

Look at the rest of the producers and weigh in the chance they can increase their production to offset these declines AND produce all the extra oil required to fuel infinite exponential growth.

Draw your own conclusions.

In the large scale of things, even if PO is still decades away, we should do our duty to the future generations and deal with the energy problems NOW.

The only case scenario when I stop worrying altogether about the future of energy is if the Cornucopians are right and there is unlimited oil and other easily and cheaply accessible energy available, pollution is proven not to be a problem, and Earth's carrying capacity is found to be infinite in regards to explosively growing population.

For me, the key quesiton is not whether the PO year is 2006 or 2020. To me moving to more sustainable way of powering our culture is the goal.

Yours may vary.
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Re: Why trust Peak Oil Prophets?

Unread postby RacerJace » Wed 08 Feb 2006, 23:44:19

$this->bbcode_second_pass_quote('smiley', 'B')ecause scientists (myself included) tend to be over optimistic when it comes to predicting future developments. That is partly something which goes with the territory. Science is and should be the realm of dreamers.


I’d like to introduce a slight digression/rant here and note that there is a distinct difference between scientists and engineers (in generalistic terms). I am an engineer and have worked along side scientists in high tech fields for over 15 years. My experience has been that the typical mindset of a scientist is, as you say Smiley, over optimistic. This is usually because the scientist is focused on discovery and the positive implications of what they discover, for the good of their professional esteem and benevolence to the wider community. They need to be optimistic to encourage funding in what is often a very abstract non-commercially focused activity. As well as this they need a positive passion and determination for discovery to endure the long hours of toil and low productivity in between the breakthroughs.

Engineers on the other hand are generally focused on turning the discoveries of scientists into commercial reality. This is achieved through finding solutions to problems by applying known science and technology to overcome the hurdles of the commercial and physical world. It is therefore conclusive that an engineer will naturally look for potential problems and risks and try to mitigate them with the best solution driven by a goal to achieve for $1 what any fool (or crappy engineer) could do for $1000. Engineers tend to be overly pessimistic as a result, often erring on the side of conservatism (not necessarily the neocon type though). In the context of Peak Oil this comes out in my own views; tending to be pessimistic and sometimes down right doomer. I consider the worst case scenario and look for what needs to be done to mitigate it. Like Murphy’s Law states, “if it can go wrong it probably will” and if all the problems of a looming energy crisis can be solved in humane ways then all is good and I will sleep will at night. The important consideration in ‘believing the prophets’ is in how tangible and probable their claims are.

Only a critical review of the available/reliable data is surest way to be sure. All else is a subscription to soothsaying and sensationalism (try saying that with a mouth full of marbles !).

Oh and by the way don’t ask me to compare engineers and scientists to economists in terms of being over optimistic. :wink:

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Re: Why trust Peak Oil Prophets?

Unread postby Ancien_Opus » Thu 09 Feb 2006, 23:59:15

On one side is pure observation, that peak oil happened in the U.S., caught almost everyone by surprise. A massive influx of technology and capital was unable to be reversed it. The U.S. tried technology and the drill bit to find its way out of peak oil and failed. The simple fact is the solution to the U.S. peak was to get oil somewhere else. Not an option this time.

On the other side is pure speculation. Somehow this time around, the market will provide an alternative or technology will prevail. You must dismiss what has happened since 1972 and take on faith alone it will be different for the world peak. Not very reassuring.

This world has been real lucky so far but it's a gamble that may just be played out. Trust has nothing to do with it.
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 18:22:08

$this->bbcode_second_pass_quote('sch_peakoiler', 't')hey are no prophets, they are analysts. And no single Analyst on this planet is 100% true.


Then maybe they should refrain from making sensationalist claims as to when peak will occur or what effects hurricane season will have.

$this->bbcode_second_pass_quote('', '
') It is not about believing or not - faith has nothing to do with this (or very little). If you go like you are suggesting then you will have to mark millions of analysts in all areas as "false prophets".


I beg to differ. Peak Oil Doomsdayism is very similar to Rapture Christianity. Hence my use of religious vocabulary.

$this->bbcode_second_pass_quote('', '
') An example of what you right about 10 dollars a gallon prediction of Matthew Simmons. He could never expect that all wester states open their petr. reserves to offset for US production decline because of the hurricane?


Of course he could have. In fact he should have; he must have had. Oil is traded on a global market, it would be inconceivable to have $250 oil in North America but $50 oil in Asia or Europe. That would be a gross inequilibrium and only sustainable if there was a political trade barrier (global trade embargo of the World with the US).

$this->bbcode_second_pass_quote('', '
')this was the factor which saved the day, but the core of the Simmons's analysis is that the supplies are tight, with no spare capacity left -and you would hardly argue that would you?


If enough supply can be mobilized to offset $10/gal predicted price (we have $2.09/gal in Atlanta right now) then the supplies are now quite as tight as he thinks.

$this->bbcode_second_pass_quote('', '
')but to return to the "prophecy" topic - no one on planet - frelling- earth is able to predict the peak as accurate as you would possibly wish.


Then they should stop doing it and make more reasonable predictions. Even most xians have gotten it (after falsly predicting the 2nd cumming for 2000 years) and no longer make bold statements about Christ coming back in 1914, 1948 or 2000.
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 18:27:48

$this->bbcode_second_pass_quote('Karl', 'M')att Simmons applies his knowledge of Peak Oil to its possible economic effects. There are so many factors in play here that predictions can so easily miss the mark.


Which is exactly my point about making bold, sensationalist claims.

$this->bbcode_second_pass_quote('', '
') Had not the US benefited from one of the mildest winters on record so far the current base price for oil could be so much different.


How much different? Maybe $.50/gal or so? We are in low 2s right now, so that'd be high 2s. Still well short of the $10 claim. Besides, oil is a global commodity. Winter if North America was mild, yes, but hardly so in Europe and Russia.

$this->bbcode_second_pass_quote('', '
')Like anyting in life you should question this and find the answers for yourself. So the 'prophets' are not always totally accurate, but the finite nature of oil is indesputable and at some point it will peak. The signs are getting very strong that it is imminent.


Which does not warrant making assertions such as "conventional oil will pean in 2008" which is imho the current ASPO position.
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Re: Why trust Peak Oil Prophets?

Unread postby rogerhb » Sat 11 Feb 2006, 18:33:28

I have no problem with people taking "Peak Oil Prophets" to task for incorrect predictions if they also haul mainstream economists over the coals for predicting $30 a barrel.

Sounds fair?
"Complex problems have simple, easy to understand, wrong answers." - Henry Louis Mencken
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 18:38:37

$this->bbcode_second_pass_quote('jdumars', '
')And how many supposedly-infprmed economists and pundits were saying we'd be at $30 a barrel right now? It seems they were further off than Simmons & co.


You're off in your math.

Oil price: ~ $60/bbl
Simmons prediction: $300/bbl
"economists and pundits": $30/bbl

Seems to me Simmons was off by $240/bbl or a factor of 5.
Your "economists and pundits" were off by $30/bbl or factor of 2.
Either way you look at it, your boy Simmons was off by a much larger margin.
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 18:38:56

$this->bbcode_second_pass_quote('rogerhb', 'I') have no problem with people taking "Peak Oil Prophets" to task for incorrect predictions if they also haul mainstream economists over the coals for predicting $30 a barrel.

Sounds fair?


Depends on how out-there the claim is. When Michael Ruppert talsk about US ending as a unified state because of high oil prices due to Katrina and Rita or when Simmons predicts $300 oil and $10 gas or when Duncan predicts we will revert to a neo-preindustrial age by 2030 then these claims are a bit wilder than $30 oil.
If Simmons had predicted $90 oil this winter die to supply shortages, that would have been within the realm of possibility, even though it did not happen and I would not have started this thread. My beef is the sensationalist "sky is falling" claims whose only purpose is to garner publicity and sell books/DVDs.
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 18:46:54

$this->bbcode_second_pass_quote('TonyPrep', '')$this->bbcode_second_pass_quote('Jonathan_Hoag', 'C')ampbell prophesied peak oil for late 1990s, then early 2000s, now it's 2008 or thereabouts.
Do you have references for this, Jonathan? Campbell was talking about 2010 in his (and Laherrere's) Scientific American article in 1998. He now tends toward 2008. Seems to me like he's been quite consistent, but modifying the date as new information comes to light. However, the fact that he's now talking of an earlier date, belies your suggestion that he keeps pushing the date out.

Tony


http://home.cc.umanitoba.ca/~vsmil/pdf_ ... dWatch.pdf

Ok, not all of it is Cambell, some is Ivanjoe or Dreffeys as well.
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 18:53:29

$this->bbcode_second_pass_quote('RonMN', '
')If you look at the russian gas supply just weeks ago...all it took was a single cold snap for hundreds to die (hell, it was 580+ dead in the ukraine alone).


That has more to do with economics and just accidents rather than supply shortage due to geologic depletion.

Even the Ukrainian supply problems were economical: Ukrainians were supposed to pay market prices (finally) but didn't want to.

$this->bbcode_second_pass_quote('', '
')You can see we're NOT rebuilding the twin towers...


We are. It just takes a while. Any rebuilding project will have immense emotional and political impact, not merely economic one.

$this->bbcode_second_pass_quote('', '
')nor New Orleans.


Wait a second. Again, we haven't even resolved all the legal issues about property ownership, condemnation, demolition, etc. Then comes planning, zoning etc. Only then comes development.

$this->bbcode_second_pass_quote('', '
') They may talk a big game but the cold simple fact is we're broke.


I guess that's why there's construction all over Atlanta, just to name one example I see every day.

$this->bbcode_second_pass_quote('', '
')The only reason I haven't seen a $1000+ a month heating bill (so far) is because it's been 40 degrees in Minnesota in january (and my bills have still been over $200 a month). I don't expect this kind of luck to last forever.

Which is why you should look into better insulation, space heating (ability to selectivly heat only certain rooms), alternative heating methods etc. It's not a disaster.
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 19:01:46

$this->bbcode_second_pass_quote('dbarberic', 'B')ecause what these people are telling you is "directionally correct".

In the business world, you never have perfect information to make a decision. You wait until you have 80% of the answer, make a decision, and move forward. As you progress, you make updates as the other 20% becomes known.


So when your business analysts predict the market for a new product you are about to unveil to grow 100% over the next 10 years, but it really grows only 5% over that time, it's ok because they were "directionally correct"?

My problem are the overblown, sensationalist, fearmongering claims. I don't have a problem with them not being 100% accurate!
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 19:04:43

$this->bbcode_second_pass_quote('Phil', '
')The world is full of people like "Jonathan Hoag" -- "sheep", incapable of examining the facts for themselves and drawing a rational set of conclusions, who seek "prophets."


That is a totally uncalled for insult.
But to answer you, quite the contrary, people like you are the sheeple, you follow your prophets like Campbell or Dreffeys or Ruppert.
I am just pointing out how full of it they are.
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Re: Why trust Peak Oil Prophets?

Unread postby Jonathan_Hoag » Sat 11 Feb 2006, 19:11:25

$this->bbcode_second_pass_quote('Dreamtwister', 'D')on't believe them. All you need to know is every time the Iranian President farts, oil goes up $0.75, the strategic petroleum reserve is now our swing producer, and President Bush, a Texas oilman, is preaching conservation.


Oil markets are tight, for sure. Not as tight as Simmons et al would have it, though. But that has more to do with incresing demand from China and India than geological scarcity. Not to say that that won't happen. It's just that it won't be cataclismic. There is no use of oil that can't be met by other energy carriers or other chemistries. Oil is not a miracle product.
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