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Politics : The Environmentalist Thread

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To: mistermj who wrote (21982)6/16/2008 9:25:16 AM
From: Triffin  Read Replies (1) of 36917
 

The oildrum blog is much too biased toward peak oil theory


PO isn't a 'theory' ..
It's a fact ..

You can't have infinite production growth from a finite
resource ..

The only outstanding question is the timing/date of the maximum rate of extraction ..

All these new finds are in difficult/expensive to develop
locations and when they do come online will only serve to
shallow out the overall depletion rate of previously
developed oil fields ..

If the global oil resource was plentiful and easy to
obtain we wouldn't be spending tens of billions of dollars
to mine 'sand' in order to extract it ..

Triff ..
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