Have We Reached Peak Oil?

• “No”

  

  “We Are Not Fully Exploiting American Resources.”

• “Objection”

  

  “Same as Your Previous Argument”
  

We Are Not Fully Exploiting American Resources.

Diana Furchtgott-Roth

Senior Fellow, Hudson Institute

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Recommend (0) Comments (1)

We have vast untapped resources in America that we have been unable to extract—not because they are not there, but because of environmental concerns. We want to be energy independent, but we don’t want to use our oil and gas. With sky-high prices, we are filling the Strategic Petroleum Reserve and talking about opening another one. We need to change expectations by starting to use our resources.  We need to use clean drilling techniques off the coasts, in Alaska, and in the Gulf of Mexico to extract oil and gas. Then we need to build more refineries to turn these resources into fuels we can use. That will show OPEC that they can’t push us around by pushing up the price.

Next Argument

"No" Diana Furchtgott-Roth

• For Millennia, People Have Erroneously Thought Resources Were Finite.
  0
• As Oil Prices Rise, Drilling in Difficult Places Becomes Worthwhile.
  0
• We Are Not Fully Exploiting American Resources.
  0

"Yes" Dr Marcel Schoppers

• The Nature of the Problem
  2
• Hubbert's Peak
  4
• Oil Discovery and Production Understood in Gory Detail
  2
• Inevitable Consequences: The End of Abundance
  3
• Alternatives and Infrastructure Costs
  2
• Oil is the First Wave of an Even Bigger Problem
  1
• EVERYTHING Depends On When And How Fast
  2

Most Objections

• Inevitable Consequences: The End of Abundance
  3
• For Millennia, People Have Erroneously Thought Resources Were Finite.
  0
• As Oil Prices Rise, Drilling in Difficult Places Becomes Worthwhile.
  0
• We Are Not Fully Exploiting American Resources.
  0

Have We Reached Peak Oil?

• Yes
• No

View Results