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Peak Oil - True or False
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View Poll Results: Do You believe Peak Oil will happen by 2030?
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Yes
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33 |
78.57% |
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No
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4 |
9.52% |
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Unsure
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5 |
11.90% |
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03-09-2008, 12:59 PM
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Senior Member
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Join Date: Jan 2008
Vehicles: 2004 Ford Focus LX
Location: Denver, CO
Posts: 601
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Re: Peak Oil - True or False
Is peak oil real? Yes we will/have reach(ed) a peak of oil consumption. However the other side of the curve is not an exponential decay. As the price goes up and production falls, more oil wells that were previously uneconomical to tap will be tapped, alternatives will be used, consumption will drop, and oil prices will grow, but not in an outrageous fashion.
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03-10-2008, 06:34 PM
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John Galt Believer
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Join Date: May 2007
Vehicles: '67 Ford Mustang Convertible, '09 Harley Nightster
Location: East Texas
Posts: 1,687
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Re: Peak Oil - True or False
True! I sold 5 quarts of it in 10w30 viscosity yesterday!
http://www.peaklubricants.com/
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01-01-2011, 10:42 AM
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just the messenger
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Join Date: Feb 2006
Vehicles: 2000 Honda Enzyte 5-speed MIMA, CalPod, SGII
Location: Greater Dallas
Posts: 22,878
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Re: Peak Oil - True or False
The bet ends today and PeakOil lost the bet.
Story
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All is vanity
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01-01-2011, 10:53 AM
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Super MPG Man/god :D
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Join Date: Apr 2006
Vehicles: 2007 Toyota Prius, 2000 Honda Insight 5MT
Location: Elkhart, IN
Posts: 6,787
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Re: Peak Oil - True or False
Quote:
Originally Posted by Chuck
The bet ends today and PeakOil lost the bet.
Story |
Hmm. Seems he came up a tad short. Makes you wonder how many other gloom & doom predictions are a bit off. |
01-02-2011, 10:01 AM
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Veteran
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Join Date: Sep 2009
Posts: 6,464
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Re: Peak Oil - True or False
Probably most of them, except the biggie, mass extinction level asteroid strike.. average every 65 million years or so.. you can bank on that one.
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01-02-2011, 11:22 AM
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Moderator
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Join Date: Jul 2009
Vehicles: 2010 Toyota Prius II, 2008 Honda Civic AT
Location: Maine (41.4mi rtc <=55mph, 18kmi/yr 45mph-65mph)
Posts: 4,839
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Re: Peak Oil - True or False
Quote:
Originally Posted by herm
Probably most of them, except the biggie, mass extinction level asteroid strike.. average every 65 million years or so.. you can bank on that one.
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Of course, they're off because, as the article says, doom and gloom makes better news then logic.
"Only 200 years of current energy supplies remain" just doesn't worry enough people, sadly.
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My wife loves me: she bought me a ScanGauge.
 
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01-04-2011, 10:18 PM
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Moderator
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Join Date: May 2007
Vehicles: '11 Elantra Touring, '00 bioTDI Golf, Bikes, Light Rail
Location: Portland, OR
Posts: 5,302
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Re: Peak Oil - True or False
I didn't read the whole article because it appears to misunderstand Peak Oil theory. The "Peak" in "Peak Oil" doesn't refer to prices. It refers to production levels.
By most accounts we are still at or near Peak Oil.
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