Originally posted by LDragonFire
We have had this debate before, and now we will continue it. People have been discussing peak oil long before the 1980's, It was first introduced
by:
He was discussing peak oil for the UNITED STATES since it was so well explored at the time. To propose that we use the Hubbert curve for the rest of
the world is shear ignorance.
He made other prediction regarding natural gas that he was dead wrong on he also made prediction about coal that have vet had time to
mature.
So according to you it's one out of three predictions while i would argue that it's non out of three?
However regarding peak oil and the USA he was dead on:
Yes, wiki author , it posits presuming that sufficient geological and general information exists which was in good part the case for Northern north
American. To suggest that the Hubbert curve will hold true for the rest of the world based on far far less data is shear speculation.
So unless we know what type of production rates are being employed how will we ever know if oil is actually running out of if they are just making
their profit trough higher prices while hanging on to the oil ?
And we don't know for a fact that it is in any obvious way finite and our best estimation corresponds more to the extraction cost than to any
fundamental determination as to how much there is to be had.
And for those that don't yet know this guy was asked to develop such a predictions by non other than the oil major he happened to work for at the
time. How often is such predictions accurate and why has his oil predictions came to be true when the same can not be said for gas and coal? Why has
twice the 1975 us oil reserve figure been produced to date? What does that say about reserve figures other than that they are hopelessly conservative
for even well explored regions?
And according to this graph he was completely right:
The only thing the graph illustrates is that oil production followed the curve laid out by Hubbert. It does NOT prove that how much oil there was or
are today. Where after all did all the oil come from that has been produced since the initial reserve of 1975 were exhausted within a few decades?
Truthfully what more evidence do you need, just goto the gas station and tell everyone there that there is plenty of oil or gas and lets see
the response you get.
And what pray tell do they know about this subject matter other than the fact that they are paying more and more for gas? It's not that i need more
evidence it's that i need ACTUAL evidence instead of this circumstantial illogical reasoning that tells me that the world's oil suddenly ran out and
coincidentally so just as the US economy were tanking and a serious oil producer invaded. I wasn't born yesterday and i really can't do much about
the fact that you apparently were.
You can argue this when good news about oil and gas prices start coming in, do you expect to be able to do this soon?
So please explain to me just how much gas and oil prices have to do with what people pay at the pump ? Do you know what are the sales and federal
taxes are and the profit margins of oil producing countries and or oil majors? Why do you insist that high prices MUST mean that oil is running out?
Do you panic when bread prices go up and immediately start wondering if there will ever be so much bread again? bah.
world oil production can't be expanded if the rate of discovery's do not even come close to production.
The rate of discovery has exceeded the rate of production for the vast majority of years during the last three decades and if it's currently taking a
dive that either means there is no more oil to be found , suddenly, or that there is so much in evidence that finding any more could destroy the
scarcity fears. Since you know where i stand can you at least explain why we have used up the worlds oil when we have been using coal so much longer
and far larger volumes? Why hasn't steel, copped and other metals run out yet? Why on gods earth would OIL run out in a hundred years? How can anyone
defend such nonsensical reasoning? In tonnage we mine only about twice as much Iron as we do oil , to say nothing of coal, and have been doing so for
THOUSANDS of years longer without hitting any kind of 'peak' nonsense.
thats the peak oil theory!
That may be what you think or believe it is but frankly that's not even what mister peak himself had in mind.
Stellar
I did restart my computer, but I don't know if it worked because you posted or because I restarted my computer...lol 
Fool me once shame on me fool me twice shame on you?
Where is your pride and how many more times are you going to be taken in the the same old scam? 
