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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus_Long who wrote (520)6/24/2005 1:20:39 AM
From: Wharf Rat  Read Replies (1) | Respond to of 24210
 
All Jewish women are Jewish mothers, whether or not they have kids. Would you care for a nosh?

when's peak oil?

I think we are about at the plateau. Don't know how long we can keep up this level of pumping. I'm just hoping we can keep this level up for a few more years.

One little story about Hubbert; in '71, the industry was laughing at him. "We have never pumped more oil than we are now". '71 was the peak for the US.
One other hint of immediacy...One guy in the "End of Suburbia" said he knew we peaked when the Texas RR Commission took all limits off the producers. About 2 months ago, OPEC said the same thing.
I suppose we'll know in a year if '05 is the peak or not.