The Oil Drum: The National Petroleum Council Report

Stuart writes, “…the NPC put together a team who have a track record of being relentlessly overoptimistic, and the absolute trailing edge of concern about oil supply issues. What did they have to say? So, we could summarize this as “Peak oil is nowhere in sight; we think we can continue to grow oil supply in coming decades as we have in recent decades, but it’s getting trickier and you a) better be prepared to grant all our various requests for assistance in pulling it off, and b) should start trying to use less of our products in case we can’t quite manage it”.

Stuart then takes a few moments to re-debunk some of the claims of the report in his post with his usual empirical approach. Lots of data and charts. 🙂

The Oil Drum