Thread: We are at the peak in world oil production...

How many times can we peak before people start giggling?

Originally Posted by PatrickT

How many times can we peak before people start giggling?

The entire peak oil game is to ignore the past, and focus only on the current sky is falling claim. Ignore past claims, ignore past peaks, ignore past price spikes, ignore the ending of other cheap and easy oils, proclaim the end of Walmart or transatlantic shipping or food distribution or whatever the angle is, and extrapolate from there. After all the hubbub dies down, wait 10 years, start the same game all over again.

This wouldn't be possible without a kernel of stuff, logic, factual thing, buried in the middle of the idea. So the next game for peakers is to exaggerate the "science" part of the claim, prior to breathlessly speculating on how many will die, whether gold or ammo will be more valuable in the Mad Max world they envision, etc etc. The peak oil fact in this case is logical, the production of a finite thing in a finite system has a beginning, and end, and somewhere in between, a maximum rate. No one denies peak oil, but peak oilers accuse everyone of it when the real issue is just related to timing. It has been claimed before, hell it has even HAPPENED before, but we can't let that get in the way of a great chicken little gimmick. So sure, the giggling has been going on since Hubbert declared peak oil probably before 1950. Before he said it might happen in 1965 in the US. Or maybe 1970. Or maybe 1995 at the world level. The modern peakers started proclaiming peak oil in 1989, and haven't let up for 2 decades now, always kicking the can down the road as one prediction after another goes by the wayside, changing the definition of oil (even though we put the resultant refined fluid in our gas tanks) to escape the quality of their prognostications, and so on and so forth.

Giggling has been going on since the US Geological Survey predicted US peak oil...in 1919.

My dad and I talked about peak oil in the late 1950s and he just howled.. KSA was producing about 3 million bpd.. Now they are producing 10 million bpd..

Originally Posted by PeakProphet

The entire peak oil game is to ignore the past, and focus only on the current sky is falling claim. Ignore past claims, ignore past peaks, ignore past price spikes, ignore the ending of other cheap and easy oils, proclaim the end of Walmart or transatlantic shipping or food distribution or whatever the angle is, and extrapolate from there. After all the hubbub dies down, wait 10 years, start the same game all over again.

This wouldn't be possible without a kernel of stuff, logic, factual thing, buried in the middle of the idea. So the next game for peakers is to exaggerate the "science" part of the claim, prior to breathlessly speculating on how many will die, whether gold or ammo will be more valuable in the Mad Max world they envision, etc etc. The peak oil fact in this case is logical, the production of a finite thing in a finite system has a beginning, and end, and somewhere in between, a maximum rate. No one denies peak oil, but peak oilers accuse everyone of it when the real issue is just related to timing. It has been claimed before, hell it has even HAPPENED before, but we can't let that get in the way of a great chicken little gimmick. So sure, the giggling has been going on since Hubbert declared peak oil probably before 1950. Before he said it might happen in 1965 in the US. Or maybe 1970. Or maybe 1995 at the world level. The modern peakers started proclaiming peak oil in 1989, and haven't let up for 2 decades now, always kicking the can down the road as one prediction after another goes by the wayside, changing the definition of oil (even though we put the resultant refined fluid in our gas tanks) to escape the quality of their prognostications, and so on and so forth.

Giggling has been going on since the US Geological Survey predicted US peak oil...in 1919.

In 1919 or a little before oil was coming out of the ground in Pennsyvania.

It was coming out of the ground on its own. We did not have to drill 2miles under the surface of the ocean to get it.

Originally Posted by politicalcenter

In 1919 or a little before oil was coming out of the ground in Pennsyvania.

It still is. Who in the world gave you the impression that it ever stopped?

Originally Posted by politicalcenter

It was coming out of the ground on its own. We did not have to drill 2miles under the surface of the ocean to get it.

Exactly my point. Long before you were born, the easy oil was disappearing. Why are you concerned about it now, considering you have grown up in an era of "hard" oil? Haven't you liked your life using this "hard" oil? Has it deprived you of some measure of lifestyle or threatened your survival in some way?

Originally Posted by PeakProphet

It still is. Who in the world gave you the impression that it ever stopped?



Exactly my point. Long before you were born, the easy oil was disappearing. Why are you concerned about it now, considering you have grown up in an era of "hard" oil? Haven't you liked your life using this "hard" oil? Has it deprived you of some measure of lifestyle or threatened your survival in some way?

Other than the fact it is destroying my lungs and polluting the atmosphere?

Other than the fact that we send billions of dollars outside the country, mostly to people that hate us?

And easy oil just moved out of the country and they began to pump those wells dry.

Now we buy oil in blood.

Originally Posted by politicalcenter

Other than the fact it is destroying my lungs and polluting the atmosphere?

That is an entirely different reason to not like it, and has nothing to do with its "easiness" or "hardness" to find, develop, produce and distribute. You do realize that one of the costs of the modernization mankind has created for themselves involves the combustion of various types of fuels, all of which have a "cost" in terms of air quality, water quality, environmental impact, etc etc?

Originally Posted by politicalcenter

Other than the fact that we send billions of dollars outside the country, mostly to people that hate us?

Canadians? And if you feel so strongly about where you send your money, I recommend you not do so. Buy a Volt, ride a bicycle, there are probably as many solutions to the issue at the individual level as their are people to invent them.

Originally Posted by politicalcenter

And easy oil just moved out of the country and they began to pump those wells dry.

Now we buy oil in blood.

Actually, it goes for about $90US or so. I'm not sure how much blood you have to sell to get that, but certainly a lot fewer people would be buying gasoline for their SUVs if your statement were true!

Originally Posted by PeakProphet

True. And what were the wages you were being paid when it cost 25 cents a gallon? Versus the wages you earn nowadays?

not 1/14th of it... starting to get it yet, you perpetual fraud?

The price of oil is way up, both in nominal and real terms, liar. That's because global supply can no longer sufficiently meet demand, and blaming the speculators is a little like shooting the messenger.

New fields and the most optimistic production capacity of ever-dirtier alternatives are not going to come close to making up for dying existing production capacity, which is something like 5-8% decline per year.

You've been challenged to explain how the global economy will adjust to that breakdown, and the best you've done is say "ride a bike" a whole lot.

Originally Posted by PeakProphet

Inflation hasn't just affected oil, and it hasn't just affected price of commodities.

Deep thought there. Too bad oil price isn't at all proportional to what you're trying to pass off. Oil price has doubled since 2005 (when peak C+C hit). Has your wage doubled since then? Has it tripled since 2001, when price points began to spike? Maybe your employer pays you by the fraud, so it's possible your wages tripled to keep up with oil-based inflation. Unfortunately, most outside your gated community have not had such good fortune.

In fact, wage growth isn't coming remotely close to keeping up with the increases in cost of day-to-day life - including and most especially the cost of food - ALL of which are due, directly or indirectly, to the rapidly rising (mid- to long-term) of oil.

But, why bother explaining this again for the 47th time for a classic cornucopian to ignore? To morons like you, a bit of L.A. traffic is evidence enough that peak isn't here. LOL

Ah well. The rich weren't really affected by the Great Depression. Only those "other" poor saps. Rinse-repeat.

Originally Posted by PeakProphet

Actually, it goes for about $90US or so. I'm not sure how much blood you have to sell to get that, but certainly a lot fewer people would be buying gasoline for their SUVs if your statement were true!

Unfortunately, you don't see how global oil traded at $90+ is a immovable impediment to the "necessary" economic growth paradigm your ideology entirely relies upon.

That's because you're, without a doubt, one of the dumbest contributors to this subject material in the history of message boards.

LOL-fail.

Originally Posted by Jiggs Casey

Unfortunately, you don't see how global oil traded at $90+ is a immovable impediment to the "necessary" economic growth paradigm your ideology entirely relies upon.

That's because you're, without a doubt, one of the dumbest contributors to this subject material in the history of message boards.

LOL-fail.

Jesus Jiggsy, go back and crawl under whatever rock you came from. Pick up a book, look at a graph, get over your endless peak oil claims already. Don't you get it? Until you can talk about how many MORE peaks we'll have, your incessant whining about any ONE of them is irrelevant.