Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Seeker of Truth who wrote (50816)	6/8/2004 3:58:19 AM
From: energyplay	Read Replies (2) of 74559

Hi Malcolm - Newest National Geographic has Colin Campbell predicting a peak in 2012, USGS predicting 2040. Article has only some substance, lots of pictures. On this thread are some differences in the views of geologists vs. geophysicists - you may want to read Elroy's posts- Message 20170542 My view right now is the world will have a flat, broad peak, not a narrow peak. This will make it hard to separate signal from noise until a number of years pass - maybe a decade or two. One good thing is the oil peak is moving to the top ten items on most people's agenda world wide. R&D for conservation, exploration, and alternatives will follow. Looking at examples like the Montreal Protocol (florocarbons and ozone), elimintion of small pox, building of the web, I expect that the human race will address the oil problem with some degree of success...

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