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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (404301)8/4/2008 6:48:07 PM
From: combjelly  Read Replies (1) of 1574854
 
"Same "peak oil" fallacy in another form."

Huh?

"There is nothing we can do to increase supply, so why even bother decreasing the rate of decline?"

Lots of reasons. Moderating price increases would be one.

"My original post stands:"

So I suppose you are subscribing to the "there are whole unexplored continents out there!!!!" school of "thought"?

Bottom line, all of the easy oil, we have gotten. Every additional drop will cost more and more except for a few deposits that for whatever reason weren't noticed before. And the likeliest reason for that is they are small. Which is why we hit peak oil in this country in the first place. We were unable to replace the fields that were depleting at the rate they were depleting. Now, I suppose you can take the stance that the country wasn't very well explored in the 1960s, but that probably won't get you very far.

The only way you can make the argument that peak oil in 1972 was artificial is to, somehow, support the idea that there were some sort of barriers to exploration and exploitation in the 1960s. You haven't done that. Your faith in your ideas is touching, but they really aren't grounded in some sort of reality.
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