Over the past year, American drivers have found themselves longing for the days when two dollars per gallon seemed expensive. Oil prices are rising at an unprecedented rate, and as a result, many are questioning whether the Earth's available oil supply has reached its peak. Are there still oceans of oil awaiting our discovery? How much pain you'll be feeling at the pump in the future depends on the answer.
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For Millennia, People Have Erroneously Thought Resources Were Finite.
Failing to answer the question suggests it is a "Yes"
This is not a question of dogma. It is one of hard measuring of a finite resource. Yes there are unknowns--but these can be fairly well defined (i.e. what we know and don't know). The fact this expert falls back on the "dire predictions are always wrong" dogma is fairly telling.
The question was not whether civilization can survive with ever shifting modes of energy capture and usage. It was whether we have reached peak oil .
- letjusticerolldown
April 4, 2009 7:35PM
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Side: Yes
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