It should also be needless to say we will NEVER run out of oil. The
whole peak business has to do with the technical capacity to extract
*ever increasing quantities* of the product economically. Predictions
of peak oil may be based on pessimistic assessments of the prospects
of technical
On Feb 20, 2008, at 12:18 PM, Sandwichman wrote:
It should also be needless to say we will NEVER run out of oil. The
whole peak business has to do with the technical capacity to extract
*ever increasing quantities* of the product economically. Predictions
of peak oil may be based on pessimistic
On Feb 20, 2008, at 12:18 PM, Sandwichman wrote:
It should also be needless to say we will NEVER run out of oil. The whole
peak business has to do with the technical capacity to extract *ever
increasing quantities* of the product economically. Predictions of peak oil
may be based on
On Feb 20, 2008, at 1:36 PM, Paul Phillips wrote:
I don't think this is correct. Oil is an exhaustible (i.e.
non-renewable) resource. Peak oil merely states that sooner or later
we will not be able to sustain *the EXISTING level of production*
never
mind increasing quantities. Economically
Sandwichman (Tom) wrote:
It should also be needless to say we will NEVER run out of oil. The
whole peak business has to do with the technical capacity to extract
*ever increasing quantities* of the product economically.
In other words, it's a modern variant of the Ricardo/Malthus
prediction of
Julio Huato wrote:
http://krugman.blogs.nytimes.com/2008/02/19/feeling-a-bit-peaked/
I recently finished The Age of Oil, a very nice and well-written book
by an Italian dude.
There have been four or five peaks in the past, all of which it should
be needless to say proved illusory.
Global
