I think the Religiousity usually comes in the form of people thinking they have an entitlement to a smooth transition from one energy source to another, therefore not preparing except by the invisable hand of the free market(talk about a religion). Kind of like homeowners always expecting there home to appreciate.
“Two economists find themselves locked in a basement. They’re not sure what time it is, because it’s dark and they can’t read their watches. They think it’s nearly dinner time, cause they’re starting to feel hungry. But they’re not worried; they are not starting to panic – because they know that their demand will create sandwiches for them!”
Yes, wells extract at different rates and there are various facotrs involved in pulling it out of the ground. Still any given region peaks and declines. Us in 1970, Northslope 1999, Cantrell in 2004. That is not in dispute. It is the when that is…
“argue that Hubbert peak supporters such as Campbell previously predicted a peak in global oil production in both 1989 and 1995”
I love the “cry Wolf” argument. Wasn’t the wolf real in the end.
As far as the un-conventional oils. EROEI-Energy returned on energy invested. When it takes on barrel of oil to extract one. Not really much good is it.
There are always equal and opposite Phds on both sides of any controversial issue but one side usually makes more sense.
IMO The ills of the 20th century hyper-captialism comsumption orgy are coming to fruition in the form of our geological limits limits and nobody is paying attention. We are like a world of 2 yr olds. It looks like the battle of the “rightness” of our current economic model and geological limits is starting. I’m putting my money on the limits..
Take your blue pill and get back in the matrix everybody…
